Why International marketers fail 2013


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(almost) All the reasons why you fail in your International Marketing.

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Why International marketers fail 2013

  1. 1. by Lev Mikulitski The essence of International Marketing series. Most common mistakes in International Marketing or… Why International marketers fail.
  2. 2. So, you’re trying to expand your company globally.
  3. 3. And despite everything you do… the business is not moving into the right direction.
  4. 4. It’s the right time to re-examine all your activities, perhaps you’re making all this terrible mistakes.
  5. 5. Mistakes to avoid in International marketing.
  6. 6. 1 You don’t really care about your “partners”. You are “pushing sales” instead of building long term value partnership.
  7. 7. It’s a WIN WIN WIN GAME or loss ! Think about how your partners will benefit from you selling them.
  8. 8. 2 Unqualified man responsible for building your company’s brand. Not all “good man” can handle an international business development. It requires more. Much more.
  9. 9. Management is everything! You should put your best man to handle it and you should measure your every move.
  10. 10. 3 Total disconnection and ignorance. You don’t really know what is going on out there.
  11. 11. Collect data as much as you can. You can’t go there without sufficient market research.
  12. 12. 4 You’re saying that you want to conquer the world. But this is just talking, talking and talking. ZERO doing.
  13. 13. Make sure your ambition match your efforts. If you declare that you want to go globally, you’ll have to behave as one.
  14. 14. 5 You assume you’re a world star, just like in your home market. Nobody really know who you are or why they should have you at home.
  15. 15. Your no#1 challenge should be building brand awareness. Don’t expect that everybody knows who you are and what you’re good at. Most of the time they will not!
  16. 16. 6 You use the same product/market “strategy” every way you go. You recycle ideas instead of thinking about new ones.
  17. 17. One size does not fit all! Don’t copy paste the same penetration/product strategy every place you go. Different places = different game rules.
  18. 18. 7 To many middlemen involved in selling your products. What makes it most of the time not attractive in terms of the final price to consumer.
  19. 19. Seek the shortest and efficient path to the consumer! It will enable the most attractive pricing strategy.
  20. 20. 8 You expect your channel partners will pay for building your brand. From your point of view, marketing is a bad word.
  21. 21. It is your baby. If you’re not willing to invest in it, no one will do it for you. If you’ll put your costs on your channel partners, they simply stop be your ones.
  22. 22. 9 You truly believe you know everything. And you’re not willing to learn from your competitors or other markets.
  23. 23. Learn from your competitors and from other markets all the time. The world is changing all the time, embrace the change.
  24. 24. 10 And one last thing: International marketing is NOT ABOUT SELLING like a trader on a Turkish Bazaar…
  25. 25. BUT creating sustainable consumer demand through effective brand building activities.
  26. 26. by Lev Mikulitski The essence of International Marketing series. Most common mistakes in International Marketing or… Why International marketers fail.