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Suggest some innovative and cost effective marketing strategies that can be used by local retail shop owners in all fields like fashion, footwear, furnitures, electronics and all..... Which could help them in dominatin
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Anonymous
Stealth • 8m
Encouraging word-of-mouth marketing by offering discounts or incentives to customers who refer friends and family to your store
Decathlon revolutionized India’s unorganized sports retail market by targeting beginners (75%) and enthusiasts (25%), offering affordable yet high-quality products. Its immersive store design leverages the endowment effect, encouraging customers to t
𝗣𝘂𝗹𝗹 𝗩𝘀 𝗣𝘂𝘀𝗵 :
In push marketing, the product is actively promoted by reaching out to customers directly, encouraging them to make a purchase.
Examples :
↳ Cold calls
↳ Bulk emails
↳ Direct mail campaigns
↳ Offering incentives for re
Purple Cow Marketing:
Creating a unique, memorable, and daring product (or brand) that stands out in a crowded marketplace — ensuring it captures attention and drives organic word-of-mouth promotion.
6 replies4 likes
Karan Sahu
Stealth • 9m
Platforms that can harness the power of network effects are the ones that don't need marketing; their consumer market spreads through word of mouth. For example (Medial, WhatsApp, Airbnb, and Uber).
3 replies13 likes
PRATHAM
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Medial • 7m
Why Indian Customers Are the Toughest to Convince⁉️🤔
1. Value: Indians want higher value for less investment of money and often bargain. Therefore India is considered price sensitive market
2. Trust : if there are two alternatives, Indian would
Why does medial have so much of organic and word of mouth marketing from its users unlike other apps, what's the reason behind it? Niket being connected with his community, them deleting every single useless post, what is it?
7 replies9 likes
Ardit
Stealth • 7m
Day 2 of knowing a business strategy which helps to grow the business in the market.
• Offer discounts
Companies often offer discounts to encourage customers to make larger purchases. Here are some examples of discounts and special deals they may of
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2 replies7 likes
Vishu Bheda
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Medial • 11d
Jeff Bezos explains why product is more important than marketing in the Internet era
Jeff Bezos shared a powerful insight in a 2012 interview: the internet has transformed how word-of-mouth works.
Before, companies could succeed with average produ
8 Key Strategies Apple Uses in Marketing 🍎
Apple is a master of marketing, and there’s a lot we can learn from their strategies.
Here are 8 key tactics Apple uses to stay ahead:
Simplicity is Key 📱
• Clean designs
• Simple messages
• Easy-to-
YCombinator asserts that rapid growth occurs through word of mouth and discussions about your product.
How can you encourage your users to discuss your product? What strategies can you use to motivate them to share your offering with others? Affili