Marketing

Marketing – an introduction

Quick Links: There are literally hundreds of business advice articles within the Yorkshire Powerhouse website for marketing related content – for some of the main sections please simply click on:

Good luck with your sales and marketing!

Marketing and Selling are close bed fellows and should remain as such. The easiest way to understand the different between the two is to consider selling as ‘pushing’ and marketing as ‘pulling’ – and to run a successful business you’ll definitely need a bit of both!

Selling: Selling can be really difficult and requires direct contact with the customer. The goal is often a ‘numbers game’ based on pushing the sales message to likely targets with the hope that the sales message will hit home and you’ll make a sale. Selling skills are learnable and generally involve building rapportquestioning the client and closing the sale.

Marketing: This is a much more complicated and scientific process. It should always start with a thorough understanding of the target / dream client – their needs, challenges, opportunities, etc. Once you understand your customer then you can allow this to define your branding and core message (your point of difference or unique selling point) to ensure that this resonates with the target client. Finally, you need to then ensure you understand where and when your target client goes to find a solution to their problem … there’s no point you being all over Twitter if your client isn’t a Twitter user! The end goal is to ensure that your target clients ‘discover’ the perfect message from you at ‘just the right time’ and that it ‘pulls’ them to you as a result.

One core element of marketing is the measurement of success – take a look at our article on marketing metrics. There’s no point spending time using social media to market your business if it doesn’t produce sales in the end – you need to ensure that your efforts are being rewarded by sales or you’re simply being a busy fool!

The ‘channels of communication’ you use can include traditional or digital and the challenge is to know your customer, make great decisions and stay the course with a message that connects.

The Marketing Mix

When you approach your business strategy, you are likely to want to include your Marketing Mix in with it – this document looks at various aspects of your marketing and sales strategy and focuses, in part, on the channels of communication you use. They can include:

Traditional options include:

Remember that most business models require ‘marketing’ to make noise and identify prospects … then they need an aspect of ‘selling’ to close the deals. Done well, the whole process creates a sales funnel (or sales pipeline) for your business with a steady stream of new business sales being the result.

Ensure the channels through which you communicate are the ones your customers use, not the ones you prefer yourself. Always seek expert advice to make sure your efforts look professional and trustworthy. Marketing a business well is really hard work and the best approach is to ensure you have a strategic plan that truly pulls customers to you.

Strategic Marketing thoughts from Yorkshire Powerhouse

Have you any questions?

Here at Yorkshire Powerhouse, we’re happy to help as much as possible – is there anything else we can do to help you, do you have any further questions or can we help introduce you to an expert – please let us know:

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