5 Steps to Targeting Your Marketing Message

Written by Lois Carter Fay, APR


In order to win atrepparttar game of business, a company needs a good plan. This can be done in-house, with a marketing consultant, or with a marketing firm. Here are five steps to developing and implementing a good marketing message:

1. Determine your company’s strengths and weaknesses.

Before you can tell others who you are and what you do, you need to know about yourself. Gather your employees together and brainstorm a list of your company’s strengths and weaknesses. Write everything down that is said and wait to evaluate it until you have exhausted all ofrepparttar 120861 ideas.

Next, review each item onrepparttar 120862 list and decide if this is appropriate to be onrepparttar 120863 list, or if it can be eliminated. It’s likely you will find several that can be combined so that you end up with a relatively short list of strengths and weaknesses. You can also develop a short survey and ask your customers and vendors what they think your strengths and weaknesses are. Their answers may surprise you!

2. Research your target market/customer.

Next, analyze your sales fromrepparttar 120864 past three years. What products or services are most profitable for you? Who are your customers? What can you conclude about your customers? What is similar about them? Based on your profitability evaluation, should you be targeting a certain type of customer, or changing your current strategies? How do these customers make their buying decisions? How can you influence those decisions?

Consider such things as: · Location · Size business (either sales dollars or number of employees) · Industries ypes of businesses · Type of ownership (sole proprietor, corporation, etc.) · Who arerepparttar 120865 decision makers, influencers and gatekeepers?

3. Investigate your competitors. Who are your main competitors? When you lose a sale, why does this happen? Which competitor generally makesrepparttar 120866 sale? What is better about your competitors’ products and services? Why do your prospects choose a competitor instead of you? What arerepparttar 120867 annual sales figures for your competitors? What do they spend on their advertising and marketing efforts? (Your industry periodicals and associations can help you determine this.)

A Dozen Reasons to Send a Press Release

Written by Lois Carter Fay, APR


Generate Credibility News releases are an excellent, inexpensive way to promote your business through public relations. The stories they generate are, in fact, a much more credible source of information about your company than advertising.

Advertising, as you may know, is sometimes looked upon by consumers with skepticism because they know you are trying to sell them something and suspect companies may not be entirely truthful in their ads.

Onrepparttar other hand, news articles and advertorials that appear in a newspaper or magazine are very often seen as factual, withrepparttar 120860 media's "stamp of approval," and as a recommendation of your product by an impartial third party. In general,repparttar 120861 largerrepparttar 120862 article,repparttar 120863 more believablerepparttar 120864 information.

Knowledge Sending releases torepparttar 120865 media on a regular basis can keeprepparttar 120866 public abreast of what your company is doing, as well as keep you inrepparttar 120867 forefront of your customers' minds. The practice can also cut your advertising budget significantly, while accomplishingrepparttar 120868 same task...making your customers aware of your products, bringing your products to your customers' "top of mind," and spurring them to action.

Interest Often, small business owners think they don't do anything exciting enough to warrant a news release. Well, that's just not true. Every business should have a few things happening that would interestrepparttar 120869 media. Some happenings, of course, would warrant more news coverage than others.

Following are just a few questions to make you think about using public relations to promote your business. The first six are probably worthy of short, one-page releases resulting in small mentions inrepparttar 120870 media. The last six show potential for larger feature articles. A simple release, however, is not generally sufficient to convince editors to run larger pieces. Personal contact is a must. Questions

1. Have there been any personnel changes, promotions or additions in your firm? Have you signed up a new client?

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