Zicam began with only two highly motivated entrepreneurs who brought the venture from a raw idea to an actual product to being folded into an ongoing organization. At the time of this writing, the original product is in national distribution, and the company has launched six additional products (five in just the last year). All of this was done with a very small staff. At this point the company employs only fourteen people. New people are being brought on board as the company grows. The goal is to keep the company lean and to add staff only where absolutely necessary.
Marketing Strategic Planning Related
- The Lessons to Be Learned from Zicam
- A Firm Commitment to Growth
- Protection from Competition
- Adding Market Research to Manage and Expand the Brand
- As Many Off-Shelf Displays as Possible
- Sales Promotion Used for Targeted Opportunities
- The Advertising Message Was Aimed Directly at the Consumer
- Maintaining Awareness with Advertising
- Creating an Effective Sales and Distribution Strategy
- Sending a Message with Pricing
- Creating Packaging That Communicated the Benefit
- The Creation of Appropriate Product and Brand Names
- Expanding the Product Line
- Formalizing the Marketing Plan Elements
- Proving that Zicam Really Works
- Funding the Venture for Growth
- From Idea to Financially Viable Business Venture
- The Birth of a Winning Idea to Reduce Cold Systems
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Tags
- Accelerating the Buying Process
- Anatomy of a Buying Decision
- Benefits Must Be Perceived by Customers
- Consumer and Retailer Convenience is Critical
- Effectiveness Leads to Repeat Purchases
- Elevating the Buying Process
- How Customers Perceive Value and Risk
- How to Qualify Customer Problems
- How to Quantify PIP Solutions
- How to Sell the Customer's Return
- Positioning and Partnering to Propose High-Margin Value Propositions
- Preemptive Ventures Are Often Winners
- Reverse-Engineering the Buying Process
- Sample Marketing Plans
- Successful Marketing Plans Eliminate the Negatives
- Successful Marketing Plans Often Solve Consumer Problems
- The Cause and Effect of Business Value
- The Sales Process-Redefined
- The Value of Customer Relationships
- What Customers Really Want
- What Customers Think About