Marketing Flashcards

1
Q

What ARB standard does Marketing relate to?

A
  • Standard 3 - ‘promote your services honestly and responsibly.’
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2
Q

Name 4 challenges of marketing

A
  • architectural services are complex
  • lack of trust from Client
  • architectural services are expensive
  • long sales cycle
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3
Q

Name 9 typical examples of marketing

A
  • seminars
  • research papers
  • TV / radio
  • email / newsletters
  • exhibition stands
  • advertising
  • webpage
  • printed brochure
  • editorial cover in press

(Final 3 are most popular)

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4
Q

Name 3 marketing strategy aims

A
  • attract new clients
  • retain clients
  • attract staff
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5
Q

How can a marketing strategy be implemented?

A
  • change
  • plan
  • resource
  • monitor
  • maintain
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6
Q

How much percentage of profit does RIBA guidance say should be spent on marketing?

A

1 to 2 %

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7
Q

Name the benefits of networking and public relations

A
  • Impress existing customers
  • attract new clients
  • improve staff morale
  • make recruitment easier
  • press release
  • understanding audience
  • promote services - BIM is key
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8
Q

RIBA benchmarking survey by Colander revealed what percentage of practices undertake speculative design work?

A

60%

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9
Q

RIBA benchmarking survey by Colander revealed what percentage of work is won by direct approach with no competitive process?

A

50%

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10
Q

RIBA benchmarking survey by Colander revealed what percentage of work is won through fee bids?

A

21%

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11
Q

RIBA benchmarking survey by Colander revealed what percentage of firms met Colander target of winning 50% of the work chased?

A

75%

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12
Q

RIBA benchmarking survey by Colander revealed what percentage of all new projects come from existing Clients?

A

43%

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13
Q

Name the benefits of networking and public relations

A
  • Impress existing customers
  • attract new clients
  • improve staff morale
  • make recruitment easier
  • press release
  • understanding audience
  • promote services - BIM is key
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14
Q

RIBA benchmarking survey by Colander revealed what percentage of practices undertake speculative design work?

A

60%

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15
Q

RIBA benchmarking survey by Colander revealed what percentage of work is won by direct approach with no competitive process?

A

50%

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16
Q

RIBA benchmarking survey by Colander revealed what percentage of work is won through fee bids?

A

21%

17
Q

RIBA benchmarking survey by Colander revealed what percentage of firms met Colander target of winning 50% of the work chased?

A

75%

18
Q

RIBA benchmarking survey by Colander revealed what percentage of all new projects come from existing Clients?

A

43%

19
Q

The mandatory RIBA benchmarking scheme for Chartered members provides key information including what 4 items?

A
  • key business development and staff training issues
  • assessments of business strengths and weaknesses
  • best practice
  • business performance