THE CHINESE ARE COMING! WHAT TO DO WITH MY MARKETI NG MIX? THE CASE OF RAMADHES & CIA LTDA.
DOI:
https://doi.org/10.13058/raep.2014.v15n1.46Keywords:
marketing mix, positioning, brand.Abstract
This case, based on real facts, describes the market situation experienced by Rodrigo Ramadhes, the director of Ramadhes & Cia Ltda., a company based in Minas Gerais that has been operating for more than 60 years. It is one of the leading producers of belts, backpacks and handbags in South America. During the 2000s, the company developed the Madhes belt line as part of its range of accessories, which became its main product. Much of this success was credited to the marketing mix policies, which combined the price, distribution channel and a mixture of communication with brand concept based on functional attributes and benefits. According of the marketing mix, the scenario was favorable for the Madhes line, but growing gdp and increasing penetration of Chinese products, including belts, concerned Rodrigo Ramadhes, who began to consider transferring the company’s industrial production from Minas Gerais to China in pursuit of a greater competitive edge. He constantly reflected on the possible implications of such a move on the company’s marketing mix, despite the current situation being favorable, solid and promising in market terms.
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