Measuring ROI or Is My Brand Working?

Written by Nancy Fraser


You are doing yourself a disservice in you measurerepparttar impact and effectiveness of marketing and branding only onrepparttar 120099 bottom line. There are far too many facets ofrepparttar 120100 success equation to reducerepparttar 120101 final assessment to that alone. Ultimatelyrepparttar 120102 bottom line will increase but if we expect immediate results and they don’t happen to translate into money right away, it’s easy to think things aren’t working and give up too early inrepparttar 120103 process.

The value of reputation, relationships, brand awareness and consumer attitudes, related to your business, are impossible to measure based solely on financial returns.

A thorough evaluation of where your business is now, andrepparttar 120104 identification ofrepparttar 120105 next most important goal, is a good place to start.

Other measures of ROI are:

Ønumber of leads generated Øtotal sales revenue generated Øchange in awareness of your brand – buzz inrepparttar 120106 marketplace Øchange in market share Øchange in buying pattern re products, days etc. Øchange in intent to buy Øincrease in incremental sales revenue Øcustomer retention

The alignment of marketing and business strategy has resulted in recognition ofrepparttar 120107 importance of marketing to overall business success. Funds are no longer being taken from marketing depart- ments as a first remedy to a shortfall elsewhere . All of that has resulted in an increased expectation of accountability for results.

Ten Marketing Tools to Grow Your Business Fast

Written by Tara Alexandra Kachaturoff


Whether you’re a new start-up or an established small business, effective marketing plays a key role in your success. In order to extend your reach and access to as many potential customers as possible, it’s important to implement as many marketing tools as you can. While you might be doing quite well through writing articles or through public speaking, you can actually do much better by adding a few more techniques to your toolkit. Not only will it be a great learning experience, it will also create more visibility and credibility –repparttar two things you must have to build a successful business. As a marketing expert, I advise my clients to implement low or no cost options first. You would be surprised at how many things you can do to build your business – and all without spending a dime! All of my suggestions will help you to do just that.

1. Write and publish articles. Writing an article is one ofrepparttar 120098 quickest ways to establish yourself as an expert. The power ofrepparttar 120099 written word is awesome. If you’re a fairly decent writer, who can craft a well-organized article filled with meaningful content, you’re on your way to establishing a relationship with potential customers. You can publish your articles online through free services like www.topten.org or www.goarticles.com, or submit them to local newspapers or magazines. You can even give them out to people you meet.

2. Use assessments and surveys. Assessments and surveys arerepparttar 120100 perfect way to build awareness about you and your business. If you use a free survey tool like www.surveymonkey.com, you can send out a survey to your mailing list. You can ask for opinions on your current products and services while atrepparttar 120101 same time inquiring about what new things people would like to see. Keep surveys short and torepparttar 120102 point. They’re a great way to get back in front of folks who you might not have contacted for a while or a great conversation opener with people you’ve never met before.

3. Write an e-course. Writing an e-course is a wonderful way to promote your business, while providing value to your current or prospective customers. Inrepparttar 120103 simplest terms, an e-course is a series of e-mails that are delivered at pre-defined intervals which contain valuable content around a specific topic. E-courses consist of “lessons” which are loaded into autoresponders which automatically e-mailrepparttar 120104 lessons to your opt-in list. Not only will you be able to provide valuable content to readers over a specific period of time, but you’ll continually remind them of who you are and what you do.

4. Upgrade your e-mail signature. Your email signature is more important than you might think. At first consideration, you might see your email signature in its traditional role – just your name – identifying you asrepparttar 120105 sender of an email. At its best, an email signature can play a strategic role in your marketing effort as yet another way to reach out and make connections with current and potential clients. An email signature should be considered as a part of your branding initiative. Each component part, from your name to your address, from your website torepparttar 120106 color and type of font you use, should be thought about and arranged appropriately to communicate who you are torepparttar 120107 world. And, what a great way to continually advertise your business – every time you send or respond to an email!

5. Offer a free or fee teleclass. What do you do in your business? What problems do you solve for your customers or clients? Think aboutrepparttar 120108 value that you offer and distill it into five to seven key speaking points. Offer information that can help someone with a problem or issue they’re experiencing. Provide useful references to books, websites or other resources. Teleclasses are a great way for people to experience who you are. They can hear your voice, ask questions, and interact with you. Not only can you establish yourself as an expert while providing valuable and useful information to participants, but atrepparttar 120109 same time you’ll be establishing relationships with people who may contact you inrepparttar 120110 future.

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