Question

By accurately assessing the reach of a particular messaging strategy, you can help avoid which of the following risks? Select all that apply.

A. Gathering too much information on a target audience to be helpful in designing your strategy

B. Having a surplus of product that is greater than the demand generated by your strategy

C. Wasting time and money on a strategy that will not generate enough interest to be worth the return on investment

D. Underestimating the investment necessary to implement your marketing strategy.

Answer 1

Gathering too much information on a target audience to be helpful in designing your strategy and underestimating the investment necessary to implement your marketing strategy are the ways that can help avoid the risks.

Why is important to understand the market before investing?

Understanding the market before apply or put any fund in the market or the particular situation is very necessary, as it gives the idea of risk involved in that market and what percentage of the amount can be invested is also been understood through research.

Thus, option A and D are correct.

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