Wednesday, February 12, 2020
Mktg 3000 Essay Example | Topics and Well Written Essays - 500 words - 1
Mktg 3000 - Essay Example The main reason behind this is the lack in market research or assuming that a single factor wonââ¬â¢t make a lot of difference for example name , color, slogan, ingredients, advertising etc considering if the product is made right. We have numerous experiences on paper where such factors lead to failure of products or were termed in violation of local ethics. For eg famous British shoe maker UMBRO tagged as ââ¬Å"appallingly insensitiveâ⬠when it named its shoes meant for running as ZYKLON , the reason for such a response was later found out that ZYKLON was the same gas used in Nazi extermination camps. Similarly when Ford introduced PINTO in Brazil, it rather attracted quite a cold response and flopped. After research it was found that PINTO is a Brazilian slang for ââ¬Ëtiny male genitalsââ¬â¢. Later on Ford changed the name to Corcel meaning Horse. Also slogan for brands like Electrolux in America ââ¬Ë Nothing sucks like Electroluxââ¬â¢ and introduction of new products by brands who donââ¬â¢t keep the cultural difference in mindââ¬â¢ Coors Bear having slogan ââ¬Ëkeeping it looseââ¬â¢ in Spanish the slogan meant ââ¬Ë youââ¬â¢ll suffer from diarrheaââ¬â¢.
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