Game plan for leveraging data analytics to drive marketing decisions

Prioritizing international markets challenges global brand expansion. Katherine Melchior Ray, President of Global Ally Consulting, shares strategies for assessing market opportunities using the CAGE framework and analyzing local customer demographics. Learn how to improve global marketing efforts by questioning assumptions and avoiding a one-size-fits-all approach.

Episode Chapters

  • 01:04: Game Plan -- Prioritizing international markets nThe discussion centers around determining which international markets to target by learning from domestic customers with diverse backgrounds, and analyzing demographic profiles using the CAGE framework to evaluate cultural, administrative, geographic, and economic distances. nn n03:51: Game Plan -- Interpreting cultural signals nEmphasis is placed on adopting a skeptical mindset to avoid assumptions about consumer behavior across different markets, acknowledging the cultural differences between local U.S. customers and their counterparts in foreign markets. nn n04:48: Big Finish -- Risk in global expansion nThe conversation touches on the inherent risks in global expansion, highlighting the importance of preparation, market testing, and learning from local markets to succeed in an increasingly globalized world.
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