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QUOTATIONS ARE HEREBY REQUESTED IN ACCORDANCE WITH THE SCM REGULATIONS SECTION 18 OF THE LOCAL GOVERNMENT MUNICIPAL FINANCE MANAGEMENT ACT 56 OF 2003, FOR THE PURCHASE OF ITEM/S THAT COULD BE ABOVE
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New business development marketing is the strategy and process of identifying and pursuing potential new business opportunities.
New business development marketing is typically filed by business development teams or marketing departments within a company.
To fill out new business development marketing, companies typically outline their goals, target markets, competitive analysis, and strategies for acquiring new business.
The purpose of new business development marketing is to help businesses grow by expanding their customer base, entering new markets, or launching new products/services.
Information that must be reported on new business development marketing includes market research, competitor analysis, target demographics, and proposed marketing strategies.
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