Remove Focus Group Remove Franchising Remove Management Remove Marketing
article thumbnail

The Ultimate Guide to Starting Your Own Small Business

Strategy Driven

While naming your business and creating a logo is important, ever wondered how determining your business structure or crafting a detailed marketing strategy might affect your business? If you’re thinking of starting your own small business, you’re likely to have an idea of what you wish to sell or at least what your target market is.

article thumbnail

The Big Picture of Business – Community Relations and Cause Related Marketing Are Business Strategies, Not Sales Promotions: Determining the Right Kind of Tie-In Causes.

Strategy Driven

I recently stopped for lunch at a franchise restaurant. I support cause related marketing and have advised many corporations on setting up such programs. I went to their website, where franchise chains allege they want customer comments. I say it is not, and I’m an expert on cause-related marketing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Using Experiments to Launch New Products

Harvard Business Review

More than ever before, managers are using large-scale randomized controlled trials (i.e., One simple and often overlooked way for larger companies to experiment is to randomize the introduction of new products across a set of markets. As a result, Uber was able confidently to introduce Express Pool to many of its major markets.

article thumbnail

How a Public-Private Partnership Is Saving Lives

Harvard Business Review

But if corporations join the public sector in recognizing that this problem is a convergence of societal, economic, and cultural factors and apply good management practices to address it, we can bend the curve. Businesses gain their strategic focus from understanding the “customer” ? in this case, that’s the mother-to-be herself.

article thumbnail

The Big Picture of Business: The Colonel and Me

Strategy Driven

The second was at what was the fourth KFC franchise to open in the United States. There became too many competitors, too much franchising, too much hype and just as many who exited the industry as quickly as they entered it. ’ I commissioned focus groups. Fast forward 20 years to 1979. Its CEO (John Y.