Best of Marketing Tips

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Quality Marketing Tips Only an Expert can teach you how!

Internet is full of Good, Bad and worst, it's hard to find quality stuffs one need to read and adopt. People often mail me to learn about places where they get authentic marketing articles which really help us to learn and improve. Indeed this is a tough job.

I have created this lens to help my readers to create a quick reference guide covering every processes involved in developing marketing strategies.

This is not an internet marketing or SEO stuff but I have put together several articles covering marketing strategies along with important website marketing strategies. I have created my own task list or you can say developed a step by step 'reference guide' which is essential to develop initial marketing plan.

This lens is a collection of some useful stuffs written by real people who understand what marketing is and how to successfully implement a right marketing plan.

Learn Marketing from Experts, who knows "marketing" 

Understanding the Marketing Defintions 

What is Marketing? Questions are answered here.

Learn views from hand chosen experts who explain the term "Marketing" in details.
What is Marketing Tutorial From KnowThis.com
In the first part of our FREE highly detailed Principles of Marketing Tutorials looks at what marketing is and includes definition, history and a look at what marketers do.

This is an excellent read, highly recommended.
Brian Norris presents his views on Marketing
What is marketing? Marketing Leader Brian Norris answers the question What is Marketing, and defines marketing in its truest form. Includes link to his article on the 4As of marketing.

"According to Brian, Marketing is a four step process that begins with analyzing and defining a qualified universe of potential users or buyers."
A Crash Course in Marketing: Introduction and Marketing Strategy
"Marketing is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders."
What is Marketing? : MarketingProfs Articles
Excellent Marketing article on What is Marketing by Marketingprofs.com. This is a very good question and the answer typically ends up (as it is in the aforementioned article) being a lot of tactics, like advertising, brand management, sales, service, pricing, email marketing, etc. That's a good start, but far from complete.
Small Business Marketing - Part 1 | Online Marketing Web Promotions Guide
According to experts, small businesses must consider investment in marketing as the back bone of achieving profit and success. Today, a vast amount of options under the category of marketing are available to investors. However, it would be wise to do your research prior to taking any decision. You need to be confident that you have made the right decision.

Small Business Marketing Part 2 and Part 3 is a gem, dont miss that too!
What is Marketing? About.com
Marketing activities and strategies result in making products available that satisfy customers while making profits for the companies that offer those products.
Seth's Blog: What do you know?
Don't Miss this great list from Seth Godin Actually I should put this on top, but I like to tease you guys and like to know if you are actually browsing the links.

Marketing Environment - PEST Analysis 

PEST Analysis is basically an analysis of external factors (Which are not under direct control of company) mainly Political, Economical Social and Technological.
What is PEST analysis?
PEST analysis is also known as: STEP, PESTEL, PESTLE, PESTE, PESTLIED, SLEPT, STEEPLE, STEEPLED, LE PEST C and LEPEST analysis. Kotler (1998) claims that PEST analysis is a useful strategic tool for understanding market growth or decline, business position, potential and direction for operations.
PEST Analysis - Understanding "Big Picture" Forces of Change
PEST Analysis is a useful tool for understanding the "big picture" of the environment in which you are operating, and the opportunities and threats that lie within it. By understanding your environment, you can take advantage of the opportunities and minimize the threats.
PESTLE analysis, tool, STEP, PEST analysis, SLEPT analysis, STEPE, ETPS, SWOT, Marketing, environment scan
The PESTLE analysis tool is one of many used to help managers identify their market positioning and strengths. This page is provided as a resource to help students and managers new to the model carry out a PESTLE analysis of theor own organistaion. The PESTLE analysis can form part of an organisatio
Carrying out a PEST analysis. (01-OCT-05) Chartered Management Institute: Checklists: Managing Information and Finance
This checklist is designed to help those responsible for carrying out a PEST analysis for an organisation. It also provides guidance for students required to produce a PEST analysis as part...

SWOT Analysis: Strengths, Weaknesses, Opportunities, Threats 

SWOT analysis - Wikipedia, the free encyclopedia
SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favourable and unfavourable to achieving that objective. The technique is credited to Albert Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data from Fortune 500 companies.
Using a SWOT Analysis as a Key Career-Planning Tool
A key tool in the strategic planning process can also be applied to career planning. This tool is a marketing analysis using the SWOT technique. A SWOT analysis focuses on the internal and external environments, examining strengths and weaknesses in the internal environment and opportunities and threats in the external environment.
SWOT analysis | Strengths and weaknesses
Strengths and Weaknesses - SWOT analysis - business insight from Thinking Managers by Edward de Bono and Robert Heller. How far is my company away from failure? The question itself sounds like an admission of inadequacy. The confident manager surely doesn't walk around waiting for nemesis to strike.
SME Direct - SWOT Analysis
This section of SME Direct talks about the SWOT analysis, which stands for Strengths, Weaknesses, Opportunities and Threats. Links to tools to help determine these elements.
SWOT Analysis Tool for Small Business
Strengths, Weaknesses, Opportunities, Threats. SWOT Analysis is a strategic method for identifying your small business' Strengths and Weaknesses, and to examine the Opportunities and Threats in the wider environment (market, industry, global situation). There three levels is this tutorial: beginners who want to just do it, intermediates who want a more sophisticated analysis, and advanced for the intellectuals in the crowd. There are many good examples of the beginners and intermediate analyses on the web.

Product Analysis, Understanding the product lifecycle 

IAR: Survey > Product analysis
Product analysis is the systematic examination of instructional products, such as student created objects, portfolios, assignments, or writings, to assess the effectiveness of the course or instruction.
Product Analysis
Everyday we use thousands of different products, from telephones to bikes and drinks cans to washing machines. But have you ever thought about how they work or the way they are made? Every product is designed in a particular way - product analysis enables us to understand important materials, processing, economic and aesthetic decisions which are required before any product can be manufactured. An understanding of these decisions can help us in designing and making for ourselves.
Product Management Life Cycle : Product Life Cycle Analysis and Marketing Strategy Tool | Product Life Cycle Graph Marketing Mix Return Investment Competitive Advantage Market Share
Product Life Cycle Strategy and Analysis in Product Management - a product marketing tool to optimize marketing mix. Gain competitive advantage, increase market share and maximize Return on Investment.
Conjoint analysis (in marketing) - Wikipedia, the free encyclopedia
Conjoint analysis is a statistical technique used in market research to determine how people value different features that make up an individual Product or Service. The objective of conjoint analysis is to determine what combination of a limited number of attributes is most influential on respondent choice or decision making. A controlled set of potential products or services is shown to respondents and by analyzing how they make preferences between these products, the implicit valuation of the individual elements making up the product or service can be determined.

What is Market Competitive Intelligence? 

Competitor analysis - Wikipedia, the free encyclopedia
Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. This analysis provides both an offensive and defensive strategic context through which to identify opportunities and threats. Competitor profiling coalesces all of the relevant sources of competitor analysis into one framework in the support of efficient and effective strategy formulation, implementation, monitoring and adjustment.
Competitor Analysis
A framework for competitor analysis, considering the competitor's objectives, assumptions, strategy, and capabilities. In formulating business strategy, managers must consider the strategies of the firm's competitors.
Competitive Analysis
The purpose of the competitive analysis is to determine the strengths and weaknesses of the competitors within your market, strategies that will provide you with a distinct advantage, the barriers that can be developed in order to prevent competition from entering your market, and any weaknesses that can be exploited within the product development cycle.
Competitive Analysis: Understanding the Market Context - Boxes and Arrows: The design behind the design
Competitive analysis, as the name implies, is an exploration of the companies in a given industry sector or market niche that are competing with your company's products or services for market share. The analysis may be an in-depth exploration of the top five competitors, or a larger number of competitors could be examined (typically with less depth in the analysis). In most cases, the client will have identified the target competitors for you.

Marketing Demographics Research 

Marketing Demographics - Have you Listened to a Customer Today?
With so many technical options for collecting demographic data from and about consumers, how do you decide which options to employ and how to use the information you get?
Study Room - Business - Marketing - Analysing the market - Demographic Segmentation
Explanation of Analysing the market, Demographic Segmentation. Demographic segmentation divides the market into groups based on demographic variables including age, gender, family size and life cycle.
Market Research, Demographics Research Article - Inc. Article
Market Research, Demographics Research Article - Market research, strategic planning, using surveys and focus groups, analyzing customer demographics to develop a marketing plan as part of a solid business plan for management of small business.
Marketing and Demographic Resources | University of Mississippi Libraries
Search for articles from scholarly, general business, and trade journals in any of the Business articles databases available through the Library. This resource is something awesome, A must must read for every one!
Demographics - Managing External Forces Tutorial From KnowThis.com
This part of the tutorial on Managing External Forces looks at the importance of demographic changes to marketing decisions such as shifts in population size, geographic location, gender, age, income, education, social class and many more.

Setting up your Marketing Budget 

Setting a Marketing Budget | SCORE
Expert advice to help you make the most of a slim marketing budget. Spending on marketing support-promotion, advertising and public relations-varies widely, from less than 1 percent of net sales for industrial business-to-business operations to 10 percent or more for companies marketing consumer-packaged goods.
Marketing - Promotion - Advertising: Setting the Budget
As a percentage of sales, advertising expenditure varies enormously from business to business, from market to market. For example, the leading pharmaceutical companies spend around 20% of sales on advertising, whilst business such as Ford and Toyota spend less than 1%. An average for fast-moving consumer goods markets ("FMCG") is around 8-10% of sales.
Should You Cut Your Marketing Budget During a Recession?
The news is all around us, we are headed for an economic downturn. Companies all over are tightening their budgets and their first inclination is to cut their marketing budget. Stop! Let me explain to you why more than ever you should consider your marketing spend as an investment and not an expense.
Low-Budget High-Impact Marketing Plan
The secret to creating a high-impact marketing plan is to optimize your limited budget. Use low-budget marketing to get your message out to your customers on a regular basis and watch sales revenue grow.
How To Sell Your Marketing Budget To Your CFO | Modern B2B Marketing Blog | Marketo
Selling your marketing budget to other executives is a common problem faced by B2B marketers, and looking at marketing spend as a percent of revenue (i.e. the Marketing Budget Ratio) is the most common way to set and justify marketing spend. It is an easy approach, and as "Mac" McIntosh points out, it is certainly better than just taking last year's budget and subjectively adding or cutting based on what you think worked.

Pareto's Principle - Understanding the 80-20 Rule 

Pareto's Principle - The 80-20 Rule
Pareto's Principle or the 80-20 Rule helps you manage those things that really make a difference to your results. In 1906, Italian economist Vilfredo Pareto created a mathematical formula to describe the unequal distribution of wealth in his country, observing that twenty percent of the people owned eighty percent of the wealth.
Pareto Principle (80-20 Rule) Complete Information
Pareto Principle or 20-80 Rule: The complete information resource on the only rule that millions of people rely on. The principle was suggested by management thinker Joseph M. Juran. It was named after the Italian economist Vilfredo Pareto, who observed that 80% of property in Italy was owned by 20% of the Italian population. Since J. M. Juran adopted the idea, it might better be called "Juran's assumption".
The Pareto Principle: Applying the 80/20 Rule to Your Business - ClickZ
A small portion of your business is generating the bulk of productivity and profitability. That's the Pareto principle. Your job is to identify and leverage it. Here's how.
80/20 rule - Applying the Pareto Principle to Horse Racing
A statistical anaylsis of the 80-20 rule (Pareto Principle) and applying it to horse racing. You can see the 80/20 rule in everyday life. 80% of a company's business comes from 20% of its customers. 80% of the traffic travels on 20% of the roads. 80% of the clothes you wear are from 20% of your closet - go and count those socks and shirts to see if its true!
The 80/20 Rule of Time Management
This may come as a surprise, but despite all the talk about life balance, you can benefit tremendously from introducing a little imbalance into your day. I'm referring to the 80/20 rule of time management, which is rooted in what is known as the Pareto Principle.

4 P's - the perfect marketing mix 

Marketing - Wikipedia, the free encyclopedia
In the early 1960s, Professor Neil Borden at Harvard Business School identified a number of company performance actions that can influence the consumer decision to purchase goods or services. Borden suggested that all those actions of the company represented a "Marketing Mix". Professor E. Jerome McCarthy, also at the Harvard Business School in the early 1960s, suggested that the Marketing Mix contained 4 elements: product, price, place and promotion.
Developing Your Marketing - 4 Ps of Marketing
Your marketing mix is a combination of marketing tools that are used to satisfy customers and company objectives. Learn how to develop a successful marketing program.

Best of Web - Some of great websites/ blogs 

Seth's Blog
Seth Godin's riffs on marketing, respect, and the ways ideas spread.
MarketingVOX - The Voice of Online Marketing
Online marketing, internet advertising and e-marketing news for media buyers.
Chris Baggott's Email Marketing Best Practices
Email is the greatest marketing tool in history. If used properly, nothing is more personalized, inexpensive, interactive or easier to execute than email marketing.
Steve Rubel
Steve Rubel is a digital marketer with over 15 years experience. He currently serves as SVP, Director of Insights for Edelman Digital, a division of Edelman - the world's largest independent PR firm.
How to Change the World
A practical blog for impractical people. Guy Kawasaki needs no introduction.
Youth marketing to teens, tweens & Generation Y (Gen Y) - Daily news & commentary @ Ypulse
Ypulse is a media platform for youth media and marketing professionals. Ypulse publishes a blog, Ypulse.com; a newsletter, the Ypulse Daily Update; and produces several conferences each year, the Ypulse Mashup events.
Church of the Customer Blog
Authors Ben McConnell and Jackie Huba blog about word of mouth, customer evangelism and citizen marketers.

My Websites on Marketing 

Expert Marketing Services, Hire Internet marketing managers, SEO, SEM Consultants , Blog/ Web site promotion, Professional website management, online marketing assistant for SME's
Exclusive marketing assistance for small business at VA4 marketing. Hire Professional assistants to carry out SEO, SEM, Internet marketing, website management, Blog promotion, blog design, blog content management to improve your web site's conversion and better rankings.
Offshore Dedicated Staffing, Virtual Business Assistant in India, Virtual Marketing assistant for business and SME's.
Are you looking for offshore or outsourcing dedicated back office management for your business. Highly experienced and affordable virtual assistant available in India offers marketing, promotions, data entry work, internet research and other business development services.
Steve Arun's Marketing Guide
My personal website where I write about marketing and blogging stuffs.

Marketing Links 

Read some powerful marketing stuffs.

All About Marketing
Before you learn more about marketing, you should get a basic impression of what marketing is. See What's "Advertising, Marketing, Promotion, ...
Marketing - Marketing Strategy - Marketing Plan - Marketing ...
Learn about marketing careers, the stages of developing a marketing plan, how to begin marketing research, create a marketing strategy, and how to market a ...
Small Business Marketing Plans - Marketing Ideas For Small ...
Small business marketing plans, marketing ideas, and internet marketing for small business at Inc.com's Marketing Resource Center.
KnowThis: For Marketing, Market Research, Advertising, Sales, and more
Since 1998 offering FREE detailed tutorials, news and resources for professionals, academics and students in marketing, advertising, sales, market research, ...
Presentations about marketing
Presentations about marketing. ... Subscribe to `marketing` content by Email RSS ... Desayuno Activ@Mente - Marketing en tiempos de crisis ...
MarketingProfs - Marketing Resources for Marketing Professionals
Dec 2, 2008 ... One source for online marketing resources, marketing articles, online seminars, case studies, conferences and events for Marketing ...
Advertising, Marketing, Promotions, Public Relations, and Sales ...
In small firms, the owner or chief executive officer might assume all advertising, promotions, marketing, sales, and public relations responsibilities . ...
MarketingSherpa Home
Resource that publishes useful news, case studies, and best practices data about internet and integrated marketing.
Marketing
Marketing resources and links, including a marketing plan template and notes on marketing research and marketing strategy.
LSU Libraries -- Business Subject Guides
Aug 29, 2007 ... EU Business: General marketing information, sectoral and product .... Project 2000: Research Program on Marketing in Computer Mediated ...
Online Marketing Web Promotions Guide | Internet Marketing, Website Promotion, Online Marketing Services.
An excellent website on marketing and web promotions, Not so famous but probably one of the top ranked website.
Marketing Advertising Lens
As a brand manager and a business owner you must be tired of hearing the excuses thrown by offline media and advertising agencies. Ask for the effectiveness and they will throw their hands back behind their heads and start blabbering.

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Steve is presently working as chief marketing consultant to VA Business Services (An ISO 9001:2000 certified company).

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