Providing Better Service through Innovation and Partnerships
+ Building Partnerships for Better Marketing Success.
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Transcript of + Building Partnerships for Better Marketing Success.
+
Building Partnerships for Better Marketing Success
+Southern Georgian Bay Chamber of Commerce
Networking Opportunities
Advertising
Building Awareness
Business Development & Education
Discounts
B2B Sales
Why are you a member?
+
Business Partnerships?
Alliance Marketing & Marketing Co-operations?
Product Bundling Opportunities?
What about:
+Business Partnerships
Product and service trading, bartering
Lead generation & referral agreements
Shared advertising
Shared business knowledge & mentor systems
Alliance marketing, marketing Co-operations & product bundling
An arrangement where entities and/or individuals agree to cooperate to advance their interests.
+Alliance Marketing & Marketing Co-operations Marketing activities undertaken by more
than one entity, jointly to promote and sell a concept, product or service which benefits all stakeholders.
The objective being to tap the full potential of a market by bundling specific competences or resources.
Other terms for this are, marketing partnerships, co-marketing and cross marketing.
Example: Travel Packages (Flight & Hotel)
+
Product BundlingOffering several products for sale as one combined product, a ‘packaged deal’ or ‘product compilation’.
This helps average costs, consumer demand and the value perception.
Consumers appreciate the resulting simplification of the purchase decision.
The products or services comprising the bundle can come from different producers or service providers.
+
Product Bundling Pure Bundling
Occurs when a consumer can only purchase the entire bundle or nothing.
Mixed Bundling
Occurs when consumers are offered a choice between purchasing the entire bundle or one of the separate pieces.
+Allia
nce
Marke
ting &
Pro
duct B
undlin
g E
xam
ple
s
Travel packages (Flight & hotel)
Summerlicious & Winterlicous restaurant events
Communications packages (Internet, tv, cell phone and home phone)
Passport to Prana (Toronto Yoga Studios)
+Bra
insto
rmin
g
Pet Grooming Service
&
Pet Store
+Bra
insto
rmin
g
Clothing Store
&
Salon
+Bra
insto
rmin
g
Maid Service
&
Lawn Cutting Service
+Bra
insto
rmin
g
Dentist
&
Optometrist
+Bra
insto
rmin
g
All Midland Gyms & Fitness Centers
+Bra
insto
rmin
g
Insurance Companies
&
Security System Providers
+Start forming your marketing partnerships today.