The Message must be right for the medium – and vice versa. Continue to full article
Tag: Creative Industries Development Service
Identify the Important Few from the Trivial Many. The ’95:5 Rule’
Creative Times. January 2007 The Pareto Principle, also known as the “80:20 Rule”, states that 80% of results flow from 20% of causes. In practice it’s more like the “95:5” rule. For example, 95% of business may come from just 5% of customers. Read more about the 95:5 Rule
Marketing Warfare – Focusing on Competitors as well as Customers Whilst conventional marketing theory states that businesses should be customer-focused, the concept of Marketing Warfare argues that businesses should be competitor-focused. Since the marketplace is dynamic, the actions and reactions of competitors must be taken into account, as well as the needs of customers, when …
Creative Times – creating Interprises
Successful collaborations between creative enterprises – ‘Interprises’ – are formed when there is an alignment of several factors between the businesses involved in the Interprise. Read more about Creating Interprises.