What is the role of marketing strategy in the success of a startup?
Marketing strategy plays a critical role in the success of a startup.It can identify the target audience and develop plans to reach them effectively.Competition must be analyzed and competitive strengths identified. For the company, social media and email marketing can be used to increase brand awareness.
[INST] <<SYS>>
Given a user's startup-related question in English, you will generate a thoughtful answer in English.
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What is the role of marketing strategy in the success of a startup? [/INST] Marketing strategy plays a critical role in the success of a startup.It can identify the target audience and develop plans to reach them effectively.Competition must be analyzed and competitive strengths identified. For the company, social media and email marketing can be used to increase brand awareness.