Showing posts with label Product Management Training. Show all posts
Showing posts with label Product Management Training. Show all posts

Thursday, 10 January 2013

Need Of Product Management And Marketing For Constant Growth

Main objective of any business is to achieve its pre-defined goals, to provide services and to earn profit. To achieve goals, business needs strong resources that can allow them to maximize its potential, generate more revenue and reach as many consumers as possible. Apart from strong resources marketing strategy is also essential component for the success of any business.

Most important thing for a Company or organization is to understand the need of customer and develop those products that fulfill the need of customers. If a company is developing a product that has no market demand and value, then development of these types of products is just a waste of time and money because if the product has no market demand and value, then nobody will be there to purchase your product in the market. Next important thing is customer satisfaction; if customers are satisfied by using your products then, they will use your products again and also suggest your product to their friends and relatives. Satisfied customers help to increase sales of your business.

Products describe the standard of company. For any business or organization developing a product is an easy task, but the crucial part is product management and product marketing. Once the product has been developed it becomes more necessary to manage and market it. Sales can only be increased through appropriate product marketing and management.

Product marketing is a process of introducing new product to new prospect consumers. It includes planning, organizing and coordinating products, determining product price, deciding methods of promotion such television, news paper, internet and more, packaging to make product attractive and safe along with product positioning. At the time of Product marketing, you can give all information about the product such as utility of the product, its price and quality. The main goal of product marketing is to make aware people about the product, and to present product in such a way that it attracts the people and forces him/her to purchase your product when it has been launched in the market.

Product management can be referred as a process and activities involved in managing a product after it has been developed. Reputation of any company may rise up or fall down on the basis of product quality that company offers and to maintain the quality of products effective product management is required. Effective management of products will help to build a brand image and raise standards of company while bad management of those products may lead to fall a company in all those means.

Product management and product marketing are fairly different process and also the responsibilities of product manager and product marketer are different from each other. Based on the results of product marketing the task of product management is accomplished.

Tuesday, 18 December 2012

Product Management Training To Develop Great Product for Market

Product management is a vast field and usually known for the activities involved to arrange the product in a sensible manner once it has been developed. This is well known and necessary process to manage it for the market purpose when a product gets finalized. Product market can be termed somewhat pitching a novel product among general people. Peoples you are going to try to make your product appeal is a wide spread consumer market.  Although, product marketing has big difference from product management and both are known for being different processes. Even a product manager and product marketer also differ from their responsibilities. A product manager is necessary to prepare details of product requirement by getting helped by sales and marketing employees. This report is necessary towards the formation of product. Most of the companies only recruit product marketers to take on the responsibilities on preparing documents about product requirements along with the preparation of marketing requirements. Getting most out about the techniques of product management is quite necessary and they really help by enrolling for a particular course in product management.

Product Management Training

Most of the companies offer product management training to develop essential skills in order to manage the product well. Product management training is not only necessary to imbibe innovative concepts but it also adds existing skills to make a fully professional and competent product manager. A skillful product manager always plays quite critical role to into managing a product in a streamline as it is highly leveraged position where as a bad product manager usually not handles the product appropriately and results for various other bad consequences usually on revenue, morale and goodwill of not only the product manger but company too. A product manager with good skill sets can handle for any condition that is necessary to represent and advocate the products among customers.  He/she wears the responsibility of writing product requirements for an innovative product along with managing a cross functional team that is needed to get it built. A set of rules are also exist that a product manager needs to follow to enhance the chances of success into market.

While talking about any product, it solely bears the responsibility to illustrate the standard of the manufacturer. If it reflects good quality then the standard of the company will also increase but the bad management of the product might also lead for tinted reputation of the company among market. Product management training does a great job in that regarding and helps teach product managers to how to become into the hot seat of the product. A person sitting on hot seat knows about overall performance of the product into current market context and what it should tomorrow to rock well. All these skill sets enable a great sense of direction by enabling a tailored path in order to apply the existing skills.

Thursday, 14 June 2012

Roles of Product Management Consulting & Training Company

Nowadays everyone seems to be searching for the Key to successful Internet Marketing. Business industry is a broad field that can capture everything using social media sites and business marketing strategies. Choosing an innovation consulting company is challenging for two reasons - the client or the user is not always clear what type of innovation they want and sometimes they are not sure about services offered by innovation consultants. These situations may arise but one has to be very clear about their goals of marketing.

Product management can be defined as the process or the activities involved in managing the product after it has been developed. Once the product is developed it becomes mandatory to market and manage it. A product market is something that is referred to when pitching a new product to the general public. So, making a product popular or in reach of common people is termed as product marketing.

There are several key strategies that can be used in choosing the best management consulting firms. Confianzys offers best product management training throughout the year. In that phase applicants can discuss, ask questions and engage to find out what they need to know about the product and its management. They do their best to offer information about their culture, employee relations and even the challenges faced by their management consulting teams.
 
After attending two or more information sessions offered by various product management consulting companies, it becomes a good habit to write down the details of that seminar or meeting. Comparing pros and cons of each firm is a good way to start in determining which firm you should apply to or not. You save time and effort in the long run by doing your research in advance and outline the reasons why a firm is a good place for you to work. Choosing a good and skilled product management company is a tedious task for all.
Business consulting companies provide support in every procedure for starting up a venture. If you argue for planning company framework, sales approaches and company identity they can help you in proper manner. Let them know what your targets are, and they're going to offer you a course of action. That will help save you time and energy, which can be used on many other facets of your trade.

Even established businesses benefit from business consulting services, too. Common situations where a consultant will be useful is when the company is growing or in a transition period. Obviously a business consultant be useful at different stages of the company.

Confianzys is a well known Product Management Consulting, customer Management, Innovation Consulting, market research Company of India. They offer business consulting services and product management training for effective business planning.

Tuesday, 21 February 2012

Product Marketing and Their Essentials

In today’s term everybody is near about to take care for any business whether it is older or newer one. If have any business and not getting its proper exposure than you will be thinking that something you are doing wrong. By not applying product marketing strategy you are just halting your customers’ one step before to find you and it will affect your bottom line directly.

You should have acknowledged by your previous experiences that you would not be clicking on 10th search result while stumbling upon any term within your favorite search engine. It is also had been unveiled by previous studies that most of the peoples also don’t like to click through after last third entry. These happenings emphasizes that you require being findable and followed and even you need to enhance your chances of appearing on top third results of search engines. You need only to get link backs in order to find your name all over the internet.

There are various efficient methods to attract the concern of search engines and article writing and blogging are one of them. An updated blog drags large amount of engrossed individuals and also gets huge recommendations by their friends and colleagues. Topic specific, appealing and well written content always drags the attention of search engines along with the generation of inquiries. While any inquiry is entered it helps you move up by the rankings between search engines. Although it is too tricky to write well and it is not a surety that everyone engaged in such business can handle it easily. Hiring out can be good investment towards company’s success while there is lack of knowledge about writing well. An appropriate writing is quite necessary to find good material and towards focusing the things particularly. Learning to empower time and energy with soothing things can lead your work towards most triumphant and enjoyable.

Finding mass free and mysterious niche is not such hard as most of the peoples considers. There are also programs are available to help narrowing the focus in effect. Once finding a niche, you can keep up with alterations, expansions and modernism. Expertise is the stuff which everyone desires to consult but the success is as assured. Some new development is always gone on side by side and related activities will cause for secondary business as a result.

Finally you need to remember that you should not directly go to sell for any products every time. Direct sale may lead for unsuccessfulness. In order to create major exposure you should develop an effective strategy. Always take some time to make strategy which can explore all potential sales.

Confianzys.com is a well-known, Product management training, Business Consulting, Product Management, Product marketing and providing training in effective marketing research.

Monday, 6 February 2012

Whole Product: More than a ‘Great Product’

Why is it that so many products fail at the marketplace even though they may be functionally competent? The answer lies in customers’ view of products as completely or inadequately answering their needs.
Most companies invest to build core products with the belief that this would solve a problem for their customers; the reality is that customers look for several other elements along with the core product to form a complete solution. The core product coupled with a host of services, experiences and other add-on products makes the ‘Whole Product’. The Whole Product concept originates from Theodore Levitt in 1980 when he built a model to help marketers and product visionaries adopt a holistic approach to building products.
During the same time, it was introduced by Regis McKenna and widely popularized by Geoffrey Moore in his book “Crossing the Chasm”, where it is defined as a core product bundled with additional elements providing compelling reasons to the customers to make the buying decision. In simple marketing terms, a Whole Product is the minimum set of products and services needed to give the customer a compelling reason to buy. Hence it is everything the customer expects – there is no gap!
The most recent example of a whole product would be the iPhone. The generic product is the mobile telephone with the email and browsing capabilities. While the market expectation was limited to the above, Apple delivered iTunes on the iPhone by leveraging the iPod/iTunes ecosystem. Thus, it offers a complete entertainment experience for the customer, and the ability to not just listen to, but also “discover” new music.
It is interesting to note that Apple didn’t limit itself to its current product offering and went on to build the Apple Apps Stores which was a clear value differentiator and set a new benchmark in the mobile industry. With all the ingredients, the core product with the iTunes, App Stores in place, Apple turned its focus on the customer experience and launched version 1.0 of the product with a brilliant touch screen and user interface.
The success of the iPhone simply lies in the Whole Product approach adopted by Apple which is being emulated by the competing products. It was all about addressing the functional needs with an eye on the emotional needs and experiences.
If we were to apply the Whole Product thinking to a software product, it would call for the core software product plus the additional system / application software, hardware, system integration, installation, standards and procedures, training and support / maintenance. The usual approach in the industry is to identify the requirements for a software product and ‘do what we do here, really well’.
However, addressing customers’ Whole Product needs will be a lot more demanding on Product Managers, in particular. Many would argue about their role / responsibility, as their focus is predominantly on the core product. The reality is that great products rarely win in the marketplace, and only the best Whole Products make it to the top and sustain their leadership status.
Confianzys.com is a well-known, Product management training, Business Consulting Product Management, Product marketing and providing training in effective marketing research. For more information please visit. http://www.confianzys.com

Monday, 26 December 2011

Need of Product Management in Modern Business Marketing Campaigns

These days everyone seems to be searching for the Key to successful Internet Marketing. Business industry is a broad field that can encompass everything from using social media sites to submitting regularly blogs and articles in order to market a client’s product or service.
In many instances, however, these business marketing campaigns have failed to produce the revenue stream that was promised. The business owner may be frustrated and at a loss, wondering exactly how to proceed from where his website currently is in terms of click-throughs and conversions. Businesses must have a great internet marketing campaign. By now most website owners know that they need a strong Internet Marketing campaign in order to stay up with the competition
You can find success in the world of Business Marketing Consulting if you can show your clients why their old campaign isn’t working and how to get better conversion rates. A professional business Marketing Consultant must be able to go over every aspect of a client’s current marketing campaign and put together a strong, cohesive plan for the type of improvements that will lead to stronger sales.
Product Management is no exception, and there may be times when product leaders may need a helping hand. That’s where we come in. The professionals in Sequent Learning Networks’ Professional Services Group can be your source for the capable, experienced Product Management expertise you need, when you need it.
Confianzys is not just a website. We are a website with a complete training program, as we can be contactable if you want to grow your business or if you want more information, business advice or simply to do a mail order instead of an online one. They are a large corporate company. They are an independently run little business who want you to be happy with your business and products and the whole business experience.
They can provide Product Marketing, Product Management Courses and IT Product Management consulting services to help you determine your product feature set and strategy or to help you plan and execute product launches or marketing programs.
Their consultants bring with them a comprehensive, systemic business perspective. After all, In other words they are product managers, marketers, and business strategists.  Their clients seek their help when they are missing important market strategy or they have to make important decisions in relation to their products, business or marketing.
Confianzys provides marketing and Product management consulting training and Product Management Consulting services to help business companies with product definition, market assessment, product launches and marketing programs.
Confianzys.com is a well-known, Product management training, Business Consulting Product Management, Product marketing and providing training in effective marketing research. For more information please visit. http://www.confianzys.com

Friday, 7 October 2011

Customer Relationship Management Helps Your Business to Groom

The term customer relationship management has been one of immerging innovation in the fields of customer services area. This helps customer service and management staff to deal with customer and their issues. It engages gathering complete statistics about the customer. This statics is then used to assist customer service dealings by making the information required to determine the subject or concern readily accessible to that commerce with the customers. This tends to more profitable business with satisfied customer and much resources avail for the support team. Additionally, these customer relationship management systems are great to support the management about deciding various goals for company.

CRM require large amount of data like customer name, address, date and status of transaction, complaints and issues, account information, demographic data and much more to work. This information helps providing the answer for customer about the resolution of its issue without making him wait for long time. Customer support executive can track the location of customer’s order by just one click. This is considerably better than the cumbersome procedure of tracking shipments in the past. Moreover, customer support representative can also see previous concerns of customers. This becomes more helpful while customer is calling regarding to the same issue and it not requires repeating the complete story all the time. This results in less time to resolve the issue of customer, thus higher productivity of the support team.

CRM have great importance to the top management as proving essential data of customer regarding to their satisfaction and effectiveness of service by the frontier teams. Software is also available for this task which can be able to generate reports for new concepts or product development. This system helps top management to decide future action of company, whether it involves phasing out one of the products on shelves or making correction in the products sold.

Although, it is not much easy to integrate CRM system with the company as it seems. Most of the companies fail to integrate all departments which needed to share the information for being effective. Spread out of CRM units in all over the company is more effective than just making big department for it. It requires being ensured that every department is getting the information and date required.

CRM can work as a big hand to expand your business also. This CRM system has capacity to handle with enormous amount of data and helps you a lot in coping with the increased number of customers and their data. Proper utilization and installation of this system can make you assure about your business grooming and bunch of customers satisfied than before.

Confianzys.com is a well-known, Product management training, customer Management, market research company India, providing training in effective marketing research, customer management and product marketing.

Thursday, 1 September 2011

Unhappy Customers And The Product Manager

Unhappy customers are not a Product Manager’s headache. Usually. Most mid-sized or large companies have a dedicated customer service department or account management teams whose job is to deal with disgruntled customers. If that is the case, why does the Product Manager need to worry about unhappy customers?
Customers could be unhappy for many reasons unrelated to the product directly; in a small percentage of cases though, unhappy customers are the canary in the coal mine – an early sign that your product is no longer meeting customer requirements. Unhappy customers who bring their unhappiness to the company’s notice are especially valuable because they are a minority. The majority of users simply switch products without giving you any warning.
While companies have begun detailed product planning for new products and launches, it’s important to remember that understanding market requirements cannot be a one-time effort. Market requirements change depending on customers’ changing behaviour, regulatory influences or even moves by competition. Updating one’s understanding of market requirements hinges in big part on regular feedback from existing customers on what they are dissatisfied with and why.
Some of the changes in customer preferences may be tactical in nature, or feature-specific. For a laptop manufacturer, the rise in telecommuting and work-on-the-move may result in more customers complaining about the weight of the machine. In that case, it would be an important area for the product engineering team to work on. Some changes may however need the product manager to question the fundamentals. If customers have started evaluating their laptops against an iPad as a reference point, the product management team needs to ask and answer basic questions about what their product is meant to be and for whom.
Asking these questions and finding the answers will mean all the difference between leading the market with the right product and scrambling to launch a me-too product after competition has stolen the lead.
Confianzys is a well-known, product management, customer Management, product marketing, market research company India, providing training in effective marketing research, customer management and product marketing. For more information please visit. http://www.confianzys.com

Friday, 26 August 2011

B2B Marketing:Reaching Late Adopter Organizations

In a recent post, we revisited the well-known Technology Adoption Life Cycle model (TALC) that slots potential buyers based on their speed to adopt a new technology. When it comes to companies or any other organizations as buyers, is it possible to apply the TALC?
Definitely. What’s more, organizations may be late adopters despite the presence of a reasonable number of early adopted individuals in their ranks. Haven’t you been frustrated with the slow progress at some government departments, despite the presence of a few keenly interested officials?
It is generally understood that innovative technologies reach late adopters through the influence of early adopters and the early majority. In the case of organisations, late adopters may however be influenced not only by early adopters, but in other ways too.
Pushed by competition: This is the classic early to late adopter flow, where competitors gain an edge in customer loyalty, productivity and/or profitability using a new technology. For example, public sector banks in India that were slow to invest in online banking for retail customers have been forced to do so because of private sector banks making it part of the deal. Late adopters soon reach a situation where they may begin losing customers (and profits) if they don’t implement a particular technology. Customer surveys and other kinds of market feedback may help to amplify this.
For instance, if we look at the market for ERP, the adoption rate of SMEs is very slow in India. In a global competitive market however, even SMEs need to upgrade to better processes. One of the reasons for SMEs to adopt ERP has been increased competition from large firms looking to expand beyond their traditional customers, and thus encroaching on SME territory. Software companies have even begun targeting SMEs by changing the design and structure of current ERP tools to suit the needs of the SME market.
Pushed by customers: In the FMCG sector, contract manufacturers had to put in place new packaging technologies such as vacuum-packing, when such technologies were adopted by the brand-name marketers who outsourced to them. Selling the end customer on a new technology can help drive demand faster.
Pushed by regulators:  In the airline industry, aircraft manufacturers and airlines began using TCAS, a collision-avoidance technology, decades after it was originally made available. The reason was mandates from the American aviation authorities following some spectacular mid-air collisions. Regulators are difficult to influence, but at least reaching their awareness helps to put your technology into consideration.
The lesson for the B2B product marketer is that apart from direct bombardment at potential buyers, building traction with other, key players in the ecosystem like analysts, end users, regulators, industry veterans and market researchers may be critical to reaching a wider market.
Confianzys is a well-known, product management, customer Management, product marketing, market research company India, providing training in effective marketing research, customer management and product marketing. For more information please visit. http://www.confianzys.com

Saturday, 20 August 2011

Going From Customers to Evangelists

At B2B technology firms, getting customers to evangelize for you is a critical component of the marketing team’s role – or, it should be! With high-value, complex products in the reckoning, buyers’ decisions are almost always influenced by their peers in the industry.

For most companies however, customer testimonials rarely go beyond cookie-cutter style case studies. Indeed, such case studies have become routine, and few readers would expect to find anything extraordinary in them. Are we recommending that you stop publishing case studies? No, but they are not the only way you can get your customers to talk about you, nor do they need to stop at ordinary.

Here are a few ways in which B2B firms can work with their customers to build more interesting and impactful stories:

Co-creating content: Co-creating content along with a customer, and co-branding it, is a more powerful testimonial than a customer just talking about the value you delivered to them with a product.

Make Case Studies user-relevant: One reason why case studies have become boring (apart from their ubiquity) is that they’re mostly ‘you’, talking about ‘yourself’. Most case studies are highly inward directed and focus on how you resolved a business problem. Why not focus instead on creating content on subjects users want to know more about? The customer experience with your product could be built in as part of such content.

This takes some getting used to, since conventional case studies place you and your customer at the heart of the subject, but perhaps that is not what potential customers are interested in. This is also an opportunity to build case studies around customers who are not comfortable with their name being used in promotional material.

Being present beyond the sale: Opportunities for customer evangelism are usually strongest in the immediate 3-6 month period after a product sale or project completion; yet, other opportunities may arise by being present beyond the sale. Doubts about a high-value buy or internal restructuring that makes your product redundant within the company are opportunities to identify how you could support the customer in changing circumstances – and win brownie points for doing it efficiently.

Helping customers benefit from testimonials: When customers talk about your product or solution, there’s little in it for them. It’s no wonder that even satisfied customers offer pretty mundane testimonials. Help clients benefit from evangelism by creating media opportunities for them, or keeping their customers center-stage. For example, interesting videos or slideshares that appeal to their target audience as well, and include your brand, are a win-win situation.

Confianzys is a well-known, product management, customer Management, product marketing, market research company India, providing training in effective marketing research, customer management and product marketing. For more information please visit. http://www.confianzys.com

Friday, 12 August 2011

The Market Plan And The Marketing Plan

Here’s a simple exercise for you: Google for ‘Market Plan’. All 10 results are likely to be definitions of a marketing plan, information on creating a marketing plan or examples of marketing plans. Like everybody else, Google too is unable to distinguish between a Market Plan and a Marketing Plan!

A Market Plan is a critical document in the product planning process, that encapsulates a team’s understanding of a particular market (size, opportunity, characteristics), of different customer segments within that market (geographical, demographic, behavioural), of key entities in the ecosystem (customers, competitors regulators) and of relevant problems in the market (product, technology or customer problems). It also looks at the company or business unit’s competencies for addressing specific customer segments and problems, in a SWOT analysis, and identifies goals in that market for the company to tackle.

In summary, the market plan helps the team move from a vague idea of a “promising market” to a more specific assessment of exactly how promising it is, and what makes it promising (and challenging).

What it is not: a map for capturing the promise of that market. That is where the Marketing Plan comes in. The marketing plan begins where the market plan ends – with business goals relevant to a particular market. It is meant to be a highly actionable plan with key strategies to address the goals, the budget needed to implement those strategies, the programs to be carried out as part of those strategies as well as how the product is to be presented to potential customers (positioning plan and key marketing messages).

Confusing one for the other is not an academic problem. It means that in practice, you’re likely putting the horse before the cart – carrying out marketing programs without a clear enough understanding of the market. Some teams can’t wait to get on with the “real work” of capturing the market – short term profitability pressures and company structures often reward the doing rather than the thinking. But, rushing to address the market without knowing what it needs, is a recipe for disaster, as companies have found often.
In early 2010, we at Confianzys undertook an assignment for one of our clients to construct a market plan and marketing plan for their Enterprise Software Product. The initiative was triggered by the failure of the product to consistently meet market-needs and generate revenues in the existing markets during the last six years of its existence (the focus markets were East/West Asian). The peaks and troughs were hurting the entity and expansion to new markets was a major challenge. The knowledge of market problems, opportunity, competition, buying drivers and other key criteria were sub-optimal and mostly relied on Sales feedback.

The next big Sales goal for the company was to expand to the APAC market, but this time around, only after thoroughly understanding the challenges / requirements of the market they planned to serve. A mix of 15-20 prospects (across all segments: Enterprise, Mid Market and SME) were interviewed before building the Market Plan and this led to identifying the right Value proposition and addressing the problems faced by the Customers in that market. The same was well communicated through a sustained marketing campaign.

Confianzys is a well known business consulting, product management, customer Management Company India, providing training in effective marketing research, customer management and product marketing.

Thursday, 4 August 2011

Blackblot Product Management Seminar Modules

Strategic Product Management™ (SPM) – this two-day core seminar provides attendees with the knowledge, skills and tools to effectively plan and market technology products and services. Product management is a domain that holds two disciplines: product planning and product marketing. Accordingly, this seminar is based on the Blackblot Product Manager’s Toolkit™ (PMTK) and PMTK Action Model – a comprehensive set of product planning and product marketing work templates, and accompanying process methodology, that illustrate notable best practices and processes (used by top technology companies) to create successful market-driven products.

Procedural Requirements Management™ (PRM) – this one-day advanced seminar provides attendees with the knowledge, skills and tools to effectively identify and articulate market requirements. Ambiguous market requirements lead to flawed products and dissatisfied customers, but well-defined market requirements are the basis for a smooth development process and marketplace success. This seminar demonstrates effective practices that clearly identify and articulate market requirements. The outcome is a whole “Market Requirements Document” (MRD) that represents an intelligent commitment to customers.

Business and Market Planning™ (BMP) – this one-day advanced seminar provides attendees with the knowledge, skills and tools to effectively contribute to business and market planning activities. Companies operate in dynamic and complex environments that impact their ability to be profitable. Consequently, it only makes sense to pre-plan the direction of a business so that the products and services it provides meet the overall business objectives. This seminar explores key concepts and processes used in formulating plans that evaluate market opportunities and shape the resulting marketing efforts; i.e., business cases and market plans.

Market-Value Pricing™ (MVP) – this one-day advanced seminar provides attendees with the knowledge, skills and tools to effectively contribute to product pricing activities. Pricing is immensely complex, multi-varied, and driven by numerous conjoint considerations with far reaching consequences. This seminar delineates useful concepts, models and processes that aid the making of actual pricing decisions.

Interactivity and Communication™ (IC) – this one-day advanced seminar provides attendees with the knowledge, skills and tools to effectively communicate with diverse audiences and individuals encountered in the course of a product manager’s job. Soft skills are non-technical business skills that often impact the success of development projects more than technological skills. The need for specific soft skills has become imperative to product managers’ job performance, as nowadays many of their activities are outbound oriented. This seminar explores crucial soft skills, specifically in the context of a product manager’s line of work.

Friday, 3 June 2011

Product Management, Product Marketing

Direct marketing deal with communication with the consumers without any intervention like press or electronic media. It is thought to be most effective tool for marketing of small business ventures. Main forms of direct marketing that we see today are door to door leaflet marketing, direct mail, telemarketing, email marketing, voicemail marketing, broad cast faxing and marketing via coupons. Or we can say also direct marketing is a form of advertising that reaches its audience without using traditional formal channels of advertising, such as TV, newspapers or radio. Businesses communicate straight to the consumer with advertising techniques such as fliers, catalogue distribution, promotional letters, and street advertising.

Direct Advertising is a sub-discipline and type of marketing. There are two main definitional characteristics which distinguish it from other types of marketing. The first is that it sends its message directly to consumers, without the use of intervening commercial communication media. The second characteristic is the core principle of successful Advertising driving a specific “call to action.” This aspect of direct marketing involves an emphasis on trackable, measurable, positive responses from consumers (known simply as “response” in the industry) regardless of medium.

Direct marketing is attractive to many marketers, because in many cases its positive effect (but not negative results) can be measured directly. For example, if a marketer sends out 1,000 solicitations by mail, and 100 respond to the promotion, the marketer can say with confidence that campaign led directly to 10% direct responses.

There are many channels of Direct Marketing like:–

Direct mail:  The most common form of direct marketing is direct mail, sometimes called junk mail, used by advertisers who send paper mail to all postal customers in an area or to all customers on a list. Any low-budget medium that can be used to deliver a communication to a customer can be employed in direct marketing. Probably the most commonly used medium for direct marketing is mail, in which marketing communications are sent to customers using the postal service.

Telemarketing: Another common form of direct marketing is telemarketing, in which marketers contact consumers by phone.

Door-to-Door Leaflet Marketing: Leaflet distribution services are used extensively by the fast food industries, and much other business focusing on a local catchment. Business to consumer business model, similar to direct mail marketing, this method is targeted purely by area, and costs a fraction of the amount of a mail shot due to not having to purchase stamps, envelopes or having to buy address lists and the names of home occupants.

Confianzys is a well-known, product management, customer Management, product marketing, market research company India, providing training in effective marketing research, customer management and product marketing.

Friday, 27 May 2011

Simple Marketing Strategies to Increase Your Business

Marketing is the most common problem that people running or starting small businesses ask me about. Typically, they say something like, “I’ve placed some ads but they just don’t seem to be doing anything.” – In other words, not bringing them the customers, clients or sales they desire.
Marketing is More Than Advertising But marketing and advertising are not synonymous and ‘placing a few ads’ is never going to draw the kind of business a small business needs to be successful. Marketing is a process, not an event. It involves planning marketing goals and implementing (often a series of) marketing strategies to achieve them.
Now that doesn’t mean marketing has to be a complicated process. But it does mean you have to know what you want to achieve and get out there and work at it. Here are six simple marketing strategies you can use to increase your customers and sales.
1) Offer some free classes related to your products and/or services – in your home, in a rented venue or through a local education institution such as a Community College. Target specific audiences or events, if appropriate. For instance, someone with a beading business might offer special workshops on Beaded Christmas Projects or Beading for Girls. A yoga instructor might offer a class such as Yoga for Men.
2) Join local business organizations and networking groups. Many, such as home-based business groups, are inexpensive to join. And the marketing benefits are huge. Once they get to know you and what you do, the other business people in your group will mention your business to others and may even give you referrals. Local business organizations are also great opportunities to create and participate in some cooperative marketing strategies, such as holding special Market Days or other events.
3) Create or become front and center in a charitable event. You can get huge amounts of press for events like this – which can translate into new customers. One local artist has painted paper grocery bags which he is selling with all proceeds going to a selected charity, for example. But you don’t even have to go to the trouble of creating your own event; many charities have established events that you can become a very visible part of by becoming a sponsor.
4) Join and use Twitter. If you have time to get to know and use a variety of social media, do. But if you only have time for one, Twitter is my pick of all the social media out there because it’s so quick and easy to use.
Confianzys is a well-known, product management, customer Management, product marketing, market research company India, providing training in effective marketing research, customer management and product marketing. For more information please visit. http://www.confianzys.com

Thursday, 19 May 2011

The Discipline of Product Management

Product development is the process of designing, building, operating, and maintaining a good or service. Software and Internet companies use a product development process to ensure that they are not just manufacturing a technology, but creating a product that people will want to buy and continue to use. To be sure, a base technology is at the heart of the product, but product development ensures that the customer’s voice is not lost in the rush to an exciting technology. Product development adds things like pricing, marketing, and customer support to the technology to create a complete product.
Product development is the process of designing, building, operating, and maintaining a good or service
Without a product management philosophy and discipline, an IT organization becomes focused on the technology instead of the customers and is often organized along technology lines rather than in ways that benefit the customer. Ultimately, an IT organization must serve its customers or it will go out of business, either because the customers go away or because they complain to executive management until the organization is changed.
Product development is performed by a multi-disciplinary team whose goal is building, operating, and maintaining the product. Team members may include product managers, software developers, project managers, product operations engineers, customer support managers, software quality assurance engineers, user interface design engineers, marketers, financial personnel, and graphic artists.
The product manager serves as the leader of this cross functional team. While the product manager does not necessarily function as the operational manager for these people, she does lead, coordinate, and supervise their work toward the end goal of making the product a reality, launching it, operating it, and managing it throughout its life cycle.
Product management as a discipline is about what the product should be. Product managers are advocates for the customer’s needs and desires. A large product might have numerous product managers working towards its success at a variety of levels, all the way from the junior product manager writing specifications about single feature sets to a product strategy director who has overall responsibility to executive management for the product direction. A product manager’s responsibilities include the following:
1) Defining and planning product lines and product enhancements
2) Managing product contracts and sales
3) Setting strategic direction based on customer needs and business goals
4) Interpreting strategic goals into operational tasks
5) Making proposals to senior management regarding implications of proposed plans
6) Serving as a representative to internal and external clients. Taking the lead in establishing tactical plans and objectives
7) Developing and implementing administrative and operational matters ensuring achievement of objectives
    Evaluating risks and trade-offs
9) Proposing contingency plans
10) Analyzing business processes and creating applications to improve or support those processes
11) Branding
12) Working with graphic designers to create look and feel
13) Defining navigational flow and user experience
14) Defining feature sets and scooping releases
People not familiar with the discipline of product management frequently get a product manager confused with other players. For more information please visit. http://www.confianzys.com