Market intelligence helps you to become customer-centric, understand the market demands and consumer opinions, collect real-time relevant data,…
Describe the project Outline the potential solutions resulting from the project List the criteria for evaluating these solutions…
A competitive analysis should examine your competitors’ features, market share, pricing, marketing, differentiators, strengths, weaknesses, geography, culture and…
McDonald’s Positioning Statement: For individuals looking for a quick-service restaurant with an exceptional customer experience, McDonald’s is a…
What Does Retail price mean? The retail price is the price that the customers pay for the final…
Premium pricing (also called image pricing or prestige pricing) is the practice of keeping the price of one…
Types of Growth Strategies: Two types of growth strategies are developed that include Internal and External Market penetration:…
Amazon uses a variety of traditional marketing strategies, including print and digital advertising, when promoting their products. The…
Why is Step 6 of the planning process so important? It is needed to determine if the selected…
There are four types of competition in a free market system: perfect competition, monopolistic competition, oligopoly, and monopoly.…