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Connect with Mike HanberyMarketing.com LinkedIn.com/in/MikeHanbery Facebook.com/Denver.SocialMarketing Twitter @MikeHanbery
The Social Network Compass Ebook February, 2010 By Mike Hanbery, MBA Navigate your course through Internet           Social Networks.
A Market Without Competitors Mike Hanbery, M.B.A. Traditional and Innovative Approaches to Marketing your Business HANBERY MARKETING
Marketing Plan Components Market Summary SWOT Analysis* Marketing Strategy Financials Controls
Market Summary Components Target Markets Demographics, Geographics, Behaviors Market Needs Market Trends
Other Critical Components Financials ,[object Object]
Sales Forecast
Expense ForecastControls ,[object Object]
Organization (Accountability)
Contingency Planning,[object Object]
Michael Porter Five Forces
Generic Strategies Cost Leadership Differentiation Focus/Niche
Strategic Alliances Product/Service Alliances Promotional Alliances Logistics Alliances Pricing Collaborations
Innovation Marketing Strategy
“New Growth Theory”
Blue Ocean Strategy 2005 Publication Kim & Mauborgne (INSEAD) Pursues systematic innovation as marketing strategy
B.O.S. Tools Strategy Canvas + Value Curve Example: US Wine Industry, Late 1990’s High Premium Wines OFFERING LEVEL Budget Wines Low Wine range Above-the-line marketing Vineyard prestige and legacy Price Use of enological terminology Aging quality Wine complexity PRINCIPAL FACTORS
B.O.S. Tools Four Actions Framework Reduce Which factors should be reduced well below industry standards? Create Eliminate Which factors should be created that the industry has never offered? Which of the factors that the industry takes for granted should be eliminated? A New Value Curve Raise Which factors should be raised well above the industry’s standard?
B.O.S. Tools Eliminate/Reduce/Raise/Create Grid
B.O.S. Tools Strategy Canvas + Value Curve: [ yellow tail ] High Premium Wines [ yellow tail ] Budget Wines OFFERING LEVEL Low Ease of Selection Above-the-line marketing Vineyard prestige and legacy Wine range Price Use of enological terminology Easy Drinking Fun & Adventure Aging quality Wine complexity PRINCIPAL FACTORS
B.O.S. Tools Strategy Canvas + Value Curve: [ yellow tail ] High Premium Wines [ yellow tail ] Budget Wines OFFERING LEVEL Low Ease of Selection Above-the-line marketing Vineyard prestige and legacy Wine range Price Use of enological terminology Easy Drinking Fun & Adventure Aging quality Wine complexity PRINCIPAL FACTORS

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Traditional And Innovation Based Marketing

  • 1. Connect with Mike HanberyMarketing.com LinkedIn.com/in/MikeHanbery Facebook.com/Denver.SocialMarketing Twitter @MikeHanbery
  • 2. The Social Network Compass Ebook February, 2010 By Mike Hanbery, MBA Navigate your course through Internet Social Networks.
  • 3. A Market Without Competitors Mike Hanbery, M.B.A. Traditional and Innovative Approaches to Marketing your Business HANBERY MARKETING
  • 4. Marketing Plan Components Market Summary SWOT Analysis* Marketing Strategy Financials Controls
  • 5. Market Summary Components Target Markets Demographics, Geographics, Behaviors Market Needs Market Trends
  • 6.
  • 8.
  • 10.
  • 12. Generic Strategies Cost Leadership Differentiation Focus/Niche
  • 13. Strategic Alliances Product/Service Alliances Promotional Alliances Logistics Alliances Pricing Collaborations
  • 16. Blue Ocean Strategy 2005 Publication Kim & Mauborgne (INSEAD) Pursues systematic innovation as marketing strategy
  • 17. B.O.S. Tools Strategy Canvas + Value Curve Example: US Wine Industry, Late 1990’s High Premium Wines OFFERING LEVEL Budget Wines Low Wine range Above-the-line marketing Vineyard prestige and legacy Price Use of enological terminology Aging quality Wine complexity PRINCIPAL FACTORS
  • 18. B.O.S. Tools Four Actions Framework Reduce Which factors should be reduced well below industry standards? Create Eliminate Which factors should be created that the industry has never offered? Which of the factors that the industry takes for granted should be eliminated? A New Value Curve Raise Which factors should be raised well above the industry’s standard?
  • 20. B.O.S. Tools Strategy Canvas + Value Curve: [ yellow tail ] High Premium Wines [ yellow tail ] Budget Wines OFFERING LEVEL Low Ease of Selection Above-the-line marketing Vineyard prestige and legacy Wine range Price Use of enological terminology Easy Drinking Fun & Adventure Aging quality Wine complexity PRINCIPAL FACTORS
  • 21. B.O.S. Tools Strategy Canvas + Value Curve: [ yellow tail ] High Premium Wines [ yellow tail ] Budget Wines OFFERING LEVEL Low Ease of Selection Above-the-line marketing Vineyard prestige and legacy Wine range Price Use of enological terminology Easy Drinking Fun & Adventure Aging quality Wine complexity PRINCIPAL FACTORS
  • 22. References Grant, R. M. (2008). Contemporary Strategy Analysis (6e). Carlton, Victoria, Austrailia: Blackwell Publishing. Kim, W.C. & Mauborgne, R. (2005). Blue Ocean Strategy. Boston, MA: Harvard Business School Publishing Corp. Kotler, P. & Keller, K.L. (2006). Marketing Management (12e). Upper Saddle River, NJ: Pearson Prentice Hall.
  • 23. The Social Network Compass Ebook February, 2010 By Mike Hanbery, MBA Navigate your course through Internet Social Networks.
  • 24. Connect with Mike HanberyMarketing.com LinkedIn.com/in/MikeHanbery Facebook.com/Denver.SocialMarketing Twitter @MikeHanbery