To give students an in-depth knowledge of international marketing
To familiarize with the business environment and the students should be able to analyze the various strategies adopted by exporters while positioning their product globally
9.00
Unit I:
International Marketing:
Nature and Scope
International Marketing Vs Domestic Marketing
Importance of International Marketing
Problems and Challenges of International Marketing
9.00
Unit II:
Market Entry Strategies
Licensing
Franchising
Exporting
Turnkey Contracts, Joint Venture, Mergers and Acquisition
Direct and Indirect Exporting
9.00
Unit III:
Product Planning & Development
Product Planning
Product Line and Mix
Product Life Cycle
Product Mix Decisions
Promotion- Advertisement, personal selling, trade fairs & exhibitions
9.00
Unit IV:
International Pricing
Domestic & International Marketing
Pricing Objectives
Factors Influencing Pricing
Process of Determination
Inco Terms.
9.00
Unit V:
Physical Distribution
Meaning, Characterstisics of Channels of Distribution
Types of Export Channels of Distribution
Factors affecting Logistics or Physical Distribution
Promotion of Products
Promotion Mix, Components and Decisions
Essential Readings:
1. Kothari, Jain, Mittal., International Marketing, RBD Jaipur.
2. Bhattacharyya, Varshney., International Marketing, Sultan Chand & Sons New Delhi.
References:
Kothari, Rajesh., International Marketing, RBD Jaipur
Vasudeva, P. K., International Marketing, Excel Books, New Delhi.