Wednesday, March 27, 2019
International and Strategic Marketing Essay -- Business Marketing
International and Strategic Marketing The globalisation of business grocerys from domestic to international has generated a unique competitive receipts for all the organizations whose convergences and services are being welcomed by the customers all round the serviceman containing mass marketing efforts. In this regard, marketing research in the international environment is having different methodology and complications with respect to geographical boundaries of a specific country in which penetration and development of a product is required. Therefore, an international market planning with strategic aligned destination, for development in the global world should be the objective of marketers to captivate international market leadership. Introduction The gravity of globalization in todays modern font era in the business world is increasing enormously receivable to faster means of communication, transportation, technology, and rapid financial streams. The product that is being produced in a specific region does not have limitations of boundaries. A Russian student can be wearing Italian T-shirt, driving in a German car going to meet his friend in a Chinese restaurant. This example is not astonishing because it is a general practice and nowadays everybody can illustrate the true meaning of world global market place. Hence, marketers are required to analyze this gravity of globalization and have to consider international marketing in their strategic goal of marketing plan. Marketing is the well known concept of anticipating customer need or demand then analyzing how marketers are going to fulfill that demand or need and finally satisfying customer need or demand. If the customer is really satisfied by gauging th... ...Works CitedCateora Ph., and Graham, J.,(2002), International Marketing, fourteenth edition, (n.d) McGraw Hill.Davis, S.M., (1987), Future Perfect, New York, (n.d) Addison-Wesley.Hamel, G. and Prahalad , C.K, (1996), Competing for the Future, (n.d) Harvard Business School PressKotler, Philip and Armstrong, Gray, (2008), Principles of Marketing, 12th edition, India apprentice HallKumar, V. (2000), International Marketing Research, N.J Prentice HallPayne, Results of Poor cultural Awareness, (n.d) retrieved August 4, 2010 fromWind,Yoram, Douglas,Susan P. and Perlmutter, Howard V. (Apr., 1973), Guidelines for Developing International Marketing Strategies, The Journal of Marketing, Vol. 37, No. 2, pp. 14-23 , Retrieved 4 August,2010, from
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