Question
Kashmir Inc. started business 3 years ago by making ethnic Pashmina Shawls, that are specific to the Kashmiri region, and marketing it to potential customers.
Kashmir Inc. started business 3 years ago by making ethnic Pashmina Shawls, that are specific to the Kashmiri region, and marketing it to potential customers. The shawls are quite expensive due to the rare kind of cashmere used and range from $200 to $800. The company experienced huge growth in recent years from western countries and decided expand its marketing efforts into countries where the demand is highest and there's a potential for growth.
After thorough considerations, the company decided to make its presence in the following countries.
Sweden
France
Italy
United Kingdom
United States
Canada
Brazil
The company however is now facing problems with PRODUCT PLACEMENT and can't decide whether to make only online presence or partner with an existing store chain for physical presence in each country.
For each of these countries, the company is trying to determine whether to market with Brick or Click model or use both Brick n' Click.
1.Analyse which model would be suited for each of these countries.
2.For each of these countries, what potential factors shaped your choice of marketing model.
3.Which existing platforms should the company use in each of these countries for its product placement?
4.Why do you believe your choice of model is suitable for product placement in each of these countries.
Please only write concise points as I need help with developing a concept around it and am not writing an essay.
'Pashminarefers to a fine variant of spuncashmere, the animal-hair fibre forming the downy undercoat of theChangthangigoat. The wordpashmmeans "wool" in Persian, but inKashmir,pashmis referred to the raw unspun wool of domesticatedChangthangigoats. In common parlance today, pashmina may refer either to the material or to the variant of theKashmir shawlthat is made from it.'
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started