Central Illinois Business Magazine
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Archive                           June 2008


MARKETING SURVEY

Survey says: people matter most
in marketing strategy


By Paul E. Donohue
CIBM Contributor
Published: Jun. 2008

What did businesses surveyed in Champaign County say was most important to their success? 61 percent of businesses surveyed said having the right employees was most important to the success of their organizations, according to a phone survey performed by Research Survey Service. It contacted 100 businesses in Champaign County by phone. The response rate was 37 percent.

Without good people, no business strategy can succeed.

What puzzles me is the component businesses chose as least important from a list that included human resources, sales, strategic planning and marketing--37 percent of the businesses surveyed chose marketing from that list. Now, that doesn't necessarily suggest you don't think marketing is important. I think you do. But from the list presented, if forced to make a choice, businesses said marketing was least important to the success of their business.

Why?

"Maybe the responses were skewed," said Jeffrey Kurtz, an adjunct professor in the College of Business at the University of Illinois who reviewed the results of the study.

Kurtz teaches an MBA class where students work with small businesses on real world problems.

"Nine out of 12 case studies this semester are marketing related," he said. In the years he spent consulting business owners prior to teaching, marketing was the biggest challenge for the majority of small businesses, he said.

Here's another surprise. Branding is the most important element to the success of your marketing plan. That's what a majority of business respondents selected, 37 percent of the total, from a list that included a strategic plan, return on investment, external communication and internal communication. When you consider that the purpose of marketing is to find, attract, retain and grow customer relationships, how you measure that activity, in the form of return on investment, would seem most important to defining success.

But that's the fun part about market surveys. You rarely obtain definitive answers. Almost always, the answers lead to more questions. And that's good. It forces you to probe further and ask more questions until you discover true insight about the customers and market you are trying to serve.

-Paul E. Donohue is an independent sales, marketing and communications consultant with 25 years experience as a media and marketing executive. He can be reached at pdo@pauledonohue.com. He partnered with Research Survey Services to conduct this survey.

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Fresh edition of CIB

By John Foreman

No matter how long I live in East Central Illinois, I never cease to marvel at the innovative and diverse nature of its business community. Innovators seem to flourish in every corner.

Don Dodson, the Champaign-Urbana News-Gazette's longtime business editor, was among those friends to whom we turned to put out this issue of Central Illinois' favorite business magazine while we continue our search for a top-notch editor. Many people pitched in to make this edition possible, and I won't try to name them all for fear of missing someone. My job is simply to look at the finished product and introduce it to you.

I don't think you'll be disappointed.

Where, for example, would you go to find a piggy bank in the form of a portable toilet or a box for a life-size Star Trek action figure? The answer is in Ogden and ShapeMaster Inc.

And would you like to try a brew that won a Silver Medal in the 2014 World Beer Cup?

You needn't venture farther than Savoy. You'll find that story on page 8.

All that, plus more and lots of fresh stats, are inside.

Best wishes for a 2015 as robust as that microbrewed ale.

John Foreman is the former publisher of Central Illinois Business magazine.