Explain and justify your solution to the marketing problem

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Reference no: EM133340417

Case Study: Blundstone Footwear is an Australian footwear manufacturer based in Hobart, Tasmania, the southernmost state of Australia. The company's best-known product is its dark brown, lace-less/elastic-sided, ankle-length boots. The official name for this product line is "The Original", although the boots are commonly known as "Blunnies" in Australia. Blundstone Footwear was established in Tasmania in 1870, and despite growing to become one of the world's most recognizable boot brands, the company remains Tasmanian. The Head office and manufacturing base are in Hobart, Tasmania. Market research reports in 2011 indicated that Blundstone is Australia's best-known, most-loved and best-selling worker boot brand. Its boots are currently exported to 34 countries under the "Blundstone" brand. Blundstone Footwear also maintains modern manufacturing facilities in Melbourne, Australia. Some low-cost footwear components are sourced from Vietnam, India, Romania, China and Mexico, but not enough to threaten its Product of Australia legal status. It employs its own personnel at these overseas facilities to ensure the standard of manufacturing meets stringent quality standards. Blundstone Footwear is a Quality Endorsed Company to ISO9001. Strong international sales are the dream for many brands. But it can be a marketing headache if the brand has a different meaning in different contexts. Blundstone Footwear CEO Steve Gunn has faced this problem over the past three years as the company's international sales have trebled. While the boot maker has experienced significant sales growth in Scandinavia, Canada, Italy, Germany, Israel, Britain and the US - while also opening up new markets in Eastern Europe, China, Chile and Mongolia - its brand positioning in these markets is very different.

Question: Blundstone Footwear is now facing a major marketing challenge in overseas markets due to the lack of international marketing strategies. Explain and justify your solution to the marketing problem.

Reference no: EM133340417

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