David Marinac’s Post

The Relationship Between Recurrence and Business Recurrence plays a significant role in various aspects of business, such as customer behavior, production processes, and marketing strategies. In customer behavior, recurrence reflects how often customers return, which is crucial for long-term profitability. In production, repeating processes helps ensure quality and reduce costs. Marketing uses recurrence by consistently promoting brands to influence customer decisions. Recurrence also shapes the sales cycle, where businesses continuously seek to resell to customers, strengthening relationships. Lastly, innovation and improvement rely on recurrence through repeated trials and refinements. Overall, recurrence drives business growth, continuity, and success.

🚀 Ask yourself this key question: What makes me different? 💡 Innovation is all about standing out from the crowd. Embrace your unique qualities and watch your success soar! https://hubs.la/Q02yHYRq0 #IndustrialMarketing #ManufacturingMarketing #Industrial #Manufacturing #IndustrialManufacturing #IndustrialSales #TechnicalSales #IndustrialSalesEngineer #B2BSales #LeadGeneration #OnlineMarketing

🚀 Ask yourself this key question: What makes me different? 💡 Innovation is all about standing out from the crowd. Embrace your unique qualities and watch your success soar! https://hubs.la/Q02z4fYY0 #IndustrialMarketing #ManufacturingMarketing #Industrial #Manufacturing #IndustrialManufacturing #IndustrialSales #TechnicalSales #IndustrialSalesEngineer #B2BSales #LeadGeneration #OnlineMarketing

Competition is not between a business and a business. Competition is usually between a value chain and a value chain. If you don’t control the entire value chain, you’ll eventually wither off or be acquired by someone who controls the value chain or be made obsolete by someone who controls the value chain. For example, if you sell T-shirts, you will be controlled by the manufacturer, who will be controlled by the raw material manufacturer who will be controlled by the one who owns cotton farms. If you are entering a business, you must eventually build your own value chain! Also Remember Your lack of self-belief is an insult to people who believe in you!

As the Bible says, "You shall know them by their fruit." When it comes to companies, it begs the question: what kind of fruit are you bearing? Are you more focused on selling new innovations or on solving customer problems? Both are important, but which do you prioritize? Let your customers know what you stand for and what they can expect from you. #customerfocus #innovation #priorities

🚀 Ask yourself this key question: What makes me different? 💡 Innovation is all about standing out from the crowd. Embrace your unique qualities and watch your success soar! https://hubs.la/Q02yJ6PN0 #IndustrialMarketing #ManufacturingMarketing #Industrial #Manufacturing #IndustrialManufacturing #IndustrialSales #TechnicalSales #IndustrialSalesEngineer #B2BSales #LeadGeneration #OnlineMarketing

When you’re struggling, it can be hard to look at your competition and wonder what they’re doing that you aren’t. They’ve found the secret sauce, and you want it, too. Well if there’s one thing we can say about mindsets, it’s that they are under your control. You won’t change your business just by believing you can, but you can shift your outlook, take different steps, and see the change take place over time. Even if things are dire today, a transformation of your business is possible tomorrow. Read more in our latest article: https://lnkd.in/gyVP8xmk #b2bmarketing #manufacturing #digitalmarketing

Also with a Suicidal Pricing Strategy 😁

A value chain refers to the full range of activities and processes that businesses undertake to bring a product or service from its initial conception to its final delivery to consumers, and even beyond, through after-sales services. Here's a breakdown of the primary components of a value chain: ✅𝐈𝐧𝐛𝐨𝐮𝐧𝐝 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬: Activities related to receiving, storing, and disseminating inputs to the production process. This includes material handling, warehousing, inventory control, and transportation. ✅𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐬: The processes of transforming inputs into final products. This includes manufacturing, assembly, testing, and packaging. ✅𝐎𝐮𝐭𝐛𝐨𝐮𝐧𝐝 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬: Activities involved in collecting, storing, and distributing the product to customers. This includes warehousing, order fulfillment, and distribution. ✅𝐌𝐚𝐫𝐤𝐞𝐭𝐢𝐧𝐠 𝐚𝐧𝐝 𝐒𝐚𝐥𝐞𝐬: Activities that help inform and persuade potential buyers to purchase the product. This includes advertising, sales force, channel selection, and pricing. ✅𝐒𝐞𝐫𝐯𝐢𝐜𝐞: Activities that maintain and enhance the product’s value after it has been sold. This includes customer support, repair services, and warranty and maintenance. Additionally, Porter identifies four support activities that help the primary activities to be more efficient: 🎯𝐅𝐢𝐫𝐦 𝐈𝐧𝐟𝐫𝐚𝐬𝐭𝐫𝐮𝐜𝐭𝐮𝐫𝐞 🎯𝐇𝐮𝐦𝐚𝐧 𝐑𝐞𝐬𝐨𝐮𝐫𝐜𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 🎯𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 🎯𝐏𝐫𝐨𝐜𝐮𝐫𝐞𝐦𝐞𝐧𝐭 Each of these activities adds value to the product or service and incurs costs. By analyzing these activities, companies can identify ways to enhance efficiency, reduce costs, and differentiate themselves from competitors, ultimately aiming to provide greater value to customers at a lower cost. #esg #Sustainability #CSR #GreenBusiness #ClimateAction #SustainableLiving #EcoFriendly #EthicalBusiness #SocialImpact #ResponsibleInvesting #CleanEnergy #CircularEconomy #SustainableDevelopment #CarbonFootprint #SustainableBusiness #ClimateChange #RenewableEnergy #FairTrade #ImpactInvesting #ZeroWaste #BusinessDevelopment #Entrepreneurship #Startup #SmallBusiness #SalesStrategy #MarketingStrategy #Networking #B2B #GrowthStrategy #MarketExpansion #CustomerAcquisition #LeadGeneration #DigitalMarketing #BusinessGrowth #StrategicPartnerships #SalesFunnel #ScalingUp #BusinessPlanning #Innovation #MarketResearch

FUNDAMENTALS OF HIGHLY PROFTABLE COMPANIES Repetition is Usually Redundant — Good communication works the first time. Pricing before Product – Plan Distribution First Sometimes Less is More – Limiting Distribution to Increase Profit Create Demand vs. Offering Terms Just because everyone in your industry offers payment terms doesn’t mean you have to, and offering terms is one of the most consistent ingredients in start-up failure. Focus on creating end-user demand so you can dictate terms. The product should the one and only solution and top of mind. Limit Downside to Ensure Upside — Sacrifice Margin for Safety §Don’t manufacture products in large quantities to increase your margin, unless your product and marketing are tested and ready for roll-out. In other words, only when you already have a proven demand and can forecast sell-through rate. Revisit Drucker — What Gets Measured Gets Managed: