|
By Michel
Bouquier
Is your company ready for a new global marketing
strategy?
If you take the right steps and if you are really
ready for a major change of behaviour, you will undoubtedly increase
the value of your company.
Implementing a global marketing program is a complex
endeavor.
Are you ready to think differently? Are you prepared
for a major change?
You will need a new mission statement or most certainly
you will have to revise your old one because this is an all new battle
field out there.
Partnership alliances will play a key role in your
new strategy. Creativity and innovative thinking will make you win the
global battle. Look around at the successful strategies in other winning
industries. With a few outstanding exceptions, the travel industry has
been slow to mark out territory in partnerships and is not as aggressive
as it could be.
The exceptions which prove the global alliance rule
include airlines such as Star Alliance, One World and some of the top
agency players. American Express Travel with 1700 travel agencies under
the leadership of Charles Petrucelli in Paris is probably one of the
most advanced travel companies along with Rosenbluth Travel. Both companies
do not aim only to conquer the European market. They want to be world
number one.
Cruise lines are slowly progressing on the global
scale. Club Med is facing major internal changes. The recent purchase
of Cunard by Carnival Cruises shows the willingness of the world number
one cruise line to lead the global market.
Large international hotel chains are focused on
their network development but are neglecting the new alliances that
would allow them to run an effective global marketing strategy.
The bank and the credit card industries are probably
among the leaders of the new global thinking. Both do it right. Both
do it fast. Both do it with a brand new state of mind.
How can a bank increase the number of its outlets
without opening new agencies? The answer is placing ATM machines where
the consumers spend their money, ie video stores, department stores,
airports etc...and investing heavily in the Internet.
Credit cards know they are competing not only with
other credit card companies, they are competing against check and cash
transactions. The challenge is to make credit card usage more attractive
and added valued to anybody, anywhere, anytime. Partnership alliances
are also the answer for credit card companies. In addition to a very
effective distribution network, exclusive added value products give
them the power of penetrating each market segment and each region of
the world. Partners add value to the product in any industry-whether
it be financial services or travel. The very real benefits of shared
costs and shared customers mean that all parties benefit-and that the
biggest winner of all is the consumer.
This new creative thinking is powered by a new generation
of leaders who do not hesitate to destroy old habits and to fix things
even if they are not broken.
In a world of changes, companies are starving for
lack of innovation. They know that they have to adapt fast because the
ability to adapt to changes is the key identifier in the global marketplace.
Going global means taking the lead and showing the
way forward. It only requires new ideas that work-new ideas that will
convince your future strategic partners that you mean business. 
|