Price In International Marketing
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Price In International Marketing
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Author : David Carnicer Sospedra
language : en
Publisher: ESIC
Release Date : 2014-07
Price In International Marketing written by David Carnicer Sospedra and has been published by ESIC this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07 with Business & Economics categories.
The marketing mix is the coherent combination of policies of Product, Price, Distribution and Communication which, well structured, allows us to introduce a differentiated offering in a market with the intention of adequately position ourselves to achieve sales and profits. Just like in the different elements of the marketing mix there may always exist some element of subjectivity, since it is difficult at times to determine whether a product has higher quality than another, whether a promotional policy is more efficient than another or whether a distribution channel is more suitable than another, when we talk about Price in international negotiations it is obvious that a product that costs 100 euros is cheaper than another one that costs 200 euros. In fact, we could say that with the marketing mix we are just trying to divert the customer’s attention into the rest of the elements of marketing other than price, in order to add value to the offering and try to justify the price that we demand. Price is such an essential element that, once established, we must make the customer accept it. It is crucial, therefore, to know the use of the concepts, criteria and tactics that are developed below in order to set the pricing policy to be followed in our international sales and maximize performance. Moreover, Price fixing in the international market setting is much more complicated than in the domestic market, because in addition to the usual difficulties there are constraints derived from different markets (different legal and economic settings, competitive situation, relationship between the different markets, etc.) And very often our knowledge of foreign markets is not as deep as the one we have of our own market. On the other hand, the Pricing policy has a potentiality, which is that Price determination allows a Company to have a flexible instrument within the marketing-mix to quickly modify their strategies. It is much slower acting on the distribution policy, for instance. It should be clear that the pricing policy is first and foremost a «marketing policy», i.e a system or method that enables us to achieve our objectives and not just a check list on which to calculate our costs. It is a marketing tool that should allow us to (Bertrán, 1994): (1) obtain some profits on the investments made, (2) gain a position in the market and (3) face competition. But all in a manner that is consistent with the other elements of the marketing mix and in a dynamic way. Contents 1. INTRODUCTION: PRICE AND INTERNATIONAL STRATEGY 2. BASIC FOR PRICE SETTING 3. COMPARISON BETWEEN DOMESTIC PRICES AND EXPORT PRICES 4. DETERMINANTS OF THE EXPORT PRICE 5. METHODS OF INTERNATIONAL PRICING 6. INTERNATIONAL PRICES QUOTATION 7. PRICING POLICY IN PERIOD OF INFLATION 8. INTERNATIONAL TRANSFER PRICES 9. MEHODS TO CHANGE PRICES 10. BIBLIOGRAPHY AND WEBSITES
International Marketing
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Author : P. K. Vasudeva
language : en
Publisher: Excel Books India
Release Date : 2006
International Marketing written by P. K. Vasudeva and has been published by Excel Books India this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.
With the onset of globalisation, International Marketing has become an important subject among students pursuing MBA in International Marketing and International Trade as also among professionals who study and undertake research projects in the areas such as Foreign Direct Investment, Free Trade Area , World Trade Organisation, UNCTAD and the like. The third edition focuses on global economy and its transmission to India. The global economic condition is perhaps at its best since the World War-II, mainly because of the upward trend in international relations, and aggressive bilateral, multi-lateral as well as regional treaties concerning trade and economy among various countries throughout the globe. An updated table of contents reflects the latest research findings and practices up to the year 2005. The latest edition offers new chapters on Competitive Analysis, Competitive Strategies, Technical Environment, Globalisation, International Retail Management and the World Trade Organisation (WTO) covering right up to Hong Kong Ministerial 2005. Additionally, some assorted current topics such as Performance of Foreign Trade Policy 2004-09, Export Taxes, Composition of Trade, Direction of Trade, Foreign Direct Investment, External Commercial Borrowings, Non-residential Deposits and Exchange Rate Movements have been given due place in the book. Each chapter concludes with a summary, a list of questions and case studies for ready reference. The bibliography is exhaustive including Internet references for further studies. A must read book for MBA, International Marketing and International Trade students and researchers.
International Marketing
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Author : John Shaw
language : en
Publisher: Routledge
Release Date : 2008-01-28
International Marketing written by John Shaw and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-28 with Business & Economics categories.
Marketing is a universal activity that is widely applicable, regardless of the political, social or economic systems of a particular country. However, this doesn't mean that consumers in different parts of the world should be satisified in the same way. The 4th edition of International Marketing has been written to enable managers and scholars to meet the international challenges they face everyday. It provides the solid foundation required to understand the complexities of marketing on a global scale. The book has been fully updated with topical case studies, examples of contemporary marketing campaigns, the most relevant discussion topics as well as the most up-to-date theories, references and research findings. It is this combination of theory and practice that makes this textbook truly unique, presenting a fully rounded view of the topic rather than an anecodotal or descriptive one alone. The book includes chapters on: * Trade distortions and marketing barriers * Political and legal environments * Culture * Consumer behaviour * Marketing research * Promotion and pricing strategies * Currencies and foreign exchange Accessibly written and designed, this book is the most international book on marketing available that can be used by undergraduates and postgraduates the world over. A companion website provides additional material for lecturers and students alike.
International Marketing Management
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Author : Ralph Berndt
language : en
Publisher: Springer Nature
Release Date : 2023-05-23
International Marketing Management written by Ralph Berndt and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-05-23 with Business & Economics categories.
For every company that is active internationally, a systematically operated cross-national marketing management is indispensable in order to secure its own existence in the long term. The rapid changes on many markets and in many countries also mean that professional information gathering and processing of market-relevant data must take place within the framework of international market research. Based on this data, market-oriented decisions have to be made within international marketing management in order to achieve operational goals. This book deals not only with the "classic" topics of international marketing, such as international market research and the international use of individual marketing instruments, but also with the various management sub-functions of planning, controlling, organization and human resources management in internationally active companies, each with a specific reference to marketing in the sense of market-oriented corporate management. The theoretically presented correlations are enriched by current data on the relevant framework conditions on international markets, empirical findings on the individual fields of action of international marketing management as well as numerous current examples from entrepreneurial practice. With this comprehensive presentation of international marketing management, the authors address lecturers and students as well as practitioners who deal with marketing issues in an international context.
Global Pricing Strategies Theoretical Concepts And Practical Experience
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Author : Jochen Volm
language : en
Publisher: GRIN Verlag
Release Date : 2002-09-15
Global Pricing Strategies Theoretical Concepts And Practical Experience written by Jochen Volm and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-15 with Business & Economics categories.
Seminar paper from the year 2001 in the subject Business economics - Investment and Finance, grade: 1,7 (A-), Pforzheim University (Economics), course: International Activities, language: English, abstract: Falling trade barriers between national markets, the rise of newly industrialized countries and technological changes have affected the structure of international markets and imposed new challenges on the international business environment. The bases of competition within many markets are changing so much that the opportunities to survive with purely domestic strategies are becoming limited. One of the implications of these developments is that the efforts of many international firms to maintain profits by reducing costs or increasing production quantities has reached a limit in many markets. Therefore a lot of managers are concentrating more and more on another determinant of profit: pricing. Indeed, a good pricing management is able to increase profits and liquidity, and therefore shareholder value. While achieving economies of scale through their global operations, companies still have to act locally. The increasing importance of the price suggests that traditionally simple methods (e.g. cost or competition related pricing) are not enough to meet the requirements anymore. As a consequence, more comprehensive pricing strategies have to be developed in order to still be successful in future. When defining a global pricing strategy, international firms should consider several determinants that influence pricing decisions in international markets. The following paper takes a closer look at the different significant determinants required to set up a global pricing strategy as well as the different pricing strategies that can be used to reach the determined goals. In order to visualize aspects of the pricing process, practical examples are used to help to understand the importance of different elements within pricing management.
International Marketing
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Author : Klaus Backhaus
language : en
Publisher: Bloomsbury Publishing
Release Date : 2017-03-24
International Marketing written by Klaus Backhaus and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-24 with Business & Economics categories.
International Marketing is an adaptation of a best-selling German text, which considers the global marketing arena from a new and original perspective. It focuses upon international marketing primarily as the coordination of a company's different national marketing programmes. How can for example an exchange of marketing knowledge across borders add value to a company's position in other markets? What impact does the exchange of goods and information across borders by customers have? What effect can 'going international' have on an international cost position? How can lead markets act as a guide to future developments in other countries? International Marketing takes a comprehensive look at all the underlying concepts, using a wealth of truly European examples and substantial case studies.
Factors Affecting International Marketing
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Author : Seifu Habtemichael Woldemariam
language : en
Publisher:
Release Date : 2022
Factors Affecting International Marketing written by Seifu Habtemichael Woldemariam and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
As the pace of globalisation intensifies, it is becoming ever more incumbent on firms to ensure that they respond effectively to the relevant customer needs and expectations in the markets. In this regard, excellence in strategy-making and strategy implementation is of crucial importance to both transnational companies and global companies. Pricing & pricing decisions, Channel Structures & strategies, and advertising strategy are factors affecting both transnational companies and global companies on international marketing. The paper discussed some of the basic factors that affect pricing decisions in international market, including cost, price elasticity of demand, competition, nature of products and exchange rate fluctuations. International marketers apart from these costs' issues must consider a number of environmental issues such as currency fluctuations, inflation, government controls and subsidies, and competitive behaviour when making pricing decisions. The paper also analysed some of the key variables that influence global channel structures and strategies, including characteristics of the global distribution system, product characteristics and competitive climate. Although analyse and comments on the debate of “standardisation versus localisation” and how that applies to global advertising.
International Marketing
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Author : Simon Majaro
language : en
Publisher: Routledge
Release Date : 2012-11-26
International Marketing written by Simon Majaro and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-11-26 with Business & Economics categories.
Re-issuing this successful book in its seventh edition the author starts with an overview of basic marketing concepts and their applicability on an international basis. It then covers each ingredient of the marketing mix and explores them in relation to multinational markets. Each ingredient is studied in the light of the fundamental question: 'How far can it be standardised internationally or in a research-based cluster of countries?' Research, planning and organisation problems receive particular attention. A whole chapter is devoted to 'Creativity and Innovation' on a global scale.
International Marketing Strategy
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Author : Hans Birger Thorelli
language : en
Publisher: Penguin (Non-Classics)
Release Date : 1973
International Marketing Strategy written by Hans Birger Thorelli and has been published by Penguin (Non-Classics) this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
Anthology of readings on international marketing management - covers market access, market planning, distribution networks, price disparity, competition, trade margins, political aspects (incl. Commercial policy), common markets, multinational enterprise operations, foreign investment, etc. References.
International Marketing Strategy
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Author : Isobel Doole
language : en
Publisher: Cengage Learning
Release Date : 2001
International Marketing Strategy written by Isobel Doole and has been published by Cengage Learning this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.
This text looks at context, techniques and strategies involved in successful international marketing. It sets out to provide a good balance of the theory and implementation behind international marketing.