Insight  
Cooking up a Marketing Strategy
June 24, 2024

Different restaurants may serve up the same dish but the plating, accompaniments, and overall taste usually differ. Homecooked meals that are considered classic and familiar within a culture also become unique to every household — and it’s not unusual that families claim to have the best version based on secret recipes passed down for generations.


Marketing is much like cooking. It is unique to its home. It is influenced by who, how, and where we are. It's unique to what we want, what we can, and what is important to us.


So while there are basic ingredients, techniques, and tools to consider in cooking up a marketing plan for any product or service, there are several other factors to consider in ensuring a distinctive and successful campaign. 


First, ask the question: What do I need?


In food, it is primarily about filling the need for nourishment, and that may be extended to indulging in a craving or simply for experiencing culinary joy. In business, marketing needs to achieve a target.


There are millions of ways to satisfy hunger as there are millions of ways to achieve a commercial target. So we look at the next question: What do I have?


When planning a meal, you must check how much money you have, what ingredients are available, what tools can be used.


Similarly in coming up with a marketing plan, you need to check your budget, who and how much talent is available, and what tools are on hand.


After those factors are determined comes the question: What can I do?


In cooking, when there is little money or limited ingredients, improvise. Adjust the recipe to what you have in order to get what you need. A slice of bread topped with ketchup and cheese could be filling enough and even satisfy a craving for pizza.  


In marketing, if you cannot afford to communicate through an ad in different types of media or sign up a brand ambassador, there is always the less costly option of putting up a website and tapping different social media platforms to promote the product or service. Through this latter strategy, it is also possible to achieve targets.


Many businesses make the mistake of failing to craft their own marketing strategy, developing their own way of cooking, and making their version of a ‘homemade’ recipe.


That mistake could be because of not knowing they have to, or maybe don't want to, or perhaps don't know how to — and that could be learned, or even refreshed by those who have long been in the marketing kitchen.


In Acumen’s Marketing Excellence Program (MEP), “marketing chefs” craft a homemade recipe for and with each client’s “family” -- assessing what they need, enumerating what they have, and strategically planning what they can do based on what they have to achieve their targets. It’s a highly customized program tailored to who, how, and where the home is.


In one MEP session for a global FMCG (fast-moving consumer goods) giant, for example, even very senior brand experts were there to listen and participate.


And that is how seasoned home cooks or well-trained chefs or experienced marketers continue to excel and dish out good stuff — they don't just keep learning, they also learn from good teachers.


April 18, 2026
Buying a property requires serious money and as such, people need assurance that their investment will grow and that they will be part of a thriving community that aligns with their values and aspirations.
November 12, 2024
A strong brand strategy is the backbone of effective brand architecture. As companies grow and expand, defining a clear brand strategy provides focus and direction.
October 30, 2024
Overextending your brand into unfamiliar markets or products can alienate loyal customers, especially if the expansion seems like a blatant cash-grab rather than a well-thought-out strategy.
October 16, 2024
Acumen’s objective in capability building through its Business Insights Academy™ and Marketing Leaders Academy™ is to impart knowledge to participants through relevant and value-adding modules so that they can apply their learnings in their day-to-day work.
September 17, 2024
Acumen Tribe members spend time away from work, engaging in a shared experience of bringing a little joy and kindness to Bahay Kanlungan’s elderly.
September 12, 2024
Major real estate developers have now made their presence felt in these growing suburban areas, pushing for differentiation and dominance as interest and excitement grows in new markets, trade areas, and upcoming economic zones.
September 4, 2024
Route-to-Market (RTM) is critical in the Philippines where traditional trade is sizeable, requiring a massive distribution network utilizing an optimal mix of own salesforce, distributors and wholesalers.
August 15, 2024
What does it mean to be an effective commercial leader and how important is the role for a company? There are lessons in the sport that has come to be known as the beautiful game.
August 13, 2024
A clear and compelling Purpose will attract customers to your products and services, and equally important, it will align and inspire your people to work collaboratively towards serving the Purpose of the business.
August 9, 2024
One of Acumen’s associates writes about his experience working with senior consultants — and what he has learned so far.
Show More