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Difficulties With A Worldwide Marketing Plan
Difficulties With A Worldwide Marketing Plan
A worldwide marketing approach does, however, have certain potential drawbacks, some of which
include:
Compliance problems Different markets have different laws governing data security and protection,
such as the California Consumer Privacy Act and the GDPR in the European Union (CCPA). When
conducting business in other nations, you must make sure that your organization complies with the
laws.
Converging with new markets: Your marketing plan must be modified to meet new geographic
areas. Ever ponder why there aren't as many Starbucks locations as there are elsewhere in the world
in Australia? People thought the business was excessively pricey because local coffee is preferred in
the Australian coffee market. Your strategy must be localized if you want to succeed.