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Post by account_disabled on Oct 29, 2023 22:45:21 GMT -5
Goals and tasks The next elements of the marketing strategy are goals and tasks. Remember the SMART principle, which says that goals should be specific, measurable, achievable, realistic and time-bound. Using this analysis, we can be sure that our goals have been properly defined. Their development is particularly important, because they determine the direction of our activities. Examples of goals include: increasing sales by x%, increasing profits by x%, entering new markets or introducing new products. We recommend Marketing goals determined by the SMART method SWOT analysis You already have your goals set – what next elements of your marketing strategy should you set? SWOT analysis, your strengths, weaknesses as well as photo editor opportunities and threats in the environment. It helps to determine your current position and set development prospects. Diagnose your strengths - what are we better at than the competition? What can we be praised for? Same weaknesses - what are the competitors better at than me. What competitor activities attract my customers? Analyze the opportunities that exist in the market, for example: you have resources that are unavailable to competitors. As well as threats, such as the coming war. Elements of marketing strategy - competition analysis If you want to create an effective marketing strategy, you need to conduct an in-depth competition analysis.
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