10 First Aid Marketing Tips
By Bob Francis
One of the first items that is cut in an economic downturn is the
marketing budget. Often it is perceived as expensive and it is not
always easy to see that there is some benefit from the cost expended.
And this might be true if you focus on the wrong things. Many would
argue that the time to increase or at least maintain marketing activity
is during a downturn when many of your competitors are reducing their
campaigns.
Here are a few first aid tips to keep your lead generation and brand image marketing going while not spending a fortune:
1.Messages/ Targeting
Understand clearly who your customers are. Write a specification for
your ideal customer. What they are business or consumer or both; what
size they are; what do they do; why do they buy from you; what do they
buy from you. Once you have a clear idea ensure that all the rest of
your activity addresses this 'ideal customer' wherever possible.
Review all marketing messages. Ensure that they speak to the range of
customers you have or are targeting and that they address an issue that
the potential client has.
Differentiators. Ask yourself why am I different from my competitors?
Why do my customers come to me and not my competitors? When you have
identified the reasons these are your differentiators which you can
then use on your website and in all your marketing messages.
2. Channels
How are you getting to market? Have you optimised the channels through
which you sell? Are the messages created above suitable for the
channels you have chosen?
Markets- are there different markets that you have not tried before?
3. Networking
For many businesses it is the preferred method for many companies to
find new customers. Local chambers of commerce are a good place to
start. There are trade and professional membership organisations which
have networking events where you can meet potential customers. Speed
networking is becoming more popular and this is an opportunity to meet
30-40 potential customers who are there for one purpose - to network
with you. If you are still not sure, Google 'networking in.... (you
location)' and you will be surprised at the number of organisations
that have networking events.
Although there is a cost associated with this, it is usually minimal
but the return can be substantial. Restrict yourself to a few events at
first but keep at it. Good business relationships are not forged in one
day.
Follow up on the contacts you meet. Too many people expect that they
will get business from their one contact with someone at one of these
events. Take their details and agree with them that they are happy for
you to call them.
4. Press Releases
Under this heading falls a wide range of activities that in general
only costs your time. These include news items, case studies, and
technical, business or trade articles, new product releases and so on.
Often this activity is free!
There are a number of preparatory steps you need to undertake to ensure
that your press release is used and not spiked like those of your
competitors.
Firstly identify the journals, newspapers and trade magazines that you
want your story to appear in. Then contact each of the editors by phone
to discuss their requirements for style and any mechanical details they
require although now it is rare for an editor not to be able to accept
story and any pictures by email. Also check for upcoming features that
might be suitable to tie into. Keep in touch with editors to become a
'specialist' to whom he can turn for industry quotes etc. Become the
expert.
Make the item news worthy
Focus around the messages you want to deliver.
You will be surprised the effect this will have on your customers and may have the opportunity to generate more prospects.
Remember that there are many ezines now available so remember to submit your article to these also
5. Websites
Does your website work for you? Is it delivering your message(s) to the target audience?
Review your home page to ensure that you talk about the benefits you can deliver rather than what you do?
Research key words to allow you to optimise your site so that it can be found when a prospect searches for those words.
Make maximum use of the tools that can be found (often for free) on the internet to maximise the effectiveness of this resource
6. Emarketing
E marketing covers a variety of techniques to get your messages across
to the target market. However most people use it as direct mailing
techniques using emails as the medium.
Ensure you have all your customers email addresses
Build up a database of prospects email addresses. This can be done
either by buying an opt in list from a list broker or by building your
database by capturing the details of visitors to your website.
Send regular emails to these lists with latest offers, new products, events etc.
7.Newsletters
A newsletter can get across a lot more information to your prospects and customers.
You can include industry news as well as company news, technical information as well as products offers etc.
This will also build your image and credibility if you include others
such as the thought leaders in your local business market, in your
newsletter list
8. Directories
There are a number of directories which serve your market. These can be printed or online directories
Research which ones suit you and your customers and get a suitable entry reflecting you marketing messages.
Ensure where possible to get links to and from your entry to help build traffic to your site
9. Telemarketing
This may not at first sight be something that you might consider. However note the title is Telemarketing not telesales.
In telemarketing you can build interest through a suitably qualified
telephone call and then make an appointment for your sales person to
meet with the prospect
Or you can get commitment to try/buy a sample, or agree to receive further information
If you are going to do this yourself get some information about best practice and use it.
10. Seminars/Webinars
This is a more expensive option and takes a great deal of organisation.
For standard seminars it allows you to be seen as an expert in your
field and is suitable for technical presentations, education, new
product launches, workshops and many more.
Follow up afterwards to get feedback and to meet customers to discuss how your product and service can help them.
These are only some ideas that you can use to help revive your business
and develop your marketing activity. Marketing is a business activity
and should be integrated into the business planning process. But what
ever you do make sure that you measure the results from each element of
the activity so that you can understand where to put your marketing
spend in the future.
For further information please go to http://www.abio.ltd.uk/services/marketingplans
Bob Francis is an experienced business consultant spending most of his
time helping clients with sales and marketing issues. His expertise
lies primarily in strategy, sales and marketing and is a Fellow of the
Chartered Institute of Marketing. He is an expert at sales performance
measurement and improvement.
For a free business healthcheck please go to http://www.abio.ltd.uk and he can be contacted at bob@abio.ltd.uk