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INTERNATIONAL MARKETING#1

The process of promoting and selling products or services across national borders, considering cultural and legal differences.

LOCALIZATION#2

Adapting marketing strategies, content, and products to meet the cultural and linguistic needs of specific local markets.

RISK ASSESSMENT#3

The systematic identification and evaluation of potential risks that could impact international marketing strategies.

GLOBAL STRATEGY#4

A comprehensive plan that outlines how a business will operate and compete in international markets.

MARKET ENTRY STRATEGY#5

A plan for how a company will enter and establish itself in a new international market, including modes like joint ventures or direct investment.

CULTURAL NUANCE#6

Subtle differences in cultural practices and beliefs that can significantly impact marketing effectiveness in different regions.

SWOT ANALYSIS#7

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to business competition or project planning.

KEY PERFORMANCE INDICATORS (KPIs)#8

Quantifiable metrics used to evaluate the success of an organization or of a particular activity in which it engages.

MARKET RESEARCH#9

The process of gathering, analyzing, and interpreting information about a market, including information about the target audience.

COMPETITIVE LANDSCAPE#10

An analysis of the competitive environment within a specific market, including key competitors and their market share.

TARGET MARKET#11

A specific group of consumers identified as the intended audience for a product or service.

CONSUMER BEHAVIOR#12

The study of how individuals make decisions to spend their available resources on consumption-related items.

BRAND POSITIONING#13

The process of positioning your brand in the mind of your customers, differentiating it from competitors.

STAKEHOLDER ANALYSIS#15

The process of identifying and assessing the influence and importance of key stakeholders involved in a project.

COMMUNICATION PLAN#16

A strategy for delivering key messages to stakeholders and ensuring consistent communication throughout a project.

RESOURCE ALLOCATION#17

The process of assigning and managing assets in a manner that supports an organization's strategic goals.

IMPLEMENTATION PLAN#18

A detailed plan outlining how a strategy will be executed, including timelines, roles, and responsibilities.

FEEDBACK LOOP#19

A process in which outputs of a system are circled back and used as inputs, allowing for continuous improvement.

MARKETING MIX#20

The combination of factors that can be controlled by a company to influence consumers' purchase decisions, typically summarized as the 4Ps: Product, Price, Place, Promotion.

DIVERSIFICATION STRATEGY#21

A risk management strategy that involves adding new products or services to a company's portfolio.

CROSS-CULTURAL MARKETING#22

Marketing strategies that take into account the differences and similarities between cultures to effectively communicate with diverse audiences.

VALUE PROPOSITION#23

A statement that explains how a product or service meets the needs of customers, highlighting its unique benefits.

EVALUATION FRAMEWORK#24

A structured approach for assessing the effectiveness and impact of marketing strategies.