in creating marketing strategies to cope with inflation, managers must realize that, regardless of what happens to the seller's cost, the buyer is not going to pay more for a product than the subjective value he or she places on it.

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13-09-2022
Business

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in creating marketing strategies to cope with inflation, managers must realize that, regardless of what happens to the seller's cost, the buyer is not going to pay more for a product than the subjective value he or she places on it.

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abbusaicharan02 abbusaicharan02 · Answer 1 · 2022-09-17T13:40:35+02:00

A marketing strategy refers to the overall strategy of a company to reach potential consumers and convert them into customers for its products and services. A marketing strategy includes your company's value proposition, key brand messages, customer demographic data, and other high-level factors.

The 4 P's are the 'marketing mix' made up of the four main elements used to market products and services: product, price, location and promotion. Businesses typically consider the 4 P's when creating marketing plans and strategies to effectively market to their target audience.

The 10 Most Common Types of Traditional Marketing

Outbound Marketing. When a marketing strategy is labeled "outbound," it focuses on how the message is delivered. ...

Personalized Marketing. ...

Direct Mail. .

Partner Marketing.

Telemarketing. ...

Public Relations (PR) Marketing. ...

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