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Hi, I need help with essay on Value Creation, Communication, and Evaluation. Paper must be at least 500 words. Please, no plagiarized work!Thus, the organization competes by ensuring that the standard
Hi, I need help with essay on Value Creation, Communication, and Evaluation. Paper must be at least 500 words. Please, no plagiarized work!
Thus, the organization competes by ensuring that the standard and quality of its products is high and that the products satisfy the customers wants fully. The organization also competes by promoting its products with the utmost zeal and dedication. This strategy is mainly reached by committing a substantial amount of funds to the sales and marketing department. Effective promotion is also achieved by employing qualified and experienced sales persons.
Indeed, the competitive strategies employed by the organization blend well with its marketing strategies. This is because. over the past years the organization has managed to attract more customers than its competitors by use of these marketing strategies. Taking for instance, despite the wide use of promotions and advertisements by the organization, it still manages to maintain a low cost/benefit ratio. This is mainly by ensuring that the advertisements are acutely economical and that the resources used do not exceed the benefits obtained (Paley, 2008).
The issue of value proposition is also a strategy employed to ensure the organization competes well in the market. The main value propositions offered include promising the customers to improve the value of products, offer a variety of products, and to ensure that high quality is maintained. The value is communicated to customers by explaining the product relevance to them, stating the benefits that accrue after purchasing the product, and finally informing the customers about the unique differentiation of its products from those of the competitors. The organization also makes use of visuals in order to catch the attention of customers and also achieve a better understanding of the promotion. Over the past years, the organization has managed to make a compelling value proposition by communicating the concrete results to customers clearly. The management also ensures that the