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Constructing an inward investment marketing strategy for 2013/14




                                                                   1
THE UK HAS THE MOST OPEN AND BUSINESS-ORIENTATED
    ECONOMY OF EUROPE, WITH THE MOST FLEXIBLE LABOUR
    MARKETS, AND THE LEAST RESTRICTIVE SYSTEMS




David Lines                                            2
Strategic issues for investment marketing in 2013/14



   Linking effectively to Number 10/PD Partners and implementing
   GREAT. Also campaign selection and development

   Segmentation and messaging/value propositions

   Propensity of (sub)sectors and markets to invest and marketing ROI
   for particular sub-sectors

   Applying learnings from 2012/13




David Lines                                                             3
Strategic issues for investment marketing in 2013/14


   As part of our work with the Government Digital Service, look at our
   online investment presence going forward and the global reach for our
   messaging

   Making and keeping our promises to customers: Marketing
   communications resources and guidance for the entire network




David Lines                                                                4
Campaign selection and development


   Investment Development’s “product/marketing criteria” process will
   help us inform us to choose the right campaigns

   “Toolkits” will enable single country marketing managers to adapt
   material and run campaigns. This will give us more marketing for less
   budget

   The campaign team will give social media guidance and training for
   the global FDI network

   Campaigns should integrate and plan all marketing communications,
   and have a relationship marketing and investor development element
David Lines                                                                5
Segmentation and priority sectors and markets


   This brainstorm group has used an “entrepreneur/SME/corporate”
   segmentation to recommend marketing messages and channels for
   the four customer journey stages. We know the basic drivers are
   “market seek, technology seek, efficiency seek”

   We will soon know the (sub)sector and market priorities and a
   judgement call will be needed on how receptive they will each be to
   marketing approaches, and how they link into GREAT campaign
   priorities. Pilot testing will give greater insight into customer wants and
   needs



David Lines                                                                      6
Applying the learnings and moving forward


    Leverage the awareness GREAT has delivered globally and realise its
    full business nation branding potential, especially in the 2013/14
    GREAT priority markets and maximise the opportunity of digital

    There should be a climate of innovation and challenge to the status
    quo learning from HOTHOUSE. Video will grow in importance and the
    default will be digital. Cross cutting themes like innovation will be
    developed, plus cluster-based marketing on the Tech City model

    Should there be other side bets for marketing activity – e.g. Malaysia,
    Middle East SWFs, PSO markets?

    We will critically evaluate competitor review findings
David Lines                                                                   7
Evaluation


   “Investment PIMS”, regular surveys, formative (during
   project/campaign) and summative (at end)

   Evaluation built into every campaign – more work needed to get report
   back from posts against agreed measures

   If our marketing approach works we will defend our position against
   Germany and France. We will be “market makers” i.e. the mix of our
   FDI portfolio will change




David Lines                                                                8
9

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David lines straw man 1

  • 1. Constructing an inward investment marketing strategy for 2013/14 1
  • 2. THE UK HAS THE MOST OPEN AND BUSINESS-ORIENTATED ECONOMY OF EUROPE, WITH THE MOST FLEXIBLE LABOUR MARKETS, AND THE LEAST RESTRICTIVE SYSTEMS David Lines 2
  • 3. Strategic issues for investment marketing in 2013/14 Linking effectively to Number 10/PD Partners and implementing GREAT. Also campaign selection and development Segmentation and messaging/value propositions Propensity of (sub)sectors and markets to invest and marketing ROI for particular sub-sectors Applying learnings from 2012/13 David Lines 3
  • 4. Strategic issues for investment marketing in 2013/14 As part of our work with the Government Digital Service, look at our online investment presence going forward and the global reach for our messaging Making and keeping our promises to customers: Marketing communications resources and guidance for the entire network David Lines 4
  • 5. Campaign selection and development Investment Development’s “product/marketing criteria” process will help us inform us to choose the right campaigns “Toolkits” will enable single country marketing managers to adapt material and run campaigns. This will give us more marketing for less budget The campaign team will give social media guidance and training for the global FDI network Campaigns should integrate and plan all marketing communications, and have a relationship marketing and investor development element David Lines 5
  • 6. Segmentation and priority sectors and markets This brainstorm group has used an “entrepreneur/SME/corporate” segmentation to recommend marketing messages and channels for the four customer journey stages. We know the basic drivers are “market seek, technology seek, efficiency seek” We will soon know the (sub)sector and market priorities and a judgement call will be needed on how receptive they will each be to marketing approaches, and how they link into GREAT campaign priorities. Pilot testing will give greater insight into customer wants and needs David Lines 6
  • 7. Applying the learnings and moving forward Leverage the awareness GREAT has delivered globally and realise its full business nation branding potential, especially in the 2013/14 GREAT priority markets and maximise the opportunity of digital There should be a climate of innovation and challenge to the status quo learning from HOTHOUSE. Video will grow in importance and the default will be digital. Cross cutting themes like innovation will be developed, plus cluster-based marketing on the Tech City model Should there be other side bets for marketing activity – e.g. Malaysia, Middle East SWFs, PSO markets? We will critically evaluate competitor review findings David Lines 7
  • 8. Evaluation “Investment PIMS”, regular surveys, formative (during project/campaign) and summative (at end) Evaluation built into every campaign – more work needed to get report back from posts against agreed measures If our marketing approach works we will defend our position against Germany and France. We will be “market makers” i.e. the mix of our FDI portfolio will change David Lines 8
  • 9. 9

Notes de l'éditeur

  1. WHO ARE THEY? What drives competition? What are the main dimensions of competition? How intense is the competition? How can we obtain a superior competitive position?
  2. WHO ARE THEY? What drives competition? What are the main dimensions of competition? How intense is the competition? How can we obtain a superior competitive position?
  3. WHO ARE THEY? What drives competition? What are the main dimensions of competition? How intense is the competition? How can we obtain a superior competitive position?