 |
Does Your Marketing Plan Need Changing?
Change is good, right? Not always. But when is it bad? Is it a question of good or bad? Sounds philosophical. Maybe it is. Philosophize on this?why would one take something that is going good - no.. great - and change it? Obvious answer is to make it better. Not! In business or in marketing, change is not always good. When you have certain promotional actions that are in place making things happen, or in better terms, making you money - don't change them! Why do I say this? Because I see it time and time again. Someone has a marketing campaign that is bringing in a good return on investment and they up and decide to change their postcard! What?!?!?!?!? Change your postcard - why??????? "Er uh, we just decided to do something different." And then some three or four months down the road, they call back with their tail between their legs and ask - no demand to have everything back the way it was before. In this latter case - change is good. I am not just saying that to say that one should always keep their postcard marketing campaign the same and never change it. Quite the contrary. Change your marketing, change your habits, change your way of life when it warrants it. There is really some truth to the old adage "If it ain't broke, don't fix it." Maybe it is human nature to want to change everything once something gets going just the way they planned it. Who the heck knows? All I can say is step outside the human-nature box. Change only when things are drastic or when change is warranted. Drastic circumstances deserve drastic measures. But how do you determine drastic? Sometimes that is really easy. Your company's income is crashing. Do something! Change! Or better yet, figure out what you changed and get it back to what was working. How about a plateau? Does that deserve change? Depends on how long that plateau lasts. I have never seen things leveling off and staying level forever. It either goes one of two ways - up or down. I know an optometrist who had a very successful practice in small town USA. He never really marketed. He never really had to. People knew of him from miles around. Mainly he did PR stuff - a fundraiser here, networking there, etc., etc. His good works made him well known and respected and the community ooo'ed and ah'ed over him so much the paper loved printing it. But things changed. Malls started opening up. People started shopping out of small-town USA and into the bigger cities. The environment changed. But he didn't. He still kept a good practice, but you could see something interesting - his gross income started to plateau. And over time - many years - that plateau gradually started to show where it was really going. I actually don't have to say where - you've got the picture. Now, would that demand drastic measures? Taking into account inflation, cost of living and other factors that are on the rise - yes, I would say that would demand drastic measures. Did he take them? Not until the direness became all too apparent. But yes, he finally did take them. He started postcard marketing his you-know-what off! I have another client that is just a dream. They have had the same list for the past 5 years, ever since they have been in business - thirty thousand physical therapists they mailed to over and over and over and over and ? They never changed. They figured if it was bringing in the income it was the thing that was working. And it worked and it still works. And today - they made Entrepreneur's 100 Hot List for 2005. So, next time you think about changing your marketing plan, look to see if it needs it. Look at your numbers. Are they improving? Declining? If your income is going up - don't change one single thing. But if it is going down or flat lining - for heaven's sake, change! Joy Gendusa founded PostcardMania in 1998, her only assets a computer and a phone. By 2004 the company did $9 million in sales and employed over 60 people. She attributes her explosive growth to her ability to choose incredible staff and her innate marketing savvy. As an Expert Author, she is always willing to share her marketing advice through articles, interviews and speaking engagements; visit http://www.postcardmania.com
 |
More resources:
|
|
 |
 |
 |
RELATED ARTICLES
How to Run a Successful News Release Program
Marketing public relations gives you cost effective ways to reach your audience. The trade-off, however, is time.
Write Effective Fundraising Letters By Being Conversational (Includes Examples & Samples)
I am doing what you do, sitting at my computer, trying to get my thoughts out of my head and into a written form that will help you make a decision. In this particular case, I am trying to write a few intelligent remarks about sounding conversational on paper.
Feature Your Benefits
Sales Copy? eventually every small business owner must consider what needs to be included in order to produce a successful advertisement or piece of marketing material.You begin with a fancy graphic, your company logo, a slogan, and perhaps a special offer.
The Marketing Plan and the Four P's
The Marketing Plan section of the business plan demonstrates how a company will penetrate the market with its products and services. The Marketing Plan should include "the four P's" - Product, Promotions, Price, and Place.
Celebrity Product Placement: A Primer
With more and more companies wanting to integrate their products into the lives of
celebrities, now seems like a good time to take a closer look at Celebrity Product
Placement, describe three common approaches, and outline what steps can be taken
to guarantee results.The term "Celebrity Product Placement" is used to describe several related
techniques, but its definition applies to each: free products are distributed to
celebrities in expectation of a promotional benefit.
Do You Get Attention With Your 30-Second Introduction?
I went to a networking event the other day where the meeting leader said, "We're going to skip doing the 30-second introductions today because mine's so bad and it doesn't work that it nauseates me." I thought to myself, WOW! I'd skip the next networking meeting until I'd worked out a new introduction.
Top 10 Tips To Market & Build Your Professional Practice
In building and running a professional practice (or any small business or a home-based business), there are many items that must be monitored closely. As a small operation, you can't afford to find out too late that a critical aspect of your business has gotten off-track! This list looks at 10 items to emphasize at the start of a new year, or any time you want to rapidly grow your business in a short period of time.
How to Protect Yourself Against the Hidden Cost of Shipping to Trade Shows
Trade Shows are lots of work, but they can generate lots of new business for their participants. In addition to the expense of staffing your booth, food, lodging, display, travel, etc.
Why Market Research Will Help Your Business
Do Crucial Market Research For Free, On Your OwnIs market research only for big corporations with deep pockets? No-actually, any business can put simple market research into place, and get about 80% of the benefit of the big, complex, expensive methods-without paying a penny.In my own one-person business, I've used informal market research to:Determine where ad dollars were effective, and where they were wasted.
Mobile Auto Detailers and Newspaper Companies as Clientele
If you are a mobile auto detailer or mobile car wash company you might wish to think of attaining the local newspaper as a strategic client for your services. Usually newspapers have large staffs, especially daily newspapers.
Online Advertising Versus Traditional Media Advertising
Before I compare today's online advertising with traditional media advertising I will make an analogy.If you've been on the Internet for as long as I have, you probably noticed that things have changed dramatically.
Create a Blueprint for Your Success
Having a strong foundation enables you to build a thriving,
profitable life and business. A simple method to create this
foundation is with Discovery, Vision, Planning and
Benchmarking, the four cornerstones of your life as well
as your business.
Sell Your Name, Not Your Product
Do you know what the majority of people sell? I could not tell you what Michael Green sells, but if he does sell something, then I would probably buy it. His name is popular among the "Marketers".
Ready, Aim, Fire...Oops...Wheres The Target?
Everywhere you go on the Internet you find the words, "target market." What do they mean? What does it have to do with you? Well it has everything to do with your success in sales.
Keeping your Business Card visible
Famous quotes that keep you thinking.Have you ever listened to a speaker and they say something that you want to make note of and use later? More than likely, you will write it down and then file it away, never to be uttered again.
Stretch Your Marketing Reach
One of the most cost effective marketing strategies you can utilize is an online newsletter, also referred to as an E-Zine.You can provide valuable content to your customers and potential customers with an E-Zine.
The Name Game
Pop quiz! If you have to say goodbye to your hard earned money to purchase something you've always wanted, who would you rather trust: an unknown provider or one who has an established name in the industry?The answer to that question shows how important branding has become in recent years. And consequently, brand building has taken an equal significance.
Let It Ring
Telemarketing has its place in the marketing arsenal. But telespammers - like their digital counterparts in the email marketing world - really make it tough on the legitimate follow-up telephone call from a company with which you have a relationship.
Is A Marketing Plan The Same Thing As A Communications Plan?
How does a marketing plan relate to an organization's communications plan? What are the differences? Is the marketing plan just one aspect of the communications plan? Should one consider combining them into a single document?A communications plan is a PART of your marketing plan. A communications plan is a focused strategy you use to get the word out about your business, product or service.
Two kinds of Advertising for a Marketing Strategy
Advertising is the lifeblood of any business. If you do not
learn how to advertise your products and services both
efficiently and effectively, you won't be in business long.
|