2nd Puc Business Studies Model Question Paper 2019 Kannada

Marketing isn't what it really used to be. In today's world, more and more companies are doing business in countries around the world, which means more challenges for professional marketers. If you're planning on expanding your company to the global marketplace, you need to stay informed on current trends in international marketing so that you can choose which would be most effective on your company. Here then, are some of those trends and several basic details about each one of these.

Social media. One of the most effective tools for today's professional marketers might be summed up by 50 % words: social websites. No longer just something for sharing pictures of family and cute pet videos, social network sites like Facebook, Twitter, Instagram and more are actually an undeniably common approach to market and advertise your services worldwide. The power of social websites like a marketing device is evidenced from the major league firms that now utilize it with impressive results: manufacturers like Nike, Starbucks, Pampers, NASA, Denny's and more can attest to the belief that social networking is still an incredibly effective avenue for marketing products and services around the world.

Video advertising. Live video streaming is often a feature that has become popular among social networks. Using live video streaming for international marketing and advertising efforts is especially effective due to the power to give consumers and prospective customers the chance to experience a "real-time" event irrespective of where these are on earth. Several companies are finding live streaming to become a particularly useful method to conduct question and answer sessions with viewers. This kind of active participation generates a unique connectedness involving the business and its customers, greatly enhancing loyalty to the brand on the part of the participants and allowing the viewers to deliver live testimonials in regards to the products or services.

AI (Artificial Intelligence). International companies are currently going through the power of AI to more effectively track and analyze consumer shopping behaviors in countries around the world. This type of information was, until just, an extremely time-consuming and challenging set of statistics which was typically only available to the largest, most profitable companies which had the manpower required to collect and analyze the results. But due to AI, such a information will quickly be within the grasp of marketers being employed by virtually any size organization.

Cross-sector marketing. Put very simply, cross-sector marketing refers on the practice of employing very good of other brands to improve the reputation and success of your own. The fast-food industry offers a good instance of cross-sector marketing at its simplest level. Studies have shown that fast-food restaurants which can be clustered together within a short distance of just one another report markedly higher sales than these in more isolated locations. This may sound counterintuitive, however the truth is that several unique fast-food restaurants located within the same few blocks provide the consumer having a huge assortment of choices and increase the likelihood that shoppers will stop to consume. Professional marketers project that cross-sector international marketing can become more commonplace on this coming year, including an increase in strategic partnerships to achieve a greater degree of success for the people involved. Marketing is, without a doubt, not what it really used to be. The fact is that our digital age provides marketing professionals with more opportunities than any other time. Although these trends are very important to bear in mind, understand that the main element of any international marketing strategy is something far more basic: you should be capable of effectively communicate with consumers and customers far away. And that will mean employing the services of an experienced, professional translator. The first step within your international marketing efforts can take place today by contacting a professional translation company and choosing the translator that best suits your organization's needs.

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