Card Set Information
Mkt ch2. part 2
blends all of the firm's marketing plans into one big plan.
the expected earnings stream (profitability) of a firm's current and prospective customers over some period of time.
those that the firm has some chance of doing something about - given it's resources and objectives.
opportunities that help innovators develop hard-to-copy marketing strategies that will be very profitable for a long time.
a firm has a marketing mix that the target market sees as better than a competitors mix.
the marketing mix is distinct from and better than what is available from a competitor.
Types of Marketing Opportunities:
taking current products and trying to expand in the current market.
taking a current product into a new market
taking a new product into the current
taking a new product into a new market.