But can you really talk about growing and scaling your company

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sumaiyakhatun27
Posts: 371
Joined: Mon Dec 23, 2024 10:13 am

But can you really talk about growing and scaling your company

Post by sumaiyakhatun27 »

The collection of this data, the ability to use and interpret it, is the key to a correct marketing strategy for the development of any business.

For example, sales revenue has increased compared to the forecast, and profit is higher than expected. This situation will please most companies. But if the lagging data shows us a loss of market share, and the number of new customers hides the virtual absence of regular customers, then the management has something to think about. Because if you do not take action now, the turkey rcs data company may go bankrupt or lose its position in the market due to the increase in the cost of attracting new leads, which already often costs more than the profit received from the first contact with the brand. Especially when it comes to Western markets, where the costs of attracting new customers can pay off only a couple of years after the first interaction with the brand.

Sure, you can live with a cash gap, never have a marketing plan, and never track customer response to your product. Can you achieve any goal without knowing where to go?

The answer is obvious: marketing planning should be present in both large and small businesses, because it will allow you to increase profits and fight for the love and money of your customers.
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