Page 152 - 100 Great Business Ideas: From Leading Companies Around the World (100 Great Ideas)
P. 152

What makes precision marketing special is its ability to reach its
target audience and to meet their preferences in a memorable way,
promoting a robust product that can withstand competitors.

In practice

• Make sure you target the right market by gaining access to reliable

    market research—for example, via web marketing. Precision is
    the vital element of precision marketing!

• Hold brainstorming sessions where each of the “four questions”

    of precision marketing are considered in depth.

• Consider what precision marketing strategy you would

    realistically be able to carry out that surpasses your competitors’
    current efforts.

• Find ways to enhance your marketing and your offer. Keep it

    fresh, appealing, targeted, and distinctive.

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