Anatomy of a world-class marketing organization

[dot_recommends] July 10, 2020 Manufacturing Trends

Anatomy of a world-class marketing organization

Is there such a thing as a template for a world-class marketing organization? I don’t know, however, there are certain key functions that are critical to the success of one. As I see it, there are 5 key pillars:

  • Strategic Planning — Includes market assessment, competitive positioning and channel management with regards to profitability, share, leverage, etc.
  • Products/Services — Product Development, Portfolio Management and Pricing
  • Marketing Strategy & Execution —
    Brand Development/Extension and PR
    Segmentation & Customer Experience Management
    Budget Allocation
    Acquisition & Retention
    MarCom, Promotions
    Sales Support
  • Operations — Website, eCommerce, Marketing Automation Platforms, Analytic tools, Social Media Monitoring tools, etc.
  • Customer Satisfaction — Surveys, research through secondary data collected to help Strategic Planning and Product Development

 

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With over two decades of experience, Parin leads an expert demand-generation agency, StratMg, that helps industrial manufacturing clients achieve unambiguous and quantified organic sales growth across the US, EMEA & APAC.

Parin has built & positioned StratMg to be a value-added marketing services provider that strives to create a culture of quantified sales-driven marketing initiatives leading to sustained business growth through channel management, diversification, new customer acquisition and retention strategies and tactical execution.

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