One example of a company that successfully adjusted to the shift towards online sales is Nike. They invested heavily in their online platform and digital marketing strategies, which allowed them to reach a wider audience and increase their sales significantly. They also implemented a direct-to-consumer strategy, reducing their reliance on third-party retailers. This shift towards online sales has proven to be very successful for Nike, as they have seen a significant increase in their online sales over the past few years.

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Go-to-Market Strategy (Part 2)

How to introduce a new product to the most promising market? With a solid go to market strategy on deck, make sure the resources and hard work spent o...

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The best product leaders and marketers are those who pay attention to the big environment. Think about what happened in the last few years as businesses had to adjust to new purchase behaviors. In many cases, the necessity of online sales eventually became a preference, as businesses and shoppers were mutually benefited. 

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Businesses can employ several alternative strategies to adjust to new purchase behaviors. They can enhance their online presence, invest in e-commerce platforms, and utilize digital marketing strategies. They can also focus on improving customer service, offering flexible payment options, and personalizing the shopping experience. Additionally, businesses can leverage data analytics to understand customer behavior and preferences better.

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