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Home » Brand Promotions | Brand activations | BTl Agency in Pune | Relationship Building with Various Stakeholders

Brand Promotions | Brand activations | BTl Agency in Pune | Relationship Building with Various Stakeholders

    Brand Promotions | Brand activations | BTl Agency in Pune

    Fulcrum marketing consultants, direct marketing specialists, staffing recruitment advisors, and brand marketing coordinators have decades of collective experience. We do not hire green, fresh out-of-college graduates and only seek premium talent from the diverse fields of the marketing industry. Our process of hiring, training, delegating and assigning specialists to individual projects has enabled us to become the most admired full service marketing agency in the world.


    Staffing And Execution

    With fulcrum representing your company, we will build relationships with your ideal customers through personable interaction, instilling the values of your company and brand into the hearts and minds of your target audience.
    When considering staffing recruitment, finding the perfect event talent for your tradeshows or demos can be difficult. With experiential marketing and promotion marketing being the conversion driving juggernauts that they are, having appropriate event talent to represent your company is imperative.

    staffing & execution program allows the best talent of our agency to represent your business in any direct marketing environment. Our field teams are well depth communication specialist that know how to relate to individuals on a personal level.

    Fulcrum staffing recruitment process is second to none in the experiential marketing and promotion marketing industries. Our event talent teams are well-rounded communication specialists with years of direct marketing experience that know how to relate to individuals on a personal level.

    Only experts in customer engagement and user experience are employed and Fulcrum will select and delegate the proper event talent to promote your brand or products in the most engaging and efficient ways. Your Fulcrum Account Executive will oversee the operations and be available 24/7 to act as a liaison to ensure flawless execution.

    What we do

    Every day we create, manage, and measure strategic activations with detailed granular reporting on the activation metrics, such as samples delivered, foot-flow, reach, and engagement. Our in-house resources offer a concept-to execution approach.

    Brand activations

    Ideate, build, engage, report.
    We have 12 years’ experience delivering world-class, 360-degree activation solutions, and our in-house resources offer a concept-to-execution approach. We create, manage, and measure strategic activations with detailed granular reporting on the activation metrics such as samples delivered, foot-flow, reach, and engagement.

    Best used for brand awareness, product launches, reaching sales and sampling targets, real-world customer feedback, exhibitions and conventions.

    Experiential marketing

    Immerse them in your brand.
    Experiential marketing is a disruptive tactic and when strategically utilised has the power to create meaningful experiences for consumers. Our secret: we take advantage of all five human senses to leave a lasting impression.

    Best used for brand hype, talkability, increased reach, and real consumer engagement, both in-person and digitally.

    Event management

    We’ve got you, beginning to end (and pretty much everything in between).
    Event logistics requires a very unique skill set, and we’ve got ’em in spades. We’ve earned our school fees through national sponsorship sporting events, music festivals, artisanal markets, international brand launches, and roadshows. We live in the details but our approach is holistic – only the best results for your brand will do.

    Best used for all types of events, including large scale brand and product launches, sporting events, music festivals, National and International trade shows and roadshows, bespoke corporate events, and year-end functions.

     

    Relationship Building with Various Stakeholders

    Relationship Building with Various Stakeholders

    The key to building a strong stakeholder relationship is communicating effectively with all stakeholders.

    LEARNING OBJECTIVES

    Diagram the relationship of stakeholders, both internal and external, to a company including proper methods of communication

    KEY TAKEAWAYS

    Key Points

    • Stakeholders are involved in and/or affected (negatively or positively) by the outcome and impact of an action, project or program.
    • Internal stakeholders include stockholders, customers, suppliers, creditors, employees, etc. External stakeholders include the general public, communities, activist groups, the media, etc.
    • Marketing communication can be divided into internal flows and external flows directed at different target audiences. This necessitates different yet compatible communication strategies.
    • Preparing a communication plan involves five key points: defining the audience, defining its requirements, building a communications schedule, defining a medium of communication, and preparing the content.
    • It is important to create a written report after any stakeholder discussion.

    Key Terms

    • stakeholder: a person or organization with a legitimate interest in a given situation, action, or enterprise
    • direct mail: Alternative expression for junk mail. Direct mail practices are often refined into “targeted mailing,” where mail is sent to select recipients considered most likely to respond positively.

    Defining Stakeholders

    Stakeholders are involved in and/or affected (negatively or positively) by the outcome and impact of an action, project or program. Stakeholders can be divided into two main categories:

    Internal Stakeholders are engaged in economic transactions with the business. (For example, stockholders, customers, suppliers, creditors, and employees)

    External Stakeholders are affected by or can affect a business’s actions without being directly engaged in the business. (For example, the general public, communities, activist groups, business support groups, and the media)

    Types of Stakeholders

    1. People who influence an endeavor but are not directly involved with doing the work. Examples include managers, suppliers, or the financial department of an organization.
    2. People who are affected by any action taken by an organization or group. Examples are parents, children, customers, owners, and employees.
    3. An individual or group with an interest in an organization’s success. These stakeholders influence programs, products and services. An example of such a stakeholder is one who owns stock in the organization.
    4. Any organization, governmental entity, or individual that has a stake in or may be impacted by a given approach to environmental regulation, pollution prevention, energy conservation, etc. The environmental organization Greenpeace would be an example of such a stakeholder.
    5. A participant in a community mobilization effort representing a particular segment of society. Examples include school board members, environmental organizations, elected officials and chamber of commerce representatives.

    Communicating with Internal & External Stakeholders

    Marketing communication can be divided into two flows directed at different target audiences. This necessitates different yet compatible communication strategies. A company cannot be telling a customer one story and stockholders another.

    A chart that shows marketing communication based on external flow (customers, resellers, companies, and publics) and internal flow (employees, stockholders, and functions).

    Marketing Communication: Marketing communication uses different yet compatible communication strategies based on the target audience.

    Planning

    Preparing a communication plan involves five key points:

    Defining the audience: List the key stakeholders needing information about the course of events in the project.

    Defining the requirements: Answer the question, “What do key stakeholders want to know?” This question should be answered according to the audience’s level of knowledge.

    Building a communications schedule: A flexible yet consistent schedule should be prepared and verified by the audience.

    Defining the medium of communication: Presenting the information smoothly is important, especially for stakeholders. While they are not involved in the project, they need to know what is going on. An appropriate medium should be selected to ensure the information is delivered successfully.

    Preparing the content: The content should include the purpose company, the steps involved in meeting company goals, and the roles and responsibilities of team members.

    Tools & Techniques

    Communication can be in different forms including:

    • Direct mail or online informational output
    • To management in the form of e-mail or discussion forums
    • To stakeholders in form of advertisement or public relations

    The key to building a strong stakeholder relationship is communicating with all members of the company. Stakeholders should have a clear idea of a company’s strategy. After any stakeholder discussions, it is important to create a written report of what was discussed. The report can have information on various projects, goals or new initiatives. The report should be detailed yet concise:

    1. It should show the structure and analysis of the budget.
    2. Profit/loss analysis and direction of the company should be summarized.
    3. The knowledge of all these steps are important for stakeholders to understand their involvement in the process.

    The Dynamic Environment