Preview

Developing Market Strategy

Satisfactory Essays
Open Document
Open Document
733 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Developing Market Strategy
6/7/13

Marketing & Advertising Strategy & Campaign Development - Gilleard Market Research

Marketing & Advertising Strategy & Campaign Development
We help clients launch and build brands through a comprehensive process to create an overall marketing strategy that will guide them toward success. We provide the data to create effective marketing campaigns and write marketing plans. The below steps can be included in strategy and campaign development.

Preliminary Res earc h & Interviews
Before we even get going, we make sure we understand fully your business and marketing objectives and get from those who know best what is going on currently with your brand. This is done through extensive interviews with key staff, marketing and sales analyses as needed and a complete study of your product or service, company background and history and your industry.

Competitive and Trends Res earc h
What other similar products or services are doing in the marketplace, who people are using, what are the methods of marketing and sales they use, what they are saying. This is also a vital part of defining a positioning which will be successful for your brand. Identify market opportunity.

Targeting
Key to effective marketing is to find the correct markets, split by demographics or lifestyle, you can market to most successfully. We use various techniques to isolate this information.

N eeds & Wants Res earc h
We use a mixture of in-depth (qualitative) research and surveys to find out what your target markets really need or desire; what their motivations are, what they are planning on doing, where they would go, where they are already going to get your type of product or service, what would get them to switch and more! This includes getting what you can say in your headlines and messaging that will get response.

Pos itioning
Vital in today's busy and challenged marketplace is to have a positioning (position in the marketplace compared to other products) that will

You May Also Find These Documents Helpful

  • Powerful Essays

    Mktg522 Course Project

    • 8188 Words
    • 33 Pages

    Identifying the specific target market is a crucial step in any marketing plan. The first step is to identify the problem, and then secondly illustrate how the proposed product or service will solve this problem for consumers. It must be easily identifiable so that the target market can clearly understand how the product and service would be beneficial. At the end of the day, K Girls Tasty Treats wants to be the answer to their customers’ every want and need.…

    • 8188 Words
    • 33 Pages
    Powerful Essays
  • Satisfactory Essays

    Mark3054 Notes

    • 2830 Words
    • 12 Pages

    Explore a new opportunity Check for any threats in the market Identify our strengths Identify or weaknesses…

    • 2830 Words
    • 12 Pages
    Satisfactory Essays
  • Good Essays

    Capital One Case

    • 553 Words
    • 2 Pages

    Primary Market research, and information-based strategy and testing to determine the right products and customers.…

    • 553 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Unit 3 P5

    • 1440 Words
    • 6 Pages

    To create a clear market positioning that can be tested. An example of a positioning statement is: To information systems managers, Microsoft is the brand of software package that provides the most value for the price because of added functionality, service and competitive…

    • 1440 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    1) what products sell the most: This would help the marketing department (for example) on targeting what items to push.…

    • 563 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Market research helps the organisation to identify the most appropriate marketing mix. The mix should consist of the right product, sold at the right price, in the right place, and using the most suitable promotional techniques.…

    • 1389 Words
    • 6 Pages
    Good Essays
  • Better Essays

    bus 330 week 5 final

    • 1767 Words
    • 5 Pages

    Once a marketer gets a grip on customers’ needs and wants they must design a marketing strategy. This is done by deciding on target markets and building gainful…

    • 1767 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Salt Lake City Doubt

    • 680 Words
    • 3 Pages

    Find out about your opponents - In education the last step of doing market research, allow me to ask you one query. How several are greatest sports teams it hockey, football, baseball, or what have you, prepare for their next game without studying their competition? I would guess not-a-one. I would also venture that they would-would lack a lot of games in the win category if they tried that route. Well here, in this situation, you happen to be the specialist marketer. As a way to get some "wins" under your belt, you'll need to take a look at your competition too. You do this by searching for some things.…

    • 680 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Plan Market Reserch

    • 2050 Words
    • 9 Pages

    I declare that this assessment is my own work and where my work is supported by documents from my vocational placement/employer permission has been granted.…

    • 2050 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Our research helps marketers answer three essential questions: how consumers spend their time, how consumers spend their money, and what marketers are doing to reach them. Empowered with this intelligence, our customers confidently make decisions about strategies, tactics and budgets.…

    • 652 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    By conducting market research and analysis of customer’s needs and expectations, an understanding of what the customers think about the…

    • 2186 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Market targeting: The process of evaluating each market segments attractiveness and selecting one or more segments to enter.…

    • 3316 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Reflective Statement

    • 528 Words
    • 3 Pages

    Other than interviewing the sales representatives, my group and I also did a research based from their websites and also by reading books. It is important so that we will have a broader view on the business environment and help us to write…

    • 528 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Marketing Takeaways

    • 672 Words
    • 3 Pages

    Market Segmentation, Targeting and Positioning The first takeaway is the concept of Segmentation-Targeting-Positioning. Once the production is set up, the characteristics of the product are well clear, the company needs to find the customer. We might be the best in the production or design of the coolest music player on the market, but if nobody is going to buy our product, we are going bankrupt. Market segmentation is that process through which the company decides where to sell the product. In which country are we able to reap the largest market share? What do customer need that we satisfy? Where is this need stronger? Market targeting is the actual choice of tailored market selected as outlet for our product. How do we address the customer in that market? Which is our pricing strategy? Which features do we want to underline? To which extent do we apply this specification of marketing is subject to our willingness to fit our image to each single market. Market positioning instead focuses on price. Look at competitors, where do we locate us? We have the right product but then will the right consumer for us value our good more then competitors’? What has struck me during the course and what I will carry in my bag to the office is the comprehensive approach to this issues. Having the right product is rather easy, every industry has thousands different perfectly working products, yet only four to five are able to conquer the market. It all boils down to these steps. In many companies this approach to the market is just messy and in the end consumers are not even able to give the product a good evaluation. An example of a correct strategy is Starbucks, who upon entering the Chinese market chose which segment of the market to target and how to position its brand among competitors. The lesson to learn here is one of the important ones. Integrated Marketing Communication The second takeaway is the concept of an Integrated Marketing communication. You…

    • 672 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Harsh Pratap Singh

    • 584 Words
    • 3 Pages

    Giving NICHE Ideas for brand promotion to our clients by doing Market Research about their competitors.…

    • 584 Words
    • 3 Pages
    Satisfactory Essays