Professional Documents
Culture Documents
International Marketing
Global Marketing
Stages of International Marketing…
• Stage 1: No Direct Foreign Marketing
– Not active foreign customer seekers
– Foreign markets via domestic wholesalers/distributors
– Unsolicited orders
– Internet
• Stage 2: Infrequent Foreign Marketing
– Variation in production levels or demands
– No commitment to foreign market representation
– If domestic demand , foreign activity
– Foreign agents may approach
– Managers’ own foreign contacts
Stages of International Marketing…
• Stage 3: Regular Foreign Marketing
– Dedicated production capacity to foreign markets
– Own sales force/subsidiaries in foreign markets
– Domestic market is still the prime focus, but as the
foreign demand , production/products are adapted to
meet those customer needs
– Depend on foreign sales to meet goal (vs. as a bonus)
• Stage 4: International Marketing
– Fully committed and involved in international marketing
– Planned productions for various foreign markets
– Production of goods in foreign markets as well
– At this stage, a firm is international or multi-national
Stages of International Marketing
• Stage 5: Global Marketing
– Treats the world including home market as one
– Market segments are defined by demographic and
psychographic variables
– Half of its revenue should come from foreign market
– Global perspective is the focus
Strategic Orientations
EPRG Schema Orientation
Multidomestic
Polycentric
Marketing