Precision Marketing

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Definition: [priˈsɪʒən ˈmɑrkətɪŋ] is the means of strategic tools through which experts analyze the interests and patterns of behavior of separate social cohorts. This activity in the company is expressed in the need for constant monitoring of the market, in tracking key market trends, in finding new free market niches and markets. The tasks in this direction should be focused on building a regular collection of primary information on the dynamics of the market, competitors and key drivers of the market. The better the company understands the market, the faster it can correctly enter new niches, react to aggressive actions of competitors in a timely manner, close the business in stagnant segments.

Precision Marketing In a Sentence:

  1. Our team suggested using the principles of precision marketing.
  2. We understood the needs of our customers with the help of precision marketing methods.

Synonyms and related words: care marketing, correctness marketing, sureness marketing