Biznology

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Are your marketing personas your sales market segments?

Biznology

The problem comes in when you haven’t thought through how those personas relate to market segments. Market segments are often used in marketing plans to decide which groups of prospects to target, but they are also frequently used in sales plans. Often, sales teams take different approaches with different market segments.

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Forget Rewards: Why B2B Loyalty Marketing is Different

Biznology

If the seller delivers a good product or service, on time, at a reasonable price, offers new ideas and solutions, and becomes a trusted partner, that’s what will keep the competitors at bay. Segment your customers by value and differentiate your treatment of them. It’s usually not price. There are better ways to go.

Loyalty 104
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How social media is changing what brands stand for

Biznology

Traditionally marketers define “value” with a simple formula: benefit divided by the price. Today consumers buy brands not just for the product promises and/or price, but more often for what the brand stands for. And how do they continue to encourage customer engagement without risking some alienation of polarized segments?

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How purposeful branding is driving millennials and social entrepreneurship

Biznology

More and more, consumers are buying brands not just for what it does, but also what a brand or the parent company stands for–e.g. This segment has recognized that the same jobs lost in the 2008 recession will never come back. A key driver for this trend is the emerging values of millennials and purposeful branding.

Branding 159
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4 Metrics Every Business Should Be Monitoring

Biznology

Each area of your business has key markers that will help you see if you need to give more attention to one segment of your business than another. No matter how popular that offering might be, if it isn’t making you money, it should either go or you should raise the price. There are about 30.2 Analyze Everything.

Business 132
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Is your brand making maximizing interest from potential customers?

Biznology

People cannot buy from you if they’ve never heard of you. As email marketing platform Campaign Monitor explains , “Emails with personalized subject lines are 26% more likely to be opened and marketers have found a 760% increase in email revenue from segmented campaigns.” Give them a kickback or discount if a friend buys from you, too.

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Integrating mobile video branding into the auto purchase funnel

Biznology

We draw inference from Search interest analytics, internal site searches, database segmentation, and behavioral tracking. The What to Buy Moment (Top Funnel). Here’s where the use of Mobile really steps up as searching for pricing, discounts, incentives, and trade in values all play a part in the number crunching.