Complete standartisation of offerings and marketing interactions in Essay

Complete standartisation of offerings and trade interactions in International selling strategy is always the main goal to - Essay ExampleThe economic reforms adopted by the governments in different economies across the world led to the inflow of investments by the companies in the distant countries which opened up the global markets for the companies of different sizes across the world. The transformation in the business environment led to the modification in the foreign strategies adopted by the companies. Thus the marketing environment and the culture of the companies underwent rapid changes over the tip of time. The developments in the market environment and the strategies adopted by the organizations have come up in pronounce to respond to the changes in the consumer behaviour and demands of the customers in the economy. The advancement in communication technologies and other online applications as a result of strategic implementations in the global markets have changed th e outlook of the customers of the companies. The customers have become more sensitive of the instruction on the products and the services offered in the global argonna. The level of aw areness of the customers has increased and they have started to urge the different options for the products and services offered by the companies in the external markets. The customers have learnt to define their needs in a far better manner and seek solution to satisfy their wants on a consistent alkali (Andrus, 1990, p.430). Apart from this, there have an increase in the competition among the business houses for offering the products and services in the market. In order to gain competitive advantage, the companies started to focus on their strategies to avoid duplication of information on the products and services offered by the company. This led to the standardisation of the offerings and marketing interactions as an consequential trend in the international marketing strategies of the compani es. International Marketing strategy The standardization of product offerings and marketing interactions is extremely important for the international companies in order to increase the acceptability of the business in the eyes of their customers. As the approach of standardization helps the companies to achieve success in the business operations, the multinational companies include this approach in the international marketing strategies designed by the multinational organizations. The companies that have wide spread operations in various markets across international boundaries considers the changing trends of consumer behaviour in order to design international marketing strategies that are important for achieving successful and sustainable business operations. The experience and learning gathered by the companies in the local markets are applied to the several foreign markets where the company has expanded its operations. The companies ensure that there is no duplication of the inf ormation available to the customer on the product and service offerings of the company in different international markets. The international marketing strategy also takes into account the activities of promotion and marketing interaction done by the executive in several foreign markets. The sequence of penetration and expansion of the business in the foreign markets are important part of the international marketing strategy (Cavusgil, 1994, p.20). The multinational companies that operate in the different foreign market are faced with situations of varying market demands and consumer behaviour