If you have ever suffered a tooth abscess, you will recall the agony of that inescapable throb and ache. You will certainly understand why primitive medicine resorted to a brick on a string to release the pain.

An infection clamped beneath that molar with nowhere to go shakes the very foundations of your jaw and teeth. That innocent tooth, which has taken years to grow and countless tubes of toothpaste, will probably have to be removed. An infection at the core – at the nerve ending – can destroy all you have grown.

If your marketing strategy is infected with poor information, it will eventually destroy everything you proceed to develop. As any good dentist will say, prevention is better than cure. Although I believe my dentist, Malvern’s Chris Bocking, is the world’s best, I would not hesitate to agree!

Solid information provides sound roots from which a successful marketing campaign can grow. Without this, you risk infection and a costly extraction.

Decisions over potential opportunities, target market selection, market segmentation, planning and implementing marketing programmes, marketing performance, and control should all be underpinned by market research.

These decisions are complicated by interactions between the controllable marketing variables of product, pricing, promotion, and distribution. Further complications are added by uncontrollable environmental factors such as general economic conditions, technology, public policies, competitor activity, and social and cultural changes.

As if this does not provide enough headaches, we need to add to the mix the complexity of consumers. Relevant information can at least help us more reliably predict consumers’ response to marketing initiatives.

I am not arguing that marketing is a complete science. I would not be so passionate about marketing if it was. However, these are essential questions to ask before committing to any marketing campaign:

Your Customers
What are their locations, age, gender, buying behaviours and motivations?

Competitor information
Do you know their identities, marketing strategies and customer relationships?

Product information
How do your customers talk about your brand, products and service and likely impact of technology developments?

Industry information
What is the big picture? What are the future demand and supply trends and patterns?

Competitive opportunities
What are the under-served consumer segments and unmet consumer needs?

Qualitative research using depth interviews, focus groups, surveys, field tests and observations, supported by primary research yielding new, relevant and specific information will answer the above questions.

The Value of The Smile
I write this from a hotel near our Romanian office where the staff appear friendly and smiling. Last week I stayed at London’s Soho Hotel (a converted multi storey carpark!) where the staff were also exceptionally happy. It seems a rarity in hotels these days, but smile and world smiles with you.  It costs nothing and is a great marketing tool! And lest we forget, a good smile requires healthy teeth!

Matthew Rymer, Managing Director, The Marketing Farm Limited

Tags: cheltenham, gloucester, gloucestershire, london, market research, market research consultants, marketing advice, marketing agencies cheltenham, marketing consultancies, marketing consultancy, marketing consultant, marketing strategists, marketing strategy, oxford, UK

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