2. What is Diaspora?
The movement, migration, or scattering of a
people away from an established or ancestral
homeland where their ancestors lived.
3. Background
Large private companies and State owned
Enterprises take the Global Plunge.
Now what about Other companies??
Do they have to give up??
8. Assimilators
They adopt host country culture
They won’t buy products from homeland
Hyper prone to purchase home country
brands
9. Marginal
Usually Poor people
Lack economic and educational opportunities
Affordability, Functionality and Durability
Culture don’t influence their purchase
decisions
10. Ethnic Affirmers
Prefer Home country products
Stick to cultural values
Retain their identity
Attractive segment
11. Bicultural
Sense of belonging to both home and host
country
Better educated
Higher incomes
Socioeconomic status
More involved in local social networks
12. Evaluating Diaspora’s Potential
Does the brand have universal appeal??
Superior Product performance
Compelling value
Country of origin effects
13. Cont….
Is the Diaspora Large enough??
Will the Diaspora’s distribution allow the brand
to expand nationally??
Will the diaspora’s socioeconomic profile help
the brand??
14. Dabur: Global Brand
In 1980, exported products to Indian Diaspora
in UAE.
5 million Indians in Gulf region
Then Forays into developed markets of Uk and
US
Advertisements didn’t work
Surge interest in all-natural products
Country of origin Credibility and superior
performance
15. Conclusion
Without being Global countries cannot
develop
Developed economies UK, US, France,
Germany have made their path
Developing economies need to have smart
strategies to overcome obstacles and RISE in
the growing countries Lead.
Notes de l'éditeur
Developed innovative products and build global brands with few resources,.