The international marketing strategy of grocery retailers – the strategy of adaptation and standardization
Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
Research question – The research question, that this study attempts to answer, is, what and why grocery retailers, which specifically work with the strategy of standardization, adapt in their marketing mix to the host market. Main adaptations are analyzed with regard to psychic distance in terms of consumer characteristics.
Methodology – This study presents a qualitative research design. Secondary data, in-depth interviews and personal observations were used, in order to identify adaptations, which were conducted in a grocery retailer in Germany, which is its home market, and in Sweden, which is considered to be a host market.
Findings – The main findings of this research indicate that grocery retailers that specifically work with the strategy of standardization, adopt their core strategy at the host market, in order to keep their economy of scale. However, the standardization strategy may cause negative financial results, which is why adaptations, in order to attract new customers, are required. Conclusively, a mix of both, the adaptation and standardization marketing strategy, has to be utilized.
Place, publisher, year, edition, pages
Retail internationalization, retailing marketing mix, grocery retailer, adaptation, standardization, international marketing strategy, consumer portrait, psychic distance, physical distance
IdentifiersURN: urn:nbn:se:du-17953OAI: oai:DiVA.org:du-17953DiVA: diva2:821544