boot strap marketing finding customers – getting sales
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BOOT STRAP MARKETING Finding Customers – Getting Sales. Chris Walker BA MA MCIM People Systems International & Venture Wales. Marketing & Sales. Background in Marketing and sales for multinationals – P & G, ExxonMobil, M & S and for SME’s in Wales Concentrate on SME’s - PowerPoint PPT PresentationTRANSCRIPT
BOOT STRAP MARKETINGFinding Customers – Getting Sales
Chris Walker BA MA MCIMPeople Systems International &
Venture Wales
Marketing & Sales
• Background in Marketing and sales for multinationals – P & G, ExxonMobil, M & S and for SME’s in Wales
• Concentrate on SME’s• Entrepreneurs have good and innovative ideas but
don’t perform to forecast or fail to achieve sales• Success is more about planning, targeting and effort • Less on spending £thousands on marketing: more
about focussed effort
Bootstrapping
Bootstrapping or booting refers to a group of metaphors that share a common meaning: a self-sustaining process that proceeds without external help.
Wikipaedia
http://blog.bootstrappingwithoutboots.com/
Key Concept
Front loadingStart your marketing and sales effort at the beginning of the start-up process
DON’T WAIT!
Scubacraft – case study• Local Company – global aspirations• Ambition• Benchmark - World Class • Problem: Limited finance for prototyping and getting to
market• Solution: Boot-strap marketing
How to do Bootstrap Marketing
• Defining the brand– What product/ service are you offering?– What’s the story – the narrative?– What are the brand values?– Where is the wow?
TARGETTING IS THE KEY
• Have ambition• Be Bold – What’s the worst that can happen?• Who do you want to be your customers?• You need less marketing ‘stuff’ than you think• Find innovative ways of getting something for
nothing (or as little as possible)• JFDI – Just do it!
So who are your target customers?
• Clearly define your market segments and target customers – primary/ secondary
• How will you get to your customers• Getting to talk to the MAN – • Define your goal – Get in the ‘zone’ - Meeting? Sale?
Be Creative - Dealer Network
Your pen or mine?
• Get sales commitments / get sales orders
Be Bold – help others to advertise and promote your product or service
Nigel Harwood, CEO InterGlobe Established Products Private Limited, launches a range of luxury products in Delhi and features Scubacraft alongside Koenigsegg Cars and Sikorsky Helicopters.
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Bootstrapping? Do it. You know it makes sense.