| |
RATIONALE
Every business unit
of every company should have a marketing plan, and these plans should
ideally be split into two parts marketing strategy (positioning
and goals) and revenue generation actions. The first requires extensive
input from the CEO, and the second should be driven by Sales.
A wise man once said that there are a million ways to lose money, but
only one way to make it: sales. The big issue with revenue generation
is that you really have no frame of reference for goal setting, and do
not know whether the growth rates you have been experiencing are satisfactory
or not.
Comparison with what you did last year or percentage growth are really
artificial comparisons because they assume that the prior performance
was satisfactory. Without an audacious target that challenges the organization,
there is no incentive to examine the efficiency of the sales process or
to identify how to generate additional revenues from within the existing
customer base.
Your employees will seldom criticize you for being too cautious, and almost
never challenge your assumptions. A seasoned resource with no hidden agenda
can add exponential value to your processes, and the Marketing Edge
has been refined it into a streamlined process where the bulk of the work
is done by Edge rather than the company.
Edge will assist the CEO in strategy, positioning and developing
revenue goals. It will work with the Sales team to set up programs to
drive the implementation of new initiatives, products and services. It
delivers a clear timetable and scope of operation, and results in Marketing
plans that fold naturally into revenue generation plans.
|