How to Win the Marketing War - PowerPoint PPT Presentation

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How to Win the Marketing War

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How to Win the Marketing War. By. Tom Patty. Marketing: A Matter of Perspective ... (Like the wind that drives a sailboat) Three Critical Elements ... – PowerPoint PPT presentation

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Title: How to Win the Marketing War


1
How to Win the Marketing War
  • By
  • Tom Patty

2
Marketing A Matter of Perspective
  • Consumer perspective
  • I want to buy
  • vs
  • Business perspective
  • I want to sell

3
What drives consumption?
  • Desires
  • Wants
  • Needs
  • (Like the wind that drives a sailboat)

4
Three Critical Elements
  • 1. Target audience --Who has desires?
  • (behavior, not demographics)
  • 2. Benefits--How does it solve problem?
  • 3. Value--What is really important?

5
Purchase Process
  • 6. Love
  • 5. Buying
  • 4. Intention
  • 3.Shopping
  • 2. Consideration
  • 1.Awareness

6
Things you can change
  • 1. Product
  • 2. Price
  • 3. Place (distribution)
  • 4. Packaging
  • 5. Promotion

7
Tools to work with
  • Advertising
  • Publicity
  • Internet web/search engine
  • Word of mouth
  • Point of purchase
  • Brochures
  • Etc. etc. etc.

8
Summary
  • 1. Think like a consumer
  • 2. Identify desires,needs wants
  • 3. Identify target audience
  • 4. Define benefits
  • 5. Adjust value equation
  • 6. Move thru purchase process
  • 7. Utilize the right tools for the job
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