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Business Strategies - Coggle Diagram
Business Strategies
How to sell effectively and efficiently to others
SWOT
Strength: Products, processes and unique features
Weaknesses: Lacking features, possible improvements in the business
Opportunities: Catching in on current trends, developing new technology for buyers
Threats: Forces that hinder sales out of the business's control
S.M.A.R.T
Business incentive and vision
Specific: clear and specific goals for the business
Measurable: noticeable growth and changes
Attainable: Goals are possible with the resources you have
Relevant: Goals are relevant to the business vision
Time-based: Set the plan with a deadline for incentive
Comparing Businesses
Strategy Canvas
Comparing sectors with one another in a simple graph
Differentiates what the market prefers and not prefers
4Ps
Product: Features, uniqueness, life cycle
Price: Fair, efficient, competitive
Place: Audience, target groups
Promotion: Effective advertisement
Green Plans
Helps the environment
Shows good faith in business' vision and reduces cost in the long term
Creating Greener Products: Recycled materials, less resource intensive processes
Recycling Programs: Actively encourage recycling
Sustainable Packaging: Bio-degradable materials for packaging products
Advocate Environmental Care: Working with certain organizations shows conviction in helping the environment through work ethics
Green Campaigns: Reach out to the public about the importance of greener sustainability
