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Tips on How to Strengthen Marketing Muscle
CHICAGO -- Marketing paves the way for winning market share
points in a tough market, but the paradox cited by industry
professionals at a recent conference is that many -- perhaps
most -- architecture, engineering and construction firms continue
to undervalue marketing.
"We're moving from an environment of growth to where
winning every share point is a slugfest," said Michael
Krauss, a fellow with Chicago-based DiamondCluster Inc., at
ZweigWhite's 2003 AEC Marketing Leadership Conference.
Keynote speaker Jim Shaffer, president of marketing and organizational
performance consulting firm Jim Shaffer Group of Annapolis,
Md., found that 75 percent of attendees polled before the
conference believe that marketers in AEC firms are not as
proactive as they need to be in order to have maximum impact
on their firms' success. Additionally, 55 percent of respondents
believe marketing needs to focus more on strategic activities.
Shaffer, Krauss and Mark Zweig, president of ZweigWhite,
and other AEC industry marketing experts offered several recommendations
for firms to get more out of their marketing departments:
Focus on high-value activities. Marketing professionals should
reduce low-value tasks, such as preparing routine proposals,
and take more of the lead in driving market strategy.
Monitor key metrics. Marketers should understand a firm's
performance drivers, analyze market trends that influence
those metrics and propose strategies to take advantage of
market trends.
Evaluate strategic plan frequently. Firms should update their
strategic business plans more frequently than once a year
at a retreat. A monthly review may be a good idea for many
firms.
Increase marketing's visibility within the firm. The marketing
department needs to promote itself within its organization
in order to raise its perceived value.
Make marketing an internal consultancy. When marketers adopt
the role of internal marketing/sales consultants they can
improve the firm's marketing and sales efforts and in turn
increase their own value to the firm.
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