Marketing Programs
Motion Control Marketing …
… Marketing Programs that Work!
A study by Chaners Publishing showed that in order for sales to occur two events MUST take place before an order is placed.
1 – There must be an awareness of the product
2 – There must be a preference for the product.
When a company, who was the sole manufacturer of a product for many years, begins losing preference for, a.k.a.market share to competitors, something must change. If it is not a quality or price issue then it must be a marketing issue!
Even an aggressive marketing budget of 5 million dollars was not slowing the decline in preference for the companies products. At that time the marketing program was in the hands of a New York “Madison Avenue” Advertising Company whose primary client base was consumer products. Their B-2-B experience was limited and Motion Control experience by my observation, non-existent!
When I began my tenure as Marketing Communications Manager I was told because of slumping sales the budget was being cut to 3 million. What to do?
Step 1 – Fire the Madison Avenue agency and bring in-house the Marketing Program including Ad placement.
Step 2 – High a high quality buotique agency that had solid B-2-B credentials to execute the development of printed materials.
Step 3 – Select a high quality, competitively priced printer.
Step – 1 above was the most critical. Bringing in-house the advertising program allowed my to make better use of frequency discounts and create a program that was designed to create an awareness and preference for the companies products.
Were my programs successful? I will let you be the judge. Below are two Benchmark Studies conducted by IEN Magazine.
Benchmark study number 1
In this study note the following categories and the increase in percentages over the 3 years of my tenure. While competitors’ precentages remained the same Thomson showed improvement in every category! Especially so in the: “Would Consider”, “Price” (in spite of three consecutive price increases), and “Quality/Reliability” categories!
For the actual study open this PDF
Benchmark study number 2
This study shows that the program was effective in creating a preference for Thomson’s products among:”Plant Management Engineering/Design/Administration”, “Product/Processing/Manufacturing Management & Engineering Management”, and “Design/Engineering/Management & R&D”
For the actual study open this PDF
As Thomson was a company that sold through distributors, creating leads for the distributors was critical.
How did I do in that department? Year 1989 There were about 45,000 leads in 1991 there were 88,000 leads!
Marketing programs do not have to cost 1 million dollars.
Since starting my own Motion Control B-to-B marketing business I have focused on serving smaller companies, who recognize the need to create and awareness for and a preference for their products, and yet are too small to warrant hiring a marketing manager, and recognize the book keeper or receptionist is not a marketer.
Check out:
Motion Control Marketing…
… Product Releases That Get Published!
also
Motion Control Marketing …
… Brochures, Data Sheets, and Catalogs That Get Read!
Call me, I know, at the end of the call, you will agree, I was a conversation worth having!