{"id":34885,"date":"2021-12-21T11:55:39","date_gmt":"2021-12-21T16:55:39","guid":{"rendered":"https:\/\/smps.org\/?p=34885"},"modified":"2023-06-16T09:37:10","modified_gmt":"2023-06-16T09:37:10","slug":"globalization-and-a-e-c-marketing","status":"publish","type":"post","link":"https:\/\/smps.org\/2021\/12\/21\/globalization-and-a-e-c-marketing\/","title":{"rendered":"Globalization and A\/E\/C Marketing"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-34897 size-full\" src=\"https:\/\/smps.org\/wp-content\/uploads\/2021\/12\/SMP362-Marketer-Globalization-1280x570-1.webp\" alt=\"Globalization and A\/E\/C Marketing\" width=\"1280\" height=\"570\" \/><\/p>\n<p>According to Merriam-Webster, globalization is defined as \u201cthe act or process of globalizing: the state of being globalized; especially: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.\u201d<\/p>\n<p>Though this definition has an economic slant, it\u2019s relative to other identified types of globalization. Social, technological, financial, economic, political, cultural, ecological, and sociological globalization are some of the more commonly studied. In short, globalization is the increasing interconnectedness of our world that has been happening for many years (starting with modern spice routes back in the 7th century) but has been rapidly accelerating over the last 50 years.<\/p>\n<p>Yet, recently, with the global pandemic, there has been discussion about a return to isolationism. So, what do we, as marketing professionals, need to understand about globalization and how it affects our firms and the businesses we\u2019re building? Let\u2019s look at a few of the types of globalization that affect the A\/E\/C industries.<\/p>\n<p>To read more, download the <a href=\"https:\/\/smps.org\/wp-content\/uploads\/2023\/06\/Globalization-and-AEC-Marketing_Marketer-December-2021.pdf\" target=\"_blank\" rel=\"attachment noopener wp-att-34893\">full article<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Article, written by Jennifer Van Vleet, CPSM, first appeared in the December 2021 issue of Marketer journal.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to Merriam-Webster, globalization is defined as \u201cthe act or process of globalizing: the state of being globalized; especially: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets.\u201d Though this definition has an economic slant, it\u2019s relative to other [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":41413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center 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