Explain formulating a profit driven strategy as on the image below.

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Explain formulating a profit driven strategy as on the image below.

Formulating a Profit-Driven
Business Strategy
I.
Seller's Objectives
and Capabilities
(Current &
Potential)
New Product
Customer Needs
Development
and Value
Expectations
Viable
Product Concept
Cost Levels,
Structure, and
Economic
Competitor's
Capabilities and
Value
ROI Hurdles
Intentions
II.
Target Segments and Pricing Objectives
2014/9/20
Transcribed Image Text:Formulating a Profit-Driven Business Strategy I. Seller's Objectives and Capabilities (Current & Potential) New Product Customer Needs Development and Value Expectations Viable Product Concept Cost Levels, Structure, and Economic Competitor's Capabilities and Value ROI Hurdles Intentions II. Target Segments and Pricing Objectives 2014/9/20
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