Yessimkhanova Zhadyra Finance 304/2
1. Describe Mattels global merchandise dodge for Barbie and assess its success.
Mattel pushed Barbie in to Global market by adapting fashion and culture trends to it proceeds. Difficulties for Mattel to enter global market be culture, barriers and competitors. Mattel faced problem in the ticker East active religious and social grounds. Parents and religious leaders think Barbie is remaining with their culture value and Arab girls reality is various from Barbie. In Brazil, Barbie has competition from local rival which has lower worth and more realistic. However, Mattel found that they did non need a core overhaul their product to be successful, For example, Mattel launched Barbie with a painted interrogative sentence spot and dressed in Sari with universal Barbie in India.
Moreover, Mattel fought competitors in japan by joining forces with Bandai, Japans largest toy company. They adapted Barbie to Japanese culture and realized that Japans market prefers well known American Barbie. Finally, alliance strategies had been eliminated but still Mattel had a huge success with 31% of total revenue. In brief, Global strategies are partnerships that adapt it product to local taste, economic condition and pricing.
I think that Mattel is doing fair in Middle East and well in the Asiatic market. Overall, Mattel is doing well, but they will need to adapt a strategy to make more market share in the Middle East.
2. Mattel has experience problems in entering the Japanese market. How could Mattel have achieved greater success in Japan?
Mattel faced the complex statistical distribution system and intense competition from Japanese brands. At first, consumers did not know much about Barbie so Mattel enlisted the service of Takara, a Japanese toy specialist. Mattel learned that Barbies legs are also long and her chest is too large: They changed Barbie to look sympathetic to the Japanese aesthetics. Mattel also noticed that Japanese girls preferred...If you want to excite a full essay, order it on our website: Orderessay
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