Page 123 - GLOBAL STRATEGIC MARKETING
P. 123

EPRG FRAMEWORK










                   Ethnocentric



                          - Self

                      Reference

                       Criterion








                    Domestic techniques and Personnel are



                                        considered superior




               Ethnocentric

                        •  Overseas operations are viewed as secondary to domestic operations
                        •  Considered as a means to dispose of surplus domestic production
                        •  Plans for overseas market are developed in the home office, utilizing
                            policies and procedures identical to those employed in the domestic
                            market
                        •  Overseas marketing is looked after by home country nationalsNo
                            systematic research is conducted overseas
                        •  No major modifications are made to products sold in overseas
                            markets
                        •  Prices are calculated on the same basis as in the home market with
                            the addition of overseas distribution costs
                        •  Promotion and distribution strategies are similar to that employed in
                            the home country
                        •  Strong reliance on export agents

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