Master in International Business - Marketing: Distribution, export prices, promotion
The module “International Marketing and strategies of Internationalization” (32 ECTS) is part of the following Higher Education Programs
taught by EENI Global Business School:
The module “International Marketing and Strategies of Internationalization” covers the analysis of the global marketing strategies.
The objective of the module is to provide all the knowledge, tools, and techniques necessary to manage all the technical aspects related to the global marketing of an exporting company:
International Pricing, product, promotion, brand, segmentation, distribution,
strategies of Internationalization.
Subjects of the Module “International Marketing and strategies of Internationalization”
Anyone who wishes to do international business should be primarily a strategist, capable of designing global strategies tailored to each
target market. In this module, we will analyze the main concepts of the strategies of internationalization for the exporting companies as well as several success stories of different companies.
Anyone involved in the global business (export, subsidiaries, or displaced
workers) negotiates with people from different cultures and languages. With the knowledge of the culture of other countries, it is possible to avoid the intercultural
conflicts.
The study of Intercultural Management will allow us to know to manage this important aspect of the international business.
The final step in an strategy of internationalization is usually the implantation abroad (subsidiaries sales, production sites, or joint ventures).
The Foreign direct investment (FDI) reflects the objective of obtaining a lasting interest by a resident entity in one economy (direct investor) in an entity resident in another country different from the investor (direct investment enterprise).
The organization and functions of the Export Department and the role of the Conference on Trade and Development and Investment (UNCTAD)
will also be considered.
Finally, the principles of a Global Ethics
for international business
will also be analyzed.
The objectives of the module “International Marketing and strategies of Internationalization” are:
To learn about the key concepts
of International Marketing
The student will analyze the purpose of the international marketing, explore the concepts of price and value to the customer, examine the marketing mix in the context of the export marketing and discuss the key elements of an
export marketing plan
To understand the key tools and concepts of international market research and how best to apply them.
A PEST analysis is an analysis of the external macro-environment that affects all the firms
To learn the international product policy key areas, the importance of a product adaptation to the local requirements when entering new export markets and analyze the product characteristics that typically need to be modified for the different markets
To understand the importance of an appropriate International Pricing Strategy when entering new export markets
To examine the pricing options available to the exporter and outline the criteria to be used when establishing a pricing strategy
The criteria defined in pricing under the Incoterms
To learn the importance of an appropriate International Promotion Strategy when entering new export markets, examine the promotion options available to the exporter, outline the key points to note when designing a company brochure and analyze the available tools when implementing a promotion campaign
To understand the influence of a country's brand on its export performance
To understand the fundamentals of the international fairs, the appropriate preparation and attendance and its related follow-up activity
To understand how to plan and prepare a business trip to a prospective export market and the follow-up, which will then be required
To learn the importance of planning an appropriate International Distribution Strategy when entering new export markets, examine the distribution options available to the exporter, outline the criteria to be used when selecting a distribution option and analyze the strategies that can be implemented for the consumer and/or industrial products
To know the channel options, that may be used when entering
a new export market
We are going to examine the direct and indirect export channels available to the exporter, analyze the functions of the importers and representatives, discuss the use of a company personnel and sales or production subsidiaries as well as explore
franchising, licensing and other channels of international distribution
To examine the process of evaluating, recruiting and managing international sales representatives and the mechanism involved in selling into the department stores and hypermarkets
To understand the importance of the international segmentation in the global marketing and the strategies of Internationalization
To know the targeting strategies: concentrated, differentiated, product specialization, market specialization, full market coverage
To know the main brand strategies: global, regional or local
To
understand the process of brand value creation in the global markets
To know the strategies of positioning a brand in the international markets
To understand the concepts of e-business and digital business models that a company can deploy, as well as the importance of the strategy, marketing and technology in an e-business project
To analyze the goals of an export department and how to benchmark them
To offer a global vision on the Foreign direct investment (FDI)
To learn the different strategies to establish a company abroad
To examine how the diversity of the cultures can influence the outcome of an International Marketing Plan
To understand the key concepts related to the Trade-Related Aspects of
Intellectual Property Rights
To learn about the tools that a company can implement to fight against corruption
To understand the pillars of a Model of Global Ethics for the international business