The Company's Position in the Market.
Autor: jon • December 12, 2013 • Research Paper • 967 Words (4 Pages) • 1,307 Views
The company's position in the market.
Factors like market share or sales volumen should be analysed , that is to say ,
every aspect which can contribuye to determine the level of of strenght of the
company respecting customers and competitors. It is also to take into account the
following factors:
The company's mission, policies, objectives and resources.
This shows the importance of the values in the foundation of the company, reason
why it will center bound aspects to products and services as well as to marks and
marketing strategies.(Abell, F., Hammond, & S., 1979; Mercer, David, & team.,
1998)
Your competitors marketing strategies.
We should not only "know our company" but also the behavior of the "competitors'
potential and the capacity to add and remove it in products, segments, markets,
distribution channels, etc.. From my point of view one of the clearest indicators that
a company thinks, and it acts with mentality of strategic marketing it is the level of
depth that makes of its competitors. " Victorious warriors win the battle first and
then they go fight… " (Jason, Macdonald, Kent, & Neupert, 2005). To get
knowledge about the purchasing behaviours , motivations and perceptions of those
who are the direct responsible of our products it will also be key when making
WORKING PAPER. JM-A1-2006
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strategic decisions in marketing. They exist multitude of failures in marketing and
more concretely in the formulation and implementation of the strategy due to a lack
of data about the consumers (Faith Popcorn, 1992)
The projected life cycle stage.
The implications of the product life are key when defining the marketing strategy
since they try to foresee (with a certain level of inaccuracy) which will be the
evolution of the sales in the future. Offering a "simile" with the biological cycle of
life. This aspect is also related with the visualization of future behaviors.
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