To build a strong and profitable business we must market, sell
and deliver and the desired response is for customers to buy products
and services and repeat the pattern. Successful marketing is a
never-ending and continually evolving endeavor.
Contracts and sales are not usually won through putting all your
effort and money into a single advertisement. Sales are accomplished
by methodical and continuous efforts to increase visibility and
build the company image as a competent, ethical and reliable provider
of desirable products and services. The most successful managers
realize that the company name or brand name is a promise to deliver
what customers expect.
Marketing plans can be divided into three phases. The first phase
includes maintaining a consistent and professional image that
increases company/brand equity and improves the company/brand
name.
The appearance and location of company offices, professional appearance
of employees, treating clients as equals and the way you communicate
to clients and customers all have direct implications for company
identity.
A sound corporate identity must be developed to have a successful
marketing program. Identity can be communicated internally and
externally by printing the company name and logo on as many printed
materials as possible. Business cards, letterhead, envelopes,
brochures, e-mail and especially Web sites must work synergistically
to reinforce the corporate identity.
Phase two involves creating a structured marketing communications
program to establish with the company, clients and customers.
Maintaining customer loyalty is vital because it is far more profitable
to retain existing customers than to attract new ones. Although
new business is important, it will be repeat purchases that make
your company successful.
Phase three focuses on target marketing, which is best implemented
after sales and production are stabilized. Developing a company
newsletter, attending conventions and shows with a booth and the
pursuit of press write-ups are all tactics that work well in this
stage. If you have a newsworthy product or business development,
media coverage is often a successful marketing tool because of
its credibility with consumers (ads, of course, are often viewed
with skepticism).
It is very important to complete a total business plan that encompasses
procedures and policies in all areas of the business. A good marketing
campaign could increase business ten-fold – are you ready?
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