Environmental scanning: Macro and Micro Environment in Africa

The ideal position of an entity will come after the analysis of the environment within which the said entity will play. Growth of the company will also be determined by the eminent exercise of scanning the environment where the company operates. To have an entry or growth strategy, the entity will have to deep diveContinue reading “Environmental scanning: Macro and Micro Environment in Africa”

Pricing for Entry Strategy: Considerations to take

When introducing a product or service into a market, the costs of delivering the said product or service come into play. Once the decision to deliver a product to the market has been made and depending on the product, the process of production is launched. This brings into play costs that include sourcing for rawContinue reading “Pricing for Entry Strategy: Considerations to take”

Business Strategy: Incremental steps, Continuous Improvement

The thought that business strategy is finite could lead an entity to reduced impact of the strategy developed. Indeed, the development of a strategy for optimum business performance is based on the premise that the actual implementation of the strategy is reviewed against key performance indicators and then tweaked to ensure required results over aContinue reading “Business Strategy: Incremental steps, Continuous Improvement”

Value Proposition: How to compel your target market.

The positioning of a product to a specific target customer is an exercise that is quite critical in order to win in a competitive market. How then do we respond to the need that a customer has when seeking a product? The development of a value proposition follows explicitly within the product development process. TheContinue reading “Value Proposition: How to compel your target market.”

Market and customer segmentation for African Markets: The elusive mass market

When segmenting the African Market, one must be well versed with the fact that the continent is categorized into rural and urban markets. The exercise to segment the market should therefore begin with a definition of location for the different segments followed by a tally of the population with purchase power in the various regions.Continue reading “Market and customer segmentation for African Markets: The elusive mass market”

Product Suitability for African Markets. Are businesses on board?

With the advent of affordable options for product sourcing and production, there is quite an influx of different product categories within Africa. What then do we look at for suitability of your product range to the African Market? The promotion of your product to audiences in Africa will play a pivotal role in top ofContinue reading “Product Suitability for African Markets. Are businesses on board?”

Digital Marketing in Africa. How to ride the Digital Wave.

Digitization in Africa has been on the rise with the advent of inclusive digital platforms that allow enterprises to digitize their operations. The tech sphere on the continent has been abuzz with spectacular inventions reaching across a wide scale of beneficiaries. The scope of digitization includes fintech platforms that allow enterprises to apply for fundingContinue reading “Digital Marketing in Africa. How to ride the Digital Wave.”

Mainstream Marketing in Africa

The placement of marketing campaigns will need to involve demarcation of the specific segments to target and a deep understanding of the customer persona which should be preceded by a definition of this customer. The missing link to impactful marketing strategy and successful implementation of the same is the tangible definition of the customer. Further,Continue reading “Mainstream Marketing in Africa”