|
Companies seeking to do business in Russia should not create
one nation-wide plan, but several business plans should be developed
in order to reflect the unique aspects and demands of different
regions or cities.
Local brand loyalty is increasing, as well as the quality of
domestic products. The packaging of products has improved and
many Russian leading brands are equal in competition to international
brands nowadays. In order for a foreign company to compete,
local or national brands can be created and positioned. The
three most important factors influencing consumer selection
of products are aggressive advertising, promotion and a minor
decrease in prices.
A company entering the Russian market must be aware of the
popular person-to-person marketing. This is mainly due to that
distribution and logistic costs are high and this way of marketing
is therefore less costly. Russian consumers appreciate however
big centres to do their shopping. Large stores will continue
to become popular even in the future.
Customer preferences regarding advertising have step-by-step
changed. Commercial should be humorous, interesting, bright,
and beautiful and combine image and product qualities.
|
|
IMPORTANT !
The current version of Centreeurope.org is not fully updated anymore. A new version with thousands of pages about Central and Eastern European countries will be launched at the end of 2008, in seven languages.
|