A practical alternative to advertising and marketing clutter on a small business budget, Marketing from the Trenches, by Rudolf Waldner, is a must-read for anyone considering launching or growing their business in this new and uncharted era of the competitive knowledge economy. Waldner, who recently visited Trinidad on a regional tour to promote his book in the Americas, said the concepts presented in the publication are relevant for any retailer –even for online businesses–and can help entrepreneurs get the most out of their investment in marketing and advertising. What is also interesting is the approach taken by the author who captures a reader's attention throughout the book by providing funny, practical and realistic examples of the concepts he wants you to absorb.
The book is clearly a teaching tool for business owners, but it also chronicles the life experiences of the author. It expresses, in a very refreshing way, how he came across the concepts he was sharing.
The book is well written and an easy read. It really helps you to think about how important it is to deal with the details of running and presenting a business that will create an experience to entice customers to return again and again. Marketing from the Trenches is a hands-on guide for running your business and the author's focus on the all-important three Ps of marketing is an eye opening experience.
It almost has you thinking: oh, that's true, why didn't I think of that myself? The book is packed with many practical examples of marketing that places you in a position to look at your business in an entirely different way; from the customer's perspective.
Thus, the opportunity for knowledge transfer, together with the practical marketing and research tools, will get you fired up into developing your own marketing and promotions strategies. Marketing will soon become a less stressful low-cost activity that brings diversity and success to your store, business presentation, even your product range. Waldner shows why traditional advertising does not work for many businesses. "If one out of 10 people even remember your ad, the industry considers it to be a success, but this does not mean that 'recall rate' will necessarily be translated into sales. "Furthermore, advertising rates keep climbing and ratings keep plummeting. Ratings are going down because the TV market is getting fragmented. Fragmentation means more stations and choices, therefore, less viewers are available per person.
Waldner outlined the three Ps for success as place: that is the atmosphere and ambiance of the business; people: choosing the right people, and motivating them to share your vision and drive for success; and finally, your business partners: suppliers and your business support system. With regard to partners, Waldner said you should strive to create and maintain relationships with other business that are mutually beneficial for all parties concerned, including the company's customers. He provided relevant examples of his strategies and explains why they work. It is intuitive, has achievable goals and is easy enough for anyone looking to grow their business to understand, expand their market share and improve their customers' experience.
