what are the differences between marketing in a developing and a developed market?
TRANSCRIPT
Developed countries
Huge potential markets for food, clothing, shelter, consumer electronics and appliances
Developing countries
Relying on developing markets for survival and growth
Developed countries
80% of the population dealing with issues of affordability, equity and Infrastructural deficiency and % expected to increase
Developing countries
Account for 20% of the total population
Developed countries
Developing countries
Economic and cultural differences, poor marketing infrastructure and local competition
Lessons gleaned from developing countries used to better compete here