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Global & Domestic Marketing


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Global & Domestic Marketing

... Global & Domestic Marketing Keneisha Dunlap University of Phoenix MKT-421 GA04BSMO9 Gina Owens- Ricks January 31, 2006 America is a world of opportunity, but we also live in a continental domestic market of opportunity. Firms can no longer afford to only pay attention to their domestic market, regardless of how large it is. Global marketing is dangerous because of some external environmental factors industries face like economical, political, legal, cultural, and social. However there are only two that stand out most frequently that is economical, and cultural. Every culture is very different rather it is clothing, values, or food. When doing business internationally you have to know how to market to your foreign consumer. In the textbook example cultural diversity Campbell's Soup developed a marketing strategy specifically for their soups. "Campbell's Soup has had some successes and some failures in doing this. The successes include hearty vegetable and fat-free soups in Australia, duck-gizzard soup

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