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This report evaluates the differences between International marketing and Domestic marketing and evaluates the advantages of International marketing. This report also suggests an ideal way to enter International Markets. No new things were discovered in this report.
INTRODUCTION
The two segments based on the age and gender are identified and are targeted with efficient strategies. The profits of the company have soared up since the last improvements and after the expansion into Southern state of Kerala. Thus, there is a scope of Business to Business marketing and International Marketing.
OBJECTIVES
The main objective of the report is to identify the modes of Entering into the International Market To identify the differences between International and Domestic markets
RESEARCH METHODOLOGY
The data used in this report are secondary sources which include published books, Internet articles and Blogs
THEORITICAL FRAMEWORK
BUSINESS TO BUSINESS MARKETING
If a businesss presentation is targeting another business then that kind of marketing is called Business to Business marketing. B2B marketing was first originated in the Niche goods but later expanded to all kinds of markets. In Business to people, the product is directly sold to the consumer, but in the B2B marketing the product is sold in bulk to another organisation or the intermediate is sold to the other business.
1. The overall volume of B2B transactions is much higher in volume than the volume of B2C transactions ( Shelly and Gary, System Analysis and Design; Cengage Learning, pp:10) 2. For a company, it would be advantageous as it increases the amount of cash in hand 3. Work can be split between organisations and ensure faster delivery of the product
The main difference between International and Domestic marketing is that the exchange takes place in different currencies or the companies choose a common currency. International Marketing has trade barriers where as domestic marketing has no such restrictions. There is an interference of government in the
FINDINGS SUGGESTIONS
Entry into international marketing via contract manufacturing is better for a cola manufacturing firm
CONCLUSIONS