Saturday, 2 June 2012

Making a system out of marketing to cut costs

By Scott Bonner


Marketing tends to get the smallest amount of attention by small businesses, but is the most vital thing they can do. In some ways the small business owner slaps together a print, radio or television ad and calls it done. Whatever comes from it comes from it. However this is often not a very effective method at seeing results. In bad commercial times marketing budgets are the very first thing cut when they should be increased. Marketing is what pulls new clients to your business it permits you to grow in great times and stabilise in bad times. No new purchasers means no opportunity to sell.

For many marketing your company is something to sub-contract to others. In the case of specific jobs or a smaller company I'll agree with this. A centered internal marketing team will see better results then an external team spending part of their time on your business. You may gain a better understanding for your shopper and how to market to them.

If you happen to have got a moneymaking small business it's time to think about making marketing a staple within your company. Bring in at least one person to oversea the marketing efforts and take charge of the outside companies. Most external marketers do plenty of one and done approaches, where they do one campaign take their best guess at what will work or whatever came to mind first and stop. They do not attempt to understand your customer like you do or work out the easiest way to relate to them.

With marketing there's a lot of trial - error, and data that has to be used to make good decision and make a working marketing system. Effective marketing is tedious and plenty of statistics and trends that warrants a full time individual targeted on marketing. To grasp how much goes into a good marketing campaign and why a full time individual is required let's look at what is concerned.

First task of a marketing pro is to identify the target market, who are they, where are they able to be reached, how do you reach them and how do you convert them. Generally marketing demographics are used to express the target audience such as with MovePoint Moving Software as an example, Our targets are folks of ages between 25-55, business owners or entrepreneurs working in the moving industry, they are independent local movers not truck lines affiliated. Due to no affiliations reaching them there are not straightforward places online where they hang around and chat you can promote yourself at, and infrequently do they go to the large conventions. Meaning you have got to find things they do online and offline and position yourself where they go.

2nd the marketers must survey or poll their market to establish common features and supply an informed guess as to how to join with them. For instance moving software is usually difficult to utilize and crappy and a lot of our client say they like how easy to utilize our software is matched against the others. So sending a message of... "easy to use moving software" can be valuable place to start the marketing campaign.

Third you should select a medium and design a campaign around it. For instance, are you working with Internet adverts, postcards, e-mails, and so on. How should it be designed? What are the calls to action (COA)? How are you able to track results? Then design an alternate campaign in the same medium with an insignificant difference to figure out how that change might effect the number of COAs that are taken. This could be a different look, different message, maybe even a different medium, or something as simple as a different colour.

4th, designate trial groups to split test them while tracking metrics. A bunch of over 400 would be good to have a good test set. Send each group one version and see what the information tells you. Track the metrics how many of them took actions like viewing the ad, following the action call, and buying your product or service.

Fifth, what can the information picked up tell you? Did one receive more response then another, it probably resonated with your audience better and the differences between the two will teach you something. Think about how that change potentially relate to their mindset or consideration processes? Can you pull any common marks out of the people who replied? After that test you must get some better ideas for your next test.

Repeat this process testing notions and concepts you have about your audience till you get a crystal-clear picture of who they may be, and how you connect to them. Through enough random test you will find techniques to connect with your target market across any medium and find ways to reduce your marketing spend and quickly decide what marketing opportunities are out there for you.

To find a marketing company that puts this level detail and effective marketing practices into. Place will require a company with some considerable time and dedication to you and require big money. You are often better to have an in house team to handle the method and systematize the marketing process. Then outsource the execution of the marketing, design, or minor parts to outside firms where they concentrate on sending the planned message. While this process is dreary it's the one proven way to make certain your marketing is the best it can be.




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