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Marketing
In
today’s competitive scenario
companies, organizations, institutes
are under constant pressure to
increase their earnings. In this
scenario, business leader can
turn to marketing to address
the challenges. We see in lot
of organizations there is mismatch
between the message sent out
by marketing and that through
the strategy and vision of the
company. Marketing in today’s
environment needs to be more
tightly integrated with the strategy
of the business.
Under pressure companies first response has been to increase earning through
operational efficiencies and cost cutting, but they are still under pressure
to increase earnings. Meanwhile in today’s business environment more
and more products are coming under the commodities category thus differentiating
oneself becomes even harder. With large retailers coming into picture, value
has been shifted from manufacturer to channel. Similar problems like availability
of all brands under same roof, increasing cost and complexity in delivery
are making life difficult for executives.
Here executives realize that marketing has been under developed as compared
to other functions. It has been realized that marketing initiatives
can help organization to achieve faster organic growth. Today corporate are
trying
to make major changes in their marketing approach. These changes have been
powered by following areas:
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Bringing
user insight into your strategy :
Traditionally this has been
the responsibility of marketing
research function only, now
companies need to involve
channel partners, operations
and finance functions into
this exercise. They need
to have wider coverage than
present.
Integrating
marketing, branding & vision of the company
:
This point can’t be over emphasized that
most of the organizations have some divide in their
marketing message as well as vision & strategy
message. This gap needs to be welded seamlessly
if possible.
Closer
to marketing strategy : Companies need to go closer to market
through sales people i.e. rather just relying on channel partner to provide
feedback on customer behavior and insights they should be in direct contact
with customers at certain points.
Marketing consultants at Phi InfoSoft bring in the best practices and
reinforce our strengths in operations and strategy in
this functional area. We design end to end marketing strategies in
unison with your business strategy. We at Phi InfoSoft have helped our
clients to address most critical
issues related to marketing. Our
approach has been very simple, we provide our clients great depth of fact
based knowledge and experience. We help our
clients objectify what are returns on their marketing investments.
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