The GMS: A Broad Conceptualization of Global Marketing Strategy and Its Effect on Firm Performance

Author:

Zou Shaoming1,Cavusgil S. Tamer2

Affiliation:

1. Marketing and International Business, Department of Marketing, College of Business, University of Missouri–Columbia.

2. University Distinguished Professor and The John W. Byington Endowed Chair in Global Marketing, Department of Marketing and Supply Chain Management, Michigan State University.

Abstract

Despite the strong interest in global marketing, there is no consensus in the literature about what constitutes a global marketing strategy and whether it affects a firm's global market performance. The authors develop a broad conceptualization of global marketing strategy, the GMS, that integrates three major perspectives—namely, the standardization, configuration–coordination, and integration perspectives—of global marketing strategy. They also develop a conceptual model that links the GMS to a firm's global market performance. On the basis of a survey of business units competing in global industries, the authors find support for the broad GMS perspective and the fundamental relationship between the GMS and firms' global market performance. The authors also discuss theoretical and managerial implications of their findings.

Publisher

SAGE Publications

Subject

Marketing,Business and International Management

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