KTM018: When formulating the marketing program for international markets, it

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Assignment Task

When formulating the marketing program for international markets, it is often decided that an adapted international pricing strategy will be used to reflect differing levels of competition, market maturity, and affordability across international markets. Whilst this has that it can encourage the emergence of “grey markers

Evaluate the causes and implications of grey markets for brand owners and explain what actions an international marketer can take to eliminate or reduce the likelihood of grey markets emerging.

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