Doing business in Libya: assessing the nature and effectiveness of international marketing programs in an evolving economy

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Busnaina, I. and Woodall, T. ORCID: 0000-0002-8949-5577, 2015. Doing business in Libya: assessing the nature and effectiveness of international marketing programs in an evolving economy. International Business Review, 24 (5), pp. 781-797. ISSN 0969-5931

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Official URL: http://dx.doi.org/10.1016/j.ibusrev.2015.02.002

Abstract

The aim of this paper is to investigate, in one emerging Arab economy (Libya), the strategic and tactical choices of MNE (multinational enterprise) domestic appliance brands and, also, the attitudes of local consumers towards those choices. Various choice characteristics are investigated - including marketing mix standardization/adaptation - and, also, country-of-origin brand (COB). To establish extant organizational choices, local representatives of four established brands were interviewed and survey responses from 609 consumer were analyzed. No statistically discernible relationship between standardization/adaptation choices and consumer attitude towards marketing programs was found, but the study identified one especially successful brand that appeared to owe its achievements to an especially holistic approach to marketing that demonstrated 'fit' with the market concerned. Coincidentally, findings also address the conventional country-of-origin wisdom, and this is investigated/speculated upon accordingly. This is one of few marketing studies concerning Libya, and it adds to the limited literature on an increasingly relevant region.

Item Type:

Journal article

Publication Title:

International Business Review

Creators:

Busnaina, I. and Woodall, T.

Publisher:

Elsevier

Date:

October 2015

Volume:

Number: