Understanding the Consumer Decision Making Process

From the second that a consumer starts researching pre-purchase, they will have many options to sort through. How will you differentiate your marketing from the competitors? A key way to unlock the full potential of your marketing is to understand the path your consumers take to get to the buying situation.

Continue Reading Understanding the Consumer Decision Making Process

Porter’s 5 Forces: Analysing The Competitive Environment Of Your Business

Before deciding on a strategy for your business it is important to do some research on your industry. Why is the industry structured the way it is? What competitive forces within the industry are influencing this structure? How can I profitability position myself in this industry? Porter’s 5 Forces is a simple, yet powerful model that can help you answer these questions.

Continue Reading Porter’s 5 Forces: Analysing The Competitive Environment Of Your Business