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What else can I help you with?
What is the definition of differential marketing?
its a market-coverage strategy in which a firm decides to target several market segments, and design separate offer for each. for example., hindustan lever limited has lifeboy, lux and rexona in popular segments and liril and pears in premium segment.
Why is place important in marketing?
The place is important to a business because it is all the people will go to buy the service. The place also decides if it easy to buy the survive or not.
Core marketing concepts?
The core concept of marketing is to highlight a product's features, so that customers can match them with their needs and wants. When a customer decides to try the product, the goal is to get them hooked.
How much money is spent on advertising each year?
Millions of Pounds are spent on advertisings each year and dont forget every time someone decides to put their ad on they have to pay for it
Marketing managment vs marketing strartgy?
Hey there, I'm glad you're digging into this topic! Marketing management and marketing strategy are like the dynamic duo of the business world. Let me break it down for you. Marketing Management is like the engine that keeps the car running smoothly. It involves the day-to-day operations of a marketing department or team. This includes tasks like budgeting, resource allocation, team coordination, and performance tracking. Think of it as the nitty-gritty details that ensure all marketing efforts are on track and driving towards the company's goals. On the other hand, Marketing Strategy is like the roadmap to your destination. It's the high-level plan that guides all your marketing activities. This involves market research, target audience identification, competitive analysis, and setting overall goals. It's about understanding your audience, knowing what makes your product or service unique, and finding the best ways to reach potential customers. Once you have a solid strategy in place, the management part kicks in to execute it effectively. Let me share a little story from my own experience. Back in my early days as a marketing consultant, I was working with a startup in the tech industry. They had a fantastic product, but they were struggling to gain traction. After diving deep into their operations, I realized their marketing management was a bit scattered. So, we streamlined their processes, created clear KPIs, and established regular team meetings to ensure everyone was on the same page. Once we had that foundation, we focused on crafting a killer marketing strategy. We conducted thorough market research, identified their ideal customer personas, and devised a multi-channel approach. The result? Their sales skyrocketed, and they became a major player in their niche. Remember, it's not about choosing one over the other; it's about finding the right balance between management and strategy that suits your business's needs. Keep hustling!
What are the 3 generic strategies according to Michael porter?
1) every organization needs a start 2)strategy means pursuing a position that is unique 3)strategy decides companies position in market place 4)strategy to be socially beneficial-society wants choice (having innovation) 5)technology as an enabler
Lillian is looking for ideas to write about and decides to make a list of everything she can think of that relates to the topic of teenage romance Which concept best describes Lillians strategy for?
Brainstorming
Leila reads about someone who opened a drink can and how the drink exploded all over him. Leila decides the drink must have been a carbonated beverage. What strategy is this?
making predictions
Who decides what good literature is?
who decides what good literature is ?
Who is the official who decides whether the batsman is out?
the umpire decides if the batsman is out or not
When was The Snake Decides created?
The Snake Decides was created in 1988.
When was The Lady Decides created?
The Lady Decides was created in 1950.
When was A City Decides created?
A City Decides was created in 1956.
Who decides who goes on a coin?
The government decides, and then it has to be approved by the U.S. Mint.
Who decides what the rules are going to be in football?
The commissioner decides on the rules in football.
Who decides if a treaty is unconstitutional?
The Executive branch decides is a treaty is unconstitutional
Who decides whether a territory can become a state?
the supreme court decides
