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Effective Marketing for the Owner Managed Business the Snap guide to BS-Free marketing …… ………that works! How to make your marketing really effective • Its all about …… • REALLY BASIC common sense! • And starts with your target customer • And you do it BEFORE – you design a new website (or re-design your old one) – or produce an outbound email – or postcard campaign – or produce a brochure Product Positioning • You need to feel the pain! • Convert your product offering into – Customer needs – Not product attributes • Introducing the “SO WHAT” test • Lets look at a real example Product Positioning • Electronics Client – with some great new technology – “Our new patented active PA system has a frequency response of 100Hz to 10kHz, is rated at 1000 watts RMS and plays out through these really cool Flat Speakers that have a Corex driver” Product Positioning • Lets flip this around …. • And look at the needs of the target consumer Product Positioning – define the pain Target market “Many traveling professional musicians need high quality PA equipment that they are familiar with and trust. “Equipment at venues is of variable quality which means that musicians tend to take their own gear which up to now has been based on bulky, heavy, traditional technology or they make do with the venue’s gear and suffer the potential consequences to their reputation. Differentiator “Our new, patented active PA system has high power and superb clarity, The benefit performing at least as good as Brand X The PAIN Core Proposition • Target market – Who you are looking for • What pain they feel – What they will be search for • What you offer – BUT in their eyes • How this solves their pain You can use this Core Proposition in ANY of your marketing Product Positioning Exercise • Exercise The Marketing Plan • Objectives – Quantified – Analysis of past performance • State the Value proposition and the benefits that accrue • Identify the target market • Brand identity and Niche • 5-10 marketing tactics – That worked – That you want to try • Set a budget • Example The Marketing Calendar • Drives your whole commercial activity – Set it up – Stick to it • Monitor what meetings you generate – By activity • Use Landing Pages to track website traffic from – Emails – Postcards – Other • Example Marketing Calendar Some great marketing ideas that work • Thank you!