A marketing strategy is a comprehensive plan that outlines how a company will promote its products or services to its target audience.
In Luxembourg, a well-crafted marketing strategy considers the unique local market dynamics, regulatory environment, and multicultural audience. This strategy involves defining target segments, selecting appropriate channels, setting budgets, and measuring performance through key performance indicators (KPIs). An effective marketing strategy is crucial for expanding a company’s customer base and achieving sustainable growth in Luxembourg’s competitive business landscape.