answersLogoWhite

0


Best Answer

International Marketing is becoming important in today's world of business! One reason it would become of importance is the cause of a business life cycle. A business creates a product/service. It experiences the 'take off' which is at the start of the cycle, then they experience the 'ascension' this is when the product is gaining credibility and starting to sell. Then it comes to its 'peak' where your product/business is established and sales are at its best. However, you then have a decline thereafter. Now, with International Marketing, you can market your product/service internationally and redo your business's life cycle. More than 1 time, depending on how much countries you are marketing to. Also, your product/service may seem suited better for an international market, rather than your own country of origin. You may develop a value-added product which is too expensive for the purchasing power of country of origin, and you may need to look into international markets to sell your product at a cost which is profitable to you.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is importance of international marketing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Marketing

What is the importance of international marketing research?

International marketing research allows the company to research customs, cultures, and expectations of foreign countries, which may be different from local marketing. Gathering data may be hindered by language, literacy and access to technology.


Explain the nature scope and importance of international marketing?

international marketing is a performance of business activities that direct the low of a company,s good,s & services to consumer or user,s in more than one nation


Will a regular Marketing Degree work in the field of International Marketing ?

Often it can, although some International Marketing positions require expertise in areas that require experience with International Marketing, such as importing and shipping. If this isn't the case, then the Marketing Degree can be as good as the International Marketing degree for particular positions.


What are the barriers to international marketing of services?

describe in detail the barriers to international marketing of services


Discuss high level domestic and global environmental factors impacting marketing?

Importance of marketing Marketing is very important nowadays in the business world, and the importance of marketing is increasing day by day, Domestic level: To promote local products and services, to local customers in local markets, and to bring good effect in needs and wants of local customers Global level: Services are promoting multinational business all around the world to international customers in international markets, for Example Microsoft Company operates all over the world, and the marketers is performing marketing for them

Related questions

The role and importance of international marketing strategic planning?

The role of international marketing is to market to people in many different countries. Therefore, it is important to consider the values of people around the world when planning this marketing.


What is the importance of international marketing research?

International marketing research allows the company to research customs, cultures, and expectations of foreign countries, which may be different from local marketing. Gathering data may be hindered by language, literacy and access to technology.


Explain the nature scope and importance of international marketing?

international marketing is a performance of business activities that direct the low of a company,s good,s & services to consumer or user,s in more than one nation


Will a regular Marketing Degree work in the field of International Marketing ?

Often it can, although some International Marketing positions require expertise in areas that require experience with International Marketing, such as importing and shipping. If this isn't the case, then the Marketing Degree can be as good as the International Marketing degree for particular positions.


When was International Marketing Review created?

International Marketing Review was created in 1983.


When was Just Marketing International created?

Just Marketing International was created in 1995.


What is Just Marketing International's population?

The population of Just Marketing International is 140.


What is the population of Just Marketing International?

Just Marketing International's population is 2,009.


What are the international marketing variable that controllable marketing and uncontrollable that will affect coke?

the international marketing variables that affect coke.


Describe the Concept of international marketing?

marketing is


What is the importance of global marketing in Philippines?

The importance of global marketing in Philippines is that it has helped in expanding the marketing across the borders. This is a major boost to the Philippines' economy.


What are the social cultural impact to the international marketing?

What are the social cultural impact to the international marketing?