Getting involved in international marketing
Before getting involved in the international marketing some significant aspects should be considered by the organization, these include the fundamental decisions that why should we go international than in which particular market to enter, how to identifying the resources and the impact of the international operations on domestic or local operations should also be considered chief decisions that company takes in including into international marketing are:
Major International Marketing Decisions:
1. Understanding - It comes from looking at the international marketing environment. Multinational companies operating in several countries have proliferated and in global economy more companies has to consider international markets if they are to rise.
2. Deciding - whether to go abroad can be the best growth chance, even for relatively small companies. More foreign markets may raise volume.
3. Which Markets - to enter is also depend upon environmental conditions.
4. How to Enter - involves choices regarding how to compete.
5. The Marketing Program - suitable to international markets includes variations on the promotion and product.
6. The Marketing Organization - option available in international marketing include international division, export department, and global organization.