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Logistics & Supply Chain Management ( PDFDrive )

without trying to sell
, do a little market research amongst two or three 
prospects in that sector.
By showing that you are a specialist supplier, you’ll stand out from 
all your other ‘me too’ competitors. This must be a significant competitive 
advantage. We know of an insurance broker who was just your average 
broker until he started to focus on selling insurance to dentists. Within 
two years, he was the UK’s leading broker to the dental profession.
To summarise, the advantages of targeted marketing are:
➢ Your attention is focused on one specific market area, which is 
likely to result in your marketing campaigns being far more cost- 
and time-efficient.
➢ You appear to be a specialist in the prospective customer›s own 
field, and you can increasingly build up a reputation as being just 
that.
➢ Your promotion material is highly relevant to their needs, and is 
less likely to be junked


Notes
67
➢ By differentiating yourself from your competitors, prospective 
customers are less likely to focus on price as the key issue, thus 
enhancing your profit margins
When is targeted marketing useful?
Here’s a detailed description of how to carry out a low-cost targeted 
marketing campaign, using telephone selling and direct mail. The end 
result is to get sales appointments to gain new customers.
When can this targeted marketing approach be used?
This particular approach works when:
➢ You are selling into one market sector or into a wide number of 
sectors (a ‘market sector’ is best defined here as a particular industry 
or type of business).
➢ You are selling to businesses (B2B) rather than to retail consumers.
➢ You are prepared to experiment a little, trying different approaches.
➢ You don’t mind using the telephone (or have got a volunteer to 
phone for you!) and you have got some way of sending out 20 - 
50 letters per week (say, a simple mailmerge program on a word 
processor).
➢ You need new customers!

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