TOP MARKETING TIPS

"The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself."
Peter F Drucker

Marketing Planning

  • Quantify your marketing objectives
  • Budget for time and finances to achieve them
  • Identify what else you need to know
  • Manage the process all the way
  • Review and adjust on a rolling basis

"Management by objective works - if you know the objectives. Ninety percent of the time you don't."   
Peter F Drucker

Advertising

  • Do it for response or awareness, and always make it easy to respond
  • Measure before and after to see if it works
  • Avoid one-off advertisements - a series works better
  • Check what your customers/prospects actually read before booking space
  • Bigger is not better- go for an early right hand corner

Direct Mail

  • Use a clean list - business lists change by 30% each year, consumers by 20%.
  • Make a good offer- give them a reason to contact you
  • Use AIDA in your letter, and have more "yous" than "mes"
  • Attract attention by a question/ challenge/statement/lumpy envelope
  • Be aware of the best time for a positive response

Customer Newsletters

  • Give your customers more information about you, in an easy to digest format
  • Tell happy customer stories - they are more credible than simple claims
  • Introduce your people - people buy people
  • Re-cycle PR stories
  • Use involvement techniques like competitions and response to your website

Exhibitions

  • Plan using cost/benefit matrix
  • Quantify other benefits - list gathering, competitor information, awareness
  • Think of your exhibition stand as combined stage/retail shop
  • Use involvement devices
  • Train staff to identify level of interest/competitor promptly and follow-up

Seminars

  • Use to demonstrate new products/ services
  • Mix clients/prospects
  • Link with trade magazine for more publicity
  • Invite hands-on interaction
  • Develop your networking skills

Brochures

  • Think carefully how your brochure will be used
  • Consider your target audience
  • Apply the 30 second attention test
  • Check out what brochure the competition have
  • Clever printing saves money (and is environmentally responsible)

Sales Promotion

  • Use when product/service is mature or a commodity
  • Use when competing for market share
  • If using competitions, make it look easy to win
  • Even sophisticated business people like appropriate free gifts
  • BOGOF - 'Buy One, Get One Free' helps move stock to your timetable

Public relations

  • Worth up to 5 times the credibility of advertising
  • Identify your key publics and influencers
  • Tailor the message to your reader
  • Planned and consistent works harder for you
  • Apply the yawn factor -would you read it if it were not about you?

Putting it all together

  • Log sources of enquiries accurately
  • Use most cost effective first, least cost effective last
  • Measure everything in term of return

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