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When should you implement a marketing plan?

Marketing plan is an instrument which lays out the basic foundations of all your marketing activities, which in turn will help the growth of the organization. But is there a specific to time to...

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Managing supply and demand

One of the hardest tasks of an entrepreneur is to meet the requirements of the market which in other words means managing supply and demand. How to manage supply and demand is a question which leaves...

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Defensive Marketing – Fighting against competition

In some previous articles we were talking about horizontal and vertical integration, penetration pricing, product placement and so on. These are just a few examples of strategies that a company can use...

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Competitive pricing – Competitive pricing strategy

When you price a product as per the competition, then it is known as competitive pricing. An important criteria in customer purchasing behavior is price. Companies generally set the prices by taking...

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Economies of Scale

Have you ever thought of how milk companies can sell small sachets of milk at so low prices across the world? Or how can Ikea sell flat-pack furniture at what seems impossibly low prices? Or how can a...

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Marketing strategy of Amul

The Marketing strategy of Amul covers various aspects of the business right from segmentation and targeting to the overall mission and vision of the company and the various parameters which the company...

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PESTLE analysis

As we already mentioned in a previous article, the PEST analysis is considered a useful scanning tool for identifying the relevant political, economic, social and technological factors from the...

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Michael Porter’s Five forces model for industry analysis

Click for large size imageThe Michael Porter’s Five forces analysis framework is used to analyse an industry and more specifically, the external business environment of the industry. This five forces...

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Defensive Marketing

Defensive marketing strategy began to be used in the late 1990”s, and has been considered as a better alternative to offensive marketing, based on the traditional saying that precaution is better than...

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Price elasticity of demand

The price elasticity of demand is a notion closely related to the notion of Giffen Good (by Robert Giffen) which first appeared in Alfred Marshall’s book, Principles of Economics. Price elasticity of...

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8 lessons from McDonald’s on marketing & business management

If you are a franchise owner, or if you are running a small business, then you will always be thinking of expanding your business. God knows, there are enough motivators out there who have made it big,...

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Marketing strategy of Adidas

Adidas employs more than 53,731 people in over 160 countries produce more than 660 million product units every year and generate sales of € 14.5 billion (all figures relate to 2014). These numbers...

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Marketing strategy of Cadbury – Cadbury marketing strategy

Segmentation, targeting, positioning in the Marketing strategy of Cadbury- The segmentation of Cadbury products is based on mix of demographics, behavioural & psychographic factors; like on the...

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Marketing strategy of Airtel – Airtel marketing strategy

Airtel is the world’s 3rd largest mobile telecommunication Indian MNC operating in 20 countries across Asia & Africa. Airtel has presence in 22 telecom circles across India & is India’s largest...

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Marketing strategy of Amazon – Amazon marketing strategy

Segmentation, targeting, positioning in the Marketing strategy of AmazonE-commerce giants like Amazon uses demographic & psychographics segmentation to segment the markets.Amazon’s segmentation is...

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Marketing strategy of Coca cola – Coca cola marketing strategy

Coca Cola is world’s leading soft drink maker and operates in more than 200 countries around the world. It sells a variety of sparkling and still beverages. It generates 60% of its revenue and about...

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Marketing strategy of Colgate – Colgate marketing strategy

One of the top brands of the world and the leading brand in Oral hygiene, Colgate is known for its dominance for the past few decades when it concerns tooth paste, tooth brush or even dental hygiene....

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Marketing strategy of Axis Bank – Axis bank strategy

The 3rd largest private sector bank of India is Axis Bank which was previously known as UTI bank. UTI bank changed its name to Axis in 2007 and it offers the entire spectrum of financial services to...

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Marketing strategy of Dabur – Dabur marketing strategy

The test of a successful company is to further harness energies, align priorities and rededicate themselves for achieving even higher goals.”– V.C. BurmanDabur India Limited (DIL) is the fourth largest...

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7 key elements of Marketing strategy

There are many elements to strategy. However, if we were to design marketing strategy as an environment, then we will find that the 7 elements shown in the diagram are the ones which make a huge...

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