Preview

International Marketing

Better Essays
Open Document
Open Document
3420 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
International Marketing
A firm 's international marketing program must generally be modified and adapted to foreign markets. This international marketing program uses strategies to accomplish its marketing goals. Within each foreign nation, the firm is likely to find a combination of marketing environment and target markets that are different from those of its own home country and other foreign countries. It is important that in international marketing, product, pricing, distribution and promotional strategies be adapted accordingly. In order for an international firm to function properly, cultural, social, economic, and legal forces within the country must be clearly understood. The task of International marketing is more difficult and risky than expected by many firms.

One of the most controlling factors of international marketing is management. It is very important for managers to recognize the differences as well as similarities in buyer behavior. Many mistakes can occur if managers fail to realize that buyers differ from country to country. It is the international differences in buyer behavior, rather than similarities, which cause problems in successful international marketing. An international marketing manager is a manager responsible for facilitating the exchange of products between the organization and its customers or clients. Sometimes an international marketing manager will find difficulties in completing the exchange of products.
Many surprises in international business are undesirable human mistakes. An international corporation must fully understand the foreign environment before pursuing business matters. Problems constantly crop up and many times have unexpected results. Sometimes these unexpected results are unavoidable. Other times they are avoidable. To be sure those avoidable situations do not occur, international marketing managers must be aware of cultural differences.

Cultural differences take place among most nations of the

You May Also Find These Documents Helpful

  • Powerful Essays

    John Lewis in China Report

    • 6732 Words
    • 27 Pages

    Ghauri, P and Cateora P (2010). International Marketing. 3rd ed. New York: McGraw Hill Education. p249.…

    • 6732 Words
    • 27 Pages
    Powerful Essays
  • Better Essays

    Unit 39 P6

    • 1729 Words
    • 7 Pages

    When the business markets internationally they have to take into account the customers needs and how to meet them, this is often done with a lot of research and information such as questionnaires and analyzing the market’s buyers. They have to take those points into account so that the marketing strategy works internationally.…

    • 1729 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    International Marketing

    • 420 Words
    • 2 Pages

    Students are to present a research report on the implications of Internet technology in the international marketing of the firm. More specifically, the impact of the Internet on international marketing performance indicators such as sales from international customers has become clear (Mathews, Healy and Wickramasekera 2011). International marketing managers must be aware of this changing environment and the impact on marketing activities in international markets such as “the consumer experience”. Students are to draw upon the literature to highlight key areas where change is altering the international marketing activities and performance of the firm, as per the scenario and context below.…

    • 420 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    International Marketing

    • 2488 Words
    • 10 Pages

    For every dollar the United States invested in the economic development and rebuilding of other countries after World War II, hundreds of dollars returned in the form of purchases of U.S. goods and services. The primary plan after World War II used to rebuild and reinvigorate war ravaged countries was the:…

    • 2488 Words
    • 10 Pages
    Good Essays
  • Best Essays

    Mkt 505 Courseguide

    • 6367 Words
    • 26 Pages

    Required Resources Keegan, W. J., & Green, M. C. (2011). Global marketing: 2011 custom edition (6th ed.). Upper Saddle River, NJ: Prentice Hall / Pearson. Supplemental Resources Colton, D.A., Roth, M.S. & Bearden, W.O. (2010). Drivers of international e-Tail performance: The complexities of orientations and resources. Journal of International Marketing, 18(1), 1-22. Friedman, T. L. (2005). The World is flat 3.0: A brief history of the twenty-first century, New York, NY: Picador. McCue, S. (2006). Force to force: Building profitable e-commerce strategies. Mason, OH: Thomson Higher Education. Mulki, J., Jaramillo, J., & Locanders, W. (2009). Critical role of leadership on ethical climate and salesperson behaviors. Journal of Business Ethics, 86(2), 125-141. Okazaki, S., Mueller, B. & Taylor, C. (2010). Global consumer culture positing: Testing perceptions of soft-sell and hard-sell advertising appeals between U.S. and Japanese consumers. Journal of International Marketing, 18(2), 20-34. Santos, N. J., & Laczniak, G. R. (2009). Marketing to the poor: An integrative justice model for engaging impoverished market segments. Journal of Public Policy & Marketing, 28(1), 3-15.…

    • 6367 Words
    • 26 Pages
    Best Essays
  • Powerful Essays

    Globalisation had an increasingly significant impact on international marketing. As the cost and complexity of operating in overseas market has been reduces by globalisation, more and more markets are now becoming open to international organization. This system has resulted into increased market competition which in turn increasing the importance of effective international marketing. Most of the companies want to explore themselves in international market rather than becoming a player in a long held domestic market. All in all, this paper aims at explaining and defining the strategies through which international organizations can adapt to the ever changing environment, tastes and preferences of customers…

    • 3287 Words
    • 14 Pages
    Powerful Essays
  • Powerful Essays

    In more mature markets, a wider variety of alcohol products compete in a sophisticated marketing and retail environment. In North America, beer has been losing share as spirits have benefited from more extensive…

    • 2769 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Global Marketing

    • 3803 Words
    • 16 Pages

    International marketing is a tool used to focus on improvement of one's present position and retain the basic marketing tenets of "value" and "exchange".…

    • 3803 Words
    • 16 Pages
    Satisfactory Essays
  • Best Essays

    Lipitor Product Launch

    • 3553 Words
    • 15 Pages

    Cateora, P., & Graham, J. (2007). International Marketing (13th ed.). New York, NY: McGraw Hill Companies Inc.…

    • 3553 Words
    • 15 Pages
    Best Essays
  • Best Essays

    Aaff

    • 1274 Words
    • 6 Pages

    This module is designed to help you develop an appreciation of the special requirements for successfully conducting international marketing activities. Specially, the model intends to help you:…

    • 1274 Words
    • 6 Pages
    Best Essays
  • Better Essays

    Disney in Tokyo and Paris

    • 1231 Words
    • 5 Pages

    Cateora, P.R., & Graham, J.L. (2006). International Marketing (13th ed.). New York, NY: The McGraw-Hill Companies, Inc.…

    • 1231 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    International retailing

    • 3882 Words
    • 16 Pages

    The acknowledgements given to Dr. Vincent Kong as he is the one, who has given lot of guidance, tutor and advise on the topic “International Marketing. Also not forgotten all the classmate support and guidance towards this assignment.…

    • 3882 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    hofstede

    • 2264 Words
    • 10 Pages

    INTERNATIONAL MANAGEMENT Module Information & Tutorial Guide DR PATRICIA OPOKU-WUSU (Lecturer) Email: popo@learning.icrgu.navitas.com MODULE INFORMATION Business is increasingly international in its supply chains, routine transactions, and strategic focus. The workforce in both large and small firms reflects the diversity of the world’s peoples. Within this environment, management careers are increasingly pursued internationally.…

    • 2264 Words
    • 10 Pages
    Satisfactory Essays
  • Good Essays

    Wello Case Study

    • 869 Words
    • 4 Pages

    International marketing can be defined as, “Identifying needs and wants of customers in different markets and cultures, providing products and technologies and ideas to give the firm a competitive advantage, communicating information about these products and distributing and exchanging them internationally through one or a combination of foreign market entry nodes”, Bradley, (2005)…

    • 869 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Global Marketing Notes

    • 9967 Words
    • 40 Pages

    The discipline of marketing is universal. It is natural, however, that marketing practices will vary from country to country, for the simple reason that the countries and peoples of the world are different. A successful marketing approach in one country may not necessarily succeed in another.…

    • 9967 Words
    • 40 Pages
    Powerful Essays

Related Topics