Door to Door Marketing Strategy | Door to Door Marketing Plan | Retail Marketing firm Bhugaon Pune

Retail Marketing firm Bhugaon Pune

Fulcrum Marketing is a strategic Retail Marketing firm Bhugaon Pune. Our team of marketing consultants also specialise in marketing planning and Retail Marketing for all types of business of any size.

MARKETING STRATEGY

Effective marketing organisations must be driven through sound business strategy. Fulcrum produce marketing strategy that is always well embodied by your business strategy.

The best marketing strategy does not start with creative, it starts with a marketing process.

The Fulcrum Marketing Strategy Development Process is a thorough problem solving and marketing strategy development program that focusses on solving your growth challenges and maximising the return from your company’s marketing operations.

Indentifying key sources of growth, challenging the current business operations and identifying key growth creating activities are crucial for businesses which want to grow.

The process looks at your whole business with the aim to maximise the potential by focussing on:

  • reviewing your market conditions
  • reviewing your current market challenges and capabilities
  • identifying and maximising competitive advantage
  • creating and amplifying market positioning
  • developing new revenue sources
  • maximising market communication techniques

Business-to-Business Marketing Strategies

What do business professionals think about marketing in the business-to-business (B2B) environment? We examined survey results and reports* that compiled data on the topic, and created a list of eight B2B marketing strategies commonly recognised as successful regardless of industry.

  • Referral Programs
  • Word of Mouth Plus
  • Trade Shows
  • Online Advertising
  • Remarketing
  • Search Engine Optimisation (SEO)
  • Content Marketing
  • Inbound Marketing

Making Marketing Plans Happen

A marketing plan is paramount for achieving business growth. The purpose of a marketing plan is to assess the current market position of your business and develop marketing strategies and actions to undertake to meet your business objectives. Putting together a strategic plan that develops your business around your competitive advantage, and ensures that you are in a position to take advantage of your strengths, is a key to continued business prosperity. Of course, once you have the plan, making it work is the next step.

 

SALES METHODOLOGIES

Personal selling is a promotional method in which one party uses skills and techniques for building personal relationships with another party that results in both parties obtaining value. Personal selling occurs whenever an individual salesperson sells a product, service or solution to a client.

AIDA Method

AIDA is an acronym that stands for Attention, Interest, Desire and Action. This is a method that looks at the steps a client will undertake from when they first becomes aware of the product or service, to when they are making a purchase decision.

Attention – Get the other person’s interest
Interest – Spark their curiosity
Desire – Create the need
Action – Get them to commit to something

Need satisfaction

The need satisfaction technique is a question and answer technique to make the client to recognise the need for your offering. This then leads to the client agreeing that they have a need to be fulfilled, which leads to you showing them how your offer can satisfy their needs. This method is based on a win-win approach for both the sales person and the client.

Depth Theory

Depth Theory is when a creation of trust occurs between the buyer and seller. The seller uses expertise in their product, service or industry to create trust between themselves and the buyer. The client will see the salesperson as an expert in that area and will trust them to solve the issues that they have.

 Step process

The 7 step process is a plan of action that starts at the planning and preparation to make the sale and leads to after sale follow ups. The 7 steps are:
1.   Planning and preparation
2.   Introduction or opening
3.   Questioning
4.   Presentation
5.   Overcoming objections/negotiating
6.   Closing
7.   After-sales follow-up

communication and Retail Marketing management

Effective communication and advertising management is important to not only correctly identify a target audience, but also to reach this audience efficiently through different information channels. There are many benefits of successfully managing these marketing communications, including, but not limited to:

Implementing a Retail Marketing Strategy

 

Implementing a Marketing Strategy Execution Plan, known to Fulcrum and our clients as a “Sprint Plan” is the most effective way to prevent this highway-less journey , Retail Marketing firm Bhugaon Pune. A Marketing Strategy is a set of strategic goal-focused plans for a certain period of time.

Retail Marketing Strategy and Planning

Implement your marketing plan

Your marketing plan must do more than just say what you want to happen. It must describe each step required to make sure that it happens.

Schedule
The plan should include a schedule of key tasks. This sets out what will be done, and by when. Refer to the schedule as often as possible to avoid losing sight of your objectives under the daily workload.
Team And Resources
It should also assess what resources you need. For example, you might need to think about what brochures you need, and whether they need to be available for distribution. You might also need to look at how much time it takes to sell to customers and whether you have enough salespeople.
Cost
The cost of everything in the plan needs to be included in a budget. If your finances are limited, your plan will need to take that into account. Don’t spread your marketing activities too thinly – it is better to concentrate your resources to make the most of your budget. You may also want to link your marketing budget to your sales forecast.
Control
As well as setting out the schedule, the plan needs to say how it will be controlled. You need an individual who takes responsibility for pushing things along. A good schedule and budget should make it easy to monitor progress. When things fall behind schedule, or costs overrun, you need to be ready to do something about it and to adapt your plan accordingly.

Door to Door Marketing Strategy

Nowadays it’s very common to think of door to door sales as a dead technique. New generations don’t even know it actually exists. But what people don’t realize is that knocking on doors is actually the best training you can have in sales. It’s a tough activity, but it’ll teach you the best lessons to be successful in sales. Also, right now the majority of the marketing is done by e-mail, radio, and television; that’s why real human contact is sometimes more effective!

Since people do not welcome strangers into their space with the most open mind (can you blame them?),  it can be difficult to boost sales without qualified strategies.

So, if your knuckles are hurting, you might find this advice really useful!

Perfect your Pitch

When starting your pitch, you need to make it clear what it is that you’re selling. Humans are emotion-based decision makers, so pitching your product with emotions is necessary. So let’s see in depth how this can be structured:

  • Introduction: Introduce yourself! Usually a person builds an impression of you in 10 seconds. This is why being polite, smiling, and looking for eye contact is important.
  • Questions: Now that you’re standing in front of the prospect, he/she might want to know why you’re there. So explain briefly what you’re trying to sell, but remember, do not overwhelm with the core of the pitch. After this, it’s the moment to ask questions, know more about your customer, and get qualified answers.
  • Present: Finally, you know what are your prospect needs, so it’s time to actually present your product. Try to engage the prospect, telling real experience from other customers, and qualifying your words on the base of the needs you just discovered. Remember to use the KISS method! (Keep It Short and Sweet)
  • Close: If you said all the right things, it’s the closing moment. At this  moment, you need to let the prospect speak and to listen to his/her questions. You must overcome objections, and remember, by coming up with objections your customer is just asking for more reasons to buy.

Door to Door Marketing Plan

Key Pillars of the Door to Door Marketing Process

ProspectingThe search for new customers is called prospecting. Prospects are essential to your sales funnel because you have to have new customers coming in to grow. Finding them is a crucial part of your sales process.

Qualifying: Qualifying means you have identified a need your prospect has that matches one of the features or benefits you offer. Qualifying prospects is to establish Pain (enough pain to buy), Budget (money to buy) and Decision (authority to buy). It requires a door-to-door salesman (or woman) to ask lot of open-ended questions and listen and respond to their answers.

PitchingWhen you make an offer and describe the benefits to your qualified prospect, it is called pitching. Knowing the lead’s needs is essential to your success. You provide a solution to their pain points and explain how your product makes their lives or jobs easier.

ClosingClosing is when you ask the potential customer to buy your product or service. There are numerous ways to ask for business, and finding the one that works best for you and each qualified prospect is a vital skill for successful door-to-door sales.

Follow-upAfter the sale, the door-to-door salesperson should establish contact to ensure the customer received what they ordered, felt satisfied, and received answers to any questions they might have. This is called follow-up. It is essential to establishing a relationship with your new customer, and the gateway to future opportunities with the customer, should their needs change.

Marketing Execution – Plan, Execute, Track, Measure

Everyone likes to talk about creating a marketing plan. It’s the fun part of marketing, the creative aspect of your planning process and Retail Marketing firm Bhugaon Pune. But strategy without execution won’t help your business succeed. In fact, marketing execution is how you achieve results.

Create your marketing strategy

Decide how to market your product or service to potential customers by developing a marketing strategy that positions your product to particular customers

Write a marketing execution plan

How to identify your objectives and write a plan that will help your marketing generate sales, including tactics and objectives

Marketing on a tight budget

How to get the most out of a small or limited marketing budget using cost-effective marketing methods such as Public Relations and online marketing

Marketing your business in Pune

How to market your business effectively in pune including researching your target audience and establishing new contacts

Bhugaon Pune

Retail Marketing firm Bhugaon Pune

Get in touch with us, we would love to discuss your marketing needs.

We love a good coffee and a challenge, so would behappy to meet up with you face to face.

Marketing Company in Pune

Call Us :-08433772261
Email:- info@fulcrumresources.co.in

Bhugaon Pune

 

B2B Marketing: 

Fulcrum is a magnet for businesses with well-defined goals and a desire to harness the latest advantages that marketing and technology can offer.

Face To Face Marketing : 

face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing.

Product Sampling :

Fulcrum are a highly recommended provider of product sampling staff. We specialise in the implementation of sampling campaigns using our in house sampling team and logistical know-how.

Dealer Marketing: 

Dealer marketing is of utmost importance for the success of any brand. For most brands, dealers, distributors and resellers are critical links to success.

Direct Marketing:  

we can help with everything from planning and design to production and delivery ensuring your direct marketing campaigns are delivered on time to the highest quality.

Guerrilla Marketing:

When it comes to guerrilla marketing the gloves are off. They are usually low budget campaigns but with the right imagination and ideas they offer up some unprecedented results

Retail Marketing:

Fulcrum is a dynamic-retail marketing agency born in tradition, fueled by innovation, and living at the intersection of commerce and imagination.

Direct Selling : 

Much like product demonstrations these campaigns have brand reps or ambassadors at the center of them. The difference is it’s more about the selling of the product

Retail Audits & Merchandising:

Auditing takes the reps out off the front line and away from the consumer. Auditing teams are used by marketers to monitor traditional marketing strategies that they put in place across retail.

Door To Door Marketing :

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household,

Product Demonstrations:

As mentioned already, demo days are a popular tool of field marketing. These campaigns can stretch from as little as one week to 6 months however some are continuous and full time.

Street Marketing: 

We will still need to spend time interacting with people, face-to-face, Street Marketing. Personal interaction is what makes the world go around

Retail Marketing 

Retail Marketing firm Bhugaon Pune

The team at Fulcrum has delivering successful Shopping Centre Marketing Campaigns across a wide range of shopping centres and retail complexes. From major  retail locations to local community focused shopping centres; we have secured real, measurable results across the board.

Marketing Plan and Marketing Strategy

Retail Marketing | Retail Marketing firm Bhugaon Pune

Bhugaon ,  Pune

Bhugaon is a suburb situated in the western parts of Pune city and offers excellent connectivity to locations like Bavdhan, Kothrud, and the key Paud Road. The locality comes under the jurisdiction of Pune Municipal Corporation (PMC). It is bordered by some of the very popular and developed localities of Pune, including Bavdhan, Lavale, Bhukum, Kothrud, Warje, Pashan, Gokhale Nagar, Shivane, Vadgaon Budruk, Nanded, Baner, Aundh, Shivajinagar etc. However, it is not just proximity and connectivity that makes Bhugaon an excellent option for homebuyers. In contrast to Pune city, Bhugaon has long and wide tracts of greenery that offers it a superb natural surroundings. This has also led to the development of parks and golf courses in the areas. Properties for sale in Bhugaon, Pune is available at affordable rates. Flats in Bhugaon available at affordable rates than Kothrud and Bavdhan. The average property rates in Bhugaon, Pune is Rs.5100 per sqft. Locality is good for investment as well as for end users due to its proximity to various employment hubs. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhugaon which is located at a distance of 7 km. Kothrud is only 3.6 km away from Bhugaon and is home to several premium healthcare, shopping and cultural establishments. Some of the key residential projects in Bhugaon are Mont Vert Belbrook, Mont Vert Belair, Aryavart Star Altair, Abhinav The One, Prestige Height, Vastushree Shivam Heritage among others.

Bhugaon is a suburb situated in the western parts of Pune city and offers excellent connectivity to locations like Bavdhan, Kothrud, and the key Paud Road. The locality comes under the jurisdiction of Pune Municipal Corporation (PMC). It is bordered by some of the very popular and developed localities of Pune, including Bavdhan, Lavale, Bhukum, Kothrud, Warje, Pashan, Gokhale Nagar, Shivane, Vadgaon Budruk, Nanded, Baner, Aundh, Shivajinagar etc. However, it is not just proximity and connectivity that makes Bhugaon an excellent option for homebuyers. In contrast to Pune city, Bhugaon has long and wide tracts of greenery that offers it a superb natural surroundings. This has also led to the development of parks and golf courses in the areas. Properties for sale in Bhugaon, Pune is available at affordable rates. Flats in Bhugaon available at affordable rates than Kothrud and Bavdhan. The average property rates in Bhugaon, Pune is Rs.5100 per sqft. Locality is good for investment as well as for end users due to its proximity to various employment hubs. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhugaon which is located at a distance of 7 km. Kothrud is only 3.6 km away from Bhugaon and is home to several premium healthcare, shopping and cultural establishments. Some of the key residential projects in Bhugaon are Mont Vert Belbrook, Mont Vert Belair, Aryavart Star Altair, Abhinav The One, Prestige Height, Vastushree Shivam Heritage among others.

Connectivity

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways. Paud Road and Pashan roads are the major roads for Bhugaon which further has it access to NH 48 & AH 47.

Shivajinagar, Khadki, Dapodi, Pune Junction etc. are nearby railway stations to Bhugaon. However, Shivajinagar is the nearest railway station to Bhugaon (14 km) while Pune Junction is the major railway station to Bhugaon, situated at a distance of 15.7 km via Paud Road.
It enjoys excellent connectivity to Pune International Airport which is situated at a driving distance of 28.3 km away via both Paud Road and Pashan Road.
The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan and Hinjewadi.

Factors for past growth
The location advantage and the demand from the buyers pushed developers to saw a potential in the area. As a result, locality has experienced demand for flats for rent in Bhugaon. The workforces from the commercial establishments on Paud Road are the major drivers that push demand for housing here. Moreover, the area is close to Mulshi Road, where many rice and flour mills have presence. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace.

Factors for future growth
The projects, such as widening of the Paud Road from two lanes to six lanes, are likely to push the real estate market in the Bhugaon in the year to come. Apart from that, the distance and the travel time through Paud Road is shorter than through Mumbai Pune Bypass.

Employment hubs near Bhugaon
Lohia Jain IT Park
Galore Tech IT Park
Kapil Zenith IT Park
Nano Space IT Park

Social & Physical Infra Development
Bhugaon offers best in class civic infrastructure to its residents. Some of the good schools in the locality include Sri Sri Ravi Shankar Bal Mandir, Little Elly, Bavdhan Primary School English Medium, Little Millennium Bavdhan, Kidzee, Shanti Juniors Preschool, Tree House, Elite International School, The Learning Curve Bavdhan, Candid Nursery School, Small Lilly Play School & Day Care etc. It also houses some colleges in its vicinity. These are
The major hospitals in Bavdhan include Bavdhan Medicare Centre, Sahyadri Hospital, City Hospital, Deoyani Multispeciality Hospital, Shashwat Hospital, Dhanwantari Hospital, MMF Ratna Memorial Hospital, Suyash Hospital etc. to name a few
Shopping needs of the people is catered by malls in Bhugaon such as Aditya Shagun Malls, Vishal Shopping Complex, Bagfull Mart, The Pavillion, City Mall among few. It also houses retail outlets of famous national and international brands such as Guruprasad Retail Outlet, Pantaloons, More, My Jio Store etc.

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Retail Marketing firm Bhugaon Pune

Retail Marketing firm Bhugaon Pune

Pune

Pimpri-Chinchwad

Aurangabad

Kolhapur

Nashik

Nagpur

Ahmednagar

Akola

Amravati

KOTHRUD
Koregaon Park
Kondhwa
Kondhwa Budruk
Kharadi
Katraj
Kalyani Nagar
Kalewadi
Hinjewadi
Dhayari
Dhanori
Deccan Gymkhana
Chikhali
Camp
Bavdhan
Undri
Pimpri Chinchwad
Aundh
Wakad
Wagholi
Talegaon Dabhade
Sinhagad Road
Shivajinagar
Pimpri
Pimple Saudagar
Pimple Nilakh
Pashan
NIBM
NIBM Annexe
Mundhwa
Magarpatta
Hadapsar
Balewadi

 

Retail Marketing, Retail Marketing firm, Retail Marketing firm Bhugaon, Retail Marketing firm Bhugaon Pune, Bhugaon, Pune,

Door to Door Marketing Strategy, Door to Door Marketing Plan

door2door marketing | Street marketing | Retail Marketing firm Bhugaon Pune

Retail Marketing firm Bhugaon Pune

marketing agency,

Our role, as a marketing agency, is to understand our client’s industry, business, brand and product and to fully understand their target audience, consumer, customer or client that is being targeted. Zero marketing activity should take place without a set of objectives. Both the client and the agency must agree on what it is they are trying to achieve and what success looks like.

Fulcrum Marketing is a strategic Retail Marketing firm Bhugaon Pune. Our team of marketing consultants also specialise in marketing planning and Retail marketing for all types of business of any size. As a strategic marketing consultancy, we help businesses develop a unique value proposition to help them differentiate from their competitors. This is particularly important for acquiring new customers and having your current customers come back for more. It will often include:

  • What product or service is your company selling?
  • What the end benefit of using it?
  • Who is your target customer for this product or service?
  • What makes your offering unique and different?

Other important questions to consider when developing a marketing strategy are:

  • What is the long term future for your business?
  • Where should you be heading and how are you going to get there?

communication and Retail Marketing management

Effective communication and advertising management is important to not only correctly identify a target audience, but also to reach this audience efficiently through different information channels. This can be through traditional methods, such as print advertising, or through the Retail Marketing method, attracting customers to your website through blog posts and effectively targeting key words for online advertising. These marketing communications should all be integrated so that the message of the advertising is clear to customers. There are many benefits of successfully managing these marketing communications, including, but not limited to:

  • A higher Return on Investment  (ROI)
  • Reaching more of your target audience
  • Reduced costs for Retail Marketing
  • Types of market segmentation:
    • Demographic segmentation: gender, age, income, education, occupation
    • Geographic segmentation: city, state, country
    • Psychographic segmentation: attitudes, values, attitudes, lifestyle
    • Behavioural segmentation: purchasing patterns, loyalty status

Implementing a Retail Marketing Strategy

 

Implementing a Marketing Strategy Execution Plan, known to Fulcrum and our clients as a “Sprint Plan” is the most effective way to prevent this highway-less journey , Retail Marketing firm Bhugaon Pune. A Marketing Strategy is a set of strategic goal-focused plans for a certain period of time. At Fulcrum it is usually over the plan of 4 months. In order to develop a Marketing Strategy Execution Plan, you must start with the end in mind. There are specific objectives developed in order to meet the client’s goals. This entails an in-depth on-boarding process in order to set objectives and goals.

Traditional marketing or offline marketing must not be ignored though. Everything from producing a decent brochure that represents your organisation or product appropriately, through to developing specific sales strategies becomes part of the entire marketing bundle. If your main marketing bottleneck is in the sales funnel then you need significant sales expertise combined with marketing knowledge to overcome this. This is most likely going to be more the realm of a marketing consultant with experience in sales techniques.

Retail Marketing Strategy and Planning

Implement your marketing plan

Your marketing plan must do more than just say what you want to happen. It must describe each step required to make sure that it happens.

Schedule
The plan should include a schedule of key tasks. This sets out what will be done, and by when. Refer to the schedule as often as possible to avoid losing sight of your objectives under the daily workload.

Team And Resources
It should also assess what resources you need. For example, you might need to think about what brochures you need, and whether they need to be available for distribution. You might also need to look at how much time it takes to sell to customers and whether you have enough salespeople.

Cost
The cost of everything in the plan needs to be included in a budget. If your finances are limited, your plan will need to take that into account. Don’t spread your marketing activities too thinly – it is better to concentrate your resources to make the most of your budget. You may also want to link your marketing budget to your sales forecast.

Control
As well as setting out the schedule, the plan needs to say how it will be controlled. You need an individual who takes responsibility for pushing things along. A good schedule and budget should make it easy to monitor progress. When things fall behind schedule, or costs overrun, you need to be ready to do something about it and to adapt your plan accordingly.

From time to time, you need to stand back and ask whether the plan is working. What can you learn from your mistakes? How can you use what you know to make a better plan for the future?

 

Marketing Execution – Plan, Execute, Track, Measure

Everyone likes to talk about creating a marketing plan. It’s the fun part of marketing, the creative aspect of your planning process and Retail Marketing firm Bhugaon Pune. But strategy without execution won’t help your business succeed. In fact, marketing execution is how you achieve results.

Execution makes all the necessary elements of marketing work to bring strategy to life. For example, tradeshows, advertising, public relations, social media contribution and a blog can coordinate to generate leads. Each element needs all details covered and properly contributing to make the plan live and produce results.

Create your marketing strategy

Decide how to market your product or service to potential customers by developing a marketing strategy that positions your product to particular customers

Write a marketing execution plan

How to identify your objectives and write a plan that will help your marketing generate sales, including tactics and objectives

Marketing on a tight budget

How to get the most out of a small or limited marketing budget using cost-effective marketing methods such as Public Relations and online marketing

Marketing your business in Pune

How to market your business effectively in pune including researching your target audience and establishing new contacts

Retail Marketing firm Bhugaon Pune

Get in touch with us, we would love to discuss your marketing needs.

We love a good coffee and a challenge, so would behappy to meet up with you face to face.

Marketing Company in Pune

Call Us :-08433772261
Email:- info@fulcrumresources.co.in

 

B2B Marketing: 

Fulcrum is a magnet for businesses with well-defined goals and a desire to harness the latest advantages that marketing and technology can offer.

Face To Face Marketing : 

face to face field marketing is also called personal selling or door to door marketing, customers are met directly in order to sell their products, using this method of field marketing.

Product Sampling :

Fulcrum are a highly recommended provider of product sampling staff. We specialise in the implementation of sampling campaigns using our in house sampling team and logistical know-how.

Dealer Marketing: 

Dealer marketing is of utmost importance for the success of any brand. For most brands, dealers, distributors and resellers are critical links to success.

Direct Marketing:  

we can help with everything from planning and design to production and delivery ensuring your direct marketing campaigns are delivered on time to the highest quality.

Guerrilla Marketing:

When it comes to guerrilla marketing the gloves are off. They are usually low budget campaigns but with the right imagination and ideas they offer up some unprecedented results

Retail Marketing:

Fulcrum is a dynamic-retail marketing agency born in tradition, fueled by innovation, and living at the intersection of commerce and imagination.

Direct Selling : 

Much like product demonstrations these campaigns have brand reps or ambassadors at the center of them. The difference is it’s more about the selling of the product

Retail Audits & Merchandising:

Auditing takes the reps out off the front line and away from the consumer. Auditing teams are used by marketers to monitor traditional marketing strategies that they put in place across retail.

Door To Door Marketing :

Nothing beats the reality that one gets when you can interact with potential clients face to face physically moving from door to door within a community or household to household,

Product Demonstrations:

As mentioned already, demo days are a popular tool of field marketing. These campaigns can stretch from as little as one week to 6 months however some are continuous and full time.

Street Marketing: 

We will still need to spend time interacting with people, face-to-face, Street Marketing. Personal interaction is what makes the world go around

Retail Marketing 

Retail Marketing firm Bhugaon Pune

The team at Fulcrum has delivering successful Shopping Centre Marketing Campaigns across a wide range of shopping centres and retail complexes. From major  retail locations to local community focused shopping centres; we have secured real, measurable results across the board.

Retail Marketing | Retail Marketing firm Bhugaon Pune

Bhugaon ,  Pune

Bhugaon is a suburb situated in the western parts of Pune city and offers excellent connectivity to locations like Bavdhan, Kothrud, and the key Paud Road. The locality comes under the jurisdiction of Pune Municipal Corporation (PMC). It is bordered by some of the very popular and developed localities of Pune, including Bavdhan, Lavale, Bhukum, Kothrud, Warje, Pashan, Gokhale Nagar, Shivane, Vadgaon Budruk, Nanded, Baner, Aundh, Shivajinagar etc. However, it is not just proximity and connectivity that makes Bhugaon an excellent option for homebuyers. In contrast to Pune city, Bhugaon has long and wide tracts of greenery that offers it a superb natural surroundings. This has also led to the development of parks and golf courses in the areas. Properties for sale in Bhugaon, Pune is available at affordable rates. Flats in Bhugaon available at affordable rates than Kothrud and Bavdhan. The average property rates in Bhugaon, Pune is Rs.5100 per sqft. Locality is good for investment as well as for end users due to its proximity to various employment hubs. The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan, and Hinjewadi. Shivajinagar is the nearest railway station to Bhugaon which is located at a distance of 7 km. Kothrud is only 3.6 km away from Bhugaon and is home to several premium healthcare, shopping and cultural establishments. Some of the key residential projects in Bhugaon are Mont Vert Belbrook, Mont Vert Belair, Aryavart Star Altair, Abhinav The One, Prestige Height, Vastushree Shivam Heritage among others.

Connectivity

The locality is well-connected to various developed areas and a number of hotels, schools, banks and hospitals via an excellent network of railways and roadways. Paud Road and Pashan roads are the major roads for Bhugaon which further has it access to NH 48 & AH 47.

Shivajinagar, Khadki, Dapodi, Pune Junction etc. are nearby railway stations to Bhugaon. However, Shivajinagar is the nearest railway station to Bhugaon (14 km) while Pune Junction is the major railway station to Bhugaon, situated at a distance of 15.7 km via Paud Road.

It enjoys excellent connectivity to Pune International Airport which is situated at a driving distance of 28.3 km away via both Paud Road and Pashan Road.
The locality is well-accessible from developed and commercially improved areas of Kothrud, Bavdhan and Hinjewadi.

Factors for past growth
The location advantage and the demand from the buyers pushed developers to saw a potential in the area. As a result, locality has experienced demand for flats for rent in Bhugaon. The workforces from the commercial establishments on Paud Road are the major drivers that push demand for housing here. Moreover, the area is close to Mulshi Road, where many rice and flour mills have presence. A fair number of workforce work in nearby IT Hubs, wanted to have their residences close to their workplace.

Factors for future growth
The projects, such as widening of the Paud Road from two lanes to six lanes, are likely to push the real estate market in the Bhugaon in the year to come. Apart from that, the distance and the travel time through Paud Road is shorter than through Mumbai Pune Bypass.

Employment hubs near Bhugaon
Lohia Jain IT Park
Galore Tech IT Park
Kapil Zenith IT Park
Nano Space IT Park

Social & Physical Infra Development
Bhugaon offers best in class civic infrastructure to its residents. Some of the good schools in the locality include Sri Sri Ravi Shankar Bal Mandir, Little Elly, Bavdhan Primary School English Medium, Little Millennium Bavdhan, Kidzee, Shanti Juniors Preschool, Tree House, Elite International School, The Learning Curve Bavdhan, Candid Nursery School, Small Lilly Play School & Day Care etc. It also houses some colleges in its vicinity. These are
The major hospitals in Bavdhan include Bavdhan Medicare Centre, Sahyadri Hospital, City Hospital, Deoyani Multispeciality Hospital, Shashwat Hospital, Dhanwantari Hospital, MMF Ratna Memorial Hospital, Suyash Hospital etc. to name a few
Shopping needs of the people is catered by malls in Bhugaon such as Aditya Shagun Malls, Vishal Shopping Complex, Bagfull Mart, The Pavillion, City Mall among few. It also houses retail outlets of famous national and international brands such as Guruprasad Retail Outlet, Pantaloons, More, My Jio Store etc.

Marketing Company in KOTHRUD
Marketing Company in Koregaon Park
Marketing Company in Kondhwa
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Marketing Company in Pashan
Marketing Company in NIBM
Marketing Company in NIBM Annexe
Marketing Company in Mundhwa
Marketing Company in Magarpatta
Marketing Company in Hadapsar
Marketing Company in Balewadi
 

Retail Marketing firm Bhugaon Pune

direct selling firm Bhugaon Pune

Pune

Pimpri-Chinchwad

Aurangabad

Kolhapur

Nashik

Nagpur

Ahmednagar

Akola

Amravati

KOTHRUD
Koregaon Park
Kondhwa
Kondhwa Budruk
Kharadi
Katraj
Kalyani Nagar
Kalewadi
Hinjewadi
Dhayari
Dhanori
Deccan Gymkhana
Chikhali
Camp
Bavdhan
Undri
Pimpri Chinchwad
Aundh
Wakad
Wagholi
Talegaon Dabhade
Sinhagad Road
Shivajinagar
Pimpri
Pimple Saudagar
Pimple Nilakh
Pashan
NIBM
NIBM Annexe
Mundhwa
Magarpatta
Hadapsar
Balewadi

 

Retail Marketing, Retail Marketing firm, Retail Marketing firm Bhugaon, Retail Marketing firm Bhugaon Pune

retail marketing firm | door to door marketing firm dhule

When it comes to Promotional Marketing and its associated services retail marketing firm | door to door marketing firm dhule, we like to think we know a thing or two. After all, we’ve been doing it for a quarter of a century!

As a long established and reliable partner to brands and agencies, we provide a proactive and helpful account management team to help work through your marketing objectives. Technology is at the heart of everything we deliver – from live online reporting through to cashback platforms and ecommerce websites, we utilise the latest technology to deliver efficiencies in handling and transparency of our operation.

Fulcrum provides a flexible approach – allowing you to focus on your brand, while we take care of the detail behind the scenes

For the team here at Fulcrum it’s all about how to help a brand to drive sales, manage logistics – using the power of our people, our processes and our technology. Our people are drawn from a variety of commercial backgrounds including agency, experiential, btl and fieldwork.

We do the research on new trends, Marketing and Btl solutions and effective ways of working

we provide a comprehensive a range of promotional solutions to major organisations working to promote their businesses and brands. These solutions relate to the issuing, validation, redemption and settlement of…

RETAILER OFFERS – loyalty vouchers, coupons & points, complex & personalised targeted promotions, trigger offers

STORED VALUE INSTRUMENTS – gift, savings, points, general ‘spend’ cards or virtual cards
MANUFACTURER COUPONS – including 3rd party and affinity partner programmes
…whether physical or digital, for customer present and online transactions.

Our services are operational in the mumbai and pune (where we support all major grocery retailers, FMCG manufacturers, and many leading multi-retailer environments).

Who are we?

Fulcrum specialises in the provision of marketing, Btl and leaflet distribution services within the Marketing and all sector.

How can we help?

Over the years we have innovated our core capabilities through excellent IT infrastructure and customer service, to provide a one stop shop for all your promotional, fulfilment and distribution needs.

We are dedicated to helping our customers achieve growth, customer retention and increased profitability through the combination of our expert marketing support services.

Marketing

Brand Activation

 

Marketing idea an tips , info , case study

State the most common goals of integrated marketing communications campaigns

Integrated Marketing Communications

Setting Goals

The ultimate goal of IMC is to unite all aspects of marketing communications so they work together seamlessly and harmoniously.

LEARNING OBJECTIVES

State the most common goals of integrated marketing communications campaigns

KEY TAKEAWAYS

Key Points

  • Integrated Marketing Communication (IMC) is an approach to brand communications where the different modes work together to create a seamless experience for the customer and are presented with a similar tone and style that reinforces the brand’s core message.
  • Some of the most common goals of IMC campaigns include increasing brand awareness, generating sales and reinforcing repeat purchases.
  • Only changes in the marketplace, new competitive forces, or new promotional opportunities should cause companies to alter strategies and reassess IMC goals.

Key Terms

  • integrated: composed and coordinated to form a whole
  • fragmentation: The act of fragmenting or something fragmented; disintegration.

Setting Goals

Integrated Marketing Communication (IMC) is an approach to brand communications where the different modes work together to create a seamless experience for the customer. Customers are presented with a similar tone and style that reinforce the brand’s core message. The ultimate goal is to make all aspects of marketing communication– advertising, sales promotion, public relations, direct marketing, personal selling, online communications and social media –work together as a unified force, rather than in isolation. This synergy between different marketing elements maximizes their cost effectiveness.

image

Integrated Marketing: Integrated marketing communications can be used to develop brand awareness, increase consumer demand and change beliefs towards a product.

The cost effectiveness of mass media due to fragmentation has forced integrated marketing communications to the forefront of modern marketing. As consumers spend more time online and on mobile devices, the goal for marketing teams should be for all exposures of the brand to tie together so they are more likely to be remembered. Increasingly the strategies of brands cannot be understood by looking solely at their advertising. Instead they can be understood by seeing how all aspects of their communications ecosystem work together and in particular how communications are personalized for each customer and react in real time.

Common IMC Objectives

In addition to considering recent market, consumer and technological shifts, brands must assess their marketing budget and target audience when setting IMC goals. An IMC strategy with a budget of $2 million will be radically different in size, scope and reach than a marketing budget of only $2,000. Thus, smaller businesses with tiny IMC budgets may rely heavily on social media advertising and word-of-mouth networks to increase brand presence and generate new leads, rather than more expensive television and billboard advertising.

Despite varying budgets, product features and benefits, and consumer behaviors, organizations typically set and work towards the following goals when implementing IMC strategies:

  • To develop brand awareness
  • To increase consumer or business demand for a product category
  • To change or influence customer beliefs or attitudes
  • To enhance purchase actions
  • To encourage repeat purchases
  • To build customer traffic to physical stores, websites or other marketing channels
  • To enhance firm/brand image
  • To increase market share
  • To increase sales
  • To reinforce purchase decisions

IMC strategies may seek to achieve one, many or all of these objectives throughout the course of a campaign. Once strategies have been implemented, they are not changed unless major new events occur. Only changes in the marketplace, new competitive forces, or new promotional opportunities should cause companies to alter strategies and reassess IMC goals.

 

Advertising ideas

Promotional Idea

Marketing Ideas

Marketing Ideas 1

Events Ideas

Marketing Management and Strategic Planning

 Guide to Online Marketing

Sales Management & Planning

Advertising and Promotion

Mass Communication Media and Culture

Principles of Marketing

Effective marketing techniques

Marketing communication Strategies and Planning

Promotion: Integrated Marketing Communication

Marketing Management and Strategic Planning

Marketing Strategy

ADVERTISING AND PROMOTIONS

 

 

Retail Management

Entrepreneurship and Innovation

Small Business Management

Business Plan Development Guide

Small Business and Entrepreneurship

Human Resource Management

Introduction to Business

Principles of Management

face to face marketing
 Marketing firm dhule, Brand Marketing agency dhule, Product marketing Career dhule ,
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Retail Marketing firm | engagement marketing agency chandrapur

Fulcrum are a leading recognition and incentive business based in the chandrapur. We provide solutions to businesses of all sizes all over the world to…
Increase sales, profitability, productivity, knowledge, referrals

Improve service, brand awareness, communication and motivation

Decrease costs, uncertainty, absenteeism and inefficiencies

In short, we can help you achieve all of your business goals simply by changing the behaviour of your best assets – your employees, customers and channel partners.

Fulcrum are perfectionists! We use imagination, creativity, strategy and action to create incentive programmes that inspire, challenge, excite, motivate and engage your audience.
We don’t just do it, as a growing independent company WE LIVE IT! We’re a group of problem solvers, designers, developers, critics and we work hard, around the clock if necessary, to make sure we deliver something special for our customers!
As an independently run company, we offer our customers the personal touch which we feel is not offered by larger organisations. As a team we take immense pride and ownership in everything we do and feel this is demonstrated in our professionalism and performance levels.

As a company our team are committed to understand and resolve any issues or questions you may have promptly and professionally. You will be dealing with a company aware of your need for quick and effective solutions.

If you have any questions or queries, just ask. Our dedicated team will be happy to help.

Fulcrum is an btl and marketing agency and sales agency based in mumbai, pune. Inspire is a business comprised of three strands: Sales Promotions, Loyalty & Rewards and fieldwork.

Sales promotions are fulfilled around the local area for huge brands by our expert team. Employees enjoy travel rewards for loyalty and hard work within their business. The marketing arm of the business has a network of brilliant freelancher marketing agents supported by exclusive supplier deals and the unique Inspire.

 

Marketing

Brand Activation

Retail Marketing firm | engagement marketing agency chandrapur

Marketing idea an tips , info , case study

Trends

Marketers must be able to anticipate and adapt to future trends and technological advancements in order to stay ahead of the competition.

LEARNING OBJECTIVES

Explain the different types of external factors or trends used in creating marketing strategies.

KEY TAKEAWAYS

Key Points

  • Marketing managers must stay informed of technology trends so they can be part of the next big thing, rather than becoming outdated and suffering the consequences financially.
  • Marketing managers must watch factors in the micro environment, such as supply availability, and other trends dealing with suppliers to ensure that product will be delivered to customers in the time frame required in order to maintain a strong customer relationship.
  • Forecasting new trends has become increasingly important as Marketers try to understand Americans by analyzing major life events and their need to be connected to their peers through social media outlets.

Key Terms

  • micro environment: refers to the forces that are close to the company and affect its ability to serve its customers; it includes the company itself, its suppliers, marketing intermediaries, customer markets, competitors, and publics.
  • macro environment: Major external and uncontrollable factors that influence an organization’s decision making, and affect its performance and strategies. These factors include the economic, demographics, legal, political, and social conditions, technological changes, and natural forces.

The Micro Environment and Trends

The micro environment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company itself, its suppliers, marketing intermediaries, customer markets, competitors, and publics. The technological environment is perhaps one of the fastest changing factors in the macro environment. This includes technological developments in areas ranging from antibiotics and medicine, to nuclear and chemical weaponry, and credit cards.

How the Micro Environment Applies to Organizations

The corporate aspect of the micro environment refers to the internal environment of a company. This includes all departments, such as management, finance, research and development, purchasing, operations, and accounting. Each of these departments has an impact on marketing decisions. For example, research and development have input as to the features a product can perform. Accounting approves the financial side of marketing plans and budgets.

The suppliers of a company are also an important aspect of the micro environment. For instance, delivering supplies late can result in customer dissatisfaction. Marketing managers must watch supply availability and other trends involving with suppliers to ensure that product will be delivered to customers within the time frame required to maintain a strong customer relationship.

Technology Trends and Marketing

As industries such as pharmaceuticals and national defense expand, they create new markets and new uses for products. Such advances require companies to compete effectively, stay abreast of the latest trends, and update their product technologies as they become outdated.

Technology is the knowledge of how to accomplish tasks and goals. Technology affects marketers in several ways. First, aggressively advancing technology is spawning new products and processes at an accelerating rate that threatens almost every existing product.

Second, competition continues to intensify between old and new organizations as many substitute technologies compete with established products. Third, product innovations that result in superior performance or cost advantages are the best means for protecting and building market position without sacrificing profit margins. This is especially true in today’s world, when many markets are experiencing flat or slow growth when excess capacity is commonplace.

History provides many examples of companies that have lost their competitive advantage because a competitor came into the market with a product that had superior cost advantage or performance characteristics. These examples are not limited to small or weak companies. Even industrial giants including AT&T, General Electric, and IBM have seen parts of their markets eroded by competition with a distinctly superior product.

A "smart" car, which is small, and white and green

‘Smart’ Electric Car: The electric car has not been as popular as marketers predicted. Hybrid cars have become increasingly popular.

Forecasting New Trends

There are thousands of forecasters who claim to be able to predict or at least determine the direction of future markets. One that has an excellent track record is Roper Starch, a research firm that has been looking at trends for over 50 years. The 2000 Roper Report identified four concepts that may help marketers understand Americans in the next decades:

  • “High Pace/High Peace”: Americans’ high-speed lifestyles create new goals and needs”: As the pace of life is picking up, there is growing desire and demand for peace. The shift to “High Pace/High Peace” is evident in the marketplace. Increasingly, brands seem to be “high-pace” (efficiency-oriented, intense brands like Apple) or “high-peace” (relaxing, spa-pace brands like Banana Republic, and personalities like the Dalai Lama). Data suggest that there are opportunities for marketers to become a bridge to get people to both their high pace and high peace goals.
  • “Kinnections”: The movement to connection in technology, relationships, and brands”: In a whole host of areas—from communications and computing to attitudes towards family and community—connections are up. This sense of connection is apparent in the marketplace as well in cause-related marketing and a greater desire for brands to go beyond the basics like quality and value to connect in new ways with consumers. Companies like Facebook, Twitter and LinkedIn are now synonymous with the new, ultra-connected society.
  • “Diversity/Destiny”: The US increasingly is “the world’s nation”: our foreign-born population has almost tripled in the past 30 years. African-Americans, Hispanics, and other minorities make up the majority of the nation’s population growth in the past decade—and will account for an even larger proportion of the nation’s growth in the decade to come. To succeed, marketers must be culturally aware.
  • “Marketing by life stage”: Marketers have traditionally relied on standard demographics to understand and predict consumer behavior. Research shows, however, that life stage can be a more powerful predictor of consumer attitudes and behavior than traditional demographic analysis. Classifying Americans by the life events they have experienced, rather than by demographic traits, can yield insights and understanding into a market that might otherwise have been overlooked.

 

Advertising ideas

Promotional Idea

Marketing Ideas

Marketing Ideas 1

Events Ideas

Marketing Management and Strategic Planning

 Guide to Online Marketing

Sales Management & Planning

Advertising and Promotion

Mass Communication Media and Culture

Principles of Marketing

Effective marketing techniques

Marketing communication Strategies and Planning

Promotion: Integrated Marketing Communication

Marketing Management and Strategic Planning

Marketing Strategy

ADVERTISING AND PROMOTIONS

 

 

Retail Management

Entrepreneurship and Innovation

Small Business Management

Business Plan Development Guide

Small Business and Entrepreneurship

Human Resource Management

Introduction to Business

Principles of Management

one to one marketing
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Retail Marketing firm | engagement marketing agency Pune Cantonment

Our talented team know how to excite, inspire and engage. With backgrounds in events, entertainment and travel, we’re full of ideas for amazing prizes and unforgettable incentives!

At Fulcrum, we all come to work every day because we have a shared love of travel and delivering once-in-a-lifetime experiences.

Our team meetings are buzzing with fresh ideas, brand new experiences and glowing feedback from our travellers. We know what makes a great incentive, we have an encyclopaedic knowledge of the best experiences around the world, and we have an ever-expanding ‘little black book’ of the most exclusive suppliers in the business.

In addition to our creative ideas and experience, we know that our clients value our expertise and dedication to solving problems rather than creating them. Prizes and incentives are our world, but we understand that our clients have other priorities, so we make sure we’re delivering our ideas on-time, on-budget and on-brand. We thrive on tight deadlines, logistical challenges and creating perfectly tailored solutions, without the headaches!

About us

Perfect solutions every time
As a leading marketing Agency, we’re immensely proud to work with brands and agencies across a huge range of sectors and industries, giving us an unrivalled breadth of experience.

we have created and fulfilled prizes for promotions and activations across the world.

Our aim: help our clients achieve their goals through our experience and expertise, taking the stress and hassle out of prize fulfilment.

We work for both direct brands and agencies, often in collaboration or with other specialist agencies and partners. Many of our clients have existing assets – from festival tickets to sports hospitality – which we help them to build into the best possible prize packages. Others want to create unique, eye-catching marketing and btl content around their prize winners. We can deal with winners from any country and in any language; we can provide a full btl management service; we can even source camera crews for content capture.

Whatever your brief, we’ve got it covered.

SALES INCENTIVES

Driving sales and performance through tailored, flexible incentive programmes

With pressure always on to drive sales and performance, sales incentives are an essential part of rewarding achievement within many companies. From internal staff reward programmes to dealer and channel incentives, there’s no better way to create a happy, engaged and motivated workforce.

Our main goal is to understand your people and what makes them tick. From hundreds in a call centre team to a small on ground sales team, a clear overview of your audience is the most important part of the process. By taking a best approach, offering maximum choice and flexibility, we create incentives which are targeted, effective and tailored to your team.

Whether it’s sales rewards, dealer incentives or channel incentives, drop us a line; we’d love to help you drive sales with our fresh and creative approach to prizes and incentives. From once-in-a-lifetime holidays to mini-breaks, high-street vouchers and designer goods, you can rest assured that with Fulcrum you’re in safe hands.

24 hour turnaround for urgent briefs
Topline ideas within 2 hours if needed
Competitive fixed quotes with no hidden costs
Expert Winner Management and Fulfilment

Retail Marketing firm | engagement marketing agency Pune Cantonment

Low-Involvement Versus High-Involvement Buying Decisions and the Consumer’s Decision-Making Process

3.2 Low-Involvement Versus High-Involvement Buying Decisions and the Consumer’s Decision-Making Process

Learning Objectives

  1. Distinguish between low-involvement and high-involvement buying decisions.
  2. Understand what the stages of the buying process are and what happens in each stage.

As you have seen, many factors influence a consumer’s behavior. Depending on a consumer’s experience and knowledge, some consumers may be able to make quick purchase decisions and other consumers may need to get information and be more involved in the decision process before making a purchase. The level of involvement reflects how personally important or interested you are in consuming a product and how much information you need to make a decision. The level of involvement in buying decisions may be considered a continuum from decisions that are fairly routine (consumers are not very involved) to decisions that require extensive thought and a high level of involvement. Whether a decision is low, high, or limited, involvement varies by consumer, not by product, although some products such as purchasing a house typically require a high-involvement for all consumers. Consumers with no experience purchasing a product may have more involvement than someone who is replacing a product.

You have probably thought about many products you want or need but never did much more than that. At other times, you’ve probably looked at dozens of products, compared them, and then decided not to purchase any one of them. When you run out of products such as milk or bread that you buy on a regular basis, you may buy the product as soon as you recognize the need because you do not need to search for information or evaluate alternatives. As Nike would put it, you “just do it.” Low-involvement decisions are, however, typically products that are relatively inexpensive and pose a low risk to the buyer if she makes a mistake by purchasing them.

Consumers often engage in routine response behavior when they make low-involvement decisions—that is, they make automatic purchase decisions based on limited information or information they have gathered in the past. For example, if you always order a Diet Coke at lunch, you’re engaging in routine response behavior. You may not even think about other drink options at lunch because your routine is to order a Diet Coke, and you simply do it. Similarly, if you run out of Diet Coke at home, you may buy more without any information search.

Some low-involvement purchases are made with no planning or previous thought. These buying decisions are called impulse buying. While you’re waiting to check out at the grocery store, perhaps you see a magazine with Angelina Jolie and Brad Pitt on the cover and buy it on the spot simply because you want it. You might see a roll of tape at a check-out stand and remember you need one or you might see a bag of chips and realize you’re hungry or just want them. These are items that are typically low-involvement decisions. Low-involvement decisions aren’t necessarily products purchased on impulse, although they can be.

By contrast, high-involvement decisions carry a higher risk to buyers if they fail, are complex, and/or have high price tags. A car, a house, and an insurance policy are examples. These items are not purchased often but are relevant and important to the buyer. Buyers don’t engage in routine response behavior when purchasing high-involvement products. Instead, consumers engage in what’s called extended problem solving, where they spend a lot of time comparing different aspects such as the features of the products, prices, and warranties.

High-involvement decisions can cause buyers a great deal of postpurchase dissonance (anxiety) if they are unsure about their purchases or if they had a difficult time deciding between two alternatives. Companies that sell high-involvement products are aware that postpurchase dissonance can be a problem. Frequently, they try to offer consumers a lot of information about their products, including why they are superior to competing brands and how they won’t let the consumer down. Salespeople may be utilized to answer questions and do a lot of customer “hand-holding.”

Figure 3.8

Allstate's logo

Allstate’s “You’re in Good Hands” advertisements are designed to convince consumers that the insurance company won’t let them down.

Limited problem solving falls somewhere between low-involvement (routine) and high-involvement (extended problem solving) decisions. Consumers engage in limited problem solving when they already have some information about a good or service but continue to search for a little more information. Assume you need a new backpack for a hiking trip. While you are familiar with backpacks, you know that new features and materials are available since you purchased your last backpack. You’re going to spend some time looking for one that’s decent because you don’t want it to fall apart while you’re traveling and dump everything you’ve packed on a hiking trail. You might do a little research online and come to a decision relatively quickly. You might consider the choices available at your favorite retail outlet but not look at every backpack at every outlet before making a decision. Or you might rely on the advice of a person you know who’s knowledgeable about backpacks. In some way you shorten or limit your involvement and the decision-making process.

Products, such as chewing gum, which may be low-involvement for many consumers often use advertising such as commercials and sales promotions such as coupons to reach many consumers at once. Companies also try to sell products such as gum in as many locations as possible. Many products that are typically high-involvement such as automobiles may use more personal selling to answer consumers’ questions. Brand names can also be very important regardless of the consumer’s level of purchasing involvement. Consider a low- versus high-involvement decision—say, purchasing a tube of toothpaste versus a new car. You might routinely buy your favorite brand of toothpaste, not thinking much about the purchase (engage in routine response behavior), but not be willing to switch to another brand either. Having a brand you like saves you “search time” and eliminates the evaluation period because you know what you’re getting.

When it comes to the car, you might engage in extensive problem solving but, again, only be willing to consider a certain brand or brands. For example, in the 1970s, American-made cars had such a poor reputation for quality that buyers joked that a car that’s “not Jap [Japanese made] is crap.” The quality of American cars is very good today, but you get the picture. If it’s a high-involvement product you’re purchasing, a good brand name is probably going to be very important to you. That’s why the manufacturers of products that are typically high-involvement decisions can’t become complacent about the value of their brands.

Video Clip

1970s American Cars

(click to see video)

Today, Lexus is the automotive brand that experiences the most customer loyalty. For a humorous, tongue-in-cheek look at why the brand reputation of American carmakers suffered in the 1970s, check out this clip.

Stages in the Buying Process

Figure 3.9 “Stages in the Consumer’s Purchasing Process” outlines the buying stages consumers go through. At any given time, you’re probably in a buying stage for a product or service. You’re thinking about the different types of things you want or need to eventually buy, how you are going to find the best ones at the best price, and where and how will you buy them. Meanwhile, there are other products you have already purchased that you’re evaluating. Some might be better than others. Will you discard them, and if so, how? Then what will you buy? Where does that process start?

Figure 3.9 Stages in the Consumer’s Purchasing Process

Stages in the Consumer's Purchasing Process

Stage 1. Need Recognition

You plan to backpack around the country after you graduate and don’t have a particularly good backpack. You realize that you must get a new backpack. You may also be thinking about the job you’ve accepted after graduation and know that you must get a vehicle to commute. Recognizing a need may involve something as simple as running out of bread or milk or realizing that you must get a new backpack or a car after you graduate. Marketers try to show consumers how their products and services add value and help satisfy needs and wants. Do you think it’s a coincidence that Gatorade, Powerade, and other beverage makers locate their machines in gymnasiums so you see them after a long, tiring workout? Previews at movie theaters are another example. How many times have you have heard about a movie and had no interest in it—until you saw the preview? Afterward, you felt like you had to see it.

Stage 2. Search for Information

For products such as milk and bread, you may simply recognize the need, go to the store, and buy more. However, if you are purchasing a car for the first time or need a particular type of backpack, you may need to get information on different alternatives. Maybe you have owned several backpacks and know what you like and don’t like about them. Or there might be a particular brand that you’ve purchased in the past that you liked and want to purchase in the future. This is a great position for the company that owns the brand to be in—something firms strive for. Why? Because it often means you will limit your search and simply buy their brand again.

If what you already know about backpacks doesn’t provide you with enough information, you’ll probably continue to gather information from various sources. Frequently people ask friends, family, and neighbors about their experiences with products. Magazines such as Consumer Reports (considered an objective source of information on many consumer products) or Backpacker Magazine might also help you. Similar information sources are available for learning about different makes and models of cars.

Internet shopping sites such as Amazon.com have become a common source of information about products. Epinions.com is an example of consumer-generated review site. The site offers product ratings, buying tips, and price information. Amazon.com also offers product reviews written by consumers. People prefer “independent” sources such as this when they are looking for product information. However, they also often consult non-neutral sources of information, such advertisements, brochures, company Web sites, and salespeople.

Stage 3. Product Evaluation

Obviously, there are hundreds of different backpacks and cars available. It’s not possible for you to examine all of them. In fact, good salespeople and marketing professionals know that providing you with too many choices can be so overwhelming that you might not buy anything at all. Consequently, you may use choice heuristics or rules of thumb that provide mental shortcuts in the decision-making process. You may also develop evaluative criteria to help you narrow down your choices. Backpacks or cars that meet your initial criteria before the consideration will determine the set of brands you’ll consider for purchase.

Evaluative criteria are certain characteristics that are important to you such as the price of the backpack, the size, the number of compartments, and color. Some of these characteristics are more important than others. For example, the size of the backpack and the price might be more important to you than the color—unless, say, the color is hot pink and you hate pink. You must decide what criteria are most important and how well different alternatives meet the criteria.

Figure 3.10

A man with an Osprey backpack

Osprey backpacks are known for their durability. The company has a special design and quality control center, and Osprey’s salespeople annually take a “canyon testing” trip to see how well the company’s products perform.

Companies want to convince you that the evaluative criteria you are considering reflect the strengths of their products. For example, you might not have thought about the weight or durability of the backpack you want to buy. However, a backpack manufacturer such as Osprey might remind you through magazine ads, packaging information, and its Web site that you should pay attention to these features—features that happen to be key selling points of its backpacks. Automobile manufacturers may have similar models, so don’t be afraid to add criteria to help you evaluate cars in your consideration set.

Stage 4. Product Choice and Purchase

With low-involvement purchases, consumers may go from recognizing a need to purchasing the product. However, for backpacks and cars, you decide which one to purchase after you have evaluated different alternatives. In addition to which backpack or which car, you are probably also making other decisions at this stage, including where and how to purchase the backpack (or car) and on what terms. Maybe the backpack was cheaper at one store than another, but the salesperson there was rude. Or maybe you decide to order online because you’re too busy to go to the mall. Other decisions related to the purchase, particularly those related to big-ticket items, are made at this point. For example, if you’re buying a high-definition television, you might look for a store that will offer you credit or a warranty.

Stage 5. Postpurchase Use and Evaluation

At this point in the process you decide whether the backpack you purchased is everything it was cracked up to be. Hopefully it is. If it’s not, you’re likely to suffer what’s called postpurchase dissonance. You might call it buyer’s remorse. Typically, dissonance occurs when a product or service does not meet your expectations. Consumers are more likely to experience dissonance with products that are relatively expensive and that are purchased infrequently.

You want to feel good about your purchase, but you don’t. You begin to wonder whether you should have waited to get a better price, purchased something else, or gathered more information first. Consumers commonly feel this way, which is a problem for sellers. If you don’t feel good about what you’ve purchased from them, you might return the item and never purchase anything from them again. Or, worse yet, you might tell everyone you know how bad the product was.

Companies do various things to try to prevent buyer’s remorse. For smaller items, they might offer a money back guarantee or they might encourage their salespeople to tell you what a great purchase you made. How many times have you heard a salesperson say, “That outfit looks so great on you!” For larger items, companies might offer a warranty, along with instruction booklets, and a toll-free troubleshooting line to call or they might have a salesperson call you to see if you need help with product. Automobile companies may offer loaner cars when you bring your car in for service.

Companies may also try to set expectations in order to satisfy customers. Service companies such as restaurants do this frequently. Think about when the hostess tells you that your table will be ready in 30 minutes. If they seat you in 15 minutes, you are much happier than if they told you that your table would be ready in 15 minutes, but it took 30 minutes to seat you. Similarly, if a store tells you that your pants will be altered in a week and they are ready in three days, you’ll be much more satisfied than if they said your pants would be ready in three days, yet it took a week before they were ready.

Stage 6. Disposal of the Product

There was a time when neither manufacturers nor consumers thought much about how products got disposed of, so long as people bought them. But that’s changed. How products are being disposed of is becoming extremely important to consumers and society in general. Computers and batteries, which leech chemicals into landfills, are a huge problem. Consumers don’t want to degrade the environment if they don’t have to, and companies are becoming more aware of this fact.

Take for example Crystal Light, a water-based beverage that’s sold in grocery stores. You can buy it in a bottle. However, many people buy a concentrated form of it, put it in reusable pitchers or bottles, and add water. That way, they don’t have to buy and dispose of plastic bottle after plastic bottle, damaging the environment in the process. Windex has done something similar with its window cleaner. Instead of buying new bottles of it all the time, you can purchase a concentrate and add water. You have probably noticed that most grocery stores now sell cloth bags consumers can reuse instead of continually using and discarding of new plastic or paper bags.

Figure 3.11

Recycling center pile

The hike up to Mount Everest used to be pristine. Now it looks more like this. Who’s responsible? Are consumers or companies responsible, or both?

Other companies are less concerned about conservation than they are about planned obsolescence. Planned obsolescence is a deliberate effort by companies to make their products obsolete, or unusable, after a period of time. The goal is to improve a company’s sales by reducing the amount of time between the repeat purchases consumers make of products. When a software developer introduces a new version of product, it is usually designed to be incompatible with older versions of it. For example, not all the formatting features are the same in Microsoft Word 2007 and 2010. Sometimes documents do not translate properly when opened in the newer version. Consequently, you will be more inclined to upgrade to the new version so you can open all Word documents you receive.

Products that are disposable are another way in which firms have managed to reduce the amount of time between purchases. Disposable lighters are an example. Do you know anyone today that owns a nondisposable lighter? Believe it or not, prior to the 1960s, scarcely anyone could have imagined using a cheap disposable lighter. There are many more disposable products today than there were in years past—including everything from bottled water and individually wrapped snacks to single-use eye drops and cell phones.

Figure 3.12

An old trench art lighter

Disposable lighters came into vogue in the United States in the 1960s. You probably don’t own a cool, nondisposable lighter like one of these, but you don’t have to bother refilling it with lighter fluid either.

Key Takeaways

Consumer behavior looks at the many reasons why people buy things and later dispose of them. Consumers go through distinct buying phases when they purchase products: (1) realizing the need or wanting something, (2) searching for information about the item, (3) evaluating different products, (4) choosing a product and purchasing it, (5) using and evaluating the product after the purchase, and (6) disposing of the product. A consumer’s level of involvement is how interested he or she is in buying and consuming a product. Low-involvement products are usually inexpensive and pose a low risk to the buyer if he or she makes a mistake by purchasing them. High-involvement products carry a high risk to the buyer if they fail, are complex, or have high price tags. Limited-involvement products fall somewhere in between.

Review Questions

  1. How do low-involvement decisions differ from high-involvement decisions in terms of relevance, price, frequency, and the risks their buyers face? Name some products in each category that you’ve recently purchased.
  2. What stages do people go through in the buying process for high-involvement decisions? How do the stages vary for low-involvement decisions?
  3. What is postpurchase dissonance and what can companies do to reduce it?

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Fulcrum Marketing Services in Pune are the catalyst to bringing your advertising vision to life. While many ideas start in a boardroom, you need experienced marketers on the ground who are able to conceptualize, plan and execute a well thought-out marketing campaign in the field.

we supply the experience, connections, relationships, and knowledge needed to maximize the potential return on investment for each of our clients as well as help identify and pursue select market opportunities as they come available, home to home marketing business | Retail Marketing firm in pune. Our local insight allows us to create exceptional investment potential for our partners and clients and enhanced living experience for our residents.

CREATING COMMUNITIES WHERE PEOPLE ARE EAGER TO LIVE AND RELUCTANT TO LEAVE

We define and position apartment homes for success. We are passionate about the residential experience and the qualitative and quantitative points that drive us to make strategic decisions that inform what a home should be — specific to its marketplace.

Results are realized through both the speed of lease-ups and financial performance of the on-going stabilized investment.

MARKET RESEARCH
We crunch the numbers, ask the questions, assess current trends and forecast future trends with detailed, up-to-date research to understand our markets; Ensuring our clients have the right data points to make the best decisions going forward.

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What’s the experience living here? What’s the story and name of this place? Our experience and insight allows us to identify and position each project’s distinctive offerings as its market niche. We provide an understanding that goes deeper than looking at trends. We create sought-after, thoughtfully executed apartment communities that are compatible with their surrounding neighborhoods.

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Overall success relies on a thoughtful marketing strategy. In a constantly changing environment, we develop and implement each marketing initiative specific to your audience and budget. Reaching consumers in a way that educates and informs; ultimately creating product desirability and excellent rates of return.

 

 

Generation Ideas B2B Marketers

1. Provide a Free Tool or Resource

Sometimes, the most valuable formats are unique. While eBooks are still effective, they are starting to lose their appeal, which makes them progressively less effective at converting leads. Creating a free tool or resource can be a powerhouse demand generation idea, especially if it solves a specific problem your customers face, Generation Ideas B2B Marketers.

Examples of non-traditional content resources could include:

  • Interactive online tools
  • Checklists
  • Calculators
  • Spreadsheets
  • Calendar files
  • Educational Courses
  • Certification programs

2. Repurpose Content for Multiple Channels

Creating content is incredibly time-consuming. When B2B marketing teams create assets that drive demand effectively, repurposing that content across multiple channels maximizes the return.

For example, turn a lengthy eBook into a slide deck, summarizing the main points. Share the slide deck on channels where eBooks don’t perform. Then, take the key slides, add transition animations and background music and create a short video to post on social media channels.

Repackaging great content in a variety of ways multiplies deliverability and increases the value of every piece of content you create.

3. Syndicate Top-Performing Content

Partnering with relevant 3rd-party sites for content syndication extends the reach of your content. Your best-performing pieces will appear before a wider audience, giving you increased visibility beyond your current readership.

Don’t syndicate every piece of content you create. Prove its engagement on your website first. If it performs well, it is more likely to be appreciated on other websites and publications.

Only syndicating your best content keeps quality high, and ensures both your partners and their audiences find value.

4. Recognize and Involve Industry Leaders in the Conversation

Knowing where to turn for accurate information can be difficult for a B2B audience, especially if you’re in an industry that’s heavily-saturated. Finding creative ways to involve industry leaders in your content builds instant credibility. And, being on the radar of industry experts doesn’t hurt either.

Creating an annual award for top thought leaders and resources in your industry can be a valuable resource to inspire your audience towards success, while allowing your organization to form relationships with influencers and other organizations.

5. Unify Messaging Across All Channels

It’s hard to generate demand if your audience can’t wrap their mind around who your brand is. One of the most fundamental ways to build trust is to ensure your brand has consistent messaging across all online and offline channels, including your website, emails, paid ads, social media and in-person events.

Without that consistency, your personas may struggle to retain and trust your brand’s message. Thinking burns calories, and if your audience has to think too hard to understand your message, they will tune it out.

Failing to present a consistent message across all platforms hampers your ability to be heard above the noise.

6. Create Customer-Focused Content

According to Demand Gen Report’s 7th Annual B2B Buyers Survey, 67% of B2B buyers trust peer recommendations when making purchase decisions. Creating content showcasing your customers can lend critical social proof and facilitate B2B demand at every stage of the funnel.

While case studies are still an important tool for B2B marketing, don’t be afraid to showcase your customers across marketing channels–including social media, your website, webinars, videos and podcasts

7. A/B Test Marketing Emails

If you’re not maximizing the returns of your demand generation emails, you may be leaving a whole lot of potential untapped. Last year, a Chief Marketer survey revealed that email was still the B2B marketing channel with the highest ROI.

A/B testing your email sends using a smart email marketing tool or your marketing automation platform can help you capitalize on your emails’ potential. The basic rule of thumb for split testing is to start by testing the most disruptive elements and move toward the least-disruptive.

Elements to test:

  • Sender
  • Subject lines
  • Preview Text
  • Message copy
  • Hero images
  • Supporting images
  • Design
  • Colors
  • CTAs

8. Personalize Website Content

Adopting personalized website content removes friction from the customer journey and ensures all prospects have access to the right information at the right time.

Most marketers naturally understand the importance of creating content to facilitate every stage of the buyer journey. The right piece of content at the right time can mean the difference between losing a contact and gaining a customer. Putting that logic into your website, where each lead is presented with the content they need based on their specific location in the funnel is huge.

MarTech like HubSpot has long given marketers the ability to use smart content to accomplish this goal. Still, most organizations fail to use the functionality to its full potential. We see this being a key practice, increasing in its importance over the next several years.

9. Nurture, Nurture, Nurture

Generating a lot of leads without nurturing them is just building vanity metrics. That is, if you don’t nurture those leads into customers, the quantity of leads doesn’t really matter.

Full-funnel lead nurturing is a best practice every demand marketer must embrace. As technology advances, lead nurturing is breaking out of email and SMS, giving you the ability to nurture your leads across a multiplicity of channels and mediums.

A deep understanding of your personas and their common concerns at each stage of the funnel is key to effective lead nurturing. Once you understand the specific dominoes that must fall for your personas to make a purchase decision, you can craft a lead nurturing engine around each of those dominoes, leading to a higher closing rate per lead.

10. Get Creative With Video

According to a Cisco study, video will account for 82% of all internet traffic by 2021. There is a massive shift happening, and creative video holds a lot of opportunity for demand marketers.

An industry video show that answers frequently-asked questions, hosts interesting guests and provides insider insight can help your brand solve your potential customer’s problems. Video content is entertaining and easy-to-consume. There are over 1.1 million subscribers to marketer Gary Vaynerchuk’s YouTube show Ask Gary Vee.

You don’t need super-high video production value or perfectly-scripted conversations to create a hit YouTube series. In fact, you may be best-served by consistently delivering videos that are short, to-the-point and value-packed.

11. Start an Industry Podcast

Podcasting can help B2B organizations achieve thought leadership, extend their reach and increase brand awareness. It also may be a relatively easy way to stand out, since relatively few B2B demand marketers are using this tactic.

Just 12% of B2B marketers use podcasts, according to the Content Marketing Institute’s 2017 Benchmarks, Budgets, and Trends survey. And, only 3% plan to start podcasting in 2018.

Despite relatively low adoption by marketers, podcasts continue to pick up steam as a source of information among B2B decision-makers. The “average” podcast listener spends over 5 hours each week tuning into audio recordings at home, work, the gym, or while commuting according to Salesforce.

12. Leverage Facebook Lookalike Audiences for Ad Spend

LinkedIn may be the most popular social media channel among B2B marketers, but Facebook may offer some key advantages for generating demand. Using the “Lookalike Audiences” feature to boost brand awareness and demand gen campaigns on Facebook could enable you to get your content in front of the right audience. It’s hard to beat Facebook’s massive reach, after all – which TechCrunch reports is over 2 billion monthly global users.

Lookalike audiences allow you to create an audience of prospects who match your buyer persona profiles. You can use your existing Facebook audience as a source audience, or use your ideal customer profiles to fill out the right demographic and psychographic characteristics for your new Facebook audience. When this targeted distribution method is coupled with boosting high-value content, it can be a powerhouse way to increase demand generation.

13. Allocate Time/Budget for Testing New Ideas

B2B marketers have no shortage of options when it comes to generating demand for their products and brand across online and offline channels. To scale your efforts successfully, balance your demand-gen activities with some good, old-fashioned operations improvements. If your organization has an opportunity to automate manual demand gen tasks with better processes or technology, it could free up hours and budget for testing new campaigns, tactics and content.

 

home to home marketing business | Retail Marketing firm in pune

 

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