marketing

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Tuesday, January 5, 2010

Solar Marketing Transformation

Posted on 6:32 AM by Unknown
To many business owners, a goal of building a $25 million company appears to be too small. Venture capitalists look for a company that can grow to at least $100 million, and go public. Yet the facts argue that achieving just a $25 million level of business is a major achievement. For perspective, the average sales per business firm in the United States in 2006 was $338,000.

Only six in every 1,000 businesses achieve revenues of $25 million. The other 994 either fail, or peak at less than $25 million. Lack of focus on marketing transformation is at the root of much of the failure.

Marketing transformation is not rocket science but it's difficult for most CEOs to step away from daily operations to understand what it really means. Marketing transformation requires the continual redirection and renewal of your company that occurs from strategic adaptation to the environment. Since the solar marketplace is in constant flux, adaptation must continue without end.

The changing environment is a constant source of clues. Interpreting environmental clues requires judgment, analytical skill and creativity. For many solar suppliers, seeing the clues requires a perspective that is inconsistent with the need to focus on daily operations. Developing perspective is difficult for those whose consuming (and necessary) daily activities are concentrating on the latest order. So perspective is one of the most important qualities an observer can contribute to a company serving the solar/pv marketplace.

There remains the matter of will. For many managers, acting on fuzzy clues requires a leap of faith that is difficult to make, or that is resisted until change becomes inevitable. A continual, gradual transformation is less traumatic to the organization, provides higher returns and lower costs, and is preferable to the organizational disruption that affect some companies. The will to make continuing change occur is a prerequisite to breaking the $25 million barrier.
Email ThisBlogThis!Share to XShare to Facebook
Posted in marketing management, solar industry, Warren Schirtzinger | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • Marketing High-Risk Products
    Marketing a high-risk product is *vastly* different than marketing a consumer product that carries little or no risk. As everyone knows from...
  • How 1BOG Helps Make Solar More Appealing to Mainstream Customers
    We hear this topic discussed almost everyday in the solar industry. How do we reduce or eliminate barriers to adoption, and what programs or...
  • Solar Market Development
    The strategies historically employed to spur expansion of the solar (PV) market are almost always product oriented. They are typically base...
  • The Illusion of Cost Per Watt
    We have seen many times that a reduction in price often accompanies the acceptance of a product in the marketplace. But it is incorrect to a...
  • Akeena Solar's Market Research Raises Some Interesting Questions
    I was surprised by the remarks made by Akeena's VP of marketing (Gary Mull) in a recent interview with Seth Masia from Solar Today Magaz...
  • What's the Best Way to Expand the Use of Solar WITHOUT Government Subsidies? Put Solar on the White House?
    Whenever government support for solar declines, we are reminded of how important it is for renewable energy markets -- especially solar powe...
  • Reducing the Risk of Solar
    Solar energy is considered a long decision-cycle purchase. Due to the complexity of the sale and its financial components, consumers educate...
  • Is Solar in the Dead Zone?
    A simple graph of customer gain (x-axis) vs. customer pain (y-axis) highlights a dangerous place for technology-based products like solar/PV...
  • Meet the Gatekeeper of Solar's Mainstream Market
    The solar industry has been selling to an early market of innovators and early adopters for many years now. And there are still plenty of cu...
  • Smart Grid Standards Must Come First
    Technology adoption is all about standards. To succeed with consumers, one firm's gadget often has to work with other gadgets from other...

Categories

  • groSolar
  • Malcom Gladwell
  • market development
  • marketing communications
  • marketing management
  • product management
  • smart grid
  • SMUD
  • solar industry
  • solar power
  • solar product marketing
  • solar products
  • technology adoption
  • Tipping Point
  • vertical marketing
  • Warren Schirtzinger

Blog Archive

  • ▼  2010 (42)
    • ►  October (1)
    • ►  July (1)
    • ►  June (1)
    • ►  May (2)
    • ►  April (6)
    • ►  March (10)
    • ►  February (10)
    • ▼  January (11)
      • Creating Intangibles
      • Determining Intangibles in Emerging Businesses
      • Assessing Intangibles in Turn-Arounds
      • Determining Product Intangibles
      • Solar Market Leadership
      • Product Adoption Fundamentals
      • Intangibles Develop New Markets
      • Solar Product Perception
      • Solar Marketing Transformation
      • When Will Solar Go Mainstream?
      • About This Blog
  • ►  2009 (1)
    • ►  December (1)
Powered by Blogger.

About Me

Unknown
View my complete profile