7. What are marketing strategies?
Marketing strategies are a process of using the marketing
mix to satisfy and attract consumers to make a profit for
the organization. There are many types of strategies such
as
• Market Scope Strategy
• Product Strategy
• Promotion Strategy
• Pricing Strategy
• Distribution Strategy
8. Marketing Strategy Development
1.Understanding Customer
2.Analyse the Market
3.Analyse the Competition
4.Research Distribution Channels
5.Define Marketing Mix
6.Analyse the Financials
7.Review and Revise