Global Marketing: Adapting Your Plan for International Success
by Kara McGaharan, Account Manager
Expanding your business beyond domestic borders allows you to tap into new markets, reach diverse audiences and enhance innovation by applying new insights from your new markets. Operating in more markets can even insulate your company from the impact of instabilities in your home country.
But marketing internationally requires you to adapt your strategies for different cultures, customer preferences, regulations, languages and currency fluctuations.
Getting Started: Market Research for Global Expansion
Before you begin marketing internationally, it’s essential to perform market research so you can understand the unique characteristics, preferences and nuances of your new target market.
Follow these steps:
- Define your objectives for expanding into this new market
- Gather market data to analyze potential customers
- Perform a competitive analysis to understand brands that may currently occupy the market in this country or region
- Study the regulations to ensure your products and marketing will be accepted
- Consider economic factors, like inflation, taxation and international conflicts
- Learn the language and communication styles
- Research the culture so your marketing and communications will be sensitive to your new audience’s standards and expectations
- Study consumer behavior
- Explore partnership opportunities with well-known international organizations and/or companies local to your new markets
Identifying Your Target Markets
Selecting international target markets involves careful consideration of many factors to ensure a strategic fit and successful market entry.
Infrastructure: The transportation, communication, energy and logistics networks within the country must be strong to ensure smooth business operations. An unstable infrastructure could create bottlenecks, supply chain issues and a lack of resources.
Regulatory environment: Consider trade policies, compliance requirements and potential barriers to entry. Are there any requirements for your products to be sold in this country? Can you meet those requirements?
Industry trends: Are there any industry changes or developments happening in this country? Are there new technologies, shifts in consumer behavior or new competitors?
Regions: Each region has a unique culture. Study each area so you can adapt your marketing efforts accordingly.
Tailoring Your Marketing Strategies
When bringing your product to market and determining where to share your message, consider how and where the target audience likes to shop, their preferences on social media platforms, local laws and current trends that are big in the area, such as sustainability or health.
As you’re crafting your marketing content, it’s important to consider cultural factors, such as:
- Communication styles
- Color symbolism
- Values and social norms
- Cultural taboos
- Consumer behavior
- Styles of and tolerance for humor and wit
- Personal space and touch
- Gender roles
- Religious influences
Developing a Global Brand
While your marketing materials will likely shift to adapt to the new international market, your brand should remain consistent to build credibility, trust and loyalty.
Selecting Your Marketing Channels
The right channels for your content depend on various factors, such as your target audience and the goals of your campaign.
- Digital Advertising: Ads on Google, social media, etc.
- Benefits: Targeted advertising, precise audience segmentation
- Social Media Marketing: Facebook, Instagram, X, LinkedIn, TikTok
- Engage with diverse audiences, build brand awareness and leverage user-generated content
- Search Engine Optimization: Google, Bing, Baidu
- Improve visibility in search results
- Ability to target international keywords
- Content Marketing: Blogs, Videos, Podcasts
- Share valuable content, establish thought leadership and connect with your audience
- Email Marketing/Marketing Automation: VBout, Mailchimp, Constant Contact
- Personalized communication, targeted messaging and nurturing international leads
- Influencer Marketing: Instagram, TikTok, YouTube
- Leverage local influencers to connect with specific audiences, build credibility and increase brand visibility
Navigating Regulatory and Legal Challenges
Here are some common regulations you’ll need to account for in your marketing and business strategies:
- Local laws: Understanding local advertising laws, data protection regulations and consumer protection laws
- Intellectual property protection: Protecting trademarks, patents and copyrights globally to prevent infringement and maintain brand integrity
- Data protection: Compliance with various data protection laws, such as GDPR in Europe
- Advertising standards and transparency: Avoid false or misleading advertising to maintain credibility
- Product labeling and packaging: Ensuring that product labeling and packaging comply with local regulations, including language requirements, safety standards and ingredient disclosures
- Import and export regulations: Complying with import and export laws, including tariffs, customs regulations and trade restrictions to facilitate international trade
Discover Global Marketing Success with MadAve Marketing Management
At MadAve Marketing Management, you’ll work with a dedicated marketing manager backed by a team of specialists who can help you expand your marketing reach.
Ready to learn more? Complete this form or give us a call at 419.462.9000.
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