In-shop Marketing consultants in navi mumbai

Becoming Marketing Active: The Fulcrum Guide to Getting Started with Business Marketing –  In the first part of our guide to becoming marketing active In-shop Marketing consultants 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…  

In-shop Marketing consultants in navi mumbai

Media Kit For Your Small Business

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Super Heroes never seem to go out of style and it’s mainly because  people will always be intrigued with having super human powers. But even Super Heroes rely on tools of their trade. Captain America has his trusty shield, The Green Lantern has his ring and Spider Man has a wrist gadget that allows him to shoot special web fluid.

As authors, speakers and entrepreneurs – a Media Kit gives us the power we need.

Media Kits, help you tell the world – not just journalists – the relevant details about your business, book or brand. Developing a great Media Kit can help you leverage the power of the media and also promote your products and services.

Here are some more reasons they’re important to your business.
  1. Provide information.

A media kit is a powerful packaged document that provides information about your products, services or business. Used mainly for launches at events, a media kit provides editors, journalists and reporters a snapshot of your business – who you are, what you do, who you have worked with, etc. It’s an attention-grabbing point of reference from which editors, journalists and reporters decide whether or not they’ll interview you about your business. Additionally, a media kit allows you to answer questions being asked about what you do, as well as create a buzz around your business.

  1. Build credibility.

Creating a media kit is one of the best ways to build credibility for your business. It presents a lasting first impression on media representatives and shines a professional light on your business. Not only does a media kit allow you to demonstrate your expertise, it gives you an edge over competitors who neglect having a media kit for their business and builds trust with the media, influencers and potential clients.

  1. Demonstrate value.

A media kit presents an opportunity for your business to demonstrate its value to the media and potential clients. Editors, journalists, reporters and potential clients want to know your business’ purpose, how you can provide a solution to their problems, and why they should invest in you/your business. A media kit tells the media and potential clients why they should choose you.

  1. Demonstrate growth.

As a business is established, it evolves over time as it seeks to acquire and retain more clients. Utilizing statistics in a media kit demonstrates your business’ successes, as well as its potential for further growth. In essence, a media kit provides a track record for your business and shines a light on its potential for further success.

  1. Encourages investment.

In addition to telling media representatives and potential clients about the products and services you offer, a media kit tells them how to purchase these solutions for their needs. As a one-stop shop for all information about your business, a media kit informs media representatives and potential clients the ways in which they can buy from you (order form, direct link, etc.). This prevents the need for one to go searching for information or an easy way to invest in your business.

Knowing when and where to send your kit is also crucial. Before sending it out to everyone in the media, spend time researching publications and media outlets to know which ones are most likely to cover your company. Be sure to include a personalized email to each journalist to introduce yourself, the company and explain what the media kit is for. This will help you to make a connection with the person you’re trying to reach, rather than sending them the exact same media kit you may be sending 100 other journalists.

Media kits don’t need to be used all of the time, but sometimes they do have their place in the world of public relations. A really great media kit helps take your brand, your book and your book launch to another level.

 

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