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Expert
MenuZoltan Lukac 20+ yrs marketing, sales and general management.
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ZL$4.17/min per minuteNew ArrivalBusiness, Brand, Product and Service Development.Zoltan Lukac • Berlin, GermanyCreated 7 years ago in Business / Getting StartedIdentify competencies and capabilities that can be leveraged to address a significant market opportunity and align resources to meet short and long term plans.Zoltan Lukac Berlin, GermanyNew Arrival
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ZL$4.17/min per minuteNew ArrivalNew Market Entry and InternationalizationZoltan Lukac • Berlin, GermanyCreated 7 years ago in Business / Getting StartedMatch new market opportunities with companies’ business competencies and growth capabilities, develop and execute market entry plans and establish necessary partnerships.Zoltan Lukac Berlin, GermanyNew Arrival
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ZL$4.17/min per minuteNew ArrivalStrategic Marketing and Brand DevelopmentZoltan Lukac • Berlin, GermanyCreated 7 years ago in Sales & Marketing / BrandingGrow brand equity by driving sales and profitability via excellent delivery of brand value proposition and customer/consumer brand engagement and loyalty.Zoltan Lukac Berlin, GermanyNew Arrival
- Answers 2
Ali M's advise is right on. Given you're a start-up, therefore, an entrepreneur, I add: YOU are the most "affordable marketing expert" your start-up can hire! In addition to that realization:
- How much marketing investment (that includes the overhead) can you afford in your 5-year business plan? Add 10% and go for it.
- Do you have a top marketing strategist on your advisory board? It's likely to be the best value for money you will be able to get.
Jason K's answer hits the nail at every point! Just to add:
- Are you in a growing segment and did you sign up with the right brand and franchisor? If you didn't, don't throw good money after bad money and get out as unscathed as you can and move on. You can't change those factors.
- If you have scale (more than say 10 locations?), use it to your advantage and build the best team you can afford.
- Does your store GM have clear KPI's, among them Transaction (Tx) and Average Guest Check (AGC)?
- Map your 5 minute universe and own it with Local Store Marketing (LSM), not just flyers, but true community engagement.
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