Tuesday, 11 October 2011

Marketing strategy

Target to Market
Marketing Strategy is a process which help to an organization to make a successful plan to increase sales and achieve a sustainable competitive advantage.

Marketing strategy is a strategic decision making to make profit, increasing productivity so organization can meet its target.

A marketing strategy allows an organization to concentrate its limited resources on the greatest opportunities to increase sales and its competitive advantage. Often companies will spend a ton of money on promotional activities that don't get results. Instead take a closer look at your product, packaging and pricing; your customer; and what makes your company stand out. When you are clear and confident on your offerings, you can spend less on your marketing strategy and achieve better results.
 


Marketing scope strategy:-

Serving the entire spectrum of the market by selling differentiate product to different segment in the market.

Product positioning strategy:-

Placing a brand in that part of market where it will have a favorable reception compared with competing brand.

You need a simplified, marketing strategy with results that pay.

What you need isn’t just someone — you need a partner who can immediately understand the challenges you face and work right alongside you to make sure the results you need happen fast. We specialize in helping business owners like you:
  • Find the same customer data and market research that big corporations use to grow their business and apply it to yours in easy-to-understand ways
  • Use that same data to instantly target and attract clients who are ready to buy your products or services right now
  • Discover low-cost, low-risk marketing strategies that drive measurable returns on your investment without the need for costly traditional marketing or advertising
  • Build an unshakeable business presence that positions your products or services as the ultimate authority
  • Position you neck-and-neck with your competitors and even blow them out of the water, no matter how big they are or how long they’ve been in business.

 








Thursday, 22 September 2011

Meaning of marketing


·       Marketing is an organizational function and a set of process for creating, communicating, and delivering value to customer and for managing customer relationship in ways that benefit the organization and its stake holders.
·       Marketing means creating desire in the mind of the customer to avail the product and also creating more and more customer along with product demand.
·       Today market is not only creating demand for a product but to avail the product into each corner of the market.
·       A marketer should Market a product in such type of way if a customer need product so, that names comes first into their  mind.

·       In today’s competitive world the duty of a marketer is not only delivering the product but also create such network so that within half an hour he’ll be available to retailer or wholesalers at any cost.
·       Marketing can be anything it can be of Goods, services, Events, Enterprises, Persons, Place, Properties, Organizations, Information, Ideas and so on.
·       We can’t market such product which is necessity goods and stand alone in the market and also has not substitute in the market.



How marketing helps:-
Increase the demand of product/Services in the market.
 Helps in Increase Company’s revenue in the market.
Helps in Increase no. of customers.
Strengthen to a product.
Helps to know customer behavior



·       "A company never makes a brand popular but a brand makes a company popular."

·       "A product is not known by a Company but a company is known by a product."