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191012
GAMBAR COVER BUKU/
GAMBAR PENDUKUNG LAIN
lia s. Associates
BOOKCLUB
HIGHLY
EFFECTIVE
MARKETING
PLAN
Chapter 1-6
Peter Knight
INTRODUCTION
HEMP - Highly Effective
Marketing Plan
lia s. Associates
lia s. Associates
STEP #1
A Desired Result
lia s. Associates
lia s. Associates
Define a clear desired result
of your company
“The greater the
clarity, the more likely
that others will ‘get it’ “
Example: Red Cups Coffee
lia s. Associates
“Redcups is a brand new
start-up company which
plans to supply very high
quality beverages,
primarily coffee, to offices.
The desired result for Redcup
is to be the beverage
supplier to 5.000 clients
within twelve months”
STEP #2
What’s it
Worth?
lia s. Associates
Defined the outcome
lia s. Associates
Having clearly defined the
outcome you wish to
achieve, take a moment to
calculate what it’s worth.
To be a highly effective plan,
will want to make sure that
any investment and the cost
of other resources, is more
than covered by the return.
Marketing can be very much like building a fire
lia s. Associates
Even with a paraffin-soaked
fire-lighter it takes a few
minutes for the kindling to
catch before you can put the
coal or logs on, and then it
takes a while before the
warmth comes through into
the room.
Don’t wring every last penny out of your idea
before it’s started, leave some for later
lia s. Associates
In order for your HEMP to
get off the ground make sure
that the numbers appeal and
add up, that they have room
for further improvement and
are ambitious, but above all,
are realistic and believable.
Key Points
lia s. Associates
Work out what your
desired result is worth
Make sure you identify
the profit or contribution
as well as the turnover
Depending on the time-
scale for your desired
result you may like to
identify the value in the
short, medium and
longer term
STEP #3
What are the
Consequences?
lia s. Associates
Consequences
lia s. Associates
Once your plan starts to be implemented it will have
consequences. And these are potentially both positive and
negative.
Let’s look at the positives first.
lia s. Associates
● You’ve already established a realistic value for your
desired result, so you know the financial upside.
● It might be that your plan will galvanise a dispirited sales
team, or be the catalyst for customers to see your
company and its other products in a new light.
3 Key points
lia s. Associates
1. Identify the upsides and
possible downsides of
your HEMP
2. Spell out what might
happen if you don’t
pursue your desired
result, (i.e. do nothing)
3. Be realistic and honest –
it will help persuade
doubters that you’ve
considered all the
consequences
Point 1
lia s. Associates
A common issue is the distraction from the core business and
the fear that whilst the new idea will succeed, the price might
be a decline in business overall. If this is a very real possibility
then flag it up – and find possible solutions while you’re at it.
The downsides need to be considered just as carefully
Point 2
lia s. Associates
Often people are more motivated by the fear of loss than they are by the
pleasure of gain.
Exercise 1
Choose either A or B.
A. You can have a guaranteed win of ÂŁ3,000;
B. You can have an 80% chance of winning ÂŁ4,000 and a 20% chance
of winning nothing.
Exercise 2
Choose either A or B.
A. You can have a guaranteed loss of ÂŁ3,000;
B. You can have an 80% chance of losing ÂŁ4,000 and a 20% chance of
losing nothing.
Point 3
lia s. Associates
The biggest consequence of not achieving
the desired result would be the sense of
frustration at having missed an opportunity
Positives
+ Growth
+ Profit
+ Security
+ Prove the concept –
raise funding for
expansion
Negatives
- Lose money
- Let team down
- Reputation of failure
- Missed opportunity
STEP #4
TARGET
lia s. Associates
lia s. Associates
Who is going to buy your product
You need to know and you need to be right.
Who are you targeting?
Bird of a feather flock together
lia s. Associates
When you investigate your target effectively you will discover
so many similarity even if their business are in completely
different sectors
lia s. Associates
Look beyond the obvious
and continually ask
question, that’s how you
discover similarity
Spend some time with
your clients with the sole
purpose of getting to know
them better
lia s. Associates
If you have different target
Find the most significant
one for the rest of this
HEMP,
Keeping the others in
mind for the next steps,
and then come back and
continue the process.
lia s. Associates
List out all your targets
Describe what this people
like and dislike
Your end target might not
be the people you need to
get to
Often it’s key influencer
who will communcate your
message more effectively
Key
Point
Step #4
STEP #5
WHAT DO THEY
CURRENTLY THINK AND
DO?
lia s. Associates
lia s. Associates
Why don’t
companies
understand their
customer better ?
They have their own opinion and the more senior the
person the more weight was given to their view point
lia s. Associates
Then how
companies
understand their
customer better ?
Learn your customer- side own bias and truly listen
Find what they don’t like about the competitor
Invest in research - spell out exactly what your expecting the research to
accomplish and how it will go about the exercise
YOU ARE NOT YOUR TARGET AUDIENCE
lia s. Associates
“Your opinion is biased”
Opinions from you, your colleagues, friends.
Family
 ar not your target audience.
You need objective and accurate information
about your target audience if you are going to
communicate with them appropriately.
“EGO often gets in the way when
executives think they are always right”
Most companies when they think of coffee they
think, instant coffee or tea bags.
Same with vending machines, the general idea
is to get the cheapest.
RED CUP eventually learned this and while
expensive, they managed to turn their sales
pitch around.
RINSE AND REPEAT
lia s. Associates
Learn exactly what your
target audience is currently
thinking about your brand,
products and services.
If you don’t know
 carry out
research
If you are new to the
market
 Find out what they
think you your competitors
RADIO
lia s. Associates
Radio is often a powerful
tool. It gets people when
they are alone, which makes
them receptive to your
message.
Whatever medium you use,
don’t overload the message,
instead make it easy for
listeners, and make them
want to find out more.
Goes with all aspects of
communication right?
STEP #6
WHAT DO YOU WANT
THEM TO THINK AND DO?
lia s. Associates
2 STAGES OF CREATION
lia s. Associates
“Mental creation precedes
physical creation”
Stephen Convey
Before you can make someone want to do
something different... buy whatever it is you
are selling

The first thing you need to do is change the
way that they think.
“Once we change their thinking they
will automatically change their doing”
In the previous chapter, it revolved around
determining what your target currently thinks

And so with that knowledge, we can then
consider what we want them to think instead

But first things first.
WHO ARE YOU THOUGH?
lia s. Associates
As with most startups, you are
likely to be unknown. Thus most
potential customers will buy
from your competitor.
Making customers aware of your existence is
easy. The hard bit is knowing WHAT to make
them aware of.
Don’t rely on your own biased opinion of how
you see your business. Find out what people
really think.
Only then can you go
about changing
customers opinions.
WHAT TO MAKE THEM THINK?
lia s. Associates
So
 Once you know who you
are, you need to start
considering what you want them
to think instead.
Let’s talk about SKODA.
Basically they were considered
a joke during the 80s. UGLY
VW realised this, but embraced it and
turned the joke around. They started
voicing the the idea that although
embarrassing, they did a brilliant job in
developing an all round great car.
Sales went up considerably after they
changed the consumers mind.
WHAT TO MAKE THEM DO?
lia s. Associates
You need to identify both what
you want your target to do

while also how to think.
For most people, advertising means
selling products. But the reality is more
than that. It’s selling ideas.
Therefore during any phase of
communication, you need to consider
what it is you want your target to think
after seeing your communications.
Ideally, you want them to think:
I’m interested in these people. I like what they
are saying, i’ll certainly try them at least.
“BETTER COFFEE SAVES MONEY”
lia s. Associates
RED CUP COFFEE
While Starbucks was becoming
fashionable, executives where
spending way to much time and
money on relatively bad coffee.
Red Cup was becoming known for
being a high quality supplier of office
coffee and machines. And they
thought they knew their customer.
They didn’t.
Problem is they were expensive.
So
 How did they change the
paradigm.
“HOW CLEVER”
lia s. Associates
Hollard Insurance
South Africa is well known for crime.
Especially car theft.
Hollard Insurance knew how their
audience felt and thought, they
played on their anxiety by placing
subtle adverts in an auto trader
magazines... using a similar style as
used by other amateur photos found
in the magazine which displayed
empty garages and driveways.
They focused on the target audience
needs, at the right time and left an
impression that caused readers to think
‘how clever’
THANK YOU
lia s. Associates
Highly Effective Marketing Plan Summary
Highly Effective Marketing Plan Summary
Highly Effective Marketing Plan Summary
Highly Effective Marketing Plan Summary
Highly Effective Marketing Plan Summary

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Highly Effective Marketing Plan Summary

  • 1. 191012 GAMBAR COVER BUKU/ GAMBAR PENDUKUNG LAIN lia s. Associates BOOKCLUB HIGHLY EFFECTIVE MARKETING PLAN Chapter 1-6 Peter Knight
  • 2. INTRODUCTION HEMP - Highly Effective Marketing Plan lia s. Associates
  • 4. STEP #1 A Desired Result lia s. Associates
  • 5. lia s. Associates Define a clear desired result of your company “The greater the clarity, the more likely that others will ‘get it’ “
  • 6. Example: Red Cups Coffee lia s. Associates “Redcups is a brand new start-up company which plans to supply very high quality beverages, primarily coffee, to offices. The desired result for Redcup is to be the beverage supplier to 5.000 clients within twelve months”
  • 8. Defined the outcome lia s. Associates Having clearly defined the outcome you wish to achieve, take a moment to calculate what it’s worth. To be a highly effective plan, will want to make sure that any investment and the cost of other resources, is more than covered by the return.
  • 9. Marketing can be very much like building a fire lia s. Associates Even with a paraffin-soaked fire-lighter it takes a few minutes for the kindling to catch before you can put the coal or logs on, and then it takes a while before the warmth comes through into the room.
  • 10. Don’t wring every last penny out of your idea before it’s started, leave some for later lia s. Associates In order for your HEMP to get off the ground make sure that the numbers appeal and add up, that they have room for further improvement and are ambitious, but above all, are realistic and believable.
  • 11. Key Points lia s. Associates Work out what your desired result is worth Make sure you identify the profit or contribution as well as the turnover Depending on the time- scale for your desired result you may like to identify the value in the short, medium and longer term
  • 12. STEP #3 What are the Consequences? lia s. Associates
  • 13. Consequences lia s. Associates Once your plan starts to be implemented it will have consequences. And these are potentially both positive and negative.
  • 14. Let’s look at the positives first. lia s. Associates ● You’ve already established a realistic value for your desired result, so you know the financial upside. ● It might be that your plan will galvanise a dispirited sales team, or be the catalyst for customers to see your company and its other products in a new light.
  • 15. 3 Key points lia s. Associates 1. Identify the upsides and possible downsides of your HEMP 2. Spell out what might happen if you don’t pursue your desired result, (i.e. do nothing) 3. Be realistic and honest – it will help persuade doubters that you’ve considered all the consequences
  • 16. Point 1 lia s. Associates A common issue is the distraction from the core business and the fear that whilst the new idea will succeed, the price might be a decline in business overall. If this is a very real possibility then flag it up – and find possible solutions while you’re at it. The downsides need to be considered just as carefully
  • 17. Point 2 lia s. Associates Often people are more motivated by the fear of loss than they are by the pleasure of gain. Exercise 1 Choose either A or B. A. You can have a guaranteed win of ÂŁ3,000; B. You can have an 80% chance of winning ÂŁ4,000 and a 20% chance of winning nothing. Exercise 2 Choose either A or B. A. You can have a guaranteed loss of ÂŁ3,000; B. You can have an 80% chance of losing ÂŁ4,000 and a 20% chance of losing nothing.
  • 18. Point 3 lia s. Associates The biggest consequence of not achieving the desired result would be the sense of frustration at having missed an opportunity Positives + Growth + Profit + Security + Prove the concept – raise funding for expansion Negatives - Lose money - Let team down - Reputation of failure - Missed opportunity
  • 19. STEP #4 TARGET lia s. Associates
  • 20. lia s. Associates Who is going to buy your product You need to know and you need to be right. Who are you targeting?
  • 21. Bird of a feather flock together lia s. Associates When you investigate your target effectively you will discover so many similarity even if their business are in completely different sectors
  • 22. lia s. Associates Look beyond the obvious and continually ask question, that’s how you discover similarity Spend some time with your clients with the sole purpose of getting to know them better
  • 23. lia s. Associates If you have different target Find the most significant one for the rest of this HEMP, Keeping the others in mind for the next steps, and then come back and continue the process.
  • 24. lia s. Associates List out all your targets Describe what this people like and dislike Your end target might not be the people you need to get to Often it’s key influencer who will communcate your message more effectively Key Point Step #4
  • 25. STEP #5 WHAT DO THEY CURRENTLY THINK AND DO? lia s. Associates
  • 26. lia s. Associates Why don’t companies understand their customer better ? They have their own opinion and the more senior the person the more weight was given to their view point
  • 27. lia s. Associates Then how companies understand their customer better ? Learn your customer- side own bias and truly listen Find what they don’t like about the competitor Invest in research - spell out exactly what your expecting the research to accomplish and how it will go about the exercise
  • 28. YOU ARE NOT YOUR TARGET AUDIENCE lia s. Associates “Your opinion is biased” Opinions from you, your colleagues, friends. Family
 ar not your target audience. You need objective and accurate information about your target audience if you are going to communicate with them appropriately. “EGO often gets in the way when executives think they are always right” Most companies when they think of coffee they think, instant coffee or tea bags. Same with vending machines, the general idea is to get the cheapest. RED CUP eventually learned this and while expensive, they managed to turn their sales pitch around.
  • 29. RINSE AND REPEAT lia s. Associates Learn exactly what your target audience is currently thinking about your brand, products and services. If you don’t know
 carry out research If you are new to the market
 Find out what they think you your competitors
  • 30. RADIO lia s. Associates Radio is often a powerful tool. It gets people when they are alone, which makes them receptive to your message. Whatever medium you use, don’t overload the message, instead make it easy for listeners, and make them want to find out more. Goes with all aspects of communication right?
  • 31. STEP #6 WHAT DO YOU WANT THEM TO THINK AND DO? lia s. Associates
  • 32. 2 STAGES OF CREATION lia s. Associates “Mental creation precedes physical creation” Stephen Convey Before you can make someone want to do something different... buy whatever it is you are selling
 The first thing you need to do is change the way that they think. “Once we change their thinking they will automatically change their doing” In the previous chapter, it revolved around determining what your target currently thinks
 And so with that knowledge, we can then consider what we want them to think instead
 But first things first.
  • 33. WHO ARE YOU THOUGH? lia s. Associates As with most startups, you are likely to be unknown. Thus most potential customers will buy from your competitor. Making customers aware of your existence is easy. The hard bit is knowing WHAT to make them aware of. Don’t rely on your own biased opinion of how you see your business. Find out what people really think. Only then can you go about changing customers opinions.
  • 34. WHAT TO MAKE THEM THINK? lia s. Associates So
 Once you know who you are, you need to start considering what you want them to think instead. Let’s talk about SKODA. Basically they were considered a joke during the 80s. UGLY VW realised this, but embraced it and turned the joke around. They started voicing the the idea that although embarrassing, they did a brilliant job in developing an all round great car. Sales went up considerably after they changed the consumers mind.
  • 35. WHAT TO MAKE THEM DO? lia s. Associates You need to identify both what you want your target to do
 while also how to think. For most people, advertising means selling products. But the reality is more than that. It’s selling ideas. Therefore during any phase of communication, you need to consider what it is you want your target to think after seeing your communications. Ideally, you want them to think: I’m interested in these people. I like what they are saying, i’ll certainly try them at least.
  • 36. “BETTER COFFEE SAVES MONEY” lia s. Associates RED CUP COFFEE While Starbucks was becoming fashionable, executives where spending way to much time and money on relatively bad coffee. Red Cup was becoming known for being a high quality supplier of office coffee and machines. And they thought they knew their customer. They didn’t. Problem is they were expensive. So
 How did they change the paradigm.
  • 37. “HOW CLEVER” lia s. Associates Hollard Insurance South Africa is well known for crime. Especially car theft. Hollard Insurance knew how their audience felt and thought, they played on their anxiety by placing subtle adverts in an auto trader magazines... using a similar style as used by other amateur photos found in the magazine which displayed empty garages and driveways. They focused on the target audience needs, at the right time and left an impression that caused readers to think ‘how clever’
  • 38. THANK YOU lia s. Associates