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Time:2023-12-12 19:31:12 Source:www.crownsoft007.com
Following the evolution of the international situation, consumption levels, per capita wealth, and supply and demand have experienced changes in various regions. Therefore, when trading globally, revenue relations should be localized and differentiated, which not only helps to maintain the brand image, but also helps to promote the company's reputation internationally.
Why this topic all of a sudden? The reason is that in our recent online research, we found that many products are priced the same globally. Adjusting the price to the level of developed countries without taking into account the economic consumption level of each region has resulted in the loss of many customers as well as damage to the brand's reputation, which is really not desirable for word-of-mouth marketing.
Therefore, it is crucial to have a global marketing plan in place for companies wishing to conduct global marketing campaigns. Today, we will show you some guiding suggestions: the theme is to adjust the pricing according to the consumption level of different regions in order to achieve the relevant goals, and the implementation of this goal is not simple because it requires investigating the prices of each region as well as categorizing the various customers. The former can be done in a variety of ways, such as checking local currency exchange rates, using market item currency conversions, and finding local people to get a general idea.
Finding local customers, however, is relatively cumbersome; misjudging a customer's area can be embarrassing, and a sudden change in prices can lead to a change in someone's impression of you. Therefore, in addition to knowing the prices, you need to know the local customers accurately. Based on our recent knowledge of the market, there are usually two options to solve this problem. First, you can add local national groups, community groups, regional groups, or even search for group chats that contain local place names, with a correct rate of 80% or more, it is quite reliable data. The second way is to use third-party software, such as WhatsApp number filtering software, etc. These software can generate numbers based on country/area codes to help you screen potential customers, and the success rate is greater than the first method.
To summarize, these are the outlines of the area related marketing guidelines that we have brought to you, and we hope that these suggestions will help you.