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BUS 343 International Marketing

The Application of marketing principles to satisfy the various needs and wants of different people residing across the national borders is called International Marketing as per the course BUS 343 International Marketing. In other words, to undertake the marketing activities in more than one nation is known as International Marketing.  Distinguish between Domestic and International Marketing under BUS 343 International Marketing is as Follows:

When the company products are sold within the local financial markets than it's called domestic marketing. Planning, conception and execution of ideas, pricing etc. are involved in domestic marketing to satisfy the needs of consumer.

While in the international marketing the promotion and sale of products are done to consumers in different countries. It requires a huge amount of financial resources.

To establish an effective marketing a well formed marketing strategy is necessary to be implemented. A well-formed marketing Strategy helps to define vision, mission and business goals as per the course BUS 343 International Marketing.

BUS 343 International Marketing course carry 3 Credits total, The course explores examination of cultural, economic, & political factors that affect services and marketing of goods worldwide. Emphasis is on adapting the marketing strategies of domestic marketers to international operations & the institutional structure that exists in international markets. Marketing strategies of firms operation within these markets are also explored in this course.

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