In an increasingly
volatile world characterized by tumultuous change and sweeping transformation
of the business environment, business leaders and policy makers need a set of
strategic planning tools that can enable an organization to perceive and react
effectively to change.
Scenario based on
strategic planning incorporates a broad range of views into strategic
decisions- both now and in future. This in turn gives business leaders and policy
makers the tools they need to gain both an immediate impact and growing
advantages.
Oliver Wendell Holmes said, "The great
thing in life is not where we stand, but what direction we are moving." No
matter what business you work in, a "business as usual" mindset will
insure your competitors are making more money than you are. If you don't stand
out from the competition you may find yourself stood up by your customers. Now
more than ever you have to focus, improve, and possibly even change what you do
to attain, retain, and maintain customers.
In simple terms marketing is traditionally
described with four Ps: product, price, place and promotion. But now who uses
the old handmade potter utensils. With the change in time one has to adapt new
techniques and skills. Marketing has taken a step forward with a new set of
four Ps that can enhance engagement strategies to retain long-standing
relationships as well as acquire new profitable customers.
·
Planning is the foremost thing for a
successful business. Setting up the goals and achieving targets on time is
another efficient and productive thing for the company’s growth.
·
Perspective.
Analyzing
and generating the data with a fresh perspective. Market research and taking
feedback about your brand helps the organization to work with a fresh
perspective by bringing new things out which also creates curiosity for the
consumers.
·
Purpose.
Understanding
your brand in order to promote and position it correctly to the right segment
of customers will help create loyalty and reassure risk-averse customers. Start
by understanding how your brand promise resonates with the most attractive
segments of your customer base, which can be done through activities such as
focus groups, surveys or customer forums.
·
Path.Path
is where one practices and stands firm by building new blocks step by step.
With today’s scenario building up yourself strong on a bigger platform one has
to be indispensible in eyes of all. Social media, PR, Advertisements, etc…
helps to sustain and grow.
·
Proliferation.It issaid
if one is learning than one is growing. Taking advices and guidance’s from the
experts can help in developing in fast changing scenario.
Each business has ups and downs, but having a
strong determination and conviction to stand up again can raise the
organization in a short span. But the question is How? There are few key points
for setting up the marketing strategies and creating a win-win situation.
·
Designing and executing your
learning strategy. A learner is always a victor.
·
Win small but fast. More work…
more winnings…
·
Find the power. There is always a
hero in every organization. Examine one raise many.
·
Assessing the right partners.
Indulge… Be a support to each other.
All organization wishes for growth in terms
of profit. In the hustle and bustle of enterprises a buyer gets confused… which
brand one should choose. Few consumers are rigid and sticks to their old brands
whereas growth of new brands are not possible. Its important to build trust
first interacting with customers and knowing your target audience.
·
Think big and audit your time. No matter the size of your business, place a mental image in your
mind as if you are the largest and most successful person in your industry. How
much time is consumed by routine office work someone else should be doing?
Spend more time with more important tasks such as marketing strategies,
improving customer relations, and implementing new strategies to expand your
services.
·
Build relationships with your customers. For each month that goes by, customers
lose 10% of their buying power. Create a customer database and contact them on
a regular basis. Mail them a postcard, birthday card, sales flyer, newsletter
etc. to keep your name, phone number, and service on their mind.
·
Collect E-mail
addresses. Get permission from your customers to use their
E-mail address. Periodically send updates and notices to your client list. As
long as you have their permission and avoid overuse, E-mail can be a powerful
and inexpensive marketing tool.
·
Feedback. The most effective way which gives
you a sense of realization of that you are growing in your respective
organization is by receiving feedback from your clients.
Fallen flowers can’t
grow back on tree but new flowers can certainly grow. Business in not about
what we couldn’t do so far. Its about what we still can do. It is you who will decide
a game plan to remain in the battle. Your customers are looking at you. Are you
responding them?
So it’s time to standup like never before. Think Big and Act Even Greater!!! Get set Go….
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