Business Growth Strategy Shropshire UK, Business Growth Specialist Telford

Pulse London : Business Growth Specialist offering Business Growth Strategy Services in West Midlands, Telford and Shropshire in UK.

Small Business Growth Telford and West Midlands UK

Marketing Strategy

Questions to ask when developing your strategy

• What changes are taking place in our business environment? Are these opportunities or threats?

• What are our strengths and weaknesses?

• What do I want to achieve? Set clear, realistic objectives.

• What are customers looking for? What are their needs?

• Which customers are the most profitable?

• How will I target the right potential customers? Are there groups that I can target effectively?

• What's the best way of communicating with them?

• Could I improve my customer service? This can be a low-cost way of gaining a competitive advantage over rivals, keeping customers, boosting sales and building a good reputation.

• Could changing my products or services increase sales and profitability? Most products need to be continuously updated to maintain competitiveness.

• How will I price my product or service? Although prices need to be competitive, most businesses find that trying to compete on price alone is a poor strategy. What else are my customers interested in? Quality? Reliability? Efficiency? Value for money?

• What is the best way of distributing and selling my products?

• How can I best promote my products? Options might include advertising, direct marketing, exhibiting at trade fairs, PR or marketing on the web.

• How can I tell if my marketing is effective? A small-scale trial can be a good way of testing a marketing strategy without committing to excessive costs.

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