Domestic Buyers

Posted in Marketing and Strategy Terms, Total Reads: 3182

Definition: Domestic Buyers

The goods or service providers define consumer as a person or group who will be the final user of the goods or service provided.

The company must decide whether to launch the new product in a single locality, a region, several regions, the national market, or the international market. Most will develop a planned market roll out over the time.  Large companies will introduce their product into a whole region and than move out to the next region. Most companies design their product for the domestic market. If the product does well, the company considers exporting to other countries. When the company launches the product in the domestic market, it is available for domestic buyers only.

Browse the definition and meaning of more terms similar to Domestic Buyers. The Management Dictionary covers over 7000 business concepts from 6 categories.

Search & Explore : Management Dictionary

Share this Page on:
Facebook ShareTweetShare on G+Share on Linkedin