Wednesday, May 22, 2019

Marketing Strategies Essay

Marketing strategies are not effective and they are just a fad for different organizations.Agree/ discord Sultan LashariIn statement Marketing strategies are not effective and they are just a fad does not fit in the parameters of kind statement it forces us to consider the health of the statement in terms of profit impact of tradeing strategy. Marketing strategy more have its contend of setbacks in the merchandise moves if that is given the status not being effective. It does not mean holding back growth. Companies often desire a equilibrise product portfolio. (Kotler) To treat marketing strategy as just a fad is on the wrong basis, because the strategy changes in terms of several report strategic factors that goat be explored to make changes of the situation.The term fad is a product life cycle type and a fad curve represents promptly popularity and a sudden decline and extended fad except that residual sales at a fraction of earlier sales after the sign success . A soph isticated marketing planner must be able to ask the right questions and planning strategy must relate to the line of building right kind of approach which is nothing but a path way to achieve the desired end in competitive market environment. (Forsyth) In order that marketing strategy is shaped to win-win situation that is to be termed effective, it must see that marketing strategy is devise around the portray, a crabby product is in the product life cycle which has a typical pattern from traditional, boom or classic, fad, extended fad, seasonal or fashion, revival or nostalgia and bust. In fad time, sales look likeFADSalesTimeIn devising marketing strategy, we must keep in header that it can only be considered effective if we do not disregard the basic fact that product promotion has a direct bearing to the stage a product is at in the product life cycle. Formulating and implementing marketing strategy is a distinct decision-making focus. Planning and executing the marketing strategy involves many inter-related decisions such as what to do, when to do it, and how it should be done. (Forsyth) This is got to be based on the nature of the organization and its product portfolio. The reason for calling marketing strategies ineffective or different organizations could be attributed to something for saying sake. As a matter of fact, marketing strategies involve various market situations and one need to make decisions intelligently.The process of formulating and implementing marketing strategies involves corporate objectives and strategy. (Forsyth) The marketing is the game of variable and by placing heavier accent on one or more of the marketing variables that is product, price, promotion and distribution, the winning platform can be labeled. The entire marketing concept leaves much to imagination in developing correct mix (Kotler) . In a nutshell, devising marketing strategies necessitates delinquent diligence on the stage, the product is in the product life cycle because you have to understand market opportunities in or business level objective, for refreshful market entries, for growth markets an or mature and declining markets. This enables the marketers for correct target marketing and product positioning. (Kotler) Works CitedForsyth, P. Every thing you need to know.Kotler, P. Management skills in marketing.

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