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How to cannibalize your own product well

Kevin Indig

In this memo, I explore what good product cannibalization looks like to maybe find an answer to how Google should react to Chat GPT. What is product cannibalization? What is product cannibalization? Product cannibalization is the replacement of a product with a new one from the same company, typically expressed in sales revenue.

Product 52
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Top Ten Results From The CMO Survey – August 2019

The CMO Survey

of marketing leaders are unlikely to use their brands to take a stance on politically-charged issues, this percentage is trending down from the 82.6% Marketing leaders believe that new technologies have strengthened the importance of marketing in their companies, scoring an average of 2.75 Although 73.5%

CMO 130
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Competitive monitoring: tracking the competition to stay ahead

Sprout Social

This includes keeping tabs on your competitors’ social media activity, pricing changes, marketing campaigns, product launches and more. By keeping an eye on your competitors’ activities, you can learn from their wins and losses, develop foolproof strategies, better position your products and differentiate your brand.

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What Is Market Share & How Do You Calculate It?

Hubspot Marketing

Put simply, that is market share. But how does that impact marketers? As marketers, it's important to understand market share so you know how your company ranks against competitors and can develop new marketing strategies to reach more potential customers. What is Market Share? Lower prices.

Law 118
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10 New Retails Trends You Need to Know for 2023

Hootsuite

Bonus: Learn how to sell more products on social media with our free Social Commerce 101 guide. This lets you pivot your strategy to meet new demands as needed. New technology is being introduced all the time to offer: Omnichannel shopping. New customer acquisition channels. New customer acquisition channels.

Retail 104
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What is AI marketing? Everything digital marketers need to know

Unbounce

From there, it can predict what products and services they’re likely to buy based on their online history and past purchases. With this intel, marketers can forecast sales, manage inventory, and push the right products to the right people. Of course, the theory is that prices then drop once demand ebbs.

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How to Become a Fractional CMO

Duct Tape Marketing

Their job involves aligning business objectives with current marketing strategies while also staying abreast with changes in the digital marketing landscape. Remember though: while potential clients may balk at higher rates initially, they’re typically willing to pay premium prices for proven expertise within specific industries.

CMO 71