Upload
rinu-thomas
View
36
Download
5
Embed Size (px)
Citation preview
INTRODUCTION As technology creates leaps in communication,
transportation and financial flows, the world continues to feel
smaller and smaller. It is possible for companies and consumers
to conduct business in almost any country around world
because of the advances in world trade. Brands and products
that originate in one country are enthusiastically accepted in
others. Additionally, these products cannot be marketed
identically across the globe. Here arises global marketing which
takes more into consideration than just language-it involves
culture, market saturation and customer behaviors.
Global marketing Communications
Global marketing is marketing on a
worldwide scale or reconciling or taking commercial
advantage of global operational differences,
similarities and opportunities in order to meet global
objectives.
Marketing communications are messages
and related media used to communicate with the
market. Marketing communications is the
“promotion” part of the “marketing-mix” or the
“four Ps”. It can also refer to the strategy used by a
company or individual to reach their target markets
through various types of communications.
Global marketing communication acquires new customers for brands by
building awareness and encouraging trial. Marketing communication also
maintains a brand’s current customer base by reinforcing their purchase
behaviour by providing additional information about the brand’s benefits. A
secondary goal of marketing communication is building and reinforcing
relationships with customers, prospects, retailers and other important
stakeholders.
Marketing communicatio
n
AdvertisingPubl
ic relations
Direct
Marketing
Sales
Promotion
Personal selling
Websites
ELEMENTS OF MARKETING COMMUNICATION
Successful marketing
communication relies on sound
management decisions regarding
the coordination of the various
elements of the promotion mix.
These options include
advertising, sales promotion,
public relations, direct marketing
& personal selling. The Internet
has also become a powerful tool
for reaching certain important
audiences. The role each element
takes in marketing
communication relies in part on
whether the company employs a
“push strategy” or “pull
strategy“.
Marketing Communication Overview
Positioning
The marketing message
Marketing communication for technology start-ups:
Achieving market leadership by word-of–mouth marketing
Marketing communications: Reaching early adopters of
technology products
Marketing communication across the chasm and in the
bowling alley explains the tactics that will help the firm to
cross the chasm.
CONCLUSION According to the WTO, the volume of international
merchandise trade increased 23 times between 1951 & 2010.
However, globalization has created just as many challenges
as opportunities for brands that venture overseas. Because
consumers have so many more options for similar products,
companies must ensure that their products are high in quality
and affordability. Companies have turned their international
marketing efforts into something more than just exporting-
they have adapted their branding to account for differences
in consumers demographics and world markets.