What is a go to market strategy?

Rosaline

New member
What is a go to market strategy and why is it important for businesses? I want to know how companies use it when launching a new product. What are the main components involved?
 
A go-to-market (GTM) strategy is a policy of the introduction of a product or service into the appropriate environment. It identifies target customers, value proposition, pricing, distribution channels, marketing strategies and sales strategy in order to create adoption and competitive advantage.
 
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