marketing plans: one size does not fit all. marketing plans: outline marketing 101 market research...

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Marketing Plans: One SIZE does not fit all

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Page 1: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Plans:

One SIZE does not fit all

Page 2: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Plans: Outline

• Marketing 101

• Market Research

• Who are your customers?

• Marketing Methods

• Tracking Efficacy

Page 3: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing 101

Page 4: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• Marketing at its very core is…

The process through which

Valueis exchanged

Page 5: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• Managing the demand for goods and services

• The Four P’s- Product- Price- Place- Promotion- and #5 - People

Page 6: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing is...

• Product– Consumer products industry

• Marketing plays major role in defining product (ex., Crest, Tide)

– Libraries• Marketing plays a different role (ex. BASF - “We don’t

make the products you buy, we make the products you buy, better). Marketing helps define consumer perceptions of products.

Page 7: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing is...

• Price– Consumer products industry

• Marketing determines price of product based on a number of factors including costs of manufacturing and “what the market will bear.”

– Libraries• Marketing plays limited role.

Page 8: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing is...

• Place– Consumer products industry

• Marketing determines product placement with store locations and “store shelf” placement in relation to competitors.

– Libraries• Marketing plays major role in product placement on

library shelves. Where and how are the products placed in relation to others that create a “point of sale” approach

Page 9: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing is...

• Promotion– Consumer products industry

• Marketing determines promotional strategy in line with business plan and executes same

– Libraries• Marketing determines promotional strategy in

tandem with organizational strategic plan and executes same.

Page 10: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing is...

• People– Consumer products industry

• Marketing recruits, trains, and supports and tracks effectiveness of direct sales force.

– Libraries• Marketing has traditionally not instituted direct

sales approach but rather uses “soft” sales or indirect sales approach (P.R. events, etc.)

Page 11: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• The marketing plan must be linked to the overall goals and objectives of your organization…..your business plan

customers circulation both

Page 12: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• Brand/Image Management• How do you manage your library’s brand and image in the minds of

your consumers?

How can you differentiate your library in the marketplace ?

Page 13: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• PositioningThe intentional description of a product or service that creates a meaningful and long-lasting positive impression on the minds of target audiences.

Page 14: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing?

• Positioning– Positioning Statements

• Genesys “Intensive Caring”

• Port of Toledo “Your link to world markets”

Page 15: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing ?

• Product Line Marketing

How does product line marketing fit with brand identity?

Product line marketing should work in concert with brand management and should never conflict

Page 16: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing ?

• Libraries have product lines

- Children’s section

- Adult learning section

Page 17: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

What is Marketing ?

• Product Line MarketingProduct line marketing for each of your library’s sections may take a different approach

One SIZE does not fit all

Page 18: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Market Research

Page 19: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Market Research

• Primary Research

- Quantitative methodsTelephone surveys, direct mail surveys

- Qualitative methodsFocus groups, personal interviews

Page 20: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Market Research

• Secondary Research

- Existing data sourcesU.S. Census (demographics)

Community-based needs assessments

Page 21: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Market Research

• Market research can help you…

- Identify new customers

- Solidify your current customer base

- Understand customer satisfaction

- Determine new product offerings

- Defines SWOT (Strengths, Weaknesses, Opportunities, Threats)

Page 22: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Who are your customers?

Target audience identification

Page 23: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Target Audiences:

• Internal audiences

- Employees

- Publishing companies

- Other libraries

Page 24: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Target Audiences:

• External audiences

- Library patrons

- Donors

Page 25: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Methods

Page 26: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Methods

• Advertising– Television, Radio, Print, Outdoor, Direct mail

Page 27: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Methods

• Advertising

• Internal and External Communications– Newsletters, Electronic Media (e-mail)– Relationship marketing

Page 28: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Methods

• Advertising

• Internal and External Communications

• Public Relations– Community-oriented event & program

sponsorships, partnerships

Page 29: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Methods

• Advertising

• Internal and External Communications

• Public Relations

• Media Relations– “free advertising”

Page 30: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

Page 31: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

Contrary to popular belief...

Page 32: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

…not all methods work with all target audiences!!

Page 33: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

Well…DUH?!

One SIZE does not fit all!

Page 34: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

• You may find that print advertising works best for one product line

• Or that media relations works best for another product line

• To learn what works best…use a “call to action”

Page 35: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

• All marketing methods should have a “call to action”– Gives you and your audience an opportunity to

“exchange value”

– Could be a simple statement…”for more information call…”

– Could be a business-reply postcard to receive the next issue of your newsletter

Page 36: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Tracking Efficacy

• The purpose of a “call to action” is to test what works best.

Page 37: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Marketing Plans:

One SIZE does not fit all

Page 38: Marketing Plans: One SIZE does not fit all. Marketing Plans: Outline Marketing 101 Market Research Who are your customers? Marketing Methods Tracking

Questions?