Creating a learning marketing and sales organisation to win
Delivering sales and
marketing excellence in the face of a dynamic market is vitally important for
driving brand growth and gaining a competitive advantage. Several studies have
shown that companies with better sales and marketing capabilities grow faster;
therefore a focus on capabilities is required to ensure brands achieve their
desired
growth and return on marketing investment.
The landscape today has
become complex and unpredictable; this is also exacerbated by the ongoing
pressure to deliver above-average growth in tough economic times. In dynamic
economic conditions, individuals come and go, meaning that institutional
capability over time is eroded and a lack of common points of reference
undermine an organisation’s efforts.
Brand manufacturers and
distributors cannot underestimate the importance of entrenching marketing and
sales skills within their company. Improving ‘intangibles values’ – how people
and company resources are brought together to ensure a competitive advantage –
has become as important as investment in capital assets in order to sustainably
beat the markets, that is why creating a continuous learning marketing
organisation has become a necessity.
Skills required range from
foundational skills, to data analytics and integrated brand planning, to
ensuring brands create valuable consumer experiences to deliver growth and ROI
on marketing investment. Winning requires insightful and deliberate planning to
ensure long-term consistency to build and reinforce memory structures.
Where learning needs to
happen:
Assessing the landscape
This is the starting point
of all strategic marketing plans. It needs to be updated each year to adapt to
prevailing changes in the market. It lays the framework from which business
opportunities are assessed and brand plans are developed. It’s essential for
all marketers to have a detailed understanding of the environment they operate
in. Poor work on assessing the landscape leads to poor brand decisions – it’s
the foundation of all excellent marketing plans. Unfortunately, all too often
we constrain ourselves to a category by definitions determined by retailers or
researchers. If we are to drive category value creation, a detailed assessment
of the landscape our brand plays in through consumers’ eyes is important.
Strategic targets and prime
prospects
Identifying target audiences
needs to go beyond who marketers are targeting to what this means for brand
growth and therefore effective return on marketing investment. This includes
ensuring the target is big enough to drive growth and understand their needs to
ensure that communication is meaningful and actionable. By clearly identifying
the strategic target audience and prime prospects, teams will be able to
comprehensively profile their strategic target and prime prospects to ensure
succinct, inspiring marketing plans and efficient return on marketing
investment when growing brand presence.
Generating insights
Teams should be able to
effectively translate target audience insight into brand, concept and strategic
solutions. The setting up, delivering and measuring of brand concepts and
creative solutions to meet consumer needs, ultimately determines brand growth.
Not all briefs are the same – so it is critical to be clear about the
strategy, planning and execution deliverables. Additionally, it is important to
use post assessments as a means to provide valuable insight to ensure
course-correction and refinement of the WHO and WHAT of the brand.
Ultimately, as brands we
need to be clear of the underlying truth we are tapping into so that we
effectively build or reinforce the brand’s memory structure. Agencies may be
able to help in defining the WHAT and WHO; however, brand managers ultimately
determine the framework on how insight is effectively translated into action to
ensure long-term brand growth.
Deliver business results
How to get the job done and
deliver results is the ultimate lever to brand growth. Flawless execution is a
must-have skill to ensure a brand overcomes barriers or stimulates triggers for
business growth. Bringing strategy to life with perfect execution is a
deliberate process to trigger purchase. This is a process that entails design,
planning and execution guidelines and benchmarks to ensure the right results at
the right time. It is about fewer, bigger and better ideas to ensure desired
results. Flawless execution planning needs to be timely to ensure the design
and planning by the right people at the right time.
A learning marketing and
sales organisation requires focused attention and needs to be tailored to a
company’s stage of development. The means a proper needs assessment and
development of bespoke programmes that are delivered in a blended
approach, ensuring a focus on capabilities that matter most to the
organisation.
By MasingitaMazibuko, a senior associate at Aperio.
Take advantage of Aperio’s free team assessment by emailing masingita@aperio.co.za
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