Posts Tagged ‘marketing strategy’

How to Determine Effective Marketing Strategies for your Business?

Monday, September 6th, 2010

Choosing the right of the overall marketing strategy is essential to make your business or organization worldwide. Not all types of campaigns or work plan for each company, it is important to discuss all your options with a professional marketing consultant. He or she can help you determine what works best for your type of business and which are not effectively reach your target.

Effective Strategy

While one could certainly develop a campaign and make all his own, if you have no experience in marketing, may be in your best interest to hire a foreigner to give advice, offer a second opinion, or even manage the entire campaign. Consultants in the market may be less expensive than a fully-fledged agency, but a marketing agency or society at large, offers more services for price. With an agency, you can often get campaign development, branding, graphic design, writing and advertising of other things related to the same place. However, an advisory can provide greater creative freedom and more one on one attention. Once you’ve chosen, you will, where appropriate, the next step is to conduct market research to identify your target audience. Who is your audience and what their needs may vary according to their products or services, but to discover what they are and what they want is vital to any growing business.

These are people who will buy from you. By discovering what they want on the market can determine how your company meets these desires. After identifying your audience and understand what they need from you, the primary purpose of your overall marketing strategy will be to get your business in front of them. You can do this in a variety of ways, including Internet marketing, local events in areas where it is to do business, advertising and hiring a sales staff. Each of these tactics can be effective if applied correctly. Building and marketing a website is the quickest and easiest way to globalize any business. If you use a marketing consultant or company, you will need help marketing your site through various means. These may be blog and article marketing and social networking sites. You might also consider providing incentives for new customers to your website and place their links with other potential consumers.

The most important thing to remember in the development of an overall marketing strategy is to keep it. No technique, whether through technology or traditional advertising, working all night. You must keep constantly and aggressively in their market place and respond to consumer needs in the context of a long-term marketing

How to Apply the Concept of Marketing Strategy

Saturday, May 15th, 2010

Abraham Maslow was a psychologist who developed a hierarchical pyramid to explain and classify universal human needs. If you are a business owner, take a look at Maslow’s pyramid and try to figure out what people really need out of life. How can you use this to your advantage in marketing your product? Find out what category of the hierarchy your product falls into, and advertising to your target market will be much more effective if you appeal to that need.

The most basic of human requirements are psychological; the fundamentals crucial to human existence. These include nourishment, water, shelter and air to breathe, and other necessary activities, like sleep.

If your offering is necessary to humanity, then you have to find a way to get people to purchase your item and not that of someone else. What would make people more inclined to purchase a food item from you instead of someone else? Your item must be differentiated, by being better tasting, a better value, in a better atmosphere… something. Your offering must be something special in order for a person to pick your item.

The next stage of human need deals with safety and security. Turn the TV on for five minutes, and see how many ads about insurance, retirement plans, or home alarm systems play during the commercial break. How would the use of your product enhance feelings of safety and stability in your customers’ lives? Stress these factors as your main selling points and get at the root emotions of your prospects.

The next level is the need for belongingness and affection. Everyone wants to feel connected to family, friends, or someone special. Certain services appeal to this niche. Let your customers know how much they can connect with others, and use testimonials- this is an effective method of appealing to new customers.

Esteem is the next section or Maslow theory on human need. One major esteem area deals with status and attention as well as recognition from others. The other major area deals with esteem of the self and includes areas of confidence, achievement, self-respect, competence, and independence.

I am reminded of a shampoo commercial in which the lead actress walks through an office building with the admiring eyes of many workers following her around. At the end, she walks into a board meeting and states that she doesn’t even work for the company, and all the attention must be the result of her shampoo.

The ultimate level of the Maslow Hierarchy is that of self-actualization. This is the “be all that you can be” attitude that encourages individuals to strive and make an effort to be responsible and participatory citizens in the world today.

Appealing to your customers’ desires in a responsible manner is a great way to pique their interest in what you have to offer. Potential customers can be persuaded to try your product or service once you become aware of how to leverage concept motivators to woo your prospects.

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