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give an example of a business firm that is successful in positioning itself in the marketplace.
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- Increasing and optimising customer loyalty and retention is a major part of any successful business strategy. Please provide two examples of companies that use this strategy and explain why they do so.Identify a company that you think is customer-centric and one that is not.Discuss the role of customer feedback and market research in refining and adapting a business model to changing market conditions.
- A company may have many Customers depending on it size and industry in which it operates. Explain in your own words who are the company’s customers.Explain SWOT with relevant example to explain your understandingIn marketing, what does the picture below suggest? Write your analysis in sentence form.
- Business and Industry Profile. This section provides an overview of the industry andmarket segment.Market size and growth trendsSignificant industry trendsStrength of major companies in the marketCompetitor’s market share.Competitors’ products and strategiesWhat is the purpose of the marketing plan, and how might it be used in managing the activities of the organization? What should be included within the marketing plan? Who is typically responsible for developing the marketing plan? Which departments within the organization should have access to the marketing plan? Please support your responses through examples.Many businesses find it challenging to integrate a customer-based marketing strategy into their Web site designs because they lack the necessary resources. Outline what an organization may do to overcome the challenges that it is facing and why this is a tough situation.