Intensive Strategies Homework Help
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Intensive strategy is a marketing strategy that requires intensive efforts to utilize the existing products in order to improve a firm’s competitive position. These strategies help the business to expand and eventually the profit increases. Intensive Strategies Homework Help tells us about the advantages of intensive strategies to an organization or a firm. It has three important role- product development, market development and market penetration. Intensive Strategies Homework Help states that by the help of intensive strategies, organization can add new set of products to their business.
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Different Types of Intensive Strategies
There are three different types of strategies included in Intensive strategies. These strategies explained in Intensive Strategies Homework Help are given below
• Market Penetration- It basically deals with the employment of new and innovative strategies in order to enhance the share of market. This is done by improvising the quality of present products and making it more attractive and effective. There are two types of market penetration- slow market penetration and rapid market penetration. It can be studied in Intensive Strategies Homework Help.
• Product Development- This type of intensive strategy is used when an organization modifies and improves the quality of its existing products to gain a position in the market. It is given in Intensive Strategies Homework Help that product development requires strong research and development capabilities.
• Market Development- This type of strategy is employed when an organization launches its existing product in a new market. Here, new markets are added in different geographical areas while the products remain the same.
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