February 16, 2010

What 5 circus examples teach us

Posted in 1 tagged , , , , , at 5:32 am by mktgbydm

First there is marketing….

http://www.ringling.com/FlashSubContent.aspx?id=11840&parentID=320&assetFolderID=324

“… if the circus is coming to town and you paint a sign saying ‘Circus Coming to the Fairground Saturday’, that’s advertising. If you put the sign on the back of an elephant and walk it into town, that’s promotion. If the elephant walks through the mayor’s flower bed, that’s publicity. And if you get the mayor to laugh about it, that’s public relations.” If the town’s citizens go the circus, you show them the many entertainment booths, explain how much fun they’ll have spending money at the booths, answer their questions and ultimately, they spend a lot at the circus, that’s sales.

Uncomplicated example of how marketing, advertising, promotions and public relations all work together.  At a time when we are reviewing budgets, this is a good reminder to just cut-back don’t cut-out. 

MARKETING:

Strategize getting value in return.

ADVERTISING:

Bring brand to the attention of potential and/or current customers

PROMOTIONS:

Keeps brand in the minds of customer which in turn stimulates demand

PR:

Helps public to understand company/product

What would you cut-out…..hopefully nothing!!

January 28, 2010

Great Customer Service…When? Is the Question.

Posted in 1 at 5:06 pm by mktgbydm

Bringing  your car  in for inspection should not necessarily be a wonderful experience, however, when you are talking about a 15 year excellent relationship with your service department it can be.  Besides they take great care of the paternal twins in our family.  Oh….perhaps I should clarify that.  There are two 1995 Ford Explorers in the household, both white, equally have about 120,000 miles on them, however, interiors different and sunroof on one of them.  Love my Ford.  The other difference is one of them does not stop and ask directions…but I digress. 

Now mind you, I get superb customer service every time but this last time it brought to mind a question.   This is where you come in!  Here is the scenario.  The dazzling Ford Explorer of the family was scheduled for inspection, potentially needed brake linings based on last inspection and I asked for the tires to be rotated.  I arrived, was greeted by extremely friendly staff, given a ride back to my office and they would pick me up when it was done.  Super great!! Only took about 3 minutes.  When I picked it up they said the inspection was FREE because I bought the car there, I still did not need brake linings because of the low mileage between visits and the tires were checked for wear and did not need to be rotated.  It was stated that they don’t charge for something unless it is really needed.  ALL GOOD!!  Right?  Certainly was for me.

QUESTION:  Would it have been better to mention all this wonderful news upfront…especially if I were a new customer? For instance, “I see you brought you car here, you will not be charged for inspection”.  “I see you haven’t driven the car too many miles since the last time it was in, so you still may not need brake linings”, and “Even though you asked for tire rotation, we’ll check for wear first because we don’t want to charge you for rotation if you don’t really need it”.  Again, I was perfectly pleased with everything but my thought was that some of these subtle differences could make or break a new business relationship especially.  Do you think it makes a difference?  Should we remember to advise our clients the benefits of working together rather than telling them that when they get the bill?

November 5, 2009

Budget Constraints for Advertising Specialties Necessitate “Exact Count”

Posted in 1 at 6:39 pm by mktgbydm

Businesses, even in this struggling economy, are still budgeting some monies for special client gifts as well as recognition rewards for their employees.  When doing so, it is important to understand that a majority of advertising specialty vendors do not perform an exact count when processing orders. This can come as quite a surprise when you receive your order and invoice, especially if the vendor adds 5% – 10% additional promotional product when your budget didn’t allow for this.  If you order 200 pens, 5% additional product is not a big deal but if you order 200 Digital Frames and the vendor adds 10% additional product that could be $400 – $500 additional on invoice.

You do have a choice.  It is recommended that any time you are ordering a specific quantity of promotional product, you ask what is the vendor’s policy for “exact count”, is there a fee for exact count and/or can you accept an underrun only?  Sometimes the fee is not that much and is worth it.  Other vendors may not charge at all but the request has to be put on the order itself  by your distributor. 

My advice would be to check it out every time you order….. at least throughout 2010 so that you you can stay within the monies you set aside and  fully understand how much product you should receive.

November 2, 2009

Changing Marketing|Sales Behavior Toward Social Media Requires Skilled Promotions

Posted in 1 at 7:36 pm by mktgbydm

Changing behavior regarding how we in business, both large and small, increase sales, retain clients, attract potential clients and everything we have known in the past is not going to be easy for most.  Social Media truly has been marketed well and has attracted “possible” consumers.  Some Social Media Strategists are skilled at PROMOTING Social Media values and importance of integrating with Business Plan.  Skilled promotion will change behavior with never once “selling”.   Generous sharing of quality bearing information, providing varied tools to read, hear and see the value are extremely helpful to companies that do “get it” but need the strategists to assist with the HOW TO!!

Promotion assists the consumer in WHY they should do something different than what has always been done and has worked.  Behavioral change can be most challenging and frustrating because you may realize you have the consumers’ attention but the “buy-in” is twice as difficult to achieve.  Some are doing it right and @CragerInc http://www.CragerInc.com is a perfect example of expertise, value, quality and beyond tech savvy……a true Social Media Strategist (SMS).  Recognizing skilled promotion was a natural for me since it is what I do.  Realizing marketing by DM needed a SMS was a behavioral change that took courage.  I am ready for 2010…..are you?

Recently, Amy Howell, Howell Marketing, did an excellent blog that I would like to share with you if you haven’t seen it.  I think it will be extremely helpul…..http://ow.ly/yjWy.  Couldn’t have said it better myself.

October 19, 2009

What is the “best” client gift?

Posted in Advertising Specialties-Promotion, Holiday Client Gifts at 3:00 pm by mktgbydm

How do you decide what is the “best” choice of client gift for this holiday season?  Is there really a best choice or should you individualize your gift?  Clients will ask, “What is the hot item for this year?”  One of the most asked questions is, “Should we put our logo on it?”  Well, let’s discuss these challenging decisions. Advising clients on this decision-making process is not easy because there is a lot of emotion involved when you’re giving a “thank you for your business’ gift.  So first we are going to take the emotion out of it and be logical…..we’ll slowly move to the center between emotion and logic. 

In this economy careful consideration has to be given on who you are giving the gift to and does it look as though you spent too much.  Imagine that!!  You may have already decided to cut back on your budget  and that is perfectly O.K.  The thought REALLY does count.  Spend the most time on deciding whether you want to get the same gift for all or different gifts for newer clients, long-term clients and/or potential clients.  Set a budget and stick to it.  Remember don’t confuse bigger with better because in the end, the most important thing is the quality of your relationship.

Back to the gift now…..the so-called “hot” item depends on the person receiving the gift.  Bracelet flashdrives are really a popular item but you have to be sure if it is really going to be appreciated mainly because it is your hard earned dollar that may be wasted. So all that being said, regarding your higher-end clients, since you may decide to budget more dollars for these gifts, a choice may be to put your logo on it but choose something where your logo can go INSIDE.  As an example anything leather that can be debossed inside such as a business card case (even if metal that can be etched inside), padfolio, books, document folders, etc.  Executives do not want to carry someone elses logo which is too visible.  On the inside is fine and it is your client that you want to continually see your logo anyway.  Your newer clients and/or potential clients, a visible logoed item is perfectly appropriate.  Probably something they use everday or see everyday would be best.  However, don’t conform to the usual pen or mug unless it is so very different.  Make sure when you are talking with anyone regarding purchasing promotional product, they are not just “selling” but giving great consideration to whom you are giving the gift and if it is going to be something that will show you had an “emotional” commitment when you chose this gift for them.  Here is where the emotion comes in!!   Your budget, the economy, ROI are all the logical decisions made first, now you are free to get emotionally involved and with the help of a professional in Advertising Specialties you can make a good decision.