| Is Your
Marketing Strategy Working?
By Shannan K. DuShane
9/30/12
|
Almost some time or another all companies
have gone through a struggle. Business struggle, marketing initiative
struggle, or loss of business, either way, the economy is hard-hitting,
global opposition is a fact, and technology tends to superseded products in
months. Your marketing strategy is more important today than ever. Making it
work and knowing when and how to initiate a new strategy is imperative.
I’ve seen too many companies living
on a false hope that tomorrow will bring a different light to their already
failing plan or that they have some hope of bringing back a past edge that
will they can bring back the history to this decade. “We need to see what
happens next quarter,” yet another alternative of false hope rearing its ugly
head, I’m not sure if to call it hope or stupidity. Most of the time it is laziness to develop
a strategy and plan; because it is a long process to execute it correctly and
in order. The lack of first realizing
that you need to have a new plan and approach, then hiring a marketing
strategist to analyze your company is the first intelligent objective anybody
could do for their company. Sometimes
a third party is the best way to move because of the non-biased opinion and
view that they don’t have about the organization. So the question to be asked, “how do I know
if my marketing objectives are working?” Measure – Analyze – Make Changes –
Initiate – Measure and so on, unless you can read minds or foretell the
future.
Communication
is crucial; if you are not communicating the strategy and objectives with
your sales force, you are not going anywhere; the sales team is your face and
name of your company. They are the
ones selling your product and service and if they aren’t familiar with your
marketing plan and marketing plan, you basically wasted your time and money.
Poor and low generation of leads is
another factor; this also leads off from the lack of communication. Marketing creates opportunity for your
sales force. Your sales force like I
mentioned above is your strength; you should take full advantage of this and
if you are not generating leads and opportunities then your marketing
strategy isn’t working for you. I’ve
seen it where the sales teams are ignored by management when they should be
embraced and more at the forefront of the strategy. Find out why the leads are not creating
sales opportunity and fix it.
Customers and clients are too often
confused, not about you or your services they know what you do, but maybe
they don’t understand why your service or product is the latest and
greatest. Why should they choose you
over your competitor? This is the biggest question to answer. A new marketing
initiative could put this into better perspective for your clients to
understand your offerings and more.
Lastly, you need to be where your
audience is; you can’t force your audience to be somewhere they are not, get
in front of them and make them remember your company. Utilize all of your
avenues, and if you don’t have the time or patience, hire someone to do it
for you; this is not an option if you want to keep your head above the water.
Use social media, use internet marketing and ppc marketing, utilize banner
advertising and a new website with marketing materials or find another path
to fulfill the tasks at hand; more visibility that converts to more sales!
Don't Work It....Network It
|
Thursday, October 4, 2012
Art of Marketing
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