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Really Useful Marketing Rules
Really Useful Marketing RulesAnd the Band Played On.Great post Geoff, I really got some laughs from this one; I've seen many instances where time is wasted to make a process for making the process. The problem is not the process it's the gigantic iceberg you just ran the campaing...
On Track
Senior management is placing increased pressure on marketers to justify their budgets, and is continually looking for the bottom-line benefit of brand building investments. At the same time, current tracking tools offer limited value. The article depicts that by delving into the next generation of brand tracking; marketers can improve...
Does Distance Still Matter? Geographic Proximity And New Product Development
This paper offers a new conceptual model of how geographic proximity affects new product development outcomes. However, rather than taking cluster theory's assumed linkages at face value, an enriched theoretical explanation is offered that integrates cluster theory with research on electronic communication; inter organizational relationships, organizational learning, and new product...
Return on Marketing: Using Customer Equity to Focus Marketing Strategy
The authors present a unified strategic framework that enables competing marketing strategy options to be traded off on the basis of projected financial return, which is operationalized as the change in a firm's customer equity relative to the incremental expenditure necessary to produce the change. The change in the firm's...
Managing Brand Value Strengthens Business Health
From the executive summary: ‘A brand is a set of expectations and associations evoked from experience with a company or product. It is all about how customers think and feel about what the business or product actually delivers, from beginning to end. The customers are likely to have a positive...
What Marketing Wants the CEO to Know
If one asks senior executives what constitutes business success, profitability and growth are likely to be top-of-mind. Ask them to define the role of marketing in that success and one is likely to be met with shrugs or blank stares. Yet, marketing is a key contributor to profitability and growth...
Introduction to E-mail Marketing
The phenomenon of emarketing is, of course, the age-old practice of direct marketing remade in modern dress. “Direct marketing” is often used interchangeably with “direct mail.” But it can range from the catalog that arrives along with your letters and the advertisement inside your billing statement to the flyer slipped...
Principles of E-mail Marketing
"In the past few years, e-mail has burst upon the marketing scene with a great splash. What is it about e-mail that is so compelling? It could be the speed with which e-mail is sent and received. Or it could be the high response rates that beat banner advertisements hands...
How to Select an E-mail Marketing Vendor
Given today’s economic uncertainty and budget constraints, many marketers have turned to e-mail as the medium of choice for communicating with their customer base. As more companies incorporated e-mail into the marketing mix, the number of e-mail vendors skyrocketed into the hundreds. To know more on the advantages of the...
Using E-mail Newsletters as Marketing Tools
"E-mail is ubiquitous. It is an undeniably effective method to conduct business communications. Obviously, when compared to traditional direct mail, the expense of e-mail messages is pennies on the dollar due to the high cost of print, postage and other production factors. More notably, the objective effectiveness of...
Affiliate Marketing Overview
"The system works by creating a sales force network rather than an expensive media or advertising campaign. The affiliate either shares in the revenue generated by sales, or earns revenue for providing sales leads. As a result that affiliate has a business interest in the success of the sales promotion....
Managing A Successful Affiliate Marketing Program
"What does it take to manage a successful affiliate marketing program? Thousands of affiliate sales partners? A big brand name? The highest commission rates in your category?Although each of these elements can certainly have a positive effect on your program, the ultimate success of an affiliate marketing program is based...
Internet Marketing Overview
The Internet is now considered American’s greatest 20th century gift to the world. What began in the late sixties as an alternative communication channel for the military has quickly developed into a complex business and economic system. " " ...
Branding on the Internet
Bonding brands with customers has always been about building relationships. It has always been about taking someone who knows little or nothing about a company or its products and transitioning them to become a loyal user. Although the tactics might sometimes be different on the Internet, many classic marketing principles...
Maximizing Return from the 80-20 Rule
"Vifredo Pareto, an Italian economist, formulated this well-known principle in 1895: ""In any series of elements to be controlled, a selected small fraction in terms of number of elements almost always accounts for a large fraction in terms of effect."" Read on to know more. "...
Principles of Market Segmentation
For most business firms, locating and specifically targeting unique market segments is both a reality and a necessity in today's competitive marketplace. In North America, for example, the assumptions of the mass market no longer hold true for most businesses and product categories.
Why Engage an Outside Marketing Research Supplier?
Outsourcing has proved a valuable resource in many industries for delivering on short-term, specialized projects without stretching internal staff to the breaking point. Marketing research is certainly no exception.
The Seven Stages of Effective Survey Research
Organizations today rely on survey research to learn much-needed business intelligence. Surveys can help you understand customer preferences about a particular product, gauge employee satisfaction, identify market opportunities and much more. Read on for further details.
Choosing a Public Relations Agency
Even among some professionals, public relations is a misunderstood term. As it is most commonly applied, PR means creating, shaping, publicizing, enhancing or changing public attitudes and perceptions. It is a part of the marketing mix of disciplines. In some cases, it may be the only marketing that will be...
Marketing Strategy Overview
In order to continue to thrive, companies must acquire and keep customers. Because it is the only business function that deals directly with customers, marketing and sales has become an area of increasing focus for companies of all sizes.
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