V M Traders

     

Harnessing the Power of Electronic media for the Print media

 

“New” marketing 


We are living in a world of change.  Today low cost computing and communications tip competitive advantage towards called value-added partnership (VAP).  In the VAP concept each small operating company focuses on doing just one step in the value-added chain.  Therefore, each unit can tailor all aspects of the organization to this single task.  Personnel, plant and equipment, compensation schemes, carrier tracks, accounting systems and management style are all very dependent on the work to be done.

All this has to be backed up by new marketing approaches in three main directions:

-    Create extra value for the client,

-    Communicate this extra value,

-    Implement the extra value for the client. 

Thus the following needs result:

* Marketing mentality must penetrate all functions within a company
  (sales, order processing, production, distribution).

* Marketing teams must understand the client much better than the client
   understands himself.  The way to gain better understanding of the
   market situation is through better knowledge of the client’s requirements
   through better know-how in new technology and through better
   utilization of printer skills developed from problem solutions of the client.


* Extra product value should increasingly consist of client problem
   solutions. 

* Competition in extra value beats competition in price.

* Creation of added-value services (multifunction) allows the client to draw
   on the know on the know-how of the vendor and, therefore, can be used
   to build up a secure client relation.


* Added-value thinking should be an important issue, even in departments
   with little client contact, to match product development to ensure  
   sensitivity for client  problems.
                                          
    Know-how and manufacturing capacity for such value-added services need not always be generated within one company.  More and more price-competition EDP and communication opportunities and growing network potential for equipment and systems in print communication (text and image processing systems) are allowing a coalition of small and independent companies into what are nowadays called value added partnerships.  Such coalitions of well-matched companies are able to take advantage of value-adding processes. Those companies have a higher competitive edge in innovation than larger competitors.
    Examples may also be found in other industries such as in the automobile manufacturing business.  Value-added partnerships are combining the advantages of large companies’ throughput and market position with the flexibility, creativity and low administration costs of a small company.  New strategies are emerging to be evaluated not only by small but particularly medium and large companies and groups.

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