Kotabe, of Kotabe and Helsen (2001), Global Marketing Management, John Wiley & Sons, New York, discusses timing of product entry decisions related to global rollout and simultaneous entry. He discusses two models of strategy related to entry timing. Discuss these strategies and identify a company, product, and situation for each strategy where it would be better to use one as opposed to the other.
Why might one strategy be better than the other?
Having a first mover or pioneer advantage when entering a market may seem to give a new product an automatic advantage when embarking upon a new enterprise. In other words, to be first in a new or developing market, when determining one's entry timing would seem to give one an advantage over later entrants. However, there is also an advantage to be had competitively in what is known as a 'later mover' advantage, where, as the old adage states, the last shall become first. Although it may be tempting to rush into a market to avoid simultaneous entries will competitors, occasionally it is better to engage in 'global rollover' to target one's global marketing strategy different, using different entry timing and introduction into different markets.
Some of the advantages of being a pioneer or first mover in a market, born out by theoretical and empirical evidence,...
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