Maximize Marketing Efficiency

Having a Website is critical for the well being of an enterprise in today’s economy. A businesses without a website is like sitting on a goldmine without the proper mining equipment. There is no opportunity to take advantage of the worldwide web to market your services, capture web visits, and maximize your marketing strategy. With a website you can increase market share and increase revenue from existing customers.

Millennium can design a website for your organization to implement your online marketing strategy, consistent with your strategic marketing plan. Your website shows your specific products services, new lines and of business. The market analysis section of your plan illustrates your organizations’ knowledge about the particular industry within which it operates, as well as general highlights and conclusions of any marketing research data collected. The specific details of our marketing research studies will be included along with your business plan as an exhibit to prospective investors.

Crucial to the success of your business, and the ability to showcase your business the website sets you apart from competitors and exhibits your company’s expertise, management, resources, and establishes a market presence.

Resources for listing your website

Resources to display and list your website include web directories, community associations, trade association publications, and government agencies, social networks like Google, Twitter, Youtube, Facebook, Delicious, and many more. The Media you will use to reach your target audience may also include radio or television broadcasts, or any other type of credible source that may have influence with your target market that directs prospects to your website. Your website is an important aspect of your overall marketing plan that includes the following components:

MARKETING PLAN COMPONENTS

Market Tests

When including information about any of the market tests completed for your marketing plan, be sure to focus only on the results of these tests. Any specific details should be included in the appendix. Market test results might include: the potential customers who were contacted, any information or demonstrations that were given to prospective customers, how important it is to satisfy the target market’s needs, and the target market’s desire to purchase your business’ products or services at varying prices.

Lead Times

Lead time is the amount of time between when a customer places an order and when the product or service is actually delivered. When you are researching this information, determine what your lead time will be for the initial order, reorders, and volume purchases.

Competitive Analysis

When conducting a competitive analysis, we identify your competition by product line or service as well as by market segment; assess their strengths and weaknesses, determine how important your target market is to your competitors, and identify any barriers which may hinder you as you are entering the market. We identify all of your key competitors for each of your products or services. For each key competitor, we determine what their market share is, then try to estimate how long it will take before new competitors will enter into the marketplace. In other words, your window of opportunity.

Research

Millennium will Research and identify any indirect or secondary competitors which may have an impact on your business’ success. When you are including information about any of the market tests you have completed for your business plan, be sure to focus only on the results of these tests. Any specific details should be included in the appendix. Market test results might include: the potential customers who were contacted, any information or demonstrations that were given to prospective customers, how important it is to satisfy the target market’s needs, and the target market’s desire to purchase your business’ products or services at varying prices.

The strengths of your competitors are also competitive advantages which you, too, can provide. The strengths of your competitors may take many forms, but the most common include:

An ability to satisfy customer needs

A large share of the market and the consumer awareness that comes with it

A good track record and reputation

Solid financial resources for Marketing

Key personnel

Regulatory Restrictions

The final area that we research is regulatory restrictions. This includes Blue Sky laws, FTC Rulings, FDA Bulletins, and information related to current customer or governmental regulatory requirements as well as any changes that may be upcoming. Specific details we analyze include: the methods for meeting any of the requirements which will effect your business, the timing of regulations involved.

Projects for Growing your business

1. Penetrate your existing market

The first thing that comes to mind when thinking of growing your business is getting new customers. The customers you already have are your best bet for increasing your sales; it’s easier and more cost-effective to get people who are already buying from you to buy more than to find new customers and persuade them to buy from you. You already have a head start with this growth strategy as once your business is established, it has regular customers, and, like all businesses, if you’ve collected all kinds of information about them. The key to successfully increasing your sales in an existing market is to know your customers’ buying histories, both generally and individually to analyze new products for them, or additional services. Getting new customers requires specific business operations including marketing.

2. Manage Your Marketing Operations Effectively

Marketing operations are a critical element of every business, and the marketing and sales processes, resources and activities that produce and deliver revenues are just important as the goods and services you produce. Both, are mutually interdependent and vitally important to the profitability of all businesses.

3. Maximize Information Technology Effectiveness

Utilizing IT, ERP and CRM systems is key to increasing sales in an existing market, which is one of the easiest ways to grow your business. There is a wide range of opportunities for improvement of any business process or operation. Our Operations Management team can help you with planning, organizing, and managing resources to bring about the successful design, implementation and management of marketing projects, goals and objectives.

WEBSITE DESIGN

In order for us to design your website, you first choose a domain name, hosting service, and website template. All templates include flash capabilities that are top quality solutions for a quick, easy and affordable website production. You purchase the template package, we customize and upload it to your Web Host Provider. After we customize your website it is up and running within as little as several hours from the moment you choose a website template! You can rest assured that with Millennium you get a premium design service along with a huge set of absolutely essential goods and services – delivered to you instantly.

Website templates include Flash, CMS, HTML, CSS, Joomla, WordPress, Drupal, and many more.