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Other traditional agents argue that they have the market knowledge and expertise to get the highest price.
"This is bringing in private sector skills, market knowledge and insight to support the transformation of public sector organisations.
The tightening of visa regulations, their lack of market knowledge and differences in work culture can make it hard for them to gain such experience, however.
Thomas Cook said the joint venture would marry its "brand heritage and expertise in international travel" with Fosun's "local market knowledge and operation resources".
Having worked with hedge funds and high-frequency traders, Mr. Berman came to his current job a year ago with practical market knowledge and a familiarity with the world of stock trading.
But at a more junior level, returnees can sometimes have problems reintegrating, may lack local market knowledge and are expensive.Recruitment, retention and localisation of staff is now top of the agenda for firms in China.
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We are looking at tapping other revenue streams … to expand the IT department and to bring in technicians, sales and marketing knowledge and security".
The repetitive application of marketing knowledge and skills, develops and polishes the marketing capabilities of the firm.
Getting into these markets takes specialized marketing knowledge and a combination of technology like software and cartography that those companies don't have," says Kao.
7. Expand your own marketing knowledge and experience.
Learning to admit what we don't know about our consumers, and about how our marketing programs are and aren't working, is the first step to closing the gap between marketing knowledge and data support.
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