When a company is looking at the foreign markets and selling their products within those markets the seller needs to be aware of the different cultures and customs or beliefs of that market. Many times people forget that all markets are not the same. What may be okay here in the United States may not be the same in another country. Researching is the main key into the success of a product aside from the price of the product which is just as important. I have seen many shops close down because they were in a conservative spot. A lingerie shop in a small town is not anything people want to see and as a matter of fact there used to be one in this small town but it moved to another county because of the commotion that it stirred. People around here are very conservative in their thinking and thought that it should not be allowed to be a business here. Most of the products that we purchase in the United States comes from another country which means that we will pay a higher cost for that product or service because it can be sold here for a higher price.
Tammy Hopkinson, MBA College Life 1 Minute
Published by Tammy Hopkinson, MBA
I love to write, spend time with the family, and work for the things that I have. It has not always been an easy road but it never is. The more challenging it is the more she loves life. Her goal is to achieve her dreams of having her own business one day. I hope that you enjoy the articles that I write. Some of them are personal experiences that I hope enlighten others. Happy reading! Enjoying life to the fullest. :) View all posts by Tammy Hopkinson, MBA