Sunday, August 14, 2011

No Man Is An Island

It was the 16th Century English poet, satirist, lawyer, and priest John Donne, that's him on the right, who coined the phrase that "no man is an island".

This applies to all of us in business, there are certain things that we cannot always do ourselves. We might have been able to do our own books and tax returns in the early days, but to ensure that we maximise the time spent generating income and mitigate our taxes we start to use a bookkeeper &/or accountant.


And it's the same when it comes to marketing your business. In the early days it can be quite simple and relatively straightforward to reach your customers, however, as your business begins to grow and develop choosing the right channels to sell to your customers is a crucial decision. You need to know how and where customers want to buy your products or services, and the best way of getting customers to hear about them.
The more channels you use, the more customers you can reach. But each channel adds costs. If you add a new channel only to find it attracts sales away from an existing channel without bringing significant extra sales, you'll be increasing your costs for little or no benefit. This is where a marketing professional can help you.

Consider the the boardroom of any large plc, they'll invariably have a Chairman/MD - that's you; a Finance Director - your accountant; an HR Director &/or Company Secretary - your lawyer and a Marketing Director - in your case probably you again. Whether it's an ear to bend, a one day review of your existing activities or a full strategic marketing plan a seasoned and qualified marketing professional can help you to punch above your weight and behave like the big boys.

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