
Is your advertising and marketing program doing
all it can for your business? If you're like most companies, the answer is
NO! We're not just talking about marginal improvement. We're talking BIG IMPROVEMENTS
that are measurable.
Here's why most advertising and marketing fails in order of importance...
#1: Failure To Do Research
Before Beginning A Campaign
Here's the biggest secret in advertising. Most ads will never produce significant
results for a company, they're destined to fail before they every run. Why?
Because the whole reason for advertising is to motivate a prospect to do business
with you. If you don't know what motivates a prospect, how can you write an
ad that will spur them to action? That's why we never undertake any project
without first doing customer perceptive research on two subjects: Prospects
and Customers. Once we determine what motivates them, we write copy that works.
We take that information and use it throughout your organization from inbound
phone calls, sales presentations, to referral programs. Doing research is
inexpensive and is the difference between campaigns that work and those that
don't.
#2: Failure To Differentiate Your Company
Every business has competitors. Unfortunately, consumers can't tell see the
difference between your company and the multitude of competitors. If your
marketing is ever going to be effective, you must differentiate yourself from
the crowd. We do just that for our clients. An effective differentiation strategy
can help you stand out like a lightening rod in a storm.
#3: Failure To Test
Thousands of dollars are wasted every year on advertising campaigns that underperform.
We've made significant improvement to client's ad programs with one or two
simple changes based on testing. If you're not testing every aspect of your
marketing, you're making a BIG mistake. Often one offer will outpull another
3 fold. Or a simple change to a headline can double response.
#4: Failure To Maximize Your Marketing Assets
Most companies do some type of advertising or have salespeople that
interfaces with customers. However, virtually no company takes advantage of
all the marketing assets available to them. Hire us and our marketing program
will integrate all your assets (inbound phone, salespeople, customer service
reps, delivery, and referral programs) just to name a few. Most companies
let these assets sit there. They're paying for them, but they are not maximizing
the profits that could be generated. A referral program alone can double sales
and it costs virtually nothing to implement.
#5: Failing To Educate The Customer
Many companies fail to explain why a value is so good, or why their
price is higher than competitors. Whenever you make an offer, ask for a sale,
run an ad, have a salesperson make a proposal, always educate the customer
as to why it is a "good deal" for them. Why can you sell for less
when everyone else is more expensive? Your customers will never know until
you educate them.
#6: Thinking Advertising
Has To Be Cute Or Funny To Be Effective
Forget that! The best advertising makes the cash register ring. It
is measurable and accountable. That's why we say the best marketing is the
product of the least expense that results in the highest Return On Investment.
#7: Failing To Spend The Correct Amount
You should spend x percent of your revenues on marketing. Great direct mail
generates an x percent response rate. Hogwash to it all. Every company, every
time in history, every product/service/every goal is different: so how can
there be universal rules. And if you are told that the best return you can
get on direct mail is 1 percent, don't use direct mail. Or seek to generate
10 percent! Rules are for schools. Results are for businesspeople! Great marketing,
inspired marketing, can be the most powerful force in growing companies large
and small. The great marketers - Bill Gates, Mary Kaye, Tom Watson, Ray Krock,
Sam Walton - avoided the myths, avoided bad marketing and drove their companies
to the mount. You can do the same.