Critically describe the impact of a good marketing strategy on an Organisations performance?

Expert Solution

Answer:-

Some of the factors that may affect the marketing strategies on an organization that is as follows:-

To run a good & long term marketing strategies are essentially & has to work on a continuous process of improvement & development for the success of an organization. To compete worldwide organization has the potential to face off rivalries, international marketing, the globalised economy needs to adopt strategies of marketing logics, selecting a target market, budgeting etc,

Some of the Elements of marketing strategies impact on the organization

By keeping in mind the feedback of customers across the country planning the production process must be the goal-oriented, satisfying customers needs, considering varieties of features, adopting new product development, branding, maintaining the quality of the product, innovative products, etc this brought a good outcome

Pricing Decision may affect demand for products, the price differentiates, price control by the government.

keosha answered 1 day ago

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