Mtv Case Study

Principles of Marketing Marketing 3321-011 (Fall 2009) Case Study 1 MTV ab initio exported the standardized the Statesn version, but shortly figured that although teens from some the world enjoyed American music, they are more interested in their own regional music rather than American music. MTV oercame this folderol by producing “localized content for specific markets”. What is MTV’s world-wide market entry strategy? Discuss whether you agree with MTV’s approach, and identify its advantages and outrages. MTV did great job recognizing and reacting to international marketing opportunities. MTV’s true significance is to “translate its formula for success into the any(prenominal) languages of the world. The network now owns 33 distinct channels that deal shows in 18 languages to 1.8 billion viewers in oer clx countries”. MTV had to consider the distinguishable cultures and religious beliefs certain c ountries have. In collection to do so MTV had to meet with a semipolitical leader before they started the MTV channel in that country. MTV did this to make undisputable that its shows wouldn’t make fun of the countries religions or cultures. MTV handled its very different market by proceeds adaption .

MTV changed their product so that it would get along the needs and wants of that specific culture, but kept the same trace with a little changes here and there to make it strickle into account for each country. The advantage of doing this is that MTV is devising a ton of specie by making their com pany accessible for 160 countries. The disad! vantage to this is in the beginning MTV lost a deal of capital trying to gain new customers so that their schedule would be a hit. The advantage to MTV spreading globally is that America is making a profit every time a person turns on MTV. Discuss MTV’s global product strategy. At the end of the article, Bill Roedy, the President of MTV Networks International verbalise that the campaign why countries...If you want to get a in effect(p) essay, order it on our website: OrderCustomPaper.com

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