1092: Cutting Through the Clutter: Targeted Market Research, Competitor Analysis, and Insights from 30 Years of Entrepreneurship with Founding Partner of Liger Partners Eric V. Holtzclaw
How can thorough research transform your marketing approach? By diving deep into market trends, understanding consumer behavior, and analyzing competitors, businesses can identify strategic opportunities and craft messages that hit the mark. This way, companies can develop a marketing strategy that not only connects with their audience but also stands out in a constantly evolving market.
Eric V. Holtzclaw is the Founding Partner and Chief Strategist of Liger Partners, a marketing firm helping B2B companies cut through the noise, and the author of “Laddering: Unlocking the Potential of Consumer Behavior.” With over 30 years of experience founding startups and guiding companies to success, Eric has mastered the art of strategic marketing. He understands that with attention spans shrinking and messages proliferating, businesses need to deliver visceral reactions to stand out. Today, Eric shares insights on crafting an effective marketing strategy through research, understanding different skills required, the two types of entrepreneurs, and the importance of consistency.
Quotes
“Marketing is a combination of technology and understanding your user, so it's a good time to focus on those two aspects. If you have a background in both, you're very well-equipped to succeed in that space.” – Eric V. Holtzclaw
"It's always going to be a roller coaster. One minute you're way up, thinking, ‘This is amazing!’ and the next minute, you're wondering, ‘Oh my gosh, why the heck am I doing this?’" – Eric V. Holtzclaw
“The secret to success in life and business is consistency.” – Eric V. Holtzclaw
Takeaways
03:30 Establishing a strong marketing strategy before execution is crucial for creating authentic, effective marketing that stands out from the competition.
07:10 Successful marketing requires a diverse set of skills, including copywriting, storytelling, and SEO, to effectively reach and engage the target audience throughout a complex sales process.
10:43 Consistency in branding, messaging, and marketing channels is key to building a successful and memorable brand, as it helps the target audience recognize and engage with the company.
13:42 The two types of entrepreneurs - rectifiers and amplifiers - have different motivations and approaches, and understanding one's own entrepreneurial nature can help guide the business-building process.
14:32 Entrepreneurship is not for the faint of heart, and those who succeed often have a deep well of grit and determination to overcome the challenges and ups and downs of building a business.
Resources
- Liger Partners: Be Known for all the right reason
- Eric V. Holtzclaw on Facebook
- Eric V. Holtzclaw on LinkedIn
- Laddering: Unlocking the Potential of Consumer Behavior by Eric V. Holtzclaw on Amazon
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