• Title/Summary/Keyword: New Zealand exporting company

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Study for Export Performance and Adaptation/Standardization Level on Marketing Variables -the cases of New Zealand Exporting Companies- (수출성과와 수출마케팅변수의 적응화/표준화 수준에 관한 연구 - 뉴질랜드의 수출기업 사례를 중심으로 -)

  • Hwang, Sun-Dai
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.103-123
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    • 2014
  • Export performance has been a core topic in export marketing research. This study aims to investigate the relationship between adaptation/standardization strategies and export performance obtained after implementing each of these strategies to marketing mix variables. It is expected that the study results will help companies better understand an efficient marketing mix and applicability of adaptation/standardization approaches in their export ventures. New Zealand exporting firms which actively seek for export markets in Korea are selected for empirical analysis of this study. Adaptation and standardization are concepts that signify the level of intensity in each strategy; both have advantages and weaknesses. In the case of adaptation approach, it is shown that the difference in export performance between satisfactory and non satisfactory export ventures is statistically significant in marketing mix variables such as price, place and promotion. However, product variables affect statistical significance on export performance between satisfactory and non satisfactory export ventures in standardization approach. This study implies that when a company exports its product overseas, standardization effort is more important for product variables whereas much effort needed in adapting marketing variables such as price, place, and promotion to get satisfactory export performance.

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