StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Marketing practices in Kuwait vs. the USA - Assignment Example

Cite this document
Summary
Both countries recognize the importance of the marketing mix as tools to gain consumer interest. Marketing practices purchase commitment, the importance of brand management, and positioning the…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.1% of users find it useful
Marketing practices in Kuwait vs. the USA
Read Text Preview

Extract of sample "Marketing practices in Kuwait vs. the USA"

number Outline: Marketing practices in Kuwait vs. the USA Introduction There are fundamental similarities in the marketing practices of Kuwait and USA. Both countries recognize the importance of the marketing mix as tools to gain consumer interest. Marketing practices purchase commitment, the importance of brand management, and positioning the business among competitors. On the other hand, there are few differences between the two nations when it comes to cultural diversities.Market CongruencySince the United States liberated Kuwait in the early 1990s from the Iraqi regime, they became the largest product exporters to Kuwait.

The Kuwaiti consumers have developed favorable attitudes towards the United States and the Kuwaiti firms have many marketing ideologies that are prevalent in the United States.Congruency in Market SegmentationThe United States takes marketing segmentation as a critical marketing element to determine the consumers who are likely to seek for their products and services. Segmentations exist in various aspects such as geographically, demographically, by culture, or in relation to the benefits, which are demanded by customers.

Kuwait also has segmented its market to reach the most desirable consumers. These segmentation strategies ensure that future promotions and integrated communication are available between the two countries.Congruency in psychographics and positioningKuwait simplifies the process of determining how to effectively promote a product while taking into consideration the consumers values, attitude and lifestyle. Psychographics seem to be of high relevance in the United States market as evident in the fast food chain.

Positioning of a product is an important aspect for Kuwait and USA marketing strategies in order to gain competitive advantages and ensure higher revenue growth in sales of products and services. Congruency in digital marketing StrategyBoth Kuwait and USA have taken advantage of the digital marketing activities in order to effectively promote their products and services particularly brand promotion. The advantage of doing this is that fact that it reduces dependency on external agents and allow the firms to market directly to the consumers of their goods and services at much less market based expenditures.

Congruency in certification as a marketing advantageThe USA and Kuwait have formed platforms for common marketing practices in order to seek ways of justifying the quality of products as a means of expressing the benefits of the products to the consumers and the ethical stance associated with the brand and the businesses. The marketers from both the nations realize the importance of adding certification to their products and services as an illustration of compliance to the social expectations and inspections done by the relevant authorities.

Exploring customer relationship management differencesThe marketers in Kuwait treat their customers quite different from how the USA marketers do. The customer relationship management is a concern that the USA firms invest on as opposed to Kuwait who consider it less relevant for brand management. Exploring disparities in service marketingThe activities done to attend to a customer in Kuwait are integrated within the entire value chain by the businesses that market their services without creating a command structure within the business.

This makes the marketers in Kuwait not realize the significance of breaking away from the command structures that are outdated. Contrary, in the United States, The firms focus on improving service quality perception with close relation to the customers. This model is referred to as B2B and B2C customer. So much investment in service marketing is evident in USA than in Kuwait.ConclusionThere are numerous similarities between United States marketing and Kuwait marketing practices. There are similarities in market segmentation, positioning strategies, psychographic methodologies, use of digital marketing, brand promotion and certification of services and products.

However, there are several differences evident in service marketing and customer relationship.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Marketing practices in Kuwait vs. the USA Assignment”, n.d.)
Marketing practices in Kuwait vs. the USA Assignment. Retrieved from https://studentshare.org/marketing/1666983-marketing-practices-in-kuwait-vs-the-usa
(Marketing Practices in Kuwait Vs. The USA Assignment)
Marketing Practices in Kuwait Vs. The USA Assignment. https://studentshare.org/marketing/1666983-marketing-practices-in-kuwait-vs-the-usa.
“Marketing Practices in Kuwait Vs. The USA Assignment”, n.d. https://studentshare.org/marketing/1666983-marketing-practices-in-kuwait-vs-the-usa.
  • Cited: 0 times

CHECK THESE SAMPLES OF Marketing practices in Kuwait vs. the USA

Management and Organizational Behavior: Kuwait Petroleum Corporation

Running head: KUWAIT PETROLEUM CORPORATION CASE STUDY: (MANAGEMENT AND ORGANIZATIONAL BEHAVIOR ASSIGNMENT) Kuwait Petroleum Corporation Case Study: (Management and Organizational Behavior Assignment) Insert Name Insert Insert 17 October 2011 Outline Introduction KPC challenges Alternative solutions The best alternative solution Conclusion Kuwait Petroleum Corporation Case study: (Management and Organizational behavior assignment) Introduction Kuwait Petroleum Corporation (KPC) was established in 1980 as an integrated State-owned oil company that control government operating companies in the petroleum sector (IBP usa, 2008)....
5 Pages (1250 words) Essay

The Importance of Marketing Concepts in a Real-World Business Scenario - Case of Starbucks

Starbucks Introduction The key purpose of this essay is to underpin the importance of marketing concepts in a real world business scenario.... The essay will try to shed some light on the use of marketing concepts, such as product, place, price, promotion, segmenting and identifying target market and integrated marketing communication mix, in order to address real world business challenges.... hellip; Starbucks has been selected by the study as a sample organization for conducting analysis on use of marketing concepts in order to design a holistic marketing strategy by organizations....
8 Pages (2000 words) Essay

XYZ Company Strategy on the Kuwait Market

hellip; There is a strong growth in vehicle sales in kuwait during 2012 and sales of new vehicles increased by 27% compared to last year with 102,944 units being sold and expected to grow by 25% during 2013, mainly because of booming vehicle leasing market (Market Research, 1).... We are focusing on exporting luxury car segment as its demand is very strong in kuwait.... in kuwait due to high cost of production because of lack of resources and high cost of labor, manufacturing facilities for vehicles are not profitable, therefore almost all vehicles are imported from other countries (Kuwaitstay, 1)....
7 Pages (1750 words) Essay

Retention of Competent Human Resources

nbsp; Understandably, building, operating, and maintaining the petrochemical plants, marketing and distributing of different products, require technical expertise (Dolan, 2004; p 117) critical in the recruitment and retention procedures in a company.... This study is an offshoot to the future human resource issues that have been forecast in most researches and may be confronted within KJO on skilled labor shortages and dissatisfaction of their employees....
5 Pages (1250 words) Research Proposal

Commerce in Arab Countries

Generally the list of Arab countries includes Algeria, Djibouti, Bahrain, Iraq, Egypt, Lebanon, kuwait, Jordon, Mauritania, Libyan Arab Jamahiriya, Palestinian Autonomous Territories, Oman, Qatar, Morocco, Saudi Arabia, Syrian Arab Republic, Sudan, United Arab Emirates, Yemen and Tunisia.... Economies of all these countries especially Saudi Arabia, United Arab Emirates, Egypt, Oman, Sudan and kuwait are found to be growing fast....
13 Pages (3250 words) Research Paper

Agricultural marketing system

Involving an individual or company in agricultural business requires adequate preparations including handling of food handling certificate which is essential as it reflects on the usa agricultural marketing system which should not be blamed.... U of Minnesota- usa: U of Minnesota Press.... Involving an individual or company in agricultural business requires adequate preparations… The paper is aimed at determining both functions and challenges of agriculture and food industry systems. Agricultural economics is Running Head: AGRICULTURAL marketing SYSTEM Agricultural marketing System Insert Introduction Agricultural andfood marketing system Agriculture and food industry is one of the areas that are yet to be exploited businesswise....
2 Pages (500 words) Term Paper

IKEA's Strategy in the USA

The author of the essay entitled "IKEA in the usa" states that IKEA has been very successful in Sweden and other countries because of the company's prime focus on the customer.... KEA's marketing strategy revolves around getting closer to the customers.... This cycle ensures the success of IKEA's marketing strategy (Bloomberg, 2005)....
1 Pages (250 words) Essay

Strategic Management of The Made Maid Company

This research paper describes the strategic implementation and other strategic management-related issues and concerns of Made Meid Company.... It analyses different approaches and different aspects of this company.... hellip; The management of Made Maid Company realizes the need to exercise strategic control over the entire operations of the company through the use of informational and behavioral controls....
7 Pages (1750 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us