Marketing Assessment

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Inspiration

"Productivity is never an accident. It is always the result of a commitment to excellence, intelligent planning, and focused effort." Paul J. Meyer

Consulting

Marketing Consulting

8 Pillars of Marketing

The unique marketing system developed by Market Magnet Consulting for small and medium sized businesses in South Africa. Discovering the assets within your business that should be capitalised for the purpose of marketing without wasting money on advertising.

Market Magnet Consulting bases the consulting by implementing the 8-Pillar Marketing System, based on the following structure:

Pillar 1

Enhance Your Corporate Identity and Develop Your Compelling USP
The development of your compelling Unique Selling Proposition, Extra Value Proposition, Brand Identity Statement and Elevator Pitch which will establish your corporate identity. 

The USP reinforces the reason clients are doing business with you and gives prospects a reason to consider doing business with your company.

Your newly developed and compelling USP becomes the basis for all marketing efforts. This becomes the ‘song’ of your business and those involved within your company will be taught to live the USP as the ‘truth’of the brand.

Establishing the USP involved matching the ‘inner reality’ and ‘outer perceptions’ of the business and develop the core message that becomes part of your sustainable competitive advantage.

Pillar 2

Strategic Web Development and Online Marketing
Positioning your business online correctly has major benefits. Advertising and promotion online has a variety of outlets many of which are free. 

We will effectively position your business in the search engines by working on a number of aspects within the online sphere, which include Search Engine Optimisation, Search Engine Marketing, Social Media Marketing, Online

Lead Generation and Constant Contact Management.

Pillar 3

Sales Conditioning, Lead Generation and Exponential Marketing
The most important part of this Pillar is incorporating your newly developed USP into every aspect of your client and prospect interaction aswell as: 

  • Establishing the best up-sell and packaging opportunities
  • Finding and implementing ways of capturing client details for future marketing
  • If your sales may be made by phone or in person, we will look at ways of improving closing ratios
  • Training of sales people
  • Reduction of low closing ratios
  • Follow-up and follow-through to closing sales

Pillar 4

Database and Relationship Marketing
All databases of current and past clients need to be captured, categorised and used to constantly market and promote your products and services. 

The categories will be as follows:

a) Current Frequent Buyers (sizable Rands spent)

b) Current Infrequent Buyers (buy on occasion)

c) Past customers (those that haven’t bought within a year)

d) Inactive Clients

We will aim to achieve the following:

  • Market uniquely to each category enhancing the brand and products and services offers
  • Encourage repeat business from current clients
  • Reactivate old clients
  • Market to each product segment uniquely
  • Establish cross-selling opportunities

This is an education-based level marketing strategy. We will market to them in specific ways relevant to your business. This will encourage new and repeat business, which will result in growth of profits.

Pillar 5

Joint Venture Alliance Marketing
Once we have captured and segmented your database, alliance opportunities will be sought from: 

a) Within the database

b) Other related non-competitive businesses

We will set up win-win structures with non-competitive companies, which have customer bases that could make use of your services and products.

Pillar 6

Media Placement and Advertising
Unless we find the perfect and inexpensive advertising opportunity, we should steer clear of advertising. 

Advertising can work if the budget for the C & R method of advertising is accessible. However, this is extremely costly and may not be suited to your business. If we are able to increase sales even further through advertising, we may look at this method.

We should consider the web as a medium for advertising. Although still costly, web advertising through the various campaigns on offer, can be specifically targeted and is easily measurable.

We will keep this as an option for the future.

Pillar 7

Community Involvement
Community involvement will be structured to boost the outlet you have to promote your products and services throughout your immediate community as well as other targeted communities further afield. 

Community marketing contributes to the brand awareness of your business and develops better perceptions around your company

Pillar 8

One-to-One Direct Marketing
There are a variety of Direct Marketing Avenues that we need to explore and include: 

  • Mail
  • Classified Adverts
  • Infomercials
  • Direct response mail
  • SMS
  • Displays
  • Sales People
  • Tele Sales
  • Tele Marketing
  • Email Marketing
  • Greeting Card Marketing
  • SMS Marketing

We will find the most cost effective and efficient methods for growing your business throughout the surrounding areas. This will encompass the business to-consumer sector and the business-to-business area outside of the geographical bounds using direct marketing collateral.

How Many Pillars Are You Using?

You may be currently using 1 or 2 pillars to market your business; this has a limiting effect on your growth potential. 

Implementing additional pillars will help your business to grow exponentially.

Marketing Strategy Development

A marketing strategy is a complete plan that combines the goals of the business to the desired outcome of a marketing campaign whilst taking into consideration all aspects of the business and surrounding marketing environment.

Marketing Campaign Development

A marketing campaign is one part of the promotional element of the overall marketing strategy. Each product or service will have a campaign developed to ensure that the right message reaches the right audience with the right frequency.

Marketing Implementation

You may not have the time to implement the marketing activities needed to grow your business or budget to hire a marketing department to carry out these tasks. We do the work for you at a fraction of the cost. Outsourcing the planning implementation to Market Magnet Consulting will guarantee that you do not waste money on advertising.

Need Help with your business Marketing and Sales Management?

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