Marketing Strategy
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About Marketing Strategy
Marketing strategy is a process that can allow an organization to concentrate its limited resources on the greatest opportunities to increase sales and achieve a sustainable competitive advantage.
Prime drink: How KSI and Logan Paul made it so popular
... When quizzed by Deborah Meaden from Dragon s Den on BBC s, KSI insisted limiting the supply had never been part of his Marketing Strategy...
Victoria's Secret cancels fashion show amid ratings drop
... The brand s parent company L Brands said it was important to evolve its Marketing Strategy...
Coldplay and Selena Gomez: How two music releases reflect a changing industry
... Cryptic cluesThat is not to say that there is not a carefully crafted Marketing Strategy in how artists communicate with their followers...
Victoria's Secret cancels fashion show amid ratings drop
Lingerie brand Victoria's Secret has cancelled its annual Fashion Show amid dwindling television ratings and rising criticism of The Event .
The Show launched in 1995 and was once a major pop culture event, drawing millions of viewers each year.
Last year it had its lowest ratings ever and drew criticism that it was sexist, outdated and lacked diversity.
The brand's parent company L Brands said it was important to "evolve" its Marketing Strategy .
"We're figuring out How To advance the positioning of the brand and best communicate that to customers," Stuart Burgdoerfer, L Brands chief financial officer, told investors on an earnings call.
Nevertheless, he said the shows were "an important aspect of the brand and a remarkable marketing achievement".
The annual show featured some of The World 's top supermodels, often wearing elaborate outfits.
The Show was a milestone in the career of many supermodels including Tyra Banks , Heidi Klum and Miranda Kerr .
Changing attitudes appear to have hit sales and the brand's bottom line.
Poor sales at Victoria's Secret weighed on The Performance of L Brands, which reported a net loss of $252m (£195. 1m) in third quarter results announced This Week .
Bella Hadid is one of the many supermodels to have walked in runway shows for Victoria's SecretThe Underwear brand has also faced A Number of recent controversies.
Last year, there was a furious response to an interview in Vogue with then-chief marketing officer Ed Razek who suggested "transsexual" models should not be part of The Event .
He later apologised for the comments and left The Company earlier this year.
L Brands also received bad publicity due to billionaire founder Les Wexner 's friendship with the
Epstein died in prison in August while awaiting trial for Sex Trafficking charges.
, and has previously accused Epstein of misappropriating money.
victoria' s secret, fashion
Source of news: bbc.com