Are Industry Analysts Important? A case for Industry Analysts
One of the best and fastest ways for a firm to get
its story out in North America is to go talk to the analysts that
track the industry. Forming relationship with key analysts is also
important for several additional reasons.
Analysts have a unique view of the market that they
get from advising vendors and enterprises on technology plans. Because
of this, they are a superb sounding board for marketing messages
and are usually happy to be of help.
Since they are in business of advising vendors and
enterprise customers on technology they are well briefed on the
emerging trends in the marketplace. They gain much of their expertise
from Vendor Briefings and are therefore interested in them. A good
analyst meeting is an exchange of information where both parties
win.
They are interested in providing consulting services on a variety
of very important and helpful topics, from ROI studies and Case
Studies to Market Surveys and Messaging Advice. Different analysts
have different skills and therefore contracts should be signed with
different analysts for each task, based on their expertise. Forming
a relationship with several analysts provides a broader scope of
input and maintains mindshare with the analyst as they advise their
enterprise customers. It is also true that as they focus on the
performance of a contract, they become more familiar with the company
and its products and are in a better position to explain it to their
enterprise customers.
Taking time to brief the analysts in a particular
industry is time consuming. Because of this it is often neglected
or done in bursts. This is because executives charged with this
task are busy building the business and selling the company and
its products. An executive consultant working with a good PR firm
can often gain sufficient insight to a company and its technology
to be able to do much of the work on their behalf. In this way,
executives can focus on orchestrating the information rather than
on its delivery.
Alferaz Executives are ready to help your firm develop
a comprehensive marketing plan with a cost effective industry analyst
element.
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