Keys to Creating a Winning Marketing ProgramWritten by Elliott Herzlich
Does your company spend thousands of dollars on marketing with little to show for it? Poor response rates are enough to drive us all crazy. Fret no more. There is a solution! According to recent studies, businesses are reaping greater rewards by using promotional products as extensions of other marketing activities. Advertising, direct mail, web promotions and public relations are significantly more effective when appropriate promotional products are included. Why? Because advertising specialties have unique ability to customize a message to a specific audience or need. For example, a microbrewery recently introduced its new brand of beer by giving away cork coasters imprinted with a replica of product’s label. Besides protecting furniture, coasters provide endless name recognition. A film processor used imprinted magnetic frames for a store promotion. The company reported customers liked frames so much, they told their friends, which ultimately led to a 22% increase in sales. During latter part of 1999, many companies used promotional products to generate enthusiasm for their millennium “bug” projects. One firm’s goal was to encourage enterprise-wide teamwork to upgrade computer systems. Items including baseball caps, beverage containers, screen savers, and newsletters were imprinted with slogans to remind employees of program. Marketers are also finding packaging makes a big difference. A building supply company sends prospects a tee shirt compressed into a brick. Another firm sends clients a packet of gourmet coffee or tea, inside a glass mug with message, “Take a break on us.” On Internet, content-providers have only a few second to get a customers attention. Promotional Products are often used to get customers to linger a little longer at their site. A survey by nonprofit think tank Privacy &American Business found that nearly nine out of 10 online respondents felt it was fair to give personal consumer information to companies that gave them a “valuable benefit”. A company can do no better for itself than to give consumers their web address. Companies not only give away promotional products once they’re at their web site, they also do just to get bring customers online in first place. Promotional products are a walking hyperlink!
| | TAKE A SECOND LOOK AT YOUR FIRST IMPRESSIONWritten by Richard Gunter
While many of us are examining possible business opportunities, especially on Internet, we have traditionally given a wide berth to anything that looks like it might be called 'network marketing.'But you may be missing some really valid money-making options, and it may be time to take a second look at that bad first impression. In many ways, owning your own typical business - whether it is a traditional 'brick-n-mortar' company or an online enterprise -- has become complicated and expensive. The owner often ends up with a low paying job and long, thankless hours. I've heard it said that average entrepreneur earns about three dollars an hour, on average. Is that what you want for yourself? Yet 185,000 people in North America are joining networking movement every week. Can that many people be that wrong? According to a recent article in Time Magazine, "Network marketers will make more money in next two years than in auto, travel and computer industries COMBINED!" Hmmm... what are we missing here? Let's take a look at 'upside,' positive aspects that may be inherent in network marketing opportunities that may not be present in traditional business start-ups. First of all, there's usually a minimum of paperwork. In traditional business, many of us are drowning in paper, in spite of all claims that we are nearing a 'paperless society.' Just state and federal licenses, applications, and tax forms we have to fill out, alone, can be pretty daunting! Secondly, in many network marketing opportunities, particularly online, there is no inventory that has to be tracked, stored or shipped - traditionally a headache for many offline businesses. Even if business doesn't involve an information product (for example, an ebook), many are set up now so that any product shipping is done directly from manufacturer, or from one source - while distributor (ie., 'network marketer') gets credit.
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