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For
those clients who want to create an integrated marketing plan or apply
the MW Fusion
formula, Step 1 is Discovery, which centers on client knowledge. Discovery
puts the information that a company already knows into a usable format
for integrated marketing. Missing information that is revealed during
Discovery identifies that additional research might be needed.
All companies, large and small, can benefit from research. Society today
has a need for real-time information, and business is no different.
“Our clients are concerned with the existence of threats and with
recognizing immediate opportunities,” said Bill White of the integrated
marketing firm MillerWhite, LLC. “They need answers now, and often
they don’t have the luxury of waiting months or spending millions
to assess their situation.”
MillerWhite’s approach to research is formula driven. The formula
is based on the premise that conducting several different aspects of research
as efficiently as possible creates a more complete overall picture of
the company’s environment and current situation and is more effective
than relying on extensive research in only one area.
Traditional research is quantitative, and it can take several months to
gather information and process the results. MillerWhite’s approach
is qualitative, seeking and comparing strategic data drawn from various
sources.
“Each research area is analyzed,” MillerWhite researcher Shannon
Clements explained. “The overall picture is created when we ‘connect
the dots’ from those different areas to create a picture of the
company’s overall position. The resulting comprehensive analysis
is greater than the sum of its parts.”
MillerWhite has developed eight different research tactics, including
surveys, interviews, audits and analyses, which help fill in holes in
information that may come to light after the discovery phase is complete.
“Formula-driven research is especially advantageous when a company
has no past research or documented data to build from,” Clements
said, “The resulting summary report is accumulative in that it combines
information from all the research performed to identify opportunities
and threats to the business.”
“For some of our clients, the research formula has uncovered areas
where even more detailed information has been necessary. The result is
an overall picture that will help the client build a marketing strategy
to capture opportunities or prepare for threats,” White said.
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