2023; Geological and Geographical Sciences, 57(1-2 (260): 68–76
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THE USE OF MATRICES IN SERVICE MARKETING RESEARCH

Received: 2025-03-13 · Published: 2023-07-13

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Original title
THE USE OF MATRICES IN SERVICE MARKETING RESEARCH
Author
Mariam Tashyan
Published
2023-07-13
Licence
Creative Commons Attribution-NonCommercial 4.0 International
Original
https://doi.org/10.46991/PYSU:C/2023.57.1-2.068

Abstract

The purpose of this study is to analyze the applicability of various marketing methods and tools for building a marketing strategy for service companies. We have discussed four marketing matrices and explore their productiveness in service marketing researches. As a result, we find out that matrices are the most productive methods for service companies and they have many advantages. They provide an opportunity։ to develop a strategic complex of measures aimed at increasing business turnover; to use several strategies at the same time; to find a situation in the market in which the company will be protected and will be able to independently influence the competitive forces in their market; to predict the threat level of competitors for business activity; to the company owners to assess their company's capabilities against their main competitors; to facilitate the identification of competitive advantages and market opportunities so that companies can develop or create products, services and market strategies.
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