International marketing is marketing done by
companies overseas and across international boundaries. International marketing
which today is also known as Global marketing looks at the entire world or
globe as one large market place to market its products. However this may not be as simple as it
sounds. It involves strategic planning taking care of firm-level marketing
including market identification, targeting, entry mode selection, conducting
market research, pricing policies, marketing mix, marketing segmentation
involving accessibility, profitability etc. and various other time decisions to
be made to compete in International markets.
International marketing has evolved over the
years with the changes happening around and with new technologies coming in. So
international marketing focuses on the various new technologies, how these can
be implemented into marketing and therefore along with the traditional practices
they will also implement newer technologies, online marketing strategies etc.
International marketing also includes domestic
marketing, export marketing, foreign marketing, multinational marketing etc.
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