Mass Marketing and general advertising may work for a specific product in a very specific and small segment of market and more so if we are dealing with consumer or products of very general nature. Mass Marketing is good for long term strategy and product s or services with very general public appeal.
Studies and research have shown that one of the most important determinants of IDM is for the Company's top executives to make these efforts a priority. A half-hearted effort will lead to failure in any market, and that is especially true in international markets.
International markets are coming closer and closer. The dismantling of trade barriers, the ease of air-transportation, better channels of communications, more prosperity in the world and various other geo-political economic factors are contributing to a more unified world marketplace. Few decades ago - You could have rejected a certain area or some areas as backward, poorer or lacking any purchasing capacity or having no sophistication at all for your products or services - however, TODAY - you can't afford to follow that notion.
Many of the countries of the world, even though - they give us images of war-torn , disastrous economy, uncultivated or uneducated mass of people, culturally or lingüistically impossible to penetrate - are in effect - as receptive to new products or services as a European nation has been. Many nations which appear to be poor by statistics and figures - actually do have sophisticated markets - although not large enough compared to a major industrialized nation. Obviously, Our lists usually will have fewer entries for these countries, than highly industrialized or large nations.
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