Brand extension is a marketing strategy in which a company uses its brand name and reputation to launch a new product or service in a different product category or market segment.
Guerrilla marketing is an advertising strategy that uses unconventional and low-cost tactics to promote a product, service, or brand and to capture the target audience’s attention and generate buzz around the campaign.
Account-based marketing (ABM) is a strategic approach to marketing that focuses on identifying and targeting specific accounts or customers that are most likely to generate revenue for a business.
Segmentation, targeting, and positioning (STP) is a marketing strategy that helps businesses identify their target audience, and developing a unique marketing mix to reach and influence the selected segment(s).
A niche marketing strategy is an approach that focuses on serving a particular segment of the market with unique needs and preferences. It involves identifying a specific group of customers with distinct requirements and tailoring marketing efforts.
An advertising strategy refers to the plan of action that a business or organization puts in place to promote its products or services to its target audience.
Writing a sales strategy involves several key steps like defining target market. setting goals, finding USP, building sales pitch, determining sales channel, & defining sales process.
Market penetration pricing is a pricing strategy in which a company sets a low initial price for its products or services to enter a new market and gain market share.
Market development strategies involve expanding a company’s existing products or services into new markets, by identifying new customer segments, geographic regions, or distribution channels. What are the some examples?