International Marketing Strategies of Amazon: A Detailed Report

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Added on  2022/12/28

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This report examines Amazon's international marketing strategies, providing a comprehensive overview of the company's approach to global expansion. It begins with an introduction to international marketing, defining key concepts and outlining the rationale for organizations like Amazon to pursue international markets. The report delves into the scope of international marketing, exploring various aspects such as joint ventures and licensing. It then analyzes the key criteria and selection processes involved in choosing international markets, followed by a discussion of different market entry strategies, including their advantages and disadvantages. The report also addresses the global versus local marketing debate, examining the arguments for standardization and adaptation. Furthermore, it explores the international marketing mix, including product, price, promotion, and place, and discusses various international marketing approaches. Finally, it compares home and international market orientations, concluding with a summary of the key findings and providing references for further research. This report serves as a valuable resource for understanding Amazon's international marketing efforts and strategies.
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International Marketing
Amazon
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Table of content
Introduction
Scope and key concepts of international marketing
Rationale for an organization to want to market internationally and describe the various routes
The key criteria and selection process
Explain different market entry strategies, including the advantages and disadvantages of each
key arguments in the global Vs local debate
International marketing mix
Various international marketing approaches
Compare home and international orientation
Conclusion
References
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INTRTODUCTION
International marketing is the application which complete the need of different people who are residing across the national or
international border. For this assignment the chosen organisation is Amazon, which is an American international technology
company, founded in 1994 by Jeff Bezos. Its headquarter is in Seattle, Washington, United State.
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Scope and key concepts of international
marketing
International marketing are an important concept for business who want to expand their business. It is concerned with
international consideration and standardised market tools which are spread across the world. International market is a simple
application of marketing principle which are applicable in more than one country.
Scope of international marketing:
Establishing
Joint venture and collaboration
Licensing arrangement
Consultancy services
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Rationale for an organization for internationally
and describe various routes
The reason for choosing international marketing within organisation is to adopt different kind of ways and procedure which
open up the policies and opportunities for the companies within market. Choosing international concept in amazon make a
success and become a rational objective of the company which create their own success in market.
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Key criteria and selection process
These criteria include:
Defining marketing objective
Parameters for selection
Preliminary screening
Short listing of market
Evaluation and selection
Test marketing
Commercial production
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Market entry strategies, including
advantages and disadvantages
There are various market entry strategies which are helpful for the company to expand their business. Every market strategies
have their own advantages and disadvantages to choose the right entry option in international market.
Joint venture
Mergers and acquisition
Exporting
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Key arguments in the global Vs local debate
In today's world, the debate is on standardised and adoption in the marketing which has marked a spark a debate for decades.
In today's market globalisation will be effective and standard an aim to operate company in new market or in local markets.
Local marketers have less opportunists and less human labour to expand their business but in global market the opportunities
are increasing, new and innovative human capital are welcomed to expand their business.
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International marketing mix
Basic marketing concept tell us about the strategies which are using by the company to meet the target audience in order to
meet the desired targets. The right approach is based on right product, their pricing, promotional and various distribution
approach:
Product
Price
Promotion
Place
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Various international marketing approaches
There are number of marketing approaches which are adopted by companies while having international business marketing.
Which are explained below:
The transaction cost approaches
The standardised Perspectives
The global configuration:
The Global Integration
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Compare home and international orientation
Market orientation is mostly use as the key factor for the success of domestic and international markets. But the knowledge
about degree of orientation remains limited for different companies to know about the international orientation. Home
orientation is related to different opportunities which are useful for the companies which are relatable to different changing
need, taste and preference in order to introduce new and innovative products.
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Conclusion
From the above report it is concluded that international market is an important tool for expanding the business in international
market. There are very large scope of international market which actually help the company to expand its operation in all over
world.
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