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Why Cooperative Marketing

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University of Minnesota Center for Spirituality and Healing ... Minnesota Twins. Minnesota Vikings. Camp Heartland. Border to Border - Poweraid and Hoigaards ... – PowerPoint PPT presentation

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Title: Why Cooperative Marketing


1
Why Cooperative Marketing
  • Fairview is a community based health care
    organization.
  • You can accomplish so much more through
    collaboration and teamwork.
  • Fairviews culture encourages partnerships.

2
Fairviews Mission
  • Fairview's mission is to improve the health of
    the communities we serve. We commit our skills
    and resources to the benefit of the whole person
    by providing the finest in health care, while
    addressing the physical, emotional and spiritual
    needs of individuals and their families. We
    further pledge to support the research and
    education efforts of our partner, the University
    of Minnesota, and its tradition of excellence.

3
How Should the Cooperative Relationshipbe
Developed?
  • Open, honest dialogue.
  • Be very clear about benefits desired by the
    partners, ie. name visibility, new
    customers, increased traffic, referrals,
    credibility, etc,
  • Identify, acknowledge and respect each others
    strengths.
  • Establish clear objectives.

4
Key Ingredients for Success
  • Select the right partner(s)
  • Similar or compatible missions
  • Similar corporate values
  • Compatible community image
  • Both parties have the same definition of good
    taste
  • Develop clear goals and expectations
  • Realistic
  • Achievable
  • Measurable
  • Easily understood
  • Communicated
  • Create a win/win situation for each party
  • Shared visibility and credit

5
Measurement of Success
  • Decide ahead of time the criteria for success -
    probably will be different for each partner.
  • Decide appropriate measurement techniques.
  • Agree on the length of time required before
    measuring success.

6
Cooperative Marketing through Strategic
Partnerships Planning
  • University of Minnesota Academic Health Center
  • University of Minnesota Cancer Center
  • University of Minnesota Center for Spirituality
    and Healing
  • PreferredOne
  • WCCO - AM Radio
  • Kool 108 and KDWB - Culligan and Old Home Foods
  • Midwest Coca Cola Bottling and Coca Cola, Inc.
  • Lunds Food Holding Inc.
  • Half Priced Books
  • Minnesota Twins
  • Minnesota Vikings
  • Camp Heartland
  • Border to Border - Poweraid and Hoigaards
  • Minneapolis Park and Recreation Board
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