The
marketing strategies and model are always applied on the various products in
order to provide the awareness for the product in the market. There are the
wide ranges of the companies that can be selected in to measure its future
growth opportunities but in this paper; marketing strategies from different
perspectives will be discussed and how it induces impact on growth and
development of multinational company. In order to analyze the future growth
opportunities of the companies it is important to implement important marketing
strategies and how it can be selected way of the products/market expansion grid
which is usually known as the Ansoff matrix.
Objectives and marketing strategy
In
order to explain the marketing strategy and objective of the marketing
strategies is to increase sales, grow of brand awareness, build brand
awareness, target new customer, launch of new services and products,
improvement of stakeholder relations, and to enhance the customer relationship.
The marking strategies are designed to set the goals and to promote the
services and products to the potential consumers. The marketing strategies can
be used to achieve the marketing objectives and to set the consideration of
services provided by the company.
SWOT
analysis is conducted to measure strength, weakness, opportunity, and threat.
The strength analysis considers how much the company has successful brand name
and advertisements, provides professional training to it employees, and offer
the competitive prices. In weakness section the consideration is about the Joint
venture, Franchise management, and Development of week production. threats are
the issues faced by company such as local competitor and Global economic
recession. Opportunity is considered as the possibility for a company to grow
in the national and international market.