Four Questions for Choosing Your Marketing Audit Strategies

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What segments and services offer you the most potential?

By August J. Aquila
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Let’s continue with our marketing audit discussion. Now that we have some firmwide objectives, we need to select strategies. There are many ways to accomplish something, and it is necessary to select how you are going to go about doing it.

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Selecting Your Strategies

Let’s look at four different strategies.

  1. Cost Reduction. As new forms of technology and artificial intelligence enter the workplace, it is increasingly possible to achieve a competitive advantage by using them to reduce the cost of service delivery. Tax processing software is a common example that firms have used over the last 20 years. AI could help firms reduce costs in multiple areas of the firm, from tax research to improving processes.