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Sunday, February 12, 2017

Some Of The Manufacturing Marketing Strategies

By Kathleen White


For manufacturing firms, there has been a great shift from brand awareness marketing strategy to marketing in order to push sales. Whatever the manufacturing marketing firm goal is, it is important to communicate the following to customers.

Unique capabilities that a firm has over the competitors.

Communicating this information down the supply chain is valuable so that the distributors are ware of the target markets needs. Additionally, also get information as to why the resellers or distributors would want to sell your product as opposed to selling the competitors products.

Resellers and Distributors Dealers, agent or independent representatives are solely held accountable for reaching the goals of the organizations in terms of sales. Incentives are necessary at this stage to make sure that the sales team, resellers and distributors are motivated to push your products.

Marketing for the manufacturing industry has moved on from billboards, leaflets and television commercials. Like every sector, technology, tastes and preferences have forced manufacturers to adapt to market conditions and changing buying cycles.

Do they customize products and services to suit customers preferences. Do the firm deliver solutions that customers have not yet even considered?

Do the firm use new technology so that end products are accurate. Van the firm offer after sales service to customers as and when required?

No matter what type of product a firm is marketing, it comes down to communicating uniqueness of the firm in order to beat competition.

Facilitating an ecosystem. Manufacturing companies can benefit a great deal from creating online communities that their customers can use to communicate with each other and share knowledge.

Utilize search engine will help a firm appear on the top list when a customer searches for goods that a company manufactures. A company might take advantage of this feature which makes the company known and also save the costumers time on search engines.

Ones the marketing of manufacturing firm is done effectively then the question manufacturing firms ask of what to produce next, which needs the planning of the capacity needs forecasting and preparing accordingly

Threats are the external limiting factors that affects the sales of the company. This might also be factors that limit the company attaining its goals. Examples are, government taxes, technology being rendered obsolete. Current marketing data that shows all dynamics of the strategies and the outcomes of the different companies.

S. M. A. R. T Goals. Goals must be Specific. Measurable, Attainable Realistic and must be time bound Being specific on what your team intends to accomplish drives them forward. Goals must be measurable against a certain matrix that is set by the company. Example can be assembling and selling 50 cars in a period of one month. The measuring matrix here is the number of cars to be sold in a given period of time

The goals set must be realistic and must have a time frame for achieving them. Analyzing he buyer or target market behaviour, culture or even ages. This affects the buying patterns of consumers to a great extended and hence affecting the outcome.




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