There is a wide variety of ways to get your marketing message in front of your prospects, more than ever, in fact. You can go the traditional advertising route and stick ads in newspapers and on billboards, or you can try more modern and ever-evolving tactics like SEO and content marketing. Whatever route you head down, you need to figure out what channels you’ll be using in order to turn your audience into prospects and then into customers.
Porter's approach was the dominant paradigm throughout the 1980s. However, the approach has attracted considerable criticism. One important criticism is that it is possible to identify successful companies that pursue a hybrid strategy - such as low cost position and a differentiated position simultaneously. Toyota is a classic example of this hybrid approach. Other scholars point to the simplistic nature of the analysis and the overly prescriptive nature of the strategic choices which limits strategies to just three options. Yet others point to research showing that many practitioners find the approach to be overly theoretical and not applicable to their business.
Nicholas, you’re exactly right. Blogs are a great way to be seen as a thought leader. The two way dialog – just like these comments – are great conversations. The trick is writing valuable content and participating in the online community. A lot of people start blogging and never get an audience. They don’t realize that people just don’t magically appear at your blog, you have to cultivate new audiences and bring them to your site with insightful comments and posts.
Market nicher: The market nicher occupies a small niche in the market in order to avoid head to head competition. Their objective is to build strong ties with the customer base and develop strong loyalty with existing customers. Their market posture is generally neutral. Their strategy is to develop and build the segment and protect it from erosion. Tactically, nichers are likely to improve the product or service offering, leverage cross-selling opportunities, offer value for money and build relationships through superior after sales service, service quality and other related value adding activities.
Amen, Nick. To all of the above. In particular, though, my mantra (and at this point i should have it tattoed on my forehead) “perception is reality.” that’s both the good news and the bad news. the good news is that we are all in control of how we are perceived, and that’s where individual branding plays such a critical role. nothing is arbitrary/leave nothing to chance! Go-To-Market Strategy: The Simple and Easy Way
An effective brand strategy gives you a major edge in increasingly competitive markets. But what exactly does "branding" mean? Simply put, your brand is your promise to your customer. It tells them what they can expect from your products and services, and it differentiates your offering from that of your competitors. Your brand is derived from who you are, who you want to be and who people perceive you to be.
Are you looking for a playful, fun and creative design that’s also functional? Well, with its charming colour palette and strong use of type, this template might be just for you. Using a heavy typeface that contrasts beautifully against the deep purple backgrounds, allows for the most important bits of information to be highlighted and made incredibly easy to read, helping you get your message across in an instant. branding 101, understanding branding basics and fundamentals