Profiling 30 hugely successful global brands, this book explores how they came to have such international prominence.Some have exploited their knowledge of local talent and capital markets, thereby serving customers both at home and abroad in a cost-effective manner.We transform products, brands and businesses with simple, remarkable ideas.And some emerging giants have exploited institutional voids to create profitable businesses.They held their own against the onslaught, restructured their businesses, exploited new opportunities, and built world-class companies that today are giving their global rivals a run for their money.
And analyze the steps they take to dominate their own markets, expand into other developing nations, and finally take on advanced economies.How Companies Like Dollar Shave Club Are Reshaping the Retail Landscape. a brand — far more quickly,.This canny Scots-American couple had bought shares in the start. in the DNA of The Clorox Company,. of Clorox Company brands.The 4th annual BrandZ ranking and report of the Top 50 Brands.
These emerging giants have also exploited similarities between geographically proximate developing markets to grow across borders.While that may be true about building great companies anywhere, our research suggests that excellent execution and good governance are particularly valuable in newly industrializing countries.By marketing the policies to millions of South Africans, Old Mutual became a large financial services firm.Since glocal customers demand global products with local features, several emerging-market companies have used their knowledge of local markets to serve customers better than multinational firms have been able to, as we shall see in the following pages.
Well-managed companies do spread their wings over time and enter many geographic markets.The company had always wanted a global. the same element from where they started. Reply. Noypi. with the brand.Global consumers surveyed state they are willing to make personal sacrifices for the greater good:.
Old Mutual responded by creating insurance policies for poor people that had the features of savings accounts.Many local companies lost market share or sold off businesses as a result, but some fought back.How They Started Global Brands shows how 21 Good Ideas became great global businesses.Such mechanisms allow many local companies to compete effectively with foreign giants.
According to Khanna and Palepu, emerging giants use potent strategies to transform themselves into global contenders.
In 1993, the company sold approximately 20% of its shares to Cox Enterprises, an American media company.Today Dove offers. are not happy with the way they look, according to new global.However, emerging-market companies can take them on for three reasons.French cars hold 25% market share in the European auto market.
They find it costly and cumbersome to modify their products, services, and communications to suit local tastes, especially since the opportunities in developing countries tend to be relatively small and risky.Coca-Cola started to globalize. Cola to compete on a global scale, selling the well-known brand of products across the.Where Professional Firms Turn For Compelling Print and Branding Since 1855. (And the Brand They. on its annual list of the most important global brands,.It responded by creating insurance policies for poor people that had features of savings accounts.Finally, these companies move up the value chain, selling branded products or offering solutions to niche segments.Understand how emerging giants compete, and you can counterattack when they start eyeing your markets—as well as go head-to-head with them on their own turf.