+ All Categories
Home > Business > Lean Marketing at ASQ Columbus

Lean Marketing at ASQ Columbus

Date post: 29-Nov-2014
Category:
Upload: business901
View: 1,024 times
Download: 0 times
Share this document with a friend
Description:
A presentation at the ASQ Columbus Spring Conference on Lean Sales and Marketing Principles.
Popular Tags:
50
Transcript
Page 1: Lean Marketing at ASQ Columbus
Page 2: Lean Marketing at ASQ Columbus
Page 3: Lean Marketing at ASQ Columbus

The Purpose of Marketing

• Increase Prospects

• Increase # of Clients

• Increase $ per Client

• Create Better Odds

• Decrease $ obtaining Customers

Page 4: Lean Marketing at ASQ Columbus

4 P’s of Marketing

Product Price

Promotion Place

Target Market

Page 5: Lean Marketing at ASQ Columbus

4 P’s of Marketing

PriceTarge

t Mark

et Material

Labor

Expenses

Page 6: Lean Marketing at ASQ Columbus

4 P’s of Marketing

Product/Service

Target Market

Basic

Intermediate

Advanced

Page 7: Lean Marketing at ASQ Columbus

4 P’s of Marketing

Promotion

Target

Market

Internet

PR

AdsReferral

Page 8: Lean Marketing at ASQ Columbus

4 P’s of Marketing

Place

Target

Market

Page 9: Lean Marketing at ASQ Columbus

4 Ps

• Product• Promotion• Price• Place

3Cs & V

• Collaboration

• Content• Value• Community

Innovate

Page 10: Lean Marketing at ASQ Columbus
Page 11: Lean Marketing at ASQ Columbus

Porter’s Value Chain

Page 12: Lean Marketing at ASQ Columbus

Value Chain based on

Supply DrivenEconomy

Page 13: Lean Marketing at ASQ Columbus

DemandDriven

Page 14: Lean Marketing at ASQ Columbus
Page 15: Lean Marketing at ASQ Columbus

5 P’s of Marketing

Precise

Page 16: Lean Marketing at ASQ Columbus

Marketing needs a Process

Continuous improvement is a necessity

Metrics are required to judge

the rate and degree of improvement

Page 17: Lean Marketing at ASQ Columbus

Fundamental Lean Thinking

Profound Knowledge is made up of 4 interrelated components

• Appreciation of a system

• Theory of knowledge

• The psychology of change

• Knowledge about variation

Page 18: Lean Marketing at ASQ Columbus

Kaizen & Learning

Joint Improvement

Information Sharing

Compatible Capabilities

Control Systems

Interlocking Structures

Mutual Understanding

Page 19: Lean Marketing at ASQ Columbus

Mutual UnderstandingTrust Respect Mutual

Prosperity Gench Genbutsu

Interlocking StructuresAlliance Interdependence Parallel Sourcing

Control SystemsMeasurements Feedback Target Pricing Cost Mgrnt

Compatible CapabilitiesEng. Excellence Oper. Excellence Problem Solving

Information SharingAccurate Data Collect Common Language Timely Communications

Joint ImprovementVA/VE Supplier Develop. Study Groups

Kaizen & LearningShared Lessons PDCA Cost Reduction

Page 20: Lean Marketing at ASQ Columbus

Kaizen & Learning

Joint Improvement

Information Sharing

Compatible Capabilities

Control Systems

Interlocking Structures

Mutual Understanding

PDCA

PDCA

PDCA

PDCA

PDCA

PDCA

PDCA

Page 21: Lean Marketing at ASQ Columbus
Page 22: Lean Marketing at ASQ Columbus
Page 23: Lean Marketing at ASQ Columbus

Lean Thinking

• Identify Value

• Map Value Stream

• Create Flow

• Establish Pull

• Seek Perfection

Page 24: Lean Marketing at ASQ Columbus

Input versus Output

Value is the relationship between the quality of the product or service and the

price the customers pays to obtain it.

Customer Value

Page 25: Lean Marketing at ASQ Columbus

Is your

Value Proposition Superior?

• Operational (Walmart)

• Product (Apple)

• Relational (Nordstrom – M &

P)

Customer Value

Page 26: Lean Marketing at ASQ Columbus

Map Value Stream

Current State Metrics Value

Add/NonFuture State Kaizen

Identify Value Acquisition Retention Monitor

5 Cs of Driving Market Share

Page 27: Lean Marketing at ASQ Columbus

Map Value Stream

5 Cs of Driving Market Share

Identify

Segments

Relations

Opportunity

Value

Define Value

Define Quality

Acquire

Value Gaps

Performance Gaps

Retain

Loyalty

Defection

Monitor

Measures

Outline

Page 28: Lean Marketing at ASQ Columbus

Map Value Stream Identify Value Acquisition Retention Monitor

5 Cs of Driving Market Share

Identify Value Acquisition Retention Monitor

Identify Value Acquisition Retention Monitor

Identify Value Acquisition Retention Monitor

Identify Value Acquisition Retention Monitor

Identify Value Acquisition Retention Monitor

Page 29: Lean Marketing at ASQ Columbus

CTQ’s of Customer

Quality Improvements

Page 30: Lean Marketing at ASQ Columbus

Create Flow

Page 31: Lean Marketing at ASQ Columbus

Linear planning increases risk for inappropriate course of action.

Page 32: Lean Marketing at ASQ Columbus

• Knowledge is limited at beginning

• Key information not known

• Feedback to justify hypotheses

• Customers changes mind

• Each Cycle Closer to the Goal

PDCA = Knowledge Creation

Page 33: Lean Marketing at ASQ Columbus

Implemented in spirals of increasing knowledge of the customer’s situation

Page 34: Lean Marketing at ASQ Columbus
Page 35: Lean Marketing at ASQ Columbus

• Observe a situation

• Orient themselves

• Decide what to do

• Act

A vivid example of an iterative loop to guide action under uncertainty.

Boyd’s OODA Loop

Page 36: Lean Marketing at ASQ Columbus

• Customer’s Decision Making Path

• Reaction to support that

• Identify Resources needed

• Identify People needed to deliver

PDCA = Flow to Pull

Page 37: Lean Marketing at ASQ Columbus

Our Steps

Plan Offer Order Loyalty

Cust. Steps Identify Evaluate Purchas

eAdvocat

e

Sales Territory Deliver Close In Touch

Mrktg Budget Mtrl. Updates Case study

Tech Segment Trial Manage Support

Mirror Customer Decision Process

Page 38: Lean Marketing at ASQ Columbus

Increase Face Time

Increase Sales

Page 39: Lean Marketing at ASQ Columbus

WIP is Wasteful

Page 40: Lean Marketing at ASQ Columbus

Google Ad

Website Visits

Auto Respond

30-day Trial

Purchase

6 Million Imprs

30K Visits

1,500 AR 150 Trial 30

clients

$.0025 $0.50 = $15K $10 $100 $500

Looking at Flow

• Increase Prospects or # of

Clients

• Increase $ per Client

• Decrease $ obtaining

Customers

Page 41: Lean Marketing at ASQ Columbus

Create Pull

• Access

• Attract

• Achieve

Page 42: Lean Marketing at ASQ Columbus

Create Pull

Access • Not about “Stocks of Knowledge” versus

“Flow of Knowledge.”

Attract• Being part of customer conversations.

Achieve • Supported by a broad collection of people

and resources which you can pull from.

Page 43: Lean Marketing at ASQ Columbus
Page 44: Lean Marketing at ASQ Columbus

Seek Perfection

Page 45: Lean Marketing at ASQ Columbus
Page 46: Lean Marketing at ASQ Columbus

What is an A3?• A3-sized sheet of paper

• Document on 1 page, results from the PDCA cycle.

• 4 Types of A3s • Problem Solving• Proposal• Status• Informational

Page 47: Lean Marketing at ASQ Columbus

Think of an A3 as a mini-PDCATeam: Date:

Title/Theme:

 Background/Definition:   Current Conditions:  

Target: 

Determine Cause/Analysis: 

 

Countermeasures:     Implementation:       

Follow-up:

Plan

Do

CheckAct

Page 48: Lean Marketing at ASQ Columbus

• Develop a continuous improvement culture

• Provides a process linkage for Customer Focused activities.

• Forces us to go to Gemba to solve problems

• Provides historic records of decision making throughout the process

• Develops a Knowledge Capturing mechanism supported by data

Why A3 in Marketing?

Page 49: Lean Marketing at ASQ Columbus
Page 50: Lean Marketing at ASQ Columbus

Visit the Business901 Website • Over 80 Free eBooks• Regular Blog Posts• Podcast with Celebrated Authors, Industry

Practitioners and Leading Thought Leaders

Our Mission is to bring

Continuous Improvement

to Sales and Marketing.


Recommended