8 0 SolutionProduct Development Selling new products to the

Solution

Product Development: Selling new products to the current market

Market development: Selling Current product to a new market

Market Penetration: Increasing sales of current product in the existing market

Acquisition: Acquiring another company to develop existing products

Ans) Diversification Analysis technique: Developing new product and selling them in a new market

Ans) the choice of which marketing matrics to display is critical for a busy marketing manager, who can be overwhelmed with irrelevant data. The Choice of marketing matrics  

Marketing Metrics helps to measure the quantitative value or trend of a marketing activity or result. This is seen by each display in the marketing dashboard. The choice of which marketing matrics to display is critical for a busy marketing manager, who can be overwhelmed with irrelevant data.

Ans )

Core Competences: When senior manager ask, ‘’what do we do the best? ’the answer would involves an assessment of the organization’s core competence which are its special capabilities that distinguish it from other organizations and provide customer values.