International and Domestic Marketing Comparison Paper: India and the United States

The analysis concluded that outlying India offers enormous opportunities which businesses can tap with regards to growth and progress. However, companies experience many challenges inside tackling the outlying markets. 833 million people have a home in India when compared with 377 million inside urban India therefore vast untapped opportunities can be purchased in rural India, but marketer struggle to tap these opportunities due to lack of infrastructure facilities. Literacy rate is lacking in rural area so people can't identify brand difference. However, now the literacy rate is also increasing in rural India. Variety of middle and greater income household inside rural India is anticipated to grow from 80 million to 111 thousand. There is swift development in infrastructure these opportunities attract companies to rural market. Using some technologies development in distribution as well as marketing of goods in rural Indian, companies in outlying market can earn more profits, marketplace share, etc. The Rural market is often a greater future prospect for your marketers and there are various opportunities available for him or her in rural

Marketing is nothing but the process to sell the product to the consumers in order to satisfy customers’ needs and to obtain profits. According to the American Marketing Association (AMA)"international marketing is the multinational process of planning and executing the conception, pricing, promotion and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives. In today’s competitive environment, there is a necessity for many companies to be globalized, to remain in this competitive market and satisfy customer’s needs across the world.

The case discusses the strategies adopted by the soft drinks and snack foods major PepsiCo to enter India in the late 1980s. To enter the highly regulated Indian economy, the company had to struggle hard to 'sell' itself to the Indian government. PepsiCo promised to work towards uplifting the rural economy of the terrorism affected north Indian state of Punjab by getting involved in agricultural activities. In addition, it made a host of other promises that made its proposal very attractive to the regulatory authorities. The case also discusses the criticisms leveled against the company, in particular, criticism of its failure to honor

Note: These questions are illustrative. In addition to studying this set, you should also consult the relevant chapters of your text and your lectures notes. Review this set and feel free to discuss with me, should you have any questions or concerns.

I might want to express my unique much appreciated of appreciation to my educator Ms. Ila Chaturvedi who provided for me the brilliant chance to do this heavenly extend on the point Motivation, which likewise helped me in doing a considerable measure of Research What’s more I came to think about such an expansive number of new things I am genuinely grateful to them.

Kotabe, Masaki and Helsen, Kristiaan, Global Marketing Management – 3rd Edition, John Wiley & Sons, Inc – Publishers, Copyright 2004, ISBN 0-471-23062-6

Marketing is one of the most fundamental aspects in any business success. In fact it is what you say and the way you say it whilst trying to explain how a certain product or service is, giving your target audience reason why to use or purchase it. Marketing can be a bunch of things, whether promotion, an ad, a brochure or a press release. It can simply be a Facebook page or even a Twitter account. In order to increase revenues, one tries to market his business to a great number of people. It plays an essential role in our every-day lives. Each person nowadays uses marketing one way or another without even realizing.

Ghauri and Cataora, in their book, “International Marketing”, state that “the analysis of international Marketing in emerging markets is imperative in today’s business environment.” Indeed, with the saturated markets and low future growth prospect in developed economies such as the US and Western Europe, emerging markets such as China and India are becoming unprecedented attractive for investors for their rapid economic growth and open and stable political landscape. However, before an investor decides to invest in any region of the world, a market research needs to be conducted to present if a market is suitable for an investment. To determine the feasibility, an international marketer needs to research into a country’s economic

Marketing strategy is an important aspect of any business's sales and long-term success. As outlined by Ataman et al. (2010), it is the entire marketing mix that has an impact on the performance of mature brands in the long term. One of the factors in the marketing mix is the place. For mature businesses, it is extremely important to explore new locations and opportunities for resources and expansion. Oviatt and McDougall (1994) elaborate that while there are organizations that operate on the International level since inception; there are others for which it is really important to explore new ventures. The authors present a framework for this purpose in which they identify four elements that are important for multinational enterprises. These characteristics include internalizing some transactions, relying on alternative governance for accessing resources, establishing advantages through foreign locations and gaining control over unique resources. Emerging markets are proving to be the center for new ventures because of the opportunities, unique resources and facilities they have to offer. Other than the physical resources and legal facilities, as outlined by Catorelli and Goldberg (2009), there has also been immense globalization of banking because of which local as well as foreign owned banks are increasing their exposure for cross-border funding to increase opportunities for capital, rather than just concentrating on

The process of penetrating and then developing an international market is a difficult one, which many companies still identify as an Achilles ' heel in their global capabilities. Two aspects of the typical approach are particularly striking. First, companies often pursue this new business opportunity with a focus on minimizing risk and investment—the complete opposite of the approach usually advocated for genuine start-up situations. Second, from a marketing perspective, many companies break the founding principle of marketing—that a firm should start by analyzing the market, and then, and only then, decide on its offer in terms of products, services, and marketing programs. In fact, it is far more

Ralph Lauren is an American publicly trading company which markets and sells luxury apparel, accessories, fragrances, and home furnishings worldwide. It was founded in the year 1967 by Ralph Lauren. The company also has various sub brands such as Polo by Ralph Lauren, Ralph Lauren Purple, and Ralph Lauren Black to name a few (Reuters, 2016).

In a relatively short time span of 20 years, India has moved from pavement markets to swanky malls, from frugal minded consumer to who want it all and from a population largely obessed with celebrity gossip to one which yearns to gain knowledge. India is taking

In the marketing mix we chose local responsiveness and local responsiveness is when there are differences between countries in the structure of market segments, a unique marketing mix to appeal to a certain segment in a given country may be necessary. And we chose it because in India they need low price products with low quality, the people in India wants specific products and it’s different than what the other countries needs.

Moreover, the economic framework of India’s industrial or servicing sector does not denote a highly competitive environment. But it is not so. The concepts of marketing are adopted by Indian industries with great interest. The prime reason behind this is that India is developed as a mixed economy country hence it posses several feature of a free marketing economy due to the participation of private sector in a very wide range of indus¬trial and commercial activities.

| Gender * Male > 70% * Female < 30%Age * Below 30: 28% * 31 – 50: 60%Annual Income Level (in RMB) *