Marketing strategy : Developing a marketing strategy involves identifying the channels that your target market uses to consume information and developing a plan to reach them through advertising. Promotion and other marketing initiatives Pricing Strategy : Developing a pricing strategy involves setting prices that are competitive with the market while still allowing the business to make a profit. Product Strategy : Developing a product strategy is developing new products or services that appeal to the target market and align with the business values.
Sales strategy : Developing a sales strategy is developing a plan to reach the target ma Armenia WhatsApp Number rket through sales channels such as direct sales, online sales. or third party distributors Customer Service : Developing a customer service strategy involves identifying the needs and preferences of your target market and developing a plan to provide excellent customer service that meets or exceeds their expectations. Overall, the Competitive Portfolio is a comprehensive plan that helps a business position itself effectively against its competitors in the market.
Competition analysis Identify strengths and weaknesses and develop a business differentiation plan that can help the business gain a competitive advantage and achieve longterm success. a Competitor Analysis is to use the information gathered in the previous step to develop a strategic plan for your business. Based on insights gained about your competitors You can identify areas of opportunity and potential threats to your business. And use this knowledge to create a plan that will help you stay ahead of the competition. Which you need to do is to begin analyzing competitors in detail and develop a strategic plan to gain a competitive advantage.