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Push and Pull Strategy - Coggle Diagram
Push and Pull Strategy
What is Push strategy
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Pros & Cons
Cons
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- Provide almost not value to business
- Require an active team to establish relationships
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Pros
- Provide retailer the right tool to sell products
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- Raise awareness of your products
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What is Pull strategy
Examples
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- Sales promotions/discounts
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Pros & Cons
Pros
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- Removes the pressure to conduct outbound marketing
- Can test demands or acceptance in the market
- Better feedback for products or services
Cons
- Requires ongoing content creating
- Works effective if there is high brand loyalty
- Can be difficult to create high demand, which is difficult in high competitive market
- Need Strong marketing efforts to convince consumers to seek product
Definition
Taking the product directly to the customers, making sure that the customer knows about the brand or products.