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MARKETING MANAGEMENT
    PRESENTATION
                                  By
                       Arun K Antony
                          Aswathy G
                         Aathira Devi
                       Sanjeev Kumar
                   Shyam Sreedhar
                        Sabari Nath J
INTERNATIONAL MARKETING
           &
    RURAL MARKETING
WHAT IS INTERNATIONAL BUSINESS ???
•   Wide range of activities involved in conducting business transactions across national
    boundaries


•   Described as being heterogeneous, universal and sequential


•   Comprehensive approach to operations of both large and small firms engaged in business
    abroad


•   Concerns all activities of the firm (selling, procurement, outsourcing…)


•   About seizing global opportunities (market expansion or diversification)
EPRG MODEL
•   Ethnocentric: everything is centered on the domestic market.


•   Polycentric: several important foreign markets exist.


•   Regiocentric: the market is composed of several large economic regions.


•   Geocentric: the world is one large global market.
INTERNATIONAL MARKETING

• - “International marketing is the process of planning and conducting transactions across
    national borders to create exchanges that satisfy the objectives of individuals and
    organizations”
•   - It is a tool used to obtain improvement of the firm’s position in the global market
INTERNATIONAL MARKETING DECISIONS
          Deciding whether to go abroad


          Deciding which markets to enter


         Deciding how to enter the market


        Deciding on the marketing program


       Deciding on the marketing organization
INTERNATIONAL MARKETING CONCEPT



  Export marketing                             Global
                                              marketing



                     Inter-cultural, multi-
                      cultural marketing
INTERNATIONAL MARKETING MIX-PRODUCT
•   Product: a bundle of attributes
•   Hamburger: meat type, taste, texture, size
•   Automobile: power, design, quality, performance, comfort, size/capacity
•   Attributes need to be adapted to a greater or lesser extent to satisfy
•   Consumer preferences/tastes due to culture
•   Economic development levels affect consumer behavior
•   National product/technical standards state mandated
INTERNATIONAL MARKETING MIX- PLACE
•   Optimal channel a company chooses to deliver the product
•   The most locally responsive element of marketing mix because distribution channels vary
    dramatically across countries
•   Retail system: concentrated-fragmented
•   Channel length: long, short
INTERNATIONAL MARKETING MIX-PROMOTION
 Push vs pull strategies

    Push strategy: personal selling emphasis
         • Industrial products; complex new products
         • Short distribution channels
         • Few print or electronic media

    Pull strategy: mass media advertising emphasis
         • Consumer goods
         • Long distribution channels
         • Marketing message may be carried via print / electronic media
INTERNATIONAL MARKETING-PRICE
Price discrimination: demand elasticity
Strategic pricing
    • Predatory (quick share of market focus):
          • lower prices to drive competitors out, then raise prices
    • Multipoint pricing:
          • pricing in one market may have an impact in another market
    •   Experience curve:
          •   use aggressive pricing to build volume and move firm down experience
              curve.
 Regulatory      issues:
          •   Monopoly restriction
RURAL MARKETING
RURAL MARKETING
•   In the India context, the word ‘RURAL’ is so much associated with agriculture and farmers
    that rural marketing tends to be seen as a marketing of inputs or outputs related to
    agriculture.
Urban                        Rural

                        Manufacturing, trade,       Cultivators n few non –
Occupation              commerce, professions.      agricultural pursuits.

                        urbanity & size of          open farms & small
Size of Community       community are +vely         community are –vely
                        co-related                  co-related

Density of Population   Higher                      Lower

                        Social mobility increases   social mobility is less. More
Mobility                with urbanity.              migration from villages to
                                                    town

System of Interaction   Higher                      Lesser
WHY RURAL MARKETING ??
•   Rural markets have become the new targets to corporate enterprises for two reasons :

                       Urban market has become congested
                        with too many competitors.
                      The market have reached a near
                       saturation point.
4P’S OF RURAL MARKETING
•     Product for rural market must be built or modified to suit the lifestyle and needs of the
      rural consumers
Product Strategies
•     New/Modified Product.
•     Utility Oriented Product
•     Avoiding Sophisticated Packaging
•     Application of value Engineering.
•     Small unit packaging
PRICE
•   The villagers due to their limited resources are very price sensitive by nature.
•   Pricing Strategies
•   Large Volume –low merging
•   Overall Efficiency And passing on benefits to consumers.
•   low cost/ value for money product
•   Low volume-low price.
PLACE
Place Strategy
•   Segmentation.
•   Coverage of villages with 2,000 and above population.
•   Distribution up to feeder markets.
•   Direct Contact with rural Retail.
PROMOTION
•   Promotion aspect always creates a challenge in rural markets because of the fact that
    village have thin population density and are widely spread over large remote areas.
"YAARA DA TASHAN...” ADS WITH AAMIR KHAN CREATED
UNIVERSAL APPEAL FOR COCA COLA.
VARIOUS FACTORS WHICH HAVE MADE RULE
MARKETS VIABLE
o Large population
o Raising prosperity
o Growth in consumption
o Life-style changes
o Life-cycle advantages
o Market growth rates higher than urban
o Rural marketing is not expensive
o Remoteness is no longer a problem
EXAMPLES OF RURAL MARKETING
•   Nokia develop affordable Mobile phones for rural markets with unique features such as
    local language capabilities, present time/ call limits etc.
•   Philip develop a TV ‘ Vardaan’ for rural markets. This TV work on the voltage 90-270
    volts.
•   Philips developed ‘ Free Power radio’ this radio do not require power and battery also. it
    run on simple winding of level provided in the set. The price of this attractive set is Rs.
    995.

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International marketing VS Rural Marketing

  • 1. MARKETING MANAGEMENT PRESENTATION By Arun K Antony Aswathy G Aathira Devi Sanjeev Kumar Shyam Sreedhar Sabari Nath J
  • 2. INTERNATIONAL MARKETING & RURAL MARKETING
  • 3. WHAT IS INTERNATIONAL BUSINESS ??? • Wide range of activities involved in conducting business transactions across national boundaries • Described as being heterogeneous, universal and sequential • Comprehensive approach to operations of both large and small firms engaged in business abroad • Concerns all activities of the firm (selling, procurement, outsourcing…) • About seizing global opportunities (market expansion or diversification)
  • 4. EPRG MODEL • Ethnocentric: everything is centered on the domestic market. • Polycentric: several important foreign markets exist. • Regiocentric: the market is composed of several large economic regions. • Geocentric: the world is one large global market.
  • 5. INTERNATIONAL MARKETING • - “International marketing is the process of planning and conducting transactions across national borders to create exchanges that satisfy the objectives of individuals and organizations” • - It is a tool used to obtain improvement of the firm’s position in the global market
  • 6. INTERNATIONAL MARKETING DECISIONS Deciding whether to go abroad Deciding which markets to enter Deciding how to enter the market Deciding on the marketing program Deciding on the marketing organization
  • 7. INTERNATIONAL MARKETING CONCEPT Export marketing Global marketing Inter-cultural, multi- cultural marketing
  • 8. INTERNATIONAL MARKETING MIX-PRODUCT • Product: a bundle of attributes • Hamburger: meat type, taste, texture, size • Automobile: power, design, quality, performance, comfort, size/capacity • Attributes need to be adapted to a greater or lesser extent to satisfy • Consumer preferences/tastes due to culture • Economic development levels affect consumer behavior • National product/technical standards state mandated
  • 9. INTERNATIONAL MARKETING MIX- PLACE • Optimal channel a company chooses to deliver the product • The most locally responsive element of marketing mix because distribution channels vary dramatically across countries • Retail system: concentrated-fragmented • Channel length: long, short
  • 10. INTERNATIONAL MARKETING MIX-PROMOTION  Push vs pull strategies Push strategy: personal selling emphasis • Industrial products; complex new products • Short distribution channels • Few print or electronic media Pull strategy: mass media advertising emphasis • Consumer goods • Long distribution channels • Marketing message may be carried via print / electronic media
  • 11. INTERNATIONAL MARKETING-PRICE Price discrimination: demand elasticity Strategic pricing • Predatory (quick share of market focus): • lower prices to drive competitors out, then raise prices • Multipoint pricing: • pricing in one market may have an impact in another market • Experience curve: • use aggressive pricing to build volume and move firm down experience curve.  Regulatory issues: • Monopoly restriction
  • 13. RURAL MARKETING • In the India context, the word ‘RURAL’ is so much associated with agriculture and farmers that rural marketing tends to be seen as a marketing of inputs or outputs related to agriculture.
  • 14. Urban Rural Manufacturing, trade, Cultivators n few non – Occupation commerce, professions. agricultural pursuits. urbanity & size of open farms & small Size of Community community are +vely community are –vely co-related co-related Density of Population Higher Lower Social mobility increases social mobility is less. More Mobility with urbanity. migration from villages to town System of Interaction Higher Lesser
  • 15. WHY RURAL MARKETING ?? • Rural markets have become the new targets to corporate enterprises for two reasons :  Urban market has become congested with too many competitors.  The market have reached a near saturation point.
  • 16. 4P’S OF RURAL MARKETING • Product for rural market must be built or modified to suit the lifestyle and needs of the rural consumers Product Strategies • New/Modified Product. • Utility Oriented Product • Avoiding Sophisticated Packaging • Application of value Engineering. • Small unit packaging
  • 17. PRICE • The villagers due to their limited resources are very price sensitive by nature. • Pricing Strategies • Large Volume –low merging • Overall Efficiency And passing on benefits to consumers. • low cost/ value for money product • Low volume-low price.
  • 18. PLACE Place Strategy • Segmentation. • Coverage of villages with 2,000 and above population. • Distribution up to feeder markets. • Direct Contact with rural Retail.
  • 19. PROMOTION • Promotion aspect always creates a challenge in rural markets because of the fact that village have thin population density and are widely spread over large remote areas.
  • 20. "YAARA DA TASHAN...” ADS WITH AAMIR KHAN CREATED UNIVERSAL APPEAL FOR COCA COLA.
  • 21. VARIOUS FACTORS WHICH HAVE MADE RULE MARKETS VIABLE o Large population o Raising prosperity o Growth in consumption o Life-style changes o Life-cycle advantages o Market growth rates higher than urban o Rural marketing is not expensive o Remoteness is no longer a problem
  • 22. EXAMPLES OF RURAL MARKETING • Nokia develop affordable Mobile phones for rural markets with unique features such as local language capabilities, present time/ call limits etc. • Philip develop a TV ‘ Vardaan’ for rural markets. This TV work on the voltage 90-270 volts. • Philips developed ‘ Free Power radio’ this radio do not require power and battery also. it run on simple winding of level provided in the set. The price of this attractive set is Rs. 995.