Global Trade Management International Advertising, Public Relations, Trade Missions/Shows World Trade Practices Chapter 19 International Advertising Modifications to domestic Advertising Modifications to marketing materials Direct international advertising Placing international advertising International Ad copy Cooperative advertising 2 WTP-Chris Schrage Guidelines Co Co--op rate Match requirement Allowable expenses Claim process 3 WTP-Chris Schrage College of Business, University of Northern Iowa 1 Global Trade Management International Public Relations Meet with international editorial staff Plan public relations events Press releases Global consistency Dealing with problems Editorial vs. advertising staff 4 WTP-Chris Schrage ONE VOICE, ONE IMAGE… ONE BRAND Anheuser--Busch Anheuser Brand Development Basics Motivated People & Partners New Brands Quality Control Right Right Product Distribution Right Profit Right Image Promotion Advertising Packaging Revenue & Cost Management 6 WTP-Chris Schrage College of Business, University of Northern Iowa 2 Global Trade Management Brand success Establish Global Brand Guidelines Help international reps – Advertising goals – PR goals Ed Farley, VP International Marketing Anheuser-Busch 7 WTP-Chris Schrage Anheuser--Busch Anheuser Global Advertising Strategy – Contemporary Relevance • • SPEAKS TO “Consumer’s Heart” Knows my languagelanguage- relevant to my lifestyle – Brand Quality • • SPEAKS TO “Consumer’s Head” Value perception 8 WTP-Chris Schrage For Global Positioning Miller Time is the “MILLER WAY” Rooted in the “urban cool” mindset Globalmiller.com website 9 WTP-Chris Schrage College of Business, University of Northern Iowa 3 Global Trade Management Trade Missions~Trade Shows Which is best??? 10 WTP-Chris Schrage Trade Mission Vertical Participate – Industry specific – New market entry – Support existing activities – Networking – Just entering international business Horizontal – Region specific Why participate? – Exposure – Cost savings – Hands Hands--on learning 11 WTP-Chris Schrage Deciding on a Trade Mission Right mission – Right time Cost Right show Last minute opportunities 12 WTP-Chris Schrage College of Business, University of Northern Iowa 4 Global Trade Management International Trade Shows Held domestically or internationally Some are ongoing – Brazil Brazil-- computers Attendance – Exhibitor – Visitor Vertical Horizontal 13 WTP-Chris Schrage Trade Show Tips Plan ahead Pavilions Language issues Visual Aids – EXTREMELY IMPORTANT Marketing Materials Potential buyer database Business cards Pricing Follow--up data Follow ATA Carnets – Passport for display items 14 WTP-Chris Schrage Materials 15 WTP-Chris Schrage College of Business, University of Northern Iowa 5