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ITMA Marketing Workshop Effective Strategies for Business Development
Casablanca, Morocco April 25, 2005
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AGENDA Part One: Setting the Stage Part Two: Strategic Communications
Part Three: Effective Marketing Part Four: Ensuring Customer Satisfaction April 25, 2005
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THE SITUATIONAL ANALYSIS
PART ONE: SETTING THE STAGE THE SITUATIONAL ANALYSIS Allen Miller WITSA Executive Director
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THE SITUATIONAL ANALYSIS
Macroenvironment Market Competition Product SWOT April 25, 2005
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THE SITUATIONAL ANALYSIS – Macroenvironmental Situation
Define and analyze: Economy Technology Political/legal Social/cultural trends – education, lifestyle changes April 25, 2005
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THE SITUATIONAL ANALYSIS -
YOUR ICT MARKET Domestic vs. International Markets Market characteristics Market size: ICT spending and growth Buying-behavior trends Contracting environment April 25, 2005
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THE SITUATIONAL ANALYSIS – Market
How to appropriately identify your target market: Demographic descriptors – firm information, attributes of individual customers Geographic descriptors – define trade area Behavioral descriptors – benefits sought by the customer, usage rates, lifestyle April 25, 2005
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THE SITUATIONAL ANALYSIS –
KNOW YOUR CUSTOMER Develop a customer profile: Analyze business climate Commercial sector trends Government outsourcing trends Identify primary decision-makers Know your customer’s customer April 25, 2005
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CUSTOMER PROFILE FRAMEWORK
WHO – company, decision-makers, contact information WHAT – industry and sector, product line WHEN – product/service delivery and implementation WHERE – geographical location of company and their customers WHY – their needs and your added value HOW – marketing channels that will reach the customer April 25, 2005
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THE SITUATIONAL ANALYSIS – Competition
Develop a competitor profile: customer base, products or services, revenues, marketing strategies? Sources for information: marketing materials, employee and customer networks, news releases, prior knowledge Continually monitor competitive landscape on a periodic basis April 25, 2005
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THE SITUATIONAL ANALYSIS – KNOW WHAT YOU ARE SELLING
Determine and prioritize customer needs Identify the benefits of your products/services in meeting customer needs Know where your products/services rank in the competitive landscape April 25, 2005
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EXERCISE: SWOT ANALYSIS
Conduct a SWOT analysis that identifies your company’s internal strengths (S) and weaknesses (W) from the perspective of the products/services offered and examines external opportunities (O) and threats(T) April 25, 2005
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STRATEGIC COMMUNICATIONS
PART TWO: STRATEGIC COMMUNICATIONS Cindy Hwang WITSA Marketing Director April 25, 2005
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COMMUNICATIONS OBJECTIVES – Your Brand
What do you want the customer to know? What do you want the customer to do as a result of the acquired knowledge? April 25, 2005
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MARKETING MIX Specify goals and objectives for the 4Ps:
Product/Service Place/Distribution Promotion Price April 25, 2005
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KEY MESSAGES Use clear, concise, and compelling language
Identify your deliverables State the derived benefits Be persuasive April 25, 2005
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MARKETING TOOLS Identify effective media channels
Newspapers and magazines Radio Internet Identify effective promotional tools Examples of marketing collateral April 25, 2005
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EXAMPLES April 25, 2005
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EXAMPLES April 25, 2005
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EXAMPLES April 25, 2005
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WEBSITE LAYOUT April 25, 2005
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EXERCISE: THE ELEVATOR SPEECH
Craft an elevator speech that explains your company, differentiates your products/services from competitors, and showcases your strengths in meeting customer’s needs. April 25, 2005
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PART THREE: EFFECTIVE MARKETING
Tom Chesney Computer Frontiers April 25, 2005
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Promoting Your Company
Taking Company Image to Personal Level Importance of Personal Relationships Strategic use of Founder/President Showcasing Talents of Company Team April 25, 2005
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Strategic Use of Founder/President
April 25, 2005
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Showcasing Your Company’s Resources
Identifying Options for Developing Trust While Demonstrating Corporate Assets Software/Hardware Demonstrations Visit to Site Installation Presentations to Reinforce Key Messages Case Studies April 25, 2005
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Creating a Vision Engage the Customer in a dialogue on:
The Customer’s Business Needs How Company Will Help Meet Customer Needs Critical Success Factors Performance Metrics Competitive Advantages April 25, 2005
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ENSURING CUSTOMER SATISFACTION
PART FOUR: ENSURING CUSTOMER SATISFACTION April 25, 2005
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STAFFING CONTINUITY Plan for maintaining talent on the sales and delivery teams Prepare for future transition issues April 25, 2005
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ONGOING COMMUNICATIONS
Plan for regular communications One-way and two-way dialogue Follow-up phone calls or s Establish an ongoing relationship April 25, 2005
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REGULAR PERFORMANCE METRICS
Customer surveys Feedback Satisfaction surveys Evaluation surveys Cisco’s customer satisfaction survey April 25, 2005
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PERFORMANCE METRICS – THE CISCO EXAMPLE
“The Annual Customer Satisfaction Survey is conducted via the Internet and lets us collect feedback from customers worldwide. Results are made available to all Cisco employees to foster quality improvement and to provide a point of reference where we may need to employ resources more productively.” April 25, 2005
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TECHNOLOGY REFRESHMENT
Outline plans for introducing new technologies Thought leadership in deploying in the latest technologies Smooth conversions from old to new April 25, 2005
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Thank You Merci! Allen Miller – amiller@itaa.org
Cindy Hwang – Tom Chesney – April 25, 2005
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