i7 Marketing Blog

Jan 22

Price or Value: Which One Will Compel Customers to Buy from You?

Pricing of your product or service is one of the most vital decisions you can make in your business. Yet, if your company is like many, you may decide on the price based on judgment without objectively assessing how customers value the different components of your offering. As a result, you may undervalue the products and services you sell and not capture the inherent profits you can earn.

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Jan 01

How to Globalize Your New Product

Globalization remains the world’s ray of light amid today’s economic environment of high fiscal deficits, high debt and high unemployment. As the world economy slowly emerges from one of the worst financial crises since the Great Depression, your company can sustain its growth by globalizing your products.

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Dec 30

3 Ways to Sustain a Competitive Advantage with a Focus Strategy

Michael Porter of Harvard Business School revolutionized how business leaders think about competitive strategy with his publications starting in the 1980s. This included the classic books, 

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Dec 09

10 Places to Go for Business Intelligence

Business intelligence, sometimes called market intelligence, is information that your company can use to develop new customers, increase sales and sustain a competitive advantage. This information provides your company with a view of the market. It helps you understand what is happening in the market, what customers and competitors are doing, and the likely potential for new products or services.

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Nov 13

Which Comes First, the Product or the Brand?

It’s sometimes confusing to distinguish between a product and a brand. It’s not always so cut and dry. That’s because popular products can become brands and you can use brand names to refer to products. For example is the name Xerox the product or the brand?

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Oct 28

Is Your Company Product- or Customer-Centric?

There are two ways to build a company. One way is to build your company from your products. The other way is to create and sustain customers.

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Oct 21

Expanding Your Product Line Can Weigh Down Profits

Many executives believe that expanding products and product lines can generate more sales. At least that’s what companies often do when they are stuck in a sales slump or are trying to meet financial expectations by investors on Wall Street. In some cases, sales actually increase in the short run. But in the long run, profits most likely go down.

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Oct 16

How to Enhance Buyer Adoption of Your Products

 

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Jul 19

Four Things to Know When Dealing with Customers

If you’ve been in business for a long time then you probably have more than a fair share of stories you can tell about interactions with customers, both the good and the bad.

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Jun 24

How to Maintain Great Customer Service Even When Your Staff Is on Vacation

It’s summer, and your customer service staff decided to take a vacation. How do you keep with your customers happy while short staffed? Should you ask staff not to go on vacation? Can you ask them not to go on vacation? The goal of this blog post is about providing excellent customer service, but it is also about employee satisfaction.

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