Marketing term definitions

International marketing

🎉 THe fun  definition:

International marketing is like trying to cook a gourmet dish using ingredients from multiple countries' cuisines, hoping every picky eater (a.k.a. global customer) will not just stomach it, but also crave seconds. It's the art of selling your product to people who might not even share your alphabet, all while navigating currency exchanges and time zones like a savvy business James Bond—minus the tuxedo, unless that’s your thing. If you can figure out what makes a customer tick in Tokyo versus Timbuktu, congrats, you're doing international marketing!

🤓 THe nerdy  definition:

International marketing refers to the strategic process by which businesses design and conduct marketing campaigns across multiple countries to reach a global audience. It involves understanding diverse consumer behaviors, cultural differences, regulatory environments, and economic conditions of each target market. Companies must tailor their marketing mix—product, price, place, and promotion—to align with local preferences and norms while fostering a cohesive brand image worldwide. Successful international marketing requires not only a deep understanding of global market dynamics but also an efficient deployment of resources and capabilities to adapt and respond to competitive challenges in different regions.

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