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StrategiesThatWork.com
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We hope you find the following information to be both useful and interesting. At the bottom of this page you will find brief summaries of other articles that may also be useful to you.... Use our contact forms to let us know what you think, other topics we should include, and so forth... |
| Engineering creates your "new and improved" products - you need to make sure they know what your company and your customers want from them. |
Engineering Makes Sales PossibleIf the company's products are inferior or overpriced, the only way sales and marketing can get any products sold is by lying, since no one would purchase anything if they told the truth - "Hi, my name is Mike and I would like for you to purchase an inferior and overpriced product from me because it is all I have to offer you…." The engineering and R & D departments are where the better and less expensive products come from - or at least that's how it is supposed to work. |
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Where Marketing Stops And Engineering BeginsIf the engineering and R & D departments are not requesting market research, where are they getting their direction? Are they building the products they feel the market should want, or are they giving the market what it really wants? How do they know whether the market wants products that are better or products that are cheaper? |
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Accounting For EngineeringIn too many companies, engineering is considered to be an overhead expense. This encourages salespeople and customers to squander engineering time (and that's money) on special projects because the cost of the special engineering is shared by all customers - in essence, subsidized by those customers not requiring special engineering. If one of your competitors charged for such special engineering, they would lose the portion of their business that require special engineering to your company. Since they would not be requiring their standard products customers to subsidize special products customers, their average costs would go down (while yours were going up), perhaps making them more competitive. |
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Engineering And Sales TrainingEngineers make many decisions as they design a piece of equipment. It is fair to assume that the engineer made decisions that would make the equipment more appealing to the customer, either less costly or better functioning. Before the sales force begins to sell the equipment they should be briefed on the hidden virtues of the equipment. Without features that differentiate one product from another, sales and marketing people are forced to compete solely on price (because everything else is the same). Of course, the opposite is also true - before engineering can design / build the right product, engineers need to know what the market wants. You gain no market advantage by offering features that only your engineers appreciate! The engineering differences can enable the sales and marketing team to sell on the basis of features. |
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Engineering Your FutureEngineering is busy designing your company's future - it makes sense to keep them as informed as possible - where the company wants to go, what the customers want from your product, what the competition is up to - engineering thrives on accurate information, and companies thrive with good engineering. |
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Best Picks.......If you are in a hurry and can only read a few articles, the following five are the ones we hear the most about... They are a bit longer than most of the others, but they will give you something to think about....
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Could You Run A Winning Football Team Like You Run Your Company?Teamwork - Coaches and players speak to business professionals, encouraging them to build teams that can win. Let's compare your company to a professional football team....
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Eating The Heart Of The WatermelonThe heart of the watermelon is the sweetest and lowest hassle part - so why bother with the rest? You may not want to follow this thinking at your next picnic, but it sure works when making customer and product decisions! |
Quit Your Company - An ExerciseThis exercise will force you to see your company and the competitive landscape differently than ever before. It will help you decide what needs to be done in order to stop the competition you don't even have yet... |
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Dealers And Distributors (Short Version)You may need dealers and distributors- or not. The real issue is whether your end users feel that they need your dealers and distributors! Companies win when they offer end users what they want.... |
Dealers And Distributors - And "Going Direct"If you have a dealer and distributor network, should you consider "going direct"? Let me ask you this - if a major competitor did, what would happen to you? That's your answer - this will help you see how to do it.... |
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Management TheoriesNot all management theories work - and this section discusses some theories that have problems
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Reality Instead Of TheoryYou can't believe everything you have been taught about business. Most of it is true, good information - the trick lies in knowing which parts to believe, and which parts to reject. |
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Positive Reinforcement MythsPositive reinforcement can result in training and motivational miracles - but there is one little catch...everyone in the "real world" seems too well fed for it to work! |
Truth About Advertising - What Advertising Awards Mean To YouAdvertising awards are something ad agencies love to display - perhaps it gives them a feeling of credibility. It's a shame those awards don't reduce their client's advertising costs or increase their client's sales... |
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"One Size Fits All" Management FadsManagement fads do a lot of damage - they send companies off in wrong directions, and they erode the confidence of managers. How? Managers try the latest fad, and when it doesn't work, they assume it is because they were not good enough - it's a shame, because their instincts are almost always more effective than the fads... |
TQM - The Quality MythTQM has been a major force for a number of years. Although it has lost some of its luster in many circles, its proponents (consultants getting wealthy, perhaps) continue to re-invent it under a constant flow of new names.... |
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Your DepartmentsThe last group of articles in this section apply to sales and marketing. The reason this area is receiving so much attention here is that there seems to be more confusion in that area. Let's just take a quick look at some of your key departments...
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Accounting ExcitementIf business was a sport, the accounting department would be keeping score. Unfortunately, the accounting department seldom provides the kind of information managers need in order to make good decisions.... |
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PurchasingPurchasing is more than "buying what you said you wanted", it is a proactive role that investigates better products and anticipates demand. |
Engineering And R & DEngineering creates your "new and improved" products - you need to make sure they know what your company and your customers want from them. |
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ManufacturingManufacturing - Manufacturing efficiencies largely determine your costs - and costs largely determine your competitive position! Efficiency requires great management, management willing to do what it takes to attract and retain the very best people. |
Entering New Markets - Then Closing The Door Behind YouEntering new markets - you couldn't do it if the companies already in those markets were staying in touch with their customers! Remember that after you enter a market - or you may become someone else's "new market"! |
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Innovate, Renovate, But Satisfy Your CustomersThings have changed faster than most companies have changed - the web, overnight delivery, long distance charges, longer lasting products, direct (to consumer) sales - there are many ways to combine these things to satisfy your customers - and gain market share. |
A Winning Marketing Campaign - Lousy SalesHeartbeat Of America. The ad campaign won awards, but market share slipped. Winning companies match great marketing with great products - then the competition loses while consumers win. |
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Strong Companies Win In Efficient MarketsMarketing is not the art of lying without getting caught. When your product is the best choice, there is no need to lie. |
Applied Market Research - Satisfied CustomersMarket research can come from a consultant, but it should also come from your own employees. Having market research means nothing, however, if you don't use it to make customer driven decisions. |
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Selling To People - Not MarketsSometimes we can forget that markets don't buy anything, people do. Market research is valuable, but make sure it tells you about real people. Nobody wants your product - they want a way to solve a problem or meet a need - perhaps your product can help them accomplish that. |
Advertising For Sales, Not AwardsAdvertising - why are you doing it? If it is for sales, you may need to make sure your agency understands your priorities - instead of pursuing "awareness" and "impressions" - if you want sales, hold them accountable for sales! |
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The Rest Of It...Not everything fits into a file, box, or compartment - this is the rest of it....
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StrategiesThatWork.com HomepageMarketing should not be a lie - build a company with productive labor, efficient purchasing, great design, accurate accounting, rational distribution - and the result is a truth you are proud to tell. Marketing becomes a simple matter of telling the truth to people who are interested!
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Eating The Heart Of The WatermelonThe heart of the watermelon is the sweetest and lowest hassle part - so why bother with the rest? You may not want to follow this thinking at your next picnic, but it sure works when making customer and product decisions! |
Dealers And Distributors - And "Going Direct"If you have a dealer and distributor network, should you consider "going direct"? Let me ask you this - if a major competitor did, what would happen to you? That's your answer - this will help you see how to do it.... |
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Dealers And Distributors (Short Version)You may need dealers and distributors- or not. The real issue is whether your end users feel that they need your dealers and distributors! Companies win when they offer end users what they want.... |
Quit Your Company - An ExerciseThis exercise will force you to see your company and the competitive landscape differently than ever before. It will help you decide what needs to be done in order to stop the competition you don't even have yet... |
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Three Kinds Of EmployeesThe right employees are one of the most important resources a company has. Most employers are quite aware of how valuable a great employee can be, but have a difficult time figuring out who the great ones are. It helps to divide the work force into three groups.... |
Your Mission Statement - What It MeansA mission statement is not something you can carve in a plaque next to your door, because it needs to change. Mission statements establish priorities, and if customer satisfaction is not at the top of those priorities, you may have a problem. |
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Could You Run A Winning Football Team Like You Run Your Company?Teamwork - Coaches and players speak to business professionals, encouraging them to build teams that can win. Let's compare your company to a professional football team.... |
Performance ReviewsPerformance reviews. Yawn. While performance reviews are not exciting, few things can do more to shape your company. Done right, they can make a big difference... |
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"Honey, We Need To Talk""Honey, we need to talk" are terrifying words when they come from your spouse. You may feel that you have an "open door policy", but walking in that door feels a lot like "Honey, we..." to most employees. You need an easy way to stay in touch - like lunch! |
Partnering And Sole SourcingPartnering - we hear a lot about it, but if you aren't willing to be a partner in your purchasing, you are not ready to ask your customers to trust you in that role....walk in their shoes for a moment. |
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Customer Focus"Customer Focus" is something we hear a lot, but seldom results in much action. Funny, isn't it, that customers are the only people who leave money in your company - everyone else is there to take some out.... |
Science Of YourcoYou don't have to look further than the nearest business magazine to find a few easy steps to management success - so why bother to develop a "Science Of Yourco"? |
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