3 C Concept Of Marketing Strategy - Marketing Strategy Explained With 3 C's

  • Uploaded by: Himanshu
  • 0
  • 0
  • February 2021
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View 3 C Concept Of Marketing Strategy - Marketing Strategy Explained With 3 C's as PDF for free.

More details

  • Words: 924
  • Pages: 8
Loading documents preview...
8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

BRAND ANALYSIS ▼

CONTACT ME

Home » STRATEGIC MARKETING » 3 C concept of marketing strategy

3 C concept of marketing strategy February 17, 2018 By Hitesh Bhasin Tagged With: Marketing strategy articles

The 3 C concept of marketing strategy is a very interesting concept for marketers as it explains complete marketing strategy on the basis of 3 variables. These 3 variables are dynamic and inter dependent on each other. If one changes, the other has to change. The 3 C of marketing strategy are 1) Customer 2) Company 3) Competitor This concept of marketing strategy talks about the dynamic relation which exists in these three variables. Let us explain such relations with an example.

Customer + Company = Low competition. When a customer has a high regard for a company, the competitor seldom finds a chance to https://www.marketing91.com/3-c-concept-marketing-strategy/

1/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

penetrate. For example – niche products with high brand equity. The aboveCONTACT equation can also be CATEGORIES ▼ BRAND ANALYSIS ▼ ME reversed. Customer + Competitor = Low penetration for our company. Customer = Competitor or Company The above equation can be observed when there is not much competition and also when the difference between the company and the competition is less. In this case, the company needs to create more USP’s so that it is above the competitor in the customers mind. For example, Reebok vs Adidas. Pepsi vs Coke. Customer = Competitor 1 or Competitor 2 or Competitor 3 or Company Usually an equation which is observed in mass market, where the customer is not too brand loyal and can switch between brands at will. Example – FMCG market Thus, the 3 C of marketing strategy is clear in one thing – If you don’t capture the audience, someone else will. Hence pay equal attention to all three – your customer, your competitor and yourself.

a

Facebook

d

Twitter

f

Google+

k

LinkedIn

v

Email

J

WhatsApp

Related Post

6 Advantages of Segmentation

Business mission

https://www.marketing91.com/3-c-concept-marketing-strategy/

Benefits and limitations of Product life cycle

Opportunity analysis

2/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

Marketing Strategy of Six reasons for Market Fair and Lovely segmentation

Need for Market Segmentation.

Strategy

BRAND ANALYSIS ▼

CONTACT ME

4 things to know before entering international mar...

Reasons your core competency is stopping you from ...

Market Segmentation

4 simple steps for implementing a strategic plan

MOST USEFUL LINKS 1. 30 Marketing and Strategy Models

6. Marketing Tutorials

2. Marketing Strategy

7. Management Articles

3. Marketing tools

8. Lists & How to

4. Branding Tutorials

9. Sales & Selling

5. SWOT of Brands GET DAILY MARKETING UPDATES!! Subscribe to our Email newsletter to stay updated with daily marketing news.

First Name

Enter your Email Address

SEND ME EMAILS

https://www.marketing91.com/3-c-concept-marketing-strategy/

3/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

BRAND ANALYSIS ▼

CONTACT ME

About Hitesh Bhasin I love writing about the latest in marketing & advertising. I am a serial entrepreneur & I created Marketing91 because i wanted my readers to stay ahead in this hectic business world. You can follow me on Facebook. Let's stay in touch :)

Comments jayesh says

pls keep giving marketing tips for construction business. Reply

Hitesh Bhasin says

Will try to follow up with that article. Will email you when i write about it. Reply

Farhan says

The strategy also work well with Digital Marketing. Reply https://www.marketing91.com/3-c-concept-marketing-strategy/

4/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

BRAND ANALYSIS ▼

CONTACT ME

Abdulazeez Musa says

Can you please send me some top marketing tips that I can apply as a banker to help me improve my marketing skills and daily business negotiations? Reply

Sushant Pandey says

Dear sir. Please tell me automobile marketing tips Reply

Leave a Reply Your email address will not be published. Required fields are marked * Comment

https://www.marketing91.com/3-c-concept-marketing-strategy/

5/8

8/16/2018

Name *

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

BRAND ANALYSIS ▼

CONTACT ME

Email *

POST COMMENT

SEARCH

Search the site ...

GET DAILY MARKETING UPDATES!!

First Name

Enter your Email Address

SEND ME EMAILS

FOLLOW MARKETING91

RECENT POSTS

https://www.marketing91.com/3-c-concept-marketing-strategy/

6/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

What is Sponsorship Marketing? BRAND ANALYSIS ▼ CONTACT ME What is Shared Hosting? What is the Stakeholder Theory? What is Guaranteed Maximum Price? Top 10 Companies In France In 2017 What is the Importance of Marketing Strategy? What are the Components of a website? What is Spillover Effect? Top 13 Honda Competitors in the world What is a Cult Brand? Explained with examples BEST OF MARKETING91

Start Here – Marketing tutorials 30 Marketing Strategy Models Marketing Strategy tutorials Sales Management tutorials Branding tutorials Market research tutorials Online Marketing tutorials Business tutorials Customer Management Tutorials

https://www.marketing91.com/3-c-concept-marketing-strategy/

7/8

8/16/2018

3 C concept of marketing strategy - Marketing strategy explained with 3 C's

CATEGORIES ▼

▼ BRAND ANALYSIS Brand

Competitors CONTACT ME

Strategy of Brands SWOT analysis of brands Marketing mix of brands

Copyright © 2018 Marketing91 · ABOUT US · PRIVACY POLICY  · COOKIES POLICY  ·

This site uses cookies. By further scrolling this site, you are giving us consent to use cookies : Find out more.

https://www.marketing91.com/3-c-concept-marketing-strategy/

8/8

Related Documents


More Documents from "Neha Lokare"