Developing and implementing a marketing strategy involves the following stages, except:

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The stages involved in developing and implementing a marketing strategy include identifying and evaluating opportunities, analyzing market segments and selecting target markets, designing a marketing mix strategy, implementing and managing the marketing mix, and analyzing marketing performance. Designing the data collection method is not a stage in the process but rather a tool used during the stages of analyzing market segments and evaluating opportunities.

Developing and Implementing a Marketing Strategy Involves the Following Stages