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Burst Marketing: Don’t Get Cocky

April 11, 2010

So a semi-thaw has begun in the frozen tundra that is economic activity.

Some business owners have reported an increase in productive conversations with potential new clients.  New business is being booked.  There is a small semblance of a smile forming at the corners of their mouths.

After many months (for some a couple of years) of absolutely no response to their marketing efforts there are signs of renewed life.  We’ve heard from one owner that has seen results from a small marketing effort – he seems to think that he can handle the new inquiries for now and then do a little more marketing, handle those new inquiries, and so on.

Our message to him…don’t get cocky.

Yes, customers are placing orders to catch up for those that have long been on hold.  The spending freeze over the past 18 – 24 months has led to some initial catch up business for those that have survived.

What happens when those purchases are finished?

Well, the normal marketing and sales cycle kicks back in, but with a longer time line.  We’re certainly nowhere near being out of the woods.

Marketing success cannot be achieved by turning the spigot on and off in spurts.  If you hooked your marketing effort up to a heart rate monitor, it should look something like a normal sinus rhythm.  Steady, steady, steady, pulse.  Steady, steady, steady, pulse.

This thaw is the signal that prospects are at least somewhat willing to listen.  And its your signal to warm up, approach the starting blocks and begin to jog.


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Don’t Take The Meeting

November 8, 2009

One of the worst things any marketing organization can do is to take a meeting for the wrong reason.

A face to face meeting is a prime opportunity to accomplish something valuable in a business relationship.  So you need to be clear on why you want this meeting, and that whomever you’re meeting with has the same or similar understanding.

Recently, I attended a meeting where a consultant thought he was there to help a client develop an approach to solve a particular problem.  However, the client already had a pretty good handle on the plan of attack, they simply were looking for help to hone the plan and to execute it.

This joint misunderstanding led to frustration for both the consultant and the client and ultimately a major opportunity was diminished.

Moral: We work hard and spend money to make and develop new relationships.  Be sure there is up front agreement on the reason for an encounter and check in along the way to be sure you’re staying on course.

Your reputation and your business depend on it.

Posted by: Steve Banis


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Converting Fascination to Real Interest

August 10, 2009

Seduction is an art…and a science.

A brief glance across the room. Penetrating eye contact and a smile. A brush of the hand…

Well you get the idea.

Good marketing aims to move beyond seduction.  To take a “passer by” beyond fascination with your shiny new thing to legitimate and immediate target.  That means dinner, dancing, and dating.

It’s rational economics.  Moving them through the sales cycle by helping them see the true cost of NOT acting.

Stoke their fascination. Make friends. Have rational conversations. You offer a solution, or excitement, or notoriety. Whatever problem they really want to solve.  And you do it at a justifiable cost.  It’s not just money. Sometimes its not money at all.

Its time, comfort, or prestige for example.

Make it easy for them to talk to you. Online, offline, in person. Let them get involved with you – with forums, social media, and live events.

What brought them to your door was only skin deep.

What brings them into your living room is the comfy couch, great music, good coffee, and intelligent conversation that connects.

Posted by: Steve Banis


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Lead Them to Water…Automatically

May 31, 2009

A recent case study on MarketingSherpa.com demonstrated the effectiveness of autoresponders.

This is a tool offered within better equipped email platforms that allows you to program a series of messages to be delivered to your target lists at designated intervals.

What makes this so powerful is the ability to let these campaigns run by themselves. Further, with some extra work, you can separate, qualify, and bring your targets closer to doing business with you by following multiple communication paths.

Scooby Doo, where are you?

For example, say you want to reach customers that are interested in collecting old lunchboxes. (I had Scooby Doo in 2nd grade.)  Some of these babies go for thousands of dollars. (Mine got thrown out, along with my baseball cards. Thanks mom.)

So you set up a landing page showing off examples of some boxes you have for sale.  It also explains that you have a real nose for locating those hard to find boxes that make a collector drool.

Then your targeted communication program brings you visitors to your site who sign up to receive more information.  Now here’s where the autoresponders get to work.

You’ve written a series of messages that goes to every new person who signs onto your list.  Out goes a welcome message immediately.  Next day, you send them a little biography about yourself, and the big finds you’ve made in the past and how you’ve seen some of your clients make lots of money on their lunch box investment.

Lead them to water

One week later, you send out a testimonial letter with a story from one of your customers.  It says that you helped him relive his childhood and connect with his son by finding him the exact box he had when he was 8 – the Rocky and Bullwinkle one with a bright blue background. It made him cry.

Two days later, you send an email asking your reader to let you know what kind of interested party he is…a real collector looking for that hard to find, expensive treasure or someone just interested in the topic.  You can now create two lists from those who respond – qualified buyers and tirekickers.

Now separate them into two lists, and send each their own set of email messages. For the qualified list, it may pay off to make them personalized.  All the while, you’re bringing the qualified prospects closer and closer – without ever picking up the phone.

It takes thought, creativity, intuition, hard work, and a little bit of talent. But once you’ve got your process, it’s all automatic.

Posted by: Steve Banis


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Survive and Advance

March 22, 2009

I don’t know if you’re a college basketball fan, but in case you missed it (hard to do); it’s March Madness time again.

Each year as the calendar points towards spring, a field of 65 college basketball teams square off to determine the national champion. And every game is sudden death.  Win and you play on, lose and you’re season is over.

It’s a fine, if dramatic, metaphor for what you face every day. Jim Valvano, the late coach of North Carolina State coined the phrase “survive and advance.”

No kidding.

Where are they coming from?

Even as some competitors are shutting their doors, others are still advancing. And some of the survivors aren’t the same competition you’re used to seeing.

The CEO of Dollar Stores recently said that he is seeing customers in his stores that were once regulars at Target. Former Macy’s customers are now helping to create big sales at WalMart.

Seen the deals at Caribbean resorts lately? They’re cheap. That’s because Wall Street execs are staying home or loading up the Volvo station wagon and crying their way to the dude ranch. It’s creating business for more cost-effective lodging such as owner rentals.

And that doesn’t count new competitors from around the globe showing up on customers’ desktops.

Even as the field of traditional competitors narrows, the overall competitive landscape is actually getting more crowded. That puts a premium on focus.

Among many other factors, advancing depends on your ability to:

  1. protect and defend your customer base,
  2. finely tune your target prospects and your marketing message,
  3. choose your allies wisely. It’s never been more important because the margin for error has narrowed.

Focus on your sales funnel. Recognize that the number of steps to completing a sale have increased…and take longer.  Have a plan:

  • - Define specific target names and locations: attack your competitors
    - Fine tune your relevant message and call to action
    - Be ready to “welcome” inquiries
    - Use a series of messages to move them closer to a meeting or visit
    - Make targets an offer and ask them to take action
    - Ask for the business and be ready to adjust
    - Make a client – and nurture the rest
    - Continue to communicate to your clients
    - Thank clients for their loyalty and ask for referrals

Keep focused. Keep moving forward. Survive and advance.


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net

 

Criticizing Your Competition

January 11, 2009

A major dilemma faced by salespeople in a competitive market is how they describe their competition to customers.  Too harsh, it’s sour grapes. Too meek, you risk losing control of the conversation.

I’ve always found it best to answer that question with a reasoned, light-hearted approach that draws the differences between you and them and reiterates the answer to “why you.”

Our ‘Millennial Voice’ in residence, Mary Ann Rogers seems to agree. Here’s her entry regarding negative advertising:

I have always hated the months leading up to the presidential campaigns. It’s not enough that we are bombarded to the hilt with slogans, bumper stickers, commercials on radio and TV, print ads, and yard signs begging for our vote, but add mudslinging to the mix and I’m ready to scream.

Maybe it’s my southern roots, but my mother always told me, “If you don’t have something nice to say, don’t say anything at all.” And I usually agree! Worry about yourself, I say and quit squawking about the other guy.

But I suppose negative campaigns get results; just look at how many politicians are using them. But do they work outside of politics in the world of everyday people and consumerism? Can negative campaigns have a positive effect on your audience?

Let’s look at Apple and McDonalds. These two industry giants are currently running negative campaigns, poking fun and shining an unfavorable light on their competitors.

I’m sure you’ve all seen the recent “Get a Mac” commercials featuring actor Jason Long as the hip and cool Mac, and comedian John Hodgman as the stuffy, out of touch PC. (Click here to view.) Not so subtly, PC always has a problem with his operating system or hardware and Mac’s life is always wonderfully easy. They wisely infuse humor into each commercial, so as not to anger or offend us PC users.

I found an article on Bnet.com recently that says Apple spent roughly $486 million dollars on their advertising in 2008 alone. Wow – that’s more than the gross national product of Liberia. But was it worth it? Absolutely. (Click here for full article.)

Because Microsoft waited until two years after Apple launched their negative ads to begin their own retaliation campaign, Apple was able to capitalize big time. The article claims that not only did Apple raise their ranking in the U.S. (from fourth to third this year for computer manufacturers) but they also increased their market share. The gamble paid off!

Incidentally, Microsoft’s ultimate response to Apple’s ad came with their “I’m a PC” commercials. (after the ill-fated Bill Gates/Jerry Seinfeld spots and their “blind test” Sierra operating system effort.) They feature dozens of people from around the world and all walks of life, claiming that they are not stereotypes, they are PCs and that’s ok. Not nearly as humorous as Apple’s commercials, but they get the message across. (Click here to view.)

Just this morning while I was reading the news online, making sure the world hadn’t frozen solid during the night, I saw an interesting article on CNN.com. McDonald’s has taken a note from Apple and launched their own mini-negative campaign aimed directly at Starbucks. 140 billboards have been strategically positioned throughout the city of Seattle, Starbucks’ homeland, with saying like “Large is the new grande,” and “Four bucks is dumb.” (Click here for full article.)

And while McDonald’s claims the billboards are all in fun, Starbucks is bristling at the competition, calling into question McDonald’s credibility. Ouch.  Since the campaign has only just begun, and will only be focused in Seattle, we won’t know for some time if it is effective or futile, but it will be interesting to find out.

Until then, I will continue to type away on my PC at the local Starbucks and get my kicks out of McDonald’s and Apple’s successfully humorous jabs at their competition.

Posted by: Steve Banis and Mary Ann Rogers


Want to Know More about Albany Marketing firm Burst Marketing?
Visit us at www.burstmarketing.net