Tag "strategy"

How Strategic Alliances Can Increase Profitability, Part 4: What This Means For Your Messaging

March 3, 2020
New York City Times Square brand signage and advertising on buildings

Congrats, you’ve made it to the final installment of this marketing mini-series.  Hopefully by this point you’ve familiarized yourself with the thinking behind strategic alliances (Part 1) and browsed some of their more common varieties.  These include licensing, sponsorship, and ingredient branding (Part 2) and well as joint promotions and co-marketing (Part 3).   It’s…

Tags: Partnerships, Strategy

How Strategic Alliances Can Increase Profitability, Part 3: Joint Promotions and Co-Marketing

February 24, 2020
Red Bull can and GoPro camera as part of a co-marketing brand partnership

Welcome to Part 3 of a four-part series on business building through strategic alliances.  Part 2 introduced three common types of alliances:  licensing, sponsorships, and ingredient branding.  Today, we’ll look at two more:  joint promotions and co-marketing.   Joint Promotions By definition, a promotion is usually temporary in nature.  The goal is to create a…

Tags: Partnerships, Strategy

How Strategic Alliances Can Increase Profitability, Part 2: Licensing, Sponsorships, And Ingredient Branding

February 10, 2020
Yankee stadium corporate sponsorship signage in the outfield

As we established in Part 1 of this four-part series, strategic alliances are a force to be reckoned with.  These partnerships can boost results for businesses looking for creative ways to stoke leads, grow awareness, and ultimately generate sales.   Alliances come in all shapes and sizes.  Five of the most common arrangements include: Licensing…

Tags: Partnerships, Strategy