Vol. 5 Issue 11
 Article | Marketing Tip | Upcoming Events | Featured Offer | Sign up for newsletter            November, 2003 
  

Street Smarts Marketing and PR Newsletter contains success formulas, tips and strategies for retailers, sales professionals, consultants, authors, speakers, events coordinators, nonprofits and much more.

Turning Point, Inc., provides marketing and promotions solutions for small businesses and non profit organizations that want to lower costs and increase revenues. We accomplish this through consulting, training and various product resources. 

Promotions That Build Profit

Promotions are everything you do to let your customers know you exist. Good marketing techniques can help eliminate the “I didn't knows” from your clients and would-be clients. Even if you believe you have more than enough business you should always continue to do some sort of marketing. What if there is a sudden downturn in your industry? What if you have to suddenly reach more customers?  With a good marketing system in place you will be prepared for any surprises.

Additionally, you must be very vigilant in your marketing efforts when things are slow. This is NOT the time to pull back. If anything, go forward by taking advantage of all the free and low costs opportunities that will keep your name at the front of your market.

Develop a Winning Marketing and Promotions Campaign

Marketing a business can be a huge challenge. However, if you have systems in place, are consistent in implementing your systems, have great follow up and truly care about your customers, your business will not only survive, it will thrive. Before you begin a marketing campaign for your business, take time to develop a good plan.

With promotions, it may not be a one size fits all for your business. Depending on what you are promoting at any given time will determine what type of plan you need to put in place.

However, these are some things you should always consider in any campaign.

  • Collecting names and contact information for inclusion in your database

  • Inputting the information in a timely fashion

  • Sending some type of a follow up within a short period of time after obtaining the information

  • Keeping a well-groomed database

Before starting a promotional marketing campaign, ask the following questions:

  • What is the purpose of the campaign?

  • How much time do you need to properly roll it out?

  • What is your budget?

  • Who is your target market?

  • How will you promote it?

  • What type of incentives do you need to offer – coupons, giveaways, drawings?

  • Will you do all the promotions yourself or will you need to hire someone to help?

  • What is your system for collecting names and contact information?

  • Will you need special insurance?

  • Are you complying with all state and federal laws? For example, in Utah we have very strict laws about anything that remotely resembles gambling such as a raffle.

  • Will you be including other companies in your campaign?

Your Marketing Program Needs to Be Ongoing

As a marketing and promotions advisor to small and medium sized companies, I often see people who try something once, get little or no result and then cry, “Marketing doesn’t work!” Fact is, one letter, one phone call, one ad, one press release - none by themselves will achieve the desired result, but having a continuous, ongoing plan for marketing and following it will.

Something you must do in order to gain optimum results is to get excited about marketing you and your business. The more passionate you are about what you do the more people will want to do business with you.

 

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For other valuable marketing articles click here
       

Marketing Tip

You will gain far more success when you are clear on who your market is and what your specialty is. Often people want to be all things to all people. Start by offering solutions to one or two problems your niche clients have. You will achieve more than if you try to solve so many problems for so many different types of people that you become the problem rather than the solution.


Thought for the Month

There are times I may hold myself back from what I want to do out of fear. Fear of rejection, failure, ridicule. Fear of joy, love, success. When I walk in the path of trust, fear will diminish. Life will lead me to avenues that I must go through to become the person I am intended to be. I can choose to hold on or I can choose to let go of the fear and trust the process of life.

from Message of Hope 

 

 

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