Tuesday, November 27, 2012

Foundations Of Marketing


When planning a marketing campaign:
·         Separate your company’s actions and policies from what are perceived to be industry standards.
·         Take the risk out of buying for the client.
·         Market differently to different groups and individuals.
·         For social catering, stress entertaining and status.
·         For corporate catering, stress sales results and employee happiness.
·         Teach the business of catering to your marketplace.
·         Always answer the question of WIIFM (what’s in it for me) in your marketing.
·         Use testimonials; they are especially powerful in marketing catering.
·         Try to deliver more then you promised.
·         Be aware that in most cases, caterers are not taken seriously by those who want to buy catering.
·         Ask your current buyers what they like best about your service and what they like least.
·         Ask your current buyers what they would do if they owned your company for a day and could change anything they wanted.
·         Talk with your staff. Ask them what they would do to make the company better—then listen to their answers.
·         Figure out how you can get a detailed demonstration of what and how your closest competitors do with their catering. Why not purchase some catering from them, without letting them know it’s for another caterer?
·         Take an honest inventory of where your company stands in the “mind of the buyer” in:
Overall image.
Knowledge of your product/service.
Sensitivity to buyer wishes.
Enthusiasm for catering.
Professionalism.
·         Decide which product lines of your business you need to market first.
·         Develop small marketing programs first; wait until later for the mega-dollar promotions. Remember what General George Patton said, “A good plan today is better than a great plan tomorrow.”
·         Think of your business from the buyer’s point of view.
·         Decide which part of your business is ripe for a change.
·         Live by the motto that every product or service can be improved.

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