Lots of business opportunities
19 Sep
It might sound strange, but some of the best business folks who I have met know very little about marketing and advertising. They simply have a knack for making the products that people need. Some of them are actually pretty un-savvy as consumers themselves, yet somehow get by on instinct and intellect. The one exception, however, is consumer behaviour. On some level everyone needs to understand if he want to be able to make and sell the products that consumers want. You really do not need to know how to launch a marketing campaign, how to create an image, how to spread word-of-mouth information about your product, or how to spin doctor. You can hire people to do all of those things for you. But if you do not know how people make basic buying and selling decisions in their lives, you simply won’t ever understand what will sell.
Such fundamentals as brand loyalty, brand identity, and niche marketing are firmly grounded in consumer behaviour. You can learn a lot of it just by taking some sociology classes, or even by watching your own family shopping. My first introduction to consumer behaviour was not through any organized business program, but through going to the grocery store with my mom while growing up. It was interesting to see what brands she bought.
Like most consumers, my mom assumed that she was motivated purely by rational concerns. In her case, she wanted to give her family the healthiest food possible on her budget. Like most people, however, once companies profiled her consumer behaviour, they could sell their products to her. There are certain keywords that triggered consumer buying decisions, certain qualities she was looking for in the food, and even certain fonts, graphics, and colors that she associated with good, wholesome food. The consumer behavior researchers had more of an understanding of what people like my mom liked than I could possibly have guessed at the time. Still, even at such a young age, I already understood the basics of consumer market research.
Tags: business program, consumer behavior, consumer behaviour, marketing campaign, niche marketing13 Jul
This fascinating thrill ride is filled with all the twists and turns of exciting information about market research marketing, so be sure to hold on for this bumpy ride!
When I first became involved in marketing and advertising, everything we did was based on wit and style. Basically, the goal was to come up with the catchiest, most contagious slogans that we could. Everything else was secondary. We did not bother with market research marketing. Our clients wanted slick, young, stylish people to tell them where to throw their money. And they threw lots of it at us all the time.
For better or for worse, the market has changed since then. Advertising and marketing consulting firms are not just required to be brilliant anymore. Instead, we are required to be scientific. You see, in the last 20 years, marketing has reached a crisis situation. People are so disillusioned with consumer culture and so unresponsive to marketing that companies don’t know what to do. Commercials get ever more creative and outlandish, and consumers get ever more bored. It isn’t that people aren’t buying anything it’s just that they’re not buying what we tell them to buy anymore. Either they buy what their friends buy, or they stick to old buying habits. Either way, market research marketing is the only solution.
Ask yourself a few simple questions to determine if you fully understand the concepts that we have went over so far.
Market research marketing takes many different approaches. The most simple way of doing it is the marketing telephone survey a strategy that has been around for half a century by now. Basically, by calling consumers up and asking what they think of a product or service, you can find all kinds of useful information that will help you with future marketing campaigns. You can find out who you are reaching, what people like about your service or product, what they don’t like about it, and how likely you are to reach them. Then you can use the marketing research to custom tailor your advertising campaign to their particular demographic.
Of course, marketing research jobs get much more complicated than that. At the market research marketing company that I work at, we go all out. We do focus group studies, showing targeted advertisements to small groups of people in particular consumer segments. Carefully, we gauge their reactions to what they are shown and use them to perfect our advertisements. Because we offer consumer incentives, people are more likely to give us their time and energy. We then take the knowledge that we learn from these consumer participation groups and use it to improve the products and the advertisement we put out for them.
If you have found our database of information about market research marketing useful, read some of our other related topics.
Tags: advertisements, advertising campaign, consulting firms, consumer culture, market research, marketing campaign, marketing campaigns, marketing consulting, marketing research, research marketing27 Dec
The point of this article about branding strategies is to help you to the next level and show you what this amazing subject has to offer.
Brand positioning strategy is one of the most complicated issues in the world of marketing and advertising today. Many companies still think in the short term, looking at a particular marketing campaign or introducing a new product, but fail to understand the issues of long-term branding strategy. The problem is that there are many different branding strategies available. Every marketing executive, corporate chairman, salesperson, and consumer has a part to play in branding strategies, and each one of them approaches their role differently. If you are able to understand the role each actor plays in brand identity, however, you can come up with a winning brand identity that will catapult your business to unheard-of levels of success.
Branding strategies are often pretty abstract things when they are first thought of. Basically, brand identity starts with a concept. Are you trying to appeal to a certain need, or fabricate a new need for a certain product? What consumer group do you expect to want to get a hold of your product? What age are they? How much money do they spend? What shows do they watch? These are just a few of the many issues that play into deciding on your branding strategy. You can approach the problem from many different angles and still come up with useful and creative ways to market your brand. Be creative! Brainstorming is the very most important part of the process! Do you feel as though you have a firm grasp of the basics of this subject? If so, then you are ready to read the next part.
Of course, like with anything else, what really matters with brand strategies is where you end up. One of the most important things to realize is that, the farther ahead you can plan, the better of a chance you have to succeed. You should, of course, use branding strategies to plan out your short term approach. If you are just getting on the scene, how do you get people to notice you at first? If you are an old and well-known name, how do you get people to start to see you in a new light?
Nonetheless, the long-term solutions are as important, if not more so. You need to set concrete goals for establishing brand recognition and brand loyalty. You need to be able to back it up with consumer research, and to continue with that research as you continue with your ad campaign. Only through taking branding strategy from the abstract to the concrete can you hope to really make some progress with your brand name.
The next time someone asks you about what you know about branding strategies, you can give a little smile and provide them an informative answer or direct them here to our website for further information.
Tags: brand positioning strategy, brand strategies, branding strategies, branding strategy, marketing campaign