Notes taken during lecture:
Marketing roles
- Identify what customer needs to develop new products
- Develop pricing strategies
- Promote products to a target market
- Identify distribution networks
- Add value to your product through customer benefits
- Monitor the performances of the products
An example - Amazon book club
- To offer quality products and services using the best technology available and at a reasonable price.
- Customer satisfaction, and operational frugality
- To help people find exactly what there looking for
Value proposition tips:
- Make it short
- Be specific
- Use your customers language
- Pass the 'gut feeling test'
Past:
- Skills
- Personality
- Ambitions
-Key interests
- Value
- Awards
- Competitions
-n Testimonials
- Press articles
- Exhibitions
Future:
- Marketing plan
- Key objectives
- Opportunities
- Collaborations
- Resources
Networking events:
- Crafts fairs
- Art markets
- Trade show
Social networking is useless - Seth Godwin
Useless and fake, you can't count on a cocktail of people from facebook. It just isn't real.
Negotiate and close the deal:
Two types of customers - Consumers and Business to business
Product - Service you offer
Price - Pricing strategy, rate, fee, royalty
Place - Best location to sell, sales environment
Promotion - Marketing methods, branding, value proposition
Quiz on VLE after every lecture
A lesson from Barnham and Bailey
"Without promotion something terrible happens...nothing!" PT. Barnum
Promoted his circus through many methods
- Free events
- Visiting hospitals
- Parading streets
Let customers know who you are, Success = Great product, great promotion
TIPS
-Sell something unique - find a point of differentiation
- Promote , promote, promote!
- Showcase yourself
....
In conclusion
I found the lecture really quite insightful, I have always been so clue less about the business side to graphic design and how on earth you even start anything! But after having the lecture, and having it broke down into simple step and tips, I found it a lot easier to get my head around. At first I did find it tedious, but once I left, the worry of never knowing anything about business, went. I know these lectures will really help me out. By completing any given tasks and doing a little research myself I will gain a much stronger understanding about graphic design in the outside world. I feel capable now!


