Business Strategy and Planning

To helping entrepreneurs and business leaders develop effective strategies and detailed plans to achieve their goals. Explore topics such as market analysis, competitive positioning, strategic goal setting, and financial planning.

3 Simple Ways to Keep Your Loyal Customers Coming Back

Customers become loyal in different ways, growing to like a brand more as it consistently meets their expectations. Over time, this builds trust and strengthens their connection to the brand. Just as any other relationships, loyalty can fade when there are no efforts to maintain it. Maintaining an existing connection with customers is more cost-effective

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The Renowned Tupperware is Filing Bankruptcy. What Can Be Learned?

Tupperware, a 78-year-old American company known for its kitchenware, particularly its airtight plastic containers. In Malaysia, it is especially a popular choice and a likable brand among mothers. The brand now has lost its momentum, and the recent news might come as a surprise to its loyal customers. So what makes it go so badly

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How To Follow Up Customer Feedback to Make Them Remember?

Receiving customer feedback is a valuable opportunity for businesses to build customer loyalty. It will not only give insights for improvement, but beyond that. When businesses give proper feedback, it could create a lasting impression, and they would be even coming up to you even more in the future. And what does that mean? You

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Pop-Up Stores: Why Brands are Competing to Gain Its Benefits

Pop-up stores have emerged, making brands shine their own personalities through immersive experiences for their customers. According to a report by Storefront, the global pop-up retail industry is expected to reach a market size of $80 billion this year, valued at $50 billion in 2019, underscoring the growing significance of this retail strategy. The increasing

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Here is Why Building a Community Helps Today’s Business

There has been a significant interest for online communities this year in 2024. Reddit, an online community platform, has shown a significant increase. It reported in Q1 of 2024 that its daily active users have been gaining a rise of 37% to 82.7 million with a year-over-year increase in revenue. Building communities has emerged as

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Reasons Why Active Debate is Essential for Your Business

Continuous improvement is essential for every business. Within an organization, active debate often plays a key role in driving innovation and is widely used in the business world. Effective communication is crucial, and active debate is one of the best ways to improve business offerings. In business, active debate is a form of collaborative communication

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What Contents Consumers Love to Consume, According to TikTok

The consumer’s needs and preferences are always changing. Businesses or brands to position themselves better and adapt their offerings from emerging trends. In TikTok’s What’s Next 2024: In Action report, they conduct studies and put a focus on long-term trends that shape the year 2024. What do the consumers want from the brands? 1. Vulnerability

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How Can Underconsumption Core Benefit Different Businesses, According to ChatGPT

While the IMF forecasts inflation to decline by approximately 5.9% in 2024 and 4.5% in 2025, Gen Z and younger Millennials are into the “underconsumption core”. This trend that emerged on TikTok has been ongoing until today, in the past month, in July 2024. These generations place more importance on product quality than price. Also known for

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How Can Brands Shine Without Overdoing It?

Many brands prioritize engagement as their top focus and are eager to provide customers with better experiences. But overdoing it may cause brands to appear less appealing to their target audience. This mistake will not only make brands less attractive but could also overwhelm their audience. Businesses or brands must keep in mind that they’re

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