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| Contents: |
| Competitive
Intellegence: Resources on the Web, Sharon Locken, President, Locken Information. More Sales and Profits from Existing
Customers.
Cay Villars, President, Market Value Concepts.
Importance of Brand: Research
Products. Bill Kelly, President, BioInformatics.
Consolidation:
New Marketing Strategies in Research Products. An interview with Bruce Lehman,
President, Lehman Millet, Inc.
BioTactics Parners program -
how it benefits your business.
New Job Postings |
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Consolidation: New Marketing
Strategies for Thriving in Research Products, p 5. |
| an Interview with Bruce Lehman, Lehman Millet, Inc. |
 
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learly stated positioning, a consistent look
and feel to the communications materials, and a strong corporate identity are essential
elements. Often times, advertising should play a part. Finally, these marketing
initiatives have to be tied together with the specific sales objectives, sales
organization's goals and, hopefully their compensation program.Now your question was how would or should this change the way a
company markets. My impression is that most companies say this isnt a change; that
they do these things every day. I say, yes, you probably do, but in an a la carte way. And
often times, without a clear umbrella positioning. So the personality of the brand, its
identity, remains associated only with the features of products, not with the benefits of
doing business with the company, with maintaining a long term relationship with the
company.
What are the gaps as you see them in most communications
efforts?
f
you ask a customer about a company, chances are their response is based on their most
current contact with that company. And if you push them to think further on their series
of contacts with that company, the impression that emerges is very fragmented. The look,
the feel, the underlying message, how people answer the phone, whether the supplier calls
up the customer after the sale, what level of technical support the customer is given,
whether the customer is aware of the other products/services that the customer is interest
in -- all these play a part.
As I just mentioned, many companies do most of what Ive just
described. Some have made attempts to put the pieces together into a cohesive picture. But
if you take all the communications pieces from most companies and place them on a table
you would be hard pressed to tell that they all came from the same company. They are not
consistent in executing their marketing communications program.
Repetitiveness almost to the point of redundancy of the underlying
promise is necessary to build a companys distinct image. Even more important, what
that look and feel is, what the overall positioning is: that has to be right. It creates
the attitude, the personality, the image as well as the manifestation of the value
proposition of the company.
Any last thoughts?
fficiencies
and cost reduction opportunities aside, management consolidates in order to strengthen the
competitive value and position of the company. That is, in both the short and more
importantly the long term, the value that all the different companies bring to the mix,
combined with the leverage of a larger size and presence, should translate into more sales
than would be expected from just adding the sales of the individual companies.
company needs to clearly establish a
benefit-oriented statement of what it stands for and what makes it unique. This is what
makes branding, corporate branding, so important in todays consolidating
marketplace. Committing to that - and integrating it into the overall communications plan
- is the final investment the company should make for long-term success. §
Bruce Lehman is President and CEO of Lehman Millet, Inc., a leading medical
marketing communications firm with offices in Boston and London. Lehman Millet is
a BioTactics Partner.
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