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Which term refers to the marketing logic by which the company hopes to create customer value and achieve profitable customer relationships?

a. mission statement
b. marketing strategy
c. strategic plan
d. marketing mix

User Adam Simon
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1 Answer

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Final answer:

The term that refers to the marketing logic of creating customer value and achieving profitable customer relationships is marketing strategy.

Step-by-step explanation:

The correct term that refers to the marketing logic by which a company hopes to create customer value and achieve profitable customer relationships is marketing strategy.

A marketing strategy is a plan of action designed to promote and sell a product or service. It involves identifying target customers, understanding their needs and preferences, and creating a marketing mix that will effectively reach and satisfy them.

For example, a company may develop a marketing strategy that focuses on the unique features and benefits of their product, targets a specific customer segment, and uses digital advertising and social media to reach and engage their target audience.

User Saleem Ali
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