Better Business Tip

Do not to become too dependent on a few customers or a single industry. There's a rule of thumb that 80% of your profits come from 20% of your business.

Is this true for your business?

Determine your ideal customer profile, for profitability. Also, be prepared for a shift in the market.

What if you lost your top 3 customers ?

Strategies For Lumpy Businesses

MARKETING STRATEGY

sintassi marketing strategyA marketing strategy identifies customer groups which a particular business can better serve than its target competitors, and tailors product offerings, prices, distribution, promotional efforts, and services toward those market segments.

Ideally, the strategy should address unmet customer needs that offer adequate potential profitability. A good strategy helps a business focus on the target markets it can serve best.

In highly competitive markets, companies must be able to integrate customer, channel partner and company needs. Balancing the different needs is not easy and costly missteps may occur quickly. In addition to customer, channel and company needs, a company has to watch the competition. So how can your company succeed and thrive in a competitive market?

There is no single strategy that works for everybody. Different companies need different strategies depending on the marketing and business goals they want (or need) to achieve; the strength and weaknesses of the company; the competitiveness of the industry; and general industry and market trends.

Yet, a clear understanding of these issues will lead to strategies that are focused and can be implemented. Hence, these strategies guide you in achieving your short- and long-term goals.

Your organisation’s performance is closely linked to its marketing strategies. Your strategy must be unique in order to address the needs specific to your customers, channel partners, competitiors and the company itself.

Sintassi delivers persuasive strategic marketing services including specific marketing action plans and strategic guides to address a variety of marketing challenges including:

- increasing revenues and protect revenue streams
- increasing customer and channel satisfaction and loyalty
- improving positioning
- creating or increasing brand value
- improving marketing communications
- deepening market penetration
- developing new markets
- optimising product development
- defining web strategies
- obtaining buy-in for your projects
- helping business, marketing, sales, and product planning and decisions
- seizing new product opportunities
- guiding company start-up
- answering competitive threats
- improving or optimising customer base

Through a marketing strategy review, Sintassi will deliver a detailed independent analysis of the current position and future outlook for your business, clarification of key objectives and an assessment of successful and unsuccessful strategies. The review will also assess the implementation process itself.

This service is critical if a business is to ensure that it is following a pre-determined direction.

For a free and confidential consultation on 0118 947 58 57 or email: info@sintassi.co.uk

Sintassi