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Market Your Way to the Top

Stock quotes in this article: TM , GMGMQ  

Elizabeth Wilson of Entrepreneur.com



Entrepreneur.com expert columnist and marketing guru Mark Stevens addresses the most common marketing questions and fears new business owners and would-be entrepreneurs face as they start up in a sluggish market.

The solutions he offers are both time-tested and cutting-edge -- ensuring you'll land at the top by the time this sour economy turns sweeter. Learn how to measure your ROI, when and how to devise new marketing strategies to replace ones that don't work and how to gain more market share over your competitors.

What is marketing?
Mark Stevens: Marketing is the most misunderstood work in business; ask 100 people what marketing is, and you'll get 100 different answers. You get back: advertising, Web sites, good service, etc. It's all of those things, but the essence of marketing is that it's the movement of the business from one level of profitable revenue to the next.

Marketing has to be a driver of business growth, so if you're doing a million in revenue one year, the next year you need to be doing a million and a half, and then you take it to 2 million and so on. You can't stay where you are. You need a catalyst for growth. ...

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