trends in marketing and business development

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Trends in Marketing Management and Business Development ‘Creating new ventures’ Eduard Kruseman Senior Expert

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Page 1: Trends in marketing and  business development

Trends in Marketing Management and Business Development

‘Creating new ventures’

Eduard KrusemanSenior Expert

Page 2: Trends in marketing and  business development

A Changing WorldGlobalization;Information, technology oriented society;Companies feel responsibility for society and environment (CSR); More transparency, accountability and openess

Page 3: Trends in marketing and  business development

CustomersChoose products and companies that satisfy deeper needs for creativity, community and idealism;Are more aware, more active, and more powerful than ever before;Are ‘value’ driven;Realize that their purchasing power has a global impact;

Page 4: Trends in marketing and  business development

CompaniesRealize they must reach these highly aware, technology-enabled customers. The old rules of marketing won’t help them to this;Companies must create products, services and corporate cultures that inspire, include, and reflects their customers’ values;

Page 5: Trends in marketing and  business development

Conclusion (1)A change from product- and consumer-based marketing to a holistic approach to customers as multidimensional, values driven people and potential collaborator;Branding is ‘complementary’ to poverty alleviation, socio-cultural change and environmental sustainability;

Page 6: Trends in marketing and  business development

Conclusion (2)New wave technology enables connectivity and interactivity of individuals and groups;Its major forces are:

1. Cheap computers;2. Low-cost internet;3. The rise of social (Facebook) and

collaborative media (Wikipedia)

Page 7: Trends in marketing and  business development

Building Blocks of Marketing

(the character of marketing has changed)

What to offer

ContentCollaborative Marketing

The Age of Participation(the stimulus)

Context Cultural Marketing

The Age of Globalization (the problem)

How to offer

Spiritual Marketing

The Age of Creativity(the solution

Page 8: Trends in marketing and  business development

The Future of MarketingThe classic model of marketing will still have some relevance;Changes in the business environment will continue a massive shift in marketing practises;Trusts exists more in horizontal relationships than in vertical relationships

Page 9: Trends in marketing and  business development

The future of MarketingThe disciplines of marketing

Today’s Marketing Concept

Future Marketing Concept

Product management

The four P’s (product, price, place, promotion)

Cocreation

Customer Management

STP (segmentation, targeting and positioning)

Communitization

Brand management

Brand Building Character building

Page 10: Trends in marketing and  business development

Marketing the Mission / Values

Consumers are the new brand owners;Good mission defined;Values will do you good;More focus on sustainabilityShared values and common behavior;Story that moves people;Higher corporate brand value;Marketing the values to all ‘stakeholders’;

Page 11: Trends in marketing and  business development

Corporate Communications

Expanding role for Corporate Communications;More attention on reputation management;More integrated communicationsReshaping PR and Marketing;Social Media is a significant element encouraging integration(Prweek / Hill and Knowlton Corporate Survey 2010)

Page 12: Trends in marketing and  business development

Business Case for Marketing

Changes in the business landscape emphasize the importance of sustainability;Adoption of sustainable practises will improve corporate brand value and to higher revenue growth;The corporate vision should embrace the concept of sustainability;

Page 13: Trends in marketing and  business development

Marketing to the post-growth market

Social causes are an opportunity for growth and differentiation;Companies start to link their cause to their products;A move from philanthropy and cause marketing into socio-cultural transformation;

Page 14: Trends in marketing and  business development

Three steps to transformation

1.Identify social cultural challenges

2. Select target groups

3. Offer Trans- formational Solution

Identify current and predict future challenges

For immediate impact: select groups as middle class, women, elderly

Provide behavior changing solutions

Challenges may include wellness, education, social injustice

For future impact: select children and youth

Aim to more collaborative, cultural and creative transformation

Page 15: Trends in marketing and  business development

Unilever Business Strategy (1)

Focusing resources on brands, categories and countries with the highest potential;Strong approach / commitment to Sustainability.Unparalleled footprint in the developing world helps fuel growth.Strong portfolio of foods, home and personal care brands is trusted by consumers the world over.Strong governance structures to manage social and environmental responsibilities.

Page 16: Trends in marketing and  business development

Unilever Business Strategy (2)

€89m invested in community programmes worldwide in 2009.Food industry category leader in the Dow Jones Sustainability World Indexes for the 12th year running.€891m spent on R&D worldwide in 2009.

Page 17: Trends in marketing and  business development

Unilever Business Strategy (3)

Supporting Local Businesses & Micro-enterprise;Supporting Education & Development;Initiating projects on sustainable agriculture;Contributions to the communities where Unilever operates.

Page 18: Trends in marketing and  business development

Enterprise Solutions to Scale (1)

(Shell Foundation Strategy)

Scale means different things to different people;Delivering cost-efficient solutions that impact large numbers of beneficiaries in multiple locations in ways that are ultimately financially viable and sustainable;

Page 19: Trends in marketing and  business development

Enterprise Solutions to Scale (2)

Focus on (global) development challenges on energy, poverty and environment;Business-based thinking essential for solutions that are sustainable and scaleable;Linkages to (Shell and) partners;

Page 20: Trends in marketing and  business development

Enterprise Solutions to Scale (3)

Strategic partnerships:1. EMBARQ, sustainable solutions to urban

problems in developing mega-cities;2. ENVIROFIT, Reducing indoor air

pollution through the sclae of improved cookstoves;

3. GroFIN, Sustainable job creation through supporting SME sector development in Africa;

Page 21: Trends in marketing and  business development

Enterprise Solutions to Scale (4)

Lessons learned:1. Achieving scale and of impact and

sustainability is associated with newly created entities (Angel Philanthropy);

2. Creating scaleable and sustainable enterprises requires building core capacity (building sectoral pioneers);

3. From subsidy to earned income (market based approach);

Page 22: Trends in marketing and  business development

Twitter: The new mobile marketing?

(1)How can you use Twitter for best effect?;How do you respond to tweets that ask questions you don’t want to answer?;Are other social media more appropriate for what you want to do;Why would anyone want to follow your corporate Twitter profile?

Page 23: Trends in marketing and  business development

Twitter: The new mobile marketing?

(2)Twitter moves from early adaptor to early majority group;The Twitter community will become more open and perceptive to marketing activities that deliver value to them;The biggest opportunity might lie in direct response; The company can use direct response to begin a relationship with the customer;

Page 24: Trends in marketing and  business development

Resource Requirements (1)

Management of your resources a key factor to success:

1. People;2. Financial resources3. Assets;4. Business Plan

Page 25: Trends in marketing and  business development

Resource Requirements (2)

Today acces to financial and non financial resources is greater than ever before and is increasing because of the internet;Selecting outside advisors and other professionals should create added value through their know-how and networks;

Page 26: Trends in marketing and  business development

Resource Requirements (3)

www.gmarketing.com : creative marketing tips to help you outside the competition;

www.score.org : source of free and confidential small business advice for entrepreneurs;

www.businessfranchisedirectory.com : searchable database of franchise information and opportunities;

www.businessplans.org : Business Resource Software

Page 27: Trends in marketing and  business development

Marketing Communication Manager (example profile)

The Marketing Communication Manager is the expert for the Dutch Matchmaking market. The focus lies on lead and revenue generation as well as brand management via a variety of on- and offline marketing channels.

Responsibilities will include: Annual development of a media plan;Contract negotiations with business partners as well as agencies to develop and optimize local activities;  Collaboration with the PR agency in developing and implementing a strategy;  Close collaboration with internal experts of various marketing departments at headquarters;  Responsibility for the control of the marketing budget;