Go To Market Plan Graphic Design
Go To Market Plan Graphic Design
Go To Market Plan Graphic Design
Graphic designing is a visual language that bridges the gap between ideas and understanding
given that it combines ideas, words and images to effectively communicate messages to
diverse audiences. Integrating graphic design as an aspect of our business enables us to
effectively communicate our values, products and mission to our target audience.
Professionally crafted graphic design materials, such as logos, branding collateral,
advertisements, and website layouts, establish a visually appealing brand identity. This visually
captivating presence enhances brand recognition, credibility, and customer engagement,
leading to increased sales, customer loyalty, and a competitive advantage in the market. By
investing in graphic design as a business, we can elevate our image, connect with customers
on a deeper level, and ultimately drive growth and success. To do this, we need to do the
following;
The market for graphic designing is quite vast and diverse, as it encompasses various
industries and sectors. Some of the key areas where we found out graphic designers are in
demand are:
4. PRICING STRATEGY:
For graphic design services there a 4 types of pricing strategies that we can use
Competitive pricing:
were we will check out what our competitors are pricing to figure out the going rate,
rather than focusing on the profit margin the strategy focusses on making the prices
compare with the other prices? Eg
- Set price slightly lower than that of the competition so we can attract
customers who are price sensitive. We can lower the cost and still actively
promote our special pricing; we can say that the product is economic and
accessible
- Set pricing higher If the products might be better than other products
- Offer a discount of 50% for 1st time customers or for a period of time and
increase it later.
Penetration Pricing:
This involve using a lower price to draw customers to our graphic design business, and
take away business from competitors who can’t effectively match that price then slowly
increase our price.
Price scheming:
this can be seen as starting with the highest price possible and later reduce the prices.
This works with big products like mobile phones
Value based price:
here is where we set the price based on how much our customers values our products.
This is done by;
- Listing what makes out product different and better. Hence our value
proposition
- Placing a financial value on those differentiating features and
- Communicating the extra values your products provide the customers which
is better explained in our value proposition.
Loss leader pricing:
Intentionally set the price of a product to a loss value to attract customers , this is when
we have more products to provide and we are sacrificing one product to sell another,
For instance, offering the gas delivery service at a loss to generate download but
offering graphic design at a moderate price to push income.
Bundle pricing:
we can sell two or more products together in a bundle there by reducing the price
Anchor pricing:
creating a slashed price and adding a price under it (that is, the price of the highest
graphic designer, slash it and then write a lower price.
This talks more about the information we want to send out the sample market. We could create
post that contain valuable information about our graphic designs and publish on the website
and on the app’s social media platforms.
IFLUENCER MARKETING
This involves getting someone with social media presence and drive drives a high engagement
rate to advertise our company products for us in exchange for a commission.
REFERAL MARKETING
This involve a mouth to mouth approach, where we can offer a percentage of income made
from someone’s referral as commission for every referral that someone does. We can equally
provide link options to existing customers offering them discount on a delivery for every
download they trigger.
SMS MARKETING
This involves sending text messages to users about our services and latest updates on our
services and build brand awareness.
PAID MARKETING
Paid advertising can help drive traffic to the app's website and increase downloads. We can
use Google AdWords, Facebook Ads, and LinkedIn Ads to target specific keywords. To do this
we will have to create compelling ad copy and eye-catching visuals to grab the attention of
potential customers. Monitor the ad performance regularly and optimize the campaigns based
on the results.
Having partnership in our graphic designing business us important for the following reasons