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Developing vs developed markets
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Developing vs developed markets
1.
DIFFERENCES B/W MARKETING
IN Developing Market Developed Market
2.
Developed in terms
of its economy and capital markets Some characteristics of developed markets, but does not meet standards to be that
3.
Huge potential markets Market leaders
from Developed markets rely on developing market for survival
4.
Cover 20% of world’s
population Cover larger customer population base
5.
Strong Local competition Strong Global competitors
6.
Average income of consumer
is high Average income of consumer is low Hence , use of Unconventional Marketing
7.
Regional Economic Integration is
seen Countries form markets individually
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