In today's dynamic marketplace, discuss how strategic marketing initiatives can effectively balance the short-term goals of driving immediate sales with the long-term objectives of building sustainable brand equity and fostering customer loyalty. Illustrate the answer with real-world examples and consider the challenges and opportunities presented by emerging trends such as digital disruption, globalization, and shifting consumer preferences.
In today's dynamic marketplace, discuss how strategic marketing initiatives can effectively balance the short-term goals of driving immediate sales with the long-term objectives of building sustainable brand equity and fostering customer loyalty. Illustrate the answer with real-world examples and consider the challenges and opportunities presented by emerging trends such as digital disruption, globalization, and shifting consumer preferences.
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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In today's dynamic marketplace, discuss how strategic marketing initiatives can effectively balance the short-term goals of driving immediate sales with the long-term objectives of building sustainable brand equity and fostering customer loyalty. Illustrate the answer with real-world examples and consider the challenges and opportunities presented by emerging trends such as digital disruption, globalization, and shifting consumer preferences.
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