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Showing posts from April, 2021

Marketing Strategy Examples

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  Marketing Strategy Examples Marketing is a plan of action taken by businesses to create recall value for their products. Or brands, it helps to increase sales by creating a good marketing strategy you can deliver your brand value, brand acquisition, uniqueness of your product. A good marketing strategy will help you to increase your sales or revenue. In this blog, I’m gonna give you 7 examples of simple marketing a strategy which you can use in your business and you will your business to growth. Niche Marketing : Niche marketing is a specific style of marketing where specific Demography, specific psychology, specific geography are targeted. Basically, it says don’t sell everyone at a cheaper price sell a few at a higher price. In this marketing strategy businesses target customers they sell to the specific customers a specific brand in a specific price range. This is one of the best ways to capture the market and create a monopoly. Example: There are many channels like sp...

Retail organization structure

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Before learning about the organizational structure of the retail industry let's know about retail.  So what is retail? Basically retail is a method of selling product through multilevel of distribution chain. Distribution Chain of the retail sector In the list of distribution chain manufacturer comes first then the wholesaler then comes retailer. The manufacturer makes goods, then the wholesaler bought goods then distribute them to the retail markets and finally retailers sell products to the consumer. Retail is a huge industry and it’s growing day by day, it is growing 25-30 % annually. On the basis of organization structure retail is divided into two parts                                                   Organized Retail Sector This part of the retail sector is more dominating than others and it has huge mark...