INTRODUCTION (CONTINUE…) -Competitive advantage, refers to having a competitive advantage over the other rival business firm. -Competitive marketing strategy comprises of mainly cost leadership, differentiation, cost focus, and differentiation focus
ELEMENTS OF COMPETITIVE MARKETING STRATEGY Within the cost leadership, a firm makes a number of effort to become the low cost producer in its industry. Within a differentiation strategy, a firm thrive to be unique within its competitive industry. The focus strategy is concerned with deeply observing the competitive market and formulating the strategic steps.
Declining MarketFinancialTrustCostMargins 4 The Problem
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MARKETING PROGRAMME A marketing programme is a set of pre defined set of standards that are being followed in order to achieve its formulated plans and strategies. 6
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