GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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price
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promotion
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strategy
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place
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Detailed explanation-1: -A marketing strategy refers to a business’s overall game plan for reaching prospective consumers and turning them into customers of their products or services. A marketing strategy contains the company’s value proposition, key brand messaging, data on target customer demographics, and other high-level elements.
Detailed explanation-2: -Customer focused marketing is the process of determining customer needs and wants in order to drive the working force behind the company’s products or services. Managers in the company must determine key factors about its customers in order to steer its marketing approach.
Detailed explanation-3: -a marketing strategy is the means by which a marketing goal is to be achieved. Two factors that usually characterize a marketing strategy are: a specific target market and a marketing program to reach it.