Marketing Strategy

Marketing
Strategy
6/23/2019

Marketing Strategy: 1
Table of Contents
Introduction......................................................................................................................................2
Marketing Strategy..........................................................................................................................2
Implementation of Marketing strategies..........................................................................................2
Strategy for Customers....................................................................................................................4
Conclusion.......................................................................................................................................4
References........................................................................................................................................5

Marketing Strategy: 2
Introduction
In this report detailed discussion is made on marketing strategies. Marketing strategies plays
crucial role to develop and to establish a new business. Companies which launch their new
products for gaining the customer attention and to earn profit on that these strategies are used.
These strategies help management of company to launch any product in market with to earn
profit.
Marketing Strategy
The plans in which people are approached by an organization to convert them in customers for
using their products or service is known as marketing strategy. These plans consists of all the
information related with customer including their preference in brand, their life style, their
budget and purchasing history and other useful data. In the competitive market to achieve
sustainable goals or targets of company marketing strategies are used for long term development
(Chen, Chien, Yang, and Chen, 2019).
Implementation of Marketing strategies
A company of New South Wales launch their new electric bike and by considering the factors
population, income, life style, preferences of transportations, family size etc. New South Wales
is 5th Largest state of Australia, population of this state is 7.41 billion. Company chooses market
of New castle for their product. This city is chose for the product by considering the population