Marketing Information

6 Simple Ways to Determine Which Marketing Ideas Are Best for Your Business


Did something catch your eye in a direct mailing this past week? Have you recently gone to a website and encountered something entirely new that caught your attention? Did a friend of yours try out a new marketing idea and generate a few thousand dollars of extra business overnight?

As a small business owner, it's all too easy to get caught up in the hype of new marketing techniques that promise quick rewards for little cash. I'll even admit that we copywriters are trained to overcome your psychological objections to buying what we're selling so that you're ready to whip out your wallet right then and there.

And especially in certain marketing circles, the marketing materials for a new whizbang idea are so compelling, you're driven to dump everything you've been doing in order to start trying the latest, greatest end-all be-all marketing technique right away. But this can be dangerous to your bottom line -- or even your entire business.

Whenever you try out a new marketing idea, it's important to proceed with caution. Here are 6 quick tips to keep you on track:

1. "If it ain't broke, don't fix it." If you have been sending out a direct mailing that steadily brings in business at a rate that you are happy with, don't stop using this technique just to put new life in your marketing plan.

Instead, test different types of offers/approaches/what have you using a small portion of your mailing list (10% is a good start), see what works best and then test some more using that approach as your control. Make sure that you apply whatever you learn from these tests to your other campaigns, and then test some more.

2. Measure your results in order to determine what works best. There's no reason to try something new if you're not able to see what works.

For example, I recently tested a different approach on a page on my website that is solely dedicated to generating subscriptions to my Avenues to Marketing Success Newsletter. To see if the new copy worked, I sent traffic from one source to the new page and tested the old version of copy against the new. I then tweaked the version that worked best until I found a balance that got the best response from my target audience of small business owners.

3. Marketing isn't just about the numbers.

Sometimes a marketing campaign doesn't work its magic right then and there. It has a slower, but longer-lasting effect that will generate long-term sales for you and build trust in your group of prospects.

This is a concept so near and dear to my heart that I'm literally writing a book on this, in fact, and I have found that over time, even campaigns that don't generate an immediate boost in income have residual effects that ensure the longevity of your business.

So remember that you're selling to people who need time to warm up to you and might not respond the first time you try a new marketing tactic. Give it a little time.

4. If it sounds too good to be true, it probably is. I can't count the number of times I've had clients approach me wanting to use a new marketing idea because 3 people gave testimonials on a website stating that they made millions overnight.

I don't doubt the authenticity of many, many of these testimonials, which often come from reputable marketers who have built a legitimate business rapidly, but there is a reason why the vendors selling these sorts of products use disclaimers stating that the income earned is atypical and may not work out for you. Their market is not yours, their circumstances are not yours, and most good things require work to accomplish, regardless of what is claimed.

But don't let this discourage you. After all ...

5. It's always OK to try something new; just make sure not to discontinue the marketing you've been doing that gets results. The 10% rule works here as well. Spend 90% of your time and money on marketing that you know has worked before and will work again and again, and use the other 10% to try new techniques. This way you won't miss out on a stellar new idea, but you also won't bankrupt your business if your technique fails.

6. Wait 3 days to decide. That's all. Just wait.

Sure, it's tempting to jump right in the moment you read scrumptiously mouthwatering copy that shows you how countless business people before you have turned tiny businesses into multimillion-dollar conglomerates ONLY if you buy today, but that's the point: The copy is designed to get you to act now.

Even as a copywriter myself who's fully aware of the sales techniques involved (and uses them when it makes sense and is ethical to do so), I know how hard it can be to resist the temptation to buy the very moment you encounter it; it happens to me as well, and theoretically I should know better. To ensure that you're making an educated decision, stick a note in your calendar to revisit the idea after 3 days and see if it still looks as good as it did the day you first encountered it.

In any case, expanding your marketing horizons to include new marketing ideas is always helpful if it allows you to learn more about what your prospects are looking for. Just proceed with caution, use a little moderation and you'll see what works and what doesn't in short order.

Copywriter/marketing strategist Jennifer McCay helps individuals and small businesses turn their expertise into marketing success stories. She is the publisher of the Avenues to Marketing Success Newsletter, which delivers tips to help you rev up your small business marketing. To subscribe and receive a FREE special report on 7 ways to improve your sales copy, head to http://AvenueEast.com


MORE RESOURCES:

BILMBA Marketing & Associates Launches 1SwingThought.com to Aid Golfers in ...
Sacramento Bee
By BILMBA Marketing & Associates LOS ANGELES, Feb. 10, 2012 -- /PRNewswire/ -- BILMBA Marketing & Associates has launched a new website http://www.1SwingThought.com with a simple yet revolutionary product for golf equipment designed to help the 20+ ...

and more »


TSN

Milwaukee Mile back on IndyCar schedule, Andretti-led group to promote June 16 ...
Washington Post
A marketing company led by former Indy driver and current team owner Michael Andretti announced Friday it will promote a race weekend at the one-mile oval June 15-16. The race will be held Saturday afternoon, and the two-day event is expected to ...
IndyCar returns to Milwaukee for June 16 raceSan Francisco Chronicle

all 112 news articles »


SEO Services Alert: Internet Marketing Blueprint Unveiled at 2012 AAJ Winter ...
Sacramento Bee
10, 2012 -- /PRNewswire/ -- When you design your house you need an architect; when you design your lawyer Internet marketing campaign, you need an SEO architect who understands the online legal marketing industry. Cepac lawyer marketing consultants ...

and more »


Nan Richardson Named Director of Marketing & Business Development for JG ...
MarketWatch (press release)
based commercial/retail contracting firm JG Construction as director of marketing and business development. In her new position, Ms. Richardson will be responsible for all marketing activities both internal and external, including client relations, ...

and more »


Brafton (blog)

Lead Scoring: How B2B Search Marketers Can Lead the Process
Search Engine Watch
by Derek Edmond, February 10, 2012 Comments B2B search marketing teams should step up to the forefront in lead generation initiatives in 2012. According to the 2012 B2B Marketing Benchmark report by MarketingSherpa, three of the top four challenges ...
Content Marketing is King: Are You in the 82?Exec Digital (press release)
Why content marketing is your key to B2B lead generationBrafton (blog)
Survey: Marketing resource allocation to social lagsBtoB Magazine
Business 2 Community -Econsultancy (blog) -Business Strata - Business News
all 23 news articles »


BancorpSouth Insurance Hires Texas Region Marketing Manager
Sacramento Bee
10, 2012 -- /PRNewswire/ -- BancorpSouth Insurance Services, Inc. hired Larry D. Batie II as marketing manager for the Texas region. He previously served as account executive and assistant vice president at Marsh & McLennan Companies.

and more »


Manufacturer.com

PepsiCo to Cut 8700 Jobs, Spend More on Marketing Brands
BusinessWeek
9 (Bloomberg) -- PepsiCo Inc. plans to cut 8700 jobs and boost marketing spending for its brands by as much as $600 million as Chief Executive Officer Indra Nooyi works to speed up profit growth at the world's largest snack-food maker.
Pepsi to increase marketing spend at expense of 8700 jobsManufacturer.com
PepsiCo To Cut Jobs, Boost Marketing; Lowers 2012 ViewWall Street Journal
PepsiCo Cuts Jobs To Boost Marketing ExpensesDaily Gossip
DM News
all 589 news articles »


SubmitinME

Marketing Your Business With Pinterest
WebProNews
Typical marketing rules begin to apply here. The main idea is to get traffic to you. What you do with it from there is up to you. And, Pinterest is amassing a great record for getting them to your door/site. Other types of businesses that are using ...
Social Media Marketing with “Pinterest” – In and OutSubmitinME

all 90 news articles »


Pre-Opening Corn Market Report for 2/10/2012
NASDAQ
Outside market forces look negative today with a surge up in the US dollar and weakness in equity, energy and metal markets overnight. While the USDA report showed a sharp drop in South America production and a further decline in US ending stocks, ...

and more »


Fortune

The Facebook IPO: Marketing, hypocrisy, and arrogance
Fortune
They involve marketing, hypocrisy, and arrogance -- in other words, standard Wall Street fare. If Facebook's offering ends up being the advertised $5 billion, and the company's stock market valuation is in the expected $75 billion to $100 billion range ...

and more »

Google News

home | site map
© 2006