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In: Economics

What would a global marketing strategy consist of? What would you take into consideration during planning?...

What would a global marketing strategy consist of? What would you take into consideration during planning? What would be the benefits of a marketing strategy?

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Expert Solution

Answer : Global marketing strategies means a process of adjust your company strategies in such a manner that provides logical result. It consists such as :

  • Brand name of the product should be same and creating the popular brand culture as well as branding of the product is identical and same.
  • Packaging of your product in every country is exactly same.
  • In global marketing level of product quality is supreme.
  • Standard advertising message should be provided .
  • Harmonious level of development of product in the market area

Answer : Factors taken into consideration while planning are :

  • Innovlement of each and every level of management in the planning of a goals for an organization.
  • Commitment in an organization by each and every person in order to attain proper formulation of goals.
  • Planning required thinking of different management skills in an organization.
  • Proper goals should be planned with different level of management.

Answer : There are various benefit associated with Marketing strategy are :

  • Increase connectivity with the customer.
  • Develop lasting relationship with your customer.
  • Improve brand positioning and main Relationship with customer.
  • Helps to. build authority and creditability.
  • Provide effective value
  • Creation of valueable Product in the market
  • Attract customer
  • Provide vast knowledge to the customer
  • Motivate customer to purchase the product.

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