Dear Esteemed Readers,
Welcome to the latest edition of "Future Mortals," your go-to destination for all things related to cutting-edge marketing & branding strategies and trends. In an era where the Business landscape is constantly evolving, we are thrilled to embark on this journey of knowledge-sharing and innovation with you.
International marketing is about getting to know a potential international audience that your brand is interested in reaching, understanding the value of international marketing, and investing consistently in global marketing and advertising. With a bit of marketing management and attention to your distinct audience, international marketing won’t feel too different from the work your business does domestically.
International marketing can help bring your business to the global stage, revealing opportunities to reach customers that your brand has not engaged yet. In this overview, you’ll find tips for beginners, including information on international marketing research, international marketplace segmentation, and why international marketing is more important than ever in today’s business world.
What is international marketing?
International marketing is the marketing of products or services outside of your brand’s domestic audience. Think of it as a type of international trade. By expanding into foreign territories, brands are able to increase their brand awareness, develop a global audience, and of course, grow their business.
The complexity of international marketing comes in the details. While domestic marketing takes place in the same country, international marketing is anything that happens outside that nation’s boundaries, with a focus on the nuance of speaking to that international audience and trying to understand the culture, language (where applicable), and customs that may not be familiar to your brand.
When expanding to international markets, brands must understand the right ways to reach audiences in those regions with their messaging. That may come in the form of a language barrier, or even something as nuanced as a cultural norm that may not be applicable to your domestic audience. The important part of international marketing is intention and research. Doing international marketing research up front and developing international marketing strategies specific to the new audiences your brand is engaging with will make all the difference when it comes to whether your foray into international marketing is successful.
Why is international marketing important?
International marketing is important because it opens your business to larger, international audiences.
On a brand level, international marketing is an opportunity for wider exposure, product awareness, and increased sales. Opportunities abroad are countless and tap into a wider audience than a business has access to if it conducted business domestically and nowhere else. But a larger aspect of international marketing is the implications it has for globalization and free trade.
The benefits of international marketing are two-pronged. Not only does international marketing support the economic diversification of your business, but it helps your business reach a global audience, extending the audience reach to areas previously untapped.
We do hope that has given you some useful thoughts.
We are excited to embark on this journey with you, exploring the vast realm of online marketing, branding, technology and other informative topics and sharing our insights to empower you in your business endeavours. The digital world is ever-evolving, and together, we'll navigate the trends, challenges, and opportunities that lie ahead.
Thank you for joining us on this enlightening ride. Stay tuned for the captivating insights and knowledge that we are all set to bring in each edition.
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