Monday, December 21, 2009

Global Marketing

Companies sometimes assume that what works in their home country will work in another country. They take the same product, same advertising campaign, even the same brand names and packaging, and with virtually no chance to try to market it the same way in another country. The result in many cases is failure. Why? Well, the assumption that one approach works everywhere fails to consider differences that exist between countries and cultures.
Global MarketingWhile many companies who sell internationally are successful following a standardized marketing strategy it is a mistake to assume this approach will work without sufficient research that addresses this question.

Reference: ttp://www.knowthis.com/principles-of-marketing-tutorials/global-marketing/

1 comments:

Syed Ahmad Hashmi said...

Global marketing is another very important marketing concept. Global marketing would require much more resources and proves to be vital for the concerned company/business. keep the good work going brother.