Tuesday, April 21, 2009

Build your business with digital effectiveness!

Have a quick review of these topics the next time you visit your strategic plans.

Product
The product is less likely to be physical nowadays, certainly initially. The sales process can be far richer and educational before any physical interactions take place. Use of web “to find out more” is the norm. Your offer must still be solid, but your perception building can be built earlier.

Price
By leveraging digital technology devices real benefits can be created that can erode the need for pricing dependency. Think around your product or service, how can you make it easier, faster, smarter, longer using digital information to create greater value?

Place
This has materially changed forever. No longer do you need to be localised. Distribution, language, sales processes have all been emancipated. The welder in Melbourne can now sell knowledge and expertise to Germany, manufacture in Thailand and deliver to Canada.

Promotion
What a leap! Not only has traditional media taken a dollar hit, they have had to become accountable. While they are not out of the game, disruptive technologies are forcing a serious rethink. Now with digital media your dialogue can be worldwide or to an individual.

Participation
Customer created content, blogs, wikis, interactive web, social media are morphing quickly and they invariably come down to the ‘rise of the consumer’ through devices that entertain engagement and require collaboration.

With creative thought and good technology any product or service can benefit from this shifting world order.

Blog you later

John Mason
Director
ULB Global – Unlocking Business
PO Box 6238 BHBC
Baulkham Hills NSW 2153
m: 0418 462 311
p: +612 9680 4450
f: +612 9894 9581
w: http://www.unlockingbusiness.com/
e: john.mason@unlockingbusiness.com

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