Pitfalls of SWOT Analysis To Avoid

Pitfalls of SWOT Analysis To Avoid

SWOT Analysis—Strengths, Weaknesses, Opportunities, and Threats—is a popular tool for assessing a business’s position. It should be a strategic tool, but too often, it’s used in a superficial way as a routine exercise. The Pitfalls of a Superficial SWOT Analysis 1....
When 3Ps > 4Ps

When 3Ps > 4Ps

You’ve probably heard of the 4Ps of marketing in your marketing textbook – Product, Price, Place, and Promotion. For a long time, these four elements were the core of any marketing strategy. But as businesses evolved and customer expectations shifted, the 4Ps...
Why The Right Market Segmentation Matters

Why The Right Market Segmentation Matters

Many businesses fall into the trap of thinking their product or service is for everyone. While it might feel like casting a wide net will attract more customers, the opposite is true. When you try to speak to everyone, you end up connecting with no one. This is where...
Why Is Marketing Strategy the Backbone of Your Business

Why Is Marketing Strategy the Backbone of Your Business

A marketing strategy is your business’s game plan for attracting and keeping customers. It’s not just for big companies—it’s essential for businesses of all sizes. Let’s break down why a marketing strategy is important, what goes into it, and how it helps your...
What Marketing Is and Isn’t

What Marketing Is and Isn’t

If you’ve ever wondered what marketing really is, you’re not alone. Many business owners, young marketers, and even seasoned professionals sometimes confuse marketing with other activities, especially sales. Let’s break it down in the simplest terms, so you’ll...