Week 2 Flashcards
International Marketing
Refers to these things made for a foreign market:
- Action Plans
- Strategies
- Tactics
Global Marketing
Refers to tactics created for a universal population, mainly used via digital advertising.
Services and Products
Global: Universal product offering to all the world
International: Custom tailored product for a specific country
Marketing Employees
Global: Personnel deployed at headquarters office
International: Personnel in the foreign countries
Advertising Initiatives
Global: Must have global and universal reach
International: Specific to one countey
Social Media
Global: One page in each social media
International: Multiple pages in different languages
Research and Development
Global: Shallow and superficial research
International: Specific to the country
Global Marketing Definition
Process of planning (etc) a product or a service in a global market.
Global Marketing Mix
- Promotion
- Product
- Price
- Place
PESTEL Meaning
Politic
Economy
Social
Technology
Environment
Legal
Brand Ambassador
Person (often famous) that represents a brand and its ideology.