We all know that somehow some way companies need to market products and services to consumers and other businesses. How often do you hear someone say, “what can I do this month to sell a ton of products & services?”, this question is asked every day and usually with a quick solution with minimal long-term results. The bad part about this is tons of marketing companies take advantage of this question and will recommend a company use a quick solution so the marketing company can make a quick dollar instead of looking at the existing marketing tools that are in place at the company.
Looking at what a company already has in place can tell you where exactly to start, and how far they have to go. If the company is already marketing in some sort of way but just needs to give their consumers a push to the “buy” stage, then a short term campaign may work perfectly fine. However if the company has no regular marketing going on to even touch their existing customers, a short term campaign might be the first step in the wrong direction.
Every Marketing plan has it’s basics that need to be done in order to continually “keep top of mind” presence with the existing customer base and in the general market. We also know that your existing customer base in most cases with products and services is your easiest target for continuing sales numbers, plus retention of a loyal customer base is essential for growing your business. Happy customers not only keep coming back to you for products and services, but they can grow your business in two additional ways. First, they already buy something from you so when you expand your product/service offerings they are more apt to buying or at least considering to buy more products from you. Second, happy customers tend to talk which means more business or at least potentially more business for you. Friends love telling their friends about great experiences, it is a fact. Rewarding happy customers with a referral is even better.
The best start to moving your marketing plan forward is a basic marketing plan that retains and engages your existing customers constantly (but without being too aggressive and intrusive). Great ways to do this are through coupons, referral discounts/gift cards/bonuses, email marketing (cost efficient) and more traditionally direct mail (more expensive). If you are in the services industry then all of these ideas can be tailored to your company depending on industry and buying processes, sometimes a great way to keep a loyal service customer is just by using good ‘ole fashioned “relationship marketing.”
For more information, or just to engage in the discussion further CLICK HERE
Jul 11
12
When most companies sign up for a call tracking service the initial goal is for them to see how much response they are getting from different advertisements or lead sources. The mistake that is made is also in the presentation, once the client is sold on the lead tracking aspect the rest of the value that call tracking brings is forgotten.
The more valuable attribute of call tracking is the ability to listen to calls and analyze the way each call is being handled. This gives you the ability to see who is getting the calls, how effective they are at Sales/Customer Service and also decide who needs more Sales training. The listening feature is great for saving a customer that you might not be aware of their dissatisfaction with your product or service. Calls show the incoming phone number so you can easily call the customer back or even look them up in your customer database to have a more complete background of their purchase history.
Finally, missed calls alerts have instilled more value in call tracking numbers. Every phone call that is missed will send an email immediately to all managers to follow and use that info for adjusting Sales staff scheduling. If the Sales staff scheduling doesn’t appear to be he reason for the missed cals then it can trigger improvements in phone up processes so no phone call goes unanswered during business hours.
For more information on the importance of call tracking click here
Jan 11
3
The end of 2010 marked the first 6 months of Farfetched Studios LLC being in business and we’d like to thank all of our clients and vendors for everything they have done for us.
NOW, down to business. 2011 is going to be the year for growth and New Biz, which brings me to the point, how do you prepare for a whole year’s worth of changes in your industry, market and economy?
Some say, “prepare for the worst, hope for the best”, “constantly analyze everything” or even “go with the flow.”
Our best advice to any company, client or non-client is to read “Who Moved My Cheese”, it reminds us that we need to look at where the profits are coming from, where they previously came from, and where they are going to come from in order to determine your position in the market as well as how the company needs to adapt.
Oct 10
9
In this day and age there are new “marketing ” agencies popping up every day, there are also a ton of companies starting to call themselves marketing companies. Unfortunately you don’t always get what you pay for and that leads me to my point. Is your pseudo agency looking out for your best interests? Or are they simply just trying to sell you the next new thing that falls on their desk? Also are they doing exactly what they promise? Are they meeting deadlines? Are they paying your media bills immediately after you give them the money to do so?
We have a policy at Farfetched Studios, that is to view every client relationship as a partnership. Why does that matter? It’s simple, you wouldn’t sell your client something that won’t deliver results because in turn they are your partner, a key contributor to your success. Partners need to have a mutual respect for each other and a golden trust, selling products or services that don’t work will make you another person trying to hustle them out of their money. Secondly, sales isn’t marketing—it’s selling. Farfetched studios is in the MARKETING business, not in sales. We pride our business on giving honest opinions, thoroughly evaluated recommendations, and complete marketing plans. Finally, you get what you pay for. What we develop as your targeted marketing plan and what level of the plan you can commit to financially, will be exactly what you get. There is no exceptions.
Want to hear more about who-what-where-how? Click here
As we are working on some new presentation materials, we started to discuss how important presentation is and how it can determine your success. This goes from the basic development of your company name into the form of a logo to building an entire retail facility that focuses on the characteristics that make your brand. Consistency is key, company colors should be present as well as other brand characteristics (i.e.- brand symbols).