Apr/11
Business Goals 2011: Measurable Marketing
J. Paterson - Every year, we all strive to improve our business goals, and marketing/advertising is always at the top of the list.
With technology growing faster than most of us can catch up with, it’s become increasingly important to utilize this technology to improve efficiency, make smarter advertising decisions, and improve our bottomline.
For the longest time, advertising decisions were made based on the pitch of the ad-rep, mixed with a few recommendations from colleagues/friends, and by simply following what your competitors are doing.
Let’s shoot a hole in each one of these angles, just for fun
- The ad-rep has to eat… so he/she is going to tell you what you want to hear.
- If your colleague/friend owns a flower shop, and you own a car dealership… is there recommendation necessarily a good one.
- By following your competitor(s), you’re basically admitting to yourself that they’re smarter… and your advertising dollars are being spent, based on their decisions.
Gone are the days where you throw an ad in the newspaper, stare at the phone and assume that everyone who calls, noticed your ad beside the article on high gas prices.
Technology allows us to measure each and every activity, relevant to any/all of our advertising efforts. Whether it be a newspaper/magazine ad, direct mail campaign, tv/radio campaign, or online ads, if you’re not effectively tracking these ads, i promise you, you’re wasting money.
Measuring your marketing efforts provides you with valuable answers, to help you make smarter advertising decisions moving forward.
Let’s say you’re meeting this afternoon with a local magazine representative, whom you’re interested in placing an ad in their upcoming issue. You agree to drop $1,500/issue for 3 issues… equaling a total investment of $4,500.
You provide them with the artwork (or they develop it)… using your phone number, website, and some catchy little tagline… Sounds great right?
Well, now the magazine goes to print, you get your copy… and you start cracking your knuckles waiting for the phone calls to pour in… And maybe they do. The question is, how do you know what drove these phone calls?
Sure, you can tell your staff to ask the “How did you hear about us?” question… But in reality, if you’ve tried this before, you’re well aware that this tracking method isn’t worth squat!
Now, it’s 3 months later, you’re $4,500 deep in an advertising decision that ultimately, you have no idea how effective is was/wasn’t. The ad-rep comes calling again, and you’re stuck with another decision, without the proper tools to help you make a smart one.

Using technology to effectively monitor your marketing activities isn’t difficult, you simply have to team up with the right people (like us), before launching that new advertising campaign… We’re able to tell you, whether or not you just threw away $4,500 (so you dont do it again), or that it was money well spent.
Sure, stats are nerdy and boring… but what’s worse is blinding advertising, when all the “eye-opening” tools you need are readily available.
So, before you spend another dime, let’s open those eyes!
Feb/09
Top 5 Marketing Myths
Myth #1 - Marketing is simply advertising & Sales
Marketing is educating your target audience about your products and services and showing them why they should buy from you. Marketing is the whole package of what you do to reach this target audience. Advertising, direct marketing, Internet Marketing, events, PR, strategic partnerships and networking through associations all make up marketing as a whole. Taking advantage of all the options available to your business in terms of applicability and budget is what truly makes a successful marketer.
Myth #2 - Email Marketing is no longer effective… It’s SPAM.
Email marketing is still the most effective form of communication if done properly. People always want information and offering it through an opt-in email marketing program is a means of reaching people in a low-cost manner. Building an in-house email list by encouraging visitors to your store or web site to sign up for your newsletter or other type of correspondence is the first step in effective email marketing. Think of it this way… If a customer or prospect asked you to call them next Tuesday, would you simply ignore them? Of course not. Opt-in subscribers are interested in your products/services and want to be kept in the loop. It’s as simple as that.
Myth #3 - Great marketing works instantly
Although marketing can shorten the sales cycle, and some tactics can produce instant results, effective marketing is about sustained contact with your target audience to ensure they know who you are when they are looking to buy. Marketing is an investment and like all good investments, they take time to achieve the greatest gains. Consistent, branded messages in an effective manner is the true key to marketing success.
Myth #4 - Lower Prices encourage more people to buy
If that were always true, the roads would be filled with Hyundai’s and a Mercedes-Benz would be nowhere to be found. Differentiators are what the prospect perceives is valuable to them. The reason for so many options among types of products is that people have different views of what is valuable to them. That is why it is so important to target your product or service correctly so that you can provide the maximum value at the right price, not an artificially discounted price because you are trying to reach the wrong audience.
Myth #5 - Marketing messages should be changed often, or it just gets old
Consistency and repetition is marketing’s best friend. Often times, a company’s marketing messages are just starting to resonate with their audience, and they decide to change angles. Changing your messages, brand, or marketing campaign for the sake of change is a waste. Be sure you plan a strategy that has options. For example, if you are doing advertising, you can start a theme and change the image throughout the campaign, sending the same message to you clients. This eliminates potential boredom and increases interest.

