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Jay Abraham
Marketing Strategy
Diagnostic Assessment Results
VOLUME I
This 1500+ page report contains the
confidential results of a survey of over
3000 business owners and entrepreneurs
on marketing strategy and the implications
on their business.
I
guarantee
it will change the way you
think about your marketing strategy.
© 2003 The Abraham Group – All Rights Reserved.
From The Desk of…
Jay L. Abraham
Subject:
Marketing Strategy Survey Results
Dear Business Owner and Entrepreneur:
In all my wildest dreams, I never expected what I discovered.
I think you will be amazed too.
In preparation, research and development of the Strategy Setting Super
Summit, I received over 3000 email responses to my request for people to
complete a marketing strategy questionnaire/survey. Over 3000 entrepreneurs
and business owners took the extraordinary time and effort to answer 89 very
penetrating and provocative questions, to satisfy my hunger to understand the
relationship between a well formulated and properly executed strategy AND the
success of a business.
If you were one of those who responded,
I thank you
. If you were on of
those who responded, I’m sure you were rewarded by the profound insights you
received from filling out your own questionnaire. Many, many people have told
me what a totally illuminating experience it was for them and how it began the
transformation of the way they thought about their own strategy and their
business.
I hope you were one of them.
What follows is the cumulative efforts of hundreds of man hours of
organization, tallying and documentation. These three 500+ page volumes and
over 1500+ total pages contains hundreds of ideas, insights and experiential
wisdom. Every page is crammed full of ideas and techniques you can apply to
your business. I am offering it to you to learn from and take highest advantage of.
.
Then--- when you are finished reading this massive document, and you’re
ready to take the next step in the development of your strategy and your business,
I urge you to pick up the phone and call Carl Turner at
1(888)818-8878 or
1(310)944-9106
. Or email him at
cturner@covad.net
. Tell him you have finished
reading the survey results and you now understand what a precarious position you
are in by not having a fully formulated strategy and what a tremendous difference
it will make to your business and bank account. He’ll know exactly what to do
next in your situation.
And lastly, remember this: Your business and success
must depend
upon a
strategic foundation. Few businesses can sustain themselves indefinitely by being
tactically focused and reactive. If you do not have a marketing strategy or do not
know how to formulate one again I urge you to call Carl. We’ve made it extreme
easy and pain less for you to remedy the situation.
Your greatest fan and admirer,
Jay L. Abraham
PS:
Keep in mind, not every one person answered every question. Many people
left lots of the questions blank. Their reasoning was simple: Sadly, they couldn’t
understand the question enough to formulate a well thought out response.
They candidly and honestly admitted to me that they just didn’t know what
certain terms meant or what I was referring to in the question.
That’s ok. But it drives home the point I have been making---
Over 95% of all
business owners do not understand marketing strategy and its implications
on their businesses
.
Table of Contents
Pre-Assessment Pop Quiz ....................................................................................................1
Question 1. I know the difference between strategy and tactic. .........................................3
Strategy means:.................................................................................................................3
Tactics are:......................................................................................................................22
Question 2. I have an overriding business strategy driving all my business
activities---specifically all my marketing activities. .................................................40
My business strategy is...................................................................................................40
My master marketing strategy (which is different from my general business
strategy) is : ....................................................................................................................60
The Elements, Pillars, or Foundational “Pylons” supporting My Marketing
Strategy are:....................................................................................................................77
Question 3. My marketing strategy is based on the following key strategic/tactic
objectives: .................................................................................................................95
Question 4. My business vision for my company is: ......................................................118
Question 5. How many different applications do you have of every marketing
tactic you use? I.e. 22 different referral generating approaches/methods...............143
Question 6. Demographic Information ...........................................................................164
What industry are you in?.............................................................................................164
What is your specific product or service? ....................................................................178
How many full-time employees do you have? .............................................................200
What is the size of the company in revenue? ...............................................................202
How much money do you spend on annually marketing including all media,
marketing programming, management & salespeople’s salaries & commissions?......208
Question 7. Do you know the difference between an approach/method or system-
--and a strategy? ......................................................................................................217
Question 8. What books or people have influenced your strategic thinking? ................229
Question 9. On a scale of 1 to 10 Is the reason you haven’t done more with my
body of work and have been more successful because you lack the specific
tools, examples, sales letters, ads, & scripts to implement and customize to
your own business? .................................................................................................257
Question 10. If your answer is less than 10 (true/accurate), what are the OTHER
reasons you haven’t done more with my body of work and have been more
successful? ..............................................................................................................258
Question 11. On a scale from 1 to10 if you had at your disposal marketing tools
such as ads, scripts and sales letters, would that make it easier for you to
implement your marketing strategy? ......................................................................282
Question 12. If you have a marketing strategy plan in place explain how each/all
of your marketing tactics integrate and combine to deploy or execute your
main/big strategic objective. ...................................................................................283
Question 13. What’s your company’s competitive strategy in a nutshell?.....................304
Question 14. Do you have a strategy of pricing or is it just done arbitrarily and
tactical? ...................................................................................................................326
Question 15. Do you link your people’s performance and compensation should
linked to your strategy. ...........................................................................................333
Question 16. Do you analyze anyone else’s marketing strategy? If yes, who, and
what did you learn? How did you use it?...............................................................335
Marketing Strategy Diagnostic Assessment Results
Table of Contents
Question 17. What’s the most revolutionary marketing strategy you’ve ever seen
a company use? .......................................................................................................355
Question 18. Do you regularly plan your marketing strategy and execution or is it
just reactive on your part.........................................................................................374
Question 19. What mindset defines how your business currently markets and
competes?................................................................................................................378
Question 20. Do you think you’re having trouble with your business or marketing
strategy and if so where, how, and why? ................................................................397
Question 21. Does your business have a solid growth strategy in place? If yes,
describe what it is....................................................................................................420
Question 22. Describe what you think the world’s #1 business strategy might be. .......432
Question 23. Do you have a separate sales strategy that’s distinguishable from
how you market? If “yes” briefly describe below. .................................................450
Question 24. Do you have a unified marketing strategy that controls and integrate
all the tactics you deploy?.......................................................................................456
Question 25. Do you have a brand driven business? ......................................................458
Question 26. What’s your e-mail marketing strategy in a nutshell?...............................462
Question 27. What competition forces do you think most shape YOUR marketing
strategy? ..................................................................................................................478
Question 28. Do you apply any military strategy to your business or marketing to
achieve greater success? If so, what are they and how do you use them? ..............497
Question 29. Do you have a winning business strategy you follow ? ............................504
Question 30. How do you communicate your marketing strategy to the people
who work for you? ..................................................................................................513
Marketing Strategy Diagnostic Assessment Results
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