Explore the world of marketing! Learn about fundamental concepts, strategies, and tactics to effectively reach your target audience, promote your brand, and achieve your business goals.
Experiential marketing, or engagement marketing, is a marketing strategy that becomes increasingly popular. By directly engaging consumers and having them participate in the brand experience.
Companies use green marketing to transform the world positively. So the obvious answer to why green marketing is important is the protection of planet Earth. However, going green also allows you to gain consumer confidence and loyalty, which will likely be a major selling point and set you apart from the competition.
Discover sustainable marketing, the strategy of promoting socially and environmentally responsible practices. Learn why it matters and how to implement it effectively.
Feeling unsure about making the right marketing decisions? Learn about the marketing research process and how it can help you understand your customers, identify trends, and outperform competitors. This article will walk you through the five key steps involved in conducting effective market research, giving you the tools you need to develop targeted marketing strategies and boost your business.
Branding is one of the key concepts in marketing. A crucial one: Without branding, your company and your products will lack meaning in consumers’ minds. However, with so many different branding strategies to choose from, it can be tough to figure out which ones are right for your company.
Some companies will swoop into a market with radically low prices as a strategy for attracting new clients. This is called a penetration pricing strategy. We’ll explore what penetration pricing is, how it works, how it compares to other pricing strategies, when it should be used and also look at some penetration pricing examples.
Price skimming means setting a high initial price for a new product, then gradually lowering it to capture more price-sensitive customers. Learn when it works and the risks to consider.
Product augmentation can be accomplished by adding a variety of different add-ons to the original product… The augmented product then contributes to a better customer experience. This also makes major contribution to brand loyalty and creates a favorable purchase experience for the customer.
Learn the secret pricing strategies that can take your business to the next level through our actionable guide on setting prices and boosting profits.
Ready to Expand Your Business? Understand the Big Picture First.
Doing business in a new market is exciting, but it comes with risks. Before you invest, learn about macro environment analysis. Discover how economic factors, political landscape, consumer trends, and more can make or break your success. Use tools like PESTLE Analysis and SWOT Analysis to make informed decisions!
