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 Leads marketing and sales to stress technology (but that’s fairly equal across products)  Underemphasizes the need to focus on superior value of SOLUTIONS.

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Presentation on theme: " Leads marketing and sales to stress technology (but that’s fairly equal across products)  Underemphasizes the need to focus on superior value of SOLUTIONS."— Presentation transcript:

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2  Leads marketing and sales to stress technology (but that’s fairly equal across products)  Underemphasizes the need to focus on superior value of SOLUTIONS  Distracts from leveraging knowledge of DIAGNOSTICS, ADVICE and PROBLEM-SOLVING In your own words, tell a partner what is the problem with the traditional 4Ps (for B-B)?

3 PRODUCT SOLUTION PLACE ACCESS PRICE VALUE PROMOTION EDUCATION

4 Define needs met instead of features, functions or technical superiority Moto (new Motorola phone)  customizable,  don’t have to touch it to have it listen to you, don’t have to “wake the screen”  have a day without worry about re-charging!

5 cross channel presence—across all parts of purchase journey  magazines,  online,  store,  service (returns, etc.)

6 Value relative to price (think Coach)! NOT how price relates to costs, profit margins or competitors’ prices. Tell a partner why Coach is a good example of marketing value relative to price.

7 Don’t just rely on  Advertising  PR-public relations Do provide content that is relevant to customers’ specific needs. Target DIY add color to college dorms Target Best Year Ever

8 Trends Intuit Content Marketing Forbes on Content Marketing Examples of Content Marketing GE EcoImagination Lockheed Martin Boeing Youtube Channel

9 1. Encourage a solutions mind-set, not a focus on technologically superior products. 2. Ensure organization is truly customer-centric and focused on solution, access, value and education. 3. Collaboration between marketing/ sales and the development/delivery. Solutions based on specific customer needs.

10  Gary Briggs, who was formerly the marketing chief at Motorola Mobility, has been hired by the social-networking giant Facebook to lead the company's marketing efforts  Gary Briggs formerly served as Motorola's CMO after Google completed its $12.5 billion acquisition last year


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