You have come up with a new idea, but do not know if it is advisable? You have reached your targeted milestone, but do not know what to do afterwards?

Same as like other businesses, you may want to reach new markets or expand your business. A marketing strategy is highly recommended when launching a new product or expanding your business area, especially in today’s competitive era. It also helps businesses to understand their industry, competitors and market opportunities.

How marketing strategy can help

A thorough marketing plan contains crucial characteristics like:

Price

• How much do your competitors charge?
• How much reasonable sales targets you can expect?
• How much will it cost to produce and distribute your product?

Product

• What features do your competitor’s products offer?
• What is the competitive edge of your product?
• What are the trends in your industry?

Promotion

• What market segments are best suitable for your business and what are the suitable strategies for each segment?
• What marketing strategies your competitors are using?

Place

• What are the most suitable locations for your product and what distribution methods are suitable?

Customers

• What is the size of your target market segments?
• What do your customers want and prefer?
• How can you reach your customers most effectively?

How Taktik can help you

Our business consultants understand the importance of making informed decisions in today’s competitive business environment. We can provide following services:

• Market assessment
• Marketing strategies
• Communications strategy
• Social media strategy