Monday, 8 December 2014

Competitor analysis



Competitor analysisCompetitor analysis
Internal environment
The internal marketing environment includes factors that the business can directly influence. This can include:
The organisational structure
The strengths and weaknesses of a department
Financial stability and resources
Staff morale
Spare production capacity
Client base
Pricing structure
Selling channels
Staff skills
Identifying opportunities in the marketing environment
Once you have completed the internal and external environmental audit, you can summarise your findings using a SWOT analysis which can be used to make key decisions.

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