When you’ve been
working closely for 14 years with those who produce and purchase components
used to implement projects, you learn something every day.
For example, you
learn that accuracy, attention to technological innovation, and an obsessively
meticulous approach to the production processes are not an option. If you want
to be involved in the mechanical/electronic sector for the long haul, these are
the basic requirements.
If
you’ve been in the market for a few years, you will definitely be familiar with
these dynamics, also because you either learn them or change job.
However,
there are other dynamics in play that you should be aware of. They don’t have
any direct connection to the product and up to a few years ago, you could
achieve great results without taking them into account. But nowadays, things
have changed and the market doesn’t accept any excuses!
What are the new rules that you need
to know?
If you work in
your company’s marketing department, you have a demanding job, which involves
identifying and implementing the best solutions for generating new customers.
Given the speed
at which the world is moving nowadays, we can’t afford to repeat the actions of
the past. It just can’t happen. Actions that “worked” even just five years ago
may turn out to be completely ineffective. This means a loss of time,
customers, and money for the company.
Do you want to fail? Here’s what you
need to do
I have identified
a few situations where «old-style» marketing, involving trade fairs
and paper catalogs, will guarantee failure. In practical terms, relying in the
situations I’m about to present to you on all those tools that worked
brilliantly in the past would lead to failure.
This happens when
you need to deal with a new public and obtain (sales) feedback within a limited
space of time.
These
are situations where you have to:
- open up a new market (in terms of geography or goods)
- start from scratch (relating to new conditions often derived as a spin-off from an existing situation, but which are actually new on the market)
- launch new products (new lines aimed at a different target than your usual target)
In
these situations, «old-style» marketing will inevitably fail as there
is too much work to do in a reduced amount of time and in an ever-increasingly
competitive and demanding market. Being too slow is not an excuse; it costs
money!
Solution: reaching your target NOW
What you need to
do in these cases is contact a selected target directly. It’s only by
presenting your offering to whoever is potentially interested in it that you’ll
have the chance of success.
In this respect,
using a 3D cataloging system is objectively an ideal solution because, in this
instance, it meets all the requirements of current customers:
- speed – they need your 3D model now to insert it in my CAD project
- accessibility – time zones and language no longer present a barrier because you can make yourself available 24/7 in 25 languages
- information – everything they’re looking for is just a click away, available in the most convenient CAD format for them
Just
imagine… your ideal customer can reach you with the minimum of effort via a
channel that makes your products accessible in every corner of the globe, 24/7,
while transcending any linguistic barriers.
If you work in marketing, the buck
stops with you
This
is your job. This task has been assigned to you. You need to apply all the
strategies to achieve the objective. How do you make the right choice that will
guarantee you results in a short time? The 3D cataloging system that TraceParts operates is definitely the best way
to go. The reason I’m mentioning it to you is because, having worked with it
for more than 10 years, I am very familiar with the market and platform, and my
opinion is based on the real success
stories that I see on a daily basis.
Without
making you waste any more of your time, I think that it would be useful to
focus your attention on some benefits that are often little known about or
undervalued.
Using
a 3D cataloging system as a marketing tool means:
Immediate feedback
The
life cycle of this kind of activity is much shorter. It means that the chance
of seeing results is just a click away. Once online, the catalog starts working
for the company, generating contacts and sales from day one. It becomes your
tireless sales agent, a workhorse operating 24/7 (even on Sundays), and communicating
in 25 languages.
Availability of metrics
Unlike
any other marketing activity, we’re dealing in this case with a completely
measurable solution. This offers customers the chance to make the right
choices, thereby continuously improving their work. In fact, if I understand
what my customers’ preferences are and how they behave, the possibility of me
adapting to their requirements becomes a mathematical choice and not just an
assumption.
Access
with lower budgets compared to traditional marketing tools
It
isn’t difficult to add up the costs of a booth at a trade show, the travel
expenses incurred, the costs for producing the layout for, printing,
dispatching, and storing a paper catalog. These are activities that are not
accessible to someone who has a restricted budget for marketing activities.
An
investment rather than an expense
Many
marketing activities are regarded as an expense. In fact, this is the case when
I think about printing a paper catalog, having a booth at a trade show, and all
the related costs (travel, meals, accommodation, time taken away from the
normal everyday job). In this instance, the entire budget is allocated to an
activity that is thought to generate new customers without causing any waste or
crazy costs.
The results are in the hands of the marketing department. It is vital to make the right choice for this. So, what did you decide to do?
Are you still not sure? Get in touch by sending an email to me at gplodi@traceparts.it to find out how I’ll be able to help you.