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Transcript of gmarketingintroductiondraft11-140518081438-phpapp01
In this presentation we are going look at
What is Guerrilla marketing?
Why the traditional ways won‟t work anymore: Guerrilla marketing VS Traditional
marketing
Guerrilla Marketing Psychology: The difference that makes the difference to your bottom-
line profit
Why you must switch to G Marketing esp. if you are an entrepreneur?
How to develop a Guerrilla Marketing Plan?
Know If your marketing is working for you?
Selecting MOST LETHAL Marketing methods and maximizing their power
Eye opening real world Case studies of G marketing
Guerrilla Marketing Introduction
The Street SMART way to market your product, idea and YourSELF!
What is Marketing &
Guerrilla marketing?
What is Marketing?
Marketing is
every bit of contact
your company has
with anyone in the
outside world. Marketing is the art of
getting people to change
their minds or to
maintain their mindsets if
they are already inclined
to do business with you.
It is also truth
made
fascinating and
it depends on
vivid
imagination.
It is also…
NAME of your business,
The decision whether you will be selling a
PRODUCT or a SERVICE
THE METHOD of manufacturer or servicing,
The COLOR, SIZE, and SHAPE of your product,
The PACKAGING & LOCATION of your business
Advertising, Public Relations.
What is Marketing?
And …
Web site, branding, email signature, voicemail message on your machine and sales presentation, the telephone inquiries, the sales training, the
problem solving, the growth plan and the referral plan and the
people who represent you and
your follow up.
What is Marketing?
What is Guerrilla Marketing?
In simplistic definition, Guerrilla Marketing is achieving CONVENTIONAL
GOALS of revenue with UNCONVENTIONAL MEANS.
Meant for the entrepreneur who is LOW ON BUDGET but want to SERVE
AND EARN WELL
It is NOT a PARTICULAR TYPE of marketing which is different than all
other rather it is a result of PARTICULAR WAY OF THINKING which is
ready to utilize everything and pay attention to details leading to the goal of SERVING and EARNING WELL.
Why the traditional ways won‟t work
anymore,
Guerrilla marketing VS Traditional marketing
Traditional marketing VS Guerrilla marketing
Invest money.
Mostly based on
judgments & Guesswork.
Focuses efforts on making
the sale with a notion that
marketing ends once the sale
is made.
Invest Time, Energy,
Information & Imagination.
Based on Psychology and
Behavior.
Focuses on Creating Relation
and Consistent Follow Up.
Focuses on eliminating the competitors
Urges to use a LOGO
Most of the time its „ME‟ marketing.
Traditional marketing VS Guerrilla marketing
Focuses on Collaborating
with the Competitor in Joint
Marketing effort
Instead of LOGO it uses MEME
Its always „YOU‟ marketing
Is driven by disjointed or
single method of marketing
like advertising or PR
Is aimed at LARGER groups
Traditional marketing is a
MONOLOGUE
Is driven by Marketing
Combinations, all aimed at a
single purpose of making
profit
Is aimed at SMALLER Groups
Guerrilla marketing is a
DIALOGUE.
Traditional marketing VS Guerrilla marketing
Your Focus
60%Existing
customers
10%Universe(target
customers/market
30%On prospects
What is a Meme
• a visual or verbal symbol that represents your company and
product/idea.
• Examples of MEME
Guerrilla Marketing Psychology: The
difference that makes the difference
to your bottom-line profit
Guerrilla Marketing Psychology
Why customers buy and is it always rational?
To make your
material or
content enticing
to both include all
the factors
Right brained people
are appealed by
pictures, color,
design, rhythm and
space
Understand how
decisions are made not
in the conscious but in
the Unconscious mind
Logical or left brained
people respond
numbers, logic(why?),
bulleted lists and details
Different
people respond
to different
things
Guerrilla Marketing Psychology
Unconscious mind
Brain uses images to help the conscious
mind understand
The unconscious mind can link
multiple messages
The unconscious makes the decision before consulting
the conscious
The unconscious mind controls the internal dialogue
The unconscious is much smarter
than the conscious mind
The difference that makes the difference to your bottom-line profit
Why you must switch to Guerrilla
Marketing esp. if you are an
entrepreneur?
Entrepreneur ? Time to be a Guerrilla
Because the COMPETITION IS TOUGHER, smarter and more aggressive than before.
You must rely on something EFFECTIVE but LESS COSTLY.
The MORE AWARE of marketing you are the MORE ATTENTION you will pay to it. INCREASED ATTENTION will result in BETTER MARKETING of your offerings.
Guerrilla marketing SIMPLIFIES THE COMPLEXITIES in marketing and explains how enterpreneurs can use marketing to generate maximum profits from minimum investments.
Why Guerrilla Marketing?
How to develop a Guerrilla Marketing Plan?
Your prospect is asking2 questions
marketing plan that works
Engage in
research
Attend to all
detailsDevelop
a core
story
Pre-work before creating the plan?
Guerrilla Research
Research
Free/Inexpensive
Questionnaires
Talk to your competitors
Internet
Library and journals
Paid
Later when you have money!
ATTEND TO ALL DETAILS
1. Find the INHERENT DRAMA within your offering.
Something in your product must be inherently interesting.
2. Translate that inherent drama into a MEANINGFUL BENEFIT.
3. State your benefits in as believable a way as possible.
For ex. The word „almost‟ lends believability
4. Get people‟s ATTENTION.
Don‟t create ads that people remember the ad and forget the product
5. Motivate your audience to Get Involved.
Tell your audience what do you want them to do
6. Be sure you are communicating clearly.
Zero ambiguity is your goal
Making YOUR PRODUCT Irresistible
2 most important thing you should know if you want to succeed as a Guerrilla Marketer
1. Start with a plan
2.Commit to that plan
Guerrilla marketing plan
Ask yourself ….
What business am I in?
Who is my target customer/markets?
What is my goal?
What benefits do I offer?
What are my competitive advantages(niche)?
Who are my direct competitors? What are their strengths and
weaknesses?
Who are my perceived competitors?
Have I researched the demography and psychograph of my market?
Guerrilla marketing plan
What is your Niche?
• Niche: A recess in a wall, as for holding a statue or urn.
→In marketing sense it means a
gap in the existing market that
your product can fill.
Guerrilla marketing plan
Clarifying your POSITION :-When you have clearly focused on Your market, you can clarify your market position
Measure it against 4 criteria:
1. Does it offer a benefit that my target audience really wants?
2. Is it an honest to goodness benefit?
3. Does it truly separate me from my competition
4. Is it unique and/or difficult to copy?
Guerrilla marketing plan
1. The purpose of the marketing-the physical action you want your prospects to take, {ex. Clicking to
a website, visiting you store, clipping a coupon, calling a toll free number, looking for your product
when shopping, taking test drive, asking the doctor about your product.}
2. What is your COMPETITIVE ADVANTAGE and BENEFITS?
3. Who are Your TARGET CUSTOMERS /Market?
4. What MARKETING WEAPONS will you use?
5. What is Your NICHE and your POSITION that you stand for?
6. What is the IDENTITY of your business(what your business is really about, your personality)?
7. What is your BUDGET IN % of your projected revenue?
Guerrilla marketing plan
The 7 step blue print
And you must remember
Your Marketing Plan should be SHORT because then you will be focused.
It should be SIMPLE so that when you read it later yourself or with your allies, partners they should understand it immediately because your strategy is CLEAR and DIRECT.
The shorter it is the easier it is to follow.
A good marketing plan is not changed too frequently .
COMMIT To Your Marketing Plan after you have started.
When practicing Guerrilla Marketing you must be MORE
CREATIVE THAN YOUR COMPETITION in every aspect of
marketing. Be sure that you create your marketing plan
properly, intelligently, clearly, creatively and consistently.
And you must remember
WHY TO BE CREATIVE?
The test of creativity is PROFIT
Creativity = profit
Creativity comes knowledge. You must have KNOWLEDGE of
your own product or service, your competition, your target
audience, your marketing area, the economy, current events,
and the trends of the time.
Guerrillas should be attuned to world happenings, the
situation and trends around.
Guerrillas are GENERALISTS not specialists.
Know If your marketing is
working for you?
Your marketing is NOT WORKING IF
i. Your sales are driven MOSTLY BY PRICE.
ii. Customer cannot distinguish your products or services from those
of your competitors. So NO COMPETITIVE ADVANTAGE.
iii. You use DISCONNECTED SALES METHOD.
iv. You do NOT HAVE A UNIFIED PLAN for imparting your message to
your customers and to the trade.
v. Most sales leads come from your sales staff.
vi. Long time customers say that “I didn‟t know you offered that”.
vii. You do NOT HAVE a customer or prospect database.
Selecting MOST LETHAL Marketing
methods and maximizing their power
How to select, maximize and eliminate?
STUDY ALL marketing methods esp. the onescompatible with your business.
Assuming you have identified your targetcustomers LAUNCH MANY METHODS dependingupon your target audience and budget.
KEEP TRACK of the methods.
Double up on the ones which are working,FOCUS MORE on them, Sharpen them andMAXIMIZE their power.
ELIMINATE the ones which are Failing.
MOST Lethal marketing weapons
And you must remember
They all should point in one direction
Your marketing plan
Your marketing tools
Your communication
Your advertisements
Your product design
Your presentation
Guerrilla Wisdom
The most important thing is to reach the greatest number of
eyes (or ears) in the most effective way possible.
Differentiate where it counts. If your store, service, or product is just
another "me too" player in a crowded field, you're doomed. And just
being different isn't enough -- being different in this economy means
BEING DIFFERENT IN A WAT THAT MAKES SENSE TO CONSUMERS.
Guerrilla Wisdom
Your customers are looking for THE EXPERIENCE! In a world of nearly
infinite choices, easy price comparisons, and instant access to perfect
information, consumers are going to base their buying decisions on
what company provides the MOST COMPELLING EXPERIENCE (all other
things being equal). The winning marketers of the future are those that
have the best stories to tell, not necessarily the best prices.
Guerrilla Wisdom
THERE IS NO „ONE‟ solution to marketing to consumers.
While tactics such as permission marketing, viral
marketing, wireless advertising, and location-based
marketing all have very good applications, none of
them are or ever will be THE answer in every situation.
Guerrilla Wisdom
Jumping into the latest fad of the minute is one sure way to
waste a lot of money, especially as new technologies come
along. TEST, MEASURE, OPTIMIZE and keep your eyes on the
lookout for better ways to reach your targets. Chances are
the BEST way will always be a COMBINATION of new and old
ways.
Guerrilla Wisdom
RESOURCES
• Gmarketing.com
• Gmarketing.com>Newsletter
• YouTube>Guerrilla Marketing
• Marketing.about.com/od/
• Google>Guerrilla marketing
• Amazon.com>Books