Saturday, November 3, 2012

Week Oct. 29 question 3


                The concept that I have picked up this week is SWOT. The (SWOT) strength, weaknesses, Opportunities, and Threats is to evaluate marketing strategies. To look into the market as if there will be a possible opportunities or marketing weaknesses. These tactics are usually used by marketing groups to evaluate how a company or companies are doing.

                The first concept of SWOT is the function of strength. Furthermore, what are the strengths of a in the marketing pitch. Therefore, they see how it relates to a certain group. The process of looking into strengths is why the marketing concept would work. To keep this short why will it work?

                The second is weaknesses are there any weaknesses in the concept. Marketing wants to have no weakness inside of the matter alone. The matter being what so ever; Therefore, making pursuit of the best possible solution. This enables the company to take any weaknesses out. Weaknesses are bad because they can hurt the thing or things being sold.

                The second is opportunities, what opportunities the concept presents. What are the basic opportunities by using a certain strategy? These questions help the core purpose of the marketing strategy. Looking for opportunities that may present themselves, and do present themselves.

                Finally threats can be the fact of having the words, images, and/or theories that can be misinterpret. The marketing team might have had the best possible of intension, yet some incumbent or incumbents may have thought otherwise. Take for example, Tacos Bell had a dog that spoke Spanish. This brought about group that felt degraded, so Tacos Bell took off the dog once and for all.

                In closing the process of SWOT is a great way to evaluate the marketing strategic process. There is a lot to learn about marketing pitches in all aspects. We are moving in advance the more we know about these things.

No comments:

Post a Comment