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Business Strategies - Coggle Diagram
Business Strategies
S.W.O.T Analysis
Strength: Low production cost, easy to understand
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Martketing Mix(4Ps)
Product - What are we selling?(features, design, quality
Price - How much it costs, pricing strategy
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Promotion - How you tell people about it(advertising, social media, events)
Target Market users - the more you know your audience, the better you can tailor your product, price and promotion to them.
Demographic Factors: Age, gender, income, education
Psychological factors: Values, lifestyles, interests, opinions
Behavioral factors: Buying habits, brand loyalty, product usage
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S.M.A.R.T - Stands for Specific, Measurable, Achievable, Relevant, Time-based
Ensures your goals aren't vague dreams, bur actionable targets you can track and complete.
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