Sunday, June 15, 2008

Planning





  • Plan Ahead for Stronger Marketing



One of the most important elements in increasing sales is to develop a strategy and implement it. You want something that sets you apart from others, not something that everyone else has tried. Although the marketing strategy of others may indeed work, if it is overused, at some point it will no longer have any effect.
For that reason, you need to develop a strategy that will set you apart from your competitors. You want something that is innovative and has not been tried by everyone else in the market. That does not mean the old strategies no longer work, but you want to develop something new so that you will draw in new customers in a new and different way.
Not only do you need to develop a strategy that sets you apart from others, you also want to implement the strategy at the right time. Although it may appear that, any time is the right time to implement your strategy that may not be the case. For example, if the customer you are looking to approach is currently in the middle of a financial crisis or is approaching the end of their fiscal year, the time may not be right no matter how innovative your strategy may be.
Your marketing strategy must be flexible enough to accommodate customers who are not yet in the market to buy but may be in the near future. For these customers you can use your strategy but not any kind of pressure or coaxing to buy “before prices increase.”
A dynamic market strategy means you continue to find new ways to improve products for your customers.
You have to be willing to move forward into new technology or your competitors are going to be ahead of you. Listen to your customers and what they want so that you can take those requests back to the production department or present them at a meeting with management.
Your marketing strategy has to go beyond simply selling a product or service; it must meet the demands of your customers if you are going to continue a relationship with that customer. Failing to meet the demands of your customers may create just the right environment for someone else to meet the needs of that customer.
Always look to the future when you build your marketing strategy. New things arrive all of the time, and you must be able to accommodate your customers. If your company is going to survive, they must be willing to be one step ahead of the competition. Do not think that your customers are going to remain loyal to you—they will only do that as long as you meet their needs and keep up with changing trends.
Katie Marcus writes about the color printing industry and technologies that benefit the marketing plans of various businesses.


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