Posts Tagged ‘businesses’

What Is A Marketing Initiative?

Sunday, November 30th, 2008

The article “What Is A Marketing Initiative?” is about marketing, it has been written by Khemal Dole.Marketing is not as simple as many may lead you to think. In order for your business to be effective, you need to understand what is involved in promoting what you are offering in terms of products and services. That is wehre a good marketing initiative comes in to play. A marketing initiative is essentially anything that is celarly defined as a marketing effort. Simple, isn’t it? It is basiaclly anything specific in your marketing plan. So what types of things are considered marketing initiatives? Here are a few examples that may help you.For larger companies, a marketing initiative can be a theme. For instance, a set of commercials that use a specific chaarcter or funny situation over and over may be considered a marketing initiative. This, though, would certainly be more common with large businesses. An example of this is the Geiko commercials that feature the cute talking gekko. The initiative is to associate their auto insurance services and prodcuts with a character that sticks in your head. Bieng cute is an added advantage. This is why many commercials use cute, cuddly characters such as babies and puppies etc.Another example of a marketing initiative is undertaking a certain method relentlessly. Sometimes you may wish to focus your efforts solley on one method of marketing. If, for instance, you decide to implement email marketing with graet fervor, then you can call that your email marketing initiative. You will outline a plan really sepcific to that initiative. And you will crary it out. Focusing your efforts into a sole initiative dmeands that you understand it intimately. You better know what you are doing if that’s the ONLY initiatvie you’ve got. In addition you also need to have a backup plan in case your intiiative does not come through for you as you hoped. Often, when you put all your eggs in one basket, you better have more eggs!Another type of marketing initiative you may invoke is a large scale shift in what you are doing. If you are going away from traditional marketing to exclusively use the internet that is a whole new marekting initiative you are putting in place. Though not as specific as other examples, it is certainly something that driectly affects the marketing of your company. These types of initiatives are usually done parallely with your existing marketing initiatives. The old initiatives are slowly phased out as the new one takes over.A marketing initiative can also be as simlpe as a shift in an idea. You can have a new marketing initiative that simlpy changes the way you promote your company, or more specifically what about the company you are trying to promote. A shift in positioning is a good example.Marketing initiative is a broad term that is used often. However, if you understand what it is you will be more able to effectievly put an initiative in place if you need to. Changing or implementing an initiative is a monumental part of the promotion of your business. So it’s important that you understand what it means in the first place.Khemal Dole owns and operates
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