global promotion main
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GLOBAL PROMOTION
SUBMITTED TO: SUBMMITED BY:
Mrs. CHHAVVI JAIN ANJALI GUREJANI
HARSHIKA GUPTA
ANUKRATI GUPTA
GLOBALPROMOTION
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WHATISINTERNATIONALMARKETING?
International marketing (IM) orglobal
marketing refers to marketing carried out by
companies overseas or across national borderlines.
This strategy uses an extension of the techniques
used in the home country of a firm. It refers to thefirm-level marketing practices across the border
including market identification and targeting, entry
mode selection, marketing mix, and strategic
decisions to compete in international markets.
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4PSINMARKETINGMIX
PRODUCT
PRICE
PLACE
PROMOTION
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PROMOTION
Promotion embraces all efforts by an international
business to enhance the desirability of its product
among the potential buyers.
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GLOBAL PROMOTION
GLOBALPROMOTION
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Promotion
objectives
Problems and
opportunities in
promotional
activities
Legal issues
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4 ELEMENTS OF PROMOTION MIX
Advertising
Sales promotion
Personal selling
Public relation
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ADVERTISING
It is any paid form of non-personal
presentation and promotion of goods
or services by an identified sponsor.
Higher income countries tend to spend
more on advertising.
U.S. has especially high advertising
spending.
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CONSTRAINTSONADVERTISING
Language Difference
Government Controls
Agency AvailabilityEconomic Difference
Cultural Diversity
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GLOBAL ADVERTISING
International TV channels: CNN, BBC
Magazines with regional editions:
Time, Newsweek, Playboy,
Cosmopolitan
International newspapers: Financial
Times, Wall Street Journal
Internet
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ADVERTISING PROGRAMMES
The firm needs to consider three factors whiledesigning its advertising programmes:
The message it wants to convey.The media available to convey the
message.The extent to which the firm wants to
globalise its advertising efforts.
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PERSONAL SELLING
Based on personal contacts.
Commonly known as salesmanship.
Requires high cost
Effective for developing confidence in
a customer
Works well with high-unit value and
infrequently purchased products
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PROCESSOFPERSONALSELLING
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ROMOTION
Prospecting
Pre-approach
Approach
Presentation
Handling objections
Closure
Follow-up
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SALES PROMOTION
Consists of a diverse collection of incentive tools,
mostly short-term
Offer incentives to buy Works well for low unit value and high turnover
products
Sales promotion activities are constrained by local
laws that may not permit the use of somepromotional tools.
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TOOLSOFSALESPROMOTION
Samples
Coupons
Cash refunds
Premiums
Patronage rewards
Free trail
Contests
Sweepstakes
Price packs15
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PUBLIC RELATIONS
Public relations (PR) is a the practice of managing
the flow of information between an individual or
an organization and the public.
Designed to promote a companys image or its
individual products
Old name is publicity
Plays an important role in assisting in the launch of
new product, repositioning etc
Gains political allies
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OTHERUNIQUEFORMSOFGLOBALPROMOTION
Government Role
Trade Fairs
Barter and Countertrade
Bribery Miscellaneous Measures
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CONSTRAINTSON GLOBAL COMMUNICATIONS
STRATEGIES
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Language barriers
Cultural barriers
Local attitudes toward
promotion Production/cost
Media availability
Promotion regulations
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PROMOTIONASA MEANSOF POSITIONING
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How do people see advertising
and promotion efforts?
Promotion as a means to
communicate benefits of product
use of product
product image
Differences in desires by
culture
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