The document discusses various marketing concepts including integrated marketing communication, market segmentation, branding, digital marketing, customer relationship management, and sales. It explains that political factors can impact businesses and effective branding creates enduring customer perceptions. Market segmentation involves dividing markets into groups with common characteristics to create customized marketing. Relationship marketing focuses on loyalty and engagement rather than just sales.
Strategic management is an ongoing process that involves evaluating and controlling a company's business and industry, assessing competitors, and setting and reassessing strategies. It entails making high-level decisions that have long-term impacts on a firm. The strategic management process involves planning and analysis, strategy formulation, alternative selection, evaluation, and implementation and control. It aims to achieve efficiency and effectiveness. Strategic decisions are made at the business, functional, and corporate levels.
My recommendations on how senior marketing leaders can increase the credibility/value of marketing and transform their organizations from being tactical & reactive to really strategic. It cuts through the marketing hype and gives real life examples from my time as CMO of Colt (FTSE250 IT/Cloud) and more recently as a strategic marketing consultant
Sales management involves planning, directing, and controlling personal selling activities including recruiting, training, and motivating salespeople. An effective sales organization strives to achieve goals through formal and informal relationships between individuals. Sales management uses various analyses including sales, costs, and productivity to evaluate organizational effectiveness. Sales forecasts, budgets, quotas, and manpower planning are important tools to achieve objectives and coordinate activities. Proper time and territory management can improve salesforce productivity.
This document provides an overview and introduction to Account-Based Marketing (ABM). It defines ABM as focusing marketing and sales efforts on specific targeted accounts, bringing marketing and sales teams closer together. The document outlines benefits of ABM like improved ROI and faster sales cycles. It provides guidance on getting started with ABM, including choosing targets and tactics. Example tactics discussed include direct mail, content marketing, and digital advertising.
Account-based marketing (ABM) is a practice that enables B2B marketers to drive more revenue by focusing their marketing and communications efforts on the accounts (companies) that have the most potential to become customers. ABM involves treating individual accounts as separate markets and developing deeper relationships with key decision-makers within those accounts. Effective ABM requires understanding each target account through profiling and analyzing the account's industry, business goals, key contacts, and opportunities for solutions in order to develop customized marketing strategies and tactics.
The document discusses key themes in sales management including the roles and responsibilities of sales representatives, how sales jobs are classified, and factors that influence sales personnel behavior. It also outlines a framework for sales management with control systems, environmental factors, and personnel considerations. Additional sections cover managing the post-sale relationship, building dependencies on customers, and institutionalizing relationship management within a company.
Marketing Services Excellence: Driving Costs Down and Effectiveness UpBest Practices
Marketing organizations today are under increasing pressure to deliver quality services to their internal clients while holding down costs. To remain competitive, Marketing leaders need to understand how their expenses, services scope, resources, organizational structure, and use of off-shore labor sources compare with those at other companies so they can identify and close performance gaps. This cross-industry benchmarking study provides metrics and critical insights for evaluating the effectiveness of the Marketing Services/Operations function, including Creative Services, Support Services and Market Research & Analytics Services.
Strategic management is an ongoing process that involves evaluating and controlling a company's business and industry, assessing competitors, and setting and reassessing strategies. It entails making high-level decisions that have long-term impacts on a firm. The strategic management process involves planning and analysis, strategy formulation, alternative selection, evaluation, and implementation and control. It aims to achieve efficiency and effectiveness. Strategic decisions are made at the business, functional, and corporate levels.
My recommendations on how senior marketing leaders can increase the credibility/value of marketing and transform their organizations from being tactical & reactive to really strategic. It cuts through the marketing hype and gives real life examples from my time as CMO of Colt (FTSE250 IT/Cloud) and more recently as a strategic marketing consultant
Sales management involves planning, directing, and controlling personal selling activities including recruiting, training, and motivating salespeople. An effective sales organization strives to achieve goals through formal and informal relationships between individuals. Sales management uses various analyses including sales, costs, and productivity to evaluate organizational effectiveness. Sales forecasts, budgets, quotas, and manpower planning are important tools to achieve objectives and coordinate activities. Proper time and territory management can improve salesforce productivity.
This document provides an overview and introduction to Account-Based Marketing (ABM). It defines ABM as focusing marketing and sales efforts on specific targeted accounts, bringing marketing and sales teams closer together. The document outlines benefits of ABM like improved ROI and faster sales cycles. It provides guidance on getting started with ABM, including choosing targets and tactics. Example tactics discussed include direct mail, content marketing, and digital advertising.
Account-based marketing (ABM) is a practice that enables B2B marketers to drive more revenue by focusing their marketing and communications efforts on the accounts (companies) that have the most potential to become customers. ABM involves treating individual accounts as separate markets and developing deeper relationships with key decision-makers within those accounts. Effective ABM requires understanding each target account through profiling and analyzing the account's industry, business goals, key contacts, and opportunities for solutions in order to develop customized marketing strategies and tactics.
The document discusses key themes in sales management including the roles and responsibilities of sales representatives, how sales jobs are classified, and factors that influence sales personnel behavior. It also outlines a framework for sales management with control systems, environmental factors, and personnel considerations. Additional sections cover managing the post-sale relationship, building dependencies on customers, and institutionalizing relationship management within a company.
Marketing Services Excellence: Driving Costs Down and Effectiveness UpBest Practices
Marketing organizations today are under increasing pressure to deliver quality services to their internal clients while holding down costs. To remain competitive, Marketing leaders need to understand how their expenses, services scope, resources, organizational structure, and use of off-shore labor sources compare with those at other companies so they can identify and close performance gaps. This cross-industry benchmarking study provides metrics and critical insights for evaluating the effectiveness of the Marketing Services/Operations function, including Creative Services, Support Services and Market Research & Analytics Services.
Sales management involves planning, organizing, leading, and controlling a company's sales force. The key objectives of sales management are to increase sales volume, profits, and business growth over time. Effective sales management requires motivating and developing salespeople while also setting goals, evaluating performance, and ensuring coordination between the sales, marketing, and other business functions.
This document discusses the rise of marketing metrics and their importance. It provides background on factors that have led to increased emphasis on metrics, such as demands for marketing accountability, a focus on customers, and the availability of online data. The implications of adopting a metrics-based approach to marketing are also examined, such as the need for cooperation across departments and choosing appropriate metrics given an organization's resources. Overall, the document argues that understanding marketing metrics is crucial for making strategic decisions, demonstrating value, and adapting to customers' needs in a data-driven business environment.
Think Marketing to Accelerate Shared Services or BPO GrowthDeborah Kops
The document discusses how marketing can help accelerate growth for shared services and BPO organizations. It notes that growth is important but difficult to achieve without focus and effort. Marketing promotes the brand to make shifting to a new business model safe and smart. The document outlines eight vital marketing techniques including creating a brand, engaging stakeholders before sales, developing tools and leveraging all channels. It argues that viewing stakeholders as partners and focusing sales efforts are keys to using marketing to drive scale, which moves the organization's impact needle. Marketing is about developing the right solution for buyers to adopt, not "being a salesman."
This document discusses developing marketing strategies and plans. It covers how marketing affects customer value through a value delivery process. Strategic planning is carried out at different organization levels, from corporate to business unit levels. A marketing plan should include situational analysis, objectives, strategies, implementation plans, and controls. It also discusses holistic marketing which integrates value exploration, creation, and delivery to build long-term customer relationships. Strategic planning identifies opportunities and threats in the external environment and strengths and weaknesses internally through a SWOT analysis.
Sales management involves planning, organizing, leading and controlling a sales force to achieve marketing goals. It includes defining goals, determining required activities, implementing compensation plans, providing training, establishing monitoring systems, and measuring results. Personal selling is an important element of sales management where a salesperson uses a direct, face-to-face approach to communicate with customers to influence their purchasing decisions.
In this PPT we will clear the doubts of Digital marketing, What it is?
What are its types?
Purpose of digital marketing ?
Why and how to do this marketing?
Master's program in sales management strategy final1-degree INC
This document outlines an agenda for a Master's program in sales management. The agenda covers topics such as corporate strategy fundamentals, aligning marketing strategy with sales, elements of sales strategy, and managing leading indicators. It also includes exercises where participants analyze the strategy, culture, and value propositions of their companies. Case studies and group work are utilized to help participants apply the concepts to their own organizations.
Marketing strategy is different from marketing tactics. You have to know where you want to go and you have to know what it looks like when you get there. Market research and analysis plays a vital roll in marketing strategy. The information collected aids in making the correct product, competitive, and pricing decisions while minimizing your risk of expensive incorrect decisions.
Chapter 2 Developing Marketing Strategies and Plans_Grp1dyeya04
1. Marketing strategies and plans are developed to satisfy customers' needs and deliver value at a profit.
2. A marketing plan operates at both a strategic and tactical level, with the strategic plan focusing on target markets, value propositions, and opportunities while the tactical plan specifies marketing mix elements.
3. Effective strategic planning achieves marketing's goal of customer value through managing the value chain and addressing key questions around value delivery, creation, and exploration.
Module 01 -introduction to sales management pdfDeepak Vasudeva
Sales management involves planning, organizing, leading, and controlling a firm's personal selling efforts. It includes recruiting, selecting, training, and supervising sales representatives. The role of sales management has evolved over time from a focus on individual transactions to developing long-term customer relationships. Emerging trends in sales management include greater customer orientation, new selling methods using technology, a more global focus, diversity, and relationship selling. Effective sales managers require strong communication, leadership, and relationship building skills.
The document provides an agenda for a sales management meeting covering various topics such as the functions of a sales manager, sales operations strategies, key performance indicators (KPIs), sales commission structures, sales planning, forecasting, and more. It includes definitions of sales management, the functions of a sales manager including planning, organizing, leading, and controlling. It also discusses qualitative and quantitative sales forecasting methods, moving average forecasting techniques, and the importance of sales analysis through reporting on metrics like the sales funnel and close ratio.
Digital marketing strategy for wholesale and retail businesses - EBriks Info...EBriks Infotech Pvt. Ltd.
This document outlines a digital marketing strategy and tactics. It discusses defining the target audience, goals, and tools to use including email, social media, ads and analytics. A reactive listening strategy and proactive lead generation strategy are proposed. It also provides examples of successful digital campaigns and questions to help refine the strategy and next steps.
This chapter aims to define marketing and explain its role in satisfying customers. It will contrast marketing eras from production to relationships. It will also explain the importance of avoiding narrow views of marketing and describe various non-traditional marketing approaches. Finally, it will discuss the relationship between ethical practices, social responsibility, and business success.
Chapter 1 sales management strategy sales and distribution managementNaveen singh
This document discusses key concepts in sales management strategies. It defines sales management and explains the nature and importance of sales management. Some key aspects covered include relationship-based selling, managing the sales force, steps in designing and managing a sales force, and the duties and responsibilities of a sales manager. The document also discusses problems in sales management, different sales strategies like relationship strategy and double-win strategy, and contrasts hard sell versus soft sell strategies.
This document provides an overview of Chapter 21 from the textbook "Marketing, 6/e" which covers personal selling and sales management. It discusses different types of personal selling like order taking and order getting. The stages of the personal selling process are outlined as prospecting, pre-approach, approach, presentation, close, and follow-up. Sales management tasks like setting objectives, organizing the sales force, and evaluating performance are also summarized. Examples are given of how salespeople create value and different relationship selling approaches.
Marketing Math: Key Metrics to Maximize Marketing DollarsKaren Marchetti
All of the marketing math equations you've probably heard about -- but never really understood, including:
- MARKETING PROGRAM ANALYSIS metrics: Marketing Contribution, Return on Investment (ROI), Social Media Engagement, Conversion Rates, Revenue Per Email, Revenue to Expense Ratios
- MARKETING PLANNING metrics: Budgeting formulas, Breakeven Analysis, Cost Per Acquisition (CPA)
- CUSTOMER ANALYSIS: Lifetime Value
If you're unsure about:
- The difference between Gross Revenue and Net Revenue
- How to compute Gross Profit or ROI
- Whether you're creating the most effective marketing budget
- Whether you're analyzing your marketing programs effectively
This presentation will help, and is a great resource for every marketer!
Market segmentation, positioning and value propositionRohit Kumar
This document discusses market segmentation, positioning, and value propositions. It begins by explaining target markets, positioning, and marketing strategy. It then discusses why segmentation is important and different types of segmentation approaches. The rest of the document provides details on various segmentation variables like demographics, geography, psychographics, benefits, and usage patterns that can be used to segment markets. It also discusses the STP marketing process of segmenting, targeting, and positioning a brand. The key aspects of identifying target segments, prioritizing segments, reaching segments, and effective positioning strategies are outlined.
A marketing plan is a document that contains information with the direct impact on the firm's marketing strategy that facilitates the alignment of decision makers.
Market segmentation is a marketing strategy which involves dividing a broad target market into subsets of consumers, businesses, or countries who have, or are perceived to have, common needs, interests, and priorities, and then designing and implementing strategies to target them.
Marketing is the action or business of promoting and selling products or services, including market research and advertising.
Sales management involves planning, organizing, leading, and controlling a company's sales force. The key objectives of sales management are to increase sales volume, profits, and business growth over time. Effective sales management requires motivating and developing salespeople while also setting goals, evaluating performance, and ensuring coordination between the sales, marketing, and other business functions.
This document discusses the rise of marketing metrics and their importance. It provides background on factors that have led to increased emphasis on metrics, such as demands for marketing accountability, a focus on customers, and the availability of online data. The implications of adopting a metrics-based approach to marketing are also examined, such as the need for cooperation across departments and choosing appropriate metrics given an organization's resources. Overall, the document argues that understanding marketing metrics is crucial for making strategic decisions, demonstrating value, and adapting to customers' needs in a data-driven business environment.
Think Marketing to Accelerate Shared Services or BPO GrowthDeborah Kops
The document discusses how marketing can help accelerate growth for shared services and BPO organizations. It notes that growth is important but difficult to achieve without focus and effort. Marketing promotes the brand to make shifting to a new business model safe and smart. The document outlines eight vital marketing techniques including creating a brand, engaging stakeholders before sales, developing tools and leveraging all channels. It argues that viewing stakeholders as partners and focusing sales efforts are keys to using marketing to drive scale, which moves the organization's impact needle. Marketing is about developing the right solution for buyers to adopt, not "being a salesman."
This document discusses developing marketing strategies and plans. It covers how marketing affects customer value through a value delivery process. Strategic planning is carried out at different organization levels, from corporate to business unit levels. A marketing plan should include situational analysis, objectives, strategies, implementation plans, and controls. It also discusses holistic marketing which integrates value exploration, creation, and delivery to build long-term customer relationships. Strategic planning identifies opportunities and threats in the external environment and strengths and weaknesses internally through a SWOT analysis.
Sales management involves planning, organizing, leading and controlling a sales force to achieve marketing goals. It includes defining goals, determining required activities, implementing compensation plans, providing training, establishing monitoring systems, and measuring results. Personal selling is an important element of sales management where a salesperson uses a direct, face-to-face approach to communicate with customers to influence their purchasing decisions.
In this PPT we will clear the doubts of Digital marketing, What it is?
What are its types?
Purpose of digital marketing ?
Why and how to do this marketing?
Master's program in sales management strategy final1-degree INC
This document outlines an agenda for a Master's program in sales management. The agenda covers topics such as corporate strategy fundamentals, aligning marketing strategy with sales, elements of sales strategy, and managing leading indicators. It also includes exercises where participants analyze the strategy, culture, and value propositions of their companies. Case studies and group work are utilized to help participants apply the concepts to their own organizations.
Marketing strategy is different from marketing tactics. You have to know where you want to go and you have to know what it looks like when you get there. Market research and analysis plays a vital roll in marketing strategy. The information collected aids in making the correct product, competitive, and pricing decisions while minimizing your risk of expensive incorrect decisions.
Chapter 2 Developing Marketing Strategies and Plans_Grp1dyeya04
1. Marketing strategies and plans are developed to satisfy customers' needs and deliver value at a profit.
2. A marketing plan operates at both a strategic and tactical level, with the strategic plan focusing on target markets, value propositions, and opportunities while the tactical plan specifies marketing mix elements.
3. Effective strategic planning achieves marketing's goal of customer value through managing the value chain and addressing key questions around value delivery, creation, and exploration.
Module 01 -introduction to sales management pdfDeepak Vasudeva
Sales management involves planning, organizing, leading, and controlling a firm's personal selling efforts. It includes recruiting, selecting, training, and supervising sales representatives. The role of sales management has evolved over time from a focus on individual transactions to developing long-term customer relationships. Emerging trends in sales management include greater customer orientation, new selling methods using technology, a more global focus, diversity, and relationship selling. Effective sales managers require strong communication, leadership, and relationship building skills.
The document provides an agenda for a sales management meeting covering various topics such as the functions of a sales manager, sales operations strategies, key performance indicators (KPIs), sales commission structures, sales planning, forecasting, and more. It includes definitions of sales management, the functions of a sales manager including planning, organizing, leading, and controlling. It also discusses qualitative and quantitative sales forecasting methods, moving average forecasting techniques, and the importance of sales analysis through reporting on metrics like the sales funnel and close ratio.
Digital marketing strategy for wholesale and retail businesses - EBriks Info...EBriks Infotech Pvt. Ltd.
This document outlines a digital marketing strategy and tactics. It discusses defining the target audience, goals, and tools to use including email, social media, ads and analytics. A reactive listening strategy and proactive lead generation strategy are proposed. It also provides examples of successful digital campaigns and questions to help refine the strategy and next steps.
This chapter aims to define marketing and explain its role in satisfying customers. It will contrast marketing eras from production to relationships. It will also explain the importance of avoiding narrow views of marketing and describe various non-traditional marketing approaches. Finally, it will discuss the relationship between ethical practices, social responsibility, and business success.
Chapter 1 sales management strategy sales and distribution managementNaveen singh
This document discusses key concepts in sales management strategies. It defines sales management and explains the nature and importance of sales management. Some key aspects covered include relationship-based selling, managing the sales force, steps in designing and managing a sales force, and the duties and responsibilities of a sales manager. The document also discusses problems in sales management, different sales strategies like relationship strategy and double-win strategy, and contrasts hard sell versus soft sell strategies.
This document provides an overview of Chapter 21 from the textbook "Marketing, 6/e" which covers personal selling and sales management. It discusses different types of personal selling like order taking and order getting. The stages of the personal selling process are outlined as prospecting, pre-approach, approach, presentation, close, and follow-up. Sales management tasks like setting objectives, organizing the sales force, and evaluating performance are also summarized. Examples are given of how salespeople create value and different relationship selling approaches.
Marketing Math: Key Metrics to Maximize Marketing DollarsKaren Marchetti
All of the marketing math equations you've probably heard about -- but never really understood, including:
- MARKETING PROGRAM ANALYSIS metrics: Marketing Contribution, Return on Investment (ROI), Social Media Engagement, Conversion Rates, Revenue Per Email, Revenue to Expense Ratios
- MARKETING PLANNING metrics: Budgeting formulas, Breakeven Analysis, Cost Per Acquisition (CPA)
- CUSTOMER ANALYSIS: Lifetime Value
If you're unsure about:
- The difference between Gross Revenue and Net Revenue
- How to compute Gross Profit or ROI
- Whether you're creating the most effective marketing budget
- Whether you're analyzing your marketing programs effectively
This presentation will help, and is a great resource for every marketer!
Market segmentation, positioning and value propositionRohit Kumar
This document discusses market segmentation, positioning, and value propositions. It begins by explaining target markets, positioning, and marketing strategy. It then discusses why segmentation is important and different types of segmentation approaches. The rest of the document provides details on various segmentation variables like demographics, geography, psychographics, benefits, and usage patterns that can be used to segment markets. It also discusses the STP marketing process of segmenting, targeting, and positioning a brand. The key aspects of identifying target segments, prioritizing segments, reaching segments, and effective positioning strategies are outlined.
A marketing plan is a document that contains information with the direct impact on the firm's marketing strategy that facilitates the alignment of decision makers.
Market segmentation is a marketing strategy which involves dividing a broad target market into subsets of consumers, businesses, or countries who have, or are perceived to have, common needs, interests, and priorities, and then designing and implementing strategies to target them.
Marketing is the action or business of promoting and selling products or services, including market research and advertising.
The document outlines key concepts in customer-driven marketing including:
1) Marketing creates utility for customers by making goods available when and where they are wanted through time, place, and ownership utility.
2) The marketing concept focuses on understanding customer needs and satisfying them through products and services. Customer satisfaction and loyalty contribute added value for organizations.
3) Marketing strategies involve selecting target markets and developing marketing mixes to satisfy their needs through the four Ps - product, price, place, promotion.
Brandfire 9 point Checklist for Loyalty ProgrammeEoin Graham
1. The document outlines 9 key factors to consider when planning or launching a customer loyalty program: objectives, business case, ownership, research, rewards/rules, licensing, technology, data insights, and communication strategy.
2. It emphasizes defining clear objectives, developing a strong business case, gaining organizational buy-in, understanding customers through research, creating relevant and valuable rewards, selecting appropriate technology, and communicating the program effectively.
3. The 9 factors provide a framework for planning a successful loyalty program that increases customer loyalty and generates useful customer data and insights.
The document discusses key aspects of developing a marketing strategy, including:
1. Defining target markets and understanding customer needs and competitors.
2. Setting specific, measurable marketing objectives.
3. Developing the marketing mix of product, price, place, and promotion strategies.
4. Creating a marketing budget and allocating funds across different promotional activities.
The marketing strategy provides an overall direction for a company's marketing efforts to achieve its goals.
Marketing effectiveness refers to how well marketers implement strategies to optimize spending and achieve both short-term and long-term results. There are five factors that drive marketing effectiveness: marketing strategy, creative execution, execution of marketing programs, marketing infrastructure/management, and external factors. Marketers can improve effectiveness by refining these areas without changing their overall strategy, for example through better creative content, execution of marketing campaigns, or management of marketing activities. While sometimes criticized as only focusing on short-term gains, marketing effectiveness actually aims to enhance both short and long-term results.
The document provides information on key marketing concepts including the 4 Ps of marketing (product, place, price, and promotion), the marketing process, consumer behavior, and factors influencing buying decisions. It defines marketing as getting potential customers interested in products/services through researching, promoting, selling, and distributing. The 4 Ps framework explains key elements of a marketing strategy. Consumer behavior is influenced by psychological, social, cultural, personal and economic factors. The stages of consumer buying behavior are identifying needs, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation.
The document discusses building buyer-seller relationships through relationship marketing and customer relationship management (CRM). It contrasts transactional marketing with relationship marketing, which focuses on developing long-term partnerships. Relationship marketing involves gathering customer data to enhance satisfaction, while CRM combines strategies and tools to focus the organization on satisfying customers. The document also identifies four types of business partnerships in business-to-business marketing.
This document discusses the transformation of marketing roles to focus on revenue generation. It notes that roughly 50% of B2B marketers now have direct revenue accountability. Marketers are engaging prospects earlier in the buying process and staying involved through sales and after. As their role changes, marketers need new metrics to demonstrate business impact, moving from measuring activities to measuring revenue results. The document provides examples of key revenue metrics and outlines challenges in accurately calculating marketing ROI across the entire customer lifecycle. It emphasizes the importance of alignment between marketing, sales, finance, and IT to define common definitions, processes, and key performance indicators tied to revenue.
The document provides guidance on creating an effective sales plan. It outlines key elements that should be included in a sales plan such as goals, budget, target markets, sales team structure, prospecting strategies, and tools. An effective sales plan acts as a roadmap to help achieve revenue and deal targets. It provides strategies and allocates necessary resources to carry out activities to meet sales objectives.
The Integrated Marketing Analytics Guidebook White Paper by BECKONAmanda Roberts
You have all the data in the world at your fingertips and your leadership team is waiting for strategic scorecards to come out of marketing. But what should you track, measure, report on and share? What metrics actually matter?
This document provides an overview of pricing strategies and profitology in sales. It discusses how salespeople can contribute to strategic pricing through market research, negotiations, and aligning compensation with profit. Predictive analytics and artificial intelligence are changing the science of sales by optimizing opportunities and automating tasks. The document also covers legal and ethical issues around pricing, such as price discrimination, price fixing, and predatory pricing. Finally, it describes how customer relationship management systems can help salespeople with strategic pricing through measurement and analysis of historical pricing data, customer profitability, and acquisition costs.
This document discusses business marketing communications, specifically advertising and sales promotion. It covers several key points:
1) Effective communication with customers is vital for business success. Advertising, sales promotion, and personal selling must be integrated to inform influencers about products.
2) For industrial products with technical complexity and small buyer groups, personal selling through salespeople is most important. But non-personal channels like advertising still have unique effects.
3) Companies develop integrated marketing campaigns to align communications strategies with strategic objectives, like GE's "Imagination at Work" campaign highlighting innovative technologies.
The document discusses strategies for revenue growth in the banking sector. It summarizes findings from a PwC CEO survey that banks have mixed views on industry prospects and are focusing on transforming business models and simpler products. It also outlines PwC's revenue growth proposition to help banks address internal questions around business transformation and maximizing customer value, as well as external questions around market share growth and increasing fee-based income.
The document discusses keys to building a successful demand generation platform. It covers defining demand generation and why it is important. The seminar topics are outlined which include the process, people, content, analytics and key takeaways. It emphasizes having the right organizational structure and roles to focus on customer needs throughout the buyer journey. Content strategy and measuring results are also important aspects of an effective demand generation process.
With increased competition across multiple channels, small to mid-sized retailers now more than ever must optimize every sale. Leveraging the right POS system can help retailers create distinct customer profiles with unique buyer preferences to increase sales and enable better customer service.
Chapter 10 : Creating Successful Long Term GrowthPeleZain
- The chapter discusses trends in modern marketing practices, organizing effective internal marketing, and building a socially responsible marketing department.
- Key trends include reengineering, outsourcing, benchmarking, supplier/customer partnering, merging, globalizing, flattening, focusing, accelerating, and empowering. Effective internal marketing requires all departments to identify and provide customer value.
- The marketing department must balance strategic goals with ethical and socially responsible practices to benefit customers, employees, and society.
This presentation is step by step guide to market feasibility report. How to write market feasibility report. The factors and forces affecting the market. How the market can move. How are target market and their buying behaviour.
The document discusses strategic planning for small businesses. It outlines a 4-step process: 1) reviewing goals and defining the business, 2) finding a distinctive competence by analyzing customers and benefits, 3) studying industry dynamics and trends, 4) determining the best strategic direction. Some key points include imitating competitors with a unique twist, targeting niche markets, analyzing industry life cycles, and maintaining competitive advantages through strategic and tactical actions.
Taurus Zodiac Sign: Unveiling the Traits, Dates, and Horoscope Insights of th...my Pandit
Dive into the steadfast world of the Taurus Zodiac Sign. Discover the grounded, stable, and logical nature of Taurus individuals, and explore their key personality traits, important dates, and horoscope insights. Learn how the determination and patience of the Taurus sign make them the rock-steady achievers and anchors of the zodiac.
Zodiac Signs and Food Preferences_ What Your Sign Says About Your Tastemy Pandit
Know what your zodiac sign says about your taste in food! Explore how the 12 zodiac signs influence your culinary preferences with insights from MyPandit. Dive into astrology and flavors!
IMPACT Silver is a pure silver zinc producer with over $260 million in revenue since 2008 and a large 100% owned 210km Mexico land package - 2024 catalysts includes new 14% grade zinc Plomosas mine and 20,000m of fully funded exploration drilling.
The 10 Most Influential Leaders Guiding Corporate Evolution, 2024.pdfthesiliconleaders
In the recent edition, The 10 Most Influential Leaders Guiding Corporate Evolution, 2024, The Silicon Leaders magazine gladly features Dejan Štancer, President of the Global Chamber of Business Leaders (GCBL), along with other leaders.
The Evolution and Impact of OTT Platforms: A Deep Dive into the Future of Ent...ABHILASH DUTTA
This presentation provides a thorough examination of Over-the-Top (OTT) platforms, focusing on their development and substantial influence on the entertainment industry, with a particular emphasis on the Indian market.We begin with an introduction to OTT platforms, defining them as streaming services that deliver content directly over the internet, bypassing traditional broadcast channels. These platforms offer a variety of content, including movies, TV shows, and original productions, allowing users to access content on-demand across multiple devices.The historical context covers the early days of streaming, starting with Netflix's inception in 1997 as a DVD rental service and its transition to streaming in 2007. The presentation also highlights India's television journey, from the launch of Doordarshan in 1959 to the introduction of Direct-to-Home (DTH) satellite television in 2000, which expanded viewing choices and set the stage for the rise of OTT platforms like Big Flix, Ditto TV, Sony LIV, Hotstar, and Netflix. The business models of OTT platforms are explored in detail. Subscription Video on Demand (SVOD) models, exemplified by Netflix and Amazon Prime Video, offer unlimited content access for a monthly fee. Transactional Video on Demand (TVOD) models, like iTunes and Sky Box Office, allow users to pay for individual pieces of content. Advertising-Based Video on Demand (AVOD) models, such as YouTube and Facebook Watch, provide free content supported by advertisements. Hybrid models combine elements of SVOD and AVOD, offering flexibility to cater to diverse audience preferences.
Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
At Techbox Square, in Singapore, we're not just creative web designers and developers, we're the driving force behind your brand identity. Contact us today.
Discover timeless style with the 2022 Vintage Roman Numerals Men's Ring. Crafted from premium stainless steel, this 6mm wide ring embodies elegance and durability. Perfect as a gift, it seamlessly blends classic Roman numeral detailing with modern sophistication, making it an ideal accessory for any occasion.
https://rb.gy/usj1a2
Industrial Tech SW: Category Renewal and CreationChristian Dahlen
Every industrial revolution has created a new set of categories and a new set of players.
Multiple new technologies have emerged, but Samsara and C3.ai are only two companies which have gone public so far.
Manufacturing startups constitute the largest pipeline share of unicorns and IPO candidates in the SF Bay Area, and software startups dominate in Germany.
Part 2 Deep Dive: Navigating the 2024 Slowdownjeffkluth1
Introduction
The global retail industry has weathered numerous storms, with the financial crisis of 2008 serving as a poignant reminder of the sector's resilience and adaptability. However, as we navigate the complex landscape of 2024, retailers face a unique set of challenges that demand innovative strategies and a fundamental shift in mindset. This white paper contrasts the impact of the 2008 recession on the retail sector with the current headwinds retailers are grappling with, while offering a comprehensive roadmap for success in this new paradigm.
2. Chapter-1
IntegratedMarketingCommunication
inChangingEconomicOrder
• Political factors and environment of a country
impacts any business organization and can also
introduce a risk factor can cause the business to
suffer losses or compromise over its profit stream.
• Political environment can change because of the
policies and actions of the prevailing government at
every level, federal to local level. It is very important
that a business should plan for the variability in the
policies and regulations of the government to
maintain a stable business environment.
2
3. IntegratedMarketing
Communication
• To stay in business, every business needs to convert
prospects to closed sales. How a company markets to
potential customers is a marketing strategy.
• A company may have more than one strategy in place
at any given time, using various marketing platforms -
- including networking, digital media and traditional
print advertising.
• Plan your marketing strategies so that you can
evaluate the successful campaigns and build upon
them, while adjusting or stopping unsuccessful ones.
3
4. Market Segmentation
• A market segment is a subgroup of people or
organizations that have one or more characteristics in
common that cause them to have the same product
needs.
• The main reason companies divide markets into
identifiable groups is so that the marketing team can
create a custom marketing mix for the specific group.
• For example, Farmer Joseph realized early on that not
everyone would purchase his expensive organic
produce. He did not want to exhaust his financial
budget by advertising to the masses. Instead, he
identified his target market and created a specific
marketing plan to communicate effectively with his
prime customers.
4
5. PurposeofMarketSegment
• The main reason an organization uses
market targeting is to give more power to
its brand.
• Organizations also use these methods
when they want to get an idea of how
much of something they will sell.
• Estimates related to sales sometimes are
necessary in order for a business to get
initial financing from banks or investors .
5
6. Importance of Market
Segmentation
• Market segmentation is the process of dividing a
broad consumer or business market, normally
consisting of existing and potential customers, into
sub-groups of consumers (known as segments)
based on some type of shared characteristics.
• In dividing or segmenting markets, researchers
typically look for common characteristics such as
shared needs, common interests, similar lifestyles or
even similar demographic profiles.
• The overall aim of segmentation is to identify high
yield segments – that is, those segments that are
likely to be the most profitable or that have growth
potential – so that these can be selected for special
attention
6
7. EffectiveBranding
• Effective branding is one of the cornerstones of
any viable marketing strategy, and if you have an
interest in growing your business, it is one of the
most important parts of your business plan.
• Effective branding creates an enduring perception
in the minds of your customers and distinguishes
you from your competitors. An investment in
branding can pay off in several ways.
7
8. Importanceofeffectivebrand
• Effective branding creates an enduring perception in
the minds of your customers and distinguishes you
from your competitors. An investment in branding
can pay off in several ways.
• Increase mind share
• Build loyalty
• Benefit from referrals
• Command a premium price
• Lower your marketing cost in the long run
8
9. Integrated digital marketing
• Integrated digital marketing is, as it sounds, the integration of
multiple marketing strategies to form a cohesive online approach
for your business. Here’s what it typically entails:
• web development and design
• search engine optimization (SEO) and search engine marketing
(SEM)
• content marketing
• social media marketing
• local listings management
• paid advertising (or pay-per-click advertising) campaigns
• The idea behind integrated digital marketing is that, while each
individual strategy doesn’t have a huge impact on its own, when
used in conjunction, you can create a more influential online
presence.
9
10. Digitalmarketingstrategy
• Digital marketing strategy is challenging
even for large enterprise organizations
because what works changes frequently.
• Google algorithm updates, declining
Twitter engagement, shifts in
demographics across digital networks, new
phones with ad blockers are just a few of
the many recent changes that impact the
success of your marketing efforts.
10
11. How digital marketing strategies
have changed marketing forever
• digital marketing wrought 5 strategic changes you can
no longer ignore even if you only use traditional
marketing tactics, which begs the question: WHY are
you still using traditional marketing tactics alone?
• The 5 changes are:
• Ads can’t be ads
• Customer service is always on
• Traditional advertising, especially when used alone, is
D-E-A-D
• Because marketing costs are substantially lower in
digital, the playing field is more level
• Emerging pay-to-play models mean digital advertising
is no longer free
11
12. AdvantagesofPayPerClick
Advertising
• Pay only for results (clicks)
• Ability to select where your ads will be shown, giving a
better chance to reach target audiences
• Can generate immediate visibility, as ads go live
immediately
• Ads can be easily modified, adjusted even deleted
instantaneously depending on the results
• Allows for quick, easy tracking of the effectiveness of
the campaign allowing you to better analyze the return
on your investments (ROI)
12
13. Chapter-2
CustomerRelationshipManagement
• Political factors and environment of a country
impacts any business organization and can also
introduce a risk factor can cause the business to
suffer losses or compromise over its profit stream.
• Political environment can change because of the
policies and actions of the prevailing government at
every level, federal to local level. It is very important
that a business should plan for the variability in the
policies and regulations of the government to
maintain a stable business environment.
13
14. Effect on customer satisfaction
• Customer satisfaction has important implications
for the economic performance of firms because
it has the ability to increase customer loyalty and
usage behavior and reduce customer complaints
and the likelihood of customer defection.
• The implementation of a CRM approach is likely
to have an effect on customer satisfaction and
customer knowledge for a variety of different
reasons.
• CRM applications also enable firms to provide
timely, accurate processing of customer orders
and requests and the ongoing management of
customer accounts.
14
15. Customerbenefits
• The real or perceived value that a customer
experiences or believes he is receiving
through interaction with a company.
• Benefits may include resolution of a
problem, achievement of a desired
outcome or fulfillment of a need through a
purchase; a feeling of confidence following
purchase; or satisfaction with post-
purchase service.
15
16. Relationship marketing
• Relationship marketing is a facet of
customer relationship management (CRM)
that focuses on customer loyalty and long-
term customer engagement rather than
shorter-term goals like customer acquisition
and individual sales.
• The goal of relationship marketing (or
customer relationship marketing) is to
create strong, even emotional, customer
connections to a brand that can lead to
ongoing business, free word-of-mouth
promotion and information from customers
that can generate leads.
16
17. WhyRelationshipMarketing?
• Relationship marketing is all about emotion.
Customers should feel engaged with you, as if you
are sharing your business story with them.
• You want to create an emotional connection with
this customer.
• This boosts loyalty and makes it tougher for them
to leave you for another brand. Think about some
of the emails you receive from your favorite
companies.
17
18. Benefits of Relationship Marketing
• Long-term customers tend to be less inclined
to switch, and also tend to be less price
sensitive.
• Long-term customers may initiate free word
of mouth promotions and referrals.
• Long-term customers are more likely to
purchase related products from you.
• Regular customers tend to be less expensive
to service and tend to be consistent in their
purchase habits.
• Increased customer loyalty makes
employees' jobs easier and more satisfying.
18
19. Campaignmanagement
• Campaign management implements public
relations, product development, and sales to
create, execute, monitor, and measure marketing
programs directed at specifically target audiences.
• The potential demand for products and services is
estimated and the most cost effective and efficient
means of reaching consumers is determined.
Campaign management involves developing a
pricing as well as a sales strategy to maximize
profits.
19
20. Sales
• A sale is a transaction between two parties where
the buyer receives goods (tangible or intangible),
services, and/or assets in exchange for money.
• It can also refer to an agreement between a
buyer and seller on the price of a security. A sale
functions as a contract between the buyer and
seller of the selected good or service.
• A sale dictates that, in exchange for a certain
amount of money or particular assets, the seller
provides the buyer with aforementioned good or
service.
• In order to complete a sale, both parties must be
deemed competent and be in agreement
regarding the terms as set forth.
20
21. Territorymanagement
• Territory management is an account sharing system
that grants access to accounts based on the
characteristics of the accounts.
• It enables your company to structure your
Salesforce data and users the same way you
structure your sales territories.
• A territory is a flexible collection of accounts and
users where the users have at least read access to
the accounts, regardless of who owns the account.
21
22. B2Bmarketing
• B2B (business-to-business) marketing is
marketing of products to businesses or
other organizations for use in
production of goods, for use in general
business operations (such as office
supplies), such as a wholesaler selling
to a retailer.
22
23. Difference from Consumer Market
1. Fewer customers - There are about
316,000,000 potential individual consumers in
the U.S. alone. The number of businesses in
comparison is much lower.
2. Derivative demand - A significant amount of
business demand is derivative of consumer
demand. This may not affect the retailer much,
but it hurts the traditional publishing industry.
3. Complex Transactions - The products and
buying process are often more complicated.
The products purchased are often very complex
and expensive, like manufacturing equipment,
and sometimes even custom made.
23
24. Chapter-3
InternationalMarketingin
changingEconomicEnvironment
• The international economic environment can
be described as the global factors that are
outside of the control of individual
organizations. These factors include
unemployment rates, inflation rates, and
labor costs.
• External factors found in the macroeconomic
environment can also affect organizations'
decision-making and performance activities.
24
25. BusinessCycle
• The business cycle describes the rise and fall
in production output of goods and services in
an economy.
• Business cycles are generally measured using
rise and fall in real – inflation-adjusted – gross
domestic product (GDP), which includes
output from the household the government
sector, as well as business output.
25
26. Stages of business cycle
• The four stages consist of:
• Peak/boom
• Contraction/slump
• Recession
• Expansion
26
27. GlobalMarketing
Environment
• Global marketing involve the performance of
activities designed to plan, price, promote and
direct to flow of an organization’s offerings in
more than one country for a profit.
• It is useful to classify these forces into 2
categories:
• Microenvironment
• Macroenvironment
27
28. Marketing Mix Politics - How Do Government Influence the
Four P’s
• Product - Local Content Law
• Price - Government Approval for
Price Changes
• Promotion - Permissible Budget
Determined by Local Authorities
• Place - Mandated Distribution
Channel or Territory
28
29. TheDecisiontoGlobal
• To Gain access to new buyers
• To spread business risk across a wider
market base.
• To capitalize on an organization’s
distinctive competencies and capabilities.
• To achieve lower costs and enhance an
organization’s competitiveness.
29
32. Domesticmarketing
• A domestic market, also referred to as
an internal market or domestic trading, is the
supply and demand of goods, services, and
securities within a single country.
• In domestic trading, a firm faces only one set
of competitive, economic, and market issues
and essentially must deal with only one set of
customers, although the company may have
several segments in a market.
32
33. Difference between Domestic Marketing and International Marketing
Domestic Marketing
• Domestic marketing is actually the selling of a
company’s items in financial market of the country
or we can say that company sell items locally.
• It manages with one consumer, one competition
and less economic issues which make it more
helpful to do. There are no language obstruction
and getting and interpreting information on local
promoting patterns and demand of consumers is
simpler and quicker to do.
• It offers the organization some assistance with
making decisions and makes strategies related to
marketing that are more compelling and proficient.
International Marketing
• International marketing is actually the selling and
promotion of a company’s items to consumers in
distinctive nations.
• It is extremely complex and requires a tremendous
amount of financial resources. Each nation has its
own particular laws related to business and an
organization that goes for going into business in
another nation should first think about them.
• Customer’s preferences and tastes might likewise
vary so strategies related to marketing must be
figured to take into account the requirements of
diverse buyers.
33
34. Chapter-4
Strategic Marketing
• Political factors and environment of a country
impacts any business organization and can also
introduce a risk factor can cause the business to
suffer losses or compromise over its profit stream.
• Political environment can change because of the
policies and actions of the prevailing government at
every level, federal to local level. It is very important
that a business should plan for the variability in the
policies and regulations of the government to
maintain a stable business environment.
34
35. Strategicmarketing
planning
• To stay in business, every business needs to convert
prospects to closed sales. How a company markets to
potential customers is a marketing strategy.
• A company may have more than one strategy in place
at any given time, using various marketing platforms -
- including networking, digital media and traditional
print advertising.
• Plan your marketing strategies so that you can
evaluate the successful campaigns and build upon
them, while adjusting or stopping unsuccessful ones.
35
36. Situation Analysis
• Before you can develop a plan, you need to
determine exactly where your business
currently sits.
• Perhaps your company is meeting revenue
goals but wants to scale up or move into
new markets.
• If you aren't meeting goals, take an honest
assessment of why. No marketing plan can
change things if your sales team is
unmotivated or untrained.
36
37. WhyStrategic
Management?
• Strategic management provides the route map for
the firm. It lends a framework, which can ensure
that decisions concerning the future are taken in a
systematic and purposeful way.
• Strategic management also serves as a hedge
against uncertainty, a hedge against totally
unexpected developments on the business
horizon. It lends a frame of reference for
investment decisions. It aids the concentration of
resources on vital areas of best potential.
37
38. Growth strategies
• Growth of a business is critical for business success.
A firm may grow by developing the market or by
developing new products.
• The Ansoff product market growth matrix illustrates
the two broad dimensions for achieving growth. The
Ansoff matrix identifies four specific growth
strategies:
• market penetration
• product development
• market development
• Diversification.
38
39. Horizontalintegration
• A horizontal integration strategy may be
indicated in fast changing work environments
as well as providing a broad knowledge base
for the business and employees.
• A benefit of horizontal diversification is that it
is an open platform for a business to expand
and build away from the already existing
market.
39
40. Vertical integration
• Vertical integration is when business is expanded
through the vertical production line on one
business.
• An example of a vertically integrated business
could be Apple. Apple owns all their own software,
hardware, designs and operating systems instead
of relying on other businesses to supply these.
• By having a highly vertically integrated business
this creates different economies therefore creating
a positive performance for the business.
• Vertical integration is seen as a business controlling
the inputs of supplies and outputs of products as
well as the distribution of the final product.
40
41. Currentscenario
• The scenario analysis necessary to the development of a
user centered tool was carried out mainly through two
different means.
• On one hand, a focused literature analysis, aiming to
better understand the issues related to operative hospitals
and their design process and also to deepen the different
facets of the sustainability concept.
• On the other hand, on field studies, conducted by visiting
some of the most innovative and modern hospitals in Italy
and Europe and through comprehensive meetings with
scholars and designers who already tackled the issue of
sustainability in healthcare.
41
42. Stakeholders Analysis
• Considering the extremely delicate role covered
by the healthcare structures both within local
communities and wider society in general, the
number and variety of stakeholders who could
claim an interest in the Sustainable Healthcare
project is noteworthy.
• Such stakeholders range from interest groups
who directly interact with hospitals on a daily
basis, such as employees, patients, visitors,
suppliers of goods and services, to those who
find themselves to interact indirectly but
continuously with hospitals, being located next
to these structures, as the local communities.
42
43. TargetMarket
• Companies can become successful by identifying
themselves with a particular target group. This
focus should not be limited only to demographic
segmentation (i.e., age, income, education,
gender, income, family life-cycle, culture) but also
by psychographic indicators.
• For example, by understanding the values,
attitudes, opinions, and lifestyles of a company’s
customers, the organization can better provide
ways in which to meet its customers’ needs.
43