Question

What do you mean by marketing strategy formulation ? Exaplin GE-9 cell model and Porter’s five forces model of competition with examples.

Answer 1

Hey mate!

I am here with your answer!

Marketing strategy formulation is the process of defining an organization's marketing goals and objectives. They examine the market and in doing so, use that information to determine what marketing approaches will be best at reaching clients and enticing them to seek out the business' services.

Hope this will help you!