In a typical interview, we ask a prospective client
to discuss their business, seeking definitive answers to these
key questions:
- What customer problem does your business solve? How do you
know?
- Who has this problem? How do you know?
- Why and how does your product or service solve this problem?
- How does your customer pay for your solution?
- What does your product offer that the customer can get nowhere
else?
- What is the one key benefit of the product?
The objective is to develop hard
market data from which we derive our advertising strategy.
This work produces what we call a “strategic
brief,” a description of who your customers are, why they
should do business with you, and how valuable you can be to them.
From here, we look at the possibilities -- the potential for doing
more business. Since we’re a marketing communications specialist,
we examine your present advertising messages. How well do you communicate
your proposition? How do you reach your target markets (what media
do you use?) How is your advertising performing?
This may require additional effort in the form
of market research. If your budget permits, we collaborate with
expert researcher and strategist, Jeff Haugen of Left
Brain Concepts, Inc. The objective is to develop hard
market data from which we derive our advertising strategy. Often,
this approach pays for itself through better advertising performance
which creates more rapid market penetration, greater pricing
leverage and the opportunities to up and cross sell to under
served market segments.
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