What are the 2 major components of a marketing strategy

Asked by admin @ 22/11/2021 in Business viewed by 270 People

The first of two major components of developing a marketing strategy is to __________________.

a. determine a segmentation strategy
b. perform sales analyses
c. develop a product
d. perform a business analysis
e. select a target market Hide Feedback

Answered by admin @ 22/11/2021

Answer:

e. select a target market

Explanation:

Clearly defining our target market is one of the fundamental pieces of our business.

The target market is a group of people who respond to a certain demographic and socioeconomic profile to which we want to offer a product or service.

Once our target market is established, using more qualitative variables, we can segment said market and orient our offer to a specific sub-group (segment) based on their habits, customs and values.

Able, baker, and charles are engaged in the marketing to and enrollment of beneficiaries into medicare health plans. mr. able is an independent agent paid directly by a health plan. ms. baker is an independent agent paid through a field marketing organization (fmo). mr. charles is an independent agent paid for his work by a third-party marketing organization (tmo). how do the cms compensation rules apply to these three agents?

Asked by maham237 @ 13/01/2021 in Business viewed by 2748 persons

What are the 2 major components of a marketing strategy

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