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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.
MARKET TRENDS#14
Patterns and tendencies in the market that can influence consumer behavior and business strategies.
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.