Competitive SME :Building Competitive Advantage Through Marketing Excellence for Small to Medium Sized Enterprises

Publication subTitle :Building Competitive Advantage Through Marketing Excellence for Small to Medium Sized Enterprises

Author: Hood David James  

Publisher: Kogan Page Ltd‎

Publication year: 2013

E-ISBN: 9780749468514

P-ISBN(Paperback): 9780749468507

Subject: F713.5 market

Keyword: 经济计划与管理,商品销售,贸易经济,企业经济

Language: ENG

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Description

Inspired by the futureSME European Union initiative, this book shows SMEs how to harness and exploit competitiveness, agility, performance and resilience quickly and effectively to increase growth.

Chapter

Tables

Acknowledgements

Foreword

01 Introduction

Why you should read this book

How to use this book and what you will get from it

A straightforward seven-stage path to competitiveness through enhanced marketing

Practical book and tools

Clear definitions and direction for the SME

Why should I care about marketing? I want to know more about being exceptionally competitive!

Marketing: what it is; and just as important, what it is not

A short and essential history

Using the book in conjunction with the futureSME initiative

02 The reality: Addressing stress for the SME owner, manager or executive

Achieving a sound sleep at night...

The reality for SMEs and turning things to your advantage

Reducing personal stress

Changing ‘cannot’ to ‘can’

03 Competitiveness and the SME: We want it; but how do we get it?

Forget ‘Pareto’s principle’?

What are competitiveness and creativity, in terms of their use to me?

What SMEs think about competitiveness

What marketing does for SME competitiveness

Competitive SME and marketing

OK, so where do we start? – using the tools in this book

The marketing mix

The marketing audit

Quick marketing audit (© Copyright David James Hood: Competitive SME)

Note

04 Increasing your confidence: Leveraging what you have

Affordability

The power of ‘FREE’

Communicate, communicate, communicate

Piggyback

‘I just don’t have anything to say’

So what makes a great story?

How you can actually use feedback to be a major differentiator

05 Maximizing SME management: Making better decisions: Investments and predictions

What is ‘success’ in managing an SME?

Knowing your direction, goals and objectives

Making decisions that matter

Strategy

Creating new markets

Self-creating markets and the new reality

Social media communities

Strategy and measurements for decision-making

Cost-plus and cost-accounting are the enemy of the SME

Purpose

Decision-making and improving judgement

Growth v growth

Do not neglect marketing when concentrating on sales!

Customer relationship management (CRM)

Incoming or ‘in-bound’ conversations

06 Your unique selling proposition: Agility, the ‘adaptive organization’, profit and revenue improvement

Advantage and ‘the product’

Resourcing to create advantage

SWOT analysis

It is a knowledge economy now!

07 Real market presence: Marketing on a budget; branding, positioning and the SME

Power and your market

Assessing your market: marketing and market research

Market/marketing research template

Sources of information

The ‘value proposition’

Have you fully clarified the value proposition?

The total product concept

Looking at your proposition from the OUTSIDE IN

The value matrix

Notes on using the value matrix

Statements and ‘stories’ supporting the value proposition

Testing the ‘force’ of the proposition

Steps to checking your value proposition

‘Branding’ and ‘imagineering’

What can branding do for me?

SME branding: perceptions, positioning and segmentation

Getting branding right

Important evolution of modern segmentation

Perceptual maps

A simple brand management cycle template

Social networking and ‘the new reverse customer convergence and segmentation’

Managing the ‘social’ media: engagement

08 What do we really need to do? Planning to win

Investment in sales and marketing capabilities

Marketing plan and planning: it is not just writing a document for the shelf in your office

When writing your marketing plan

Components of a great marketing plan

Positioning and perceptual maps

The core challenge and conflict for your customer

Developing your proposition and propelling it into the market

Results

Action plan and schedule

09 Grasping the opportunity 1 (MARKETING): ‘Changing the currency’

What is the primary pain for your customer?

Moving to a ‘change in currency’

‘Moving from margin myopia’

10 Grasping the opportunity 2 (SALES): ‘Changing to managing the INCOME (revenue) PIPELINE’

Reconstructing the sale

Move from anticipating loosely-predicted targets based on sales transactions to focusing on ‘a crafted pull from the market’

Changing sales targeting and management

Changing the way we look at sales

Improve post-sale service to existing customers

Stop thinking about sales as ‘units of delivery’ or transactions

11 Quick wins (rather than quick fixes)

Change 1: What you think of marketing and its role as the means to competitiveness

Change 2: Sensing your market

Change 3: Less of an obsession with our competition

Change 4: Review what success means and our strategy to achieve it

Always ask for testimonials

Cautioning about ‘quick fixes’...

Tackling your immediate concerns and improving now

12 Optimizing your proposition and making more money: Bringing it all together!

A cyclical planning process for the SME

The competitive marketing triangle

Using the competitive marketing triangle as the strategic dashboard for your organization

Proposal development

Improving communication

Lastly, and most importantly – how to measure word of mouth and optimize it

The whole Competitive SME process

Resource appendices

Marketing Audit Checklist

Quick marketing audit

FutureSME

What is futureSME?

Who benefits?

How does it work?

Global Marketing Network

Microsoft

Partners and resources

Corporate conversations

David James Hood PgDIM PgDED PGMN

Online Resources

Index

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