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Competitive Advantage

Retention Rate

Market Development

Market Penetration

Customer Equity

Diversification

Breakthrough Opportunities

Acquisition Cost

Product Development

Differentiation

the expected earnings stream (profitability) of a firm's current and prospective customers over some period of time.

a firm has a marketing mix that the target market sees as better than a competitor's mix.

opportunities that help innovators develop hard-to-copy marketing strategies that will be very profitable for a long time.

trying to increase sales of a firm's present products in its present markets-probably through a more aggressive marketing mix.

moving into totally different lines of business perhaps entirely unfamiliar products, markets, or even levels in the production-marketing system.

the marketing mix is distinct from and better than what's available from a competitor.

offering new or improved products for present markets.

the expense required to acquire a new customer.

trying to increase sales by selling present products in new markets.

the percentage of customers retained as compared to the total number of customers.