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THE
MARKETING EDGE
IN ACTION
The process falls
into six stages and the end result is an efficient, effective process.
It starts with a detailed analysis by seasoned executives and leads to
the development of two separate plans - marketing and revenue generation.
It is a streamlined, self-contained process that delivers practical results
not typically derived from traditional consulting methods.
1. Intake
This involves a one-to-one meeting with the CEO to enable Edge
to understand the companys existing goals, marketing strategy, positioning
and challenges. At this meeting Edge will also identify the information
it will need (products and services, customers, collateral materials,
business cards, letterhead). Most of this can be obtained from junior
sources within your organization without burdening senior management.
The time spent by your team is limited to essentials, ensuring that the
Marketing Edge process does not interfere with the effective running
of the company.
2. Feedback
Following the Intake meeting, Edge will produce a document summarizing
the information gleaned from the CEO. This document will contain a factual
summary, an analysis as to whether your company has an internal or an
external focus, observations on the companys marketing strategy
and goals, and ideas for discussion. It will form the basis for a follow
up meeting with the CEO to challenge assumptions, brainstorm ideas and
gain a better understanding of the ability of the culture to accept change.
3. Analysis and Information Gathering
The on-site work starts with an internal analysis of existing customers.
It is often surprising how little companies actually know about their
customers, who they are and why they really do business with them. A great
deal of this information resides in the junior levels of most organizations,
where people are interacting every day with customers or suppliers but
where management may not be getting feedback because few organizations
are set up to collect this kind of data.
Internal research is usually used to build a short survey questionnaire
covering customer needs so as to build a database that has consistent
answers to key questions. Depending upon the size of the customer base,
the survey can usually be done by telephone within a two-week period.
4. Marketing Plan
Once the research has been gathered, Edge produces a draft Marketing
Plan for discussion with the CEO at an action-based meeting, and the
final plan is then produced. This is a strategic document that acts a
road map for the revenue growth of the company.
5. Revenue Generation Plan
Once the Marketing Plan has been adopted,
Edge works with Sales to develop the Revenue
Generation Plan This is an action document that covers the revenue
goals and the tactics needed to achieve them. It is in the form of an
action timetable with dates and accountability.
6. Implementation
Edge remains involved and comes in monthly for six months to monitor
progress under the plan and hold feet to the fire. With these steps,
the Marketing Edge delivers practical results not always found in more
traditional consulting engagements.
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