SlideShare a Scribd company logo
Global
Marketing
AMA’s Definition :
Conception
Pricing
Promotion
Distribution of Ideas,
goods and Services
Marketing
Planning
and
Executing
To create exchanges
that satisfy individual
and organizational
Objectives
 The coordinated performance of marketing activities to
create exchanges across countries that satisfy individual,
organizational , and societal objectives
 Global marketing is conducted across countries (not
domestic or foreign)
 Global marketing coordinates activities across different
country markets
 Global marketing should be motivated by individual,
organizational and societal goals
Global Marketing
Core Business Strategy
Country
A
Country
B
Country
C
Country
D
Develop Core
Business Strategy
Internationalize
the Strategy
Globalize
the Strategy
Global Marketing Evolution
What is Internationalization ?
• As the process of increasing involvement in
international operations.
Why consider going international ?
• To increase overall customer base.
• To offset seasonal fluctuations in local markets
• To minimize risk of losing market share to clients who
themselves use internet to find goods / services in
overseas markets
• To offset increasing costs of doing business at home
• To gain prestige with customers at home .
Advantage
• Spreading business risk
• Opportunity to exploit an existing
competitive edge in new markets
• Expansion of brand awareness to
new audiences
• Increased revenue generation
• Possibility of accessing new
technologies / information
• Business can be conducted via the
internet thus shortening the
communication channels between
customers and markets
Disadvantage
• cultural and language
barriers
• exchange rate fluctuations
• religious beliefs
• government regulations /
policy on profit repatriation
• political instability
• economic downturn.
Major International Marketing Decisions
RE-INTERNATIONALIZATION
 Why Internationalization fail.
 What is Re-Internationalization.
- Network relation
- Unique resource and capability
- Change in management global.
 Three main set which driven the
Re-Internationalization.
Strategy to enter into International Market.
• Export
• Involves using domestic plants as a production base for exporting to
foreign markets.
• Licensing
• Has valuable technical know-how or a patented product but does not have
international capabilities or resources to enter foreign markets
• Franchise
• Often is better suited to global expansion efforts of service and retailing
enterprise by establishing franchise in particular country.
• Strategic alliance
• Through strategic alliance you can enter into international market.
• Global strategy
• Pursue basic strategy world wide.
• Sell the same products under the same brand
• Production plants located local efficiencies
• Best suppliers from anywhere
• Coordinated marketing and distribution worldwide
• Multi country strategy
• Production plants in each country
– Producing products for that country
– Using local suppliers where possible
to enter International
market
 While choosing new markets, MNCs
need to consider several factors:
1)
2)
• Political/regulatory environment.
Tariff barriers - taxes on imports paid
to customs officials - include
Nontariff barriers
• Financial/economic environment.
Exchange rate - price of one currency in relation to
another
Fiscal policies
Monetary policy
• Socio cultural issues and technological infrastructure.
Understanding the local culture is the most profitable way
of marketing product and services.
• Competitive considerations.
• Local infrastructure such as
transportation & logistics network.
• Availability of mass media for
advertising is important.
What
is
Channel Management ?
 CHANNEL MANAGEMENT involves
the strategy; development and
alignment of channels or customer
inter faces, across your marketing,
sales and services.
 It is term that business or supplier of
products uses various marketing
techniques and sales strategy to reach
the widest possible customer base.
It creates the formulized programs for selling
servicing the customers within specific channels
can really impact your business. Customized a
channel management program which includes-
 Goals
 Policies
 Products
 Sales and marketing programs
 No longer can a business rely simply on
good Customer relations or word of mouth
to maintain or improve revenue.
 Possibilities for marketing a product or
service grow seemingly each day, and
keeping track of all of these disparate
marketing avenues is not an easy chore.
 That is why the concept
of channel management has become so
prevalent in marketing.
- Restaurant marketing
- Business start up tips
 Optimal channel management drives growth and profit- This
program addresses the needs of consumer goods and services
companies selling through wholesalers and retailers;
 Business-to-business firms working through independent
distributors and sales representative firms;
 Retailers seeking to improve efficiency in an increasingly
competitive marketplace; and
 Intermediaries seeking to preserve their role in an increasingly
fluid channel structure.
 Reduce cost
 Improve customer relations
 Increase revenue
 Building the high performing
sales force
Implementing Global Marketing



Localizing Global Marketing





Global marketing - Unitedworld School of Business

More Related Content

What's hot

The Ansoff Matrix Strategic planning
The Ansoff Matrix    Strategic planningThe Ansoff Matrix    Strategic planning
The Ansoff Matrix Strategic planningMAX GALARZA HERNANDEZ
 
Global marketing mix
Global marketing mixGlobal marketing mix
Global marketing mixMahfuz Shakil
 
Marketing Plan for Text Books
Marketing Plan for Text BooksMarketing Plan for Text Books
Marketing Plan for Text BooksCharith De Silva
 
Global marketing
Global marketingGlobal marketing
Global marketingAsem Khan
 
Marketing Strategy - ICL
Marketing Strategy - ICLMarketing Strategy - ICL
Marketing Strategy - ICLNadeem Aslam
 
Retail marketing plan powerpoint
Retail marketing plan powerpointRetail marketing plan powerpoint
Retail marketing plan powerpointJoshua Carter
 
Business growth model
Business growth modelBusiness growth model
Business growth modelVicki George
 
Formulating Marketing Strategy in Advanced Marketing
Formulating Marketing Strategy in Advanced MarketingFormulating Marketing Strategy in Advanced Marketing
Formulating Marketing Strategy in Advanced MarketingNikhil Gupta
 
Marketing strategy-topik 2-bussiness strategy
Marketing strategy-topik 2-bussiness strategyMarketing strategy-topik 2-bussiness strategy
Marketing strategy-topik 2-bussiness strategytellstptrisakti
 
Establishing and Maintaining a Retail Image
Establishing and Maintaining a Retail ImageEstablishing and Maintaining a Retail Image
Establishing and Maintaining a Retail ImageSuyog Somani
 
AJC 2011 Presentation - Building a Successful Marketing Strategy and Budget
AJC 2011 Presentation - Building a Successful Marketing Strategy and BudgetAJC 2011 Presentation - Building a Successful Marketing Strategy and Budget
AJC 2011 Presentation - Building a Successful Marketing Strategy and Budgetnkristy
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plantogtox
 
Product life cycle
Product life cycleProduct life cycle
Product life cyclekanika garg
 
Marketing strategy & marketing budget
Marketing strategy & marketing budgetMarketing strategy & marketing budget
Marketing strategy & marketing budgetEstibaliz (Esti) Ayo
 
Differentiating SMEs Strategies for Success
Differentiating SMEs Strategies for SuccessDifferentiating SMEs Strategies for Success
Differentiating SMEs Strategies for SuccessAta Ur Rehman Azizi
 

What's hot (20)

The Ansoff Matrix Strategic planning
The Ansoff Matrix    Strategic planningThe Ansoff Matrix    Strategic planning
The Ansoff Matrix Strategic planning
 
Global marketing mix
Global marketing mixGlobal marketing mix
Global marketing mix
 
Marketing Plan for Text Books
Marketing Plan for Text BooksMarketing Plan for Text Books
Marketing Plan for Text Books
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
Marketing Strategy - ICL
Marketing Strategy - ICLMarketing Strategy - ICL
Marketing Strategy - ICL
 
Developing merchandising plan
Developing merchandising  planDeveloping merchandising  plan
Developing merchandising plan
 
Retail marketing plan powerpoint
Retail marketing plan powerpointRetail marketing plan powerpoint
Retail marketing plan powerpoint
 
Business growth model
Business growth modelBusiness growth model
Business growth model
 
Formulating Marketing Strategy in Advanced Marketing
Formulating Marketing Strategy in Advanced MarketingFormulating Marketing Strategy in Advanced Marketing
Formulating Marketing Strategy in Advanced Marketing
 
Marketing strategy-topik 2-bussiness strategy
Marketing strategy-topik 2-bussiness strategyMarketing strategy-topik 2-bussiness strategy
Marketing strategy-topik 2-bussiness strategy
 
Retail Strategy
Retail Strategy Retail Strategy
Retail Strategy
 
Marketing margin
Marketing marginMarketing margin
Marketing margin
 
Establishing and Maintaining a Retail Image
Establishing and Maintaining a Retail ImageEstablishing and Maintaining a Retail Image
Establishing and Maintaining a Retail Image
 
AJC 2011 Presentation - Building a Successful Marketing Strategy and Budget
AJC 2011 Presentation - Building a Successful Marketing Strategy and BudgetAJC 2011 Presentation - Building a Successful Marketing Strategy and Budget
AJC 2011 Presentation - Building a Successful Marketing Strategy and Budget
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
 
Product life cycle
Product life cycleProduct life cycle
Product life cycle
 
Marketing plan
Marketing planMarketing plan
Marketing plan
 
Marketing strategy & marketing budget
Marketing strategy & marketing budgetMarketing strategy & marketing budget
Marketing strategy & marketing budget
 
Export Strategy Workshop - IE Singapore
Export Strategy Workshop - IE SingaporeExport Strategy Workshop - IE Singapore
Export Strategy Workshop - IE Singapore
 
Differentiating SMEs Strategies for Success
Differentiating SMEs Strategies for SuccessDifferentiating SMEs Strategies for Success
Differentiating SMEs Strategies for Success
 

Similar to Global marketing - Unitedworld School of Business

globalmarketing-140506063852-phpapp01 (1) (1).pptx
globalmarketing-140506063852-phpapp01 (1) (1).pptxglobalmarketing-140506063852-phpapp01 (1) (1).pptx
globalmarketing-140506063852-phpapp01 (1) (1).pptxrammanoharjharupnaga
 
International trade
International tradeInternational trade
International tradeAnkit Sha
 
Concepts of Global Marketing
Concepts of Global MarketingConcepts of Global Marketing
Concepts of Global Marketingvip1233
 
Chapter14 managing-brands-over-geographic-boundaries-and-market-segment
Chapter14 managing-brands-over-geographic-boundaries-and-market-segmentChapter14 managing-brands-over-geographic-boundaries-and-market-segment
Chapter14 managing-brands-over-geographic-boundaries-and-market-segmentSajid Ali
 
International Marketing - Chapter 5.pptx
International Marketing - Chapter 5.pptxInternational Marketing - Chapter 5.pptx
International Marketing - Chapter 5.pptxJebsKwan
 
International marketing
International marketingInternational marketing
International marketingKomal Vasoya
 
Marketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORDMarketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORDVaibhavi Dalvi
 
Planning, market intelligence and segmentation and positioning
Planning, market intelligence and segmentation and positioningPlanning, market intelligence and segmentation and positioning
Planning, market intelligence and segmentation and positioningluispachon
 
Unit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketingUnit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketingAshish Awasthi
 
Ch-12.pptx
Ch-12.pptxCh-12.pptx
Ch-12.pptxShIbrar1
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing PlanMal Mai
 
Global aspects of marketing - Unitedworld School of Business
Global aspects of marketing - Unitedworld School of BusinessGlobal aspects of marketing - Unitedworld School of Business
Global aspects of marketing - Unitedworld School of BusinessArnab Roy Chowdhury
 
1.def of im
1.def of im1.def of im
1.def of imgr8ajay
 

Similar to Global marketing - Unitedworld School of Business (20)

Global marketing
Global marketingGlobal marketing
Global marketing
 
Global marketing
Global marketingGlobal marketing
Global marketing
 
globalmarketing-140506063852-phpapp01 (1) (1).pptx
globalmarketing-140506063852-phpapp01 (1) (1).pptxglobalmarketing-140506063852-phpapp01 (1) (1).pptx
globalmarketing-140506063852-phpapp01 (1) (1).pptx
 
International trade
International tradeInternational trade
International trade
 
Global aspects of marketing
Global aspects of marketing Global aspects of marketing
Global aspects of marketing
 
Concepts of Global Marketing
Concepts of Global MarketingConcepts of Global Marketing
Concepts of Global Marketing
 
Global marketing mix
Global marketing mixGlobal marketing mix
Global marketing mix
 
Chapter14 managing-brands-over-geographic-boundaries-and-market-segment
Chapter14 managing-brands-over-geographic-boundaries-and-market-segmentChapter14 managing-brands-over-geographic-boundaries-and-market-segment
Chapter14 managing-brands-over-geographic-boundaries-and-market-segment
 
International Marketing - Chapter 5.pptx
International Marketing - Chapter 5.pptxInternational Marketing - Chapter 5.pptx
International Marketing - Chapter 5.pptx
 
International marketing
International marketingInternational marketing
International marketing
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
Marketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORDMarketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORD
 
Planning, market intelligence and segmentation and positioning
Planning, market intelligence and segmentation and positioningPlanning, market intelligence and segmentation and positioning
Planning, market intelligence and segmentation and positioning
 
Unit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketingUnit 8 part_2_recent_trends_in_marketing
Unit 8 part_2_recent_trends_in_marketing
 
Ch-12.pptx
Ch-12.pptxCh-12.pptx
Ch-12.pptx
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
 
Global aspects of marketing - Unitedworld School of Business
Global aspects of marketing - Unitedworld School of BusinessGlobal aspects of marketing - Unitedworld School of Business
Global aspects of marketing - Unitedworld School of Business
 
1.def of im
1.def of im1.def of im
1.def of im
 
L1 Intro.ppt
L1 Intro.pptL1 Intro.ppt
L1 Intro.ppt
 
Planning for Marketing
Planning for MarketingPlanning for Marketing
Planning for Marketing
 

More from Arnab Roy Chowdhury

Working of barcode reader Ppt - Unitedworld School of Business
Working of barcode reader Ppt - Unitedworld School of BusinessWorking of barcode reader Ppt - Unitedworld School of Business
Working of barcode reader Ppt - Unitedworld School of BusinessArnab Roy Chowdhury
 
Unnati - Unitedworld School of Business
Unnati - Unitedworld School of BusinessUnnati - Unitedworld School of Business
Unnati - Unitedworld School of BusinessArnab Roy Chowdhury
 
Classification and Characteristics of All Banks - Unitedworld School of Busi...
Classification and Characteristics of All Banks  - Unitedworld School of Busi...Classification and Characteristics of All Banks  - Unitedworld School of Busi...
Classification and Characteristics of All Banks - Unitedworld School of Busi...Arnab Roy Chowdhury
 
Training and developement - Unitedworld School of Business
Training and developement - Unitedworld School of BusinessTraining and developement - Unitedworld School of Business
Training and developement - Unitedworld School of BusinessArnab Roy Chowdhury
 
The organizational structure, managers and activities Ppt - Unitedworld Schoo...
The organizational structure, managers and activities Ppt - Unitedworld Schoo...The organizational structure, managers and activities Ppt - Unitedworld Schoo...
The organizational structure, managers and activities Ppt - Unitedworld Schoo...Arnab Roy Chowdhury
 
The IT - IS and its influence Ppt - Unitedworld School of Business
The IT - IS and its influence Ppt - Unitedworld School of BusinessThe IT - IS and its influence Ppt - Unitedworld School of Business
The IT - IS and its influence Ppt - Unitedworld School of BusinessArnab Roy Chowdhury
 
The environment protection act,1986 - Unitedworld School of Business
The  environment protection act,1986 - Unitedworld School of BusinessThe  environment protection act,1986 - Unitedworld School of Business
The environment protection act,1986 - Unitedworld School of BusinessArnab Roy Chowdhury
 
Tean color - Unitedworld School of Business
Tean color - Unitedworld School of BusinessTean color - Unitedworld School of Business
Tean color - Unitedworld School of BusinessArnab Roy Chowdhury
 
Target market - Unitedworld School of Business
Target market - Unitedworld School of BusinessTarget market - Unitedworld School of Business
Target market - Unitedworld School of BusinessArnab Roy Chowdhury
 
Service marketing - Unitedworld School of Business
Service marketing - Unitedworld School of BusinessService marketing - Unitedworld School of Business
Service marketing - Unitedworld School of BusinessArnab Roy Chowdhury
 
Selection Process in HR - Unitedworld School of Business
Selection Process in HR - Unitedworld School of BusinessSelection Process in HR - Unitedworld School of Business
Selection Process in HR - Unitedworld School of BusinessArnab Roy Chowdhury
 
Sales of goods act - Unitedworld School of Business
Sales of goods act - Unitedworld School of BusinessSales of goods act - Unitedworld School of Business
Sales of goods act - Unitedworld School of BusinessArnab Roy Chowdhury
 
Sales force automation - Unitedworld School of Business
Sales force automation - Unitedworld School of BusinessSales force automation - Unitedworld School of Business
Sales force automation - Unitedworld School of BusinessArnab Roy Chowdhury
 
Sage advance case - Unitedworld School of Business
Sage advance case - Unitedworld School of BusinessSage advance case - Unitedworld School of Business
Sage advance case - Unitedworld School of BusinessArnab Roy Chowdhury
 
Recruitment - Unitedworld School of Business
Recruitment - Unitedworld School of BusinessRecruitment - Unitedworld School of Business
Recruitment - Unitedworld School of BusinessArnab Roy Chowdhury
 
R.m case study - Unitedworld School of Business
R.m case study - Unitedworld School of BusinessR.m case study - Unitedworld School of Business
R.m case study - Unitedworld School of BusinessArnab Roy Chowdhury
 
Personal values - Unitedworld School of Business
Personal values - Unitedworld School of BusinessPersonal values - Unitedworld School of Business
Personal values - Unitedworld School of BusinessArnab Roy Chowdhury
 
Personal selling & sales management - Unitedworld School of Business
Personal selling & sales management - Unitedworld School of BusinessPersonal selling & sales management - Unitedworld School of Business
Personal selling & sales management - Unitedworld School of BusinessArnab Roy Chowdhury
 
Normal distribution - Unitedworld School of Business
Normal distribution - Unitedworld School of BusinessNormal distribution - Unitedworld School of Business
Normal distribution - Unitedworld School of BusinessArnab Roy Chowdhury
 
New media literacy - Unitedworld School of Business
New media literacy - Unitedworld School of BusinessNew media literacy - Unitedworld School of Business
New media literacy - Unitedworld School of BusinessArnab Roy Chowdhury
 

More from Arnab Roy Chowdhury (20)

Working of barcode reader Ppt - Unitedworld School of Business
Working of barcode reader Ppt - Unitedworld School of BusinessWorking of barcode reader Ppt - Unitedworld School of Business
Working of barcode reader Ppt - Unitedworld School of Business
 
Unnati - Unitedworld School of Business
Unnati - Unitedworld School of BusinessUnnati - Unitedworld School of Business
Unnati - Unitedworld School of Business
 
Classification and Characteristics of All Banks - Unitedworld School of Busi...
Classification and Characteristics of All Banks  - Unitedworld School of Busi...Classification and Characteristics of All Banks  - Unitedworld School of Busi...
Classification and Characteristics of All Banks - Unitedworld School of Busi...
 
Training and developement - Unitedworld School of Business
Training and developement - Unitedworld School of BusinessTraining and developement - Unitedworld School of Business
Training and developement - Unitedworld School of Business
 
The organizational structure, managers and activities Ppt - Unitedworld Schoo...
The organizational structure, managers and activities Ppt - Unitedworld Schoo...The organizational structure, managers and activities Ppt - Unitedworld Schoo...
The organizational structure, managers and activities Ppt - Unitedworld Schoo...
 
The IT - IS and its influence Ppt - Unitedworld School of Business
The IT - IS and its influence Ppt - Unitedworld School of BusinessThe IT - IS and its influence Ppt - Unitedworld School of Business
The IT - IS and its influence Ppt - Unitedworld School of Business
 
The environment protection act,1986 - Unitedworld School of Business
The  environment protection act,1986 - Unitedworld School of BusinessThe  environment protection act,1986 - Unitedworld School of Business
The environment protection act,1986 - Unitedworld School of Business
 
Tean color - Unitedworld School of Business
Tean color - Unitedworld School of BusinessTean color - Unitedworld School of Business
Tean color - Unitedworld School of Business
 
Target market - Unitedworld School of Business
Target market - Unitedworld School of BusinessTarget market - Unitedworld School of Business
Target market - Unitedworld School of Business
 
Service marketing - Unitedworld School of Business
Service marketing - Unitedworld School of BusinessService marketing - Unitedworld School of Business
Service marketing - Unitedworld School of Business
 
Selection Process in HR - Unitedworld School of Business
Selection Process in HR - Unitedworld School of BusinessSelection Process in HR - Unitedworld School of Business
Selection Process in HR - Unitedworld School of Business
 
Sales of goods act - Unitedworld School of Business
Sales of goods act - Unitedworld School of BusinessSales of goods act - Unitedworld School of Business
Sales of goods act - Unitedworld School of Business
 
Sales force automation - Unitedworld School of Business
Sales force automation - Unitedworld School of BusinessSales force automation - Unitedworld School of Business
Sales force automation - Unitedworld School of Business
 
Sage advance case - Unitedworld School of Business
Sage advance case - Unitedworld School of BusinessSage advance case - Unitedworld School of Business
Sage advance case - Unitedworld School of Business
 
Recruitment - Unitedworld School of Business
Recruitment - Unitedworld School of BusinessRecruitment - Unitedworld School of Business
Recruitment - Unitedworld School of Business
 
R.m case study - Unitedworld School of Business
R.m case study - Unitedworld School of BusinessR.m case study - Unitedworld School of Business
R.m case study - Unitedworld School of Business
 
Personal values - Unitedworld School of Business
Personal values - Unitedworld School of BusinessPersonal values - Unitedworld School of Business
Personal values - Unitedworld School of Business
 
Personal selling & sales management - Unitedworld School of Business
Personal selling & sales management - Unitedworld School of BusinessPersonal selling & sales management - Unitedworld School of Business
Personal selling & sales management - Unitedworld School of Business
 
Normal distribution - Unitedworld School of Business
Normal distribution - Unitedworld School of BusinessNormal distribution - Unitedworld School of Business
Normal distribution - Unitedworld School of Business
 
New media literacy - Unitedworld School of Business
New media literacy - Unitedworld School of BusinessNew media literacy - Unitedworld School of Business
New media literacy - Unitedworld School of Business
 

Recently uploaded

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaasiemaillard
 
The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...sanghavirahi2
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxjmorse8
 
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringBasic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringDenish Jangid
 
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxJose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxricssacare
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resourcesaileywriter
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPCeline George
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryEugene Lysak
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345beazzy04
 
How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17Celine George
 
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...Sayali Powar
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXMIRIAMSALINAS13
 
How to Split Bills in the Odoo 17 POS Module
How to Split Bills in the Odoo 17 POS ModuleHow to Split Bills in the Odoo 17 POS Module
How to Split Bills in the Odoo 17 POS ModuleCeline George
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya - UEM Kolkata Quiz Club
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfjoachimlavalley1
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxJenilouCasareno
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resourcesdimpy50
 
Keeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesKeeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesTechSoup
 

Recently uploaded (20)

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
 
The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...The impact of social media on mental health and well-being has been a topic o...
The impact of social media on mental health and well-being has been a topic o...
 
Morse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptxMorse OER Some Benefits and Challenges.pptx
Morse OER Some Benefits and Challenges.pptx
 
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & EngineeringBasic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
Basic Civil Engg Notes_Chapter-6_Environment Pollution & Engineering
 
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptxJose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
Jose-Rizal-and-Philippine-Nationalism-National-Symbol-2.pptx
 
The Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational ResourcesThe Benefits and Challenges of Open Educational Resources
The Benefits and Challenges of Open Educational Resources
 
NCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdfNCERT Solutions Power Sharing Class 10 Notes pdf
NCERT Solutions Power Sharing Class 10 Notes pdf
 
How to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERPHow to Create Map Views in the Odoo 17 ERP
How to Create Map Views in the Odoo 17 ERP
 
The Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. HenryThe Last Leaf, a short story by O. Henry
The Last Leaf, a short story by O. Henry
 
Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345Sha'Carri Richardson Presentation 202345
Sha'Carri Richardson Presentation 202345
 
How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17How to the fix Attribute Error in odoo 17
How to the fix Attribute Error in odoo 17
 
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
UNIT – IV_PCI Complaints: Complaints and evaluation of complaints, Handling o...
 
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXXPhrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
Phrasal Verbs.XXXXXXXXXXXXXXXXXXXXXXXXXX
 
How to Split Bills in the Odoo 17 POS Module
How to Split Bills in the Odoo 17 POS ModuleHow to Split Bills in the Odoo 17 POS Module
How to Split Bills in the Odoo 17 POS Module
 
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
Operations Management - Book1.p  - Dr. Abdulfatah A. SalemOperations Management - Book1.p  - Dr. Abdulfatah A. Salem
Operations Management - Book1.p - Dr. Abdulfatah A. Salem
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
 
Additional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdfAdditional Benefits for Employee Website.pdf
Additional Benefits for Employee Website.pdf
 
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptxMatatag-Curriculum and the 21st Century Skills Presentation.pptx
Matatag-Curriculum and the 21st Century Skills Presentation.pptx
 
Benefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational ResourcesBenefits and Challenges of Using Open Educational Resources
Benefits and Challenges of Using Open Educational Resources
 
Keeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security ServicesKeeping Your Information Safe with Centralized Security Services
Keeping Your Information Safe with Centralized Security Services
 

Global marketing - Unitedworld School of Business

  • 2.
  • 3. AMA’s Definition : Conception Pricing Promotion Distribution of Ideas, goods and Services Marketing Planning and Executing To create exchanges that satisfy individual and organizational Objectives
  • 4.  The coordinated performance of marketing activities to create exchanges across countries that satisfy individual, organizational , and societal objectives  Global marketing is conducted across countries (not domestic or foreign)  Global marketing coordinates activities across different country markets  Global marketing should be motivated by individual, organizational and societal goals Global Marketing
  • 5. Core Business Strategy Country A Country B Country C Country D Develop Core Business Strategy Internationalize the Strategy Globalize the Strategy Global Marketing Evolution
  • 6. What is Internationalization ? • As the process of increasing involvement in international operations. Why consider going international ? • To increase overall customer base. • To offset seasonal fluctuations in local markets • To minimize risk of losing market share to clients who themselves use internet to find goods / services in overseas markets • To offset increasing costs of doing business at home • To gain prestige with customers at home .
  • 7. Advantage • Spreading business risk • Opportunity to exploit an existing competitive edge in new markets • Expansion of brand awareness to new audiences • Increased revenue generation • Possibility of accessing new technologies / information • Business can be conducted via the internet thus shortening the communication channels between customers and markets Disadvantage • cultural and language barriers • exchange rate fluctuations • religious beliefs • government regulations / policy on profit repatriation • political instability • economic downturn.
  • 9. RE-INTERNATIONALIZATION  Why Internationalization fail.  What is Re-Internationalization. - Network relation - Unique resource and capability - Change in management global.  Three main set which driven the Re-Internationalization.
  • 10. Strategy to enter into International Market. • Export • Involves using domestic plants as a production base for exporting to foreign markets. • Licensing • Has valuable technical know-how or a patented product but does not have international capabilities or resources to enter foreign markets • Franchise • Often is better suited to global expansion efforts of service and retailing enterprise by establishing franchise in particular country.
  • 11. • Strategic alliance • Through strategic alliance you can enter into international market. • Global strategy • Pursue basic strategy world wide. • Sell the same products under the same brand • Production plants located local efficiencies • Best suppliers from anywhere • Coordinated marketing and distribution worldwide • Multi country strategy • Production plants in each country – Producing products for that country – Using local suppliers where possible
  • 12. to enter International market  While choosing new markets, MNCs need to consider several factors: 1) 2)
  • 13. • Political/regulatory environment. Tariff barriers - taxes on imports paid to customs officials - include Nontariff barriers • Financial/economic environment. Exchange rate - price of one currency in relation to another Fiscal policies Monetary policy • Socio cultural issues and technological infrastructure. Understanding the local culture is the most profitable way of marketing product and services.
  • 14. • Competitive considerations. • Local infrastructure such as transportation & logistics network. • Availability of mass media for advertising is important.
  • 16.  CHANNEL MANAGEMENT involves the strategy; development and alignment of channels or customer inter faces, across your marketing, sales and services.  It is term that business or supplier of products uses various marketing techniques and sales strategy to reach the widest possible customer base.
  • 17. It creates the formulized programs for selling servicing the customers within specific channels can really impact your business. Customized a channel management program which includes-  Goals  Policies  Products  Sales and marketing programs
  • 18.  No longer can a business rely simply on good Customer relations or word of mouth to maintain or improve revenue.  Possibilities for marketing a product or service grow seemingly each day, and keeping track of all of these disparate marketing avenues is not an easy chore.  That is why the concept of channel management has become so prevalent in marketing. - Restaurant marketing - Business start up tips
  • 19.  Optimal channel management drives growth and profit- This program addresses the needs of consumer goods and services companies selling through wholesalers and retailers;  Business-to-business firms working through independent distributors and sales representative firms;  Retailers seeking to improve efficiency in an increasingly competitive marketplace; and  Intermediaries seeking to preserve their role in an increasingly fluid channel structure.
  • 20.  Reduce cost  Improve customer relations  Increase revenue  Building the high performing sales force