Business strategy focuses more on the entire business as a whole. This would include Branding, Marketing, Sales, Finance etc. It is the development, execution and maintenance of critical business assets that help a business achieve its long-term goals.
While Marketing strategies refer to plans that involve making or selling a product that is mix of product, price, place and promotion. It is just a part of an overall business strategy. Marketing strategies include creating a product with a unique selling benefit, targeting a particular consumer demographic, setting prices based on profit and brand-management needs & using advertising, promotions, social media and public relations activities that support the a company’s brand message.
The business strategy is broader in scope and includes all aspects of the business.
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