Marketing
Strategy We are currently looking at the marketing plans of a number of networks. Here are
our thoughts as to what goes into a good marketing strategy. After the Vision and
the Mission of successful networks, the third part of this “road to success” is
identifying and planning of goals to be achieved along the way: realistic, ambitious
and measurable targets. Some activities will involve one-off projects, others will
be continuing tasks.
It is interesting to note that whilst quite a few networks have differing
stated objectives, they all appear to be trying to do the same thing. And so
whether the networks “provide answers to members’ queries” or “deliver
complete, international, personalised service” they are all seeking to
do business around the world. What this indicates is that sometimes the aspirations
of a network are not all that well worded. What also results is a difference
in how effective a network can appear – especially when viewed from the
outside.
Ultimate Goal
A platform which will enable the network to achieve its goals efficiently.
Proof of the pudding would be in comparing performance to network criteria,
especially as regards:
Member satisfaction
Recognition and Reputation
Intermediate Steps
These will form an Action Plan which could also be entitled Work in Progress,
An On-going Document. This is what keeps a network manager busy. There are
many aspects to such a person’s duties and responsibilities and result
in important parts of a network’s :
Culture
Communication
Membership growth and expansion
Utilisation of technology
Business development
Measurement
More people respond to a question about networks with the answer “who?” than
with an informed reply. One would be tempted to say that as long as the people
who pay for the network are happy, who cares? But being taken seriously is
one of the biggest problems confronting networks because it ultimately costs
them support, clients and long term viability. Therefore the Marketing Strategy
should include emphasis on visibility and reputation and be directed towards:
Members
Clients
Carriers
Trade and industry media
Other professional and financial institutions
If you would like us to conduct a swift appraisal of your current marketing
strategy (this can probably be done by looking at your marketing materials
on-line) or if you have questions about global developments, just give us a
call
+44 (0)1444 450 919 or send us an e-mail and
we will be happy to look at some of these questions and to start providing
answers.
In our next e-newsletter we will look at Visibility/Activities.
See our Contact Details
George Worsley, Director
Worldwide Risk Solutions
Telephone +44 (0)1444 450 919
E-mail info@worldwiderisksolutions.com |