Cover image for Winning Global Markets : How Businesses Invest and Prosper in the World's High-Growth Cities.
Winning Global Markets : How Businesses Invest and Prosper in the World's High-Growth Cities.
Title:
Winning Global Markets : How Businesses Invest and Prosper in the World's High-Growth Cities.
Author:
Kotler, Philip.
ISBN:
9781118893791
Personal Author:
Edition:
1st ed.
Physical Description:
1 online resource (289 pages)
Contents:
Cover -- Title Page -- Copyright -- Contents -- Preface -- Acknowledgments -- Chapter 1 The Economic Power of Global Cities -- Urbanization -- The Economy of Cities -- Business Strategy in City Economies -- Markets -- Jobs -- Transplants -- Technology -- Capital -- Business Strategies for Developing-City Markets -- Corporate Culture -- Segmentation -- Targeting -- Conclusions -- Questions for Discussion -- Chapter 2 How City Metropolitan Regions Compete in the Global Economy -- Scale -- Demographics -- Logistics -- Incentives -- Industry Clusters -- Supply Chains -- Central Government Policy -- Social Stability -- Political and Civic Leadership -- Institutional Strength -- Commercial Strength -- Conclusions -- Questions for Discussion -- Chapter 3 The Real Generators of Wealth: Global Multinational Company Investment -- The Growth of MNCs -- The Size and Power of Today's MNCs -- Cities Need to Watch MNCs Growth Plans -- Conclusions -- Questions for Discussion -- Chapter 4 How Multinational Companies Target Global City Markets for Expansion -- How MNCs Make Their Choices -- Hard Attraction Factors -- Soft Attraction Factors -- Steps in the City Location Process -- The Geographical Dimension -- The Administrative Dimension -- The Four Steps in the Company Location Decision Process -- Information Search -- Evaluation of Alternatives -- Purchase Decision -- Postpurchase Behavior -- Postinvestment Satisfaction -- Postinvestment Actions -- The Influence of City-Rating Information -- How Reliable Are City Rankings and Ratings? -- Conclusions -- Questions for Discussion -- Chapter 5 How Cities Compete to Attract Midsize and Large Multinational Companies -- What Can a City Do to Improve Its Attractiveness? -- Who Are the Major Actors in Marketing the City? -- Local Actors: Public-Sector Actors -- Local Actors: Private-Sector Actors -- Regional Actors.

National Actors -- International Actors -- Public-Sector Actors -- Private-Sector Actors -- Which Target Markets Does the City Need to Attract? -- Attracting Business and Industry -- Attracting Residents and Employees -- How Do City Marketers Go About Marketing Their Community? -- Conclusions -- Questions for Discussion -- Chapter 6 How a Nation Can Help Its City Economies -- What Functions Should the Nation Be Expected to Perform? -- Defense Roles -- Education Roles -- Public Safety and Health Roles -- Emergency Roles -- National Directive Roles -- In What Ways Can the Government Help Weaker Cities Get on Their Feet? -- In What Ways Can the Government Assist Stronger Cities to Climb Even Higher? -- Conclusions -- Questions for Discussion -- Chapter 7 The Responsibilities of Companies and Cities -- The Role and Impact of MNCs in an Urban Area -- What Damages Can a Company Inflict on a Local Economy? -- What Improvements Can a Company Contribute to a Local Economy? -- How Can a Metro Area Be Sure That a Prospective Company Will Contribute More Good Than Bad to the Local Economy? -- Conclusions -- Questions for Discussion -- Chapter 8 How Marketers Manage the City-Centered Global Economy -- Company Opportunity in Global Cities -- Company Profiling of Opportunity Cities -- Actions by the City -- City Core Strengths for Investment Attraction -- Reaching Out to Potential Investors -- The Negotiation Process -- Conclusions -- Questions for Discussion -- Notes -- Additional References -- Index -- EULA.
Abstract:
A new marketing paradigm focuses on the concentrated economic power of 600 global cities. City-Centered Marketing: Why Local is the Future of Global Business is a compelling practical analysis of a new direction of marketing within the context of intensifying urbanization and the shift of global economy from West to East. Philip Kotler, one of the world's foremost marketing experts, and his brother Milton, an international marketing strategist, explain why the future of marketing must focus on top global cities and their metro regions, and not squandered resources on small cities. Marketing is city-centered activity. 600 global cities will contribute 65 percent of the global GDP of 67 trillion by 2025. The top 100 cities will contribute 25 percent of GDP, and 440 of these top 600 cities will be in the developing world. Top cities have to improve their marketing prowess in compete for the right companies and settling on the best terms. By 2025, the vast majority of consuming and middle-income households will be in developing regions. While New York, Los Angeles, and Chicago will remain major players because of high per-capita GDP and capital and intellectual assets, companies will pay more attention to growing city regions in the developing world. Multinational businesses must change the culture of their headquarters, divisions and branches, as well as their value chain stakeholders to take advantage of these market changes. The book details the strategies for sustainable growth with topics like: Resource allocation in developed versus developing city markets Shifting the focus to city regions instead of central governments The rise of new multinational corporations from developing economies Declining consumer and business growth in developed cities Cities in China, Brazil, India, and throughout the Middle East and Latin America are rising to

become major players in the global marketplace. Philip and Milton Kotler argue that an inversion is taking place, and top cities are growing economically faster than their national rate of growth. These emerging city markets are critical to company growth , and City-Centered Marketing: Why Local is the Future of Global Business provides the vital information and guidelines that companies need to plan accordingly.
Local Note:
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2017. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.
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