{"id":299,"date":"2017-03-09T10:00:01","date_gmt":"2017-03-09T10:00:01","guid":{"rendered":"https:\/\/bookinghawk.com\/startup-blog\/?p=299"},"modified":"2017-05-26T10:41:03","modified_gmt":"2017-05-26T10:41:03","slug":"night-7-marketing-communications","status":"publish","type":"post","link":"https:\/\/bookinghawk.com\/online-booking-system\/night-7-marketing-communications\/","title":{"rendered":"Night 7  &#8211; Marketing Communications"},"content":{"rendered":"<p><em>In 2017, I attended <a href=\"https:\/\/www.newfrontiers.ie\/about\">Phase 1<\/a> of the <a href=\"https:\/\/www.newfrontiers.ie\">New Frontiers Programme<\/a> which is run by <a href=\"https:\/\/www.enterprise-ireland.com\/en\/Start-a-Business-in-Ireland\/Supports-for-High-Potential-Start-Ups\/New-Frontiers-Entrepreneur-Development-Programme.html\">Enterprise Ireland<\/a>. The programme ran two nights a week over six weeks. There was no fee to attend. I would highly recommend this programme to anyone starting a new enterprise, whether your idea is just an idea or is a semi-developed product. What follows is a post\u00a0which gives an outline of\u00a0night 7\u00a0of the course.\u00a0When fully published, there will be 11 posts documenting all nights of Phase 1. To see a list of published posts, <a href=\"https:\/\/bookinghawk.com\/online-booking-system\/features\/enterprise-ireland-new-frontiers-programme-phase-1\/\">click here<\/a>.<\/em><\/p>\n<p>In preparation for tonight&#8217;s class which was again facilitated by <a href=\"https:\/\/ie.linkedin.com\/in\/roddyfeely\">Roddy Feely<\/a>, it was requested that we read an extract from <a href=\"https:\/\/www.amazon.com\/What-Teach-Harvard-Business-School\/dp\/0553345834\">What They Don&#8217;t Teach You At Harvard Business School<\/a>. The lesson seemed to be the importance of knowing your customer and knowing your market. As an illustration of this point, the extract had a piece whereby the head of Rolex stated that he was not in the watch business, instead, he was in the luxury business.<\/p>\n<p>This lead on to the point that a business should know why their customers bought their product, why potential customers didn&#8217;t buy their product and so on. Careful research and consideration should be placed in researching what people are willing to pay for your product\/service. For all of this, Roddy stressed that the people and passion factor is very important when it comes to making deals.<\/p>\n<p>During the talk, Roddy emphasised that once a customer has bought from you and is happy, you should allow, facilitate and encourage them to refer their friends. This hit home with me as from a survey that I carried out of users of BookingHawk.com last week, this was a requested feature.<\/p>\n<p>As an aside, the question\/discussion arose about the reasons that business that has gone through the new frontiers programme, did not succeed. The facilitators spoke about some of the most common reasons which included:<\/p>\n<ul>\n<li>Failure to carry out Market Analysis<\/li>\n<li>Failure to identify Routes To Market<\/li>\n<li>Team separation and non-alignment<\/li>\n<\/ul>\n<p>As was previously touched on, the same product\/service can be sold to different market segments with different messages. For example, Guinness market their product in Ireland differently to how they do so abroad.<\/p>\n<p>We were then requested to carry out an exercise where we had to choose a market segment for our business, choose 5 things that we needed to know about our customer to identify them as a good fit and state the best way to reach them to garner this information. 24 hours after the class, my ideas around this subject have already changed as I have just gotten off the phone to prospects that did not convert.<\/p>\n<p>After the break, Roddy addressed the challenges that may arise when a business is looking to move to markets outside of Ireland. There were some great examples included where a lack of research led to some high-profile mistakes. Overall, it was another valuable session which was well worth attending.<\/p>\n<p>At the end of the session, some questions arose about the business case and phase two application. Some notes I created from this discussion now follow:<\/p>\n<p>When creating a marketing plan, the duration of the plan execution (eg, this is my marketing plan for the next X months where &#8216;X&#8217; is the duration) should tie in with where you are aiming. So for example, if after 6 months I hope to have generated 200 customers from 600 leads, my marketing plan should reflect this.<\/p>\n<p>The business case should talk about market segments that I already have a foothold in.<\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-1-intorduction\/\">Night 1\u00a0\u2013 Introduction<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a class=\"row-title\" href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-2-idea-exploration-and-creative-thinking\/\">Night 2 \u2013 Idea Exploration and Creative Thinking<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-3-market-opportunity-problem-pain-id\/\">Night 3 &#8211; Market Opportunity Problem \/ Pain ID<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read <a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-4-market-analysis-customer-identification\/\">Night 4 \u2013 Market Analysis \/ Customer Identification<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-6-lean-business-model-canvas\/\">Night 6 &#8211; Lean Business Model Canvas<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-8-legal-issues\/\">Night 8 \u2013 Legal Issues<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/week-5-night-1-business-case-document-and-team-makeup\/\">Night 9 \u2013 Business Case Document and Team Makeup<\/a><\/strong><\/em><\/p>\n<p><em><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/night-10-financial-planning\/\">Night 10 \u2013 Financial Planning<\/a><\/strong><\/em><\/p>\n<p><strong>Read\u00a0<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/nights-11-12-presenting-the-case\/\">Nights 11 &amp; 12 \u2013 Presenting The Case<\/a><\/strong><\/p>\n<p>If you know someone that would benefit from an online bookings system,<a href=\"https:\/\/bookinghawk.com\/online-booking-system\/contact-booking-hawk\/\"> please let me know about them<\/a>. I will send you a two paragraph email for you to forward to your friend so it couldn&#8217;t\u00a0be less hassle for you to help a couple of Irish businesses to grow!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2017, I attended Phase 1 of the New Frontiers Programme which is run by Enterprise Ireland. The programme ran two nights a week over six weeks. There was no fee to attend. I would highly recommend this programme to anyone starting a new enterprise, whether your idea is just an idea or is a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[66,103,97,64,65,85,67],"class_list":["post-299","post","type-post","status-publish","format-standard","hentry","category-bookinghawk-com","tag-enterprise-ireland","tag-it-tallaght","tag-marketing","tag-new-frontiers","tag-new-frontiers-phase-1","tag-roddy-feely","tag-synergy-centre"],"_links":{"self":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/299","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/comments?post=299"}],"version-history":[{"count":11,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/299\/revisions"}],"predecessor-version":[{"id":715,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/posts\/299\/revisions\/715"}],"wp:attachment":[{"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/media?parent=299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/categories?post=299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bookinghawk.com\/online-booking-system\/wp-json\/wp\/v2\/tags?post=299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}