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The 5Cs of marketing represent an effective analytical model which enables businesses to study their market forces and develop effective choices. It includes different concepts such as:
Company: This aspect considers understanding strengths, weaknesses, brand character and market situation.
Customers: This considers identifying their target customers, buying habits and market segmentation requirements.
Competitors: This concept is all about analysing the strategic position and market competition of a company.
Collaborators: Involves evaluating suppliers, partners and business alliances.
Climate: The analysis includes an assessment of environmental elements such as economic patterns and social patterns.
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