11 Secrets to Marketing in a Down Economy (Part 11)

A year ago we published a paper on marketing in a down economy. We identified 11 key tactics. I have been sharing them in this blog over the past several weeks, but if you want them all at once you can download the paper free.

Step 11, which is useful as we move through the bottom of the trough, is to “improve.” Determine the root cause of your last few marketing/sales failures (or at least where you got less than expected) and put an improvement plan in place. Make measurement and metrics a foundation of what you do in marketing/sales. Do not succumb to the myth that marketing is an “art” and cannot be accurately measured, or that there are too many variables.

Marketing/Sales is a business process, and like all of the others it is managable and improvable. Make a commitment to doing so, now and forever.

Mitch

Advertisements
This entry was posted in Down economy, marketing performance management and tagged , , . Bookmark the permalink.

2 Responses to 11 Secrets to Marketing in a Down Economy (Part 11)

  1. There is very little regardless of whether the economy is up or down, that will add value to a business like treating marketing/sales as a manageable, improvable business process. It is key to maximizing enterprise value. Having proven processes in place can bring big rewards when you go to sell your business. For more free information see http://www.selling-a-business-without-stress.com. This actionable information can help you whether you are preparing to sell your business or just want to make it better.

  2. Pingback: Seven Steps To Value Acceleration (Part 6) « Value Acceleration

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s