In a
world that is becoming more global every year, it is crucial for a company that
wishes to perform on an international level to develop specific strategies.
The key components of international strategy include diffusion and
adaptation. ABSOLUT can utilize this type because there is very low
pressure for them to adapt to local taste. Their product does not change
design for specific countries, therefore they can focus energy on product
quality. Furthermore, as a superior quality product comparatively within
the market, low-costs are not their primary concern. ABSOLUT's process of
producing their product exclusively in Ahus, Sweden puts them on a slightly
different level than other spirit brands. People who purchase ABSOLUT are
looking for the flavor it offers. By using an international strategy,
ABSOLUT has focused on designing new exotic flavors and combinations. If
it ever arises that local markets require a distinctive taste, ABSOLUT may have
to consider changing courses, but as of their current position they are doing
great.
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