Marketing is omnipresent, and it applies to international markets also. This course aims at exposing the students to international markets and providing an indepth knowledge of the forces influencing the marketing practices in overseas markets.
International marketing concepts, difference between international and domestics marketing, Basic functions of International marketing, Forms of marketing in overseas market (direct and indirect exporting ) EPRG orientation
Export marketing research and market selection, factors influencing market selection, Market entry strategies (licensing, franchising, turnkey, joint venture, piggybacking, partnering.
Product planning for international market: Product designing (Standardization Vs. adaptation), Branding and Packaging, Labeling and Quality issues, International Product Life Cycle (IPLC)
International Product promotion, International Promotion mix, (Advertising, Personal Selling, Direct Marketing, Public relations, Sales Promotion), Qualities of export Salesperson, Problems in export promotion
International distribution channel: meaning , factors affecting selection of distribution channels, types Transportation, Packaging, Marine Insurance, Warehousing.