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They can’t buy from you if they don’t know who you are.
No we are not saying that advertising is the answer to all of your growth problems. What we are saying is that your prospective customer must know who you are and have a positive impression of you and/or your products/services. We call this Awareness Positioning.
In Awareness Positioning, your objective is to effectively place your business’ name or product/service into the mind of your targeted prospective customer so that when they decide to buy, it’s your company or product/service they think of first (with a positive perception of your company or product/service). In essence, you are positioning your company for opportunities.
So which marketing or sales tactic works best to keep your name in the minds of your target audience? Sorry, there is no “cure-all” marketing pill here. No single marketing tactic will sustain the growth you seek. Instead we advise our clients to take a multi-pronged approach. Research shows that it takes a prospective customer between six and eight times of favorable contacts with your name or product/service before they develop a positive perception of you and are positioned for an opportunity to sell to them.
There are a number of approaches to this topic and much of what you choose to use will be strongly driven by what you can afford to spend. Some of the tactics we will share with you can be costly.
There is no better source of new customers than your existing customers. Encourage existing customers to talk positively about your company and its products/services. Make it easy for them to do this. Here are a few ideas:
Look for companies who do not compete with you but share the same or similar customer demographics or are in a position to recommend you or talk about your company and its products. The more people that know about your company the better.
There are a great number of outlets where you can get free exposure for your company. Here is a short list of some of the places to place your name.
In today’s electronic world, many of these impressions are coming in electronic forms such as e-mail, electronic newsletters, web sites, search engines, online directories, and Internet social networking sites such as:
Are you maximizing the positive impressions you make in these formats?
When we say advertising most of us consider traditional commercials on television or radio or ads in newspapers and magazines but these are only the tip of where you can pay to have your name. Take a look at some of these non-traditional ideas for advertising:
The list can go on and on. Be creative. Wherever you target prospective customers are, so can your ad.
There are a great number of tradeshows, conventions, conferences and fairs where you can get free exposure for your company. The trick is choosing the right ones for your company and its products/services. Here are some ideas to help you evaluate which ones to attend/exhibit at:
A local car dealership wanted to get former customers to buy their next car at their dealership. They had a database of customer names and addresses, the car they bought, when they bought it, and the salesman’s name. They took this information and produced a direct mail postcard campaign utilizing this customization process.
On the front of each individual postcard was the name of the customer (“e.g. Hi Cindy) and two photographs –one of the exact model of car they purchased before (in the color they purchased) and a second showing what the newest model of that car in that color looked like.
On the back of the postcard there is a nice short note from the salesperson that served them suggesting that it has been several years since they purchased heir old car and now might be a good time to look at the new models.
The response rate was 23%. Normal response rates for non-customized direct mail ranges between 1-3%. You can do the math on whether the added cost for customization was beneficial.
The impression you make on customers and potential customers has a direct affect on your revenues. If you need help to improve build your awareness to the Next Level, give us a call.
Types of Marketing and Sales Materials:
Take you marketing efforts to the Next Level!
Reaching beyond the expected with persuasive marketing solutions that target the right audience at the right time. Integrated marketing solutions that explain in a compelling way what a product or service does, the value it brings, and why a reader should be interested in learning more.
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Ready to take your business to the next level? Please e-mail or call us at (630) 665-4440.