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Banking & Investment - Marketing
Thursday, 27 August 2009
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Marketing Plan Tips
Page 2

MARKETING PLAN TIPS



What will your target market?
What marketing strategies are best suited to the desires? 
What partnership is trying to achieve the objectives?
What type of agreement / contract will be signed with the partners?

A marketing plan may contain products based or service oriented points of views. Develop a marketing plan, once you have all information on the enterprise, is to identify a target market, to which direct its efforts.  


Motivational Strategies
Should you take into account in designing the plan, working for a customer away just 200 km, implies a 20% operating costs in more.  This should not inhibit the marketing of products / services to the outside the state or region, but simply to serve properly appraise the costs and revenues of the operation.
The motivation behind this choice of marketing is critical to understand the strategy.
 
Products Oriented Strategies
The company produces a product / service and unique niche.  It has enough buyers in the geographic area most closely, and must therefore seek customers in other geographical areas more wealthy  far-away.

In this case the strategy is to identify the location of target customers of that product, such as shoes made entirely hand.  Working alone, craftwork can count on producing  limited", so to grow and increase profits, will action on higher prices, giving very high costs to its  creations. 

The product will therefore seek to customers very demanding, with significant economic prospective, willing to wait a long time (from the first test to the implementation) to take possession of the property.

These customers, who love products, exclusive and unique, are very  probably to be found primarily in the
United States, Japan, European and Arabian countries. The entrepreneur can get to them through the Internet, with  creation of a website explaining the quality of the product and, above all,  its exclusivity and originality.

Another strategy may be to participate in trade missions in  these countries in response to other "exclusive" production craftsmanship and artistic interest. Still, it could seek an exclusive agent in those countries, leading  its product directly to potential customers.

The company sells a product for its individuality is more appreciated in other realities.
This possibility may occur, for example, with natural products or biological, where are the major markets of northern
Europe, compared to  south. For example, the marketing of clothing in Natural hemp certainly a great market potential in these countries. The product combines style specific of clothing and  attention to the environment and health, to which buyers Scandinavian Dutch, German, etc..  are more sensitive. 


Services Oriented Strategies
The company offers a catering service. He wants to increase  its local customers and at the same time provide a catering service  extended throughout the province.

In this case, the market splits into two paths  different. 


Increase the number of customers served directly in the Local Refreshments means promoting its image through a  wide range of media and communication by word of mouth  classic, the creation of promotional materials, organization of  events, sponsorship initiatives, inclusion within  circuits / networks / associations / restaurant guides.


To promote the catering service, you must identify all potential users associations, cultural associations, villas and  residences that host banquets, trade shows, local festivals, etc..


Some Other Terms
Marketed in this country means to know through what  channels these products are sold in individual countries - large chains,  shops, small clothing stores exclusively, catalog, in areas  confidential inside shops that sell other products as "green."


Once you find the objective may choose to make direct in contact with the agents / wholesalers who manage these channels  distribution, or directly with retailers franchisees, or  again, organizing a system of direct sales via the Internet.




The examples provided are only a small selection of  variety of cases.  For each firm and each market changes  completely the possibility of marketing, so each  must know their
resources and apply their creativity to  project to market that is trying to achieve.  

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Last Updated ( Thursday, 27 August 2009 )
 


 

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