The IEEE Boston Entrepreneur’s NetworkCo-Op Funds Vendor Integration Administration Integration...
Transcript of The IEEE Boston Entrepreneur’s NetworkCo-Op Funds Vendor Integration Administration Integration...
Marketing Growing PainsMarketing Growing Pains
The IEEE Boston Entrepreneur’s Network
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
Marketing Equals Moneyg q yGrowing an Organization
THE BAD NEWS………………………………………
……………It’s Never Easy
…………………..Always New Issues
.………………………They Never GO AWAY
…………………You Will Never Have It FIGURED OUT!!
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
Marketing Equals Moneyg q yGrowing an Organization
THE GOOD NEWS………………………………………
……………You’re No Different Than Every Other EntrepreneurEntrepreneur
…………………..We Have ALL Been Through IT!
………………………We May Not Have All Of The Answers But We Have A WAY Of Solving Problems!!But We Have A WAY Of Solving Problems!!
…………………Rest Assured-Everything Can Be FIGURED OUT!!
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
Marketing Equals Moneyg q yGrowing an Organization
SUBJECT:RECENT LEARNING EXPERIENCE….TYPICAL BUMP IN THE ROAD
WHO WE ARE
THE MARKETING PROBLEMTHE MARKETING PROBLEM
THE MARKETING SOLUTION
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
Direxxis OverviewWho We Are
DIREXXIS is a direct marketing services and technology provider.Founded in 2003 by industry leadersFounded in 2003 by industry leaders.Headquartered in Needham, Massachusetts.
DIREXXIS dmEDGETM Marketing PortalDIREXXIS Marketing Data and DatabasesDIREXXIS Marketing Analyticsg yDIREXXIS Creative and Graphic DesignDIREXXIS List Management DIREXXIS Printing and Production
O GOur dmEDGE marketing solution is complete, integrated, and innovative.Full line of marketing services that extend our offerings to specifically meet our customers’ needs.
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
Direxxis OverviewThe Marketing Problem
SITUATION: 2.5 years into the business, DIREXXIS was faced with a marketing issue that was impacting business development and needed to be addressedissue that was impacting business development and needed to be addressed immediately.
AUDIENCE: Typically we are selling to group of decision makers: Marketing/Information Technology/Finance.g gy
We were marketing our dmEDGE marketing solution based on our “Great Idea”-technological functionality within the solution.
PROBLEM: We were confusing our potential clients during the sales process with too much functionality and no perceived “fit” for their business. No one understood what the technology meant for the business which also meant they could not sell the solution internally for funding and acceptance.
SOLUTION: We transformed our message to a high level summary of benefits and ROI Statements.
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
dmEDGE Overview
dmEDGETM D i s t r i b u t e d M a r k e t i n g S o l u t i o n
dmEDGE Solution Modules-THE MARKETING PROBLEM
dmEDGE Marketing Portal Modules
Ad BuilderModule
DataBuilderM d l
Comm.BuilderM d l
ReportBuilderM d l
AccountingModule
Integration& Security
M d l
CoreApplication Module Module Module Module Module ModuleApplication
ApplicationServer
(front end)
Ad Creation/Customization List Upload Data
DeliveryUsage
ReportsCorporate
BillingSingle
Sign-On(front end)
DatabaseServer
(back end)
Ad Output/Download
ProspectData
(live counts)
Bulk OrderDelivery
ProfileReports
Credit CardProcessing
CRMIntegration
Ad Data Email Custom Account BusinessTechnology
UserInterface
Ad ElectronicFulfillment
Client Data(live counts)
Direct MailCommunication
Delivery
MatchbackReports
Co-OpFunds
VendorIntegration
AdAdministration Integration
ToolsCommunication
Delivery
CustomReports Balances/
LimitsRules/
Permissions
TechnologyManagement
dmEDGE Administration
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
dmEDGE Overview d EDGE Di t ib t d M k ti S l ti THE MARKETING
dmEDGETM D i s t r i b u t e d M a r k e t i n g S o l u t i o n
dmEDGE Distributed Marketing Solution-THE MARKETING SOLUTION
dmEDGE is a comprehensive marketing solution designedmarketing solution designed to support organizations with decentralized sales and marketing needsg
User friendly system designed for non-technical users
Hosted web based solutionHosted web based solution required no client IT maintenance or support
Turn key solution providesTurn key solution provides complete end-to-end programs
Designed to be extremely flexible and configurable g
Rapid implementation plan
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
dmEDGE Solution OverviewC ti L i M k ti M d l THE MARKETINGContinuous Learning Marketing Model-THE MARKETING SOLUTION
Continuous Learning Cycle:DESIGNProgram
EXECUTEBUILD
Data and information flow allow roll out of successful marketing
EXECUTEProgram
BUILDUniverse
dmEDGE
programs
Continuous learning model d i d t hContinuous
LearningMarketing
designed to enhance programs as they mature
Increased program complexityDecreased level of effort
DELIVER
CAPTUREData
ANALYZEProgram
Decreased level of effort
Results driven platformDELIVER
Leads
IEEE: “Marketing Equals Money” dmEDGETM Distributed Marketing Solutions
DIREXXIS MARKETING PROBLEMHow we solved the problem
Listening!!!.......Listening!!.........Listening!!
Prospect reactions/feedbackProspect reactions/feedbackCustomer surveysIndustry experts-Analysts
Lesson: Stick to the Business Model and listen to the market! Remember: The technology is not the solution-it solves the
business problem!