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Marketing Strategy Theoretical Framework
A well-defined and effective marketing strategy is instrumental in determining the success of any organization. A robust marketing strategy serves as the roadmap that guides businesses towards achieving their objectives, whether it’s increasing market share, expanding customer base, or enhancing brand reputation. Without a carefully crafted plan, businesses risk losing their competitive edge and struggling…
Non-Market Strategy: How to Gain Competitive Advantage Beyond the Marketplace
Business success extends beyond traditional market activities. While market strategy focuses on competition, customer needs, and revenue generation, there is another dimension that requires careful consideration: non-market strategy. Non-market strategy involves navigating the political, social, and regulatory environments that influence business operations and shape reputations. It is about proactively managing external factors to gain a…