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Encyclopedia > Flanking marketing warfare strategies
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In marketing and strategic management, marketing warfare strategies are a type of marketing strategy that uses military metaphor to craft a businesses strategy. See marketing warfare strategies for background and an overview. Flanking marketing warfare strategies are a type of marketing warfare strategy designed to minimize confrontational losses. Marketing is the process of planning and executing the pricing, promotion, and distribution of goods, ideas, and services to create exchanges that satisfy individual and organizational goals. ... Jump to: navigation, search Strategic management is the process of specifying an organizations objectives, developing policies and plans to achieve these objectives, and allocating resources so as to implement the plans. ... Strategy serves as the foundation of a marketing plan. ... Marketing warfare strategies are a type of strategies, used in business and marketing, that try to draw parallels between business and warfare, and then apply the principles of military strategy to business situations. ...


Fundamental principles

The fundamental principles involved are:

  1. Avoid areas of likely confrontation. A flanking move always occurs in an uncontested area.
  2. Make your move quickly and stealthfully. The element of surprise is worth more than a thousand tanks.
  3. Make moves that the target will not find threatening enough to respond decisively to.

Types of flanking strategies

Flanking strategies can be either offensive or defensive:

  • Flanking Attack (offensive) - This is designed to pressure the flank of the enemy line so the flank turns inward. You make gains while the enemy line is in chaos. In doing so, you avoid a head-on confrontation with the main force. The disadvantage with a flanking attack is that it can draw resources away from your center defense, making you vulnerable to a head-on attack. In business terms, a flanking attack involves competing in a market segment that the target does not consider mission critical. The target competitor will not be as concerned about your activities if they occur in market niches that it considers peripheral. It usually involves subtle advertising campaigns and other discrete promotional measures, like personal selling and public relations. It often entails customizing a product for that particular niche. Rather than finding uncontested market niches, the attacker could also look for uncontested geographical areas. The strategy is suitable when:
    • the market is segmented
    • there are some segments that are not well served by the existing competitors
    • the target competitor has relatively strong resources and is well able to withstand a head-on attack
    • the attacker has moderately strong resources, enough to successfully defend several niches
  • Flanking Position (defensive) - This involves the re-deployment of your resources to deter a flanking attack. You strengthen your flank if you think it is vulnerable. The disadvantage of this defense is that it can distract you from your primary objective and siphon resources away from where they are needed most. In business terms, this involves the introduction of new products, product lines, or brands, the defensive re-positioning of existing products, or additional promotional activity in a market niche. It requires market segmentation and/or product differentiation. You protect against potential loss of market share in a segment by strengthening your competitive position there.

In marketing, Market segmentation is the process of grouping a market into smaller subgroups. ... Jump to: navigation, search Generally speaking, advertising is the promotion of goods, services, companies and ideas, usually by an identified sponsor. ... Promotion may mean: Promotion (chess), a term used in the game of chess Promotion (marketing), a marketing term Promotion (rank), an increase in position in a hierarchy Promotion (academic), German academic degree that is roughly equivalent to the Ph. ... Sales, or the activity of selling, forms an integral part of commercial activity. ... Jump to: navigation, search Public relations is the discipline by which individuals or organizations communicate with important constituencies, with the twin objectives of information-dissemination and persuasion. ... In marketing, product differentiation is the modification of a product to make it more attractive to the target market. ... New Product Development is a business and engineering term which describes the complete process of bringing a new product to market. ... Product lining is the marketing strategy of offering for sale several related products. ... Jump to: navigation, search This article is about the concept in marketing. ... Jump to: navigation, search In marketing, positioning is the technique by which marketers try to create an image or identity for a product, brand, or organisation. ... In marketing, Market segmentation is the process of grouping a market into smaller subgroups. ... In marketing, product differentiation is the modification of a product to make it more attractive to the target market. ...

See also


  Results from FactBites:
 
Qwika - similar:Strategic_management (1645 words)
Relationship marketing is a form of marketing that evolved from direct response marketing in the 1960s and emerged in the 1980s, in which emphasis is placed on building longer term relationships with customers rather than on individual transactions.
Guerrilla marketing warfare strategies are a type of marketing warfare strategy designed to wear-down the enemy by a long series of minor attacks.
Marketing warfare strategies are a type of strategies, used in business and marketing, that try to draw parallels between business and warfare, and then apply the principles of military strategy to business situations.
  More results at FactBites »


 

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