The behemoths in the
business world like Facebook, Uber, Google, and so forth attribute a large part
of their success to terrific growth marketing. If your business boasts a
product that is highly in demand, it is time to make it grow. In this article,
we shall discuss two remarkable ways to optimize your business - adopting growth marketing and simplifying Enterprise Asset Management
(EAM).
Poor marketing will
get you nowhere because every lead you get will inevitably hit a dead-end even
though people love your product. Therefore, if your business has a great
product to sell, adopting growth marketing is a lucrative idea.
What is Growth Marketing?
Growth Marketing is
the process of conducting numerous experiments to optimize and improve the
results of the desired target area. If you have a specific parameter you want
to increase, growth marketing is your go-to solution.
What does a Growth Marketer do?
A growth marketer
usually follows a set of processes meticulously. These processes include
the following:
Growth marketing teams
are responsible for
- Determining the areas that need improvement across all
departments in the business
- Developing and designing experiments to solve the
identified challenges
- Conducting experiments to test hypothetical solutions
- Analyzing experiment results and doing more experiments
Growth marketers are
on the lookout for opportunities to improve and come up with effective growth
strategies ranging from SEO to email marketing to ensure a low churn
rate.
Why should you hire a Growth Marketer?
Companies with great
products often fail to capitalize by implementing poor marketing strategies. As
mentioned earlier, the most well-known and profitable companies in the world
attribute an enormous chunk of their success to growth marketing. Here is why
you should consider hiring a growth marketer -
To Acquire and Retain Customers:
This is the most
obvious reason to hire a growth marketer. Every business that is aiming for
substantial success needs to have a considerable number of customers.
To Consolidate marketing efforts:
Growth Marketing
dissolves boundaries between the marketing department from the others to be
more effective in acquiring more engaged customers.
What should you look for in a Growth Marketer?
- Creativity
Growth marketing
almost entirely depends on your ability to implement new ideas. This could mean
using new ideas altogether or implementing old ideas differently.
- Interest
in Business Optimization
Optimization takes a
lot of work. If you are looking for effective growth marketing, you ought to
find a growth marketer who is enthusiastic and invested in your business
optimization.
- Driven
by Data
While going by
intuition can be a great way to start and be innovative, your growth marketer
has to run experiments and optimize your business using reliable data.
- The
mentality of a Hacker
Your ideal growth
marketer needs to be willing to think outside the box to drum up new ways to
fetch your results. This ties in with the quality of innovation.
- Being
Logical
Your growth marketer
ought to be able to think on his feet and be logical about which areas need
improvement.
- Paying
Attention
This is a no brainer.
If you want to be effective in retaining your customers, your growth marketer
needs to be willing to pay attention to your customers to make quick
improvements and solve problems as they are brought to notice.
- Business
Maintenance
If you have a
multitude of customers under your belt, now is an excellent time to ensure
consistent and straightforward maintenance management. This is where the
Computerized Maintenance Management System, or CMMS software comes into play.
Back in the day,
maintenance data was generally recorded with a pencil and paper. As a result,
maintenance was done only when something went wrong.
However, with the
advent of CMMS software, organizations could track work orders, generate
accurate reports quickly, and instantly determine which assets required
preventive maintenance. This change led to extended asset lifespans, improved
organization, and reduced costs, and increased profits as a consequence.
Advantages of CMMS Software
- Schedule
preventative maintenance measures
CMMS software
automates the scheduling of inspections and maintenance, thereby preventing the
occurrence of maintenance problems and expensive repairs.
Proactive maintenance
extends the life of the equipment used while reducing the overall operating
costs of maintenance.
- Manage
work orders efficiently
CMMS Software improves
workflow and efficiency by allowing you to schedule, assign, and close work
orders quickly and without hassle.
- Manage
your spare parts inventory
A disorganized
maintenance department can make it difficult for maintenance managers to find
the parts they need when they need them.
A CMMS system helps
maintenance managers track the assets that need to be maintained and set up the
automatic reordering of parts so that repairs can be done quickly.
- Elimination
of paperwork
Using CMMS software
eliminates the need for paperwork and clipboards as the software can be set up
to capture and retain the required information automatically, thereby making
notes, files, and folders redundant.
Moreover, the
maintenance personnel can view all the necessary information on their computers
or mobile devices.
- Productivity
Enhancement
The CMMS software can
be used on smartphones, allowing maintenance technicians to access real-time
information, check inventory, and initiate work orders without having to head
to the office.
This saves significant
amounts of time and increases productivity.
- Reduction
of Repair Costs
A CMMS system enables
you to maintain structures and assets regularly, and therefore, they are less
prone to breaking down, which implies that repair costs are also reduced.
- Increase
in safety
CMMS software helps
organizations regularly check and maintain their equipment and hence, meet
safety standards to prevent malfunction and critical failure. Therefore, there
is a reduced risk of accidents and loss of work time.
1 Comments
Great piece that highlights the benefits of CMMS software used in conjunction with a marketing strategy.
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