SlideShare a Scribd company logo
FG Position on
Marketing in the down
Economy
October 2008
What we know about down cycles
• The economy will rebound and we don’t want to miss it
• There are opportunities to be had in a down cycle
• The “big dogs” see this as a huge market share opportunity
• Buying cycle times increase
• Every dollar spent on marketing is scrutinized
• Outsourcing often reduces risk without losing upside potential
There are many unknowns
• How will this economy change our priorities?
• What affect will it have on our customers?
• What affect will it have on our marketing budgets?
• When will the recovery begin? How will we tell?
• What do we do in the meantime?
• What are other companies/competitors doing now?
• How should I change my focus?
• How should I change my mix?
A process for moving forward
• Data & Intelligence Gathering
• Market Management
• Campaign Management
• Lead Management
• Analysis
• Aftermarket
o Prospect & Customer Marketing
• Budgets
Data & Intelligence Gathering
• Talk to your customers - Review your Target Markets - Survey
customers and prospects
• Review most recent wins and losses
• Understand the impact the market has on customers and
prospects
• How do your solutions mitigate risk in a down economy?
• Stay close the market and its impact on spending
Market Management
• Review chosen and segmented markets (possibly re-prioritize)
• Obviously not all markets are the same – there will always be
opportunity markets (find them)
• Mobilize resources to focus on best verticals with greatest
success history
• Identify competitor weaknesses – especially those who can’t
handle the current economic situation and sell against it
• Increase Customer up-sell and cross-sell focus (i.e. services)
• Named account marketing based on segmentation analysis
• More Focus is More Power
Campaign Management
• Continue to Market
o Survey, referral programs, co-marketing
• Use the Economy – position solutions as right for the time
• Be a thought leader in this market
• Marketing is methodical and long term
• Consider your sell cycle and lead conversion timeframes
• Stay close to customers – talk to them
• Focus on ROI centered marketing (demand generation and lead
nurturing)
Lead Management
• Management of your funnel is critical NOW!
 Where are the leads at?
 how are the progressing?
 Confirm Existing Leads/Funnel
• Push or Pull your lead criteria to fit the market concern (most important
thing is to be in front of both customers and prospects regardless of timeframe. When the market
does recover you want to be top of mind).
• Create a significant lead nurture program based on segmentation
 Consider timely offers to turn prospects quicker (i.e. discounts on maintenance,
software optimization services, etc.)
Analysis
• Verify your current matrices are accurate for point in time analysis
Understand run rates (existing customer revenue)
o potential focus on how to increase such run rates through add on ideas
• Ensure a loss deal analysis has been executed (past 6 months, 12
months, 18 months)
• Also consider a WIN analysis (why have you been winning over
last 12-18 months)
o replicate those stories in marketing
What do we do? The Frantz Group is a marketing services
company - we help technology companies…
1. Identify and prioritize high potential target
markets
– Develop their go-to-market and marketing
campaign strategies
– Build effective marketing & campaign
materials to communicate their value
proposition
– Cultivate relationships that result in
specific and highly qualified opportunities
and pipeline
– Close those opportunities at the lowest
possible expense-to-revenue ratio
– Ensure lasting & profitable customer
relationships
– You are at the center!

More Related Content

What's hot

The Incredible Impact of Churn on the Value of Your Company
The Incredible Impact of Churn on the Value of Your CompanyThe Incredible Impact of Churn on the Value of Your Company
The Incredible Impact of Churn on the Value of Your Company
Gainsight
 
Metodologia TAS para empresas IT
Metodologia TAS para empresas ITMetodologia TAS para empresas IT
Metodologia TAS para empresas IT
guest87e771
 

What's hot (20)

How to use Customer Success to Drive Revenue Growth Through Up-Sells
How to use Customer Success to Drive Revenue Growth Through Up-SellsHow to use Customer Success to Drive Revenue Growth Through Up-Sells
How to use Customer Success to Drive Revenue Growth Through Up-Sells
 
How is Mobile CRM Solutions Instrumental in Enhancing Lead Generation?
How is Mobile CRM Solutions Instrumental in Enhancing Lead Generation?How is Mobile CRM Solutions Instrumental in Enhancing Lead Generation?
How is Mobile CRM Solutions Instrumental in Enhancing Lead Generation?
 
Aligning Customer Success to Enable Your Customers' Lifecycle
Aligning Customer Success to Enable Your Customers' LifecycleAligning Customer Success to Enable Your Customers' Lifecycle
Aligning Customer Success to Enable Your Customers' Lifecycle
 
Sales Prospecting Cadence - The Guru's Mantra
Sales Prospecting Cadence -  The Guru's MantraSales Prospecting Cadence -  The Guru's Mantra
Sales Prospecting Cadence - The Guru's Mantra
 
The Incredible Impact of Churn on the Value of Your Company
The Incredible Impact of Churn on the Value of Your CompanyThe Incredible Impact of Churn on the Value of Your Company
The Incredible Impact of Churn on the Value of Your Company
 
Marketing automation
Marketing automationMarketing automation
Marketing automation
 
Technology businesses Maximise Sale Value
Technology businesses   Maximise Sale ValueTechnology businesses   Maximise Sale Value
Technology businesses Maximise Sale Value
 
How to use Customer Success to Predict and Drive Up-Sell
How to use Customer Success to Predict and Drive Up-SellHow to use Customer Success to Predict and Drive Up-Sell
How to use Customer Success to Predict and Drive Up-Sell
 
Metodologia TAS para empresas IT
Metodologia TAS para empresas ITMetodologia TAS para empresas IT
Metodologia TAS para empresas IT
 
Brand, Service & Commerce convergence tactics
Brand, Service & Commerce convergence tacticsBrand, Service & Commerce convergence tactics
Brand, Service & Commerce convergence tactics
 
How to make the impossible possible
How to make the impossible possibleHow to make the impossible possible
How to make the impossible possible
 
What is Pipeline Marketing
What is Pipeline Marketing What is Pipeline Marketing
What is Pipeline Marketing
 
Keynote B2B Marketing Forum 2017 Beyond the hype trend report 2017
Keynote B2B Marketing Forum 2017 Beyond the hype trend report 2017Keynote B2B Marketing Forum 2017 Beyond the hype trend report 2017
Keynote B2B Marketing Forum 2017 Beyond the hype trend report 2017
 
How to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management MetricsHow to Drive Top-Line Growth with Customer Success Management Metrics
How to Drive Top-Line Growth with Customer Success Management Metrics
 
Sales Hacker Series San Francisco - Quick close - Farlan Dowell
Sales Hacker Series San Francisco - Quick close - Farlan DowellSales Hacker Series San Francisco - Quick close - Farlan Dowell
Sales Hacker Series San Francisco - Quick close - Farlan Dowell
 
PulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation DeckPulseLocal Phoenix Event Presentation Deck
PulseLocal Phoenix Event Presentation Deck
 
Figaro Digital Seminar: Nurturing Your eCommerce Customers With Marketing Aut...
Figaro Digital Seminar: Nurturing Your eCommerce Customers With Marketing Aut...Figaro Digital Seminar: Nurturing Your eCommerce Customers With Marketing Aut...
Figaro Digital Seminar: Nurturing Your eCommerce Customers With Marketing Aut...
 
Land & Expand - Growing Revenue through Customer Success
Land & Expand - Growing Revenue through Customer SuccessLand & Expand - Growing Revenue through Customer Success
Land & Expand - Growing Revenue through Customer Success
 
Driving Customer Success in the Subscription Economy by Nick Mehta, CEO of Ga...
Driving Customer Success in the Subscription Economy by Nick Mehta, CEO of Ga...Driving Customer Success in the Subscription Economy by Nick Mehta, CEO of Ga...
Driving Customer Success in the Subscription Economy by Nick Mehta, CEO of Ga...
 
Developing a World Class Customer Success Organization
Developing a World Class Customer Success Organization Developing a World Class Customer Success Organization
Developing a World Class Customer Success Organization
 

Viewers also liked

Introduction to hrm
Introduction to hrmIntroduction to hrm
Introduction to hrm
rajini271
 
Solar And Wind Alternative Energy Product Presentation
Solar And Wind Alternative Energy Product PresentationSolar And Wind Alternative Energy Product Presentation
Solar And Wind Alternative Energy Product Presentation
Peter Okwudi
 
Ggm Brochure
Ggm BrochureGgm Brochure
Ggm Brochure
guywilcox
 
Straight Edge Marketing Presentation
Straight Edge Marketing PresentationStraight Edge Marketing Presentation
Straight Edge Marketing Presentation
jnjhooper4ever
 
Organizational structure and_hrm
Organizational structure and_hrmOrganizational structure and_hrm
Organizational structure and_hrm
rajini271
 
Programming Amazon Web Services for Beginners (1)
Programming Amazon Web Services for Beginners (1)Programming Amazon Web Services for Beginners (1)
Programming Amazon Web Services for Beginners (1)
Markus Klems
 
Vertical Wind Turbine Generator Presentation
Vertical Wind Turbine Generator PresentationVertical Wind Turbine Generator Presentation
Vertical Wind Turbine Generator Presentation
Peter Okwudi
 

Viewers also liked (17)

Introduction to hrm
Introduction to hrmIntroduction to hrm
Introduction to hrm
 
Solar And Wind Alternative Energy Product Presentation
Solar And Wind Alternative Energy Product PresentationSolar And Wind Alternative Energy Product Presentation
Solar And Wind Alternative Energy Product Presentation
 
Ggm Brochure
Ggm BrochureGgm Brochure
Ggm Brochure
 
Straight Edge Marketing Presentation
Straight Edge Marketing PresentationStraight Edge Marketing Presentation
Straight Edge Marketing Presentation
 
Who Is Frantz Group
Who Is Frantz GroupWho Is Frantz Group
Who Is Frantz Group
 
Organizational structure and_hrm
Organizational structure and_hrmOrganizational structure and_hrm
Organizational structure and_hrm
 
Lean social media for startups
Lean social media for startupsLean social media for startups
Lean social media for startups
 
Do Clouds Compute? A Framework for Estimating the Value of Cloud Computing.
Do Clouds Compute? A Framework for Estimating the Value of Cloud Computing.Do Clouds Compute? A Framework for Estimating the Value of Cloud Computing.
Do Clouds Compute? A Framework for Estimating the Value of Cloud Computing.
 
Evaluating Software Architectures
Evaluating Software ArchitecturesEvaluating Software Architectures
Evaluating Software Architectures
 
Programming Amazon Web Services for Beginners (1)
Programming Amazon Web Services for Beginners (1)Programming Amazon Web Services for Beginners (1)
Programming Amazon Web Services for Beginners (1)
 
Vertical Wind Turbine Generator Presentation
Vertical Wind Turbine Generator PresentationVertical Wind Turbine Generator Presentation
Vertical Wind Turbine Generator Presentation
 
Mass Customisation In Scm
Mass Customisation In ScmMass Customisation In Scm
Mass Customisation In Scm
 
Januarmont Power Pac4
Januarmont Power Pac4Januarmont Power Pac4
Januarmont Power Pac4
 
Irudiak
IrudiakIrudiak
Irudiak
 
Januarmont Power Pac4
Januarmont Power Pac4Januarmont Power Pac4
Januarmont Power Pac4
 
演示文稿4
演示文稿4演示文稿4
演示文稿4
 
postal
postalpostal
postal
 

Similar to Marketing in a down economy

Marketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORDMarketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORD
Vaibhavi Dalvi
 
MARKETING MANAGEMENT
MARKETING MANAGEMENTMARKETING MANAGEMENT
MARKETING MANAGEMENT
Abhinav Ag
 
Executive Program in Sales Management (Monday) June 2014
Executive Program in Sales Management (Monday) June 2014Executive Program in Sales Management (Monday) June 2014
Executive Program in Sales Management (Monday) June 2014
1-degree INC
 

Similar to Marketing in a down economy (20)

Intro to marketing
Intro to marketingIntro to marketing
Intro to marketing
 
Marketing : In a Nutshell
Marketing : In a NutshellMarketing : In a Nutshell
Marketing : In a Nutshell
 
Salesand distribution
Salesand distributionSalesand distribution
Salesand distribution
 
Marketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORDMarketing plan- NET DOWNLORD
Marketing plan- NET DOWNLORD
 
SaaS Direct Sales Model
SaaS Direct Sales ModelSaaS Direct Sales Model
SaaS Direct Sales Model
 
Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010Harris Media Direct Marketing Webinar 2010
Harris Media Direct Marketing Webinar 2010
 
Sales Management and Sales Promotion
Sales Management and Sales PromotionSales Management and Sales Promotion
Sales Management and Sales Promotion
 
Chapter 1 lecture1
Chapter 1 lecture1Chapter 1 lecture1
Chapter 1 lecture1
 
Revenue performance transformation - grow your business sustainably
Revenue performance transformation - grow your business sustainablyRevenue performance transformation - grow your business sustainably
Revenue performance transformation - grow your business sustainably
 
Accelerated growth in_channel_revenue
Accelerated growth in_channel_revenueAccelerated growth in_channel_revenue
Accelerated growth in_channel_revenue
 
Unit 1 introduction
Unit 1 introductionUnit 1 introduction
Unit 1 introduction
 
Sales management 1
Sales management 1Sales management 1
Sales management 1
 
MARKETING MANAGEMENT
MARKETING MANAGEMENTMARKETING MANAGEMENT
MARKETING MANAGEMENT
 
Marketing Plan
Marketing PlanMarketing Plan
Marketing Plan
 
Introduction to Marketing Analytics
Introduction to Marketing AnalyticsIntroduction to Marketing Analytics
Introduction to Marketing Analytics
 
Marketing strategy
Marketing strategyMarketing strategy
Marketing strategy
 
Ins & Outs of Developing a Marketing Plan | DCSBDC | Doing Business in DC
Ins & Outs of Developing a Marketing Plan | DCSBDC | Doing Business in DCIns & Outs of Developing a Marketing Plan | DCSBDC | Doing Business in DC
Ins & Outs of Developing a Marketing Plan | DCSBDC | Doing Business in DC
 
Executive Program in Sales Management (Monday) June 2014
Executive Program in Sales Management (Monday) June 2014Executive Program in Sales Management (Monday) June 2014
Executive Program in Sales Management (Monday) June 2014
 
Marketing-Strategy (1)(1).pptx
Marketing-Strategy (1)(1).pptxMarketing-Strategy (1)(1).pptx
Marketing-Strategy (1)(1).pptx
 
Developing a Strategic Marketing Plan
Developing a Strategic Marketing PlanDeveloping a Strategic Marketing Plan
Developing a Strategic Marketing Plan
 

Recently uploaded

anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
anasabutalha2013
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
Khaled Al Awadi
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 

Recently uploaded (20)

Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlastUnlock Your TikTok Potential: Free TikTok Likes with InstBlast
Unlock Your TikTok Potential: Free TikTok Likes with InstBlast
 
Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)Special Purpose Vehicle (Purpose, Formation & examples)
Special Purpose Vehicle (Purpose, Formation & examples)
 
How to Maintain Healthy Life style.pptx
How to Maintain  Healthy Life style.pptxHow to Maintain  Healthy Life style.pptx
How to Maintain Healthy Life style.pptx
 
anas about venice for grade 6f about venice
anas about venice for grade 6f about veniceanas about venice for grade 6f about venice
anas about venice for grade 6f about venice
 
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best FilmmakerDid Paul Haggis Ever Win an Oscar for Best Filmmaker
Did Paul Haggis Ever Win an Oscar for Best Filmmaker
 
Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.Team-Spandex-Northern University-CS1035.
Team-Spandex-Northern University-CS1035.
 
Easy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your ComputerEasy Way to Download and Set Up Gen TDS Software on Your Computer
Easy Way to Download and Set Up Gen TDS Software on Your Computer
 
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
8 Questions B2B Commercial Teams Can Ask To Help Product Discovery
 
Hyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings releaseHyundai capital 2024 1quarter Earnings release
Hyundai capital 2024 1quarter Earnings release
 
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...
 
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...NewBase   24 May  2024  Energy News issue - 1727 by Khaled Al Awadi_compresse...
NewBase 24 May 2024 Energy News issue - 1727 by Khaled Al Awadi_compresse...
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
State of D2C in India: A Logistics Update
State of D2C in India: A Logistics UpdateState of D2C in India: A Logistics Update
State of D2C in India: A Logistics Update
 
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | ShajaraLuxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
Luxury Artificial Plants Dubai | Plants in KSA, UAE | Shajara
 
Global Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdfGlobal Interconnection Group Joint Venture[960] (1).pdf
Global Interconnection Group Joint Venture[960] (1).pdf
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
Cracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptxCracking the Change Management Code Main New.pptx
Cracking the Change Management Code Main New.pptx
 
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
12 Conversion Rate Optimization Strategies for Ecommerce Websites.pdf
 
Evolution and Growth of Supply chain.pdf
Evolution and Growth of Supply chain.pdfEvolution and Growth of Supply chain.pdf
Evolution and Growth of Supply chain.pdf
 
What are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdfWhat are the main advantages of using HR recruiter services.pdf
What are the main advantages of using HR recruiter services.pdf
 

Marketing in a down economy

  • 1. FG Position on Marketing in the down Economy October 2008
  • 2. What we know about down cycles • The economy will rebound and we don’t want to miss it • There are opportunities to be had in a down cycle • The “big dogs” see this as a huge market share opportunity • Buying cycle times increase • Every dollar spent on marketing is scrutinized • Outsourcing often reduces risk without losing upside potential
  • 3. There are many unknowns • How will this economy change our priorities? • What affect will it have on our customers? • What affect will it have on our marketing budgets? • When will the recovery begin? How will we tell? • What do we do in the meantime? • What are other companies/competitors doing now? • How should I change my focus? • How should I change my mix?
  • 4. A process for moving forward • Data & Intelligence Gathering • Market Management • Campaign Management • Lead Management • Analysis • Aftermarket o Prospect & Customer Marketing • Budgets
  • 5. Data & Intelligence Gathering • Talk to your customers - Review your Target Markets - Survey customers and prospects • Review most recent wins and losses • Understand the impact the market has on customers and prospects • How do your solutions mitigate risk in a down economy? • Stay close the market and its impact on spending
  • 6. Market Management • Review chosen and segmented markets (possibly re-prioritize) • Obviously not all markets are the same – there will always be opportunity markets (find them) • Mobilize resources to focus on best verticals with greatest success history • Identify competitor weaknesses – especially those who can’t handle the current economic situation and sell against it • Increase Customer up-sell and cross-sell focus (i.e. services) • Named account marketing based on segmentation analysis • More Focus is More Power
  • 7. Campaign Management • Continue to Market o Survey, referral programs, co-marketing • Use the Economy – position solutions as right for the time • Be a thought leader in this market • Marketing is methodical and long term • Consider your sell cycle and lead conversion timeframes • Stay close to customers – talk to them • Focus on ROI centered marketing (demand generation and lead nurturing)
  • 8. Lead Management • Management of your funnel is critical NOW!  Where are the leads at?  how are the progressing?  Confirm Existing Leads/Funnel • Push or Pull your lead criteria to fit the market concern (most important thing is to be in front of both customers and prospects regardless of timeframe. When the market does recover you want to be top of mind). • Create a significant lead nurture program based on segmentation  Consider timely offers to turn prospects quicker (i.e. discounts on maintenance, software optimization services, etc.)
  • 9. Analysis • Verify your current matrices are accurate for point in time analysis Understand run rates (existing customer revenue) o potential focus on how to increase such run rates through add on ideas • Ensure a loss deal analysis has been executed (past 6 months, 12 months, 18 months) • Also consider a WIN analysis (why have you been winning over last 12-18 months) o replicate those stories in marketing
  • 10. What do we do? The Frantz Group is a marketing services company - we help technology companies… 1. Identify and prioritize high potential target markets – Develop their go-to-market and marketing campaign strategies – Build effective marketing & campaign materials to communicate their value proposition – Cultivate relationships that result in specific and highly qualified opportunities and pipeline – Close those opportunities at the lowest possible expense-to-revenue ratio – Ensure lasting & profitable customer relationships – You are at the center!