what are the differences between marketing in a developing and a developed market?

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Post on 18-Aug-2015

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Potential Market

Developed countries

Huge potential markets for food, clothing, shelter, consumer electronics and appliances

Developing countries

Relying on developing markets for survival and growth

Challenges

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

Market Practices

Developed countries

Developing countries

Economic and cultural differences, poor marketing infrastructure and local competition

Lessons gleaned from developing countries used to better compete here

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• Mingfong• le cabri