The brand identity represents the elements that the company wants to communicate to the customer. Practically, it is the image that represents the company.
Another marketing strategy related to up-selling and cross-selling is down-selling. This third technique, unlike the others, has a single goal: to close the sale!
Cross-selling is a marketing technique closely related to up-selling, which we have already discussed, in which the customer who has already purchased a product is encouraged to buy additional items that are defined as complementary.
Benchmarking is a term frequently used in economics, finance, and marketing. With this word, especially in marketing, it refers to the activity of study, analysis, and research that companies undertake regarding the strengths of another business similar to their own (the benchmarks).
By "budget" we mean a maximum amount that the company makes available for achieving its objectives, without exceeding the limits that the company has set. It is one of the most important operational tools because it allows for defining a path to follow by coordinating its activities.
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