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Marketing Challenges & Strategies
Marketing Challenges & Strategies
& STRATEGIES
SUBMITTED BY:
MANAS CHITRANSH
19BSP1476
INTRODUCTION
Customer needs, wants, expectations are changing
more rapidly, they are increasingly demanding better
quality and reliability in products and services.
In such a rapidly changing marketing environment it
is really difficult for business organizations to make
quick and sound decisions, and facing various
marketing challenges.
MARKETING CHALLENGES FIRMS FACING
TODAY
Generating Traffic Leads.
Providing the ROI of Marketing activities.
Lack of Consolidated Customers Data.
Rapidly Changing Customer Needs, Wants, and
Expectations.
Challenge of Selecting Among Too Many Options.
Increasing Domestic and Global competition
STRATEGIES TO OVERCOME THE
CHALLENGES
Create a Learning Organization.
Secure Enough Budget.
Digital Transformation.
Selection of Right Resources (Human & Technical).
Re evaluate the Old Mix - Four Ps to Four Cs :-
Product / Customer Needs
Price / Cost to the Users
Place / Convenience
Promotion / Communication
THANK YOU