Global Marketing

Global Marketing Essay example
College
Essay
Marketing
Pages 3 (753 words)
Download 0
Global marketing can be defined as the process of conceptualizing and then conveying a final product or service worldwide with the hopes of reaching the international marketing community (Businessdictionary). …

Introduction

Many multinational corporations target customers from different parts of the world. It is imperative for marketers to customize their advertising efforts depending on the global market they are targeting. People from Europe have different taste than American customers. Global marketing has increased in popularity during the 21st century. Marketers today are using a wide variety of tools and techniques to reach the global masses. One of the most popular tools that global marketers are using to send messages to customers is the internet. The internet is a very effective marketing tool because marketers can run campaigns through the internet at lower costs in comparison with traditional media such as the television. Another advantage of the internet for global marketers is that anyone around the world can gain access to a website by typing in the URL. A lot of global marketers are taking advantage of the trend of internet surfers visiting a few times per day social media websites. The largest social media website, Facebook, is estimated to have one billion users by the end of 2012 (Purdueexponent). The users on Facebook account for one-seventh of the world population. Another popular method global marketers use to reach the masses is television commercials during major sporting or social events. ...
Download paper
Not exactly what you need?

Related papers

Global Marketing
The essay defines global marketing, explores its evolution from international marketing before differentiating between the characteristics or determinants of global and international marketing strategies. The different global marketing strategies based on the various determinants will be studied while understanding the impact of global marketing in the European Union (EU) and Asia-Pacific regions.…
Global Marketing
This tends to highlight the role globalization is playing in the contemporary business arena. In order to comprehend the processes underlying and factors influencing global marketing, one needs to gain an insight into the operational dynamics of marketing on an international level. Moreover, marketing across borders is not limited to the domain of multinational organizations, as was conventional…
GLOBAL MARKETING
This strategy employed by the counterfeiters thus happens to populate larger parts of the global market for fashionable and luxury products. However the counterfeiting activities in regards to the fashionable or luxury products are generally divided into two aspects-deceptive and non-deceptive in nature. Deceptive practices of counterfeiting are such where the purchaser is not aware that the…
global marketing
Foreign direct investment is simply direct investments across national boundaries” (Dicken, 2007, p.36). Earlier, countries were bit reluctant in welcoming foreign direct investment because of the concerns about the negative impacts upon domestic firms caused by the intrusion of foreign firms. However, world has realised that these concerns are nothing in front of the huge benefits and…
Global Marketing
Introduction The changing trends of the corporate world and effects of globalization have drastically changed the traditional ways of marketing and brand representation of a company. The term Global Marketing has become very familiar in the last few decades which explain that one great way of enlarging company’s sale is by expanding the brand globally. Gillespie, Jeannet, & Hennessey (2011)…
Global Marketing
Because of this free flow of information, it has to be said that there has been a tremendous rise of competition in the global market place. As of the recent times, many companies are focusing on entering many new markets for the purpose of clocking significant business growth opportunities. It has to be said that this particular project discusses about the internationally acclaimed ethical…
Global Marketing
Culture is recognised to be an essential factor which imposes considerable impact upon the entire performance of the organisations (Lee & Carter, 2009; Bardhan & et. al., 2006). Culture is recognised to be an essential element on the basis of which the different magnitudes of human behaviour are determined. Culture comprises different elements that include belief, morals, knowledge, art and…