Where Would You Be Without Marketing?
Marketing is a broad business subject that encompasses a range
of activities including advertising, public relations, sales,
and promotions. Generally, you will find that people often
confuse sales with marketing, when in fact the two are quite
different. Marketing is all about getting a product or service
into the market, promoting it, influencing behavior, and
encouraging sales turnover. Sales, quite distinctly, is the
actual transaction of getting a product or service into the
hands of your customers.
With so many messages being propelled towards all of us these
days, it is more critical than ever for a company to get their
product noticed. This means marketers have evolved to being
creative. Marketing is not an exact science and managers who
know little about it are afraid that the marketing staff within
their firm is often wasting valuable money. The truth is that
marketing is an investment that always pays off; it just may
come back in ways that are not necessarily measurable. So even
though one campaign may bring moderate results, another will
bring astonishing profits.
Companies not committed to a marketing program are at a
disadvantage in today's business world. Those who are still
focused on their products, rather than their customers, are
doomed to experience lots of failure. Knowing what your clients'
expectations are and working to exceed them is the key to
ultimate business success.
There are millions of marketing ideas just waiting to be
spawned. If you need to generate ideas, start by brainstorming
on paper or on the computer. One small idea usually leads to
many other ideas. Alternatively you can do a web search for the
specific marketing ideas you are looking to use in your
marketing program. If you lack the talent or time to be creative
and generate your own marketing ideas, there are marketing
agencies that can assist you to build a complete marketing
program.
When you are planning your marketing program, keep in mind the
hurdles you may face, and think of ways to eliminate them. Some
things that may hold you back from implementing your marketing
ideas include budget shortfalls, lack of skill, or being
understaffed. Think of ways around this as you plan your
strategy for the future.
Finally, think about the specific actions that you can use in a
marketing campaign. Your marketing actions might include
advertising, sponsorship, branding, and public relations. Or,
you may want to stick with direct mail, product packaging and
creating promotional materials such as pens or caps. Whatever
method you choose, make sure you are pointing excited energy in
that direction. It will be reflected in the results!