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International Marketing

   

Added on  2022-12-28

11 Pages1030 Words26 Views
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INTERNATIONAL MARKETING
International Marketing_1

TABLE OF CONTENT
P5- Global and local marketing
M3 – Adopting of local and global marketing
P6- Marketing mix in international context
M4- Adapting marketing mix
P7- International marketing approaches
P8- Competitors outlining implication
M5- Approaches and recommendations
International Marketing_2

P5- Global and local marketing
Global and international marketing refers to generalised messaging which is intended and
spread to every individual. It is on huge scale having large customer base for the same.
This encompasses countries from various different regions all across the world and helping with
coordination of Toyota marketing efforts in these target countries.
This helps in establishing global presence and leads with huge amount of planning to do global and
international marketing. It leads with company to have huge sales revenues and margins of
profitability and leads the company to get competitive advantage in winning in marketplace and leads
with recognising of brand image
International Marketing_3

P5- Global and local marketing (Contd..)
Local marketing refers to marketing which is being focused with small target audience. This a
marketing which is being briefed with specific details and do not requires huge time of planning.
This can be done by individual who are not as competent as individuals who are being required to be at
front face of doing international and global marketing of Toyota offerings.
This targets individuals and potential customers with certain radius of location that is physical to
business of company. This is a great way of gaining and having customers in areas of surrounding
where the business is being seen as better option by customers.
International Marketing_4

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