the Joshua Schall Audio Experience

Glocalization Isn't a New Concept, But It's Never Been More Valuable Than Today


Listen Later

Today’s social media platforms and digital marketplaces don’t have walls or borders, but how does that affect your functional CPG brand? With a few clicks of your mouse, you can fire up your functional CPG brand’s multinational marketing and retail distribution. It's really crazy how fast and easy things can be done in 2020. Despite uncertain global markets, entrepreneurship is still in the middle of the golden era because of the growing importance of ecommerce and social media.

That all being said, one thing that has been reinforced during the "COVID-19 Effect" is that functional CPG business owners were reminded there isn't and shouldn't be a "one size fits all" approach to business domestically or multi-nationally! Being a multinational functional CPG shouldn’t mean you seek global parity. Instead, functional CPG brands should have a global template, but with local adaptations. The fancy business school jargon for this is Glocalization and it's exactly what successful functional CPG brands must do as the world becomes one, but also more fragmented. It’s a complex strategy to pull off, but if executed properly the rewards are immensely valuable.

...more
View all episodesView all episodes
Download on the App Store

the Joshua Schall Audio ExperienceBy Joshua Schall

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

17 ratings


More shows like the Joshua Schall Audio Experience

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,338 Listeners

Planet Money by NPR

Planet Money

30,864 Listeners

Pivot by New York Magazine

Pivot

9,106 Listeners

The Daily by The New York Times

The Daily

111,438 Listeners

NutraIngredients-USA Podcast by William Reed Ltd

NutraIngredients-USA Podcast

12 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

6,978 Listeners

FoodNavigator-USA Podcast by William Reed Ltd

FoodNavigator-USA Podcast

5 Listeners

At The Table with Patrick Lencioni by Patrick Lencioni

At The Table with Patrick Lencioni

1,133 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,042 Listeners

The Startup CPG Podcast by Startup CPG

The Startup CPG Podcast

405 Listeners

Honestly with Bari Weiss by The Free Press

Honestly with Bari Weiss

8,610 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,424 Listeners