Primary models of international marketing Essay Example | Topics and Well Written Essays - 250 words

Primary models of international marketing - Essay Example This research is being carried out to evaluate and present the primary models of international marketing. These models include, polycentric, ethnocentric and geocentric. Ethnocentric is normally used to refer to refer to assumptions arising from national arrogance. They are conservative and hold the underlying factor that one method used in marketing and manufacturing is adequate and applicable to all other places. They uphold the view that products emanating from their country are superior by default and automatically get accepted in other regions. They do not consider aspects of modification and are not vigorous in their marketing campaigns. Contrary to ethnocentric approach or model, the polycentric approach dwells on the uniqueness of each region it is unveiling its products in. They put extra caution and consideration in regard to the people’s culture and give its products time to be assimilated into the people’s culture. If necessary, they would consider modifying their products to suit the perspective of their new targets. This approach invents new marketing strategies to capture the attention of new customers. On the negative aspect, modifications to fit into each setting may dilute the originality of the initial product and prove expensive for the company too. Considering the unique needs of individuals, cultures or religions in every region may be exhaustive too. Geocentrism embraces a more global approach to business. It levalises the business grounds to all parties as there is no special attention to the original company or the host.