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Internatinal-Marketing - Essay
Internatinal-Marketing - Essay
are a marketer you need to know the target market and choose the best of it, because knowing
what kind of market you need to sell your product is important to achieve consumers demands
It is important to discover market segments in foreign market that are unique because it helps
you as a marketing create a decision to acquire your target market efficiently and effectively to
promote sales and create a good impact in the chosen foreign market. It is ideal to choose what
should be the best thing to do and create if you know the characters of your target consumers and
it helps not only you but also the company you are working too. Because market segments
identify the specific information about the market you want to promote sales and t will be easier
if you matched their market demands and their satisfaction. With market segments you will
know the population like how many people are living inside the state and what is the average
number of people that wants to purchase your product, also you will know how to overcome
your competitors because you know their characteristics, you know their religion, age, income,
Market segmentation is considered important especially if the company wants to create a foreign
business, with market segmentation it will help them acquire good traits and feedback because
a lot more competitive in the market, because of this you will have a better understanding about
the business and the things you must do to create opportunities and organize the steps you should
Political, Economic, Social, Technological, or PEST analysis are important in a business but one
of the most hardest to analyze especially if its applied in international marketing is the Economic
factors of the Economic, because once you are outside of your environment it means that you
need to start again and adjust to the new culture you are into, economical factors includes the
stage of business cycle, you need to know the employment rates, because not every employment
rates are the same in other nations, like Philippines it has a low employment rates and low salary,
you need to know all these because you need an employee for you to run your company. In
addition you also need to learn about the monetary policies and inflation rates and other things
that must be considered economical, that is why it is the hardest among the PEST analysis
because making a business internationally must be learned and adjust to the new environment
PEST analysis can assist your company or organization by identifying future issues and
challenges and creates opportunities for your business, also knowing and learning economic
factors can create a good impact not only to your business but also to your customers, because
you respect every culture they have and adjust to their standards.
International companies are the companies that have the ability to promote and choose what kind
of product they need to sell in other countries because they these companies’ wants profits and
choosing the wrong product to sell internationally can have a negative results for them.
International companies choose what products to promote and choose what country they would
sell because some countries are very sensitive when it comes to products, for example Muslim
people need a product that is signed and approved by HALAL before they purchase it because if
its not they will be cursed or have sin by consuming and buying the kind of product, also as an
international company you need to identify each country’s culture and traits because some are
not interested by the product you sell so you need to be careful on selling the products because it
can affect your company and decrease its income. International company choose the country
based on the products because they know where they will sell it and what are their consumers
demands, for the consumer to be satisfied they will sell a product that can attract consumers, with
Choosing the product to sell it the right country or state is one of the most important thing to
consider because it affects every aspect of your company, whether the brand, the feedback, the
positive image and the quality of the product you sell to them, it is important to understand and
know the consumers demand because it can help you have the opportunity to mass produce the
products you want to sell and make you confident selling it because a lot of consumers demand