Products and Economy
Only after careful study of the economic conditions should be the products marketed. Otherwise, one product successful at a place will be a failure in other countries. Every product need to adaptable to the local market in the country in which it is being sold.
Price and Economy
The price for which a product is being sold in an economy varies upon the economy of the targeting location. A competitive price at the home country may not be feasible in the foreign country. In some rare cases, a products being manufactured on large scale can compete with local products and this should be watched while marketing products internationally.
Marketing Channels and Economy
While marketing a product it is advisable to check whether the product can be marketed in partnership with a local marketing channel for better economical aspects. And in some cases creating a marketing channel where competition is less will be good as far as economic aspects are concerned.
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