International Marketing: Approaches, 4Ps, and Competitor Analysis
VerifiedAdded on 2022/12/28
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Presentation
AI Summary
This presentation provides an overview of international marketing, focusing on key concepts and strategies. It begins with an introduction to international markets and then delves into a debate comparing global and local market approaches, highlighting their respective risks and scales of operation. The presentation then explores the 4Ps of the marketing mix (product, price, place, and promotion) as applied to a case study of Airdi, examining how these elements are adapted for international markets. Various international marketing approaches, including multinational, global, and transnational strategies, are discussed. Furthermore, the presentation compares home and international market orientations, emphasizing the importance of understanding market similarities and differences. The conclusion summarizes the impact of the 4Ps on both international and national markets, reinforcing the benefits of international expansion while acknowledging the associated risks. References to relevant academic sources are also included.
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