Post by account_disabled on Mar 8, 2024 23:17:11 GMT -5
The only 78.3 of companies survive 61 reach the third year while the 42.9 reach five years finally only 40 of companies continue their activity after five years. Part of the failure of companies is due to the lack of administration business culture and a wrong approach to the business among others it is very important to know how to attract customers how to make them purchase your product and build their loyalty. You can also read 4 Ways to Connect with Customers in Modern Marketing The characteristics of your products or the advantages that are clearly oriented on the physical and functional attributes of your product are easily copied competitors could imitate and improve the differentiating elements that you have at the moment taking away your strength and market share.
When you have a customerfocused orientation you discover insights that can give your brand greater recognition and empathy allowing you Job Function Email List to communicate more clearly the benefits you have achieving not only more purchases from you but also customer loyalty. beyond if you want your company to continue growing you must remember that the market is changing their tastes needs and desires are transforming the characteristics of young millennials are very different from young people of generation X efforts to understand the customer must be permanent.
An example in which marketing myopia is evident is the case of Blackberry for years it enjoyed leadership in the cell phone market but always thinking about developing products focusing on the advantages of its product PIN and not on the needs and desires of the market because of that it ended up being relegated by other companies Apple and Samsung that did understand the market trends and adapted their products to what the customer was expecting. How to avoid falling into marketing myopia There is only one way to avoid it Understand your customers needs. Study and investigate not only.
When you have a customerfocused orientation you discover insights that can give your brand greater recognition and empathy allowing you Job Function Email List to communicate more clearly the benefits you have achieving not only more purchases from you but also customer loyalty. beyond if you want your company to continue growing you must remember that the market is changing their tastes needs and desires are transforming the characteristics of young millennials are very different from young people of generation X efforts to understand the customer must be permanent.
An example in which marketing myopia is evident is the case of Blackberry for years it enjoyed leadership in the cell phone market but always thinking about developing products focusing on the advantages of its product PIN and not on the needs and desires of the market because of that it ended up being relegated by other companies Apple and Samsung that did understand the market trends and adapted their products to what the customer was expecting. How to avoid falling into marketing myopia There is only one way to avoid it Understand your customers needs. Study and investigate not only.