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View Full Version : The role of marketing?


ldcdc
11-14-2002, 08:43 PM
Hi.

I have a few questions for you (if you are in the hosting business):

1.Does marketing play a role in your business? What role?

2.Is marketing important for you business?

3.Do you have a marketing plan?

4.Do you have a planned advertising budget?

The most important question however, is this one:

4. Which is(are) the goal(s) that you're trying to achieve through your marketing endeavours?

I am especially interested in >2500 clients hosting businesses, but any comment would be greatly appreciated.

AtlantaWebhost.com
11-15-2002, 01:10 AM
Hello,

Indeed marketing is extremely important for any business, but there are several forms of marketing. Just remember that the main idea is get people to recognize you and to decide to do business with you.

I think the web hosting industry is what economists would call monopolistic competition, in which product differentiation is very important (it might be argued that web hosting is actually perfect competition). To differentiate a product means to make at least marginally different from similar products from competing firms.

To answer your bullet points:

1 and 2. Yes, marketing plays a role and is important to building a customer base.

3. Getting word-of-mouth advertising from our existing customers is the strategy.

4. Not spending money on advertising at the moment. Word-of-mouth is bought with decent service and being willing to help the customer.

I certainly hope you succeed in your endeavors. One small word of advice I got a long time ago is not to try to grow too fast. As with everything build up steadily and create a strong foundation for yourself. It never hurts to do a little experimenting and then step back to see the result.

Best regards,
Frank Rietta