Elements and Performance Criteria
- Formulate international marketing objectives
- Select viable international marketing opportunities and develop objectives that are consistent with the organisation's capabilities and resources
- Identify measurable international marketing objectives that are consistent with the organisation's strategic direction, and identify the nature and extent of what is to be achieved in the international market
- Formulate strategic objectives and related key performance indicators by product, service, country or international grouping, and overall
- Develop a risk management strategy to manage contingencies and ensure marketing objectives are met in accordance with overall organisational requirements
- Determine international marketing approach
- Research international marketing opportunities and determine global or customised approaches for promotion of products or services
- Evaluate options for choice of marketing approaches
- Select a marketing approach that meets marketing objectives, international market conditions and consumer preferences
- Determine operational structures
- Evaluate business culture and consumer preferences, and identify compatible marketing structures
- Identify options for operational marketing structure and rank them in terms of their strengths and weaknesses in servicing international markets
- Choose an operational structure that best fits the international market and product or service
- Manage international marketing performance
- Communicate international marketing objectives across the organisation in ways suited to culture, customs, levels of knowledge, experience and needs of personnel
- Identify and agree roles, responsibilities and accountabilities of staff and contractors involved in all elements of marketing effort
- Develop a communication strategy to ensure that personnel responsible for each element of marketing mix work together to meet organisation's marketing objectives
- Manage marketing effort to ensure it is directed towards areas of greatest potential for the organisation
- Manage integration of marketing, promotional and any sales activities in accordance with international marketing objectives
- Evaluate and improve international marketing performance
- Monitor product, pricing and distribution policies in relation to market changes, objectives of marketing plan and organisational requirements
- Monitor overall marketing progress against performance targets to ensure activity, quality, cost, and time requirements are met
- Analyse, review and revise marketing outcomes and objectives
- Analyse successes and performance gaps as to cause and effect, and use them to improve international marketing performance
- Analyse changes in market phenomena, and identify and document their potential impact on international marketing objectives
- Document the review of marketing performance against key performance indicators in accordance with organisational requirements