Marketing and Strategy for Enterprise Technology Companies  
        Based on his long experience
        observing and advising enterprise (and some consumer) technology companies, Curt Monash
        has distilled some general principles of strategy and marketing.   A few of these are outlined below.  
        Multidimensional Positioning of Enterprise Technology   
        Traditional marketing concepts typically share a common
        set of assumptions, namely that markets consist of simple-minded buyers making irrational
        buying decisions.  In the business of selling
        complex enterprise technology, however, these assumptions are so inaccurate as to render
        those consumer-oriented concepts almost meaningless.
           Key factors to consider in technology positioning strategy
        include:  
        
          Enterprise
            purchases of expensive complex products are validated against a broad range of buying
            criteria, making product and vendor positioning inherently multidimensional. 
           
          Every
            contender is positioned  sometimes involuntarily -- according to the same set of dimensions. 
           
          Messaging
            strategies that support certain parts of your positioning can undermine you in other
            dimensions. 
           
          Competitors
            can and do undermine each others positions. 
            Message choices are moves in that game.  
           
         
        Branding and Potlatch
        Marketing    
        Enterprise technology branding basically equates to diffuse messaging that is relevant to enterprise IT
        buyers.  In practice, this falls into four
        primary categories:  
        
          Image marketing to create an impression of overall leadership and success.   
           
          Brand extension, in which a leader in one category
            seeks to leverage that leadership in a related area. 
           
          We get it messaging, positioning the
            company as particularly clueful about, e.g., the needs of a specific customer industry, or
            about a particular computing platform.  
           
          Fun-based marketing, often geared to
            hard-core techies and hackers rather than to the blander executives who make most IT
            purchases. 
             
           
         
        The most important of these is the first.     
        For more information,
        please contact Curt Monash. 
        To reach Monash Information Services by phone,
        please call 978-266-1815.  
         
          
          
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        Updated: 05/11/04   |