Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the company’s growth through a market- penetration strategy. How would you apply this strategy to increase the profitability of your company’s credit cards based on current market conditions?

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
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  1. Suppose you are the marketing manager of the credit-card department of a financial institution. Your objective is to support the company’s growth through a market- penetration strategy. How would you apply this strategy to increase the profitability of your company’s credit cards based on current market conditions?

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