answersLogoWhite

0

1. identifying the customer

2. designing timeshare according to the customer requirements

Well, to make a certain brand stand out from the rest, you must also identify ways to beat your competitors. Effective advertising usually is costly. So, cost must also be considered.

With regards to the ways of marketing, it is not much of a problem. There are numerous ways nowadays that are effective. The problem is these ways mostly involve a significant cost. Thus, you should evaluate if it is just to pursue such strategy and how it will benefit your company.

User Avatar

Wiki User

15y ago

What else can I help you with?

Continue Learning about Marketing

What is a internet marketing manager?

Internet Marketing Managers is the person who is responsible for creating and implementing online marketing strategies to increase sales and revenue for your business or company.


Why jollibee is in regular marketing phase?

Jollibee is in regular marketing phase so as to retain and increase its market share in business. This is one of the ways of dealing with competition.


What are elements of a modern marketing system?

That basic principle of traditional marketing is OFFERING SERVICES FOR SALE. But Modern marketing systems and technology is currently used by hundreds of smaller practices with a high success ratio. Because they have innovative ideas to share with the clients and they are giving success in business too.


What might happen if a business neglects the marketing information management?

If a business neglects marketing information management, it risks making uninformed decisions that can lead to ineffective marketing strategies and wasted resources. Without accurate data on customer preferences, market trends, and competitive analysis, the business may struggle to identify its target audience and adapt to changing market conditions. This oversight can ultimately result in decreased sales, diminished brand reputation, and loss of market share. In a competitive landscape, failing to manage marketing information effectively can jeopardize the business's long-term viability.


A low market share niche business can be as profitable ROI as a high-share business?

yes it can

Related Questions

What is a internet marketing manager?

Internet Marketing Managers is the person who is responsible for creating and implementing online marketing strategies to increase sales and revenue for your business or company.


Why jollibee is in regular marketing phase?

Jollibee is in regular marketing phase so as to retain and increase its market share in business. This is one of the ways of dealing with competition.


Marketing is important?

Marketing is important because it allows you to share your products and services with a niche audience strategically. It helps you tell, show, and PROVE to people how terrific your business is and how you can help them


What is product oriented marketing?

Product oriented marketing is a business approach that focuses on the firm's product in trying to garner more market share for a firm. Other approaches include sales and market orientation.


What are elements of a modern marketing system?

That basic principle of traditional marketing is OFFERING SERVICES FOR SALE. But Modern marketing systems and technology is currently used by hundreds of smaller practices with a high success ratio. Because they have innovative ideas to share with the clients and they are giving success in business too.


Purpose of market?

Marketing helps businesses get their products in customer's hands. With the right promotions, a business can gain market share with their promotions.


What might happen if a business neglects the marketing information management?

If a business neglects marketing information management, it risks making uninformed decisions that can lead to ineffective marketing strategies and wasted resources. Without accurate data on customer preferences, market trends, and competitive analysis, the business may struggle to identify its target audience and adapt to changing market conditions. This oversight can ultimately result in decreased sales, diminished brand reputation, and loss of market share. In a competitive landscape, failing to manage marketing information effectively can jeopardize the business's long-term viability.


What is a money marketing stock broker?

share market


What attitude of business to the postwar boom gave rise to the marketing concept?

Businesses quickly came to realize that if they were going to get their share of those dollars, they were going to have to become more consumer-oriented


What is your expert opinion on international marketing?

International marketing is an excellent opportunity for a business to grow and even stabilize it's market share if executed properly. Growing into new economic geographies and cultures allows for new opportunity and security against a failing local market.


What are the key factors to consider when evaluating the effectiveness of a marketing strategy?

The key factors to consider when evaluating the effectiveness of a marketing strategy include the return on investment (ROI), customer engagement and response, brand awareness and perception, market share growth, and alignment with business goals.


A low market share niche business can be as profitable ROI as a high-share business?

yes it can