Review of
Is
Your Marketing in Sync or Sinking?: How To Create Marketing Synchronicity and
Drive Sustained Results, by Yaagneshwaran Ganesh
9789352066162
Five stars
Like all other
areas of business practice, the act of marketing has dramatically changed in
the last few decades, largely due to the pace of change. In the “old days” many,
if not most of the larger companies had fairly steady and predictable revenue
streams, with new products being introduced on a regular basis with significant
lead time. When competitors introduced new products it was often over a period
of time, so there was significant warning about the launch.
For nearly all
companies, that has changed in the last two decades. Communication is
instantaneous and companies separated by two figures of time zones are now
competitors for the same contracts and customers. New companies based on new
ideas seem to pop up overnight and have significant valuations. The newly
revised term “unicorn,” meaning a startup valued at a billion dollars, has been
created. Furthermore, there is no “one plan fits all” strategy that can be
employed, each company faces a different set of challenges.
What is common to all marketing departments is a set
of general principles that will always work. First and foremost in that list is
“satisfy your customers needs.” One of the well known and most often overlooked
facts is that it is always easier and significantly cheaper to sell more to an
existing customer than it is to attract a new one.
These basic
marketing principles are stated and restated with explanations in this book.
There are no fancy “marketer speak” phrases, the delivery is sensible,
practical and understandable. In many ways this book is better targeted at the
CEO than the CMO (Chief Marketing Officer). It is packed with advice for the
modern executive that looks out at the world and sees things moving and shaking
in a manner that is difficult to comprehend. Marketers should already know most
of the contents of the book, if they don’t they are in the wrong line of work.
The marketing
principles stated here can be used to establish a set of strategic guidelines
for a marketing plan that will establish a rudder keeping it steady and
directed in a direction yielding positive results.
This book was made available for free for review
purposes
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