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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Would you build a house without a plan ? You don’t build a business without a marketing plan; Objective Tasks- research, implement 4 p’s into marketing mix Situational analysis, swot, Competitor analysis, target Do by dates BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Identify the need for a marketing activity; To launch a new product/service Client analysis and retention To revitalise an existing product/service To improve market share/sales and subsequent profits To re position a firm, brand or product BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) What marketing activities has the firm undertaken before and how successful were they? New product design, trade show or new promotional strategy ? BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Identify profile of segment market to target Geographic, demographic, psychographic and behavioural segmentation BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) What Marketing activities can a firm undertake in the future?; Trade shows Product launch Utilise various forms of; Media or media vehicles BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Develop media releases, articles on company, product or background Telephone promotions Online promotions BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) How to identify and monitor OUTCOMES from marketing activities; Increased customers enquiries Develop procedures for follow up- swamped response BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Increased customer data base Customer Relationship Management Implement marketing information systems (MKIS) BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Increased sales and subsequent service level Increased inventory requirements =Increased working capital BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Examples of Marketing Activities; Marketing isn't as simple as paid advertising on television or in newspapers. Marketing is any technique used to make the public aware of a company and what it has to offer over its competitors. The variations of marketing activities are vast and encompass almost every kind of media and company-initiated outreach. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Cold-Calling Whether they call current customers or members of the general public, companies often simply call people up on the phone and offer them services. Although a company may not make a sale as a result of most of these calls, some calls will be successful, and brand loyalty is reinforced in existing customers even if they don't buy anything new. People who were previously unaware of the company might have their interest piqued by the call. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Newsletters and Articles Sending out a newsletter that announces new happenings in the company, as well as informative articles about the company's industry, are other ways to get the company's message out. Companies might use either an established list of customers and periodically out the publication, or they might publish articles in other media with which they have no obvious connection — for instance, a financial expert with a weekly advice column in a local paper in which she invites inquiries from readers has the intent to drum up business. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Search Engine Marketing Creating a website that's among the top results on search engines is another way of marketing services and products. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Businesses structure their websites and infuse them with keywords and phrases. Designed to maximize their search engine ranking and garner the greatest volume of customer inquiries. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Trade Shows Good for entrepreneurs looking to find retailers to carry their product, trade shows are a form of business-to-business marketing. Owners purchase booth space and sell units of a particular item, sometimes to members of the general public but also to those who can get them shelf space in a large-volume retailer. Even if an entrepreneur doesn't sufficiently impress a retailer at a trade show, the number of units sold to everyday consumers might be enough to convince retailers later on to stock the product. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Product Placement in Entertainment Moviegoers and online game players often notice products from a part of the script or scene. Companies pay for this privilege: They agree to a payment scheme in return for the marketing benefits that come as a result of a Hollywood star using their product. The same is true of video games, where everyday players navigate through a world populated with products they can find in their local store. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Outcomes from Undertaking Marketing Activities How does a company satisfy the level of new customer enquiry? Increased interaction with NEW consumers either B2C or B2B. BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Physical; More staff, more space, more equipment Compliance to legislation ( IR laws) Is there a better way?- can it be outsourced?, can KPI targets be met? BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Implement systems for potential new clients and new Technology for existing customer retention via, Quality assurance programmes BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Introduce new/updated software New level of staff required- training More power electricity and IT connectivity BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) Detailed potential follow up for new customer enquiry BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) The need to implement new technology to stay in touch e.g.; Anniversary of purchase Product update BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) What are the best/cheapest methods for your company to reach your target market. What does your target market use to be connected- hearing, seeing and feeling. What are the best /most effective ways to get Your message across to your target market TV, publications or internet BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) BSBMKG414A Undertake Marketing Activities
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Apprentice to Business Owner Program (A to B Program)
Northern Beaches College – Business Services Apprentice to Business Owner Program (A to B Program) BSBMKG414A Undertake Marketing Activities
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