What is a target market?
A target market is a specific segment or type of consumers marketing efforts are aimed at in a campaign. The target market are those likely to buy from you or…
A target market is a specific segment or type of consumers marketing efforts are aimed at in a campaign. The target market are those likely to buy from you or…
Competitive analysis; identifying your competitors, assessing their strategies to know their strengths and weaknesses in a relative market to you or your product. It is in this competitive analysis that…
A sales channel is a means of selling to your customers. Where can the customer purchase your product is the sales channel. Types of sales channels are: Personal selling Using…
The product life cycle is the progression of a product through 4 stages; these stages are Introduction, Growth, maturity and Decline. Introduction stage The introduction stage is when the product…
Digital branding in short is what makes you standout in the digital or online world. It is not only images and logos but also colours, designs, wording, names, usernames and…
The four Ps of marketing or the marketing mix are: Product, Price, Promotion and Place. Product The product can either be tangible (good) or intangible (service), It is not limited…
Product clearance or discounting is a method to sell stock that you want gone quickly, often at times it will be at a loss. This loss, if in a food…
How is you product perceived? Consumers evaluate products all the time, need or want it dosent matter. Pricing is a big factor on if a potential customer will purchase your…
Having an Online store versus a physical store has its many points of difference, There are both positive and negative aspects to an online store, e-commerce, e-store… the list goes…
Social media marketing, what is it? Social media refers to online websites or mobile apps in which users can interact, communicate, upload and share. You have your common ones: Twitter,…