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MKT 501 – Explain why Marketing strategy

by | Dec 1, 2023 | Posted Questions

Explain why Marketing strategy is important in business which should be include the following;

? product strategy – product improvement & product development

? pricing strategy for the target market

? distribution strategy – how you would utilize distribution channel in making your product available to your target market/s

? promotion strategy – the appropriateness of the promotional tools utilized within a given marketing budget

? online marketing strategy – utilization of online tools to enhance your marketing effectiveness

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