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Marketing
& Sales Craig A. Steffen
If you ask any 10 people what their definitions of
marketing and sales are, youre likely to get a diverse group of answers. Though the
two disciplines are quite different, they are frequently grouped together as if they are
one and the same thing. As an Independent Marketing Professional, I often look through the
Classified Ads in my Sunday newspaper to see what opportunities may be developing in my
own community. More often than not, jobs posted as marketing are really sales
jobs. With all this confusion out there, what is the difference?
Quite simply, Marketing is primarily strategic and
Sales is primarily tactical. Strategy is a military concept that Webster defines as
the science of planning and directing large scale military operations, specifically
of maneuvering forces into the most advantageous position prior to actual engagement with
the enemy. Webster defines tactics as the science and art of disposing
military forces in action or in the presence of the enemy.
Of course these words have come to have many
non-military applications. In business, the war is the quest to sell as much
product as possible and, in the process, to maximize profit. The enemy is any
alternative to our product. No country would go to war without spending much time in the
war-room with their most experienced leaders to create a plan to defeat their enemy. So
too, no company should go to market without a plan to defeat their competitors. The
creation of the strategic marketing plan takes place prior to the product release
this is the primary work of marketing professionals. The tactical execution of the
strategic plan takes place in the trenches in the presence of customers and competitors
and is the primary work of sales professionals.
So what does a good strategic marketing plan include?
Every product is unique from every other product, so one cannot create a one-plan-fits-all
strategic marketing plan. However, speaking generally, a good strategic marketing plan
should address the following questions:
- What is the problem or opportunity our target customers
wish to solve or address?
- How is this problem or opportunity being solved or
addressed by the customers now?
- Does my company have the expertise and desire to solve
this problem or take advantage of this opportunity?
- How does the product we contemplate fit within my
companys current product offering and our current corporate culture?
- How much are my customers willing to pay for the
product solution we create?
- How many of these product solutions will my customers
likely purchase?
- How will we position this product solution vs. the
alternatives that are already available to our customers?
- How will we protect our creation from competitors
(patent, copyright, trademark, servicemark, trade-secret)?
- What will be the likely responses from our competitors
if we launch this new product solution?
- How do our customers prefer to purchase this product
solution (direct sales, distribution, salespeople, independent reps)?
- Do these channels change from one country to the next?
- What are the features of the product solution that are
essential for its success?
- What are the specific benefits for the customer if we
include these features?
- Will the features and benefits differ from one country
to another?
- How will we communicate the availability, features and
benefits of this product solution to the customers (literature, e-commerce, print
advertising, education, TV, radio, video, CD)?
- What will be the launch strategy that gains the fastest
and most enduring entry into the market?
- What are the risks of pursuing the development of this
product solution?
- What are the benefits?
- What are the things that must go right in order for
this product solution to succeed?
- Are their legal or regulatory issues that must be
addressed before going to market?
- Do we need partners or alliances to maximize the
success of this product solution?
- What are the anticipated financial results? What if we
sell half as much? What if we sell twice as much?
- What is the shape and length of the product life-cycle
curve?
- How will we measure our success?
- What will be our strategy for continuous improvement?
If your companys written product planning fails
to address these critical issues, perhaps it doesnt meet the definition of Strategic
Marketing. Paraclete Consulting can work with your staff to create and execute an
effective Strategic Marketing Plan. |