Shifting needs of consumers challenges Marketing Executives
Integrated, customer-centric strategies employed by
Marketing Executives can influence a corporation’s
bottom line.
“Companies with integrated marketing strategies,
processes and structures benefit from strengthened brand
equity, increased sales and market share, increased customer
loyalty and overall improved economic performance.” according
to the report “Empowering Corporate Marketing:
Building a Customer-Centric Organization” recently
released by Best Practices, LLC.
The report reveals practices for optimizing marketing
strategy, structure, process and customer relationship
management of both general marketing and solutions business
models: Whereas marketers reaching out to general audiences
often benefit from their brand image and solid consumer
relationships, marketers promoting solutions can offer
more complex product and service bundles but target mainly
C-level key customer decision makers.
Key practices for creating a structure that supports
an integrated marketing approach include:
Set key product strategies at the franchise level
to define worldwide brand identity
Structure a marketing organization to connect sales,
R&D and customers to remain customer-focused and provide
consistent brand identity
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