The Golden Rules of Practical Marketing: What Every Business Owner Must Know
By Ali Asadi
()
About this ebook
Ali Asadi
Ali Asadi is a well-known and respected author and professional business consultant. As the owner of Asadi Business Consulting, a management consultancy firm, he specializes in helping small and medium-size businesses achieve success in today’s highly competitive business environment. He has more than fifteen years of business management experience and focuses on all aspects of business management consulting, coaching, and marketing. Ali is particularly knowledgeable and exceptionally skillful in analyzing your particular business needs and developing innovative techniques and proactive processes that can add value to your organization and increase profit potential. He takes a personal, hands-on approach, working directly with owners and senior executives to fine-tune business strategies for maximum benefit to you and your business. This one-on-one personal relationship with clients ranging from start-ups to well-established firms has served him well in many different fields, including medical services, transportation, construction, agriculture, technology, interior design, and retail. People truly appreciate his caring and sincere approach to helping them achieve success in their business ventures. Ali holds a B.S. degree in civil engineering and master’s degrees in business administration and information technology. He currently lives in Los Angeles, California, and is frequently active in community affairs and enjoys helping business owners and others across a wide range of private, public, and nonprofit organizations. Ali Asadi is truly a man of the people.
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The Golden Rules of Practical Marketing - Ali Asadi
© 2013 by Ali Asadi, MBA, MA(IT). All rights reserved.
No part of this book may be reproduced, stored in a retrieval system, or transmitted by any means without the written permission of the author.
Ali Asadi
P.O. Box 783,
Manhattan Beach, CA 90267
www.aprofitmaker.com
Published by AuthorHouse 04/26/2013
ISBN: 978-1-4817-3774-6 (sc)
ISBN: 978-1-4817-3775-3 (e)
Library of Congress Control Number: 2013906453
Any people depicted in stock imagery provided by Thinkstock are models, and such images are being used for illustrative purposes only.
Certain stock imagery © Thinkstock.
Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The author and the publisher do not warrant that the information contained in this book is fully complete and shall not be responsible for any errors or omissions. The author and publisher shall have neither liability no responsibility to any person or entity with respect to any loss or damage caused or alleged to because directly or indirectly by this book.
Table of Contents
Acknowledgments
Preface
Section 1 Marketing in a Changing World
Who is Responsible for Marketing?
New Trends and Challenges of Marketing
Is Marketing only Advertising?
The Importance of Knowledge
Section 2 Situation Analysis— Where Do You Stand?
Situational Analysis in Simple Terms
Looking Ahead
Conducting Situational Analysis
The 5 Cs
Company Analysis
Customer Analysis
Competition Analysis
Collaborator Analysis
Climate (Market) Analysis
PEST Analysis
SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
Example of SWOT Analysis
GAP Analysis
Sample GAP Analysis
Chapter Summary
Section 3 Strategic Market Planning
Importance of Strategic Marketing Planning
Goal Setting
Advantages of Goal Setting
Mission Statement and Strategic Marketing Planning
From Mission Statements to Strategic Marketing Objectives
Marketing Decision-Making
Deciding on which Markets to Enter
Budgeting for Marketing
The 4 Ps of Reliable Strategic Marketing Planning
Chapter Summary
Section 4 Implementation & Control
Implementation and Control of Marketing Strategy
Hiring the Right Marketing Staff
Marketing Staff Performance Management
Keeping Marketing Aligned with Business Goals
Marketing Project Management
Project Implementation Tools
Using Online Tools and Cloud Computing
Productivity Software and Online Tools
How to Control Your Marketing Effort
Situational Analysis after Marketing Campaign
Chapter Summary
Section 5 Practical Tips to Improve Marketing
Web Designing
SEO: Get the Search Engines to Find Your Website
Online Marketing Tools
Google Analytics
Google AdWords
Google Places:
QR Codes
Social Media Marketing for Small-Business Owners
LinkedIn:
Google +
Foursquare
Hootsuite
Social Mention
Klout.com
A Caution about Social Media
Social Media and Offline Marketing
Brochure Designing and Distribution
Gotprint.com
Vistaprint.com
Online Brochure Designing
Referral Marketing
Referral Key
Tracking Your Business Reputation Online
Handling Complaints
Using Video to Market Your Product
Email Marketing
MailChimp
Constant Contact
AWeber
Text Marketing
GroupMe
The Red Velvet Rope Policy
Chapter Summary
About the Author
A Note from The Author
Also By Ali Asadi
Bibliography and Suggestions for Further Reading
Journal Articles
27108.pngThis book is dedicated to my loving parents, Mohammad & Ashraf.
Without their knowledge, wisdom, and guidance, I would not have the goals I have to strive for and the determination to be the best that I can be to reach my dreams!
27113.pngAcknowledgments
A ny book, even a small one such as this, cannot be produced without the help and guidance from a number of people. In writing this book, I, too, have received much guidance and help, which I gratefully acknowledge. Here are some people I wish to thank by name.
My parents, Mohammed and Ashraf, have always been an inspiration throughout my life. I truly value their support, guidance, and encouragement.
Dr. Nosrat Nabavi, a dear friend and trusted advisor, whose support has been most welcome during challenging times.
I also want to thank Sanjay Srivastava for his contribution and Doug Russell for doing a great job in editing this book.
Thank you all. I look forward to your continued support.
Preface
T housands of books have been written on marketing. Why another one?
When I was studying for my degrees and later when I was busy trying to establish my own business and consulting service, I found that there is a gap between theory and practice.
Don’t misunderstand me. There is a need for sound theory and deep knowledge, but many small businesses do not need to go into all of that. Quite possibly, with all the different hats that entrepreneurs have to wear, there may not even be time to really get into theory.
What I have attempted to do in these pages is to present some things that have been tested and proven to work. Rather than go into detail, I have put together those tips that have been successful. Put them to use in your own ventures and you will find that they simplify your marketing efforts and put you on a faster path to success. That is why I have called this book The Golden Rules of Practical Marketing.
I continue to learn every day, and I hope you will too. If I have missed something or you know something that works better, please let me know. I will be grateful.
After all, marketing is a constantly developing discipline.
Ali Asadi
Business Success Expert
www.aprofitmaker.com
Image.2.jpgScan to visit my Facebook page
Section 1
Marketing in a Changing World
N o business, no matter how innovative its product or service, can function in a vacuum. A great many factors contribute to the success of your business. They can be a great product, good strategy, superior implementation, as well as great employees and a good IT environment. While companies can vary individually, successful ones have one thing in common—they are all customer focused.
Any successful company is absolutely customer focused, must know customer needs, and then fulfill that need better than anyone else can. Successful companies know that if they look after their customers, everything else will follow.
Business has only two functions—marketing and innovation.
Peter Drucker
Eventually, marketing comes down to delivering customer satisfaction while making a profit. Its goal is to attract new customers while retaining present ones. Many people still think of the old definition of marketing—The process or technique of promoting, selling, and distributing a product or service.
The focus, if you notice, was on selling and products or services.
Today, marketing is understood to be a set of activities and processes undertaken by different sections of a company that create, communicate, deliver, and exchange products and services that have value for customers, clients, partners, and society at large. The focus now has become more organizational and customer centric.
Regarding the modern definition of marketing, responsibility is placed with the organization rather than with a few individuals or with the marketing department. We now consider marketing as a fundamental function of the organization rather than as an add-on to manufacturing. There is a great need to integrate marketing with all functions of the company. Marketing today is now all about delivering value and creating great communication links both inside and outside the company and is not confined to selling alone.
All professionals need to market their skills. How else will your prospective customers know about your superior skills unless you tell them? Accordingly, marketing is as important for individuals as it is for companies. Business groups such as lawyers and doctors in a hospital and individuals such as plumbers and taxi drivers can all benefit by marketing their services and capabilities. Many nonprofit organizations, e.g., schools, charities, and even churches, have now begun to market themselves.
Who is Responsible for Marketing?
The modern definition of marketing implies that the entire organization is responsible for marketing itself. It is not confined to just a few individuals alone. In this context, marketing becomes a strategic function, and its purpose is to create, communicate, and deliver value. Most of the work you do in your company has something to do with marketing. If you are networking socially, you are marketing.
A friend my mine once said, "One day, as I was walking my dogs, a man said hello to me and admired my dogs. We walked together for a while and talked of the dogs and their characteristics. I could make out that he knew a great deal about dogs even though the man kept a low-key profile. As we parted ways, he reached into his pocket and handed me a card. ‘By the