Preview

Difference Between Domestic and International Marketing

Satisfactory Essays
Open Document
Open Document
328 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Difference Between Domestic and International Marketing
Difference between international marketing and domestic marketing

First, International marketing is facing a more complex market environment . Domestic marketing is conducted in this country and so faced corresponding structure of the market environment is relatively simple ,which consists of those factors that are more familiar to companies -- the domestic political, economic, legal, cultural and so on. However, International marketing is facing a more complex environment, it's a market with multi-level structure. This is because those companies who engage in international marketing , will inevitably be subjected to the world market environment. Which requires companies to face the world market environment, including the world's political, military, economic, technological and other aspects.

Second, International marketing is facing more Uncertainties factors The contradiction between subjective understanding and objective reality, coupled with the volatility of the objective process, international marketing facd more uncertainties factors for the companies .Compared with domestic marketing, it's more difficult to make sure the total demand, purchasers and competitors and more difficult to investigate and predict wholesale segment, retail structure, buying habits in international marketing.

Third, International marketing is facing more diverse selection of marketing programs Companies in the domestic market, although also need to deal with different regions and different programs for different target markets, different strategies, and even the use of different promotions, but the overall program is the same however. the international market is a market composed of different countries .Enterprises in the international marketing, its marketing programs are of diversity, Enterprises in different country markets to sell their products, not unified marketing program, and must host country market, different scenarios were developed.

Four, Marketing in

You May Also Find These Documents Helpful

  • 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

    Marketing and Easy Ref

    • 1005 Words
    • 5 Pages

    When practicing international marketing, a company becomes more involved in local marketing environments than it does in export marketing.…

    • 1005 Words
    • 5 Pages
    Satisfactory 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

    Global Marketing

    • 5696 Words
    • 19 Pages

    Cateora, Philip R., Mary C. Gilly, and John L. Graham. (2009) International marketing. 14th ed. New York: McGraw-Hill Irwin…

    • 5696 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Globalization: Marketing

    • 698 Words
    • 3 Pages

    There are at least three factors that help define the global approach to international marketing:…

    • 698 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Introduction

    • 2963 Words
    • 12 Pages

    This course focuses on the analysis of the cultural, legal, political, and economic factors affecting the marketing of goods and services in global markets. Emphasis will be placed on the differences in life styles, beliefs, attitudes, etc., and their influences on the marketing decisions of firms that are involved in international marketing.…

    • 2963 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    Indivial Essay

    • 281 Words
    • 2 Pages

    Individual Essay (50%) The purpose of this assignment is to give you the opportunity to reflect on the theory and practice of international marketing. Based on your experience of operating as an international marketing manager, you are required to reflect on the performance of the team in achieving its aims and objectives in the Country Manager Simulation. Pick one or two key issues you have come across in the simulation, and explain how they manifested themselves during your participation in the Country Manager simulation. Based on your analysis of relevant academic material, critically evaluate your team’s handling of these issues and identify shortcomings (if any) of academic material in guiding international marketing practice . DO NOT GIVE A DESCRIPTIVE ACCOUN T OF WHAT YOUR TEAM DID. One printed copy of your essay should be submitted to the MSc Office by 12 noon on Wednesday March 20th 2013 .A soft copy of your plan should be submitted online via WebCT Vista – receipt for your online submission must be provided when handing in your printed copy. The limit for the main body of the essay is 2000 words (excluding figures, tables, references and appendices). Appendices should be used to provide supporting information, results and analysis. Assessment for the assignment will be based on your understanding of : the theories, principles and practical challenges of international market selection and entry decisions the issues facing marketers in the allocation and customization of marketing resources when operating in different geographic markets. Ability to apply a disciplined approach to the analysis of international marketing problems make selective and critical use of academic material to examine international marketing issues present and communicate information in writing and deliver logical arguments.…

    • 281 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    11. Vrontis, D. Vignali, C. Dana, L.P. and Davies, B. (2000), Principles of International Marketing, McGraw Hill.…

    • 4138 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    International marketing is a concrete field and established on the principle that transactions can be carried out through International marketing much more effectively because of many necessities that are still unsatisfied throughout the world. Hence, this particular field could improve the quality of life of each individual (Cayla and Arnould, 2008).…

    • 1285 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Many transformations appeared in the early years of the new century, played a role for the world trade. The eastern enlargement in the EU following by the Lisbon Treaty, the expansion of the European Market and etc., the changes in the Arabic world, steep growth of the Chinese economy and historical decrease of the US rating, all those events led to an increase on the complexities of international marketing. Hence, as we can see in nowadays, many companies going far beyond exporting and simply become more involved in the local marketing environment within a given country or market. In this case, by penetrating to the new market, either by indirect or direct import and export or by investing, we need to find out how to adjust to an entire new marketing strategy, in order to fit into new market demands.…

    • 2215 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    In no direct foreign marketing stage, the company may not actively involve in international marketing. But yet there are still have possibility of the product to sell in oversea through the distributor or wholesaler without the knowledge of the producer. The next stage is infrequent foreign marketing, where company may involve in the international marketing infrequently depending when there are temporary surplus of the production. Company has no intention to maintain the international demand and only focus in domestic demand. When only there are surplus of product after distributing the domestic market then only the company would sell to oversea market. The next level is regular marketing. In this stage, the company has the intention to do international marketing and has permanent production capacity allocate to international demand. Company may has own sales subsidiaries in the foreign market. However the sales of the company still depend to the domestic market and the sales in foreign market is just a bonus for the company. For example, Proton the Malaysia national carmaker also setting up sales subsidiaries in Europe market and Proton major sales are still come from domestic market and also Proton production plant are only in Malaysia. The final level is international marketing, where company fully involved and committed in the international market. The company not only setting up sales subsidiaries but the production plant in the foreign country. For example Toyota the Japan carmaker not only has production plant in Japan but they also build…

    • 658 Words
    • 3 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
  • 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
  • Good Essays

    Q.1 Name and explain with suitable examples, three reasons why international marketing is more challenging than domestic marketing. [10 Marks]…

    • 728 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Let us, firstly define "Marketing" and then see how, by doing marketing across multinational boundaries, differences, where existing, have to be accounted for.…

    • 1015 Words
    • 5 Pages
    Better Essays

Related Topics