Professional Documents
Culture Documents
MBA IV Semester LT P C
4 0 0 4
Text books:
International Marketing, Michael R.Czinkota, Likka A Ronkainen, Cengage .
Global marketing Management , Keegan, Green, 4/e, Pearson
References:
International Marketing Analysis and Strategy, SakOnkvisit, John J. Shaw, PHI.
International Marketing, Philip R. Cateora, John L. Graham, Prasanth Salwan, TMH.
International Marketing,Vasudeva PK, excel.
Global Maketing, Management, Lee, Carter, Oxford.
International Marketing and Export management, Albaum , Pearson Education.
Global Marketing, Johansson, TMH.
Integrated Marking Management – Text and Cases, Mathur, Sage.
NPTEL
PPT
Text Books
S.No Name of the Text Book/Reference Book Name of the Author
R1
1 1. International Marketing Analysis & Strategy SakOnkvisit, John J.
Shaw
International Marketing Philip R. Cateora, John
R2
2 L. Graham, Prasanth
Salwan
International Marketing R3 Vasudeva PK
3
International Marketing & Export Management Albaum
4 R4
NARAYANA ENGINEERING COLLEGE::NELLORE
Permanently affiliated to JNTUA, Ananthapuramu
IM LIST
UNIT-1
1. What is international marketing? what is the importance of international marketing (Nov 2019)
2. Explain the importance of international marketing?
3. Explain the scope of international marketing?
4. What are the differences between domestic and international marketing? (Nov 2019) (Jan 2016)
5. What is international environment? Explain the importance of international environment?
6. Explain the social and cultural environment in international marketing?
7. Explain political and legal and regulatory environment? (Jan 2016)
8. Explain the importance of technological environment in international marketing?
UNIT- II
1. What is new product development and give some examples for new products (Nov 2019) (Dec
2018)
2. Explain the international product positioning (Nov 2019)
3. Explain the concept product saturation levels in global markets
4. What is international product life cycle ? what are the characteristics of product life cycle
5. Explain the concept geographic expansion and strategic alternatives?
6. What are the new products competition in international markets
7. Explain the concept product and culture
8. Explain the brands in international markets (Dec 2018)
UNIT-1V
COURSE PLAN
Course Details
Class :Second Year, MBA Semester: IV Year: 2019-20
Course Title : International Marketing Course Code: 17E00408 Credits: 4
Program/Dept.: MBA Batch : 2018-20
Regulation: R-17 Faculty: D. Suma Lalitha
Teachin Textbook
Lectu
Planne Unit Delivere g Aid s/
re Topics to be Covered
d Date No. d Date Reference
No.
s
UNIT – I International Marketing
07/01/20 2 Chalk/Dust
16 Indirect Exporting er
R2
09/01/20 2 Chalk/Dust
17 indirect and direct exporting er R1
5 Chalk/Dust R1&4
61 24/03/20 Importance of exim policy er
5 Chalk/Dust R2
62 26/03/20 Exim policy in India er
5 Export costing Chalk/Dust R2
63 26/03/20
er
5 Pricing Chalk/Dust
64 27/03/20
er
R4
Export procedures Chalk/Dust R1&4
65 27/03/20
er
Export documentation Chalk/Dust R1&4
66 31/03/20
er
Export assistance Chalk/Dust R1&4
67 03/04/20
er
68 03/04/20 Case Study
69 07/04/20 Case Study
70 09/04/20 Revision
71 09/04/20 Revision
Mid Examination II 13-04-20 to 17-04-20
END EXAMINATIONS: 30-04-20 to 11-05-20
DEPQARTMENT OF MBA
Meaning:
International Marketing is defined as the performance of business activities designed to plan, price,
promote, and direct the flow of a company's goods and services to consumers or users in more than one
nation for a profit. No matter domestic or international the Marketing objective remains the same
for marketers
Definition:
International Marketing is defined as the performance of business activities designed to plan, price,
promote, and direct the flow of a company’s goods and services to consumers or users in more than one
nation for a profit.
Export
Import
Re-export
Management of international operations
International marketing is multinational process of planning and executing the conception, pricing,
promotion, and distribution of ideas, goods, and services to create exchange that satisfy individual and
organisational objectives.” Countries of the world are nearing to participate in the global
market opportunities.
Differences b/w domestic marketing and international marketing:
Meaning
Area served
Government interference
Business operation
Use of technology
Risk factor
Capital requirement
Nature of customers
Research
Marketing Environment:
Legal Environment:
The government, in every country, regulates the business according to its defined priorities. Legal
system of a country is framed by the government. The laws which are passed by the government for
business operation is called legal environment. In every country, the government regulates business
activities. These regulations of government are considered as legal environment. In practice legal and
regulatory goes hand in hand. The limits for business operations are decided by regulatory environment
& this is also called legal environment.
Regulatory Environment:
A regulated environment is basically any controlled environment. Rules state which conditions must be
met by a company to produce valid results or goods of a guaranteed level of quality.
Unit – 2
Indirect Exporting:
Indirect exporting refers to selling to an intermediary, who later sells the goods or services either
directly to importing wholesalers or to customers. It could also be a sale by the exporter to the buyer via
a locally located intermediary, such as an export trading company or an export management company.
Direct Exporting:
Direct exporting is the sale by an exporter directly to an importer located in another country, without
using another person or organization to make arrangements for them. The exporter will be responsible
for handling the market research, logistics of shipment, foreign distribution, and for collecting payment.
Having so far considered market entry strategies that have been based upon the development,
manufacture and supply of products and services from the firms’ domestic operations, we now turn our
attention to strategies which involve production and service supply from overseas plants.
Licensing,
Franchising,
Contract manufacture,
Turnkey operations,
Management Contracts, and
Original Equipment Manufacturing.
Foreign direct investments (FDI) in wholly owned manufacturing subsidiaries are considered by
global firms for many reasons. It is done for acquiring raw materials, operate at lower
manufacturing cost, for avoiding tariff barriers and satisfy local content requirements, and for
penetrating the local market.
Joint Ventures,
Strategic Alliances,
Merger,
Acquisition,
Wholly-Owned Subsidiary,
Assembly Operations
Integrated Local Manufacturing.
Unit - 3
International product management: International product positioning, Product saturation
Levels in global Market, New products in International Market, Products and culture, brands in
International Market.
product management is an organisational lifecycle function within a company dealing with the planning,
forecasting, and production, or marketing of a product or products internationally at all stages of
the what is international product management.
Product Positioning:
After the global market has been segmented and one or more segments have been targeted, it is
essential to plan a way to reach the target(s). To achieve this task, marketers use positioning, a process
whereby a company establishes an image for its product in the minds of consumers relative to the image
of competitors’ product offerings.
Technical Products
Special-Interest Products
Products that Demonstrate Well
2) High-Touch Positioning
Products that solve a Common Problem
Global Village Products
Products that use Universal Themes
Product Saturation:
Product saturation is a situation in which a product has become diffused (distributed) within a market;
the actual level of saturation can depend on consumer purchasing power; as well as competition, prices,
and technology.
Inbusiness and engineering, new product development (NPD) istheterm used to describe the
complete process of bringing a new product orserviceto market. There are two parallel paths involvedint
he NPD process : one involves the idea generation, product design,and detail engineering ;the otherinvol
ves market research and marketing analysis.Companies typically see new product development asthe fir
st stage in generating and commercializing new products within the overall strategic process ofproduct li
fe cycle management used to maintain or grow their market share.
Idea Generation
Idea Screening
Concept development & testing
Marketing strategy development
Business Analysis
Product Development
Test Marketing
Commercialization
Branding is a process of designing a distinct name and picture for an item in the minds of the customers,
mainly through advertising campaigns. A brand is a name, signature, mark, term, symbol, design or
mixture of these components used to determine an item, a family of goods, or all products of a
company. Branding is a vital aspect or element of product planning process and proves to be a very
essential and powerful tool for marketing and selling products.
Brand Name
Trade Name
Brand Mark
Trade Mark
Trade Characters
Unit - 4
International Marketing Channels: Distribution Structures, Distribution Patterns, Factors
effecting Choice of Channels, the Challenges in Managing an international Distribution
Strategy, Selecting Foreign Country Market intermediaries. The management of physical
distribution of goods, Grey Market goods.
A channel is a passageway that allows the happening of certain processes. The channel is the medium
through which the firm's global marketing strategy is communicated among the customers scattered all
around the globe.
Distribution Structure:
Distribution Structure the way in which an organisation arranges the movement or delivery of its
products to end-users, either by direct supply or by means of one or more intermediaries.
Distribution Patterns:
There are several channels available for the purpose of distribution of goods. Each channel has its own
advantages and limitations and every company has to make difficult choice about channels of
distribution. This decision about choice of a channel of distribution depends on several factors.
3. Company Factors:
Company’s Financial Strength
The extent of control design
Reputation of the company
Companies marketing `policies
Past experiences
4. Channel Related Factors:
The Ability of the Channels
The Financial Strength of the Channels
Ability to Provide after Sales Service
5. Environmental Factors:
Economic Situation
Legal Factors
Fiscal Structure
Challenges in managing international distribution strategy:
UNIT - 5
Export Marketing: Introduction to Export Marketing, Export Policy Decisions of a firm, EXIM
policy of India. Export costing and pricing, Export procedures and export documentation. Export
assistance and incentives in India.
Export Marketing:
Export marketing is the practice by which a company sells products or services to a foreign
country. Products are produced or distributed from the company's home country to buyers in
international locations.
Export policy:
Exim Policy or Foreign Trade Policy is a set of guidelines and instructions established by
the DGFT in matters related to the import and export of goods in India.
Indian EXIM Policy:
Indian EXIM Policy contains various policy related decisions taken by the government in the
sphere of Foreign Trade, i.e., with respect to imports and exports from the country and more
especially export promotion measures, policies and procedures related thereto. Trade Policy is
prepared and announced by the Central Government (Ministry of Commerce). India's Export
Import Policy also know as Foreign Trade Policy, in general, aims at developing export
potential, improving export performance, encouraging foreign trade and creating favorable
balance of payments position.
Export Costing:
Export Costing is basically Cost Accountant's job. It consists of fixed cost and variable cost
comprising various elements. It is advisable to prepare an export costing sheet for every export
product.
Export Pricing:
Export pricing is the most important factor in for promoting export and facing international trade
competition. It is important for the exporter to keep the prices down keeping in mind all export
benefits and expenses.
Export Procedure:
Export is one of the major components of international trade. Exports facilitate international
trade and stimulate domestic economic activity by creating employment, production, and
revenues. Businesses export goods and services where they have a competitive advantage.
Introduction
Governing Authorities
Export Procedure
Export Documentation:
Market Development Assistance Scheme.
Export Oriented Unit (EOU) Scheme.
Market Access Initiative (MAI) Scheme.
Software Technology Park (STP) Scheme.
Services Exports from India Scheme (SEIS) .
The Merchandise Exports from India Scheme (MEIS)
Export Promotional Capital Goods (EPCG) Scheme