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★2-Minute Column★ What does "3C" in 3C Analysis mean?

Explanation in 2 minutes! This time, I will introduce the 3Cs often heard in promotion strategies. I will briefly explain it, including the analysis method.

The foundation of marketing is the 3C analysis. Therefore, it is said that "3C analysis is important." 3C refers to the initial letters of the English words "Company," "Customer," and "Competitor." Company… Your company's sales, services, characteristics, etc. Customer… Consumer needs, etc. Competitor… Other companies in the same industry competing in the same market. By analyzing these 3Cs, you can understand the current situation of the company and create a foundation for developing marketing strategies for future product development and sales methods. For more information on the 3C analysis method, please see the related links.

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Promotion strategies: From 3C analysis to 5C analysis! A thorough explanation of the basics.

5C analysis is a marketing method that analyzes from multiple perspectives!

What is 3C analysis? It is a framework for analyzing the market environment based on three elements: Customer, Competitor, and Company. What is 5C analysis? It is a marketing method that analyzes five elements: Customer, Competitor, Company, Intermediate Customer, and Community. Differences between 3C analysis and 5C analysis 5C analysis requires more effort than 3C analysis, but it allows for more detailed analysis and the development of more precise strategies. Three reasons why 5C analysis is important Reason 1: It clarifies KFS (Key Success Factors) By clarifying success factors, appropriate marketing strategies can be developed, leading the business to success. Reason 2: It reduces the risk of failure By thoroughly analyzing the internal and external environments of the company, strategies with a high success rate can be formulated with fewer resources and effort. Reason 3: It allows for multifaceted analysis It is considered important because it is suitable for the modern marketing environment, which has advanced in digitalization.

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