The Business Bulletin Issue #14 - Focus On Sales & Marketing

Page 20

The Business Bulletin

Is your Pre-Marketing position right? Are you one of those businesses or business people that are spending hundreds or thousands of pounds or dollars on marketing, but not getting the results you want?​Unfortunately most businesses are. ​

You invest heavily in marketing

more, only to receive a trickle of

you know that does compete on

activities such as online and offline

interest, or worse still, no interest at all.

price; what do they do when a new

advertising, social media campaigns, business networking, and much

The reason is sadly very simple. You haven’t got your Pre-Marketing positioning right, or maybe haven’t invested enough time in defining these vital business basics. And the truth is unless you do, you will always be struggling to find customers and will always be struggling to stand out from your competition. What’s more, once

Arup Biswas Absolutely Write Arup is a former national newspaper journalist with more than 20 years of experience in the media sector, including as a national press officer and spokesman for Oxfam. Thanks to this, and his experience in senior operations and strategy roles for national and international organisations, he has an in-depth and unique understanding of customers and audiences. As the UK’s leading content and pre-marketing specialist, he creates high impact and engaging content for organisations of all

you’re in this difficult situation, the

foundations (Pre-Marketing) position. ?? ???l absolutelywrite.co.uk

20 | Issue 14 – Sales and Marketing

themselves even cheaper than they do? Drop their prices to continue being the cheapest? If so, how long can they do this for, and are they really a business that is sustainable? And what happens when another competitor shows up who has lower costs and offers their services or products for even less? A strategy based on price is

only thing you can do to try and win

ultimately doomed to fail, but the

business is to compete on price. You

good news is with just a little time

have to discount your prices, or run

spent on getting their Pre-Marketing

sales, or offer freebies, or undertake

activities and positioning right, any

other price slashing activities that

business can remove price from the

one by one make you cheaper than

equation and win customers who are

your competitors.

prepared to pay much more for the

This is a depressing but inevitable downward spiral, and in the process

services or products they offer. Ask yourself this – if you don’t

you’re devaluing your services or

differentiate yourself effectively

products, and telling your customers

from your competitors by having

that what you offer isn’t of high value

the right Pre-Marketing position

or worth a higher price.

and business messages, why would customers choose you unless you’re

sizes and from all sectors, and works with companies to develop their marketing

competitor comes along and prices

The dangers of competing on price

the cheapest?

Competing on price is a dangerous

such as convenience or location –

and ultimately fruitless strategy for

are enough to grow their business.

any business. Consider a business

And there is no doubt that for

Many businesses and business owners think that other factors –


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