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International Marketing - 3 discussion questions - Essay Example

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International Marketing - 3 discussion questions

One of the differences between domestic marketing and international marketing is that domestic marketing is considered to be easier than international marketing because a company doing local marketing already understands the local/country customs and norms. The focus then is effective marketing. On the other hand international marketing is usually more difficult because literal translation can often turn off prospects. Other differences include the uncertainty of different foreign business environments that are not in domestic marketing. This is because there is a difference in infrastructure, technology, competitive dynamics, legal and governmental restrictions, customer preferences, culture and many additional uncontrollable variables.
Organizations should be more concerned about international marketing because their international image should be of more importance to them. Another reason for emphasizing on international marketing is the fact that if an organization has a good international image then automatically its domestic image becomes of a competitive organization that will excel in the future.
There are different conditions that have led to the development of global markets. The first condition is the limitation that each and every country cannot produce all the goods and products of their need. Even if they do have the capability then the required quantity is not met. Another important reason is the quality of a product. For example a country might be able to produce a good but another country is making it of a better quality so they will prefer to buy it rather than producing it themselves.
There is an increased interest shown by US Organizations in the global markets, the major reason being to boost up the profits. Other reasons are to maintain a high image of the organization domestically, to exploit the international markets where customers want quality products that are ...Show more
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Summary

The domestic market includes all the trade mechanisms within one country, excluding imports and exports or the part of a nation’s market that represents the systems of trading securities of entities located within that nation. Hence domestic marketing is the marketing of a…
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