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      <title>In-class activity 1 - Examples of Market Entry Failures (workshop 1) by </title>
      <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9</link>
      <description></description>
      <language>en-us</language>
      <pubDate>2024-01-31 14:02:25 UTC</pubDate>
      <lastBuildDate>2024-02-02 17:18:59 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Dunkin Donut - India</title>
         <author>nbicakcioglupeynirci1</author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868426469</link>
         <description><![CDATA[]]></description>
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         <pubDate>2024-01-31 14:09:33 UTC</pubDate>
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         <title>Starbucks - Australia</title>
         <author>nbicakcioglupeynirci1</author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868427946</link>
         <description><![CDATA[]]></description>
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         <pubDate>2024-01-31 14:10:35 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868427946</guid>
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      <item>
         <title>McDonalds - Vietnam</title>
         <author>nbicakcioglupeynirci1</author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868428987</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://jamaicans.com/wp-content/uploads/Reasons-Why-McDonalds-Didn%E2%80%99t-Survive-in-Jamaica-810x540.jpg" />
         <pubDate>2024-01-31 14:11:07 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868428987</guid>
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      <item>
         <title></title>
         <author>nbicakcioglupeynirci1</author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868466089</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://cdn.freebiesupply.com/images/large/2x/walmart-logo-transparent.png" />
         <pubDate>2024-01-31 14:34:51 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2868466089</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871510124</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://medium.com/the-global-millennial/why-walmart-failed-in-germany-f1c3ca7eea65" />
         <pubDate>2024-02-02 17:07:33 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871510124</guid>
      </item>
      <item>
         <title>Local food</title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871512973</link>
         <description><![CDATA[<p>Local food options are plentiful and prices are lower than international brands like McDonald’s</p><p><br/></p><p>Only 1% of Vietnamese consumers' food budget is spent on fast-food restaurants, showing a strong preference for local vendors and street stalls.</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:10:36 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871512973</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513049</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://ecomclips.com/blog/why-walmart-failed-in-europe-what-went-wrong-in-germany/#:~:text=To%20conclude%2C%20Walmart%20failed%20in,and%20different%20organizational%20rules%2C%20and" />
         <pubDate>2024-02-02 17:10:41 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513049</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513089</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://www.justologist.com/how-starbucks-failed-in-australia/#" />
         <pubDate>2024-02-02 17:10:43 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513089</guid>
      </item>
      <item>
         <title>Issues</title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513276</link>
         <description><![CDATA[<ul><li><p>Consuming heavy sweets first thing in the morning is not at all a part of the Indian culture. </p></li><li><p>Unlike the West, where customers love coffee, Indians prefer another beverage called chai.</p></li><li><p>The average cost for two in Dunkin’ Donuts in India can be around ₹600 — which is a lot for most people who are earning a near-average or below-average salary.</p></li></ul>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:10:55 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513276</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513689</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://bettermarketing.pub/why-walmart-failed-in-germany-3fdcc6469b89" />
         <pubDate>2024-02-02 17:11:22 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513689</guid>
      </item>
      <item>
         <title>Reasons Dunkin failed in India:</title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513799</link>
         <description><![CDATA[<p>• operational costs were high </p><p>• we’re not taking into account all the consumer preferences: preference of healthy breakfasts and traditional dishes </p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:11:29 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871513799</guid>
      </item>
      <item>
         <title>Reasons why walmart failed in germany </title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871514574</link>
         <description><![CDATA[<ol><li><p>legal restrictions on undercutting competitor prices </p></li><li><p>clash with german labour laws + trade unions </p></li><li><p>underestimating entrenched local retail chains </p></li><li><p>overall struggles in mature german retail sector </p></li><li><p>rejection of Walmart’s corporate culture by employees </p></li></ol><p><br/></p><p>what could they have done differently </p><ol><li><p>they could have taken a more localised approach by tailing its stores and offer products that better suit the preferences of german consumers</p></li><li><p>they could understand cultural differences by investing more in german culture</p></li><li><p>they could have respected labour laws as walmart got criticised for its treatment of employees and resistance to labour unions</p></li><li><p>they could build relationships with local suppliers and government officials to help walmart navigate the complexity of the german market </p></li></ol>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:12:17 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871514574</guid>
      </item>
      <item>
         <title>Starbucks Australia </title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515158</link>
         <description><![CDATA[<ul><li><p>Starbucks faced challenges due to strong local competition, high operating costs, and a mismatch with local coffee preferences. The Australian market already had a well-established café culture, and Starbucks' standardised menu didn't resonate with the diverse and discerning tastes of Australian consumers.</p></li><li><p>Starbucks could have adapted its menu to better align with local preferences, offering a more diverse and customised range of coffee options. Building partnerships with local suppliers and emphasising the café experience could have also played a role in integrating with Australia's established coffee culture.</p></li></ul>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:12:55 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515158</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515940</link>
         <description><![CDATA[<p>Vietnam is not unfamiliar with fast food, in fact they have loads of options no matter where you are. Vietnam locals were not getting access to McDonald’s food at a faster pace compared to other establishments. The difference like service speed was not really noticeable.</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:13:43 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515940</guid>
      </item>
      <item>
         <title>What could have been done differently: </title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515941</link>
         <description><![CDATA[<p>• consumer behaviour and preference research </p><p>• cheaper running costs </p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:13:44 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871515941</guid>
      </item>
      <item>
         <title>Cost-effectiveness</title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871516178</link>
         <description><![CDATA[<p>Local Vietnamese Pho is faster and cheaper than McDonald’s, with high cost performance</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:13:58 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871516178</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871516257</link>
         <description><![CDATA[<p>Prices were too high </p><p>Products contained too much sugar </p><p>Expansion of store was too fast </p><p>Didn’t cater for the Australian cafe culture </p><p><br/></p><p>Change products to fit with the Australian consumers needs </p><p>Start with a small number of store to establish their brand and then expand </p><p>Change their sales systems to fit in more with the cafe culture in Australia </p><p><br/></p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:14:03 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871516257</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517120</link>
         <description><![CDATA[<p>The timing of Starbucks' entry into Australia coincided with economic challenges, including a global economic downturn. This made it difficult for Starbucks to thrive and forced consumers to be more price-conscious.</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:14:53 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517120</guid>
      </item>
      <item>
         <title>Why they failed</title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517323</link>
         <description><![CDATA[<ol><li><p>They dropped their prices lower than the local German stores</p></li></ol><ol start="2"><li><p>Walmart Failed to Understand the German Culture</p></li><li><p>Employees Were Made to Chant “Walmart, walmart”</p></li></ol>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:15:07 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517323</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517694</link>
         <description><![CDATA[<p>McDonald’s had heavy competition before it started as the Vietnam food industry was thriving at the time</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:15:27 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871517694</guid>
      </item>
      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871518307</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://bettermarketing.pub/why-dunkin-donuts-failed-in-india-62bbbabc0227" />
         <pubDate>2024-02-02 17:16:02 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871518307</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871518855</link>
         <description><![CDATA[<p>McDonald's struggled in Vietnam due to competition from local vendors, high prices compared to local options, and the ability of local vendors to serve more people at a lower cost.</p><p><br/></p><p>Also,Any $3 meal is considered luxury. Beside, McDonald's menu is perceived as unhealthy. In Vietnam, you would find that the vegetables take up about 1/3 of most dishes. People generally prefer a more balanced diet, that's why things like burgers or fries have never been the trend.</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:16:26 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871518855</guid>
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      <item>
         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871519280</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://startuptalky.com/dunkin-donuts-failure-in-india/" />
         <pubDate>2024-02-02 17:16:53 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871519280</guid>
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         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871519372</link>
         <description><![CDATA[<p>There is no price advantage, the local Vietnamese diet is relatively healthy and cheap. Food preferences are different, and McDonald's does not investigate local food preferences enough. The market positioning is vague, and McDonald's positioning of its own high-quality food is contrary to the local dietary needs of Vietnam.</p>]]></description>
         <enclosure url="" />
         <pubDate>2024-02-02 17:16:59 UTC</pubDate>
         <guid>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871519372</guid>
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         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871520008</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://eightify.app/summary/business-and-finance/dunkin-donuts-struggles-in-india-a-closer-look#:~:text=Dunkin&#39;%20Donuts%20tried%20to%20downplay,image%20rather%20than%20help%20it.&amp;text=Dunkin&#39;%20expanded%20too%20fast%20in,and%20focus%20on%20smaller%20locations." />
         <pubDate>2024-02-02 17:17:36 UTC</pubDate>
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         <title></title>
         <author></author>
         <link>https://padlet.com/nbicakcioglupeynirci1/3v3m7aoaz9ns74x9/wish/2871521826</link>
         <description><![CDATA[]]></description>
         <enclosure url="https://www.castusglobal.com/insights/how-starbucks-missed-the-mark-in-australia" />
         <pubDate>2024-02-02 17:18:59 UTC</pubDate>
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