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The Importance of Hiring a Marketing Consultant

PR Team - CMCS • March 7, 2024

In today's competitive business landscape, marketing plays a pivotal role in determining the success of a company. With the digital era in full swing, the strategies and platforms available to businesses are vast and ever-evolving. This is where hiring a marketing consultant can make a significant difference. Let's delve into the importance of bringing in an expert to guide your marketing efforts.


1. Expertise and Knowledge


A marketing consultant brings a wealth of knowledge and expertise to the table. They have experience across various industries and understand what works and what doesn't. Their insights can help tailor marketing strategies to your specific business needs, ensuring that you reach your target audience effectively.


2. Fresh Perspective


Being deeply involved in day-to-day operations can sometimes make it challenging to see the bigger picture. A marketing consultant can offer a fresh perspective, identifying opportunities and potential pitfalls that may have been overlooked internally. This outside view can be invaluable in shaping innovative and effective marketing campaigns.


3. Cost-Effective Solutions


While hiring a marketing consultant may seem like an additional expense, it can actually be a cost-effective solution in the long run. By avoiding costly mistakes and implementing strategies that yield results, a consultant can help maximize your marketing budget and ensure a higher return on investment.


4. Time-Saving


Time is of the essence in business. Developing and implementing a marketing strategy requires time and effort that could be better spent on other core business activities. A marketing consultant can take the reins, allowing you to focus on what you do best while they handle the marketing side of things efficiently.


5. Adaptability to Change


The marketing landscape is constantly evolving with new trends, technologies, and consumer behaviors emerging regularly. A marketing consultant stays updated with these changes and adapts strategies accordingly. This adaptability ensures that your marketing efforts remain relevant and effective in a rapidly changing environment.


6. Measurable Results


One of the key benefits of hiring a marketing consultant is the emphasis on measurable results. With the use of analytics and data-driven insights, a consultant can track the performance of marketing campaigns, making adjustments as needed to optimize results. This focus on measurable outcomes ensures transparency and accountability in your marketing efforts.

Hiring a marketing consultant is not just an option; it's a strategic investment in the success and growth of your business. With their expertise, fresh perspective, and ability to adapt to change, a marketing consultant can help you navigate the complexities of the modern marketing landscape effectively. So, if you're looking to take your marketing efforts to the next level, consider bringing in a consultant to guide you on your journey to success.


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By Daniel Clayton, Marketing Consulant October 6, 2021
All companies have competitors. Even if there were only one Taxi Company, the company would have to worry about buses, cars, bicycles, and even people who might prefer to walk to their destinations. The late Roberto Goizueta, CEO of Coca-Cola, recognized the company`s competitors when his employees were of the perception that Coca-Cola`s market share was at a maximum. In responding to his employees, the then CEO went on to state that Coca-Cola accounted for less than 2 ounces of the 64 ounces of fluid that each of the world’s 4.4 billion people drank every day. “The enemy is coffee, milk, tea, water,” he told his people. As a result, Coca-Cola is now a major seller of bottled water. The more success a company has the more competition it will attract. Most markets are brimming with whales, sharks, and minnows. In these waters, the choice is to eat lunch or be lunch. Or, using computer scientist Gregory Rawlins’ metaphor: “If you’re not a part of the steamroller, you’re a part of the road.” Hopefully your company will attract only good competitors as they are considered to be a blessing. Good competitors are like good teachers who raise our sights and sharpen our skills whilst Average competitors are a nuisance with Bad competitors being a pain to every decent competitor. According to marketing guru Theodore Levitt: “T he new competition is not between what companies produce in their factories, but between what they add to their factory output in the form of packaging, services, advertising, customer advice, financing, delivery arrangements, warehousing, and other things that people value .” The best way to beat your competitors is to attack yourself first by working hard to make your product line obsolete before your competitors do. Companies in an effort to gain a substantial share of the market should pay keen attention to their distant competitors as well as their close competitors. This is of great significance as the most dangerous competitors are oftentimes those that resemble the company the most. Therefore, it is important that companies differentiate their product and service offerings as most markets are plagued by too many fishermen going after too few fish. The fishermen who understand the fish better than their competitors do will eventually win in the marketplace.
By Daniel Clayton - Marketing Consultant September 25, 2021
Many years ago, Michael Porter stated that “a company wins by building a relevant and sustainable competitive advantage.” With that notion in mind, it can therefore be said that having a competitive advantage is like having a gun in a knife fight. Whilst the aforementioned is true, it should be noted that most advantages in today’s hypercompetitive environment does not remain relevant and very few are sustainable. This is so as advantages are said to be temporary. What does this then means for companies who are seeking to achieve competitive advantages within their respective industries? A company does not win with a single advantage but by layering one advantage on top of another over time. Japanese companies such as Toyota Motor and Honda Motor have been masters of this. They first entered the Automotive Industry with low prices, then with better features, then with better quality and then with faster performance. This can be attributed to the fact that the Japanese have recognized that marketing is the only race which does not have a finishing line. Companies can create a competitive advantage from many sources, such as superiority in quality, speed, safety, service, design, and reliability, together with lower cost and lower price as advantages are achieved through a combination of the above-mentioned, rather than a single source. Therefore, in an effort to create and achieve sustainable competitive advantages, companies should seek to incorporate a set of characteristics that all reinforce each other around a basic idea.  By characteristics, we mean unique practices that will enable companies to charge the lowest prices in their respective industries. It should however be noted that any company that decides to focus on only a few as opposed to all the sources will not succeed in gaining a competitive advantage. This is so as competitive advantage is said to be relative and not absolute.
By Daniel Clayton - Marketing Consultant July 18, 2021
 Many companies, in marketing their products and services tend to downplay the importance of Public Relations. This is based on the premise that they lack a basic understanding of what Public Relations is and the true impact it creates. Creating a new brand through Public Relations takes much more time and creativity; however it ultimately will do a better job than other elements of the Promotional Mix for which most companies tend to place much more emphasis on. Regardless of the industry, trust plays a significant role when it comes to determining the success of a company. Without trust, a company runs the risk of leaving potential sales on the table. Therefore, in order to prevent the aforementioned from occurring, it is important that companies invest in Public Relations as it increases Brand Credibility. By practicing proper Public Relations, it is highly likely that new potential customers will resonate with the brand as they will possess more options to connect with the company through the stories and press releases on behalf of the company. This therefore shows that Public Relations is not complete without marketing as it increases the company`s profits and sales. Most importantly, Public Relations enhance the online presence of companies. The fact that everyone is connected digitally in today`s world, companies are provided with the opportunity to create a strong presence online that is highly visible to their target audiences. With the use of social media increasing, customers are able to say whatever they want about a company which can in turn tarnish the reputation of the company. Public Relations is therefore important as it helps to market the company online whilst helping to shape and maintain its corporate image by intervening whenever a disaster occurs or something threatens to damage the image the company has been building.
By Daniel Clayton - Marketing Consultant July 11, 2021
 If you should ask any Entrepreneur, what is their main priority? They will tell you it is to make profits and satisfy customers. However in order to make profits, it is important to note that customers must first be satisfied. In satisfying customers though, Entrepreneurs often times face a major challenge; that of attaching a Price to their products and services. Price is said to be a fundamental component of the marketing mix for which Entrepreneurs should place significant emphasis on as most customers make purchase decisions based on the price of a particular product relative to that of competitor’s offerings. With that knowledge, Entrepreneurs tend to struggle with attaching a price to their products and services as charging too little ensures that the Entrepreneur wins the sale but makes little profit. On the other hand, charging too much will result in the loss of the sale and the customer. Therefore, the standard approach that Entrepreneurs should take in setting their price is to determine the cost of producing the good or service and add a markup. By doing this, the Entrepreneur will not only determine the true value of the product, but they will also be able to determine whether they should be making the product in the first place.
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