Managing Customer Value
Incremental Commitment is a strategic approach where marketing campaigns are divided into smaller, manageable stages. This approach provides for better adaptability in the volatile market environment and promotes efficient use of resources and time. Think of Incremental Commitment in marketing as the mountaineer’s approach to scaling a peak. Instead of aiming for the summit in Read More …
The spiral method is an approach that involves continuously revisiting and refining marketing strategies to achieve better results over time. While this method has advantages, it also comes with disadvantages that marketers should consider before implementing it. The spiral method is a cyclical approach to marketing where marketers continuously assess and adjust their strategies according Read More …
A Funnel of Opportunity is an effective 12-step process to help you achieve your goals. This process is designed to work from the known to the unknown and, through iterative steps, will help you better understand your customers and the markets you participate in. Step 1: Identify Target, Key Customers The first step in identifying Read More …
The Art of Strategic Positioning: Unlocking the Power of a Strong Brand Portfolio Strategic positioning has become more crucial in today’s highly competitive business landscape. As companies strive to gain a competitive edge, they increasingly realize the power of a strong brand portfolio. A well-crafted brand portfolio helps businesses differentiate themselves from their competitors and Read More …
Traditional marketing methods are becoming less effective as consumers are constantly bombarded with advertisements from various sources. As a result, businesses are shifting their focus towards experiential marketing to cut through the noise and create meaningful connections with their target audience. In this ever-evolving landscape of media fragmentation, marketers must adapt their strategies to stay Read More …
Gone are the days when the manufacturing industry could remain entrenched in technical jargon and monotonous narratives. The importance of storytelling in manufacturing has taken center stage, shifting from the traditional, product-focused approach to a more engaging, narrative-driven one. Manufacturers realize the dire need to go beyond just presenting products and features. The digital age Read More …