MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A marketing plan documents how to focus marketing efforts. In good marketing strategy, what’s at the center of all the efforts?
A
The competitors
B
The business
C
The product
D
The customer
Explanation: 

Detailed explanation-1: -By putting the customer at the centre of your marketing strategy, and navigating towards becoming a customer-centric business, you can differentiate your brand, drive growth, and create lifetime value from customers who love you beyond the products you sell.

Detailed explanation-2: -A marketing plan is a document that lays out the marketing efforts of a business in an upcoming period, which is usually a year. It outlines the marketing strategy, promotional, and advertising activities planned for the period.

Detailed explanation-3: -What are the 4Ps of marketing? (Marketing mix explained) The four Ps are product, price, place, and promotion. They are an example of a “marketing mix, ” or the combined tools and methodologies used by marketers to achieve their marketing objectives.

There is 1 question to complete.