Comparison between international and domestic marketing
1. Comparison Between International
And Domestic Marketing.
Presented By :
Gulam Nabi Azad.M
Department of Business Administration
(International Business)
Nehru Arts and Science College,
Coimbatore.
2. A domestic market, also
referred to as an
internal market or domestic
trading, is the supply and
demand of goods, services, and
securities within a single
country.
3. According to the American Marketing
Association (AMA) "international
marketing is the multinational
process of
1-planning and executing the
conception
2-pricing, promotion and distribution
of ideas, goods, and services
3-to create exchanges that satisfy
individual and organizational
objectives."
4. Comparison Between
International And Domestic
Marketing.
The comparison between
international & domestic
marketing can be cited with
different basis … Let’s see
some of the basis on which
both has compared….
10. 6-Languages & Culture
• ONE LANGUAGE
& CULTUREDomestic
Marketing
• MANY
LANGUAGES
AND DIFFERNCE
IN CULTURES
International
Marketing
11. 7-Role of Politics
• POLITICAL
FACTORS ARE
OF MINOR
IMPORTANT
Domestic
Marketing
• POLITICAL
FACTORS PLAY
A VITAL
IMPORTANT
International
Marketing
14. 10-Product Planning & Development
• ACCORDING
TO DOMESTIC
MARKET
Domestic
Marketing
• ACCORDING
TO FOREIGN
MARKET
International
Marketing
15. 11-Familiarity
• WELL FAMILIARITY
WITH DOMESTIC
MARKETDomestic
Marketing
• LACK OF
FAMILIARITY WITH
FOREIGN MARKET,
RESEARCH
BECOMES
ESSENTIAL
International
Marketing
17. 13-Research
• Required but not to
a very high levelDomestic
Marketing
• Deep research of the
market is required
because of less
knowledge about the
foreign markets.
International
Marketing