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Explains one of the international trade theory
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HELFERRICH, HINFELAAR AND KASPER STRUCTURE
Group Members:
Anubhav GoyalParth GargPriya MukherjeeSameer SinghShailesh SethShivank Chaudhary
IMPETUS FOR HHK THEORY
This structure is used to classify various types of overseas retailers.
Helfferich, Hinfelaar, & Kasper’s classification basically borrows from the mainstream international marketing and management literature, particularly referring to culture and classifies various types of overseas retailer across five dimensions, that are:
1. Geographic Scope2. Cultural Spread3. Cultural Orientation4. Marketing Strategy and,5. Management Strategy
The major contribution of this classification is the integration of the cultural dimension to international retailing, emphasizing particularly the cultural orientation (EPRG Framework) and management approaches of international retail firms.
Do not adapt their products to the needs and wants of other countries where they have operations
Equal importance to every country’s domestic market.Believe in uniqueness of every market.
Economic, cultural or political similarities among regions.
• The main idea is to target “global consumers” who have similar tastes.
• To borrow from every country what is best.
GEOCENTRIC
EPRG FRAMEWORKETHNOCENTRIC
POLYCENTRIC
REGIOCENTRIC
INTERNATIONAL GLOBAL TRANSNATIONAL MULTINATIONAL
Geographic Scope
1 Continent 2 or more continents
1 or more continents
1 or more continents
Cultural Spread
1 Cultural Zone 2 or more cultural zones
2 or more cultural zones
2 or more cultural zones
Cultural Orientation
Ethnocentric Mixed Geocentric Polycentric
Marketing Expansion of home format or international alliances
Minimal adaption, homogenous markets
Medium adaptation, Heterogeneous markets
Major adaptation or diverse formats, heterogeneous markets
Management Domestic HQ Centralized control
Integrated network Independent units
HHK STRUCTURE
EUROPEAN SILICON STRUCTURE LTD.
References• International Retailing by Nicholas Alexander & Anne Marie Doherty
• http://www.acclaro.com/newsletter/cross-cultural-marketing-success-stories
• http://www.willystreet.coop/reader-editions/2012/08/european-style-shopping
• http://distributedmarketing.org/2013/02/14/why-centralized-marketing-control-benefits-a-brand/
• http://www.slideshare.net/9-examples-of-firms-implementing-global-strategy-by-adaptation
• http://www.manzellareport.com/index.php/strategies-section/283-success-selling-globally-requires-cultural-localization