Technology's unrelenting assault on Marketing

Written by Frank Williams


Continued from page 1

Choice: Customers are beginning to realize that they don't have to be ‘stuck' with standardly offered products or service if it only meets part of their need. Choice is becoming more of a market differentiation resulting in a competitive edge. Marketing leaders must realize that company growth through targeted niche markets includes finding ways to provide customized choices. And do so to a variety of customer demographics in a cost effective and highly competitive manner. Technology can greatly assist this issue.

Value-adding: Price pressures will continue to mount for your company's products and service. Reject becomingrepparttar low price quote through aggressive discounting unless you can really berepparttar 120584 low-cost producer such as Dell or Wal-Mart. Use advances in technology to add value to your product or service. Intelligently adding features and value (which could be as easy as changing delivery pricing policies or inserting programs that make customer order status more real-time ) will keep margins in tact, while retaining accounts. Your customer is assaulted with competitors daily that claim richer product features, with better prices and faster delivery. Know your customer well. CRM (customer-relations-management) or SFA (Sales-Force-Automation) tools help skilled sales force to more quickly adopt and respond to changes in customer accounts. Seek ‘value-added' features in your new product development. Don't allow R&D to add features without a customer verified value given to that feature.

Yes, a significant paradigm shift occurred and continues to assaultrepparttar 120585 way most companies operate. Capitalism has a brutal way to deal with those who missrepparttar 120586 change and therefore are ill prepared to take advantage of opportunity - they go out of business! Creating shareholder wealth is trickier than ever, but not impossible forrepparttar 120587 marketing ‘dude' with visions, flexibility, risk orientation andrepparttar 120588 ability to execute inrepparttar 120589 market place.



Frank Williams is a marketer. With many post graduate courses in management, leadership, marketing and technology to his credit, Williams is a widely respected speaker, author and technologist. He has significant knowledge in marketing strategies and is the founder and CEO of Global Marketing, Inc. - a leader in business, marketing and sales consulting

Other valuable articles can be found at: http://members.cox.net/glmarketing/glmarketing/index.htm


Glossary of Marketing Terms

Written by Lois Carter Fay, APR


Continued from page 1

Look and feel – The overall composition ofrepparttar marketing materials,repparttar 120583 design.

Matte finish – A dull or non-shiny finish to paper, similar to when a woman has powder on her face.

Mock-up – A preliminary brochure that is printed inrepparttar 120584 colors to be used, cut, folded and put together to show whatrepparttar 120585 brochure will look like when it is printed.

Offer – The proposal.

One-color – Printed using only one color, usually black.

Opt-in e-mail – E-mail that is explicity requested byrepparttar 120586 recipient.

Opt-out e-mail – E-mail that is sent to a recipient unless he requests NOT to receive it.

Payoff panel – The panel of a brochure thatrepparttar 120587 reader sees first when he opens a brochure. It generally follows up on whatrepparttar 120588 cover has discussed or answers whatever question was posed there.

PDF – Portable document format;repparttar 120589 file format for documents viewed and created by Adobe Acrobat Reader, Acrobat Capture, Adobe Distiller, Adobe Exchange, andrepparttar 120590 Adobe Acrobat Amber plug-in. This technology has succeeded in standardizingrepparttar 120591 format of documents used and transferred onrepparttar 120592 Internet. One ofrepparttar 120593 benefits of using Acrobat and PDFs is that it doesn't matter whether you're a corporate guy using Microsoft Office products, an engineer using a computer aided design(CAD) program, or an art director using desktop publishing software—you can quickly deliver business documents to a colleague or torepparttar 120594 entire company without having to recreate them in other applications.

Perishable data – Information that will go out of date quickly.

Permission-based lists - Marketing lists centered around obtaining customer consent to receive information from a company.

Plain-text e-mail – E-mail that contains no graphics or special formatting.

Plug-in (a.k.a. add-on software) – A software program that extendsrepparttar 120595 capabilities of your browser in a specific way, giving you, for example,repparttar 120596 ability to play audio samples or view movies on your computer screen.

Privacy policy - A statement used on many Web sites to explain how a company protectsrepparttar 120597 privacy ofrepparttar 120598 information it aggregates about its users. It discloses howrepparttar 120599 site collects, uses, and shares your personal information.

Rush charges/Premium charges – Additional service charges that are required because not enough time was given torepparttar 120600 vendor to completerepparttar 120601 project without working overtime or rushing.

Score – To make a very slight incision alongrepparttar 120602 fold of a brochure so that it folds easily and can be folded without crackingrepparttar 120603 ink.

Self-mailer – A brochure that is designed with a mailing panel included so that it can be mailed without an envelope.

Sound bite – A brief statement or bit of information that describes a person’s business; also known as his 30-second introduction or elevator speech.

SPAM - An e-mail message sent to a large number of people without consent, also known as junk e-mail. Spam is usually sent to promote a product or service.

Stylebook – A book giving rules and examples of usage, punctuation and typography.

Subject line – The line on an e-mail message that says “subject.”

Tagline – An often-repeated phrase associated with an individual, organization, or commercial product; a slogan.

Target – To concentrate onrepparttar 120604 ideal prospective client or group. Target audience/Target market – The ideal prospective client or group.

Three-color – Printed using three colors, such as yellow, red and black or red, green and blue.

Trifold brochure – A brochure, generally 8.5” x 11”, printed on two sides, that is folded into three, thereby creating a six-panel brochure.

Two-color – Printed using two colors, such as red and black or blue and green.

Varnish – A special finish that is applied to printed brochures that works like varnish on a table, preventing chips, scratches and smudges.

Viral marketing - Marketing phenomenon that facilitates and encourages people to pass along a marketing message.

White space – The area on a brochure or ad that doesn’t have printing or graphics on it.

You’ll find an even bigger list of terms in our ebook, Marketing Plan Essentials: Online & Off. For more details visit http://www.marketingideashop.com and while you're there, sign up for Brainy Tidbits, my free weekly ezine with tons of marketing and PR information.

Lois Carter Fay is an accredited public relations professional with 30 years experience in marketing, PR and advertising. She is the founder of MarketingIdeaShop.com and the publisher of Brainy Tidbits.


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