Service:
Strategic Marketing, Blue Ocean Strategy
Industry
IT, Retail, eCommerce
Integrated Marketing, how it works?
GOGLOBAL101 helps rollout a complete and comprehensive marketing program for SMB's with focus on capability increase, without need for extreme increase in expenditure and resource build up.
Background
Small to Medium size organizations face this consistent challenge of resources i.e. from capacity, capability and financial perspective.
Vertical domain understanding of how to conduct marketing, along with the right kind of tools is a demanding task on to its own.
PROBLEM / OPPORTUNITY STATEMENT
Businesses face challenges in effectively reaching customers through traditional marketing methods and need to find new ways to connect with customers. Integrated marketing offers a solution to this challenge by combining multiple channels to reach customers in a unified and consistent way.
CRITICAL CONSTRAINTS
The biggest constraint in implementing integrated marketing is ensuring that the various marketing channels and tactics are aligned with the overall marketing plan and business strategy. It is also important to have the right resources and expertise to execute the marketing plan effectively.
KEY OBSERVATIONS
Key observations related to integrated marketing include the importance of aligning the marketing plan with the overall business strategy, the need for the right resources and expertise, and the importance of measuring the results to continuously improve the marketing plan.
SOLUTION
Integrated Marketing is a solution that involves the use of multiple marketing channels and tactics to create a unified and consistent message. This can include channels such as email, social media, direct mail, advertising, public relations, and more.
APPROACH TO SOLUTION
The approach to integrated marketing involves creating a marketing plan that aligns with the overall business strategy. This plan should take into account the target audience, budget, and the desired outcomes. Once the plan is in place, the various marketing channels and tactics can be implemented in a coordinated manner to reach the target audience.
KEY SOLUTION METRICS
The metrics for measuring the success of integrated marketing include increased website traffic, increased engagement on social media, increased brand mentions, increased leads, and increased sales.
SOLUTION LIMITATIONS
Integrated marketing can be limited by budget, resources, and expertise. It is also important to ensure that the target audience is reached effectively through the chosen channels and tactics.
PROCESS APPLIED
Integrated marketing is a solution that involves the use of multiple marketing channels and tactics to create a unified and consistent message. The process involves creating a marketing plan, aligning the various marketing channels and tactics with the overall business strategy, executing the marketing plan, and measuring the results.
REVENUE IMPACT
The cost of implementing integrated marketing can vary depending on the scope and complexity of the marketing plan. However, the cost is typically a combination of personnel expenses, advertising costs, and technology expenses.
AD-HOC CONTRIBUTORS
Integrated marketing can have unexpected impacts on the business, such as increased brand awareness and customer engagement, improved customer relationships, and increased sales.
KEY BENEFITS OF SOLUTION
The key benefits of integrated marketing include improved brand awareness, increased customer engagement, enhanced customer relationships, and increased sales.