Professional Documents
Culture Documents
④ International Marketing
⑤ Global Marketing
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Stages of International Marketing…
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
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Stages of International Marketing
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
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Strategic Orientations
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Strategic Orientations…
Domestic Market Extension Orientation (Stage ①/②)
Extension of domestic products into foreign markets
International markets are secondary
Prime focus—market excess domestic products abroad
Firm’s orientation is domestic
Multi-Domestic Market Orientation (Stage ②/③)
Realizes the difference b/w domestic & foreign markets
Different countries need different products
Separate marketing strategies for each country
Subsidiaries operate independent of one another
Products are adapted, advertising is localized
Might not standardize products
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Strategic Orientations
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In-class group activity: 30-45 minutes
Please e-mail the PPT slides at drsatsingh@gmail.com and write “your group
# and strategic orientation” in the subject line, so I could browse it before
your presentation.
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Questions?
s.singh@uwinnipeg.ca
https://abem.uwinnipeg.ca