Sunday 9 December 2012

Customer Focus All Ways.


A retail chain revamps its design and there is much back-slapping and pronouncement.

Sarah Doyle, marketing director of Eat says, "We are very excited to be unveiling EAT.’s new look which we feel reflects the core principles on which our brand was originally founded. It is modern and stylish, yet also has a natural, simple and handcrafted feel, which reflects the essence of our food. The new design marks the start of a new stage of growth and expansion for the business."

All very nice, but there's no mention there of improved service or better customer experience. Indeed, there's virtually no mention of the customer at all and even though this is taken from a design magazine, I think that's unforgiveable.

Blinkered broadcasting isn't limited to advertising and if you're not mentioning your customer front and centre, then you run the risk of appearing to belong to the old school of marketing by message. You also run the risk of forgetting what your job is.

Addendum: That said, I do think it's a little harsh of the article to refer to "The new Strand flagship store, with inferiors by Stiff and Trevillion."

They're not that bad.

Thursday 6 December 2012

Start Making Sense.

So, British Airways serve in-flight croissants. It's hardly a deal-clincher is it? And not just because we all know what fast-food croissants inevitably taste like. But when they go on to describe a light breakfast in such ridiculously overblown and patronising language, you have to wonder if they got the memo about treating customers as sentient human beings.

Guilt-free friend indeed. Too fly to serve more like.

Wednesday 28 November 2012

The Low ROI Of Narcissists.

I've long been a sceptic of the value of Facebook Likes and Twitter retweets as measures of anything but the narcissism of the people clicking on the butons.

It's largely been a gut-feeling that's occasionally backed up by anecdotal evidence. Take, for example, the experience of the well-known blogger who was delighted to receive a huge number of retweets of his tweet announcing a new blogpost and slightly less delighted to realize later that those retweets outnumbered the aggregate number of page-views the post received in the following week.

So, I was very pleased to see that we now have a statistial analysis that showed that 16% of 2.7 million studied tweets followed the same pattern.

Meanwhile, over at Facebook, the fact that Mitt Romney has lost 100,000 of his 12 million Likes in the past two weeks doesn't mean that the GOP vote has collapsed in the same time. It's not about him, it's not about voting intentions, it's about Facebook users not wanting to be associated with a losing candidate.

 But where something is measurable (or at least countable), there will always be interested parties eager to asign their meaning to that which they've counted. As ever, make sure you understand what's being measured and, more importantly, why.

Wednesday 21 November 2012

Market Segmentation Strategy

Market segmentation strategy is to divide the market into groups, where individuals have the same needs and desires of the services and products. It could also be a segmentation of persons on the basis of behavior, culture and the economic situation. To have one idea more clear of what is the segmentation of the market, you can always look at the definition provided by dictionary.com business. It is defined as "The process of definition and sub-frontloading dividing a homogeneous big market in clearly identifiable segments that have the same needs, desires or characteristics of the demand".

Why a market segment?

Prior to the marketing of products or services, it is necessary to understand their customers, and find ways and means to meet your needs. This is essential to stay ahead of the competition and build the brand. This is done through extensive market research. Although it is not possible to meet individual needs and understand all of them, a clearly defined market segmentation strategy will help to create a market to serve groups of individuals that make economic sense to mass produce and distribute. The concept of objective market segmentation strategy also falls under this blanket, except the first acknowledges and understands the diversity of customers and offers them products and services that adapt to your specific needs. A successful strategy in the market strives to understand different segments and their different needs, the works exhibited in the common wants and responds immediately.

Strategies for market segmentation

How is a segmented market is based on certain variables. The variables used for segmentation include: differences behavioral, demographic, psychographic and geographic.

Psychographic segmentation
The segmentation of the people according to their style of life and its values, and how translates into consumption or purchases of products or services is what about the psychographic segmentation. Is like an interest, opinions, values, attitudes, and activities that perform, affect their decisions and why a group of people who leaned toward one product more than others.? A high status would mean an expensive habit fly, while a value of savings will result in a flight of the economy.
Geographic segmentation
Geographic segmentation is done by dividing people (markets) in different geographic locations. Country, State or district, the King of the high bourgeoisie, climate, the size of a place segmented in their population size in age of sages, etc, all play a role in the development of market strategies. This helps producers and marketers to understand what is going to sell and what not. For example, a market of winter clothes that definitely won't work in warm regions.
Demographic segmentation
Demographic segmentation refers to a comprehensive study of potential customers. Whereas the marketing of a product, many variables such as age, gender, education, income, size of family, occupation, socioeconomic status, culture, religion, language, nationality and are taken into account. There are many cases in which such segmentation has worked very profitable. This segmentation plays a vital role in the determination of whether a product can be marketed in mass or designed for a specific clientele.
Behavior segmentation
Behavioral segmentation is based on the needs of the client and the reaction back to these needs or for the purchase of products and / or services. This study is carried out in all the variables that are closely related to the product itself, as loyalty to a brand in particular, the profitability in terms of benefits and use the circumstances responsible for the purchase, if the customer is a regular, a first timer, and or has the potential of becoming a client, and if the willingness to buy is linked to the condition.

Successful Marketing Strategies

For any business that flourish and ultimately be profitable, a good marketing strategy should be employed. Each company or business organization carried out a series of activities in order to meet its goal of the main organization, the profit. Marketing is a process that starts from the beginning of the design of the product, just until the moment in which the consumer actually buys the product. As question in fact does not end when the consumer buys the product, customer service and relationship with the customer are also other forms of marketing well.

What is Marketing

Philip Kotler, the father of the modern marketing management, defines it as "the satisfaction of needs and desires" through a process of change. Another definition is "The management process responsible for identifying, anticipate and satisfy customer cost-effective".

It is clear from these definitions that the marketing has to be addressed to someone. It cannot be generic in nature, it is necessary to have a purpose. When a luxury car manufacturer develops its strategy that knows what the age group and income level of their customers are going to fall in. so is modified to adapt it to the needs and expectations of the target customer segment. Marketing revolves around a single person, the client, and go to any extreme to identify first what are the client's needs are, and then meet those needs.

Today's marketing strategies have become very focused on the customer, and this is very different from the old days. The reason for this is the large number of options and options that the client has today, along with the large amount of income available in their hands. This has greatly increased competition among the sellers, and the only way to attract customers is through effective marketing.

The marketing process

Marketing is a process that begins from the day on which a product is conceptualized. Characteristics, attributes and benefits of the product must be perfectly adapted to the needs and wishes of the customer, and this should be taken into account by the marketer. For this reason, larger companies spend so much money on research and development and constant innovation of its products. The key elements of a good marketing strategy are innovation and competitive advantage. Companies constantly striving to be better than its competitors in a constant supply of new products and innovative are those who enjoy most of the market share in its industry in particular.

Once the product has been developed and manufactured, customers need to be aware of the availability of the product. This is done on a large scale through advertising and direct sales. The use of different media such as Internet, television, radio, newspapers, magazines, newspapers, billboards, etc gives seller the platform for reaching a mass of people at the same time. Stressing the usefulness of the product and the novelty is the key element. Providing customers with different types of discounts, bonuses and free merchandise is also great to attract customers.

Once the product has been sold, the work of the seller is apparently more, since its task was to ensure that customer buys your product. This is as far away from reality as possible. The name of the game is customer retention, as rivals always looking to steal customers from any business. By focusing on customer satisfaction, a company that maintains its power on the client and this only can be achieved by good after sales service, quick-fix solutions complaint, informing about future offers and products and the overall management of relationships with clients (CRM). Before leaving to get more customers, it is important to build a solid foundation to retain and satisfy existing customers.

The four PS

The concept of the 4 PS of the marketing mix, is a timeless technique of the categorization of the various strategies. By keeping these 4 P in the mind of any seller can adopt and reap the benefits. Failure to this may result in a disaster and the failure of the organization.

Product: The most important thing is the product. It has to be useful, and innovative. There has to be a need for this specific type of product in the mind of the customer. Product engineering is focused on making the best products to satisfy the customer.
Price: The next most important thing is the price of the product. If a product is too expensive, customers may search and opt for cheaper alternatives. The quality of the product should be worth the price and vice versa.
Location: This refers to l

Friday 16 November 2012

Marketing promotion ideas

Marketing is an essential activity for any company, whether in any sector, such as the development of software, manufacturing, medicine, trade retail, etc plays a very important role in allowing customers to know that a company offers a product for sale. Even if the product is not as beneficial and helpful for consumers, with effective marketing strategies, the product can be sold to consumers more than expected. There are many marketing plans and strategies that are used by companies to advertise and promote their products in the market.
What ideas are used entirely depends on how big is the company.? If it's a large company, you pay more money for advertising and marketing purposes. If the company is small, it uses some simple and low-cost alternatives for advertising.

Advertising on the Internet
Nowadays, more and more companies are still dependent on the Internet marketing and advertising. This is a method of advertising that no doubt has the capacity to reach people who are beyond their geographical boundaries. If people from another State or country that you want to test your product, which would send to the orders of his region, which in turn would have an impact positive in the limits of your advertising budget.

Email marketing is a very good option for people around the world know about your products and services. You can use newsletters online make your potential customers into regular customers. Newsletters online and brochures are considered one of the new more efficient marketing and promotion ideas.

The company booths
The creation of a company at a trade fair stand is a very good idea for small businesses to display and announce its line of products for consumers. You can sponsor a team of teenagers to carry out such a campaign and give demonstrations short of products and services offered. This is really a low cost option for companies that cannot afford the luxury to spend much on advertising.

Offering free samples for use
Affordable alternative to advertising promotions and product is the distribution of free samples to potential consumers. In this case, while it should give some samples and the expense of itself, feedback and response that you receive from customers would great. In general, most of the people who have used free samples tend to return for a final purchase of good products.

Press releases
This is however an expensive alternative for small businesses, but this advertising strategy comes directly to the target audience. You can keep press releases in your locality to launch your product. However, to get a good response from consumers, your company needs to have a good reputation in the minds of the people with regard to the guarantee of quality in the products we offer.

Sponsor a charitable activity
This is the best method to get your company in the spotlight. Sponsor an event for a charitable organization that favor him. The media never lost from charity events, that might be a good advantage for the promotion of your product.

Free merchandise
Many companies take the help of this method of advertising for products, which includes the distribution of free stuff such as t-shirts, caps, mugs, bags, etc with your company name and information printed on them. Although recipients may consider these free goods as gifts, their products are advertised widely, which can increase your business dramatically.

Promotion of products Via competitions
The holding of a public announcement is another good way to get your company promoted products. You can configure your products gift basket for the winners of these competitions. With these contests, can attract public attention and their services can also be made well known.

These are some of the ideas of marketing promotion that you can use for projects of promotion of products in your company. Once your product is widely known, shall constitute in itself a kind of basis for the promotion of other products that your company will be launched.

Marketing ideas for restaurants

Did you know that ninety percent of all restaurants go out of business the first year. This could be due to a number of reasons, such as unattractive food, poor service or poor marketing strategy. You can be sure that the food in the restaurant is of the highest quality and service is impeccable, but you need good marketing ideas if you want to be a success. The restaurant business is a difficult question, with numerous new restaurants that have to compete with, as well as attract the customers of the older restaurants. Moreover, customers of his restaurant will be very fickle and dine somewhere else if you make a mistake. Therefore, it is very important that your restaurant should not only serve the most delicious food with great service, but must have the appropriate marketing strategy.
 
Recognize your target group
You know and I think that the food they serve at your restaurant is very tasty and delicious. However, your customers don't know it. It is necessary to recognize before their target customers and place some ads of his restaurant in newspapers, magazines and newsletters.

Advertising in newspapers
If you have a very elegant restaurant with an à la carte and an impressive wine list, then it is best run a full color advertisement of his restaurant in the local newspaper. If on the contrary, his restaurant is more as a dinner nice neighborhood that serves meals at affordable prices in the family, then the placement of ads in the bulletin and flyers is sufficient.

Advertise your USP
Always try to sell single points of sale of his restaurant. Its restaurant specializes in meat dinners, delicious desserts of chocolate or even seafood. Publicity of these singular points of his restaurant guarantees your potential customer make their restaurant a success.

Reception food events / events
One of the best marketing ideas is host events of food with a special theme like Hawaiian food, Italian food, or any other popular cuisine, but exotic. Make sure that plenty of variety has the food you offer and decorate your restaurant on that topic. This is a very good way to get more customers to come to your restaurant and to give regular customers a reason to return.

Organize a tasting Menu
Another big advertising idea is to have a tasting menu for the days that are a little slow as Monday and Tuesday nights. You must have noticed that while you have a waiting list for the dinner menu, the lunch is quite slow, with very few people to drift in. not really is a great wild customer base for the lunch hour. People who work in the Office do not have time to have a leisurely meal seven dishes and want something that is fast, affordable and successful. Thus, instead of having an elaborate lunch menu, simplifying its lunch menu with some options quick and healthy such as soups, stews and sandwiches. Make sure that you have announced in these nearby offices and businesses and is sure to attract more customers in the lunch hour.

Organize contests
The organisation of a competition is one of the best marketing ideas. You can have a contest eating cake, as chipped oyster or make a delicious dessert. The winner may be presented with a free dinner for two with a bottle of wine.

Some other things that you should remember is to mix your menu every two or three months so that you have more variety and can incorporate fruits and vegetables in season. In addition, menu design must be attractive with attractive printed dishes in an elegant front name. If you follow some ideas of marketing such in your restaurant, then you are sure to succeed.

Monday 12 November 2012

B2C Marketing Strategies

The author of famous business management, Philip Kotler defines marketing as an art. Yes, it is an art. With a number of companies and marketing agencies running actively on the market, the real art is to create a unique selling proposition (USP), which makes your business stand out from the rest. Speaking specifically of strategies of B2C marketing, the target market is consumers who may or may not be familiar with the techniques of business and principles, and will be more focused on getting good products at a lower price. Therefore, should maintain the point of view of the consumer as the base while the construction of these strategies.

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What is B2C Marketing?

B2C marketing can be defined as the company that provides goods or services to a consumer based market. B2C marketing examples include targeted marketing to the retail consumer online stores purchases, etc the term discount marketing 'B2C' is rarely used these days, but undoubtedly played an important role in the rapid growth and development of Commerce at the end of the 20th century. Later, when the capital markets slowed, many companies marketing B2C transformed into the marketing business to business (B2B) companies.

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Difference between B2B and B2C marketing

Although both types are involved in the sale of goods or the provision of services, the difference lies in the basic pattern. Let's talk about the basic differences between the two.

Business to Consumer (B2C) Marketing
(You need this product, we have it for you!)

⇨ B2C marketing is when a company offers products or services to the consumer market.

⇨ When it comes to marketing B2C strategies, its base must be consumer-oriented. It is necessary to emphasize more on the benefits and features of the products and / or services that you are trying.

⇨ B2C marketing strategies are based on emotional decisions based on consumers, while facing different human beings have different expectations and priorities when purchasing products.

⇨ Marketing B2C, final consumers are mainly domestic consumers, which means that there is a huge target market. In addition, the sales process is very small because it deals directly with the final consumer.

⇨ Another point of difference is that in B2C marketing, consumers rely on the seller to acquire knowledge about the product and services. Buyers would choose you, based on the USP and the uniqueness of the product you offer.
Business to Business (B2B) Marketing
(This is the product, we are going to sell to you!)

⇨ B2B marketing is the company that sells goods and / or services to other companies.

⇨ a. Unlike B2C strategies, when it comes to B2B marketing strategies, the main focus is based on the benefit. Strategies are structured on the basis of the logic detail in profitability.

⇨ Marketing B2B, strategies are based on pure knowledge and logic. It is not very less or no emotion personnel involved between the two parties involved. They are companies that are seeking the benefits of the organization.

⇨ In B2B marketing, it is companies, which means that the target market is relatively small compared to B2C. The sales process is more complicated and involves many steps, including e-mails, appointments, presentations, etc.

⇨ In B2B marketing, you are selling your products and services to companies that are aware of the features and other essential details about the services we offer. Buyers who go for you, based on the profitability.

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Some useful B2C marketing strategies

It is clear that the basis of these strategies should be oriented to the consumer as already explained above, and only then become successful marketing strategies. Below are some of the strategies that embrace the houses of business for successful commercialization in order to reach the target consumer market.

⇨ Marketing campaigns: publicity always helps to reach the target market in terms of awareness of the characteristics and the USP of the products. Successful marketing campaigns also arise some jobs marketing B2C, as a representative of the company that goes directly to the potential consumers and gives to know the products / services offered by the company. This is mainly done in the B2C marketing offline.

⇨ online advertising strategies: strategies of advertising online such as PPC and Podcast are some of the sources more effective and efficient advertising online in various search engines, what qu

Friday 9 November 2012

Diversification Strategy

A company's diversification strategy is a business strategy intended to increase earnings by increasing sales volume. This increase in sales volume is produced through the launch of new products and the identification of new market segments. It can be deployed at business unit level as well as at the corporate level. In case that the business unit level, the strategy can be implemented for the expansion of the company through the presentation of a new segment in relation to the existing business. In case of corporate level, however, the target area is a new business, which is not related to the existing business unit. Some of the more prominent examples include a company specialized in pencil production opting for the production of erasers or a company specializing in alcoholic beverages that come in the airlines sector.

Types of diversification strategies

A company's diversification strategy can include several plans, ranging from the development of a new product to licensing of new technologies, or a combination of one or more of these plans. There are basically three types of diversification strategies.

Concentric diversification: in this case, the technology used in the industry remains the same, while the plan of marketing changes to a significant degree. This strategy requires technological similarities between two commercial enterprises. Technical knowledge turns out to be an advantage when it is concentric diversification.

Horizontal diversification: in this case, the technology used is not at all related to the existing business of the company. Although existing products are not related to the new company, the current customer base of the company is taken into account when it comes up with these new products. This strategy has proven to be advantageous in a scenario of competitive market, where the company has a loyal customer base.

Lateral diversification: as in the case of horizontal diversification, even lateral diversification stands out for products that are not related to the existing line of products. The only exception in this case, however, is that the company is directed to a new segment of customers, rather than serve their existing loyal customers.

Pros and cons

Advantages of diversification
There are several methods by which diversification strategy, the most common among them acquisitions and joint ventures can be implemented. Diversification can help companies to develop their full potential in a developing economy. In the case of concentric diversification a strong brand can help in the mobilization of new products belong to that brand. You can help the company in the dissemination of its customer base. It also helps in improving the product portfolio of the company by introducing products complementing the market.

Cons of diversification
In the case of diversification through acquisitions, should make sure that the people at managerial level are well versed in the process to be followed for the company to acquire. If you are not armed with people who can handle these things, from the root of the herb can become a tedious task. It must take account of the efforts that are required to operate the business, and if the efforts required are more than the benefit obtained, it is best to stay away from the company. The lack of knowledge about the current situation of the market really could turn against you everywhere. Go against the fundamental values of the company, for the sake of gain is also recommended, which in turn limits their options.

Among the four strategies enlisted in the Ansoff matrix product-market growth, this strategy is, by far, the. Increased risk, and therefore requires an investigation before implementing the accuracy in the determination of segment diana is the key to a diversification strategy with a successful company at the end of the day.

Monday 5 November 2012

Marketing Promotion Methods

It is said that "customers are kings and they in fact are. The marketing departments of each tooth fight firmly and nail to attract customers and boost sales of its products. Methods of promotion are important and efficient marketing strategies of various companies. While millions of dollars are spent on methods of advertising, marketing promotion methods are relatively less expensive and can be more effective.

What is the promotional Marketing?
Promotional marketing is a tool that is designed to attract customers to buy a company's products. In general, promotional marketing is carried out by companies to launch their products or attract more potential customers. Before designing any promotional marketing strategy, companies must make sure assign a budget to the promotional marketing and establish a goal that gives them maximum return on the money invested.

Promotion strategies
Basically, there are two strategies for promotion, strategy of push and pull strategy. According to the strategy of thrust, sellers offer generous discounts and benefits to customers, so sales can increase dramatically. One of the most successful strategies, the method of giving discounts is often successful for most companies. In the push strategy, focuses mainly on reducing advertising costs. The other strategy, attraction strategy minimizes the use of different channels and the attention is focused on the advertising of the product. Its aim is to create a potential market for the products of the company.

Advertising
Advertising is a costly method of promotional marketing, in which products are made to reach a large number of people. For example, through the use of electronic media, television, radio, press and billboards, outdoor advertisers target the audience and try to create an impact on customers.

Personal sales
One of the oldest forms of direct promotion is to sell the products of direct interaction between the seller and the buyer. It is believed that it is the most difficult marketing form, since it requires persuasion skills and excellent communication skills.

Contests
An effective, popular and preferred shape most of the methods of promotion is to fix certain contests for customers. We'll all be in accordance with the fact that win surprise prizes at a mall or fashion store is simply exciting. One of the strategies of marketing more attractive, organize competitions between customers is a brilliant way to promote products.

Pamphlets / coupons
In the quest to attract more customers, coupons and brochures on products distribution companies. Clients are well will receive basic information about the products recently launched or are given coupons of discount on the purchase of some accessories / apparel. Coupons for making a plan of effective marketing for small business units.

Free samples
The idea of open source products, sounds weird and crazy for any company, however, there is a certain element of truth in the fact that marketing companies have won through the substantial promotion idea of free samples. Although, it is not logical that only their products are distributed, you can design a strategy, so the idea of free samples does not incur losses for your company.

Evaluating different methods of promotion in marketing, one must give account of these strategies have not been established formulas or recipes for the success of the launch and, finally, the high sales of the product. Undoubtedly, these strategies are effective, but there are several market forces that can affect the prospects for sales of enterprises.

Know What You're Marketing.


Andrew Grill (CEO of Kred) is a good guy and he's got a lot of coverage recently for his posts that detail his failure to connect to the brand new 4G service launched by EE. While he makes some good points, I fundamentally disagree with his assertion that marketing did their job.

No, marketing absolutely did not do their job. They didn't do job number 1. They didn't ensure that what they were promoting aligned with the reality of the product/service and not some fatuous ideal.

Under-promise and over-deliver are the watchwords. More than that, given the vagaries of technology, they should have insisted on a soft launch, ensured that customers were delighted rather than disappointed and followed up with marketing that promoted that satisfaction.

As for his assertion, that EE would have saved themselves £260k if they'd realised he was a social influencer, well the less said about that the better.

Friday 2 November 2012

Marketing Strategies and Tactics

If you want to know what are the strategies and marketing tactics, and why organizations spend much of their time, effort and money to give to them, the answer is very simple. The goal of any company is generating profits, and marketing strategies do exactly that, i.e., helping to generate more business and revenue for the business. Marketing strategies are conceived not only with regard to the sale and promotion of a product, but also on the type of service the customer organizations will give. Below is a list of some of the strategies of marketing tactics, and successful companies have been implementing in the modern today, of business competitive scenario, earn income and keep the competition at Bay.

Effective marketing strategies and tactics

Build relationships
People are very important in business, be they customers, suppliers or employees of the organization. It is not only necessary to establish relations with the clients themselves that they may come again to make repeat purchases, but also with employees and all others who the organization comes in contact during its operation, so that the Organization has a word positive of the mouth in the market.

Differentiate yourself from the competition
One of the most successful strategies and marketing techniques is to create its own identity, which is totally different from the rest of the competitors. A good way of doing this is to keep ahead of the competition by offering innovative and technologically advanced products. Therefore, a company's market research must be very strong, so change is expected in advance and the measures taken in consequence.

Creative advertising campaign
The advertising campaign should be such that underscores the advantages and strengths than a company's products and services have on that offered by competitors. The unique selling point, also known as the USP of the business may be something like an excellent after-sales service or a warranty period, which is much greater than what is offered by the competition. This must be creative emphasis on marketing and advertising campaigns.

Offer new products and schemes
It is a very common, to more effective tactics of marketing, used by many businesses today while the offer new products, as well as new schemes to customers from time to time. When a company introduces new products on the market, its customer base increases when new customers purchasing this product. At the same time, when old customers see some new innovative features of the latest product, they repeated their purchase also. This increases the volume of sales, as well as revenue for the business. Another way to increase sales, is to offer some schemes new in times of feast or during the holiday season, as a product with a discount of fifty percent over another, especially if the company has a stock without selling of property situated in advance.

Marketing strategies and implementation

For successful marketing strategies and solutions, the strategy must be regulated in such a way that it is very realistic and measurable. The strategy must also be such that it can be applicable for a very long time. For the correct application of marketing strategy, measurable goals should be set. The objectives can be defined in monetary terms, such as doubling the income of sales in six months. Once goals are set, a strategy that sets the business apart from the competition must be designed and implemented at the right time in the market.

The proper formulation, as well as the proper implementation of the strategies is equally important for them to be really successful. However, this doesn't end here. Publish your application, measure the success they have had in the generation of income and sales, help in the formulation of marketing strategies for the next year.

Wednesday 31 October 2012

Marketing Environment

Each marketing strategy has to meet certain challenges when it was launched on the market. A detailed identification of these challenges is through a rigorous study of market to any marketing component is not overlooked. In fact, the basic task carried out by marketing teams is analyze the environment of marketing in such a way that the firm plans can be met in time. In addition, the marketing environment is a broad term that includes various factors that affect the business of a company, one of whom may be the marketing, as mentioned above. In a nutshell, in the environment of marketing concepts can be explained in general terms in the following two ways:

Internal and external forces / factors / parameters that may influence directly or indirectly (positively or negatively) a company's ability to carry out their business plans.
Laws, business rules and trade regulations existing at the time that the company's business has no direct control, but it can be phenomenal to influence the company's business.

Components of the marketing environment
There are two components of the forces of the environment of marketing knowledge., external factors and internal factors. We will see in detail about these two features.

External factors
Classified, external factors consist of micro and macro-ambiente environment. We are going to discuss in detail.

Ambient correlacion: this type of marketing the business environment influences directly. Includes suppliers, distributors, consumers and local interest groups whose every step affects significantly the activity of the company.
Macro-Medio environment: in this type of marketing environment, all factors that affect the business of the Organization are beyond the control of the company. For example, consider the laws of foreign trade. The company not framing these laws and must follow these laws, inevitably. Globalization is also an example of constantly changing factors such as policy, trends in marketing, culture, economy in which a company does not have any control, but change according to the needs of the market.

Internal factors
In the domestic market environment, the parameters that are fundamental for a company are all internal or within the company. The five pillars around which revolves around of internal marketing are five m, IE.:

Men
Machine
Money
Materials
Markets

Management of internal factors in a marketing environment is essential for a company to carry out at the peak. It has to be understood rather than external control, improvement in internal plans can be done easily, if the company is working hard to improve its efficiency.

Most important environmental factors marketing
To gain a competitive advantage, companies have to make sure we are able to continue successfully some of the marketing tools that can help them greatly in the external marketing environment. They are as follows.

SWOT analysis
What is the strength of your business that you can leverage in a difficult market environment? It is its place of business, a new product / service that I thought to start or experience in marketing specialist? They only focus on their strengths. These are the key factors that marketing teams must analyze while that the planning of marketing objectives. Once you are aware of the SWOT of your marketing and your business team, you will be able to perform more effectively. Do a SWOT (strengths, weaknesses, opportunities and threats) analysis the analysis for each market segment and not together for the entire company, as it will decrease your task.

PEST analysis
Pest refers to the political, economic, socio-cultural factors and Technlogical which may have a significant influence on a company's business plans. As part of your market research, analyze properly, how each of these factors affects your chances of success. Success in a hard external marketing environment depends largely on's as well that use the potential of the market and avoid the traps. This is true especially in countries where there is a great demographic diversity of culture. What appeals to a community, cannot appeal to others. Thus, pest factors have given importance.

Five forces analysis
As with previous tools, five force analysis is one tool to ensure that the company is prepared for all risks. However, unlike previous tools, five forces analysis is focused on a single objective of SBU or strategic business unit. Strategic planning for has

Wednesday 24 October 2012

Niche Marketing Examples

Before moving on to take a look at a couple of examples, we will first understand what the marketing of the place is everything. Well, it's a marketing strategy that focused all efforts of marketing a product or service specific to a niche or market segment. This is both a marketing and a strategy of business that starts before even manufacture or acquisition of a product or service, the tastes, preferences and needs of the niche segment are taken into consideration on the basis of the utility that is created. To put it another way, place marketing focuses the promotion of commercial utility, either a good or a service, a clearly specified target audience that is only a part of the consumer population.

Niche marketing ideas is often applied to segments of consumers who do not fall in the category of mass market. Some of the best niche markets are those who are considered as minority or a segment of mass market sub-segments. Extreme sexual minorities orientation, geographic location, specific age groups, religious groups, etc can be the basis for the formulation of successful marketing strategies for niche consumer groups.

Fundamentals of niche marketing

If the rules of the game are diligently followed, the commercialization of the place they can get more revenue for the manufacturer or the service provider of any marketing strategy as in this case, the efforts of marketing and promotion costs are focused on a particular niche segment. This translates into a reduction of waste in promotional activities and frequently results in the cost effectiveness of marketing campaigns, resulting in client most of the marketing strategies of mass conversions. There are three basic rules that, if implemented thoroughly, obtain great benefits of niche marketing activities:-

Identify and meet the unique needs of your place of destination. These niches have very specific requirements and failure to comply with these requirements to the T can spell disaster for the seller.

The way of approaching its goal of the place is very important. Your marketing message must make their niche audience feel that the utility offering is custom made for them. This would give them the feeling that someone cares about their needs and they have come up with a product that is closest to fulfill those needs.

Test market your product / service before you dive into a full-fledged marketing plan. Although it is possible you have researched your niche audience extensively and been put in the efforts of much to come up with a product that seems more appropriate for a niche, is never more sure.

Niche Marketing Strategy examples

The following examples will give you a clear idea of what we've been talking in the preceding paragraphs. While looking at these examples, you will notice that the products, public services and their corresponding ideas promotion of marketing and advertising catch phrases are very specific to a particular need. These needs and utilities are such that the niche audience doesn't mind spending some extra money to comply. Examples of some products, services and utilities that come under the scope of the commercialization of the place are:-

Products that are intended to cope with physical conditions such as dermatitis, dandruff, acne, melasma, wrinkles, etc.;
Environmentally-friendly products such as automobiles of zero emissions, without spray, deodorants and perfumes, etc;
Products of fitness oriented to specific areas such as abdomen, thighs, etc.;
Line of fashion clothes for women with overweight and wide structured or pregnancy;
Budget wedding services Planner;

Some of the commercial products that enter inside place marketing examples are as follows:-

Kosher milk
Timothy hay
Organic food
Commuter airlines

These products and services cater to a very specific group of consumers whose needs can not be met by the most efficient form of communication products. These examples clearly show why this marketing strategy is most effective in some cases of mass marketing strategies. The niche audience can constitute a percentage low population of the market, but these consumers are eager to buyers who would not mind handing out a little extra money to get more close to a solution to possible consumption needs.

Saturday 20 October 2012

Marketing Management Concepts

Sales and marketing management has undergone a sea change in the last few years. The very basis of the process of manufacturing goods has grown from just producing goods that producers want, now produce goods that consumers want. This is because there has been a concept of inclusion and execution of various marketing management. The very basic concepts shows that production is now a consumer centric and that without a proper marketing strategy and tactics, there is no way that a business can survive. Let's delve further into the concept of marketing management, in this article a Buzzle.

The Important Concepts Of Marketing Management

The importance of marketing in the process of business activities has increased over the years. Where initially, the goods are sold on the basis of any manufacturer wants to sell, currently, manufacturers must pay attention to your needs and requirements, the demands of the consumer. Otherwise, consumers will find someone who meets these needs and switch to it. As a result, he will suffer loss. Let's look into the basic concepts of marketing management that helps manufacturers to measure what will be produced and how much to produce.

Production Concept
The concept of mass production arises from beliefs and evidence that the person's goods in high demand and will be purchased, no matter what. The basic idea is to identify which is the most widely used products by consumers. Do your research and through the basic steps of the marketing research process, find out what products will always have a request and who are the ones that consumers will buy anything. Then, start large-scale production of this product and start selling them at low prices and accumulate huge profits through the sale. Why the low price? It is true that there will always be demand for the product, but remember consumers would prefer to buy the same product from another vendor, which provides him with a lower price. So while, there is demand, there is also competition.

Product Concept
From the above, it is clear that consumers will not buy anything from you if he got it at a lower rate anywhere else. In addition, remember that consumers also know about the quality of the product. So, he will also measure the quality of your product, especially if he gets it at a very low level. So, make sure that the product you sell is durable, has a good value for money and offers great quality features. Consumers are not stupid. If she felt cheated once, it will not be returned. So focus on the quality of the product.

Selling Concept
Selling products is one of the hardest jobs in the business. You can produce, market and advertise work, but actually make consumers pay money and buy the product was a chore. Therefore, the heart and soul of the business must be located on a strong sales promotion. Just when consumers see a product you would think about them buying it. So, applying different methods of sales promotion so it can concentrate on product sales up in time. This would lead to a quick turnover and profit.

The concept of marketing
Different promotion methods that business organizations that adopt the line of their lives. If their marketing strategy fails, they have little to look forward to. To ensure a reasonably good sales and at least marginal gains, business organizations have to follow a concept so simple and fundamental. They should remember that ' the consumer is King '. So the strategies they adopt to focus entirely on making the consumer feel important and very special. Products must be marketed in such a way that the consumers should feel like it has been created specifically for him and that it is the best you will get. Once you have the consent of the consumer there is little else to do. You will have Your customers loyalty and he will have the satisfaction of getting a very good product. Profits will roll in

The Community Concept Marketing
While designing and manufacturing products, in order to give your product the advantages and also to be on the safer side, always focus on the impact that your product will have on the general public. The well-being of people should be at the top of the list, followed by a production goal of consumer satisfaction and then, profits from the company. This is the sequence that should be preserved and highlighted through your marketing strategy as well.

How to Market a Product

Marketing is making available a new commodity, which will meet the demands of customers. However, if you've found something new and you want to sell your product, then that's where you have to use your marketing strategies and tactics. We often face difficulties in marketing the product because we lack a good marketing and sales techniques for the product. To overcome the obstacles, we should try to make products that are popular. More popularity, more demand.

Because the primary purpose of any small or large organization is to be successful, well planned sales and marketing strategy can help organizations to develop. It is important to know and understand the product and the right ways in which it could be introduced in the market. Therefore, it is important for an organization to conduct thorough research on the market situation and the type of customers who are likely to buy the product.

If you have created a new product and want to sell it, then apply these marketing techniques will make the product a success. Let's take a close look at some successful marketing technique.

Market Research
Selling products is a big task. Therefore, companies need to do market research to promote the product. Analyzing the new trends, competitors and customer requirements while doing market research. This will help you to market your products better.

The price of the product
Pricing strategies for the product must be prepared before bringing the product to market. After careful market research and analysis, makes a decent price, that would be convenient for buyers and sellers. A company should try to reach out to the maximum number of buyers and make a good profit.

False Advertising
This is a good tool to promote your products. The ad became a lot better if the brand products are also involved in it because it will create an identity for the product. There are many important brands in the field of advertising. Advertising is a form of communication where one can convince target customers to buy the product. One can use many media such as the internet or tele-media to advertise their products. These days, ads on the internet proved to be beneficial for product marketing. This helps in making the product popular and can attract a lot of potential customers for the organization.

Analyze Customers
The success or failure of products lies in the hands of ordinary people. A company must know to whom they should target before selling their products. There are many types of customers and it is important to know their tastes, likes and dislikes. This will help the company to decide on how the product should be sold.

Reaching out to Retailers
This is another way through which organizations can build their products. Creating awareness among retailers and try to convince them to buy your product. Retailers can prove very helpful because they act like the relationship between the customer and the organization.

Packaging
Packaging is the first attribute of a product which creates an impression on customers. The packaging should be appeals so that customers feel like buying a product.

Maintain and manage the quality of the product
After the product is on the market, the next step is to maintain the quality of the product. It is important for the seller to ensure that the product meets the needs of the buyer and must work to maintain the quality. Typically, buyers tend to compare a product with other products/commodities and therefore, it becomes necessary to keep a check on the quality of the product. High quality, the higher the sales.

Marketing plays a critical role in selling the product. If your organization must meet the demands continue to increase, they have to want to have your ideas organized and creative marketing. Market research, advertising and packaging is a tool to get the maximum benefit and get more sales.

We have now seen some important steps for marketing the product. Therefore, we can conclude that the marketing of not only introduces the product but also maintaining product quality. Any company that introduced the new products will have to keep a check on new market trends and continually improve their products. This should be the goal of every company to serve the best to their clients.

Using Facebook for Business Marketing

Facebook has become one of the best platforms to promote business in the world today. Any entrepreneur, with a small business or large will wish to promote on social networking websites. Because there are so many people who compete in this platform, marketing your business here need proper consideration and planning. Facebook is a place where you can reach out to millions of people and that too free of cost. The advantages of Facebook for business is a way for many to be listed out, and this makes us understand why it's so important to have a company profile on this website. Marketing and advertising are two different concepts and it is important you understand the true difference to start marketing your business. The fundamental difference between the two is that the marketing will decide how your business will reach people and advertising will decide how your business is visible when reaching the people. This is a very common differences but I hope you can now at least tell the two apart.

Tips to market your business on Facebook

Make a Page
The first step is to create a page for your company, explain in detail what your business to enter the information here should be complete and correct as the people need to know what actually it is your business does. When you create this page, fill out all the details so that no part of the business that remains mysterious or unknown persons. This page will become your business card in detail to everyone on Facebook. Although this is the first step, it's the most important.

Tagging
Now that you have created a page for your business, you have to start showing people it exists, doesn't it? People will not just pass by and suddenly realized that there was a page that they need to visit. To address this possibility, you should start asking your friends to ' tag ' your page in their status or post. After tagging, people in your friend's friends list will be able to see your page. Finally, many people will come and visit it.

Share
Start sharing your post put on the page of your company from your personal profile page and ask your friends to do the same thing. If their business is good, people will still do it. You can also ask people to share it through the messages and, if necessary, you can hire people who will work on this. On the Facebook platform, share options are considered to be the best way to disseminate information, so make sure you take advantage of optimally together. To share any post, you need to click on the ' Share ' button which is given usually at the bottom of the post.

Invitation
Send an invite is another way to market your business on Facebook. Invitations can be sent if you are holding an event that relates to your business. This event may be held on Facebook itself. You will come to know the number of people who attended and those who were not present on the event page. The numbers will show how much your business pages being viewed per day. People are not able to reply directly on the page but once you have confirmed the information that they have visited the page, there is a possibility that they might come back later.

Deals & Discounts
When you share your business page with people on Facebook, make a request for them to like this page. Such options are given on the right of the page. After people like this page, they will be updated about all the posts you publish at any time. To make this option more profitable, you can put up some deals and discounts that will also be published. People will be tempted to find out about deals and discounts and in that way, they will visit your business page.

Now that you know how to market your business on Facebook, soon to do it and do it right. Although there are many advantages of advertising on Facebook, it may take you some time to realize this. However, the key is to keep at it and keep sharing. The more you share, the more you increase the chances to make business. Platforms like Facebook very little, so make sure you make the most of it.

Communication Process for Viral Marketing

"Viral marketing" might sound strange to those who have never encountered the term. This may surprise you because of how terms like virus can be inserted into the marketing industry terminology? Well, no doubt you will probably hold the rule of validity. This of course gives the connotation of Sly to those who did not collect a bit of an idea of the concept. Ironically, this is one concept that also topped the eyeball in creating self-awareness. Viral marketing is suitable to define himself as a wise marketing strategy which concentrates on spreading awareness about a particular product, thus, also maintains the ideology of Word-of-mouth. This is a systematic marketing industry uses terminology to gain the interest of the masses via the internet. The communication process is such that the most important information that can attract the attention and interest of the consumer is posed, or circulated through techniques of word-of-mouth.

The communication process can be referred to as ' fire ' virus. I say this, because I believe that to a certain extent, viral marketing works on the principle of how this virus is contagious in nature. It is through the spread of the virus that many people might survive colds, or fever, by the same token, it is only through viral marketing there are people who pass on the good news about the product, or service that they have been withdrawing, and found it favourable or satisfactory. This serves to become virtual spreader to spread its marketing strategy, through the news. There are basically two ways in which communication occurs: spontaneous and unplanned.

Communication Method

Spontaneous Communication
The viral communications strategy that is spontaneously focused on providing products or services by the company. When customers or consumers are satisfied, they will give their feedback in the form of availing the service or product all over again and continue to use the method they offered. Through this method, people who have been using this product will convey a positive impression to friends or potential buyers who may be interested in our services and products. In turn they can do the same thing to people they know. In no time, you will have a number of people who use the product or service.

A Communication Plan
A study conducted by Phelps et al. (2004), produced a report on the effectiveness and frequency of publication of forensic email forwarding, relating to classify email communication mode into four parts. They are also discovering that email spawned human emotions that highlight specific things a little, have a larger probability to be forwarded. Email that functions as a virtual Bulletin Board tend to get attention by the recipient. So while engaging in viral marketing, email proved to be a strategic instrument for the effective communication and agile.

Email is, therefore, a communication model that is planned. The planned communication is a program set up by a company or organization to let the masses know about products or services they have on offer. The communication process have proposed strategies which functions on the principle of elements.They are the following:

Take Away Products
This is the standard, and the most popular method in helping companies market their presence. "Free" and "discount" is the favorite in terms of marketing terminology. They will offer their products for free trial to let the masses know that they are ' on the market ', and their products competitive. In terms of service, there is a text message and email forwarded so that information can be used by those who are interested. Coupons and benefits distributed by email to create awareness about the products or services they deploy. In short, they serve to be an incentive for the masses to try the product, or service.

Easy Message Is Transmitted
The organization is planning a specific technique to help people get the message across quickly and easily, without fuss, or time-consuming tactics. They are of the view that the consumer is too much work, and it is best to provide them with alternatives that do not consume a lot of their time. This is how they can let other people know, especially when they have accessed via the media to do it.

Preparation for the response Variable
The Organization has released a campaign had to be ready for one of the two sets of responses, maybe a small scale (which involves very few people to participate), or a large scale (to face number 'n ' from people who are interested in availing the benefits you have put forth).

Concentrate on the mentality of the typical Man
Organizations must understand, m

How to Market Your Invention

It may seem like the world has run out of innovative discoveries in recent years, but the fact is that the most dedicated mind will always find a way to make something new. This type of technology and tools that are available to ordinary people today has made it possible to push the boundaries and explore new avenues, and people who are curious about how things work will always find a way to build something that has never been seen before.

Assuming that you have completed this step, you will now definitely be looking to market your invention effectively. Find the right audience for the discovery is very important to success, and this is an area where a massive technology setup in place is very useful. There are a number of new channels and roads in place today for people who want to sell something and this needs to be managed effectively.

Measures for the marketing of the Invention

The most important thing to remember is to not get carried away by someone who is more enthusiastic to help you out. You have to be wary of scams out there, because there are a lot of them are present in today's world. Duplicating the idea and invention is one of the easiest things to do today, so you have to be very careful about who you are dealing with. If you are satisfied that the person (s) you are dealing with is working in your best interest, then you can go ahead and follow the instructions on marketing your invention.

Step # 1: Know your Target market
You can't figure out a way to market without knowing who to sell it to. Because you have made a discovery, you will be the best judge who it was meant for, and who the people who will use it most. Save target in mind and then think of ways to reach them. Any business venture and marketing operations starting with the planning process and the recognition of the targeted audience before anything else.

Step # 2: Create a marketing plan
Once your target audience has been pointed, you should start working on a plan to reach them. Utilize various media outlets such as the local press, national press, the international press, the internet, television, radio, trade publications, magazines and other outlets. Make your presence felt and create awareness campaigns that bring your invention to the attention of the world. Take advantage of some of the techniques of advertising such as advertising OTL (Over The Line), BTL (Below The Line) and the OOH advertising (Out Of Home). Allocate a budget for all the way and choose the best way possible and ask for professional help if necessary. Also remember to file a patent application for your invention or others will undoubtedly steal your ideas, no matter how small a scale as possible. You will need to ask for assistance from a patent lawyer for this purpose.

Step # 3: Settle on pricing strategies
For this purpose, you will need to determine the price at which it's sold, and also a distribution strategy that you intend to follow. Select the price that covers operating costs and give you some advantage, but did not mention a price that is too ambitious. Binding with retailers and distributors so that the product will be supplied to the market in a timely fashion. Indeed, this is a process that will greatly depend on the nature of the product itself. Some people also choose to get their products licensed and purchased by the seller in the market and sell it under their brand name. Determine how to carry out all the procedures will definitely need help from a professional experienced in this business.

There are a lot more nuance and subtlety to the marketing of products, but they are all further subsets of these steps. Entrepreneurship is not an easy path to go down, but in the end could be very beneficial. You should know that most new business is emerging, perish and fail in a short time. So one needs to have good business acumen to make things like this work, but most importantly, someone needs to have a good product to sell.

Types of Guerrilla Marketing

Do you know what is guerrilla marketing? This is a unique way to promote your brand and products by relying on a strategy that is high on creativity rather than a big budget. Marketing techniques tends to be a unique, unconventional, and surprising, which is why they are getting the attention of consumers. The term guerrilla marketing, created by Jay Levinson stated that traditional forms of marketing are meant for small businesses that don't have the budget of large companies. This technique generally take advantage of understanding human psychology and trying to manipulate consumer behavior accordingly.

Guerrilla Marketing: Different Types Of

Now you know what guerrilla marketing is, you might want to learn about the various forms of marketing. Find different examples of guerrilla marketing and you'll see how one can be entirely different from the others.

Alternative Marketing
This is a popular type of guerrilla marketing that uses non-traditional ways of advertising the products. General form of marketing involves using some form of publicity statements issued by companies that are not directly to market or promote the products but create a base appeal to these products, so that consumers are informed of its existence.

Ambient Marketing
Of all the different categories of guerrilla marketing, ambient marketing tend to cost the most. This is due to the fact that this type of marketing usually involves utilizing the site and then created it, costs can be quite high. In the form of marketing, you use a single thing that is most synonymous with the company and then placing it in other places or things that are normally not associated with the company or product.

Astroturfing
This form of marketing is very similar to a grass-roots movement in which individuals promote a product because of the good experience they had with that. But unlike the latter, which is the promotion of honest, astroturfing (that is generally done through blog), the people who promote products often at salaries from companies or have a company on its own. The blogger did not reveal that they are connected to the company.

Experiential Marketing
In the form of marketing, this effort was to allow prospective consumers to experience the products in question, so that they have something tangible to connect with. The company allows people to experience the products in question. It is often stated that the marketing forms allow consumers to make more informed decisions and smart.

Think Marketing
This is a form of guerrilla marketing in which the company aims to make people aware of the presence of the product. They try to achieve this by putting the product in places where they are bound to get a lot of recognition and exposure. Product placement in films and television shows are often regarded as a kind of marketing. On the Internet when you place notes or photos on the different websites you are involved in marketing.

Tissue Pack Marketing
Popularized in Japan, this form of advertising as the name suggests, involves promoting products on the cover of tissue paper. Because it is a product that is commonly used and can be stored for a while, it is a great way to ensure that these products remain in the memory of the consumer. This technique is generally considered to be more useful than an ad in the flyer.

Undercover Marketing
Also known as a stealth marketing, involves the use of celebrities to advertise products with using it in a public place. They voiced their loyalty to the products they are using. In this way, the celebrity that encourages fans to use the same product that he uses, and creating awareness about the product.

Viral Marketing
This kind of guerrilla marketing using social networking sites is different and popular video games and to make recognition of the brand and the product. This technique is such that if the commercial catch the attention of the target base, it will be released by them without the company having to issue any charges. The reason it is called viral marketing is because of comparisons that have been created for the spread of computer viruses.

Wild Posting
Unlike other types tend to be subtle, this form involves the over-the-top promotion of your product by placing posters wherever they can be placed and make the message is hard to miss. Of course, the cost factor involved in this form of marketing is less which makes it effective in the long term.

This is the main Division that can be made of guerrilla marketing. In a time and age where consumers are increasingly becoming more savvy to the tactics of advertising, guerrilla marketing is a great way to memprom

Marketing Strategies that Work

An efficient marketing strategy is one of the pre-requisites for the success of a business. Numerous researches have been carried out to know which strategy can guarantee success. But, the fact is with rapidly changing global markets, organizations need to be at their innovative best to come up with strategies that cater and appeal to the target customers. There are numerous successful strategies and generalizing them would not be fair as what may work for one product or service may not work for another. There are certain basics of marketing that have proven to be useful and effective over the years. Let us take a look at these.

Efficient Marketing Strategies

Know Your Customers
The first and the foremost thing that you need to do before you get down to brainstorm on your marketing strategy is to identify which segment of population will the product or service cater to. For example, if you are a sports goods manufacturer, it is highly possible that your clientele will have a vast majority of people in the 16-35 age-bracket. If your company specializes in making computers, a lot of your customers will comprise adolescents, teenagers, doting-dads, and may be some senior-citizens who want to gift a computer to their grandchildren. When you know who your target-audience is going to be, you get then decide which direction your marketing strategy should take. The golden rule here is to know who the buyer is going to be.

Promote Your Product
Before you plan a promotional offer, it is important that you have the know-how on what your competitors are up to. If you feel that the offer you have is unique and tempting then you should definitely go ahead with your plan. One of the significant benefits of running a promotional offer is that it gets you a lot of word-of-mouth publicity. I remember buying some beer mugs from a store some couple of months ago which my friends found quite impressive. Last week I got a promotional message from the same store and as soon I went to their website, I found that the same beer mugs were once again on offer. I conveyed this to my friends and they had them at their home by the evening. This is one of the biggest reason why even well-established brands don't shy away from putting their stuff up at half the price. It increases your traffic, gets people to talk about you, and most importantly converts potential customers to happy buyers!

Choose a Strategic Location
The location of your outlet or franchise is another important factor which determines the effectiveness of your marketing strategy. If your outlet is placed at an important junction or near a landmark, chances are that you will get more browsers. Have you ever noticed that majority of McDonalds outlets are at some of the busiest places in the world. The location plays a very important role as it creates an opportunity for you to be accessible to customers. How many times has it happened that you just step into a store to just have a cursory look around and something appeals to you so much that you can't help but buy that product. Therefore, it is important that your business is located at a busy place.

Use Web-marketing
As we mentioned in the beginning of this article, organizations need to be innovative if they have to stay ahead of the competition. One of the steps in this direction is the visibility of your business on the internet. If you would have noticed, every prominent website offers a link to customers through which they can go to a company's homepage, place orders or know about an upcoming offer. Putting yourself up on popular social networking sites can help you to know your customer's tastes and preferences. In fact, market researchers are of the belief that internet marketing will be one of the dominant marketing tools in near future.

Build a Strong Relationships with Employees
Your employees are one of the most important part of your marketing strategy. If your employees feel strongly about the company, it reflects in their behavior and helps in creating a positive impression on customers and within their own social circles. It is important therefore, that you instill a feel-good factor in your employees so that they have nice things to say about the organization. This will help in building a positive brand-image for the organization.

The strategies are generic rather than specific and it is important that organizations focus on these to ensure that the organizations make their present felt in the market. In the end, we hope that this article would have helped you to know some effective marketing strategies that are essential for every business organization.