Business and Management

Welcome to the Business and Management Podcast, where we discuss best practices to help professionals, and entrepreneurs achieve success as they defined it. This podcast is essentially responding to this common request, “I wish someone would mentor me and advise me on these tips, when I just started my professional career or when I run my own business.” With this podcast, Marchell Ludy intended to leverage his skills and share his experiences to help others succeed in their field of work. May you extract the most benefits from this podcast program. All the best!

HOW TO SPEND MARKETING MONEY - Media Mix Choices - 064

To learn more, visit https://www.marchellludy.com/ This episode talks about (1) where to spend the marketing budget money and (2) how much to spend on each of the platforms. Marketing Media Mix Choices have always been puzzling marketers, especially as the media landscape keeps on changing with so many options such as National TV, Social Media platforms, Print Magazines, Outdoor Billboards, Radio, and so many others. Therefore, understanding the principles of (1) not spreading ourselves too thin to ensure sufficiency of awareness generation in each platform, as well as (2) Cascading Choices prioritization, are extremely crucial to allocate the Marketing Media Money properly to achieve the best ROI (Return on Investment) for the Marketing Money. Chapters 0:00 Opening 0:27 Marketing Media Choices 1:11 Don't Spread Ourselves Too Thin 2:22 Marketing ROI 3:10 Cascading Choices 4:08 Closing Links Spotify: https://open.spotify.com/show/4H13OG15r5HGRjArb7grdy?si=f0aa625400c2490c Facebook: https://www.facebook.com/marchellludypodcast/ Instagram: https://www.instagram.com/marchellludy/ Twitter: https://twitter.com/marchellludy TikTok: https://www.tiktok.com/@marchellludy Apple Podcast: https://podcasts.apple.com/us/podcast/business-and-management/id1660518087 Disclaimers The Business and Management Podcast is for general informational purposes only. All of the content is based on my own point of view in my personal capacity. I do not represent any company, any brand, or any institution. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. However, if you want to learn more about the content, please visit https://www.marchellludy.com May you extract the most benefits from this podcast. All the best! #hustle #work #grind #grit #podcast #business #management #businessowner #coach #coaching #businesscoach #businesscoaching #career #careercoach #careerguidance #careeradvice #leadership #leading #lead #marketing #advertising #advertisement #consumer

12-08
04:38

How to Generate Cash - Inventory Management for Business - 063

This episode talks about preserving the Cash Flow in the business by smartly managing the inventory. Because the inventory level directly impacts the cash flow. Too much inventory means too much cash being locked in the form of products, limiting the business' ability to pay for overhead costs, such as salaries, and capital expenditures, such as buying new machines. We will talk about two methods of managing inventory to preserve the cash: (1) Product Segmentation and (2) Safety Stock settings. By understanding whether the product segmentation is strategic or non-strategic, we can apply the right inventory strategy that best serves the business. Chapters 0:00 Opening 0:17 Cash is King 1:49 Product Segmentation 3:09 Safety Stocks Setting 5:21 Closing Links Spotify: https://open.spotify.com/show/4H13OG15r5HGRjArb7grdy?si=f0aa625400c2490c Facebook: https://www.facebook.com/marchellludypodcast/ Instagram: https://www.instagram.com/marchellludy/ Twitter: https://twitter.com/marchellludy TikTok: https://www.tiktok.com/@marchellludy Apple Podcast: https://podcasts.apple.com/us/podcast/business-and-management/id1660518087 Disclaimers The Business and Management Podcast is for general informational purposes only. All of the content is based on my own point of view in my personal capacity. I do not represent any company, any brand, or any institution. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. However, if you want to learn more about the content, please visit https://www.marchellludy.com May you extract the most benefits from this podcast. All the best!

09-21
05:53

Stimulating Creative Ideas - For Marketing Plans - 062

To learn more, visit https://www.marchellludy.com/ This episode discusses the key principles to stimulate creative marketing ideas to support sustainable business growth. Based on the learning, it is important to balance data-crunching activities with getting inspiration by simply talking to the consumers, at their homes, at the stores, and while they are using the products. It is critical to differentiate and not to imitate when entering a category in which strong competitors are already in place. It may be good to be better, but it is always better to be different. These principles should guide business owners and marketers on how to build great marketing campaigns for their businesses.

06-09
03:26

HOW TO BE A VISIBLE LEADER - for Personal and Career Growth - 061

To learn more, visit https://www.marchellludy.com/ This episode talks about Visible Leadership, why we need to be Visible Leaders, and how to be more Visible Leaders in a working environment for our career and personal growth. We will take examples of famous leaders in history, such as Julius Caesar, Alexander the Great, and Napoleon, and learn the importance of being a visible leader during battles. Next, we will talk about the psychological barriers for us to be visible leaders and what can we do to overcome them.

04-22
04:01

Mastering Advertising: Creating Connections Like a Perfect Date - 060

Unlock the secrets of creating unbeatable advertising that's more than just a sales pitch – it's a captivating experience! Join us on the Business and Management Podcast as we delve into the art of advertising, likening it to the nuances of a perfect date. Discover the power of visualization, engage your audience with compelling narratives, and learn to empathize with their needs. Just like in dating, it's about creating connections. Share your thoughts in the comments below, and if you find this podcast valuable, hit Like, Subscribe, and share the wisdom with your friends. Here's to advertising that truly resonates!

01-19
06:19

Bouncing Back Business: The Art of Rebounding - 059

Bounce Back Stronger with Business Resilience! Marchell Ludy brings you the Business and Management Podcast, unveiling the secrets to revive your troubled business. Navigating the battlefield of entrepreneurship? Learn the art of honest crisis management - no sugarcoating allowed! Discover how setbacks are not the end but a chance to learn, grow, and emerge even stronger. Share your rebound strategies in the comments, Like, Subscribe, and spread the art of resilience! Don't face challenges alone; success loves company!

01-03
04:17

Winning With Shoppers: Game-Changing Retail Marketing - 058

To learn more, visit https://www.marchellludy.com/ Unlock the Secrets of Retail Magic! Join us on the Business and Management Podcast as we explore the game-changing art of selling to retail shoppers. Is traditional retail fading away? Not at all! Discover how smart marketing can make retail thrive in the era of online giants. Think Apple Store experience - it's not just shopping; it's an adventure. Learn the new mantra: the store itself is a marketer's playground. Dive into shopper psychology, leverage the power of product adjacencies, and master the art of in-store demos. Share your retail wisdom in the comments, Like, Subscribe, and spread the retail revolution!

12-18
04:22

The Secret Sauce of Brand Harmony: Managing Brand Portfolio - 057

To learn more, visit https://www.marchellludy.com/ Dive into the Business and Management Podcast with us! Today, we're demystifying the art of managing multiple brands in your business. Brands, like superheroes, each have a unique role. Discover how to make them work together harmoniously without stepping on each other's capes. Learn the importance of strategic prioritization and not putting all your eggs in one basket. Your brand portfolio is like a chess game; strategically maneuver through ups and downs. Share your brand management hacks in the comments! Like, Subscribe, and share the wisdom for collective success!

12-02
05:09

Unlock the Growth Secrets: The Art of Growing Big Brands - 056

Curious about how Big Brand giants like Coca-Cola and McDonald's keep thriving? Join us, on the Business and Management Podcast. Discover the magic behind driving consumption, learn to expand brand usage occasions, and amp up spending. Dive into the expansion game—opening new chapters like a pro! Explore the art of repositioning, unlocking new horizons for your brand. From Nike's athletic leap to Starbucks' community vibe, find inspiration for your brand's journey. Share your growth ideas in the comments! Don't miss out—Like, Subscribe, and Share. Success loves company!

11-16
05:20

The Success Secret: Leading Cross-Functional Team Effectively - 055

To learn more, visit https://www.marchellludy.com/ Welcome to the Business and Management Podcast, where we unravel the secrets of leading cross-functional teams and uniting diverse departments under a common goal! As a Cross-Functional Project Leader, collaborating with various departments can be complex. Navigating conflicts and differing opinions is challenging but essential for success. Key insights include empathy—and understanding each department's stakes. Involve all teams from the project's outset, share your vision, and ask for input. Recognize and celebrate every department's contributions, fostering a sense of value. Don't fall into the blame game; focus on solutions. Setbacks are team challenges, and how you handle them defines your team's strength. Embrace these insights and lead cross-functional teams to remarkable success! Share your experiences and challenges in the comments. If you find this podcast valuable, Like, Subscribe, and share with friends to spread the knowledge. Thank you for joining us. May you always find success! All the best!

10-29
06:29

Unleashing the Power of Packaging: How to Create Irresistible Brand Packaging that Sells - 054

To learn more, visit https://www.marchellludy.com/ Welcome to the Business and Management Podcast, where we unravel the art of creating irresistible packaging for your brand! Picture packaging as your brand's face—the first impression consumers get when they see your product. It's not just a container; it's the whole experience. So, how do you craft packaging that captivates and triggers consumers to choose your brand? It's all about standing out in a crowded market. Imagine a job interview—you've got limited time to impress. The same goes for packaging. Tips: Understand consumer expectations in your category, establish a clear brand identity, learn consumer interaction patterns, keep the text concise, use on-pack claims wisely, and maximize the point of purchase. Packaging is your brand's ambassador on the shelf. Invest wisely to make a lasting impression and drive sales. How do you create attractive packaging for your brand? Share your thoughts in the comments. If you found this podcast valuable, hit the Like and Subscribe buttons, and share with friends to spread the wisdom. Stay tuned for more exciting discussions on business and management. Until next time, take care, and keep rocking those brands! Thank you for joining us. May you always find success! All the best!

10-14
05:53

Managing Your Boss: Taking Care Senior Management for Career Success - 053

To learn more, visit https://www.marchellludy.com/ Welcome to the Business and Management Podcast, where we unravel the secrets to managing the most important relationship in your career: managing your boss effectively! Your career journey is a maze of interactions, and navigating the boss-employee dynamic is crucial. We often wish that doing everything right will guarantee success, but it's not always that simple when real people are involved. Today, we delve into strategies for managing your boss and gaining their support. Deeply understanding your business is paramount. Your boss needs to trust that you're on top of the situation, so knowledge is your key to building that trust. Translate that knowledge into visible leadership. Be the captain of your brand's ship, steering it through both calm seas and storms. Share good and bad news promptly, and never sweep problems under the carpet. When it comes to advice, remember, you can't please everyone. Decide whose counsel to consider based on their role and expertise. In every business decision, there are four key roles: The Decision Maker, The Executors, The Interested Stakeholders, and The Background Buzz. Tailor your approach to each role to streamline your decision-making process. Managing your boss effectively is a career superpower. By understanding their perspective, showcasing your knowledge and leadership, and being discerning with advice, you'll build a strong working relationship and secure their support. How do you manage your own boss? Share your insights in the comments below. If you found this podcast beneficial, please click the Like and Subscribe buttons. Don't forget to share this episode with friends, and let's spread the wisdom together. Thank you for tuning in to the Business and Management Podcast. Wishing you a successful journey in mastering the art of boss management. Until next time, may success be your constant companion!

10-07
07:07

Brand Wars: How to Fight Back and Win Against Competitors - 052

To learn more, visit https://www.marchellludy.com/ Welcome back to the Business and Management Podcast, where we tackle the burning questions in the world of commerce! Today we're venturing into the treacherous terrain of competitive warfare: how to respond when a rival launches an assault that threatens your brand's reputation. In this world of business, we often find ourselves using war analogies – campaigns, attacking the competition, and defending market share. It's like being a strategic general, plotting victory in the business battlefield. But here's the wisdom: While competition can be fierce, a knee-jerk reaction to every punch from a competitor might not be the best path for your brand. So, let's uncover some savvy strategies for these situations. First and foremost, remember your North Star: your consumers. Avoid getting lost in tit-for-tat with rivals. Instead, channel your energy into serving your target audience. Of course, there are exceptions. If a competitor spreads falsehoods or you have a clear advantage to showcase, consider a response, always asking, "How does this benefit my consumers?" In times of unavoidable confrontation, act swiftly and decisively. Engage your legal team to explore your options and work with PR experts to manage the crisis and address consumer concerns. Remember, speed often wins in the minds of consumers. Identify your key message, keep it concise, and use the most effective media channels to reach your audience rapidly. While crisis resolution is crucial, don't let it drag on. Once it's under control, shift your focus back to building your brand and delivering value. Competition is inevitable, but how you respond can make all the difference. Stay smart, stay consumer-focused, and fight the battles that truly matter. We'd love to hear from you! How do you handle offensive competitor attacks that threaten your brand? Share your thoughts in the comments below. If you found this episode enlightening, don't forget to hit that Like button and join our community by Subscribing for more insightful content. Share this podcast with friends and colleagues who want to master the art of brand defense! As you navigate the competitive landscape, remember: that victory is within reach. Thank you for being a part of our journey to success. Until next time – may success be your constant companion! All the best!

09-30
05:57

From Zero to Hero: How to Revive Struggling Brand and Catapult It to Glory - 051

Welcome back, dear viewers, to another exciting episode of the Business and Management Podcast! Today, we're embarking on an exhilarating journey: how to resurrect a troubled brand and catapult it to glory! We've all witnessed it – a once-thriving brand starts to lose its shine. But fear not! In this episode, we're unraveling the secrets of brand revival. It's not just about turning a ship around; it's about transforming it into a majestic flagship. When your brand hits rocky waters, it's time to kick things into crisis mode. Denial won't cut it; you've got to confront the brutal truth head-on. Rally your team, stoke the urgency, and let's dive into the challenge! Instead of spinning your wheels, pinpoint the core issue. Is it a trial problem, an awareness gap, a distribution issue, or product-related woes? Assemble your dream team, and make crisis management their top priority. Crisis often obscures the fundamentals, but this is the perfect time to reevaluate. Set key questions, establish deadlines, and leave no stone unturned. No shortcuts, no compromises. Keep stakeholders in the loop, but beware of micromanagement. Your crisis team needs space to breathe and strategize. Regular updates are the golden ticket to maintaining trust. Embrace a fresh perspective. Consider expanding your crisis team with new blood. Fresh eyes can uncover hidden gems. It's tempting to dodge responsibility, but it's essential to admit where things went wrong and take swift action. The clock is ticking, and management's patience isn't limitless. It takes time to turn around the situation! Brand revival isn't an overnight sensation. Celebrate the small victories, set realistic milestones, and appreciate every step of the journey. Rome wasn't rebuilt in a day! So, don't shy away from the crisis. Face it, embrace it, and rally your team. With the right approach, you can transform your struggling brand into an unstoppable force. The possibilities are boundless! If you found these insights enlightening, hit that Like button and join the tribe by Subscribing for more riveting content. Share this podcast with friends and colleagues who crave the wisdom of brand revival. Thank you for being a part of this enlightening journey. Your success fuels our passion. Stay resilient, stay triumphant, and until next time – may you always be successful! All the best! Links Spotify: https://open.spotify.com/show/4H13OG15r5HGRjArb7grdy?si=f0aa625400c2490c Facebook: https://www.facebook.com/marchellludypodcast/ Instagram: https://www.instagram.com/marchellludy/ Twitter: https://twitter.com/marchellludy TikTok: https://www.tiktok.com/@marchellludy Apple Podcast: https://podcasts.apple.com/us/podcast/business-and-management/id1660518087 Disclaimers The Business and Management Podcast is for general informational purposes only. All of the content is based on my own point of view in my personal capacity. I do not represent any company, any brand, or any institution. The use of information on this podcast or materials linked from this podcast is at the user’s own risk. However, if you want to learn more about the content, please visit https://www.marchellludy.com May you extract the most benefits from this podcast. All the best!

09-23
08:05

Mastering The Art of Pricing: How to Price Up Without Losing Consumers - 050

To learn more, visit https://www.marchellludy.com/ Hey there, amazing viewers! Ready to unlock the secrets of pricing up your brands in times of inflation? I'm beyond excited to welcome you back to another insightful episode of the Business and Management Podcast! Inflation got you feeling the pinch? You're not alone! Today, we're diving headfirst into the art of pricing up your brands without sending your customers running for the hills. As the cost of business rises, it's tempting to adjust those price tags, but how do you do it smartly? Stay tuned for the expert tips you need! Join me on this journey as we explore the balance between profitability and consumer loyalty. We're shedding light on the delicate dance of maintaining your customer base while adapting to financial realities. Ever wondered how to set the perfect price point? It's not just about crunching numbers; it's about understanding your customers' perceptions and meaningful price ranges. Learn to strike that sweet spot where value and affordability meet. Let's take it a step further with powerful strategies like the "brand relaunch." Elevate the price increase by enhancing the customer experience through packaging, service, and value propositions. Discover the magic of reframing the value proposition and connecting emotionally with your audience. It's all about selling hope and fulfilling those deep-seated desires. Now, I'm eager to hear your insights! How do you navigate the tricky terrain of pricing up while keeping your customers happy? Share your wisdom and experiences in the comments below, and let's spark engaging conversations. If you find this podcast episode a game-changer, hit that Like button and join the tribe by Subscribing to the channel. Remember to spread the wealth of knowledge by sharing this content with your friends and colleagues who are ready to master the art of pricing. Thank you for being an essential part of this knowledge-sharing journey! Your success is our success, and together, we'll conquer the challenges of business. Stay brilliant, my friends, and until next time – keep thriving! All the best!

09-16
07:53

Mastering the Triple Constraints for Successful Project Execution - 049

To learn more, visit https://www.marchellludy.com/ Hey there, my awesome friends! Are you ready for another enlightening episode of the Business and Management Podcast? We will dive into a topic that every project manager, entrepreneur, and business enthusiast needs to master! In today's episode, we're tackling the art of effectively managing the three critical project constraints: Scope, Time, and Resources. Ever faced the challenge of tight schedules, expansive goals, and limited resources? You're not alone! Join me as we unravel the intricate relationship between these constraints and how they shape project outcomes. The secret lies in balancing and aligning these elements for a successful project journey. But wait, there's more! We'll also tackle a delicate challenge—communicating to clients that they can't have it all. Explore the art of diplomatic client conversations where you guide them to prioritize wisely among the triple constraints. Remember, success in project management lies in finding the sweet spot where scope, time, and resources harmonize. Learn how to navigate this complex terrain and deliver outstanding results for your projects. I'm eager to hear your experiences and insights! How have you managed the triple constraints in your projects? Share your thoughts in the comments below and ignite engaging discussions. If you find this podcast valuable and packed with insights, show your support by hitting the Like button and Subscribing to the channel. Don't forget to share this content with your fellow project enthusiasts so they too can excel in managing these essential constraints. Thank you for tuning in and being part of this knowledge-sharing journey! Wishing you boundless success and a mastery of project magic. All the best, and see you in the episode!

09-09
05:31

Unlocking Commercial Innovation: Innovative Strategies to Transform Your Business - 048

To learn more, visit https://www.marchellludy.com/ Greetings, my friends! Get ready for another enlightening episode of the Business and Management Podcast! In today's discussion, we're tackling a common challenge faced by businesses: How to Launch Innovation on a Tight Budget? We all know that innovation is crucial for success, but what if resources are limited? Join me as I uncover the concept of Commercial Innovation. Discover how to make innovative changes in communication and strategy, while keeping the product itself relatively unchanged. The best part? It's cost-effective and perfect for businesses strapped for cash! Explore practical examples of Commercial Innovation, like Packaging Design Refresh, Conceptual Innovation, and Seasonal Packs. These smart approaches breathe new life into your products without a major financial strain. I'm eager to hear from you! Have you ventured into the realm of Commercial Innovation? Share your experiences, insights, and success stories in the comments below. Your contribution can inspire others facing similar challenges. If you find this podcast valuable, show your support by hitting the Like button and subscribing. Don't forget to share this content with friends, colleagues, and anyone seeking innovative solutions. Thank you for tuning in! Here's to your journey of successful and budget-friendly innovation. All the best, and see you in the episode!

09-02
06:08

The Secrets of Powerful Advertising in Making Consumers Buy Brands - 047

To learn more, visit https://www.marchellludy.com/ Welcome to the Business and Management Podcast, where we will take you on a captivating journey into the world of creating powerful and effective advertisements that trigger consumers to purchase your brand! In today's episode, we'll uncover the secrets of crafting compelling ads that work wonders, regardless of the format - TV commercials, radio spots, billboards, online ads, social media posts, or flyers. Learn how advertisements shape associations in consumers' brains, influencing their emotions and driving purchasing decisions. We'll explore the magic of appealing to consumers' functional and emotional needs consistently and repeatedly. Discover the characteristics that make ads truly effective, from being relevant and unique to being simple, understandable, and consistently accompanied by recognizable brand cues. Share your experiences in creating advertisements for your products in the comment section below. Let's learn from each other's successes and challenges. If you find this podcast beneficial, don't forget to like and subscribe. Share it with your friends to spread the knowledge and elevate your advertising game together! Thank you for joining me in this enlightening discussion. May you apply these powerful principles to create ads that leave a lasting impact on consumers, triggering their desire to purchase your brand. All the best!

08-26
05:11

Redefining Office Politics: Embracing Political Savviness for Career Success - 046

To learn more, visit https://www.marchellludy.com/ Welcome to the Business and Management Podcast, where we will go through the intriguing world of office politics and the crucial skill of Political Savviness for career success! In today's episode, we'll debunk the negative connotations often associated with Political Savviness and focus on its positive impact on your career growth. Drawing from my own experiences, I'll share valuable insights and advice that I wish I had received when I started my journey. Political Savviness is not about being manipulative; it's about building strong relationships with key stakeholders and influential individuals in your workplace. Learn how to leverage these connections to achieve personal and organizational goals ethically. Observe the senior management in your office—many owe their success to Political Savviness. I'll illustrate the power of building relationships with influential individuals, like the CEO's secretary, and how it can open doors to career growth. Share your thoughts on Political Savviness in the workplace in the comment section. Do you consider it an important skill for career success? Let's spark a conversation! If you find this podcast beneficial, don't forget to like and subscribe. Share it with your friends to spread the knowledge and empower others in their career journeys. Thank you for joining me in this enlightening discussion. May you embrace Political Savviness and steer your career toward unparalleled success. All the best!

08-19
05:15

Unlocking Sales Growth: Strategies for Soaring Revenue - 045

To learn more, visit https://www.marchellludy.com/ Are you ready to unlock the secrets to accelerate sales growth and skyrocket your revenue? Join us on the Business and Management Podcast with your host, Marchell Ludy, as we dive deep into the realm of sales and explore the strategies that can take your business to new heights! Imagine you're a cosmetics entrepreneur with stable but stagnant sales. In this episode, we'll guide you on how to break free from the plateau and boost your business's sales volume. There are two simple yet powerful ways to achieve sales growth: Penetration and Consumption strategies. We'll reveal when and how to implement each strategy based on your market position. If you're a newcomer in the cosmetics market, the Penetration strategy is your key to success. We'll show you how to attract new customers and expand your market share. On the other hand, if you're already a market leader, the Consumption strategy is your path to greatness. We'll unveil tactics to increase customer loyalty and boost their product consumption. Share your successful strategies for increasing sales volume in the comment section below. We want to hear your insights and experiences! If you find this podcast beneficial, don't forget to like and subscribe. Share it with your friends to spread the knowledge and benefits of accelerated sales growth. Thank you for joining us on this enlightening journey. Wishing you continued success in boosting your sales and reaching new heights in the business world. All the best!

08-13
04:05

Recommend Channels