Tuesday, October 22, 2013

The Do's And Do Not's Of Marketing

By Maryl Joop


All businesses that are still in operation know that marketing is an essential key to their success. Without their abilities to market their goods, products, and services, these businesses would have gone out of business a long time ago.

But as all business people know, the intricacies of business are far more elaborate and difficult to perform than simply sell, expand and make money. No, unfortunately there are other actions that a company must make in order to see the growth and success they desire.

There are several ways to go about building an industrial marketing strategy that will work to promote the products or services of a business, but the following few tips on how to appropriately build a marketing strategy should be helpful for those startup companies that have little to no knowledge of how to develop and implement a marketing campaign.

But far too often, this key component of marketing is seen more as the little brother or helpful aid to the larger picture of sales. And in all honesty that may be the extent of marketing-a way to drive sales.

There are many various lists of the do's and do not's of marketing, but at least the most basic ideas and principles to adhere to or shy away from can be derived from looking at a few of the lists that others have published. Only a few of the most basic do and do not's of industrial marketing will appear here.

Once these key features to a marketing strategy have been developed and organized, a startup company will have built for themselves a framework or skeleton outline of what the rest of their marketing strategy can be.

By taking the time to perform all the necessary steps to proficiently construct and plan out the above staples of a marketing strategy, a startup company will be able to build a more elaborate or effectively specific marketing strategy from the foundational strategy they have compiled.

Too often the investment of a marketing campaign for a business is directed at a particular product or service. While these marketing spots can help a company sell more of that particular product or service, which in many cases is just fine by the company spending the money on the advertisements, these product specific ads do little for the company as a whole.

While performing their marketing research, a startup company will want to ask questions such as who is the target market, how big is that market, and what avenues could be pursued to expand the target market in the future?

With a wider scope on their marketing campaigns, a company can use their investment in marketing to not only drive sales of specific items but to incorporate their marketing strategy into the system of sales and expansion that will form the upward spiral of success that all companies are searching for.




About the Author:



No comments:

Post a Comment

BlockAdz