10 Email Marketing Best Practices to Increase Engagements, CTR, And ROI
Comparison between international marketing and domestic marketing
1. Comparison Between
Domestic Marketing & International Marketing
Domestic Marketing
“It is concerned with the marketing
practices within the researchers or
Marketers home country
(domestic market).”
International Marketing
“It is the performance of business
activities designed to plan, price,
promote and direct the flow of a
company’s goods and services to
consumers or users in more than
one nation for a profit.”
2. Currency
It involves exchange in the
basis of same currencies.
It involves exchange on the
basis of different currencies.
Domestic Marketing International Marketing
3. Government Interference
Government in interference
is zero or minimum only
incase of essential
commodities.
Exchange takes place under
government rules and
regulations. There is high
degree of government
interference.
Domestic Marketing International Marketing
4. Barriers
Domestic Marketing
Domestic marketing
has no such
restrictions.
International Marketing
International trade is
characteristics by tariff
and non tariff barriers.
5. Languages & Cultures
One language and culture.
Culture does not affect in
domestic marketing.
Trade should be done taking
diverse into consideration. Even
things like color combination can
be affect the trade.
That is, many
languages and difference in
cultures.
Domestic Marketing International Marketing
6. Competition
Competition is not as intense
as it is in international
marketing.
Competitor’s behavior
Predictable
International Trade is subject
to intense competition.
Competitor’s behavior Harder
to observe & Less Predictable
Domestic Marketing International Marketing
7. Mode of Payment
Cash, Cheques, DD’s are the
most common.
Letter of credit is normally as
mode of payment.
Domestic Marketing International Marketing
8. Risk
Domestic Marketing is also
subject to risk but not as
high as international
marketing.
International Marketing is
subject to high risk. Political,
foreign exchange risk, bad debt
risk are few of them.
Domestic Marketing International Marketing
9. Research Data
Available in single language.
Easily accessed.
Found in foreign languages.
Difficult to obtain or interpret.
Domestic Marketing International Marketing
10. Mobility of Factors of Production
Domestic Trade enjoys
greater mobility in factors of
production.
Factors of Production are relatively
immobile as compared to domestic
marketing.
Domestic Marketing International Marketing
11. Market Aspect
Market is much more
homogeneous and different
segments.
Different or diverse
markets fragmented in
nature
Domestic Marketing International Marketing
12. Distribution channels
Channels are easy to
Monitor & Control.
Carried out by intermediaries.
So it’s much harder to monitor.
International MarketingDomestic Marketing
13. Made & Presented By :
Rohit Kochhar 4522/13
Rusin Mishra 4502/13