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A relook into the term 'Glocal'
The question then becomes, if a brand enters a market and tries to adapt to local societal norms, cultures and trends, doesn't that move it from being a global brand into a local brand?
Localisation
It is of utmost importance for global brands to seek local relevance. A qualitative research approach is the key into this. Uncovering insights through ethnographic and consumer behaviour research will get brands closer to understanding societal and cultural norms, values and beliefs in their targeted local regions.
This turns your global brand into a local brand, where consumers understand that as much as your brand may have international origins, it actually is local because it has relevance within their society.
In essence, every global brand is a global brand because it has local brand relevance in every market or region that it is present in. Yes, the heritage may stem from its country of origin, however, the mere fact that it is adapting to its targeted local market makes it a local brand.
In my opinion, to successfully penetrate a local market, brands need a clean slate approach. This does not mean forgetting your brand heritage, values, positioning or even brand purpose, but rather approaching a market without the "one-formula-fits-all with some local tweaking" strategy.
You cannot use the same formula or approach in different cultures and societies and expect the same successful result, because each region has its unique human insights and ways of living that might not necessarily relate to what has been done in other regions.
So for a brand to really become a true successful global brand, it needs to be a multiple local brand and the sum thereof makes it a successful global brand.