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Marketing Your Business

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Presentation on theme: "Marketing Your Business"— Presentation transcript:

1 Marketing Your Business
The reason we promote our business locally is to increase PROFITS

2 Two Methods Blanket Marketing Target Marketing

3 Customer Contacts 2% of sales made on the First Customer Contact
3% of sales made on the Second Customer Contact 5% of sales made on the Fourth Customer Contact 10% of sales made on the Third Customer Contact 80% of sales made on the Fifth Customer Contact

4 What is a Customer Contact?
Customer Contacts What is a Customer Contact?

5 Every 100 cards expect up to 2 Enquiries not Orders
Customer Contacts Every 100 cards expect up to 2 Enquiries not Orders

6 Local Promotional Plan
Last produced in 2010 updated for 2015

7 Financial Changes in Circumstances
Customers Who Stop Our Service Customers Die Customers Move Customers Retire Financial Changes in Circumstances

8 Case Study

9 1960’s Had 88% Market Share of Stout Market in UK
Guinness in UK 1960’s Had 88% Market Share of Stout Market in UK In First Year lost 31% market Share

10 Guinness in UK Doubled Marketing Budget in third year
Increased Market Share by 1%

11 Guinness in UK Did not recover their original Market Position until early 80’s Cost over 20 years Equivalent to 5 times original budget each year

12 Pick what you want from the program
2015 Promotional Campaign Pick what you want from the program BUT Do IT Well!

13 2.5% of Projected Turnover to Maintain Status Quo
How Much Should I Spend? 2.5% of Projected Turnover to Maintain Status Quo 4.0% of Projected Turnover to Increase Turnover if profitable last year 10.% of Last Year's Turnover to Increase Turnover if Unprofitable last year

14 Target 10,000 Telephone Calls
An Increase of 87% on 2014


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