Briefly explain the components of international advertising strategy. What are the advantages and disadvantages of standardization of international advertising programme?

International advertising strategy involves a comprehensive plan that outlines how a company will promote its products or services across different countries and cultural contexts. The key components of an international advertising strategy typically include market research, target audience identification, communication objectives, media planning, budgeting, and creative execution.

1. Market Research: Conducting thorough market research is crucial to understand the preferences, needs, cultural nuances, purchasing behaviors, and media habits of potential customers in different countries. This helps in determining the most effective way to communicate the message to diverse audiences. Companies need to analyze demographic, psychographic, and socio-economic data to ensure the relevance of their advertisements in different regions.

2. Target Audience Identification: Based on market research, the next step is identifying the target audience in each country. Companies may need _____ _______ ____ _______ _______ ______ __________ ________ _____ __________ ____.
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