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Mapping Marketing Essentials: The

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Mapping Marketing Essentials: The Four P s and You Product, Price, Promotion, Place (and Partners): What s your take on them, as they apply to Gemini, KPL ... – PowerPoint PPT presentation

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Title: Mapping Marketing Essentials: The


1
Mapping Marketing Essentials The Four Ps and
You
  • Product, Price, Promotion, Place (and Partners)
    Whats your take on them, as they apply to
    Gemini, KPL GEM?
  • Collecting your three questions and using them to
    unpack the article just a little further..

2
Mapping Marketing Essentials
  • Using Dynamic Questioning and Catalytic
    Checklists to Create a Marketing Plan.

3
Mapping Marketing Essentials Knowing Thyself
  • Whats the core concept and strategy for
    professional marketing?
  • From, Rainmaking The Professional Guide to
    Attracting New Clients, You must sell yourself
    to sell your firm..

4
Mapping Marketing Essentials Knowing Thyself
  • Have you written down your sales history and
    forecasts for 3 years backward and forward?
  • What is your market share () relative to
  • Your existing customer base?
  • Your industry?
  • Your major competitors?

5
Mapping Marketing Essentials Knowing Others
  • Have you ever tried doing a SWOT analysis on your
    competitors?

6
Mapping Marketing Essentials Knowing Others-The
Competition
  • What are their strengths? What are their
    weakenesses? What do they do differently from
    you? What do they say about you (s -s)?
    When do they shine, and when dont they?
  • The Art of War - Sun Tzu, said ..

7
Mapping Marketing Essentials Defining the Market
  • What is its Total Size in ?
  • What are its Geographic Zones?
  • What are its Temporal Concentrations?
  • Is the market limited by your resources?
  • Are their competitive challenges that restrict
    your market?

8
Mapping Marketing Essentials Defining the Market
  • Should the market for your services be segmented
    by - technical expertise, financial restrictions,
    geographic location, temporal zones, limitations
    of your resources , competitive challenges?
  • Should a specific marketing strategy be developed
    by segment?

9
Mapping Marketing Essentials Defining the Market
  • Knowing Others - The Clients Politics
  • DO YOU UNDERSTAND
  • 1. The Formal Roles in the Buying Process?
  • 2. The Clients Adaptability to Change?
  • 3. Your Status with the Key Players?

10
Mapping Marketing Essentials
11
Mapping Marketing Essentials Defining the Market
  • What are the reasons that customers buy from you?
    How often do you review/rank them? What
    underlying (unstated) client needs are satisfied
    by your services?
  • How does management both monitor and adjust to
    significant changes in its client base? Are you
    anticipating any?

12
Mapping Marketing Essentials Defining the Market
  • What are the social, behavioral, financial,
    technical characteristics of your companys
    client base and target markets?
  • Who to contact? How do you contact them?
  • Why/when do they buy from you?
  • Can the purchaser be characterized?
  • Who left you, why?
  • What do others say about you, s -s?

13
Mapping Marketing Essentials Your Strategic Plan
  • Comparative Pricing Methods?
  • Quality/Value and Expertise Methods?
  • PR , Promotional and Networking Methods?
  • Advertising Methods?
  • Direct Sales Methods?
  • Bid/Tender Methods?
  • Relative to the competition how will you market
    your services?

14
Mapping Marketing Essentials Your Strategic Plan
  • How do you plan on capitalizing on your
    competitors weaknesses? How will you meet the
    challenges represented by your competitors
    strengths?
  • Are there any breakthroughs in technology,
    expertise, financial human resources, and sales
    initiatives that you anticipate the competitors
    will launch into the market?

15
Mapping Marketing Essentials Your Strategic Plan
  • Have you done a Gap Analysis of your
    market/clients/competitors?
  • Do you have a research development program in
    place?
  • Is your MIA effectively deployed?
  • Do you have a designated person and procedure for
    implementing your opportunity assessment
    intiative?

16
Mapping Marketing Essentials Opportunity
Assessment
  • Is there an opportunity?
  • Does the client have a compelling event?
  • Can we compete?
  • What unique business value will we offer the
    client?
  • Can we win?
  • Is it worth winning?

17
Mapping Marketing Essentials Knowing Showing
Thyself
  • It needs to be both outer inner.
  • Mission/Vision?
  • Logo/Slogan/Brand?
  • Glossy Brochures?
  • Newsletters?
  • A www.internet E-presence ?
  • What have you done to create and perpetuate an
    image, identity and brand for your company?

18
Mapping Marketing Essentials Planning to Plan
  • Is there any value in not planning?
  • Who in your company is responsible for the
    creation, development and revision of your
    marketing plan? Is it written? How often is it
    revised?
  • What is your company going into the corporate
    jungle with - a machete or a map?

19
Mapping Marketing Essentials Creativity
Marketing
  • How can you use creativity stimulation techniques
    and the creative problem-solving process to
    enrich your marketing plan and its
    implementation?

20
Mapping Marketing Essentials Creativity
Change-A Preview
  • And one ought to consider that there is nothing
    more difficult to pull off, more chancy to
    succeed in, or more dangerous to manage, than the
    introduction of a new order of things
    (Machiavelli, The Prince)
  • The real voyage of discovery consists not in
    seeking new landscapes, but in having new eyes
    (Marcel Proust)
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