Important Marketing Strategy Tips

If you wish to be successful in business you must attract and keep satisfied customers. The way to do this is by creating, having, and using a marketing strategy.

Important Marketing Strategy Tips

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Important Marketing Strategy Tips
Policies
All policies and activities should be directly related to satisfying the wants and needs of the customer.
Research
Do research, such as survey’s, to determine what your customers want
Find out who your competitor’s are and get a  competitive edge or advantage over them.
Target Your Market

Target your market.  For example, If you see a commercial with a middle age couple who are happily purchasing a car the business which sells the cars is targeting middle aged married people.
  • Analyze your possible target markets to see which would be the most likely to buy your product or service, in order to determine who your target market is
  • Determine how to satisfy customer needs by identifying a market mix” (SBA, 2011),
Scroll down to find out the main idea behind marketing strategies and watch our featured video!
Reference:Marketing 101.(2011). Retrieved 9/26/2011 from SBA,gov. http://www.sba.gov/content/marketing-101

The Main Idea Behind Using a Market Strategy

The main idea is to figure out how you can convince people to try your product or service and to keep using it.
  • Carefully plan your market strategy 
  • Keep track of your performance by the amount of sales you get.
  • Keep your market presence strong by advertising consistently.
  • Use a logo, website URL, and phone number which is easy to remember.
  • Keep in mind, people are more likely to do business with a name they recognize.
  • Advertise on the web, local newspaper, and television

Featured Video: 4 Principles of Marketing Strategy

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Memory Verse

For he is our God; and we are the people of his pasture, and the sheep of his hand. Today if ye will hear his voice,harden not your heart, as in the provocation, and as in the day of temptation in the wilderness Psa. 95: 7-8

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