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Marks and Spencer Enters China

Jane Menzies; Ilan Alon; Jennifer Dugosh

商品編號:9B12A036
出版日期:2013/02/26
再版日期:2013/02/20
商品來源:
商品主題:International Business; Marketing
商品類型:Case (Pub Mat)
涵蓋議題:China market entry;culture;emerging markets;China
難易度:4 - Undergraduate/MBA
內容長度:18 頁
地域:China
產業:Retail Trade
事件年度:2012

Marks and Spencer (M&S) had first ventured into international markets 70 years ago. By 2012, M&S had 337 stores in 41 countries. Although M&S saw itself as a U.K. retailer that exported its products, the company had been attempting to reduce its dependency on the U.K. economic cycle. Its goal was to increase international sales from £800 million to £1.0 billion by 2013/14. By 2020, M&S wanted to be an international, multi-channel retailer.

When the company entered the Chinese market in 2008, it faced many difficulties. It had failed to conduct proper market research to understand the Chinese consumer, which had led to many issues. The company had neglected to address the cultural gaps between the United Kingdom and China. It had also taken an approach of standardizing its products, instead of adapting products to the new market. Students must consider the marketing mix policies of product, price, placement and promotion to recommend changes to M&S’s entry into China.

教學手冊:Marks and Spencer Enters China - Teaching Note
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