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Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Some Principles of Marketing in real-world situation



One vital ingredient of any successful company is their marketing strategy; whether the approach is traditional marketing or online marketing, the goal of telling your customer that you have a product that is for sale; it is also a make-or-break to the company whether the product will be successful or not.

I got this book regarding the principles and I definitely agree on it; here are some principles — well it is not official though — that are applicable and already proven in real-world situation which every decision must take it very seriously and can be apply also to your company:

1. Your customers aren't listening to you

As a marketer, you are more eager to make sales as your customers are making purchases. Usually, customers couldn't care less about you and your product and at the same time some of them are not interested to participate on any marketing program which you created. The key on this principle is communication and motivation to the potential customer who are very busy thinking about anything besides your message.

2. Being good is not enough — you have to be better

The world of Marketing — whether online marketing or traditional marketing — is a highly competitive field. You'll compete for shelf space, customer attention, and for sales and customer loyalty which is very difficult to retain this present times because customers are offered many options. The important ingredient on this is Innovation which some countries (like Philippines) are not particular with it. Innovate in how you produce and distribute you product in order to make it better and convenient for consumer. You need to do all this things, if not, your competitors will definitely eat you alive. It is not that marketers must reinventing themselves from time-to-time but they have no choice because of competition.

3. Marketing should be the most creative part of any business entity

This can considered as the most important ingredient of a successful marketing in every companies; times like this creativeness is an attribute or asset that is difficult to find. You know why? Simple, nobody invents a new product, writes a captivating advertisement, or even design an awesome event by following instructions or crunching numbers. Take note, simply you need to have a starting point for you imagination; you must have something unique and creative.

FYI, in marketing, everything you do must be unique. You cannot run the same ad over and over again, sell the same product year after year, or even use the same sales pitch on every customer or even client. The work of marketing department is constantly changing and evolves. On one book, the principle of Marketing is more than an art and science.

This is the reality which I think it is a challenge in every companies or any organizations; they will just run marketing as if marketers are just another bunch of bean counters. In reality, marketers — especially this time — doesn't have any formal training in creativity before taking marketing position which I think it is common today. Marketers need to swim against the stream in order to do good, creative marketing.

4. Marketing should be the most logical part of your business

This will oppose on my post above, do take note that you can't succeed just being creative in marketing. Great marketers are part artist and part scientist. They usually come up with a brilliant insight into what their customers need, and write it down in a least expected places — also known as EUREKA — in order to remember. The will head up to the office building and try to test the idea through customer surveys, test markets, sales projection, and more.

5. Everything is marketing

Everything your company does is marketing — that's the reality, in the sense that everything has the potential to influence customers and either increase or hurt sales.

Take note that this principles are applicable on online marketing and traditional marketing and it is not thought in schools.

Brand Awareness startegy in cement industry used by CEMEX Philippines

Brand Awareness startegy in cement industry used by CEMEX Philippines
One of the most least expected industry that will embrace advergaming in my opinion would be the cement industry.

Brand Awareness startegy in cement industry used by CEMEX Philippines
But in the recent Philconstruct expo happened in the Philippines, CEMEX is the only one company embrace this brand awareness approach, where the impact of decision making of the customer and clients today are through social media channel. Home builders are into technological embrace, where building one house or property is through the use of computers

Waveplay Interactive, a Philippines based company provided the channel which CEMEX is looking for. The said company developed games CEMEX waveplay catcher, Cemex Chant game, and Cemex racing game.



My observation on the said event the only booth that is very interactive is the booth of CEMEX; I've noticed visitors usually stopped and observe the activities; some of them are very interested to participate on the programs by CEMEX. Brand Awareness startegy in cement industry used by CEMEX Philippines Brand Awareness startegy in cement industry used by CEMEX Philippines

The aim of the company is; whenever those visitors will purchase a bag of cement. It is very simple ; but, in long term goal of the company, this would have a big impact on the decision making of the consumer and clients especially today's generation where connectivity and tehcnology is very vital in decision making.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit
Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

The said congress focus on the young minds of soon to be advertisers and marketers from the top universities in the Philippines. Speakers are from different industry who are already successful on their are sharing their secret which is very good to the Generation "F", top-level marketers, decision-makers and academicians are present on the said event. I went there on day 1 though it is a two day event.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

Held at Henry Lee Irwin Theater in Ateneo De Manila University. The whole event tackles the new approach in marketing and advertising using new channels like social-media, mobile devices, tablets, and many more. There is an open-forum on the event which audience are asking questions regarding the new approach especially in digital-marketing.

One the event, ABS-CBN Publishing group introduce their Ipad application for their magazines, which the audience are amazed because in the Philippines this would the first Ipad application offers to the Philippine Market for free; another is, their introduction of DTT or Digital Terrestial Television, which, the first innovation on Philippine Television introduced by ABS-CBN, to summarize this technology, if you are using a conventional antenna at your home which sometimes or everytime, getting free channels on you television is a hassle, especially if you are living in the province, but, using this technology or installing this technology having channels on your television is at ease, especially if you are using a picture tube type television; this would also be another milestone for ABS-CBN.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

One thing that I like about the event is, Tessa Prieto was present and the audience participated in open forums especially in digital marketing and social media marketing.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

Top marketers and decision makers in top advertising agency give their secret of being successful on their field, one of my favorite is from the advertising agency who produce the ads for the new Toyota Fortuner.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

Outside the booth Universal Robina introduce their newest product, the C2 Milk Tea. Entertainment is also on the event provided by Manila Broadcasting Company and Waveplay Interactive.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit
Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit

Freebies was given also by the speakers from Tim Yap, giving free tickets and invites from his bar in Makati, and free tickets provided by Pulp magazine.

The said was organized by Philippine National Advertisers and Philippine National Advertisers Foundation.

Gen F: Second PANAF IMC Youth Congress / an Advertisers and Marketing Summit
Telus is one of the event sponsors
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