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Strategic Marketing

   

Added on  2023-02-02

16 Pages737 Words96 Views
Strategic Marketing

Table of content
Adaptation and standardization of marketing mix
CBBE model
Integrated marketing communication
Measurement of success

Adaptation and standardization of marketing mix
Standardisation: This is referred to the strategy where a firm expands its business operations
using its existing products and services. Under this, the firm implements similar pricing as
well as promotional strategies
Adaptation: This method requires a company to develop a whole range of unique products
and services in a way that it attracts more customers and satisfy the needs in a better manner.

Continue.....
Product: The product strategy used by Bristol Cars is adaptation, and the offering is
Driverless Car”.
Price: Premium pricing strategy is being adopted by Bristol Cars Limited
Place: The firm would be using online channels as a distribution method along with offline
showrooms.
Promotion: Alongside standard methods like social media, company would use exclusive
preview of Driverless Car as an effective promotional tool

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