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CIA1 - MARKETING MANAGEMENT
DEBJYOTI CHOWDHURY
GAUTAM KUMAR DEY
HARIHARAN R
SHIVAM GOVILA
SIDDHARTHKARUN K
ANITHA JOY
RUCHI PUNN
SMRITI NAGPAL
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Introduction
Ethnic marketing comprises all Marketing efforts
industries
Companies seek for novel ways to become profitable
and build customer loyalty
Ethnic Marketing represents an opportunity to
differentiate a companys offering in saturated
market places and to develop new products
Advantages
Appreciating the role of languages and culture would
Limitations
Marketers often fear what they dont know.
Corporate executives dont hire talent or devote
McDonalds
McDonalds is at the forefront of this new wave of marketing by
developing menu items and advertising schemes that cater to the ultradiverse US population.
McCafe coffee is just one example of ethnic marketing in action.
Focus advertising efforts on the ever-changing market dimension. As
the market continues to become more culturally diverse, traditional
marketing methods (which are known for catering to white middleclass Americans) arent going to be as well received as in the past. It is
now more important than ever to know the tastes and preferences of
minority groups!
Happy Dent
Did you know that the air quality inside your car is up to 6x
dirtier compared to the outside air.
The Result:
Higher Redemption of the campaign coupon in-language
Chinese publications compared to larger mainstream
magazines.
PepsiCo Canada
Nestl Canada
Nestl Quality Street - Diwali
Micromax India
Conclusion
Focussing on a Particular Group
Maintaining a balance
Can also be used as General Marketing Tool.