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Actual for You - Seven Common Marketing Problems Solved by Marketing Operations
Why Hire a Security Consultant ing Operations helps set realistic expectations and mutual accountability
between suppliers and the organization, increasing the effectiveness of outsource
partners by empowering them to act as an extension of the internal team.I have often been asked, “Why should I hire a security consultant to tell me what security measures my business needs?” I guess the biggest reason is if you know little to nothing about security, then you need to hire someone that does know the ins and outs to get the most benefit!There is a lot more than just looking at your doors, windows and locks or alarm systems to figuring out what security measures are need to protect your entire business. The main goal is to look at all your liabilities on security issues and reduce or eliminate them. This saves you time and money in the long run and keeps you out of a possible court situation in the future.To this end, you need to do a physical site security survey. This will identify the most pressing of your security issues that can get you in trouble. By looking at the entire company, those issues can be identified, measures to protect you implemented and your liabilities reduced!There are measures that only need to ha PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align Treat Employees Like Dogs To Boost Loyalty Corporate marketing groups - especially bandwidth-challenged small-to-mid-sized departments - can be so focused on tactics and fire fighting that they jeopardize their marketing investment. There is a tendency to overreact to events, to tackle symptoms rather than underlying fundamental problems and to jump at the opportunity to please the boss. Many times, this kind of tactical knee jerking may be fatal.We Americans love pets, especially when it comes to dogs. You might be wondering how treating employees like dogs is going to have anything but a negative effect on your business. But I suggest just the opposite is true.Consider for a moment that in 2005, 35.6 percent of U.S. households owned almost 32 million dogs, or an average of 1.7 dogs per household. As early as 1994, Knight Ridder Tribune News Services was predicting that the U.S. pet care industry was headed for rapid expansion. Today it is estimated we Americans spend approximately $ 27 billion per year on nutrition, health and the general well being of our pets.Could furry hugs and slobbery kisses really be worth $25 billion a year? If you look at the expanding array of products flooding the market, it’s truly astounding the lengths Americans will go to to shower Fido with love, care and comfort. Whether it’s a $7,500 climate controlled dog house, a $1,595 Jog-a-Dog treadmill, a doggie size water bed or g Without great marketing, companies won't flourish, especially those in highly competitive markets. Yet the chaotic nature of emerging or dynamic growth companies and the tendency to place the marketing burden on too few individuals is a setup for failure. Promising companies may be left in the dust, or at least handicapped at the starting gate. Marketing Operations is emerging as an important discipline for improving performance and measuring ROI in admired technology companies (like Intel, IBM and Amazon) who have refined and fine-tuned their marketing organization with an operational focus. Given the demands that these organizations face today, an innovative approach is central to solving critical issues like results measurement, bandwidth constraints and creativity limitations, and building value-added outsourced supplier relationships and effectively managing budget. Many of the best practices, efficient processes and systems approach from large company Marketing Operations can and should be applied by emerging companies that are serious about their marketing investment. Here's why: PROBLEM #1 Ill-defined metrics Today, more than ever, corporate marketing departments need to justify their existence. The need to measure results is unavoidable. However, the instincts and skills that make an outbound marketing practitioner great-action-orientation, verbal and written acuity, persuasiveness, the ability to build strong relationships- often don't translate into an ability or willingness to scientifically and objectively evaluate success. Add in broken systems and the organization's unwillingness to pay for marketing evaluation, and it's no surprise that many marketing departments are unable to define meaningful success metrics. SOLUTION Marketing Operations ensures that the right processes are in place to establish meaningful metrics at the front-end of marketing process, enabling the measurement of success at key intervals, and as each program concludes. PROBLEM #2 Slammed resources The prevailing attitude of "doing more with less" can leave key people discouraged, overwhelmed, near burnout, and eventually, circulating their resumes. The consequences for organizations are costly mistakes, high turnover, and collapsed programs when key people leave, and missed opportunities to leverage the "ugly-stepsister-Cinderella-in-waiting" programs that never get off the ground because of a lack of ownership. SOLUTION Marketing Operations addresses these resource limitations by ensuring workload is effectively allocated, roles are clearly defined, interdependencies are understood, team members feel satisfied with their jobs and the programs and additional resources, whether through additional headcount or outsourcing, can be successfully justified to executive management. PROBLEM #3 Sketchy institutional memory Marketing is dependent on accurate information, a historical view into past successes and failures, and the ability to recognize patterns that link seemingly unrelated data points. Unfortunately, knowledge in many marketing organizations is scattered all over the company. It's in the heads of individual workers, on shelves, on people's hard drives, in long forgotten filing systems. When people leave, a big piece of organizational knowledge goes with them. Information loss is a huge productivity killer for marketing teams. Lost insight that must be regained or reacquired wastes previous marketing investments. SOLUTION Marketing Operations facilitates knowledge sharing, an enduring repository of information and greater decision-making based on fact, as opposed to hunch. PROBLEM #4 Constrained creativity The best creativity comes from many brains working together in collaboration. A consequence of the age of the "individual contributor" director is constrained creativity. When the entire creative burden falls mostly on one outbound marketing person, the ability to think out of the box can be severely impacted. Creative synergy results from many minds thinking as one. SOLUTION Marketing Operations enables the creative process to benefit from the synergy of team. PROBLEM #5 Failed supplier relationships Most successful companies can point to strong, long-term marketing supplier relationships as integral to their success. Likewise, a pattern of failed supplier relationships is often an indicator of marketing department failure, rather than poor vendor performance. Unfortunately, companies that have had consistently bad relationships with outsource suppliers often react by seizing control and bringing everything in house. While this strategy may provides the illusion of control, it lets marketing managers deflect blame for failures, rather than teaching them how to manage their outsource suppliers by taking responsibility for the results. In addition, this strategy won't scale with the growth of the organization. SOLUTION Marketing Operations helps set realistic expectations and mutual accountability between suppliers and the organization, increasing the effectiveness of outsource partners by empowering them to act as an extension of the internal team. PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align t The Salvage Truth - Boat Insurance Buying Tips from large company
Marketing Operations can and should be applied by emerging companies that are
serious about their marketing investment. Here's why:The water may be your element. You may find the sea quite stirring yet in here you find your own serenity. Yes, the mere sight of the vast sea may stir in you quite a number of various emotional responses. Not a few of people from all walks of life are motivated to build their dream houses near the beach where an overlooking view of the sea is possible. Of course, there are also those who truly enjoy riding on a boat. Some would even resort to buying and owning their own craft such as a yacht or motor boat. These sea vessels are not only bought and owned for the sole purpose of joyride or sea adventures but they are also employed for business reasons.1. Boat Insurance - Just Like Car InsuranceIt is wise to secure boat insurance for security reasons. You may never know what may happen to you and your boat’s occupants when it fares out into the vast sea. Cases of theft, salvage, and natural disasters are some of the problems you may be faced with and they can be truly irri PROBLEM #1 Ill-defined metrics Today, more than ever, corporate marketing departments need to justify their existence. The need to measure results is unavoidable. However, the instincts and skills that make an outbound marketing practitioner great-action-orientation, verbal and written acuity, persuasiveness, the ability to build strong relationships- often don't translate into an ability or willingness to scientifically and objectively evaluate success. Add in broken systems and the organization's unwillingness to pay for marketing evaluation, and it's no surprise that many marketing departments are unable to define meaningful success metrics. SOLUTION Marketing Operations ensures that the right processes are in place to establish meaningful metrics at the front-end of marketing process, enabling the measurement of success at key intervals, and as each program concludes. PROBLEM #2 Slammed resources The prevailing attitude of "doing more with less" can leave key people discouraged, overwhelmed, near burnout, and eventually, circulating their resumes. The consequences for organizations are costly mistakes, high turnover, and collapsed programs when key people leave, and missed opportunities to leverage the "ugly-stepsister-Cinderella-in-waiting" programs that never get off the ground because of a lack of ownership. SOLUTION Marketing Operations addresses these resource limitations by ensuring workload is effectively allocated, roles are clearly defined, interdependencies are understood, team members feel satisfied with their jobs and the programs and additional resources, whether through additional headcount or outsourcing, can be successfully justified to executive management. PROBLEM #3 Sketchy institutional memory Marketing is dependent on accurate information, a historical view into past successes and failures, and the ability to recognize patterns that link seemingly unrelated data points. Unfortunately, knowledge in many marketing organizations is scattered all over the company. It's in the heads of individual workers, on shelves, on people's hard drives, in long forgotten filing systems. When people leave, a big piece of organizational knowledge goes with them. Information loss is a huge productivity killer for marketing teams. Lost insight that must be regained or reacquired wastes previous marketing investments. SOLUTION Marketing Operations facilitates knowledge sharing, an enduring repository of information and greater decision-making based on fact, as opposed to hunch. PROBLEM #4 Constrained creativity The best creativity comes from many brains working together in collaboration. A consequence of the age of the "individual contributor" director is constrained creativity. When the entire creative burden falls mostly on one outbound marketing person, the ability to think out of the box can be severely impacted. Creative synergy results from many minds thinking as one. SOLUTION Marketing Operations enables the creative process to benefit from the synergy of team. PROBLEM #5 Failed supplier relationships Most successful companies can point to strong, long-term marketing supplier relationships as integral to their success. Likewise, a pattern of failed supplier relationships is often an indicator of marketing department failure, rather than poor vendor performance. Unfortunately, companies that have had consistently bad relationships with outsource suppliers often react by seizing control and bringing everything in house. While this strategy may provides the illusion of control, it lets marketing managers deflect blame for failures, rather than teaching them how to manage their outsource suppliers by taking responsibility for the results. In addition, this strategy won't scale with the growth of the organization. SOLUTION Marketing Operations helps set realistic expectations and mutual accountability between suppliers and the organization, increasing the effectiveness of outsource partners by empowering them to act as an extension of the internal team. PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align Getting Rich Is Not Brain Surgery y people leave, and missed opportunities to
leverage the "ugly-stepsister-Cinderella-in-waiting" programs that never get off the
ground because of a lack of ownership.Who makes the most money in this world? Doctors? Lawyers? Brain surgeons? The answer might just shock you!There are other people out there who aren’t nearly as well educated – people without the college degrees and diplomas – yet they’re making more money! Plus, they didn’t have to spend hundreds of thousands of dollars to learn their trade in the first place!Even the richest doctors, lawyers, and brain surgeons get paid by the hour. If they decide they’re not going to work an hour, they’re not going to get paid for it.The shocking truth is, there are average men and women out there right now who have learned to make more money than these high-profile occupations – and they’re NOT getting paid by the hour! Instead, they have a constantly flow of money coming in! And you can learn the secrets they’re using the build their fortunes with this powerful new electronic book – Getting Rich Is Not Brain Surgery!When we find a cure for cancer, brain surgeons will be SOLUTION Marketing Operations addresses these resource limitations by ensuring workload is effectively allocated, roles are clearly defined, interdependencies are understood, team members feel satisfied with their jobs and the programs and additional resources, whether through additional headcount or outsourcing, can be successfully justified to executive management. PROBLEM #3 Sketchy institutional memory Marketing is dependent on accurate information, a historical view into past successes and failures, and the ability to recognize patterns that link seemingly unrelated data points. Unfortunately, knowledge in many marketing organizations is scattered all over the company. It's in the heads of individual workers, on shelves, on people's hard drives, in long forgotten filing systems. When people leave, a big piece of organizational knowledge goes with them. Information loss is a huge productivity killer for marketing teams. Lost insight that must be regained or reacquired wastes previous marketing investments. SOLUTION Marketing Operations facilitates knowledge sharing, an enduring repository of information and greater decision-making based on fact, as opposed to hunch. PROBLEM #4 Constrained creativity The best creativity comes from many brains working together in collaboration. A consequence of the age of the "individual contributor" director is constrained creativity. When the entire creative burden falls mostly on one outbound marketing person, the ability to think out of the box can be severely impacted. Creative synergy results from many minds thinking as one. SOLUTION Marketing Operations enables the creative process to benefit from the synergy of team. PROBLEM #5 Failed supplier relationships Most successful companies can point to strong, long-term marketing supplier relationships as integral to their success. Likewise, a pattern of failed supplier relationships is often an indicator of marketing department failure, rather than poor vendor performance. Unfortunately, companies that have had consistently bad relationships with outsource suppliers often react by seizing control and bringing everything in house. While this strategy may provides the illusion of control, it lets marketing managers deflect blame for failures, rather than teaching them how to manage their outsource suppliers by taking responsibility for the results. In addition, this strategy won't scale with the growth of the organization. SOLUTION Marketing Operations helps set realistic expectations and mutual accountability between suppliers and the organization, increasing the effectiveness of outsource partners by empowering them to act as an extension of the internal team. PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align Customers Want a Relationship d on fact, as opposed to hunch.Would you rather go out to a different store every time you want to buy something, never being completely satisfied with what you get, and having to look for a new store on each new shopping trip or would you rather go to the same store and get everything that you need and want each time you go? The same is true for your customers. Just like anyone seeking a relationship, customers want a long-standing business relationship not a one night stand. To get your business to flourishing you need to focus on your customers and their satisfaction.The real value of your customers is found in the second and third purchase and every one after that. You can grow the value of your business by growing the value of your customer base. When you create a marketing campaign, look at both the immediate return on investment you expect as well as the long term customer value that you are providing.You need to get in your customer’s shoes. By having an intimate knowledge of what your c PROBLEM #4 Constrained creativity The best creativity comes from many brains working together in collaboration. A consequence of the age of the "individual contributor" director is constrained creativity. When the entire creative burden falls mostly on one outbound marketing person, the ability to think out of the box can be severely impacted. Creative synergy results from many minds thinking as one. SOLUTION Marketing Operations enables the creative process to benefit from the synergy of team. PROBLEM #5 Failed supplier relationships Most successful companies can point to strong, long-term marketing supplier relationships as integral to their success. Likewise, a pattern of failed supplier relationships is often an indicator of marketing department failure, rather than poor vendor performance. Unfortunately, companies that have had consistently bad relationships with outsource suppliers often react by seizing control and bringing everything in house. While this strategy may provides the illusion of control, it lets marketing managers deflect blame for failures, rather than teaching them how to manage their outsource suppliers by taking responsibility for the results. In addition, this strategy won't scale with the growth of the organization. SOLUTION Marketing Operations helps set realistic expectations and mutual accountability between suppliers and the organization, increasing the effectiveness of outsource partners by empowering them to act as an extension of the internal team. PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align How to Avoid Wintertime Slips and Falls ing Operations helps set realistic expectations and mutual accountability
between suppliers and the organization, increasing the effectiveness of outsource
partners by empowering them to act as an extension of the internal team.In many parts of the country, winter brings with it wet and icy conditions. This is dangerous not only for driving, but also for walking! Thousands of injuries occur from people slipping and falling because of ice and snow. It's estimated 12,000 Americans die each year from a fall. A worker injured from a fall on ice or snow can be off work for a long time, increasing your insurance costs and workers compensation expenses.How do you reduce injuries when your cleaning employees are getting in and out of their cars and walking across ice and snow covered parking lots? Don't get caught off guard. Pay attention to the weather and encourage your employees to monitor what's going on outside. Depending on weather conditions, your employees may need to pack a shovel, boots and ice melt. Parking lots and walkways might not be shoveled if it starts snowing after business hours.Following are tips to avoid slipping and falling on the ice:* Park close to the building an PROBLEM #6 Lost discretionary budgets Use it or lose it. Misuse it and lose it anyway. Many corporate marketing departments are leaving discretionary budget on the table or allocating it to the wrong initiatives. This discretionary marketing budget "Catch 22" occurs because: • It's very time consuming to manage the budget effectively, especially in companies with broken financial systems • Each marketing spend-decision creates more work for the one-person or small- team marketing department in terms of project management, measurement, supplier management, etc. • Doubt persists about the ability to successfully justify the expenditure to management • Focus is instinctively on high-visibility marketing activities and C-level executive "requests" over fiscal management (marketing people are more inclined toward marketing than finance) SOLUTION Marketing Operations facilitates implementing the system support infrastructure and financial management discipline needed to protect precious marketing budgets. PROBLEM #7 Narrow marketing mix Many companies align their fate with the success of too few marketing programs. Whether it's lead generation, public relations, trade shows or advertising, the over- reliance on any one particular program can derail a company-especially if a key program unexpectedly loses momentum. In the meantime, programs that could have had strong leverage never get a chance to prove their mettle and are forever relegated to the "B" list. SOLUTION Marketing Operations puts the means in place to launch potentially high-value marketing programs that would never otherwise get out of the starting gate. The Bottom Line In a nutshell, Marketing Operations is an organization's best bet to: • Ensure that success can be measured and replicated • Leverage systems and processes to enable consistently excellent performance • Encourage great marketing departments to stay together • Allow the marketing organization to flourish, despite the unexpected, but often inevitable, loss of a key employee.
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