Thursday 29 October 2015

Importance of People Management for a successful marketing strategy


A business works because of its key asset- the people. Any marketing strategy is not good enough if it hasn’t considered people management. The products of a business, no matter how good they might be, will not make the consumers happy if the people management techniques are poor. A business can have the best of products, best packaging, and best advertising; if the business doesn’t have knowledgeable, motivated, driven, trained, enthusiastic people around- the marketing strategy will fail.
Does People management only include your employees? Look at it at the macro level. People management includes management of your employees, suppliers of materials, wholesalers, distributors, clients, agents, business partners and everybody that makes your product a success in the market.
For a successful marketing strategy, people management should begin at the internal level with recruitment which involves getting the right people for the job. Well trained management trainees and well experienced employees make your marketing strategy firm. It is important to keep the employee trainings ongoing in any business. It develops people by enhancing their knowledge and skills. Evaluation of people performance, motivating employees to achieve targets, providing recognition, rewards and growth opportunities for talented people goes a long way in developing a good marketing strategy.
Marketing strategy rests largely on how a business treats its partners and people who help make the business product a success. A business should always choose and work with such people who are compatible, likeminded and have the skills and tools that will help the business grow. Next comes the budgeting, the infrastructure, the value for money invested. But most importantly people management rests on the goodwill the suppliers and the clients have in the market, the trust they have developed in supplying the products and services on time; without any damage.
A key point to note for a successful people management strategy is to engage people at all levels. While creating a marketing strategy one looks at the details of products and the target audience. But a good people manager takes into consideration the people at every level who make that marketing strategy a success for the business. When people from the lower ranks are also involved and made to feel important; the people management technique becomes a hit. Training of skills should not be limited to managers alone. Instead training should also be provided to factory workers and low level employees.
People management is an important aspect which many tend to take lightly at times. Without the people who help you make what you are; neither will your marketing strategies nor your business score in the outside world.


Tuesday 6 October 2015

How to Give Powerful Business Presentations

While you want to influence the audience, it is vital that you have a clear path to follow. Going to the business presentation unprepared may lead to rejection without any solid call-to-action.

Make sure that you know  what you're talking. Content is the most significant factor of any presentation. However, in case you're concentrating on business management presentation which looks to influence people, you need to focus on the message that you wish to deliver. In case you deliver the content which doesn't go with the products, people won’t trust you and you won’t become successful in sales conversion.

While hosting any presentation it becomes important not to  get  too much excited . You are trying to convince them to take a decision according to what they need. Incidentally, you should always be prepared  that your spectators who may be thoughtful, may not understand the content.

In some cases there may be a conflict of opinion, however don't treat that as anobstruction. Instead, explain your understanding about all the viewpoints and attach it with your content to provide a solution wherever possible.

You also need to make sure that you incorporate appeals which are logical,ethical, and expressive. Have proof /success stories as back up of the content that you are providing for business strategy. Such evidence might include testimonials ofexisting clients, or opinions of somewell known experts.


To make sure that your business presentation becomes successful, it is very important that you become well aware of the benefits that the audience may enjoy based on your recommendations in business management presentations. Correspondingly, it is vital that you have sufficient information to counter any obstacles which may come in your way. Prior to taking the final judgment about what details should be given in the business strategy presentation, devote some time and do some thinking and reflection.

Sunday 4 October 2015

A Winning Business Strategy



There are many entrepreneurs who work but tend to fail. The reasons maybe many, but the most common of them would be to make errors in their business management strategies.

A good business strategy should be designed in order to bring success by avoiding failure. Even if you have a workable business strategy, sometimes, due to unforeseen situations, there may be failures. The key is to learn from them, commit to your work and rework. 

Some gaps that lead to a failure in business strategies can be:

Research and Planning

An important aspect in business strategies, sometimes there is a danger to fall into the trap of too much research and business planning. Too much detail can be mind boggling at times. Sometimes the quantity of an analyses and too much data in a business presentation can lead to too many issues and the team might not know the most important business strategy to follow.
  
Understanding the client
 
It is important to know what your customer’s/client’s needs are. A thorough study of the client’s business, a need to make good business presentations as to what the client is looking for and dialogue with the client helps understand and make business strategies accordingly.

The need to capture everything at once

A good business strategy focuses only on one thing at a time. Prioritising is important for a workable business strategy. Doing everything at once, trying to capture every sort of customer at one go; is a mistake people make in business management.

Communication is important

Getting people to believe in your business strategy depends on how well you communicate. A business presentation is a good way used in meetings and conferences to make your point through to clients. Business presentations though, can be critical. Thus by keeping a business presentation simple and giving out the cream information and data, your purpose of communicating your business strategy can be served well.

At last, but not the least, any business strategy doesn’t last forever. Change is necessary. There is a need to explore your competitor’s business strategies and keep doing market research to better your business management skills.