The present ambiguity concerning the role of business models in marketing poses challenges to the understanding of how extant knowledge about business models impacts marketing. Business models can present the rationale of a firm and its international operations in a holistic approach. Markets worldwide present a broad array of prospects for firms from emerging economies. Business models empower firms to attain greater competitiveness in their home markets and augment their market reach worldwide. Standardisation and adaptation of marketing are important choices when considering operations in foreign markets. Supporters of internationalisation argue that there are overwhelming differences among countries and even between regions in one and the same country. Extant literature acknowledges that the marketing mix plays a vital role in implementing marketing successfully in various national contexts. Affordability relates to customers’ ability to pay a given price for the product or service.
|Title of host publication||Business Models and Firm Internationalisation|
|Editors||Christian Nielsen, Svetla T. Marinova, Marin A. Marinov|
|Number of pages||20|
|Publication date||22 Dec 2021|
|ISBN (Print)||9781032068756, 9781032068794|
|Publication status||Published - 22 Dec 2021|
|Series||Routledge Frontiers in the Development of International Business, Management and Marketiting|