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  2. Marketing strategy - Wikipedia

    en.wikipedia.org/wiki/Marketing_strategy

    Marketing strategy refers to efforts undertaken by an organization to increase its sales and achieve competitive advantage. [1] In other words, it is the method of advertising a company's products to the public through an established plan through the meticulous planning and organization of ideas, data, and information.

  3. Market penetration - Wikipedia

    en.wikipedia.org/wiki/Market_penetration

    Developing a new marketing strategy to entice more customers to purchase or continue purchasing. Become price competitive as a swaying factor for customers to choose a product or service over another company. Use special promotions or offers to grab attention.

  4. Customer value proposition - Wikipedia

    en.wikipedia.org/wiki/Customer_value_proposition

    Gaining a customer's attention and approval will help build sales faster and more profitably, as well as work to increase market share. [2] Understanding customer needs is important because it helps promote the product. A brand is the perception of a product, service or company that is designed to stay in the minds of targeted consumers ...

  5. Marketing - Wikipedia

    en.wikipedia.org/wiki/Marketing

    An organization's marketing planning process is derived from its overall business strategy. Marketing plans start by identifying customer needs through market research and how the business can satisfy these needs. The marketing plan also shows what actions will be taken and what resources will be used to achieve the planned objectives.

  6. Customer to customer - Wikipedia

    en.wikipedia.org/wiki/Customer_to_customer

    Since the customer to customer marketing strategy is strongly focused on serving the customer, the business model of Craigslist is simple: serve the customer first. Utilizing this model, Craigslist has developed into a prime example of a customer to customer driven 'machine', which focuses on the customer selling to the customer.

  7. Ansoff matrix - Wikipedia

    en.wikipedia.org/wiki/Ansoff_matrix

    To achieve increased sales for its current products, the company adopts more assertive promotion and distribution strategies. [3] This can be accomplished by: Adjusting pricing strategies to boost sales volumes. Increasing marketing and promotion efforts to attract new customers. Acquiring competitors to increase market share.

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