LIKE.TG
Common WhatsApp Global Customer Screening Software
WhatsApp Global Customer Screening Software is a software to help the relevant staff who use WhatsApp for marketing to screen users quickly, which can improve the speed of marketing as well as the accuracy of marketing for the relevant staff. There are a lot of software in the market for this purpose, today we will show you the most common WhatsApp Global Customer Screening Software in the field of WhatsApp marketing.This software is WhatsApp Global Customer Screening Software, and it surpasses all other WhatsApp Global Customer Screening Software in terms of variety and accuracy, making it the most popular software in this direction. It's the most widely used software in this direction.The software has a number of unique features, such as the number generation filter. The screening can be done in many ways, whether you want to import the original purchase, or generated from elsewhere or generate new numbers directly from the software, he can do the screening task.The software supports quick import in txt file format, perfect for accessing your previous customer list or screening lists on your behalf. If you want to use the software to generate your own number data, you can choose to use the "country code + first few digits of the area code" or "country + city + area code" for convenient random / regular generation.After generating or importing, you can carry out the screening operation, which can not only screen out whether the account is registered with the software, but also analyse whether the account has an avatar, whether it has a signature, whether the gender is male or female, and other options in the screening results, and directly classify the conditions to bring more detailed feedback on the screening results.LIKE.TG WhatsApp Filters (WhatsApp Global Customer Screening Software) allows you to choose multiple ways to generate mobile phone numbers in various regions, judge and analyse WhatsApp account registrations by logging in to verify the account and show you. The software uses LIKE.TG's homemade programme to filter the account information more finely, including avatar, gender, signature and signature language, etc. and supports exporting the filtered data to .txt/.xls/.xlsx/.vcf files.Keywords: WhatsApp Global Customer Screening Software
Commonly used filtering filters for foreign trade marketing: WhatsApp filters
With the continuous development of the economy, export trade has gradually become another effective way for the development of enterprises. Many enterprises have begun to carry out export trade to promote their products or brands to the international level, and WhatsApp plays an important role in this.WhatsApp is equivalent to WeChat and QQ in our country. It is a bridge for us to communicate with friends, colleagues, and strangers. It is completely free. You only need a valid mobile phone number to register a WhatsApp account. According to current data, the number of monthly active users of WhatsApp is 2.3 billion+, and the number of users is very large.If you are doing foreign trade export, you will definitely not miss such a huge user traffic, so now many foreign trade merchants will use WhatsApp to do marketing and promotion to acquire customers.In WhatsApp marketing, WhatsApp filter is an essential foreign trade marketing tool for marketers.The main purpose of WhatsApp marketing is to obtain active WhatsApp accounts, that is, the contact information of users. Although WhatsApp claims to have as many as 2.3 billion active users, a user may have several WhatsApp accounts at the same time, but he mainly uses one for communication. The WhatsApp filter uses technical means to filter out the most active WhatsApp accounts.An active WhatsApp account can effectively help us establish contact with users. For example, if we share some products or websites with these accounts, users can see the content immediately when they go online, and WhatsApp supports us to see whether users have read the messages we send. This is still very good for WhatsApp marketing.But everyone should pay attention, the WhatsApp filter is a marketing software independently developed by a third party, and it is not an official function of WhatsApp, so it needs to charge some fees, and you use your WhatsApp account to scan the QR code to log in to filter, which may lead to your WhatsApp account being blocked. You must pay attention to this.LIKE.TG WhatsApp Filter, users can scan the QR code to log in to your WhatsApp account or import channel accounts or hash accounts in batches to filter, use your WhatsApp permissions to filter the target phone numbers registered for WhatsApp, and judge gender and age based on WhatsApp avatars. After filtering, you can export .txt/.xls/.xlsx/.vcf files.The above content is what LIKE.TG Xiaobian shared with you about "Filtering Filters Commonly Used in Foreign Trade Marketing: WhatsApp Filters". I hope it will be helpful to you. If you want to know more about WhatsApp filters in detail, LIKE.TG is here.
Communicating with the World WhatsApp Chatting, Dating & Sharing Tips
Keeping in touch and sharing life through messaging apps has become a part of everyday life in the modern world.WhatsApp, a widely used instant messenger, not only allows people to chat with ease, but also provides the opportunity to add foreign contacts and share status updates. In this article, we will introduce you to some tips for better chatting, adding foreigners and sending updates on WhatsApp.Chatting Tips:WhatsApp is more than just a text communication tool, it offers a variety of ways to enrich your conversational experience. Emojis, stickers and voice messages can add fun to your chats.Emojis and Stickers: Without words, emojis and stickers convey your feelings and emotions. From smileys to animals, emoticons to scenes, WhatsApp's extensive inventory can fulfill your different needs for expression.Voice Messages and Recordings: Sometimes it's hard to express your true feelings with text. At this time, you can easily record voice messages by long-pressing the microphone icon to let your voice convey more information.MULTIMEDIA SHARING: Sharing photos, videos and audio files can show off your life better. Tap the camera and microphone icons at the top of the chat box, and you can share your beautiful moments with your friends.Add foreigner tips:WhatsApp has become a bridge that connects people globally and allows you to stay in touch with your international friends no matter where you are in the world.INTERNATIONAL NUMBER FORMAT: Before adding a foreigner, make sure you know their country code as well as their cell phone number.WhatsApp automatically adapts to the country code, but make sure you've entered the correct number.Add via link: Share your contact details via a link and foreign friends can easily add you by just clicking on the link, which makes cross-country dating much more convenient.Use Personal QR Code: WhatsApp provides a personal QR code for each user, foreign friends can quickly add you as a contact by simply scanning your QR code.Send dynamic tips:Even though WhatsApp is not the main social media platform, you can still share your status updates with your friends.Set Status: The 'Status' option at the top of the main screen allows you to share photo, text and video statuses. These statuses will be displayed in your contacts for a period of time and then disappear automatically.Select Audience: You can choose exactly which of your contacts can see your status, which gives you more control over how far you can share.Updates irregularly: WhatsApp statuses are not updated as frequently as social media updates, but you can share some funny or important moments from time to time so that your friends can share your life.With WhatsApp, it's easier to stay in touch with friends, family and people around the world. Whether it's conveying emotions through emoticons or bringing voices closer together through voice messages, WhatsApp opens up a wide range of possibilities for our communication. At the same time, by adding foreigners and sharing statuses, we are able to connect more closely in this digital age.I hope this article will help you better utilize WhatsApp to communicate with people, add new friends, and share what's going on in your life.
Communications plan
A communications plan is a roadmap required to deliver information effectively to certain stakeholders. It covers the message, target audience, and marketing channels. In this article, we’ll unveil why a communications plan is essential and how to create it. Why is a communications plan important? Developing a communications plan for stakeholders is essential since it enables you to outline a clear purpose for a product launch or new initiative. With its help, you’ll develop a relevant message that will communicate all your ideas and thoughts. A communications plan can come in handy during difficult periods for your company. When your business experiences a crisis or damaged reputation, you need a roadmap to deliver the right message to your customers, employees, or investors. It can help you improve the situation and gain their trust. If you don’t experience any problems with your brand, you still need to be prepared for various scenarios. A communications plan serves as a step-by-step guide for your team. Now that you know about the importance, it’s time to find out how to write it. The next section will provide 8 easy steps to create a communications plan for your business. How to write a communications plan? Developing a detailed communications plan is critical for both product launches and crises. That’s why we’ve prepared a list of actions you need to do to write this document right. Let's find out how to do it. Identify your communications materials. First, you need to analyze your company environment and find out why you need a communications plan. This step is essential for determining problem areas. Say you want to launch a new product and don’t know how to communicate it to your shareholders and customers. Start with auditing your marketing approach to figure out the gaps. Gather all crucial information to identify all gaps within your marketing strategy to prevent repeating them. Once you finish, you’ll be aware of these areas and cover them in your communications plan. Consider receiving feedback from customers to unveil some more problems. Keep these facts in mind when choosing channels, writing a message, and determining the target audience for your new product launch. Determine SMART goals. Once you audit your materials, proceed to set your objectives. Remember that your goals should be SMART (specific, measurable, attainable, relevant, and timely). Figure out what you want to attain with this communications plan. Make sure to write specific goals which you can achieve during a certain period. Define your target audience. Creating a relevant and timely plan requires you to define your audience. You should know your listeners to make a great pitch. You can write for clients, employees, investors, media outlets, etc. The message should be different based on the group of stakeholders you want to reach. For instance, consider creating a press release with your brand objectives if you write for media. When you write a communications plan for your workers, make sure it contains some internal information and some space for follow-up questions. Outline your plan. Once you finish with the previous steps, you can proceed to creating a plan. Make sure to include the following points in your plan: purpose, roles and responsibilities, and how to create a successful response plan. Consider inviting representatives from your target audience so that they give some input. Choose the right channels. When selecting the channels, make sure that you know whom you target and the message you want to communicate. Consider the preferred communication channels of your shareholders. For example, if you want to deliver your message to your customers, you can use social media or email campaigns. When you strive to reach your employees, consider using a special working platform, company email, or offline meetings. Make sure that your channels will help attain your objectives. Gather a team of professionals. Based on the purpose of your plan, collect a team of employees. Professionals in this field will help you effectively develop a strategy and promote your initiative to shareholders. Set due dates for each stage. Each step of your plan should be completed within a given timeframe. That’s why you need to decide which of them will take you longer to finish. Evaluate the results. After you finish the plan, you can see what aspects still need improvement. Present your communications plan to shareholders to see what went right and wrong. It will help you avoid the same mistakes in the future. Congrats, now you know what a communications plan is and why it’s essential. Hope that our guide will help you once you decide to make it for your business.
Cómo usar la foto de perfil de WhatsApp?
Para aquellos que usan usuarios de WhatsApp, el avatar de WhatsApp sigue siendo muy importante. Por ejemplo, podemos utilizar algún software de detección de números de WhatsApp de terceros para juzgar la edad y el sexo aproximados del usuario a partir del avatar de WhatsApp.El avatar de Whatsapp también se llama perfil o imagen de WhatsApp, para configurar el avatar de WhatsApp, podemos hacerlo mediante los siguientes pasos:Abra la aplicación WhatsApp: abra la aplicación WhatsApp en su dispositivo móvil. Asegúrese de haber iniciado sesión en su cuenta de WhatsApp.Vaya a Configuración de perfil: normalmente, puede encontrar un ícono de menú (generalmente tres puntos o líneas verticales) en la esquina superior derecha de la interfaz principal de WhatsApp. Haga clic en el icono y luego seleccione Configuración o Configuración y privacidad.Haga clic en la opción Avatar: en la interfaz de configuración, es posible que vea una opción llamada "Avatar" o "Foto de perfil". Haga clic en esta opción para ingresar a la página de configuración del avatar.Selecciona una foto: Verás varias opciones, como tomar una foto, elegir de un álbum, eliminar la foto actual, etc. Si desea cargar una nueva foto como su foto de perfil, seleccione la opción "Elegir del álbum" y elija una foto de su biblioteca de fotos.Cambiar el tamaño y recortar: después de seleccionar una foto, es posible que se le solicite cambiar el tamaño y recortar la foto para que se ajuste al tamaño de su avatar de WhatsApp. Realice los ajustes necesarios y luego haga clic en Listo o Guardar.Vista previa y guardar: después de recortar, verá una vista previa del avatar. Cuando esté satisfecho, toque "Guardar" o "Confirmar" para configurar esta foto como su imagen de perfil de WhatsApp.Actualización de avatar: Una vez que guardes un nuevo avatar, este se actualizará y se mostrará en tu cuenta de WhatsApp, así como en las ventanas de chat que envíes.Tenga en cuenta que la foto de perfil de WhatsApp será visible en sus contactos de chat, así que asegúrese de que la foto que elija sea apropiada. Si luego deseas cambiar tu foto de perfil, puedes seguir pasos similares visitando la página de configuración de la imagen de perfil nuevamente y seleccionando una nueva foto.El contenido anterior es el contenido sobre "¿Cómo usar el avatar de WhatsApp?" compartido por LIKE.TG Xiaobian, espero que te sea útil. Quieres saber más sobre whatsapp, todo en LIKE.TG.
Company profile
A company profile is a business summary created to convey the main information about the product or service to the target audience. It covers the history, values, mission, vision, and advantages of a specific company. You can find a company profile in 'About Us' on a business’ official website. In this article, we’ll uncover the importance of a company profile and how to write it. We’ll also review several excellent examples. Why is a company profile important? A company profile serves every business owner as a promotion tool that speaks to the target audience. A company profile helps you establish a positive and lasting first impression on your audience. A well-designed profile allows you to be visible across various marketing channels: websites, social media, messengers, forums, etc. Customers can find information about your business and product through preferred platforms when they are interested. If you manage to deliver essential information to your clients, you can stand out from the competition. Relevant, useful, and reliable companies always take priority among consumers. Your task is to resonate with your audience and provide them with a solution. An engaging company profile generates leads and converts them into customers if they receive all the necessary information. An appealing profile enables you to establish brand awareness and credibility. Showing professionalism, transparency, and quality is critical since these facts influence buyer decisions. When you do it right, it will help you reach your key business goals. Make sure to share your engaging brand story and cover appealing branding so that people trust your company and choose it over dozens of others. Company profile introduces your product to customers and uncovers its benefits. People can instantly find out whether it will help them solve their problems and attain the necessary results. Besides, a profile gives a clear understanding of your business to your future employees. You can find perfect candidates during the recruiting process. Now that you know the importance, it’s time to review how to create a company profile. After exploring this section, you’ll be able to do it for your business. How to write a company profile? Writing a company profile isn’t an easy task, yet vital for every entrepreneur. This section will guide you through this process to create a well-thought-out ‘About Us’ page for your business. Determine profile purpose. To create a working company profile, you need to set its purpose. It will help you align the statements with your key goals. If you strive to get new investors, consider covering your company’s profit, business performance, and product benefits. When you wish to drive customers’ attention, it’s essential to include your values. Choose a relevant style. Make sure that the style you use for your profile is appealing and engaging. Check your text for readability. The style of your profile depends on the field you are in and your target audience. You can be traditional, creative, or visual in your statements. Your task is to resonate with your customers and make them engage. Share your brand story. There are dozens of businesses that sell products similar to yours. However, there’s always a way to make your company stand out. An appealing brand story makes you unique. That’s why you need to put all your effort into writing it as best as possible. Introduce yourself to your customers and let them know who you are and what you do. You can tell your audience about your inspirations and reasons for starting this business. Include a mission statement. Create a mission statement and include it in your company profile. Ensure that your mission unveils your target customer, competitive advantage, and the product your offer. Cover company history. Create an overview of how, why, and when you established your business. Include the values, key events, and other notable facts about the brand’s past. Do it chronologically so that customers can understand where you started and what you have achieved until now. Write your achievements. Showcase your rewards and achievements if you have them. It denotes that many people trust you and purchase your goods. Awards establish trust and credibility. Share testimonials. You can increase sales by simply sharing testimonials. Ask satisfied customers for feedback to create testimonials. They will serve potential consumers as a source of information. The feedback will help consumers make positive purchasing decisions. Make sure to add a call to action button. Consider adding a call to action button to your company profile. It will help consumers continue exploring your website. You can invite them to discover your product, ask for a call, or visit your office. Include contact information. To drive more prospects, you need to provide contact information. Ensure that all your website visitors can reach you through the website, phone, social media, or messengers. Include your contact information in your company profile. If potential customers are interested in your company and product, they will strive to know more about your business. Now that you know how to develop a company profile, let’s jump into examples. They’ll help you decide where to start. Examples of Company Profiles You can find hundreds of amazing company profiles designed by famous brands on the internet. We’ve decided to gather the most recognizable brands and their profiles in this section for you to grab some inspiration. Bath&Body Works Bath&Body Works is a well-known retail store chain that sells soaps, fragrances, and candles. The brand’s profile appeals to its target audience by unveiling the company’s achievements and years of successful work. From the ‘About Us’ page, potential clients can instantly know about the company’s product offers and the number of stores open. It shows the authority and the popularity of Bath&Body Works’ items among consumers. Its company profile covers the brand’s values, such as diversity, equity, and inclusion, based on which the chain operates. PUMA PUMA designs and manufactures athletic footwear, apparel, and accessories. From the company profile, you can see that the company operates in the sports field. The brand encourages people to take risks and be brave. PUMA’s customers are people involved in sports who are ready to transform. The company strives for the best quality to ensure that all training goes well with its consumers. Waze Waze is a platform where users obtain real-time driving directions based on live traffic. The service is helpful for those who want to avoid traffic jams and reduce their stress level on the road. Waze encourages cooperation among drivers to inform about jams and navigate the best routes. The company values the time of its users and helps find the best ways out of overcrowded streets during busy hours. Congrats, now you know what a company profile is and why it’s essential. Hope that our examples inspired you to create an appealing company profile for your business.
Company values
Company values are the core principles, ideas, and beliefs that set the direction of a company’s teamwork. They determine the way your brand interacts with clients and shareholders. In this article, we’ll unveil why company values are important and how to create them. We’ll also review brands with excellent core values. Why are company values important? Company values are essential for every business since they unveil the principles, beliefs, and fundamentals of your brand while determining the way of operation for your workers. Core values help identify the best ways of achieving key business objectives. After selecting the right core values for your company, you can reap several benefits. In general, they allow you to maximize performance, increase employee engagement, and improve workers’ principles. Clearly defined fundamentals enable your workers to make crucial business decisions based on your company’s mission. They understand your business purpose and do everything towards its achievement. Your team respects what your brand stands for and helps you achieve the desired results. Since your employees are professionally ready to provide you with the necessary outcomes, their productivity, time management, and morale improve. For example, if you strive to start environmental initiatives, your team will help you do it in the best possible way. When hiring new people for your team, make sure they know and understand your values. This way, all team members will align their work toward achieving the common good. Communicate your principles in job offers so that you can identify the right candidates who appreciate your work. Company values help you differ from your competitors. People who share the same principles will choose you over dozens of other brands. Resonating with consumers is essential for improving lead generation and customer retention. Now that you know why company values are crucial for your business, let’s find out how to create them. How to create company values? As an entrepreneur, you have no limits on setting your values. Sustainability, simplicity, honesty, and transparency are just a couple of examples. You are the one to decide which priorities and beliefs to determine. In this section, we’ll unveil the ways to create them for your business. Consider brainstorming. Brainstorming is a very helpful technique when it comes to identifying the values of your company. Gather your team members to share their opinions and ideas. This way, the chances of creating a list of relevant principles are bigger. Be open-minded and encourage all team members to provide their associations and fundamentals that relate to your business. Write down all ideas on a separate list and review them. Identify those that perfectly describe your mission, vision, and values. Analyze your mission. Before brainstorming, consider seeing your company’s overall mission. Your mission statement is a reflection of core values. For instance, if you want to create a beauty brand that stands against animal testing, you should show it in your mission statement and company values. Explore your brand’s mission and you will automatically come to the right values. Make up a list of fundamental questions about your business. You should figure out what your company appreciates the most. Think of the things that will be over the desire to make money. For instance, if you focus on reducing the environmental impact of manufacturing, you can use special packaging for your product, machinery, and production process. Be specific when defining your values. Being specific is critical for both your customers and employees. Clear values are necessary for the perfect hiring process. You need to communicate them to your candidates to find the right members of your team. These people should support all your principles and beliefs to maximize productivity. Pay attention to your target audience. Customer feedback can become a perfect source to identify core values for your brand. Make sure that your product satisfies consumers in terms of superior quality and low price. Identify factors that influence buying decisions of your target audience. For example, they might need transparency in manufacturing, ingredients, and sustainability. Now that you know how to develop company values, let’s review several examples of brands with appealing core values. 5 Companies With Inspiring Core Values If you want to get inspired, consider looking through several examples on our list below. Bayhealth Bayhealth is a healthcare system with a mission to provide excellent healthcare to the people around. The company communicates its core values to its clients: compassion, teamwork, respect, accountability, and integrity. Its hospital workers care about every patient and are responsible for their actions and professionalism. The company’s employees strive to build trusting relationships with every patient and ensure transparency. Gusto Gusto is a platform that enables small companies to manage hiring, payroll, onboarding, time, and compliance. The company’s core value is transparency. The service’s senior management shares every performance review with all of Gusto’s employees. Gusto advocates the needs of others, strives to perform better, and improves all time. Discover Discover is a credit card brand focusing on innovation, simplicity, respect, openness, enthusiasm, and collaboration. The company’s team believes that to build a successful business, they need to follow these principles and satisfy clients. The company ensures that Discover’s customers make well-informed decisions with all these fundamentals. Coca-Cola You can find the brand’s values on its Diversity, Equity, and Inclusion page. The company cares about gender and racial equality and does its best to achieve it. Its team focuses on women holding senior positions within the company so that they represent 50% of employees. Coca-Cola also pays attention to sustainability. You can explore all their efforts on the brand’s website. You’ll find the company’s statistics on water usage and recycling. Coca-Cola is a people-focused company and highlights it. The company cares about its customers, employees, and everybody involved in the process of product development. Its team is sure that everybody is important and can bring a difference to our planet. The brand ensures the protection of the human and workplace rights of every employee. Whole Foods Whole Foods, a famous supermarket chain, sells high-quality organic foods to its customers. Besides excellent service and products, the brand cares about its communities and environment. To show the company’s commitment, it established the Local Producer Loan Program, which ensures low-interest loans to local farmers. You can also explore the brand’s contribution to the environment and its related initiatives. Congrats, now you know what company values are and why they are essential. Hope our guide and examples inspired you to create a list of appealing values for your business.
Comparative advertising
Comparative advertising is an advertising strategy that enables marketers to compare their brand with their competitors’ brands and highlight their benefits. Companies using this strategy present their product as the best choice. Is comparative advertising legal? Yes, it’s definitely legal. Comparative advertising makes companies develop faster and generate innovative ideas in a highly competitive environment. In addition, this type of advertising attracts user attention, unveils the best features of several competing alternatives, and allows consumers to make an informed decision. However, do not forget that the Lanham Act regulates false advertising in the USA. In simple terms, when producing comparative ads, remember that they should refer to some scientific research, study, or any verifiable results. You can’t just say that your medicine is the best choice to deal with food poisoning. Such claims need thorough investigations, experiments, and scientific evidence. To be on the safe side, companies should not: mislead their consumers by providing ambiguous information; contradict facts and research results; sugarcoat any data. Generally, the law regulates what you say about your brand, claims you make about your competitors, and the way you present them. If you aim to ensure legal compliance, remember that you should not violate any aspect of the false advertising law. Do not forget that a plaintiff must prove to the court that a claim from the advertising is false. We strongly recommend that you compare your brand to similar brands. However, don’t compare your company’s products to startups or any much smaller organizations because you can look like a bully, and there are chances that consumers know nothing about your competitor. This way, you can harm your reputation, and as a result, your potential clients will choose the offended company because of sympathy and your free advertising. As you see, comparative advertising is a chance of development and a significant risk at the same time. You should know the advantages and disadvantages of this type of advertising to be fully aware of its possibilities. Pros and Cons of Comparative Advertising If you want to have a clear picture, check out our considerations on the topic below. Advantages of comparative advertising include the following ones. Brand awareness increase. If you compare your products to the products of a bigger brand, you can boost your brand awareness significantly. Providing reasonable facts that make your company a better decision than a well-known brand is an effective way to attract the attention of a big audience, which will work in your brand’s favor. More informed customer decisions. Consumers often don’t carry out their research because they’ve got used to buying this particular item for years. They are not familiar with the situation in your niche, and thus, competitive advertising is a game-changer here. You can even demonstrate the flaws of your competitors but keep in mind that you should cover the way you outperform competitors in this particular aspect as well. Still, there are some tangible disadvantages that you need to consider. Your brand can be subject to the law. This is the worst outcome, but still, every marketer can face it. Check and prove every claim you make in your ad to avoid legal wrangling. Don’t mislead your consumers and follow the rules we’ve outlined in the previous section. You can harm your reputation. Comparing your brand to a smaller company and excessive bullying can scare away your customers. People can perceive this strategy as a cheap trick, so don’t go too far with your claims. Remember that your ad should be light-hearted. You can lose customers. This may be the consequence of your damaged reputation. You risk not only wasting advertising money by scaring away potential clients but losing your existing ones who might consider your brand unworthy. Do not forget that your key aim here is not to diminish your competitor’s achievements but to highlight yours. Despite all the risks and disadvantages, comparative advertising is still a great marketing strategy. Big brands often choose it for their campaigns, just like the one in the example below. Example of Comparative Advertising Big brands sometimes poke fun at other brands to make a good impression, but the jokes are kind and light-hearted. Check out an example of comparative advertising produced by BMW. The brand knows that each child has their favorite superhero like Spiderman or Batman, so the brand turned BMW into a superhero. They hint that even a Mercedes wants to become a BMW. This funny ad encouraged tens of thousands of likes and retweets. Now that you know about the pros and cons of comparative advertising, you can get inspired by the examples and create your outstanding campaign.
Comparing Snowflake vs. SQL Server: Which Data Warehouse Fits Your Needs
Data’s rising importance for businesses has also increased the necessity of tools and technologies to manage it efficiently. A data warehouse is a reliable solution as it effectively stores your data and keeps it ready for analysis. Understanding Snowflake and SQL Server’s pros and cons can help you choose the right solution for your data warehousing requirements. The appropriate option will be able to keep up with your data volume and business as they expand, offer convenient data integration, maintain data quality, and offer built-in features for data security and compliance — while being cost-effective and user-friendly. Read on to learn more about the Snowflake vs. SQL Server question and make an informed selection. Snowflake Overview Snowflake has become a major presence in the data management sphere within only a decade. The platform was designed specifically for the cloud and takes advantage of the infrastructure of the biggest cloud providers, including Azure, Google Cloud Platform (GCP), and Amazon Web Services (AWS). Snowflake is ideal for scenarios with fluctuating query loads and data volumes since it automatically adjusts resources to match the demand. The platform also features automatic maintenance features that can significantly lower the administrative overheads of data warehouse management. SQL Server Overview Microsoft SQL Server, also called MS SQL Server or simply SQL Server, started as a conventional on-prem Relational Database Management System (RDBMS) in the 1980s. However, since then, it has also become a reliable option for enterprises that need a mix of on-premises and cloud deployment. Businesses value SQL Server for its customizability and comprehensive security features. A wide variety of development tools are available to further augment and refine its functionality. Read more about using SQL Server for data warehousing. Snowflake vs. SQL Server Here’s how Snowflake and SQL Server compare in six major areas: 1. Architecture Snowflake is designed with a cloud-native, multi-cluster architecture. It supports cloud providers such as Azure, AWS, and GCP. It primarily serves data warehousing and analytics applications. Snowflake users don’t need to manage infrastructure since it handles the configuration and management itself. In contrast, SQL Server was primarily designed for on-prem applications but can support cloud operations on Azure. It works well for both Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) tasks. SQL Server’s cloud versions provide some managed services, but infrastructure management is primarily the users’ responsibility. 2. Scalability Since Snowflake separates storage and compute functions, you can scale them individually based on your requirements. Its multi-cluster architecture allows it to handle concurrent workloads by using separate clusters for each query. On the other hand, SQL Server combines storage and compute functions in the same system. Its scalability can be constrained by hardware limitations, particularly in on-prem usage. Lastly, while it can handle concurrent workloads, it doesn’t do so as effectively as Snowflake. 3. Performance Snowflake handles read-heavy analytical queries well, thanks to advanced compression techniques and columnar storage. It also optimizes queries and data storage automatically, minimizing the need for manual fine-tuning. SQL Server needs more manual optimizations than Snowflake. However, unlike Snowflake, which is purpose-built for data analytics, SQL Server handles both transactional and analytical workloads well. 4. Pricing Models Snowflake charges a flat rate per Terabyte (TB) every month for storage. Users consume credits when they perform compute functions, and the per credit rate varies depending on their account. There’s also a per-byte fee charged for data egress. The total monthly cost of Snowflake usage combines data transfer, compute, and storage fees. SQL Server offers a variety of editions, each with its own pricing and licensing model. Pay-as-you-go packages are also available with monthly and hourly rates. Support Your Data Warehousing with LIKE.TG Whether you decide to use Snowflake or SQL Server, LIKE.TG's features help you make the most of your choice. Find out how. Speak to Our Team 5. Data Sharing You can share data in Snowflake in one of two ways. ‘Listing’ lets you share data privately with selected Snowflake accounts in any region or publicly using the Snowflake Marketplace. ‘Direct Share’ allows you to share data with one or more Snowflake accounts in your region without copying or moving it. Data sharing using an SQL Server can involve any of the following methods: Replication Linked Servers Distributed Queries Database Mirroring Always On Availability Groups Extract, Transform, Load (ETL) Processes Data Import/Export 6. Security and Compliance Snowflake offers built-in security measures, such as: End-to-end encryption for at-rest and in-transit data An access control system that incorporates both role-based and discretionary access control methods Federated authentication and Single Sign-On (SSO) Secure Data Sharing that only offers read-only access to third parties and involves no data transfer. Snowflake also supports a wide variety of compliance frameworks, with some of the prominent ones including: SOC 1 Type II and SOC 2 Type II PCI-DSS (Payment Credit Industry Data Security Standard) ISO/IEC 27001, ISO 27017:2015, and ISO 27018:2019 HITRUST Microsoft SQL Server offers multiple layers of security, including encryption, auditing, and conditional access. Encryption in a SQL Server has several facets, including encrypting communications using SSL/TLS, securing each SQL database using a master key, and transparent data encryption (TDE). SQL Server Audit is a built-in tool with multiple auditing levels that you can use for server-level and database-level audits. Conditional access offers fine-grained access control using techniques such as role-based access, data masking, Row-Level Security (RLS), and Column-Level Security (CLS). For compliance purposes, SQL Server’s support includes but isn’t limited to General Data Protection Regulation (GDPR), Health Insurance Portability and Accountability Act (HIPAA), PCI-DSS, ISO/IEC 27001, and SOC 1, 2, and 3. Here’s the Snowflake vs. SQL Server comparison at a glance: Which Solution is Ideal for Your Requirements? If you plan on fully moving your operations to the cloud, Snowflake’s cloud nativity can be a powerful push in that direction. Its elastic scaling and easy-to-use interface make upgrading from legacy systems and moving to a fully cloud-based data warehousing solution easy. Snowflake is also the right choice if you want to switch to a fully managed solution. With Snowflake, you won’t have to worry about configuring, managing, or maintaining a data platform. On the other hand, if your business isn’t yet ready for this kind of transition, or you’d rather switch to a hybrid model before committing to the cloud full-time — SQL Server is the right choice for your enterprise. SQL Server’s powerful compliance and security features make it a viable option for mixed deployment scenarios. Conclusion Choosing the right data warehousing platform is crucial — and picking the right data management tool is just as essential. Whether Snowflake or SQL Server is the better option for you, LIKE.TG can help you fully use these platforms’ impressive capabilities. You can use LIKE.TG’s native Snowflake connectivity or set up drag-and-drop connectors to connect an SQL Server with various enterprise systems. Thanks to LIKE.TG’s powerful automation features, you can set up jobs to run without manual intervention and scale your data processes. Start your free trial today or schedule a personalized demo!
Competitive advantage
Competitive advantage is a brand’s ability to provide customers with products or services that are better in quality or cheaper than competitors’ alternatives and can outperform them. It helps companies generate more sales and earn higher profit margins. In this article, we’ll cover the importance, types, and examples of competitive advantage and also review the best ways to gain it. Why is competitive advantage important? Competitive advantage is essential because it makes a product or service look more attractive to consumers. To gain customers’ attention and make people choose their products or services, brands create unique and high-quality products, set lower prices, provide excellent customer service, unusual features, or flexible return and exchange terms. Doing this helps companies get high sales volume, profit margins, and a high level of customer loyalty. A business with a superior offer is in great demand among buyers. It generates more sales and brings good revenue to its owner. To stand out among competitors and surpass them in some areas, different companies leverage advanced technology, hire a team of professionals, ensure excellent customer support, or create a fantastic service. These steps help them increase market share and get a bigger ROI. Entrepreneurs also aim to improve their productivity and efficiency, trying to build successful brands. Since a lasting competitive advantage brings a lot of benefits to businesses, companies’ owners try to attain it in several ways. They implement something competitors don’t have, launch new innovative products others can’t duplicate, implement innovation, and more. Having a clear competitive advantage provides a company with certainty and enables the right allocation of resources. Now that you know why competitive advantage is essential, let’s unveil its two main types. Types of Competitive Advantage Companies with a competitive advantage have a unique position that brings benefits to their stakeholders. There are two main types of competitive advantage you can use to make your business grow: comparative and differential. Comparative advantage refers to the ability of a certain business to manufacture products more efficiently than its rivals. Simply put, it occurs when a company can produce products that are similar to its competitors’ alternatives but sell them at a lower price. The strategy helps bring in more customers and increase revenues. Let’s imagine that two companies offer perfect substitutes, but one of them sells the same product for a lower price. For sure, a customer will choose a cheaper one, especially if there’s no visible difference between the two. For example, a person wants to buy sneakers of a certain brand in a retail store. This customer can choose between two open stores. One store sells these running shoes for $50, and the other one sets the price of $45. The client will buy from the second brand to save money. Differential advantage refers to the situation in which a company creates products or services with superior quality, additional functions, benefits, or an interesting appearance. Brands often use new technology, a strong brand identity, and their best personnel to manufacture high-quality products. These crucial factors support a company’s increase in market share and ROI. Apple is the best example of a brand with a differential advantage. The company manufactures innovative products like iPhones, MacBooks, AirPods, etc. The brand has a high level of customer satisfaction with product quality and appearance so that clients are even ready to pay a much higher price for its smartphone or laptop. Let’s take a look at some strategies to obtain a competitive advantage. 4 Ways to Gain Competitive Advantage If you want to develop a competitive advantage, it’s worth thinking about a suitable strategy to reach this goal. Consider cost leadership. Companies often implement cost leadership strategies to take positions of industry leaders. You can use the approach if your company can provide consumers with product quality similar to your rivals’ alternatives but for a lower price. To apply the strategy, you should find how to manufacture the same goods at a lower cost or use your resources more efficiently. Remember that there shouldn’t be any additional costs since you still need to obtain a good profit margin. Pay attention to the factors that influence your efficiency, such as technology, equipment, personnel, etc. Implement differentiation. This strategy focuses on making a company different from others. Your brand shouldn’t necessarily stand out and be memorable only because of low-price products. There might be other attributes that encourage people to buy from you: unforgettable experiences, innovations, a wide variety of products, etc. Think about it to make your brand look more attractive. Once you have something that distinguishes your company from other businesses, search for a specific audience segment for which this attribute matters and communicate your message through the most suitable channels. Utilize focus strategy. To stay ahead and outperform your competitors, you should always maintain a competitive advantage. If you want to leverage the strategy, you should choose a market segment and focus on it. Do everything possible to develop a product or service that can satisfy your customers, solve their problems, and obtain great results. As an option, you can become a manufacturer of products with the lowest cost in this narrow segment or provide customers with unique products. Seek strategic alliances. This strategy is closely connected with business partnerships. If you want to gain a competitive advantage, consider teaming up with other companies in the same or related industry. Strategic alliances are similar to joint ventures and are used to pool resources and gain profit at the expense of other businesses. Now that you are acquainted with four main strategies to gain a competitive advantage for your company, it’s time to walk you through some real-life examples. Examples of Competitive Advantage Both big corporations and startups can have a competitive advantage. Your company should provide customers with something essential or necessary for them: enjoyable experience, innovation, variety, or low price. We’ll review how established brands do it to help you get inspired. Zara Zara’s main competitive advantage is an efficient and organized supply chain and logistics. The clothing company controls all manufacturing processes and meets customer demand very fast. The brand’s team manages all the processes professionally and prevents possible problems. Zara produces and delivers clothes worldwide within a couple of weeks. McDonald’s The main advantage of this famous fast-food company with a rich history is its products at affordable prices. You can conclude that the brand implements a cost leadership strategy. This indicates that McDonald’s can leverage economies of scale, produce fast food, and spend less money at the same time. This allows the brand to sell its products at a lower price than its main competitors. Starbucks One of the most important things each brand should bring is a positive experience – it should be unforgettable, exciting, and unique. This chain of coffeehouses has been doing it for years. Starbucks developed this almost legendary idea to put their customers’ names on coffee cups. Now no one can pass by this coffee house without stopping for a cup of hot cappuccino or iced caffe latte. Now you know that competitive advantage helps attract more customers, establish brand loyalty, and make you differ from your competitors. Companies do a lot to gain it and utilize different methods to stand out among rivals because they know that it’s worth it in the long run.
Competitive analysis
A competitive analysis is a strategy that encompasses researching a brand’s main rivals to receive insights into competitors’ sales and marketing strategies and product features. It helps a company develop effective tactics, strengthen the existing strategy, outperform competitors, and gain a bigger market share. In this article, we’ll unveil the importance of competitive analysis and figure out how to do a competitive analysis. Why is competitive analysis important? Companies use many methods and tactics to stand out in the market and outperform competitors. However, they often forget about a deep competitive analysis. Running a quick familiarization with major competitors' websites and social media profiles isn’t enough. You can miss out on crucial insights into your rivals’ sales and marketing strategies. This is essential to make your business prosper. A comprehensive competitive analysis means a lot for your business. It helps get acquainted with the work of your competitors, their product features, tactics, and sales strategies. By running an analysis, you’ll identify the gaps in your competitors’ work and use them to your advantage. This is a great opportunity for you to outperform them and capture a bigger market share. On the other hand, you can also determine their strengths to figure out your weaknesses and make improvements. Once you get all the important insights, you can stay relevant and up-to-date. Your product will always meet the high standards of the market and customers. Besides the benefits mentioned above, a competitive analysis also allows you to develop your unique value proposition and the features that enable your product to stand out in an increasingly competitive market. Knowing your competitive advantage helps you plan your future marketing efforts and tactics. You’ll also be aware of the methods that will keep you ahead and stay relevant for consumers. Competitive analysis will provide you with customer reviews that discuss the drawbacks of competitors’ products. Now that you know the reasons to implement a competitive analysis, let’s walk you through the steps necessary to do a competitive analysis effectively. How to do a competitive analysis? Running a competitive analysis requires you to do several mandatory steps. Since you need to conduct the analysis regularly, you should have a clear understanding of it. Identify your competitors. Before diving into the process, you need to determine your actual competitors. To do it, you need to name all competitors and divide them into two groups: direct and indirect. When running a competitive analysis, you need to assess the work of direct competitors. These companies operate in the same geographic area and offer a product that can be a substitute for your product. However, you still need to remember your indirect competitors (they provide a different product but it can solve the same problem). Their position within the market can change at any time. Define the products they offer. Unique product or service is the main advantage of every company. That’s why it’s crucial to examine competitors’ complete product lines and the quality of their goods. Pay attention to details that might help improve your tactics, such as pricing, discounts, special offers, loyalty programs, etc. You should also research their market share, their buyer persona, pricing strategies for online and in-store purchases, their competitive advantage, and ways to distribute products. Explore rivals’ sales strategies and their outcomes. A sales analysis might require you to spend much time and effort, but it’s worth it. Once you do it, you’ll receive valuable insights into your future strategy. To do it, you’ll need to have a look at competitors’ sales processes, the channels they use to promote their products, discounts they offer, yearly revenue, and the total sales volume they receive. Besides, figure out whether your rivals scale and implement partner reselling programs. Analyze customers’ reasons for not purchasing the product. Look through competitors’ pricing and benefits. To set a fair price both for you and your customers, you need to determine the price your competitors charge for similar products. After you know competitors’ products and their pricing well, you can judge whether your product is superior or inferior. For instance, if you and your competitors offer the same products, you know that your item has more unique features compared to others, you can make it more expensive. However, when doing that, be ready to explain why your product is worthy. If you don’t have some more useful features and the quality of the product isn’t higher than competitors’, you better charge less. If you sell subscription-based services, you can offer excellent customer support and a seamless user experience. You should also explore some additional rivals’ perks that help them take a superior position among customers. Competitors’ free trial versions, referral, and loyalty programs can be the reasons you lose clients. Study the way competitors market their products. The easiest way to explore competitors’ marketing approaches is to visit their websites. It can help you answer important questions and identify gaps in your business. You can uncover whether they have blogs, podcasts, features articles, webinars, ebooks, case studies, and media kits from the website. Moreover, you’ll receive information about their online and offline campaigns, press releases, the content they publish, and FAQ section. Pay attention to rivals’ content strategy. You need to look through the websites’ content to identify the type of content they publish and their frequency (once a day, week, or month). Then read their articles to evaluate their quality, relevance, and usefulness for readers. Assess content accuracy, grammar, brand tone, readability, and visuals. Once you analyze their content, you’ll have a clear picture of the benefits they offer and the reasons why customers value them. Use this information to your advantage. Figure out customers’ level of engagement with competitors’ content. To do it, you need to check customers’ responses to their posts. See the number of comments, likes, and shares. Also, look through the comments to find out whether the majority of them are positive or negative. You should also identify the topics that resonate with the target groups the most. Take note of these topics to write quality and informative articles for your blog. Don’t forget to check the competitors’ content for tags, share buttons, and social media following. The next step is to identify the ways competitors promote their content. Evaluate the keyword density and internal linking. Analyze competitors’ social media profiles and strategies. Nowadays, it’s a must to monitor social media profiles and see how your competitors promote their products. Get to know what helps them increase the level of engagement: social sharing buttons, links to social media, CTAs, etc. Check out the platforms competitors use for promotion and find out which of them you don’t use. Then, conduct an analysis: choose the platforms you don’t use and assess the level of engagement. To get the measure, you need to see the number of fans, content engagement, and virality. Once you analyze them, decide whether it’s a good idea to create an account for your brand as well. Conduct a SWOT analysis. It’ll also be useful to do a SWOT along with your competitive analysis. It will provide you with your opponents’ strengths, weaknesses, opportunities, and threats. Afterward, you can compare them with yours and decide what else needs to be done to become the industry leader. Competitive analysis will serve you as a helpful tool in identifying your competitive advantage and evaluating competitors’ sales and marketing tactics. Its results will pave a path towards the more effective functioning of your business and improvement of strategies.
Competitive environment
A competitive environment is a system where different businesses compete with each other by using various marketing channels, promotional strategies, pricing methods, etc. This system has regulations within it that companies should follow. How does a competitive environment affect businesses? Your competitors can directly affect your business and the decisions you make. Let's imagine two online clothing stores that pose a threat to each other in terms of business development and profit. One of them decides to conduct a flash sale before Christmas and provide their customers with 40% off sitewide. The other store will also need to come up with a great offer to attract leads and customers, raise sales, sell unpopular products and, as a result, gain revenue. Similarly, if one coffee company brings out a new product to the market, their competitor will need to consider growth hacking. Thus, competition can be beneficial as it motivates companies to get better and improve their products. A competitive environment also has a positive effect on customers. Businesses often offer high-quality goods at an affordable price to win the attention of consumers. Besides, companies have to bring out their products through innovations. However, competition can sometimes complicate the existence of a business. Let's take two companies within one location, for example. If one of them sets low prices and discounts, it will be difficult for the second company to compete. Now that you know how a competitive environment influences your business and customers, it's time to proceed to the types of competition that define the relations between and among sellers and customers. Types of Competitive Environment It's essential to understand what types of competitive environments there are to assess the economic environment in business. You should know how companies and markets function so that you can analyze industry and market news, policy changes, and legislation in the future. Let's distinguish the main types of competitive environments and review each of them in detail. Pure competition. In a perfectly competitive environment, many small companies produce similar products, and many consumers buy them. These manufacturers are small, and thus they can't influence the price, defined by supply and product demand. For example, when a farmer brings dairy products to the local market, this person can't change the market price and agrees with the going one. Monopolistic competition. In this environment, many manufacturers produce different products, although they might serve the same purpose. Customers can distinguish the products because of the differences in quality, features, etc. Businesses actively use advertising to promote their products and convince consumers that they are not like other products and have better quality. Companies in monopolistic competition are price makers, which means that they can influence the product price. However, to justify the price increase of their products, they should offer something exclusive to be unlike other businesses, for example, improve the quality of their goods. Oligopoly. In this market model, there's a small number of businesses, usually two or more. It's considered stable as companies don't compete but collude to obtain high market returns. Firms set and keep prices high together or under the leadership of one particular company. In an oligopoly, profit margins are higher than in a more competitive environment. However, the main problem of this market structure is that businesses often face a prisoner's dilemma, an incentive to cheat and act in their interests at the expense of other companies. Monopoly. There's one company that produces a unique product. This manufacturer doesn't face any competition, and the product doesn't have any substitutes. Also, a monopolist decides on the product's price and sets barriers for new companies to enter the market. Perfect competition, monopolistic competition, oligopoly, and monopoly are the four main market structures you should be aware of when entering the market. Now it's time to move to the competitive environment analysis. Competitive Environment Analysis To develop a great marketing strategy, you need to understand your competitors and their tactics. At this point, you need a competitive analysis framework to reach your business opponents. Let's discuss several most popular frameworks. SWOT Analysis. You can assess the external and internal factors that influence your company. This framework helps you identify competitive advantages, compare your opponents' strong and weak sides on different marketing channels, and define your further marketing steps. Strategic Group Analysis. This framework characterizes the strategies of all strong competitors in various strategic dimensions. It allows you to identify your competitors' positions in the competitive environment and the factors that bring your business a profit. It also enables you to identify the key aspects of success and assess your position among competitors. Porter's Five Forces. The basis of this framework lies in exploring the competitive market forces in the industry and helping define the industry's strengths and weaknesses. It involves five elements: new entrants, buyers, suppliers, substitutes, and competitive rivalry. These five influence the level of competition in your industry. Growth-Share Matrix. By using this framework, you can decide which products are worth investing in according to their competitiveness and attractiveness within the market. It's particularly useful for large companies since it helps them define their product portfolios and decide which products are worth continuing to invest in and which are no longer worth it. Perceptual Mapping. This framework allows you to see the position of your product against the alternatives of your competitors. It enables you to understand how your customers perceive your product compared to competitors' and whether your positioning strategy matches your target audience. It can also help you find the gaps you need to resolve. To fully understand different market structures, let's walk you through some examples. Examples of Competitive Environment Every business plan of even a small firm contains a section about competitive environment analysis. As you already know from the information above, it includes all the external factors that influence your business and the product or service you offer. Let's take electronics, for example. Samsung is a company founded in South Korea that specializes in electronic and smart appliance technology. Their competitors include Apple, Sony, Huawei, Intel, and many more, which is why Samsung's team tries to create a product that is better than competitors' alternatives using innovations that can attract prospects. Changes in technology or the way customers buy products can influence the types of competitive environments. For example, Amazon changed products' distribution and customer expectations. Introduced innovations influenced the number of consumer goods companies and opened markets for small firms that previously had no opportunity to compete with more prominent companies. Your business can find itself in different types of competitive environments. That's why it's critical to understand the difference between them and be ready to assess industry and market news, policy changes, and legislation. Resources: The article "What Is the Meaning of Competitive Environment?" on Small Business defines the term and explains the five elements of a competitive environment. The article "5 Competitive Analysis Frameworks Explained with Visuals" on the Alexa blog provides readers with five competitive analysis frameworks.
Competitive intelligence
Competitive intelligence (CI) is a process of collecting, analyzing, and using information about competitors or clients to improve competitive advantage. It helps understand the competitive environment, challenges, and opportunities and use data properly to develop effective strategies. In this article, we’ll review the importance of competitive intelligence, its types, and sources, learn how to conduct competitive intelligence, and explore several best practices and examples. Why is competitive intelligence important? The market changes all the time, so you need to stay ahead. You can’t build a successful business just on guesses and assumptions. With competitive intelligence, you can understand your competitors’ motivations and behaviors. Knowing their attitude and objectives allows you to shape your product development, pricing, and brand positioning. Competitive intelligence is the basis of your company’s strategy. It enables firms to gather data about the industry, environment, rivals, and competitive products or services and analyze them. CI helps: identify and analyze industry trends to decide on future moves; obtain knowledge and insights into expectations, trends, and technologies; analyze strengths and weaknesses; allocate resources more efficiently; improve ROI; boost the process of product launching; predict the steps of competitors; make the right business decisions. Now that you know about the importance of competitive intelligence, let’s proceed to its types. Types of Competitive Intelligence The main objectives of competitive intelligence are to allow a company to understand its market, make confident strategic decisions, and increase ROI. For these purposes, businesses use different types of CI. Competitive intelligence activities can be divided into two main types: tactical (a short-term process that strives to contribute to the solution of such issues as capturing market share or increasing profits); strategic (helps with long-term issues, including key risks and opportunities a company can face). Now that you know the main types, it’s time to move forward and explore the sources of CI. 7 Sources of Competitive Intelligence Social media platforms Sites of competitors Syndicated research reports Marketing tests Product reviews Pricing and packaging updates Changes in positioning and messaging We’ve prepared seven sources where you can find useful data about your competitors. So let’s review them. Social media platforms. Analyzing customers’ comments on different social media platforms enables you to compare your products with your competitors’ alternatives. Honest feedback can help you improve your products and services. Sites of competitors. Competitors’ sites enable you to analyze their products and services, provide you with insights into their business, and share information on their updates. Many tools can help you make a competitor analysis like SEMRush to monitor changes in competitors’ ranking or use Ahrefs to check any URL’s top organic keywords and determine how much traffic your rival obtains on them. Syndicated research reports. These reports are crucial since they provide data on growth forecasts, company profiles, market-related numbers, and trends. With the help of these reports, you can obtain an overview of your market, main competitors, and what makes them special. Marketing tests. Landing pages and A/B tests are particularly important as they allow you to have an insight into the plans of your competitors. By monitoring your rivals’ campaign tests, you can figure out what works best and what doesn’t need to be implemented. Product reviews. You can also analyze third-party product reviews. This information helps you determine what customers of your rivals like and dislike about their products or services. This way, you will obtain essential facts about competitors: their strengths and gaps. Knowing what consumers think about goods enables you to identify your opponents’ weaknesses and receive a competitive advantage. Pricing and packaging updates. Changes made to packaging and pricing also affect marketing campaigns. That’s why it’s critical to share them with internal teams, for instance, with sales. These updates show shifts in your rival’s strategy, for example, when they implement business expansion. Changes in positioning and messaging. It’s worth mentioning that if your competitor changes messaging or positioning, you need to monitor those changes. This way, you can gauge the direction of your rival. For this purpose, team members visit the competitors’ sites and focus on home pages, blog posts, landing, and product pages. You are aware of the primary sources of information now, so let’s consider several steps to conduct CI. How to Conduct Competitive Intelligence Research Identify direct and indirect competitors Choose the main focus areas Gather the necessary information Conduct a competitive analysis Share your findings Use the information to let your company benefit Although competitive intelligence is essential for every business, not everyone is well versed in this process. We’ve prepared several steps to help you get started. Identify direct and indirect competitors. First of all, you need to know your competitors. If you have a lot of them, identify at least your top five direct rivals. Afterward, determine your indirect (firms in the same industry that don’t compete with you for customers), aspirational (companies in the same industry that can provide inspiration for your business), and perceived competitors (businesses that can come up during the sales discovery process but don’t compete with you). Understanding your competitors means knowing your competitive environment. Choose the main focus areas. Once rivals are identified, it’s time to determine the areas you want to focus on for data collection. You need to gather all the information you can obtain online and from your front-line teams. It’s worth narrowing the search circle to process information more efficiently. Gather the necessary information. During this step, you have to explore your competitors’ sites, products, social media platforms, and content. Find detailed information about each of them. Conduct a competitive analysis. At this stage, your manager breaks down the information and pulls out the main trends and the most important data. Afterward, the information is organized in the right manner to convey it to all the teams. You need to create your competitors’ profiles and continue to track their updates: changes in products or services and customer reviews. Share your findings. To improve the strategies, share your findings with stakeholders. You can do it by conducting a meeting, sending emails, or using an internal chat. Store data on a reliable platform so that your team can access it easily. Use the information to let your company benefit. Make your data actionable for each of your company’s teams. Your marketing team can use it to start new marketing initiatives, while the sales team can use this data to improve scripts and sales processes. Let’s jump into the best practices. Competitive Intelligence Best Practices Companies have to obtain customer trust and provide excellent customer experience, and high-quality products to be successful. However, this process takes time and effort and requires collecting data about competitors and customers to know what to expect. CI is the key since it allows businesses to gather and analyze the necessary information. In this section, we’ve prepared three competitive intelligence best practices. Create competitive habits. CI is a constant process, that’s why it isn’t enough to collect data once. When you share competitive intel with your team, remember to do it wisely. There’s no need in sharing every new piece of information with little to no context with your sales team. Team members will spend a lot of time processing it, so it’s better to analyze how valuable these data points are first. Provide relevant insights. The timing of the insights can sometimes be critical. For example, your company’s team can face a lack of necessary data. That’s why you should have a channel for internal communication to share your insights and different updates on competitors and customers on time. Analyze your wins and losses. Companies often don’t know why they’ve won or lost a deal. They rely on accurate feedback from their sales reps, while it would be much more effective to interview their customers and see the notes in CRM. Let’s grab some inspiration from the examples below. Examples of Competitive Intelligence Each business needs to know its external environment to operate successfully. That’s why companies in different industries consider competitive intelligence in their strategies. Further, we’ll review examples where entrepreneurs use their knowledge of CI. Startups. Since large companies have big budgets, resources, and necessary technology, startups need to adapt to competitive intelligence insights. This way, they can understand their customers and offer better solutions. Let’s take Airbnb, for example. This company managed to satisfy the needs of clients by using technology and consumer insights. Airline tickets. A great example of using competitive intelligence is the way airlines do it. They change the prices of their tickets every day based on the information they obtain. For instance, if competitors increase the prices on a certain route, this company will do the same to receive good revenue. Besides, airline companies track the actions of potential customers to make price adjustments. For example, they spot users who search for the same flight details several times and increase prices. To improve their competitive advantages, brands need competitive intelligence since it increases their chances for success. They search for data on websites, reports, and customer feedback to understand the gaps and undertake several improvements.
Competitive positioning
Competitive positioning is a strategy that encompasses the marketing team’s efforts to differentiate a brand from its rivals. It helps improve the product’s value, customer retention and boost sales. In this article, we’ll uncover the importance and examples of competitive positioning. We’ll also discover how to create a competitive positioning strategy. Why is competitive positioning important? Every company strives to get more customers and, accordingly, more sales. Marketers develop various strategies to achieve the key goals. They revise existing tactics and prepare new ones. The main thing that attracts new consumers is the benefits one company can bring and others can’t. So to increase sales, businesses should provide unique and valuable offerings. This is competitive positioning. The ability of the brand to differ is essential in a market overcrowded with similar products. To gain a good position within the market, marketers pay attention to customers’ preferences, needs, desires, and current trends. The position depends on the product’s value and level of customer satisfaction. By increasing the value of your business and its product, you can boost sales. Reaching customers’ actual needs and solving their problems is a must for every brand. You can stand out from the competitors and even join the ranks of industry leaders. Now that you know the reasons why implement competitive positioning, let’s figure out how you can do it. How to create a competitive positioning strategy? If you aim at boosting your sales, you need to develop an excellent competitive positioning strategy. We’ll help you with that. Explore the following steps to do everything right and achieve your goals. Determine your key goals. If you want to track your goals and their achievement, you need to define them first. Work out a list of short-term and long-term goals. Consider gathering your marketing and management teams to deal with it. They will help you determine accurate goals you can reach with your business. Make sure that you know your market well. As a marketer, you should know the peculiarities of your company and the market it operates in. With deep market research, you’ll get to know the strategies to implement and find a perfect competitive position. Your team and customers will help you. Trends, competitors, and new products are the areas your should pay close attention to. Your task is to find out what companies and products clients prefer the most. Study customers’ feedback to unveil what they still lack in those goods. Identify and analyze your competitors. Competitors’ research is a must for those who want to improve their business and meet customers’ expectations. With the help of analysis, you’ll figure out the areas of your company you should improve. As a result, you’ll always stay relevant, up-to-date, and innovative. Your marketing campaigns will reach the hearts of your target audience. Set deadlines. To keep track of your progress, you need to set deadlines for every task, marketing campaign, and goal. Create a timeline to comply with the schedule. This way, you’ll know whether you succeeded in reaching goals within the time you expected. Define your perfect niche. When you are in your perfect niche, you can satisfy your customers by providing them with features others don’t have. Remember, your unique offer values a lot for consumers. You can market your products as unique and different from others within the right niche. You need to find things that make your brand exceptional and valuable. Now that the process is clear, let’s review some examples. They will serve you as a hint for your future actions. Examples of Great Competitive Positioning Strategy We can name hundreds of brands with outstanding examples of competitive positioning strategies. Let’s review a few to understand which points you can use to gain a good position within the market. Whole Foods Market The supermarket chain positions itself as one of the best grocery stores that offer only fresh, healthy, and quality products. According to the While Foods’ standards, people should eat well to live well, and that’s why the brand doesn’t sell products with harmful ingredients, colors, artificial sweeteners, and preservatives. Since more and more people care about their healthy diet, Whole Foods is among the best options. Patagonia Patagonia focuses on its values. The well-known clothing brand always stands for environmental protection, supports initiatives and movements that try to save it, and prevents people from harming nature. Their marketing campaigns are stunning, they help boost brand awareness and increase sales. “Don't buy this jacket” in 2011 aimed at helping our world by reducing the number of purchases. Patagonia encouraged customers to buy their clothes only if they needed these things. With its environmental initiatives and campaigns, the brand succeeded in retaining its competitive positioning. Axe The brand of male grooming products pays attention to the target audience, young teenage boys, and their needs. Axe is considered a way to become more masculine and charm girls. The focus on young men immediately provided the company with a strong differentiation and brand positioning. Even now, the product is associated with confidence and charm. Competitive positioning is essential to succeed, reach great sales volumes, and brand awareness. Hope our examples helped you get inspired.
Competitive strategy
A competitive strategy is a long-term marketing plan that companies develop to defend their market position and gain a competitive advantage. Why is having a competitive strategy important? The higher the competition in your industry, the harder it is to keep pace. When you enter a concentrated market, you should set a high bar, or else you won’t manage to compete with your business opponents, especially with those who sell similar products. To build a successful business in such a competitive environment, you should thoroughly analyze your competitors’ strengths, weaknesses, and advantages. Take into account all possible threats as well. Consider researching the needs, problems, and preferences of your potential clients to cope with this task. They can tell you what your current products lack so that you can enhance them accordingly. With a thought-out competitive strategy, businesses can make more informed decisions and constantly improve their products or services. In the next section, we’ll review the main types of competitive strategies. 4 Types of Competitive Strategies American academic and economist Michael Porter divided competitive strategies into four types. Check them out below. Cost leadership strategy. It suits large businesses that can produce a big volume of products at a low cost, and that is why Walmart implemented this strategy. It means that companies using a cost leadership strategy are the lowest price sellers on the market. Hence, the cost price of a product should be low to make a profit. This is possible with the help of large-scale production and high capacity utilization along with a variety of distribution channels. The competitive advantage within this strategy is the lowest price. Differentiation leadership strategy. This is a killer strategy that allows brands to stand out among competitors. It requires identifying a unique quality that makes a company different. With this strategy, businesses become superior to their rivals on the market, which allows them to charge more for their products. Starbucks and Apple belong to brands using this strategy. Cost focus strategy. This strategy is similar to the cost leadership strategy in terms of providing customers with the lowest price. The only difference is that a cost focus strategy implies targeting a specific market segment with its unique needs and wants. This way, it’s easier for companies to establish brand awareness. Companies using this strategy often concentrate their efforts on geographic markets with special needs. Differentiation focus strategy. Companies using this strategy also focus on specific market segments, but their driving force is the unique value. While cost focus strategy means providing the lowest price in a small niche, differentiation focus strategy means improving the product with the help of unique features that will make your company stand out on the market. For example, there are a few hotels in Egypt or Turkey for adults only. This way, people can relax and be sure that no child will bother them. Congrats, now you know why competitive strategy is worth considering, and you can choose the best one that will fit your business goals to step up your game.
Complementary product
A complementary product is an item that is bought together with the main product. These products are used in conjunction, so complementary goods often bring little value or can’t be used separately, such as petrol, SIM card, and baking powder. In this article, we’ll explain why brands use complements, show the difference between them and substitute products, and provide some examples. Why do brands use complementary products? To boost sales, retail stores often decrease the price of a basic item and increase the price of its complementary product. Such a bundle seems beneficial to consumers. Retailers analyze customer demand and place these bundles close to each other. This is how stores sell razors and blades, flour and baking powder, laundry detergents, and fabric softeners. Companies can increase their sales volume and revenue this way. However, complementary products have negative cross elasticity of demand. It means that if the price for the main item increases, consumer demand for its complement decreases since it often brings no value just by itself. Hence, companies’ sales volume decreases significantly, and retailers have to drop the price of the main item to cover the costs. Complementary products are sometimes confused with substitute products, so let’s make the difference between them clear. Complementary Products vs. Substitute Goods Complementary products are closely related to the main product. They often can’t be consumed alone. Therefore, the demand for the main product generates the demand for its complement. Marketers either sell them together or promote a complementary product after selling the main item. This way they can increase sales. Substitute products have the same features as the main product and solve the same problem. Hence, they can be used interchangeably. For example, customers can buy margarine instead of butter, Samsung Galaxy instead of an iPhone, and Xbox instead of Play Station. Consumers look for substitutes when the price for their desired product increases, as a result, the demand for this item decreases. Now you see the difference and realize the economic connection between complementary and substitute products. It’s time to check out some examples. Examples of Complementary Products We’ve already mentioned some examples of complementary products. These are goods that can’t be consumed without the main products, for example, a SIM card without a mobile device, gasoline without a car, baking powder without flour. Now we’ll share some examples of complements that are promoted together with their main product: mobile device accessories (cases); boot polish; tennis rackets and a ball; game consoles and games; hair straighteners and heat protection; laptop bags; cartridges for a printer; spices for meat and fish; laces for sneakers; DVDs for DVD players; bullets for guns; brushes for eyeshadows. Congrats, now you know why brands sell complementary items, realize the difference between them and substitute products, and know some examples of both.
Complete Guide to Facebook Marketing Tools
Facebook, as one of the largest social media platforms globally, has a wide user base with over 2.5 billion active users. Many sellers utilize Facebook for marketing and promotion purposes. There are numerous third-party tools available in the market to assist in Facebook marketing. Here, LIKE.TG has compiled a list of some Facebook marketing tools that can help you in your marketing endeavors.Below are some common categories and descriptions of Facebook marketing tools. Please note that the specific tool selection should be based on your needs and marketing goals.Advertising Management Tools:Facebook Ads Manager: The official tool for creating, managing, and monitoring Facebook ad campaigns.Facebook Business Manager: The official tool for managing and organizing ad accounts, pages, and permissions.Social Media Management Tools:Hootsuite: Manages and publishes content on Facebook and other social media platforms, tracks interactions, and provides social media analytics.Sprout Social: Plans and publishes social media content, manages interactions, and offers comprehensive social media reporting and analysis.Data Analytics Tools:Facebook Insights: The official tool that provides detailed data and analytics reports about Facebook pages.Google Analytics: A powerful tool for tracking website traffic and conversion rates, which can be integrated with Facebook ads.Marketing Automation Tools:Facebook Group Marketing: Collects Facebook group links based on keywords, performs bulk operations for adding accounts to groups, and sends group messages. It can skip private groups or wait for approval by answering questions manually.Facebook Fan Marketing: Adds targeted country-specific Facebook friends and sends private messages, or visits friends' pages to leave comments and messages, exposing advertising messages to a wide range of targeted country-specific fans.Facebook Multi-Account Management Tool: Allows login to multiple Facebook accounts and provides flexible management. It supports importing and exporting Facebook Cookies accounts.CrowSoft Facebook Software is a comprehensive Facebook marketing software with full functionality. The software supports fully automated operations through scripts, enabling batch management of Facebook accounts for marketing, traffic generation, and customer resource acquisition.These are just a few of the available Facebook marketing tools, and there are many other tools on the market. When selecting tools, it is recommended to evaluate based on your specific needs and budget, and choose the ones that align with your business goals and marketing strategies.The above information is shared by LIKE.TG, hoping to be helpful to you in understanding "Complete List of Facebook Marketing Tools." For more knowledge about Facebook marketing tools, visit LIKE.TG.
Concentrated marketing
Concentrated marketing is a strategy that involves a brand directing all effort and resources to develop and market a product for one specific segment of the target audience. This strategy is especially effective for small businesses as it helps obtain a good position in one marketing segment. Advantages and Disadvantages of Concentrated Marketing Concentrated marketing, the main purpose of which is to create an offer for one specific segment, comes with several benefits for small companies. The strategy allows small businesses and startups to function even with limited resources. Some other advantages of concentrated marketing include: the opportunity to analyze and understand the needs and wants of a select audience segment; a company can become a professional in meeting the needs of a certain segment of customers; cost-effectiveness due to the absence of mass production and mass advertising; more loyal customers if their needs are met. However, the strategy also has disadvantages. They are as follows: high dependence on customers’ preferences, a shift might result in decreased effectiveness for your marketing campaigns; risk of neglecting other profitable segments; risk of brand failure in the event of decreased product demand. Now that you know the advantages and disadvantages of concentrated marketing let’s compare this strategy with another one — differentiated marketing. Differentiated vs Concentrated Marketing The major strategies include differentiated, undifferentiated, and concentrated marketing. Next, we’ll take a closer look at differentiated and concentrated marketing to explore each of them and find the distinctive features. Differentiated marketing By using differentiated marketing, companies can appeal to two or more segments of their target audience or marketing segments through their campaigns. Brands target various well-defined customer profiles to create a wider customer base, increase brand awareness, communicate personalized messages, and meet customers’ needs. After creating special approaches for different segments of the target audience, company messaging is more likely to resonate with the unique needs of clients and you can expect even more benefits including higher customer loyalty, better business-customer relationships, and even more. Like any marketing method, this strategy has pros and cons. The benefits of differentiated marketing include fulfilling customers’ needs, increased customer reach, and more revenue. However, the strategy also has its cons. They are as follows: unstable brand identity and high expenses. Concentrated marketing Unlike differentiated marketing, concentrated marketing is presented as a single marketing campaign, single message, and a single product for one specific target segment. This strategy is the best fits startups and small firms as it enables them to find their ideal lead or niche. Also, a concentrated marketing strategy doesn’t require you as a business owner to spend a lot of money. Plus, by focusing on the needs of a very narrow group of customers, you’ll be able to build authority and become an expert in your niche. Concentrated marketing can be the starting point for your subsequent marketing strategies that focus on a wider target audience. The downside to this strategy is that it only works with one small segment. Hence, businesses might find themselves in a trap when it’s time to grow. This happens because companies typically stick to one unique value proposition and brand voice. Now you know that the major difference between the two strategies mentioned above is the number of segments they target. So let’s move to the main features of concentrated marketing. Features of Concentrated Marketing Concentrated marketing has features that help you understand the business models it best suits. A concentrated marketing strategy: can be implemented by small companies; helps companies focus, meet the needs and produce goods specifically for one audience segment; involves the efficient use of resources for production, distribution, and advertising; requires a company-expert in the market that knows the core product necessary to get into the niche market; can’t acquire a larger customer base. We’ve reviewed the features of concentrated marketing, so now let’s proceed to the examples. They’ll show you the successful implementation of this strategy by several world-known brands. Examples of Concentrated Marketing In concentrated marketing, brands usually select one audience segment and try to meet the needs of customers. Let’s review some examples from famous manufacturers to see how it works. Rolls-Royce The luxurious car manufacturer was established in 1904 in Britain, Rolls-Royce knows a thing or two about concentrated marketing. The brand has customers in more than 120 countries and is well-known for the quality and price of its cars. Rolls-Royce targets customers with liquid assets of at least $30 million. This car manufacturer reaches their clients using personally signed letters. The brand sells approximately 800 cars per year. Rolex The brand founded in 1905 is now considered one of the leading names in the watch manufacturing industry. Their promotional campaigns always include different famous, influential, successful athletes and artists who depict the brand’s target segment. Ads created by Rolex convey that successful, strong people with status wear Rolex watches. This shows that the watch manufacturer is targeting career-orientated people. Munchkin The infant and toddler company founded in 1991, Munchkin, specializes in manufacturing and distributing products for children. The brand creates products and chooses parents as their target audience. Additionally, the company creates articles on parenting for their blog. They target moms and dads using different strategies when they search for certain baby products and use mobile-friendly tactics to reach busy parents. Omega The Swiss watchmaker established in 1848 is famous for making some of the finest watches in the world. Omega is a world-known brand with a great reputation because their products have excellent quality, durability, and resistance. Their ad that features Rory McIlroy, a famous golfer, depicts the brand's ideal client — a successful, influential, and good-looking person. This personality has passion and expertise in sports or other industries. So, Omega targets customers who try to balance their family and career. Now you know about concentrated marketing, its advantages, and disadvantages which is essential for selecting a target market strategy for your business. The examples above will inspire you and bring your ideas to life.
Confirmation email
What is confirmation email Confirmation email is a kind of a transactional email sent to a customer after a certain condition is triggered. This email can be sent to confirm that a customer has placed an order at an online shop, subscribed to a newsletter, booked tickets, registered for a webinar. In LIKE.TG, you can send confirmation email automatically according to specific conditions and filters. Why should one send a confirmation email Email in itself remains one of the most effective tools when it comes to lead conversion. It is a very effective marketing channel and has a return on investment of (ROI) of $39.40 per email. Confirmation email, being an underdog among other types of emails has a couple of aces up its sleeve. These points might illustrate why email confirmation is important. Primary inbox Confirmation emails usually land in the primary inbox section. Increased CTR They provide information vital to the user which in turn increases a click-through rate. Opportunity to upsell This type of email is a great opportunity to upsell products and services along with useful information they contain. Anticipation Emails of such type are anticipated, which means they have a higher open rate. Triggered by customers' actions These emails are triggered by customers’ actions which means you can learn their behavior and preferences. Types of confirmation emails Order confirmation is an email sent to customers after they place an order on a business company website. With this email, a company confirms that the order is accepted and is being processed. Find out more in this article. Booking confirmation is an email sent to customers after they book something online. These can include plane tickets, hotel rooms, restaurant tables, travel package deals, etc. Registration confirmation is an email sent to users after they complete a registration process on a company’s website. These messages are also known as welcome emails. Subscription confirmation is an email sent to users after they go through the newsletter subscription process. These messages are also known as welcome emails and are often used to walk subscribers through double opt-in. How to set up email confirmation After the registration in LIKE.TG, it is really easy to set up your automated confirmation emails. Select the Automations tab and create new automation. Configure an automation flow by adding events, conditions and actions. Craft your own confirmation email or choose one from over 130 free responsive email templates. Review your settings and start your campaign. Email Confirmation Best Practices These are some basic but very important points to consider while creating your own confirmation email. Play around with your emails, A/B testing is a great way to see what works best. Wow your customer First impressions are important. The same goes for emails. Confirmation emails are the first to arrive to your customer’s inbox. Make reading your email a worthwhile experience. Make it short and sweet Online user’s attention span is getting shorter. You’ve got seconds to attract attention and say what you have to say. Stand out It is sometimes OK to use email templates but if you want to build your brand’s image - resort to your own design! It’s totally worth it. Be mobile ready More and more people tend to check their emails on the go. Make your own emails or use adaptive templates. They’ll look amazing both on your laptop and a smartphone screen. Incorporate your CTA Sure, confirmation email serves a purpose to provide transactional information, but why limit yourself? Upsell your products, invite your customers to join you on social media or offer a discount. It’s up to you. Just don’t over do it. Email Confirmation Examples Now, that we’ve covered main tactics to use while designing your own email confirmations, let’s see how different companies go through with their transactional emails. Order Confirmation Amazon provides all the necessary information concerning the order, in the same time they offer some magazine subscriptions based on a browsing history. Newsletter Subscription BuzzFeed keeps their newsletter subscription confirmation light and with a touch of humour. Also, they include a funny CTA button to have their subscribers double opt-in. Booking confirmation email Booking.com makes their confirmation email all about user convenience. The email has all the necessary information along with useful links to make changes to your booking and even a link to get directions to the hotel. Registration confirmation Blinkist keeps their registration confirmation email simple and elegant. They also ask the users to double opt-in and set expectations about their future newsletter frequency and content. Send a confirmation email
相关产品推荐