The best business plan marketing strategy

Marketing strategy performance is the process in which a team is capable to develop a wide-ranging marketing strategy for their technology.

Success of marketing strategy formulation depends on three constituents namely marketing strategy performance, marketing strategy creativity and marketing strategy improvisation. Additionally, this research tends to focus on what should be done in practice or the role of marketing strategy in practice (Mintzberg 1994). Marketing strategy formulation research investigates the effect of certain variables on the development of marketing strategies themselves. Copious researches have demonstrated that marketing strategy research has mainly focused in either one of two fields such as marketing strategy formulation or marketing strategy implementation. Consequently, a marketing strategy gives an overall idea to accurately position products in the marketplace while accounting for both internal and external limitations. A marketing strategy facilitates firms to develop a plan that enables them to recommend suitable product to the right market to gain a competitive advantage. The main focus of a strategy is that the organization achieves the right fit with the external environment. The main objective of a strategy is to protect organizational efficacy through the right activities at the correct time.

In theoretical studies, Strategy is described as a firmвЂ™s positioning to achieve a competitive advantage in the marketplace (Juga 1999).

The best business plan marketing strategy