in simple terms
Posts tagged Marketing Management
Marketing Training
Jun 4th
Marketing Training – Marketing Management Courses
Here is a list of marketing tips which can be encouraged by your staff through informal marketing courses and courses:
One of the most powerful yet least used ways of increasing sales is by selling to your existing customers. Your current customers already know you have a great product and they are ready to buy. Don’t let customers forget about your company.
Email – Keep your customers on an email list. Use your email lists to send regular emails. Keep customers up to date with leading edge updates and techniques.Make use of one of the best selling tools available – the coupon. Special customers can be sent unique discount codes or promotional items. Marketing like this, can give sales a quick shot in the arm.
Add-on Sales – Use add-on sales to increase your profits. When a customer is checking out on your website usesimple e-commerce strategies to recommend an up-sell. Create add on sales for similar items. For example if a customer is making a purchase of a printer from your site use add-on selling to suggest printer cartridges or paper products. You’ll be surprised how influential this simple techniques can be. Don’t forget this highly More >
What are some good marketing websites to sign up for promotions with?
May 2nd
I also want to know how to break into the field of a traveling tour or marketing management. Help!
Mjh Group: Marketing Strategy & Marketing Management
Mar 12th
How much should I spend on marketing?
This is a common question that marketing consultants gets asked on a regular basis.
The simple answer is that there is no hard a fast rule – it depends on the competitive environment, the stage of business development, the product or service category and the balance of advertising designed to promote the brand vs advertising designed to generate a specific response.
As a result of these factors, marketing budgets are best set based on careful analysis of a number of factors as part of a Marketing Strategy not via the often used % of sales method.
If you are looking to develop a deeper understanding of your marketing budget then there are two good places to start.
Brand Awareness- Analysing the level of advertising that is appropriate to reach your target markets with appropriate levels of frequency and credibility
Specific Response – Analysing the response and conversion rates you are achieving from various forms of advertising
Brand awareness is a direct product of the Marketing Strategy – by identifying the key target markets and having an understanding of the competitive environment it is possible to establish a picture of the level and types of “brand” advertising required to generate awareness More >