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The original comment was "if you can conquer US market. you can pretty much do that elsewhere". US Fast Food has not conquered street vendors. A quick look at
by lesuorac 1y ago
The original comment was "if you can conquer US market. you can pretty much do that elsewhere".
US Fast Food has not conquered street vendors.
A quick look at a French theater [1] shows 2 American movies, 2 Spanish movies, and 1 French movie. French culture might be dominated by foreigners but 2/5 isn't domination. Movies also have a similar network effect to software where it's preferable to see the same movies as other people to have a talking point.
Social media (WhatsApp included in here) is probably accurate but that's software which I already gave an out to.
> There's something to that, I think.
There's definitely something to making a compelling product that takes over a local market being desirable by a foreign market. I just don't think there's something special about winning say the US car market over winning the Chinese car market (There is something special about winning the US/Chinese market over winning the Irish market though -- Size).
However, for many goods that aren't protected by a monopoly a local supplier is going to be able to undercut your distribution costs. That's why Finish McDonald's uses Italian beef [2].
[1]: https://www.ugc.fr/films.html https://www.ugc.fr/films.html
[2]: https://www.mcdonalds.com/fi/fi-fi/tuote/pepper-n-bacon.html https://www.mcdonalds.com/fi/fi-fi/tuote/pepper-n-bacon.html