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Q: What are the pros cons and risks associated nike's core marketing strategy?
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What are the risks associated with an email event marketing system in IT?

I would assume bandwidth and maintaining the servers to be the issues of risks involved.


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Reducing Risks


Need and importance of marketing research in service?

Market research is essential for the survival and growth of your business. It enables you to improve the competitive nature of your business and reduce your risks.


What are the risks of integrated marketing communications?

The marketer presenting non-integrated messages risks not having any of his or her messages processed because of the conflict that occurs in the consumer's information processing system. If for no other reason that the risk of confusion, marketers must integrate their messages or consumers will simply ignore them.


What do you mean by strategy?

In general terms, "strategy" refers to the choices that you have made that are irreversible (getting married, making children). When you invest a lot of your money is probably strategic. It's irreversible and you hope for a return. In terms of business, the strategy is than set of irreversible choices you will make to achieve your strategic objectives. You can decide to buy a new machine to produce more, hire new sales, give a higher marketing budget. If those activities are strategic will depend on your business model. Selling or buying activities, developing new products are said to be strategic as they involve resources in an irreversible way. In terms of business strategy, important investments you make in your value chain are probably strategic. In terms of corporate strategy it's more about getting the most of your business units while mitigating corporate risks. In terms of pricing, it's a different story. When you set a price and communicate it to the market you send a message. When this message is gone, you can't change it: it's nearly irreversible.Your pricing strategy will determine your anchor for negotiation. There are different pricing strategies. You could have a flooding pricing strategy where you want to be the cheapest to gain market share in an aggressive way (hard discount). Another strategy I have seen is to set prices quiet high in order to reduce progressively until it gets acceptable for the customer. By doing so you optimize your margins.

Related questions

What are the pros cons and risks associated with Nike's?

Pros yah can beat all the asses Cons they aint none Risks people will be at you nikes all the time, gotta protect them


What are the risks associated with an email event marketing system in IT?

I would assume bandwidth and maintaining the servers to be the issues of risks involved.


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The marketing strategy is a way to develop your marketing programs by turning marketing concepts right into a written and functional guide. Within the plan you assess of the talents, weak points, possibilities, risks, and overall market competition. Additionally, your marketing strategy evolves a method for interacting your message to exterior audiences; also it gives you a musical instrument for monitoring ongoing processes inside your marketing activities.


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