Monday 7 November 2011

Ansoffs Matrix

Four strategies that businesses in relation to makreting business will use each are used at a particular moment

Market Penetration= Afirm tries to gain more of its exsisting market eg. If coca-cola want to sell more in the UK

New Product development= offers more variety meets customers needs

Market development= Attemps to further increasement

Diversication= Entering a new market business establishes themselves

They are are unique selling tecniques
They make you stand out within competitors
reconisable product

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