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Marketing Basics - Coggle Diagram
Marketing Basics
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Segmentation
Taking a good hard look at your customers and trying to identify and then segment those ideal perfect customers
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Concentration
Is all about finding your business's most profitable and most fun and easiest to deliver service and then focusing all of your efforts there
Concentrate in your most valuable products or services so that we can really focus on the things that actually move the needle in regards to our businesses revenue and profitability
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Lifetime customer Value
You can decide how much of that you want to attribute to allocate to marketing in order to acquire new customer