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Dacey Rankins

added blog Marketing and Advertising
2025-09-25 15:33:51 -

How Do I Launch a New Product Under My Existing Brand?
Launching a new product is one of the most exciting — and risky — endeavors for any business. Done right, it can strengthen your brand, open up new revenue streams, and deepen customer loyalty. Done poorly, it can confuse customers, dilute your brand identity, or flop entirely in the marketplace. When introducing a new product under your existing brand, success depends on more than...

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Dacey Rankins

added blog Business
2025-09-04 12:15:32 -

What Is Price Skimming?
In the world of pricing strategies, price skimming is one of the most well-known approaches for introducing new products to the market. It involves launching with a high initial price to capture early adopters who are willing to pay a premium, then gradually lowering the price over time to attract broader market segments. This strategy has been used successfully by technology companies, luxury...

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Dacey Rankins

added blog Marketing and Advertising
2025-09-26 15:15:52 -

What Is Their Market Positioning?
Market positioning is one of the most critical aspects of competitor analysis and brand strategy. Understanding how your competitors are positioned allows you to evaluate how customers perceive them, what value propositions they emphasize, and where gaps exist that you can fill. Without this knowledge, your own positioning risks being vague, ineffective, or worse—identical to someone...

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Dacey Rankins

added blog Marketing and Advertising
2025-10-09 18:20:24 -

Why Market Research Is Important: Key Benefits and Real-World Impact
Introduction: The Power of Knowing Before You Act In a world where competition is fierce and consumer preferences change by the minute, guessing is a dangerous business strategy. Many brands — both large and small — have launched products, campaigns, and expansions based purely on instinct, only to watch them flop. Others have invested in understanding their market first and...

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