Becoming Marketing Active: The Fulcrum Guide to Getting Started with Business Marketing – In the first part of our guide to becoming marketing active Street Guerilla Marketing firm in navi mumbai, we looked at some of the reasons that drive a business to start marketing (if you missed part one, check it out here). But once you’ve made the decision to embark on a marketing strategy for your business, what next? Where do you start and what steps should you take to ensure a smooth and successful process? As is so often the case in business (and life!), preparation is key. So before rushing into any kind of marketing, it’s important to take the time to plan, research and strategise for success. In order to create an effective marketing strategy, you need to develop a thorough understanding of your market, your competitors and your business itself. This means getting back to basics and equipping yourself with all the information you need to identify marketing activities that work for your brand. 1) Research your target market How much do you know about the target audience of your product or service? We’re not just talking about age, sex or occupation (though, of course, you need to know these too). To have the best chance of reaching your target market, you need to dig deeper and find out exactly what drives them towards purchase. What kind of triggers are they most likely to respond to? Which elements of the marketing mix have the most impact on them? How will your product or service benefit them? Understanding these aspects of your target audience will enable you to position and market your brand accordingly, so comprehensive market research is essential. It’s often easier (and more cost-effective) to outsource this type of research to a professional agency who will be better placed to obtain the information you need. 2) Analyse your competition In order to stay ahead of your competitors, you need to know who they are, what they’re doing and how they’re doing it. Once you’ve identified who your key business competitors are, look into the marketing methods they’re using and the way in which they have positioned their brand. What channels and platforms have they chosen to market their business? How are they promoting their brand and its products/services? Consider which elements are crucial to your own business and how you can position your brand in order to get ahead. 3) Define your objectives What do you want to achieve from your marketing activity? Whether it’s to increase your revenue, establish your business in a new market segment or improve brand awareness, setting clear, measurable marketing objectives is vital in understanding what steps need to be taken in order to achieve these goals. Make sure that each identified objective is specific (how much do you want to increase revenue by?), achievable (is it realistic?) and has a timeframe for accomplishment (are you aiming to achieve this goal in three months or a year?). You also need to make sure that your marketing objectives tie in with your overall business objectives. 4) Understand your business You may think you have a pretty good understanding of your business, but it’s surprising what insights can be achieved when you conduct a thorough SWOT analysis (strengths, weaknesses, opportunities, threats). Be rigorous, be meticulous, and above all be brutally honest. Is a lack of staff training letting your business down? Are your prices too high to compete in today’s market? Arming yourself with this knowledge is invaluable in developing a marketing strategy that leverages your company’s strengths and addresses those areas which need to be improved. In the next instalment of the Fulcrum guide to becoming marketing active, we’ll be looking at the raft of marketing channels available and helping you to identify which ones are best for your business. If you have something to share on this topic, why not get in touch? Leave your comments below…

Street Guerilla Marketing firm in navi mumbai

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. If you ignore them, they will return the favor. We understand that it’s important to arm them with the right tools, incentives, training and resources and to ensure your brand has strong share of mind. We’ve helped multiple brands develop dealer programs, Co-op advertising plans, created distributor marketing councils, trained store employees and motivated everyone from owners to counter personnel at customer meetings and on incentive trips.

SALES AND DEALER MEETINGS

Sometimes the best way to inform and inspire the channel is with face-to-face events such as Sales Meetings, Dealer Meetings, Regional Meetings and even Dealer Group Meetings. When this is the right solution, we can turnkey the event, from site selection and travel, to theme and creative, to staging and AV, to speech writing and presentation creation, to invites and follow-up surveys.

TRAINING

We’ve trained automotive enthusiasts how to drive cars, tire dealers how to sell tires and mechanics how to clean garages and driveways. It might be training on a new product, an important service or even how to better market their business— but whatever the challenge we can help. We have successfully trained dealers at events, at their facilities and even online.

DEALER INCENTIVE PROGRAMS

Raise your hand if you don’t want to win money, trips and prizes. No dealer hands went up. Developing turnkey programs that inspire dealer mindshare and sales, all with the goal of delivering powerful ROI, is something we do.

DEALER WORKSHOPS

People are more likely to support something they have helped create. Sometimes the biggest need is to merely engage your dealers and channel partner. We’ve conducted interactive workshops with dealers on branding, positioning, messaging, product development, marketing—well, on just about any topic you can imagine— all with the goal of gaining their buy-in and improving business.

TRADE ADVERTISING

It’s not the default tactic that it once was, but trade advertising still plays a role when a brand wants to make noise across its industry, impact industry opinion, or even recruit new distribution. At those times, we have a track record of putting together creatively driven integrated online/offline trade advertising campaigns across multiple industries.

SALES SUPPORT MATERIALS

Your channel partners need information— on your brand, your products, your programs and more. We can create it— from literature to digital tools to videos and more.

LEAD PROGRAMS

Dealers love it when you bring them leads. We can help create a program that identifies, entices, warms and then turns leads over for sales.

DEALER PROGRAMS

Not sure how to craft the best program to capture dealer mindset and drive sales? We can help you by researching and then developing a program designed to hit their hot buttons while increasing your sales.

CO-OP ADVERTISING PROGRAMS

Do you want your dealers to market, promote and advertise you products? We can help by developing a co-op advertising program designed specifically for your customers and industry, including everything from program guidelines to digitally available assets.

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Street Guerilla Marketing firm in navi mumbai