Competitive Positioning_profile Your Market

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MARKETING Strategies & Tools for Consultants

Competitive Positioning: Start with a Market Profile

www.ConsultingMO.com

MARKETING Strategies & Tools for Consultants

Competitive Positioning Strategy

The foundation for a successful business.

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MARKETING Strategies & Tools for Consultants

www.ConsultingMO.com

MARKETING Strategies & Tools for Consultants

First step: Create a market profile. Creates a picture of the market and the typical buyer’s distinctive characteristics. Build brand for these buyers.

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MARKETING Strategies & Tools for Consultants

Classical Market Profiling Approach

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MARKETING Strategies & Tools for Consultants

Industry Study (B2B)

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MARKETING Strategies & Tools for Consultants

Geographical Demographics Define the geographical location of customers.

Is the product multi-cultural?

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Is positioning local, national, or global?

MARKETING Strategies & Tools for Consultants

Demographic Traits

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MARKETING Strategies & Tools for Consultants

B2B Demographic Analysis

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MARKETING Strategies & Tools for Consultants

End-User Demographic Analysis

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MARKETING Strategies & Tools for Consultants

Size and Trends For Both B2B and Consumer Markets

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MARKETING Strategies & Tools for Consultants

Modern Marketing Approach

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MARKETING Strategies & Tools for Consultants

Include the Human Elements

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MARKETING Strategies & Tools for Consultants

Examine the Psychological Motivations • • • • • •

What issues do customers face? What are their pains and desires? Who is the decision-maker? Are there multiple influencers? What is the purchasing processes? What is the buyer personality?

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MARKETING Strategies & Tools for Consultants

Paint a Picture of a Buyer

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MARKETING Strategies & Tools for Consultants

Share with your team!

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MARKETING Strategies & Tools for Consultants

Use Market Profile for Branding

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