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Marketing strategy for managers - Essay Example

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Author : nova96

Summary

This essay tells us about the main marketing strategies a good manager should follow to bring the success for a company. A proper marketing strategy can build a strong and permanent customer base by providing them products and services that meet the maximum level of demands of the customers…

Extract of sample
Marketing strategy for managers

The essay demonstrates that the ability of a firm in establishing a profitable customer base and relationship highly depends upon the marketing manager. The contribution of the marketing manager in the success of the business in due course of time enhances the personal perspectives as well. Development of the buyer-seller relationship enhances dynamically and this takes place through the generation of linkages and relationships with entities of the external marketplace especially between the channels and that of the end users. Strategy enhancement is another dimension that develops as a personal perspective. The lifetime value of a customer can be said to be a driver that helps in the determination of the quantity of resources that a firm generally invests in a particular relationship. The mangers with their developed strategies attract the potential customers and maximize their investment in valuable resources along with the minimization in the non valuable investments. Individual capabilities develop with time and the representation focuses towards a hardcore customer centric approach leading to the optimal fulfillment of their demands. The development of knowledge and that of the management of interaction is a kind of technology development and can be regarded as a key resource for the establishment of a long term and profitable customer relationship. A perfect blend of sales, marketing and that of service information system will act as a key variable in the development of robust paratnership with the customers. ...
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