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FREE MARKETING RESOURCESMARKETING ARTICLESMaking
it Easier for Customers to Buy From You By M. Michelle Poskaitis, CEO, Originations Marketing LLC Sam Walton, founder of Wal-Mart, is famous for admitting, “I am the world’s worst salesman,” and his resulting business philosophy “therefore, I must make it easy for people to buy.” Making it easier for customers to buy from you starts with sound marketing strategies—the logic you use to position your organization in the market and achieve your business objectives. Here is a five-step, relational thinking exercise to get your wheels turning. This exercise focuses your attention on those aspects of your business that most need to be addressed with marketing strategies. Consider the questions indicated under each step. Step 1. Identify Broad Strategic Goals
Typically, strategic marketing goals fall into one of four categories:
Step 2. Use Strengths to Neutralize Threats
Step 3. Build on Strengths to Leverage Opportunities
Step 4. Overcome Weaknesses That Aggravate Threats
Step 5. Choose Offense or Defense
As in sports, in marketing there are offensive and defensive strategies. Developing offensive marketing strategies requires you to anticipate and take action accordingly. For example, you foresee customer wants and needs (via market research) and then develop an offensive customer strategy to adjust products or services to meet those needs before or better than competitors. Or you know (via market research) how potential customers think, feel, and experience the organization and then design an offensive communication strategy to build awareness of the mission, clarify any misperceptions, and engender loyalty. Defensive marketing strategies are reactive in nature—typically in response to competitor activities or market dynamics. For example, you design a defensive cost strategy of incentives (lower sales prices, discounts, buy one, get one free) to attract customers away from competitors. Or, you utilize new or expanded marketing channels to increase the customer’s opportunity to buy from your organization versus competitors as a defensive convenience strategy. Sample Marketing Strategies Be sure the priority of your marketing strategies tracks with the expense priorities in your marketing budget. The following are common strategic approaches to consider as you develop appropriate marketing strategies for your organization’s unique situation:
Excerpted with author permission from Smart Marketing for Associations: Marketing Plans That Work, by M. Michelle Poskaitis (© 2002, ASAE). This article first appeared in ASAE Executive IdeaLink. Author of the ASAE best-selling book Smart Marketing for Associations: Marketing Plans That Work, M. Michelle Poskaitis’ expertise includes marketing planning, positioning, messaging and content development. A contributing writer and editor for association trade press, Michelle is CEO of Originations Marketing LLC and past chair of the ASAE Marketing Section Council. Contact: mmp@originations.net Electronic © 2002, M.
Michelle Poskaitis. All rights reserved. John
Gunn Marketing Partners, LLC © 2009 John Gunn Marketing Partners, LLC. All rights reserved. |
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