effective marketing for smes
DESCRIPTION
The slides showcases some effective modes of marketing for SMEs and startups.TRANSCRIPT
© 2011 | www.jademagnet.com
EFFECTIVE MARKETING KIT FOR SME'S
Source - http://marcenriquez.com/wp-content/uploads/2011/08/shredded_20spot-223x300.jpg
© 2011 | www.jademagnet.com
Prioritize marketing vehicles
Outbound Marketing
Direct MailersEmail BlastPrint Media MarketingTelemarketingTV/Radio advertisementsTrade showsConferences/Events
Inbound Marketing
BloggingWebinars & PodcastsSocial MediaSearch Engine OptimizationRSS
Low cost, scalable, more efficient
Budget centric, more effort, less efficient
© 2011 | www.jademagnet.com
Prioritize your customers
Source - http://cccbuzz.exbdblogs.com/files/2011/01/Building-Learning-Strategies.jpg
Most SMEs know 80% of their profits come from 20% of their customers!
FOCUS on THEMLOWER SALES COST
Most forget that 80% of their losses come from 20% customers
FORGET THEMHIGH on INVESTMENT
© 2011 | www.jademagnet.com
Strategy orientation
Source - http://www.metcalfmurdock.com/images/hp_image7.jpg
Target more markets to reach out to more people with low cost marketing
Ensure you don’t lose customer centricity in your product
Positive corporate communication(give more “good news” to portray confidence)
Tighten bonds with your team, vendors and partners – you are all in the same boat!
© 2011 | www.jademagnet.com
Driven through data and analytics
Source - http://www.thriveanalytics.com/Thrive%20Analytics%20Data%20Analysis.jpg
Delve into your customer data, Segment & Analyze, Cross refer & sell across solutions
Cut activities for the customers who give marginal profits