article thumbnail

Intuition vs. data-driven decision making in business today

Insightly

“Half the money I spend on advertising is wasted, and the trouble is I don’t know which half.” – Unilever founder Lord William Leverhulme. This famous quote accurately described the plague of marketers for decades. Then, marketing changed. The impact on the marketing profession cannot be overstated.

article thumbnail

Marketing is Bigger (MUCH Bigger) Than Advertising

Strategic Communications

Most people think “advertising” when they hear the word marketing. That’s understandable because much of what we see/hear as consumers involves traditional advertising activities—newspaper ads, television commercials, billboards, etc. Marketing is an Organization-wide Undertaking. It isn’t sales.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Be more strategic: Top-down or bottom-up, marketing and sales integration and property marketing

Red Star Kim

The workshop covered strategic thinking, business strategy and marketing and business development (MBD) strategy. From the animated discussions I selected a few topics of focus – Be more strategic: Top-down or bottom-up, marketing and sales integration and property marketing. Top-down or Bottom-Up Strategy?

Marketing 130
article thumbnail

What’s the Purpose of Advertising: To Entertain or to Sell?

Strategic Communications

But, did they work from an advertising standpoint? He indicated that he felt the company was taking the wrong approach with the ads, and, according to a CNBC article , fired the company’s head of marketing, Nick Utton, along with some other senior execs, and also parted ways with the agency that had created the ads. Hard to say.

article thumbnail

The Top Marketing Trends for 2023: AI Captures the Most Mindshare, but Marketers Have More on Their Plates

Strategic Communications

When it comes to trend spotting in the marketing space, there’s a bright, shiny thing in the room: artificial intelligence. AI is clearly top of mind for marketers. When it comes to AI, the generative variety (like ChatGPT) is by far the leading trend impacting marketing.

article thumbnail

B2B Marketing is Different — Here’s How

Strategic Communications

The business market is different. ” This distinction can represent challenges to companies not familiar with—or aware of—the distinctions between B2C (business to consumer) and B2B (business to business) advertising. .” While some consumers are also small business owners, it can be challenging to ferret out those segments.

B2B 52
article thumbnail

Why do businesses need marketing funnels?

Apptivo

What is marketing funnel 4. How to create a marketing funnel 5. Why do businesses need marketing funnel 6. Footnotes You’ve probably heard a lot of people refer to the sales funnel or the marketing funnel. Incidentally since many, if not most, do not make the purchase, the representation takes the shape of a Funnel.