SlideShare ist ein Scribd-Unternehmen logo
1 von 38
THE FASTEST 2 HOURS IN
      MARKETING
  A workshop to quickly learn and apply
      proven marketing principles.
Q. How do you grow a business?

A. Marketing
What is Marketing?
Marketing is an organizational function
 and a set of processes for
 creating, communicating and
 delivering value to customers and for
 managing customer relationships in
 ways that benefit the organization and
 its stakeholders.(??!)
What is Marketing?

* Creating and communicating
       customer value. *
MARKETING – The 24 Tactics
   1. Develop/improve website    2. Search Engine Optimization
   3. TV ads                     4. Newspaper ads
   5. Radio ads                  6. Magazine ads
   7. Ad mail/flyers             8. Database/e-mail marketing
   9. Online ads                 10. Web links
   11. Out-of-home/billboards    12. Directory advertising
   13. In-store/p.o.s. signage   14. Hire salespeople
   15. Consumer/trade shows      16. Create a sale event/promotion
   17. Sampling                  18. Community sponsorships
   19. Public relations          20. Blog/Facebook/editorial
   21. Networking                22. Referrals
   23. Advocates                 24. Internal mktg.
MARKETING - Components

          ADVERTISING      Pricing

         DIRECT SELLING        Product
                               Selection
          PROMOTION
                                Distribution/
        PUBLIC RELATIONS        Locations
          CORPORATE
        COMMUNICATIONS
                             Staffing/Training
The aim of marketing is to know
 and understand the customer so
 well the product or service fits
 him and sells itself.
                      Peter Drucker
Why should your customers buy
 from you?

What can you say to convince
 them?
Customers must recognize that
 you stand for something.
                Howard Schultz
MARKETING - strategy
 Where do you start?
 The 4 P’s:       Or a S.W.O.T. Analysis?
     Product         Strengths
     Place           Weaknesses
     Price           Opportunities
     Promotion       Threats
MARKETING – Strategy Development
For most companies, an effective strategy is
  achieved by working through The 4 M’s of
  Marketing…
MARKETING - objectives
What do you want your marketing strategy to do?
   Attract new customers       Build brand image
   Increase margins            Sell product now
   Grow current customers      Create demand…
       PRICE
What influences marketing strategy?

                       Competitors             Marketing
                                               Channels




 Legal Environment                                           Technology/Nature



                                     Market



Economic Environment                                           Social/Cultural




                       Suppliers              Shareholders
What can you be the best in
the world at?
                Jim Collins
Your MARKET
Analyze your Target Market and your Competitive Market…
Who is your best customer?
    Demographics … age, income, household size …
    Psychographics …what are their Values/Attitudes/Lifestyles?
    Geographics … where do they live, work, shop?
    Media habits … are they heavy users of any media?
    Influencers … can your target’s influencers be targeted?

How large is your Target Market?
How many Target Markets?
Are there other potential markets for growth?
What do you do better than anyone else?
Identify your Core Competency and then your Value Proposition (or
   Unique Selling Proposition)

Then consider your competitors and their strengths and weaknesses
  1. ______________ s/w:___________________________________
  2. ______________ s/w:___________________________________
  3. ______________ s/w:___________________________________

• Where is the opportunity for you to be positioned?
• What position can you own in a consumer’s mind?
The Marketing Matrix
                                   Performance options:
                                        Quality
             B                          Convenience
    Price




                       A                Selection
                                        Service
                 C             D        Expertise
                                        Value

                 Performance
The basic issue in marketing is
 creating a category you can be
 first in. It’s better to be first than
 it is to be better.
                   Jack Trout & Al Ries
Answer W.I.F.M.?                               Self-
   Basic Necessity                         Actualization
  Safety
  Cost-Savings
  Time-Savings
  Health/Well-being/Comfort
  Status                                   Basic Needs
  ________ ?

What “emotional driver” can you tap into?
Great brands find relevant ways to
 tap the emotional drivers that
 already reside deep inside each of
 us.
  Scott Bedbury “A New Brand World”
What can you say to convince them to do business with you?
 Persuasive, memorable messages (A.I.D.A. Communication formula):
      Engage your customer (get their ATTENTION) …
      Tell them what is in it for them (peak their INTEREST) …
      Tell them what it will do for them (build a DESIRE) …
      State what you want them to do (call them to ACTION) …
      Re-state benefits of your business (your positioning statement) …
      Make your name stick (name association) …
      Simplify … less is more
A brand for a company is like a
 reputation for a person. You
 earn your reputation by doing
 the hard things well.
          Jeff Bezos, Amazon.com
What is the most effective method to deliver your Message?
    1.   Reach the right people
    2.   With the right message
    3.   In the right environment
    4.   The right number of times
    5.   As cost-efficiently as possible
The 4 methods of Promotion …
    Advertising…Promotional Marketing…Public Relations …Direct
        Marketing
What is your Marketing Budget? … (1-20% of potential gross sales …
     depending on your goals, your market and your margins)
The 24 Tactics
1. Website (e-commerce)                 2. S.E.O. (maximize keywords)
3. TV (use sponsorships)                4. Newspaper (scatter ads)
5. Radio (voice your own ad)            6. Magazine (inserts)
7. Ad mail/flyers (send invitations)    8. Database mktg. (send e-newsletter)
9. Online ads (Google adwords)          10. Web links (build business connections)
11. O.O.H./billboards (:03 impact)      12. Directory advertising (free offer)
13. In-store/P.O.S. (unique location)   14. Salespeople (do research)
15. Consumer/Trade shows (character)    16. Sale event/promotion (open house)
17. Sampling (cheerleaders)             18. Community (sponsor team)
19. PR (newsworthy media release)       20. Editorial/Blog/Facebook/(id trends)
21. Networking (join something)         22. Referrals (offer rewards)
23. Advocates (develop advisors)        24. Internal mktg. (empower your staff)
Always dominate a medium.
 The key to media dominance is
 relentless repetition.
            “The Wizard of Ads”
Next Steps:
    Marketing Planning

    Marketing Research

    Marketing Calendar

    Marketing Management & Controls

    Marketing Action Steps

    Marketing Systems
There is only one boss. The customer.
 And he can fire everybody in the
 company from the chairman
 down, simply by spending his
 money somewhere else.
                          Sam Walton
MARKETING – strategic planning
What have you identified that affects your Marketing
 Strategy?
 ___________________________________
 ___________________________________
 ___________________________________


Write the basics of your strategy (in less than 3
  sentences):
(ie: In the next year we want to increase sales by 10% by increasing new
     customers by 10%. We will do this by consistently communicating to our
     new customer target market the benefits we offer them through our new
     positioning as the market leader in product selection).
MARKETING - planning
After developing the basics of your Marketing Strategy, consider
   the following:

    Marketing Research – What else do we need to know?
    Marketing Communication – What else will we need to say?
    Marketing Tactics – What can we do best?
    Marketing Calendar – When can we do it?
    Marketing Action Steps – How do we start?
    Marketing Metrics – How will we know when it is working?
MARKETING - research
 How do you know you have the right strategy?
 First, develop your research plan:
       Define the problem or the info you require
       Develop a plan; include sources, methodology, questionairre design, and
        review criteria
       Implement the Plan
       Review findings and revise Marketing Strategy accordingly
 Sources:
       Internal: employees, management,
       Customers: existing, former, potential
       Existing Research: Statscan, internet, suppliers
       Surveys: Ipsos-omnibus, customized
MARKETING - communication
 Developing your Power Words and Images:
    What words and phrases motivate your best customer?
    What images motivate your best customer?
    What is your competition communicating?
    How can you communicate more effectively than them?
    What type of communication may turn-off your best customers?
    Is the message setting realistic expectations for your customer?
    Use experts communicators in specific media
    Simplify …
The more information you put
 into a message, the less people
 take out.
               Michael Newman
Tactic 1


                   Tactic 2



                                                 Review



                                                        Tactic 1


                                                                         Tactic 3




                                      Tactic 4

Jan    Feb       Mar      Apr   May   Jun        July       Sep    Oct    Nov       Dec
MARKETING – action plan
Develop your goals, your strategy and then your tactics …
    then take action.
   Who will do it? … assign responsibility
   How will it be done? … list tools
   When will it be done? … set dates
   When will it be reviewed? … monthly, quarterly?
   How will we know when it is working? … measure
   How will we celebrate achievement?!?
MARKETING METRICS – and management
                         Continual
                        Measurement




            Seek         Marketing           Evaluate
       Innovation       Management           Performance




                    Take Corrective Action
People who are exceptionally good at
business aren’t so because of what they
know but because of their insatiable need
to know more.
             Michael Gerber, The E Myth
Every company is a Marketing Company.
Every employee is in Marketing.
MARKETING - Resources
     Marketing–An Introduction – Armstrong, Kotler, Cunningham
     www.sethgodin.com – Seth Godin
     Positioning – Trout & Ries (or The 22 Immutable Laws of
      Marketing, or Marketing Warfare, or Focus or any book by Jack Trout
      or Al Ries; www.troutandpartners.com )
     Good to Great – Collins ( www.jimcollins.com )
     The E Myth – Michael Gerber ( www.e-myth.com )
     A New Brand World – Bedbury ( www.brandstream.com )
     Creative Leaps – Michael Newman
     Made to Stick – Chip Heath
     www.wizardofads.com – Roy Williams
     …& Anthony Marketing Systems – bruce@anthonymarketing.ca

Weitere ähnliche Inhalte

Was ist angesagt?

52 Social Media Strategies To Explode Your 2014
52 Social Media Strategies To Explode Your 201452 Social Media Strategies To Explode Your 2014
52 Social Media Strategies To Explode Your 2014Clement Wong
 
Strategic brand Planner
Strategic brand  PlannerStrategic brand  Planner
Strategic brand Plannerf.oggero
 
Londre marketingconsulting nineps
Londre marketingconsulting ninepsLondre marketingconsulting nineps
Londre marketingconsulting ninepsMiracleMaeCaparas
 
Developing a Marketing Communications plan
Developing a Marketing Communications planDeveloping a Marketing Communications plan
Developing a Marketing Communications planAndy Forbes
 
Creative marketing tactics
Creative marketing tacticsCreative marketing tactics
Creative marketing tacticsAditiSingh961153
 
February 2012 - Marketing Roundtable - Chris Kochmanski
February 2012 - Marketing Roundtable - Chris KochmanskiFebruary 2012 - Marketing Roundtable - Chris Kochmanski
February 2012 - Marketing Roundtable - Chris KochmanskiAnnArborSPARK
 
The Strategic Designer Brand Strategy Development Workshop
The Strategic Designer Brand Strategy Development WorkshopThe Strategic Designer Brand Strategy Development Workshop
The Strategic Designer Brand Strategy Development Workshopdbholston
 
4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla Marketer4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla MarketerAnthony William Tucker
 
Quota Catalog 2013
Quota Catalog 2013Quota Catalog 2013
Quota Catalog 2013Ashraf Osman
 
Brand Analytics Thoughtpiece
Brand Analytics ThoughtpieceBrand Analytics Thoughtpiece
Brand Analytics ThoughtpieceMichael Graham
 
Nonprofit Marketing101
Nonprofit Marketing101Nonprofit Marketing101
Nonprofit Marketing101Tom Tresser
 
Marketing with Prof Tat Chan 11-29-10
Marketing with Prof Tat Chan 11-29-10Marketing with Prof Tat Chan 11-29-10
Marketing with Prof Tat Chan 11-29-10Jim Holbrook
 
What is branding
What is brandingWhat is branding
What is brandingvijaykhera5
 

Was ist angesagt? (20)

4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla Marketer4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla Marketer
 
52 Social Media Strategies To Explode Your 2014
52 Social Media Strategies To Explode Your 201452 Social Media Strategies To Explode Your 2014
52 Social Media Strategies To Explode Your 2014
 
Strategic brand Planner
Strategic brand  PlannerStrategic brand  Planner
Strategic brand Planner
 
Londre marketingconsulting nineps
Londre marketingconsulting ninepsLondre marketingconsulting nineps
Londre marketingconsulting nineps
 
Developing a Marketing Communications plan
Developing a Marketing Communications planDeveloping a Marketing Communications plan
Developing a Marketing Communications plan
 
Creative marketing tactics
Creative marketing tacticsCreative marketing tactics
Creative marketing tactics
 
Customer Evangelism
Customer EvangelismCustomer Evangelism
Customer Evangelism
 
February 2012 - Marketing Roundtable - Chris Kochmanski
February 2012 - Marketing Roundtable - Chris KochmanskiFebruary 2012 - Marketing Roundtable - Chris Kochmanski
February 2012 - Marketing Roundtable - Chris Kochmanski
 
The Strategic Designer Brand Strategy Development Workshop
The Strategic Designer Brand Strategy Development WorkshopThe Strategic Designer Brand Strategy Development Workshop
The Strategic Designer Brand Strategy Development Workshop
 
4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla Marketer4 P's of Marketing: Confessions of a Guerrilla Marketer
4 P's of Marketing: Confessions of a Guerrilla Marketer
 
WOW T.R.U.E. Brand Marketing
WOW T.R.U.E. Brand MarketingWOW T.R.U.E. Brand Marketing
WOW T.R.U.E. Brand Marketing
 
Quota Catalog 2013
Quota Catalog 2013Quota Catalog 2013
Quota Catalog 2013
 
7 B2B event marketing ideas
7 B2B event marketing ideas7 B2B event marketing ideas
7 B2B event marketing ideas
 
Brand Analytics Thoughtpiece
Brand Analytics ThoughtpieceBrand Analytics Thoughtpiece
Brand Analytics Thoughtpiece
 
Nonprofit Marketing101
Nonprofit Marketing101Nonprofit Marketing101
Nonprofit Marketing101
 
Brand Planning
Brand PlanningBrand Planning
Brand Planning
 
Marketing with Prof Tat Chan 11-29-10
Marketing with Prof Tat Chan 11-29-10Marketing with Prof Tat Chan 11-29-10
Marketing with Prof Tat Chan 11-29-10
 
What is branding
What is brandingWhat is branding
What is branding
 
Brand Analytics Workshop
Brand Analytics WorkshopBrand Analytics Workshop
Brand Analytics Workshop
 
Brand experience media planning
Brand experience media planningBrand experience media planning
Brand experience media planning
 

Ähnlich wie The Fastest 2 Hours In Marketing

Marketing for Small Business
Marketing for Small BusinessMarketing for Small Business
Marketing for Small BusinessTwoCents Group
 
Aanc mark101 040512
Aanc mark101 040512Aanc mark101 040512
Aanc mark101 040512Tom George
 
Ccsdbyhday1santodms
Ccsdbyhday1santodmsCcsdbyhday1santodms
Ccsdbyhday1santodmsAnne Starr
 
4715_Think_piece_2014_email
4715_Think_piece_2014_email4715_Think_piece_2014_email
4715_Think_piece_2014_emailClock Creative
 
Ccsddmbysantoshday1,2,3
Ccsddmbysantoshday1,2,3Ccsddmbysantoshday1,2,3
Ccsddmbysantoshday1,2,3Anne Starr
 
Brand Building 101
Brand Building 101Brand Building 101
Brand Building 101simderob
 
Discovering and Navigating Niche Markets, Resources for the Nonprofit Marketer
Discovering and Navigating Niche Markets, Resources for the Nonprofit MarketerDiscovering and Navigating Niche Markets, Resources for the Nonprofit Marketer
Discovering and Navigating Niche Markets, Resources for the Nonprofit MarketerMissy (Grubbs, Blankenship) Schmidt
 
Small Business Marketing Ppt
Small Business Marketing PptSmall Business Marketing Ppt
Small Business Marketing Pptpnourse
 
The Business Partner Story
The Business Partner StoryThe Business Partner Story
The Business Partner Storywayneoates
 
Topic 2- Modules 1 to 4
Topic 2- Modules 1 to 4Topic 2- Modules 1 to 4
Topic 2- Modules 1 to 4rheaverma
 
Marketing Starts Inside the Organization
Marketing Starts Inside the OrganizationMarketing Starts Inside the Organization
Marketing Starts Inside the OrganizationMike Kujawski
 
Week 6: Planning Workshop
Week 6: Planning WorkshopWeek 6: Planning Workshop
Week 6: Planning Workshoplisahaggis
 
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"Inhacking
 
Jan Kein Do the right thingmarketing for startups
Jan Kein Do the right thingmarketing for startupsJan Kein Do the right thingmarketing for startups
Jan Kein Do the right thingmarketing for startupsАліна Шепшелей
 
Week 3: Marketing and Entrepreneurship
Week 3: Marketing and EntrepreneurshipWeek 3: Marketing and Entrepreneurship
Week 3: Marketing and Entrepreneurshiplisahaggis
 

Ähnlich wie The Fastest 2 Hours In Marketing (20)

Marketing for Small Business
Marketing for Small BusinessMarketing for Small Business
Marketing for Small Business
 
Aanc mark101 040512
Aanc mark101 040512Aanc mark101 040512
Aanc mark101 040512
 
Marketing Planning for 2011
Marketing Planning for 2011Marketing Planning for 2011
Marketing Planning for 2011
 
Ccsddm5days
Ccsddm5daysCcsddm5days
Ccsddm5days
 
Ccsdbyhday1santodms
Ccsdbyhday1santodmsCcsdbyhday1santodms
Ccsdbyhday1santodms
 
4715_Think_piece_2014_email
4715_Think_piece_2014_email4715_Think_piece_2014_email
4715_Think_piece_2014_email
 
Ccsddmbysantoshday1,2,3
Ccsddmbysantoshday1,2,3Ccsddmbysantoshday1,2,3
Ccsddmbysantoshday1,2,3
 
Brand Building 101
Brand Building 101Brand Building 101
Brand Building 101
 
Discovering and Navigating Niche Markets, Resources for the Nonprofit Marketer
Discovering and Navigating Niche Markets, Resources for the Nonprofit MarketerDiscovering and Navigating Niche Markets, Resources for the Nonprofit Marketer
Discovering and Navigating Niche Markets, Resources for the Nonprofit Marketer
 
Small Business Marketing Ppt
Small Business Marketing PptSmall Business Marketing Ppt
Small Business Marketing Ppt
 
Business Plan Presentation
Business Plan PresentationBusiness Plan Presentation
Business Plan Presentation
 
The Business Partner Story
The Business Partner StoryThe Business Partner Story
The Business Partner Story
 
Topic 2- Modules 1 to 4
Topic 2- Modules 1 to 4Topic 2- Modules 1 to 4
Topic 2- Modules 1 to 4
 
Growing Your Business The Right Way: Why Strategy Is Vital - Adam Leach, The ...
Growing Your Business The Right Way: Why Strategy Is Vital - Adam Leach, The ...Growing Your Business The Right Way: Why Strategy Is Vital - Adam Leach, The ...
Growing Your Business The Right Way: Why Strategy Is Vital - Adam Leach, The ...
 
Marketing Starts Inside the Organization
Marketing Starts Inside the OrganizationMarketing Starts Inside the Organization
Marketing Starts Inside the Organization
 
Week 6: Planning Workshop
Week 6: Planning WorkshopWeek 6: Planning Workshop
Week 6: Planning Workshop
 
BC SVP Non Profit Marketing Workshop
BC SVP Non Profit Marketing WorkshopBC SVP Non Profit Marketing Workshop
BC SVP Non Profit Marketing Workshop
 
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"
SE2016 Marketing&PR Jan Keil "Do the right thing marketing for startups"
 
Jan Kein Do the right thingmarketing for startups
Jan Kein Do the right thingmarketing for startupsJan Kein Do the right thingmarketing for startups
Jan Kein Do the right thingmarketing for startups
 
Week 3: Marketing and Entrepreneurship
Week 3: Marketing and EntrepreneurshipWeek 3: Marketing and Entrepreneurship
Week 3: Marketing and Entrepreneurship
 

Kürzlich hochgeladen

Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Roland Driesen
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfOnline Income Engine
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in managementchhavia330
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Serviceritikaroy0888
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insightsseribangash
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMANIlamathiKannappan
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...noida100girls
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaShree Krishna Exports
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Roomdivyansh0kumar0
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdftbatkhuu1
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsApsara Of India
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetDenis Gagné
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...Any kyc Account
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communicationskarancommunications
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableDipal Arora
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageMatteo Carbone
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Neil Kimberley
 

Kürzlich hochgeladen (20)

Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...Boost the utilization of your HCL environment by reevaluating use cases and f...
Boost the utilization of your HCL environment by reevaluating use cases and f...
 
Unlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdfUnlocking the Secrets of Affiliate Marketing.pdf
Unlocking the Secrets of Affiliate Marketing.pdf
 
GD Birla and his contribution in management
GD Birla and his contribution in managementGD Birla and his contribution in management
GD Birla and his contribution in management
 
Call Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine ServiceCall Girls In Panjim North Goa 9971646499 Genuine Service
Call Girls In Panjim North Goa 9971646499 Genuine Service
 
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key InsightsUnderstanding the Pakistan Budgeting Process: Basics and Key Insights
Understanding the Pakistan Budgeting Process: Basics and Key Insights
 
A DAY IN THE LIFE OF A SALESMAN / WOMAN
A DAY IN THE LIFE OF A  SALESMAN / WOMANA DAY IN THE LIFE OF A  SALESMAN / WOMAN
A DAY IN THE LIFE OF A SALESMAN / WOMAN
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
 
Best Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in IndiaBest Basmati Rice Manufacturers in India
Best Basmati Rice Manufacturers in India
 
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130  Available With RoomVIP Kolkata Call Girl Howrah 👉 8250192130  Available With Room
VIP Kolkata Call Girl Howrah 👉 8250192130 Available With Room
 
Event mailer assignment progress report .pdf
Event mailer assignment progress report .pdfEvent mailer assignment progress report .pdf
Event mailer assignment progress report .pdf
 
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call GirlsCash Payment 9602870969 Escort Service in Udaipur Call Girls
Cash Payment 9602870969 Escort Service in Udaipur Call Girls
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature SetCreating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
 
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
KYC-Verified Accounts: Helping Companies Handle Challenging Regulatory Enviro...
 
Pharma Works Profile of Karan Communications
Pharma Works Profile of Karan CommunicationsPharma Works Profile of Karan Communications
Pharma Works Profile of Karan Communications
 
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service AvailableCall Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
Call Girls Pune Just Call 9907093804 Top Class Call Girl Service Available
 
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usageInsurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
 
Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023Mondelez State of Snacking and Future Trends 2023
Mondelez State of Snacking and Future Trends 2023
 

The Fastest 2 Hours In Marketing

  • 1. THE FASTEST 2 HOURS IN MARKETING A workshop to quickly learn and apply proven marketing principles.
  • 2. Q. How do you grow a business? A. Marketing
  • 3. What is Marketing? Marketing is an organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders.(??!)
  • 4. What is Marketing? * Creating and communicating customer value. *
  • 5. MARKETING – The 24 Tactics 1. Develop/improve website 2. Search Engine Optimization 3. TV ads 4. Newspaper ads 5. Radio ads 6. Magazine ads 7. Ad mail/flyers 8. Database/e-mail marketing 9. Online ads 10. Web links 11. Out-of-home/billboards 12. Directory advertising 13. In-store/p.o.s. signage 14. Hire salespeople 15. Consumer/trade shows 16. Create a sale event/promotion 17. Sampling 18. Community sponsorships 19. Public relations 20. Blog/Facebook/editorial 21. Networking 22. Referrals 23. Advocates 24. Internal mktg.
  • 6. MARKETING - Components ADVERTISING Pricing DIRECT SELLING Product Selection PROMOTION Distribution/ PUBLIC RELATIONS Locations CORPORATE COMMUNICATIONS Staffing/Training
  • 7. The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. Peter Drucker
  • 8. Why should your customers buy from you? What can you say to convince them?
  • 9. Customers must recognize that you stand for something. Howard Schultz
  • 10. MARKETING - strategy Where do you start? The 4 P’s: Or a S.W.O.T. Analysis?  Product  Strengths  Place  Weaknesses  Price  Opportunities  Promotion  Threats
  • 11. MARKETING – Strategy Development For most companies, an effective strategy is achieved by working through The 4 M’s of Marketing…
  • 12. MARKETING - objectives What do you want your marketing strategy to do?  Attract new customers  Build brand image  Increase margins  Sell product now  Grow current customers  Create demand… PRICE
  • 13. What influences marketing strategy? Competitors Marketing Channels Legal Environment Technology/Nature Market Economic Environment Social/Cultural Suppliers Shareholders
  • 14. What can you be the best in the world at? Jim Collins
  • 15. Your MARKET Analyze your Target Market and your Competitive Market… Who is your best customer?  Demographics … age, income, household size …  Psychographics …what are their Values/Attitudes/Lifestyles?  Geographics … where do they live, work, shop?  Media habits … are they heavy users of any media?  Influencers … can your target’s influencers be targeted? How large is your Target Market? How many Target Markets? Are there other potential markets for growth?
  • 16. What do you do better than anyone else? Identify your Core Competency and then your Value Proposition (or Unique Selling Proposition) Then consider your competitors and their strengths and weaknesses 1. ______________ s/w:___________________________________ 2. ______________ s/w:___________________________________ 3. ______________ s/w:___________________________________ • Where is the opportunity for you to be positioned? • What position can you own in a consumer’s mind?
  • 17. The Marketing Matrix Performance options:  Quality B  Convenience Price A  Selection  Service C D  Expertise  Value Performance
  • 18. The basic issue in marketing is creating a category you can be first in. It’s better to be first than it is to be better. Jack Trout & Al Ries
  • 19. Answer W.I.F.M.? Self-  Basic Necessity Actualization  Safety  Cost-Savings  Time-Savings  Health/Well-being/Comfort  Status Basic Needs  ________ ? What “emotional driver” can you tap into?
  • 20. Great brands find relevant ways to tap the emotional drivers that already reside deep inside each of us. Scott Bedbury “A New Brand World”
  • 21. What can you say to convince them to do business with you? Persuasive, memorable messages (A.I.D.A. Communication formula):  Engage your customer (get their ATTENTION) …  Tell them what is in it for them (peak their INTEREST) …  Tell them what it will do for them (build a DESIRE) …  State what you want them to do (call them to ACTION) …  Re-state benefits of your business (your positioning statement) …  Make your name stick (name association) …  Simplify … less is more
  • 22. A brand for a company is like a reputation for a person. You earn your reputation by doing the hard things well. Jeff Bezos, Amazon.com
  • 23. What is the most effective method to deliver your Message? 1. Reach the right people 2. With the right message 3. In the right environment 4. The right number of times 5. As cost-efficiently as possible The 4 methods of Promotion … Advertising…Promotional Marketing…Public Relations …Direct Marketing What is your Marketing Budget? … (1-20% of potential gross sales … depending on your goals, your market and your margins)
  • 24. The 24 Tactics 1. Website (e-commerce) 2. S.E.O. (maximize keywords) 3. TV (use sponsorships) 4. Newspaper (scatter ads) 5. Radio (voice your own ad) 6. Magazine (inserts) 7. Ad mail/flyers (send invitations) 8. Database mktg. (send e-newsletter) 9. Online ads (Google adwords) 10. Web links (build business connections) 11. O.O.H./billboards (:03 impact) 12. Directory advertising (free offer) 13. In-store/P.O.S. (unique location) 14. Salespeople (do research) 15. Consumer/Trade shows (character) 16. Sale event/promotion (open house) 17. Sampling (cheerleaders) 18. Community (sponsor team) 19. PR (newsworthy media release) 20. Editorial/Blog/Facebook/(id trends) 21. Networking (join something) 22. Referrals (offer rewards) 23. Advocates (develop advisors) 24. Internal mktg. (empower your staff)
  • 25. Always dominate a medium. The key to media dominance is relentless repetition. “The Wizard of Ads”
  • 26. Next Steps: Marketing Planning Marketing Research Marketing Calendar Marketing Management & Controls Marketing Action Steps Marketing Systems
  • 27. There is only one boss. The customer. And he can fire everybody in the company from the chairman down, simply by spending his money somewhere else. Sam Walton
  • 28. MARKETING – strategic planning What have you identified that affects your Marketing Strategy?  ___________________________________  ___________________________________  ___________________________________ Write the basics of your strategy (in less than 3 sentences): (ie: In the next year we want to increase sales by 10% by increasing new customers by 10%. We will do this by consistently communicating to our new customer target market the benefits we offer them through our new positioning as the market leader in product selection).
  • 29. MARKETING - planning After developing the basics of your Marketing Strategy, consider the following:  Marketing Research – What else do we need to know?  Marketing Communication – What else will we need to say?  Marketing Tactics – What can we do best?  Marketing Calendar – When can we do it?  Marketing Action Steps – How do we start?  Marketing Metrics – How will we know when it is working?
  • 30. MARKETING - research How do you know you have the right strategy? First, develop your research plan:  Define the problem or the info you require  Develop a plan; include sources, methodology, questionairre design, and review criteria  Implement the Plan  Review findings and revise Marketing Strategy accordingly Sources:  Internal: employees, management,  Customers: existing, former, potential  Existing Research: Statscan, internet, suppliers  Surveys: Ipsos-omnibus, customized
  • 31. MARKETING - communication Developing your Power Words and Images:  What words and phrases motivate your best customer?  What images motivate your best customer?  What is your competition communicating?  How can you communicate more effectively than them?  What type of communication may turn-off your best customers?  Is the message setting realistic expectations for your customer?  Use experts communicators in specific media  Simplify …
  • 32. The more information you put into a message, the less people take out. Michael Newman
  • 33. Tactic 1 Tactic 2 Review Tactic 1 Tactic 3 Tactic 4 Jan Feb Mar Apr May Jun July Sep Oct Nov Dec
  • 34. MARKETING – action plan Develop your goals, your strategy and then your tactics … then take action.  Who will do it? … assign responsibility  How will it be done? … list tools  When will it be done? … set dates  When will it be reviewed? … monthly, quarterly?  How will we know when it is working? … measure  How will we celebrate achievement?!?
  • 35. MARKETING METRICS – and management Continual Measurement Seek Marketing Evaluate Innovation Management Performance Take Corrective Action
  • 36. People who are exceptionally good at business aren’t so because of what they know but because of their insatiable need to know more. Michael Gerber, The E Myth
  • 37. Every company is a Marketing Company. Every employee is in Marketing.
  • 38. MARKETING - Resources  Marketing–An Introduction – Armstrong, Kotler, Cunningham  www.sethgodin.com – Seth Godin  Positioning – Trout & Ries (or The 22 Immutable Laws of Marketing, or Marketing Warfare, or Focus or any book by Jack Trout or Al Ries; www.troutandpartners.com )  Good to Great – Collins ( www.jimcollins.com )  The E Myth – Michael Gerber ( www.e-myth.com )  A New Brand World – Bedbury ( www.brandstream.com )  Creative Leaps – Michael Newman  Made to Stick – Chip Heath  www.wizardofads.com – Roy Williams  …& Anthony Marketing Systems – bruce@anthonymarketing.ca