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Marketing for competitiveness: Asia to the world: In the age of digital consumers

By: Contributor(s): Publication details: World Scientific Publishing Co. Pvt. Ltd. 2017Description: xiv, 288 p PaperISBN:
  • 9789813201965
Subject(s): DDC classification:
  • 658.8
Contents:
Competitive Position: The Core Essence Being Strategy: From Positioning to Confirmation Core Tactic: From Differentiation to Codification Value Indicator: From Brand to Character Summary Marketing is Creating?: Competitive Marketing: The Whole Set Marketing Strategy for Value Exploration Marketing Tactic for Value Engagement Marketing Value with Values Summary Postface: Glorecalization Mindset: Asia to the World Asia's Local Champion Asia's Regional Player: Asia Vision, Local Actions Asia's Multinational Company: Global Value, Regional Strategy, Local Tactic Summary
Summary: Asia is the most populated geographical region, with 50% of the world's inhabitants living there. Coupled that with the impressive economic growth rates in many Asian countries, the region provides a very attractive and lucrative market for many businesses, big and small and from all industries. In addition, Asia is also a dynamic market that significantly grows with developments in technology and digitalization. For example, a research by Google and Temasek shows that Southeast Asia is the world's fastest growing internet region. The internet economy in Southeast Asia is expected to grow by 6.5 times from US31 billion in 2015 to US197 billion in 2025. All these make it critical for marketers, whether domestic, regional or global, to stay in touch if not ahead, in their understanding of what is happening in Asia from a marketing perspective and what Asia has to offer to the world. One phenomenon happening in the Asian market and which marketers should pay utmost attention to, is the rapidly unfolding digital revolution that has fundamentally transformed not just the extent but also the nature of competition. What makes it even more challenging and complicating is also how such a revolution impacts on consumer and business buying behavior. Disruptive technologies supported by this digital revolution have brought in new competitors and enabled existing competitors to surpass the conventional boundaries which we may be quite familiar with. Asian consumers have become more educated and connected and have embraced newer ways of selecting, buying and using products and services. In this book, the Father of Modern Marketing, Professor Philip Kotler has collaborated with two marketing experts from Asia, Hermawan Kartajaya from Indonesia and Hooi Den Huan from Singapore to publish a book on Marketing for Competitiveness: Asia to the World — In the Age of Digital Consumers. This book argues that marketing is no longer just vertical but has encompassed a new, more horizontal paradigm. In addition to many new concepts and frameworks, this book includes a plethora of real-world examples from various countries in Asia, which will help to shed light on how companies, both Asian and global, compete in Asia. Useful lessons can be drawn by all businesses in the world on how to win the mind, heart and spirit of the Asian consumer — digital and non-digital.
List(s) this item appears in: Book Alert-February-2018 | Marketing Books-General-17-July-2018 | Management Gurus-25-March-2022
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Holdings
Item type Current library Call number Status Date due Barcode Item holds
Book Book Main Library 658.8/Kot/Kar/34635 (Browse shelf(Opens below)) Available 11134635
Total holds: 0



Competitive Position: The Core Essence
Being Strategy: From Positioning to Confirmation
Core Tactic: From Differentiation to Codification
Value Indicator: From Brand to Character
Summary

Marketing is Creating?:

Competitive Marketing: The Whole Set
Marketing Strategy for Value Exploration
Marketing Tactic for Value Engagement
Marketing Value with Values
Summary

Postface: Glorecalization Mindset:

Asia to the World
Asia's Local Champion
Asia's Regional Player: Asia Vision, Local Actions
Asia's Multinational Company: Global Value, Regional Strategy, Local Tactic
Summary

Asia is the most populated geographical region, with 50% of the world's inhabitants living there. Coupled that with the impressive economic growth rates in many Asian countries, the region provides a very attractive and lucrative market for many businesses, big and small and from all industries. In addition, Asia is also a dynamic market that significantly grows with developments in technology and digitalization. For example, a research by Google and Temasek shows that Southeast Asia is the world's fastest growing internet region. The internet economy in Southeast Asia is expected to grow by 6.5 times from US31 billion in 2015 to US197 billion in 2025.

All these make it critical for marketers, whether domestic, regional or global, to stay in touch if not ahead, in their understanding of what is happening in Asia from a marketing perspective and what Asia has to offer to the world.

One phenomenon happening in the Asian market and which marketers should pay utmost attention to, is the rapidly unfolding digital revolution that has fundamentally transformed not just the extent but also the nature of competition. What makes it even more challenging and complicating is also how such a revolution impacts on consumer and business buying behavior.

Disruptive technologies supported by this digital revolution have brought in new competitors and enabled existing competitors to surpass the conventional boundaries which we may be quite familiar with. Asian consumers have become more educated and connected and have embraced newer ways of selecting, buying and using products and services. In this book, the Father of Modern Marketing, Professor Philip Kotler has collaborated with two marketing experts from Asia, Hermawan Kartajaya from Indonesia and Hooi Den Huan from Singapore to publish a book on Marketing for Competitiveness: Asia to the World — In the Age of Digital Consumers. This book argues that marketing is no longer just vertical but has encompassed a new, more horizontal paradigm. In addition to many new concepts and frameworks, this book includes a plethora of real-world examples from various countries in Asia, which will help to shed light on how companies, both Asian and global, compete in Asia. Useful lessons can be drawn by all businesses in the world on how to win the mind, heart and spirit of the Asian consumer — digital and non-digital.

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