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Introduction |
Marketing is defined by the Chartered Institute of Marketing
(CIM) as the “Management process responsible for articulating and satisfying customer
needs profitably”. The company that uses effective marketing as a way of better
satisfying customer needs than its competitors will gain a competitive advantage
in the marketplace it serves. Therefore, Marketing is not an abstract
but one of
the cornerstones to business success and a significant contributor to improving
business performance.
Marketing is often referred to as a ‘mix’ and there
are four key elements to a successful
mix, often known as the 4 P's: Products, Price, Promotion and Place. When used together
in harmony these four key elements make for a formidable company value proposition.
Many studies have tried to show the relationship between marketing and performance.
In a survey of 113 major American corporations it was found that the higher a firms
marketing orientation the greater their profitability.
Harper Morgan can help you to understand the benefits of effective marketing to
your business. You could be trying to:
► Launch new
products ► Increase your
brand awareness
► Maximise the
value of your company’s profile
► Find new buyers,
distributors or business partners
► Support existing
distributors and partners
Through careful planning of your marketing strategy, the probability of a sale is
greatly increased long before your salespeople try to persuade customers to buy
your products. Harper Morgan can help you to improve and maintain your market advantage
by working with you to:
► Understand
your customers needs and wants
► Identify the
best method for satisfying those needs
► Steer your
company towards adding that value
► Set and meet
your organisational growth, turnover and profit goals
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