Essay on What a Marketer Does
Researching prices competitors charge for like-products will allow marketers to compare and strategize. They need to ensure that pricing is fair in comparison to what the consumer is receiving, as well as appealing.
To improve the organization, it is extremely important and essential that marketers seek feedback -both positive and …show more content…
A crucial factor in keeping an organization in the market is that they must continually maintain their competitive advantage in order to stay a competitor. As this is an ongoing strategy, marketers are faced with challenges such as competitors that carry innovative products and new comers into the market. This pushes marketers to develop new strategies in order to regain competitive advantage and keep up with their competitors.
When marketers consider expanding intro an international market, they may face economical issues, and therefore need to consider the economic status of a particular country. Marketers need to investigate the country’s growth potential, economy stability, trends and employment rates. They also need to take into consideration the cultural differences, such as culture, language and religions. Extensive research is important when dealing with international markets, as there may