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Added for You - How Did You Hear About Us?
Executives and Emotional Self Awareness to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself.A major problem impairing an executive's performance is his Emotional Blind Spots. Emotions, whether we like them or not, have a significant impact on one's decisions. An example is the Enron case where executives ran into severe ethical and legal consequences after falling prey to the destructive negative emotions of greed and self-interest. It is perplexing how many success driven executives, choose to fear addressing the impact of negative emotions on personal and organizational performance.Helping executives become aware of the Emotional Blind Spots that cause them to steer into perilous decision making territory has helped them make better decisions and feel powerfully more secure in themselves. To help achieve emotional self-a If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here Leads Groups or Power Teams - How Can You Use Them Effectively One of the best things you can do for your business is to ask new customers how they found out about you. But when you do this, don’t expect to get accurate information.Leads groups can be just as powerful as a Power Team if you are able to work them properly. I try to scout out as many lead groups as I can and before making any commitment, I like to gather the cards of each member and set an introductory appointment. I explore what they do and who their best customer is. I also let them know what I do and what I think is my best customer. The final part of the meeting is spent exploring our current database of clients to see if there is a fit. Unlike a Power Team, the leads generated are simply that, leads. We do not collaborate on the projects. On the other hand, the Power Team does work in a collaborative manner. Power Teams also gain leads from their current client base but it is more focused on how I know this sounds strange, but it makes sense, I promise. If you make decisions about how to promote your business, then obviously you want to know how your customers find out about your business. So, you ask. The trouble is the information you get when you ask this questions is not always accurate. In fact it’s mostly inaccurate. My estimate is that it's about 25% accurate at best. There are two reasons for this. One reason is that people simply do not remember. People don’t remember because they have other, more important, things to occupy their mental space. Your business and your marketing are not tops on their list of priorities. (Sorry!) But, they want to give you an answer (because you asked) so they say some thing makes sense. “I saw your ad in the yellow pages” they might say. Or “I think I found you in the phone book”. I know because I do the same thing. It’s not that we’re dishonest. We just want to be helpful. A friend of mine told me about a survey they did once for an event they helped promote. They asked people how they found out about the event and over half of them said they heard about it on the radio. On the surface this sounded like great marketing feedback. But there was one problem. They never promoted this event on the radio. People said “I heard about it on the radio” because they wanted to be helpful and because they listened to the radio a lot. So, it made sense (to them) that they probably heard about the event on the radio. The second reason this sort of feedback is usually not accurate is because people hear about your business in many ways. Remember, if you’re doing your marketing well you are probably using more than one medium to deliver your message to your market. Depending on your budget and market you might be using five or more different ways to let people know who you are and what you do. It’s not hard to find five or more ways to promote your local business: *On site signage This is good because it builds both awareness and credibility for your local business. (Remember, the more ways a person hears about your business, the more credible and memorable your message becomes to them.) The trouble is, people are not going to remember (or tell you) they saw it in all these different places. They’ll give you the name of one place they saw your ad. (Usually the most recent place they saw it.) So, we have a marketing paradox. To get the best results you want your message to be seen by people in multiple ways. But, that makes it impossible to determine (with any accuracy) which media is working best. And you want to know what media works best so you can make the best use of your marketing dollars. What do we do about this? It depends on a lot of factors like your business, your budget, your marketing goals, etc. It also depends on how important tracking marketing ROI is to your business. One of the big obstacles to tracking results is scale. As a small, local business, if you went to the expense of trying to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself. If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here Wednesday: Your Daily Yellow Page Ad Review to give you an answer (because you asked) so they say some thing makes sense. “I saw your ad in the yellow pages” they might say. Or “I think I found you in the phone book”. I know because I do the same thing. It’s not that we’re dishonest.
We just want to be helpful.It’s mid-week and we’ve been going over your directory marketing. Okay, so you have a pretty good Yellow Page ad, but is “pretty good” enough? You have so many parts of the ad to work well, where do you begin to make it better? Assuming that you have a solid headline and sub-head, the next place the reader will turn is to the picture or photograph. If you are an emergency service firm like a plumber or electrician, do you have a picture of your truck in the ad? Does it have your logo on the side and is it nice and shiny? It is? Then shame on you! Who cares that you have a truck, van, bus, hummer, or any other vehicle to carry you and your parts. The average customer assumes you have a truck, and you have legs, arms and a head. So don’t sh A friend of mine told me about a survey they did once for an event they helped promote. They asked people how they found out about the event and over half of them said they heard about it on the radio. On the surface this sounded like great marketing feedback. But there was one problem. They never promoted this event on the radio. People said “I heard about it on the radio” because they wanted to be helpful and because they listened to the radio a lot. So, it made sense (to them) that they probably heard about the event on the radio. The second reason this sort of feedback is usually not accurate is because people hear about your business in many ways. Remember, if you’re doing your marketing well you are probably using more than one medium to deliver your message to your market. Depending on your budget and market you might be using five or more different ways to let people know who you are and what you do. It’s not hard to find five or more ways to promote your local business: *On site signage This is good because it builds both awareness and credibility for your local business. (Remember, the more ways a person hears about your business, the more credible and memorable your message becomes to them.) The trouble is, people are not going to remember (or tell you) they saw it in all these different places. They’ll give you the name of one place they saw your ad. (Usually the most recent place they saw it.) So, we have a marketing paradox. To get the best results you want your message to be seen by people in multiple ways. But, that makes it impossible to determine (with any accuracy) which media is working best. And you want to know what media works best so you can make the best use of your marketing dollars. What do we do about this? It depends on a lot of factors like your business, your budget, your marketing goals, etc. It also depends on how important tracking marketing ROI is to your business. One of the big obstacles to tracking results is scale. As a small, local business, if you went to the expense of trying to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself. If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here Making Lasting Impressions with Business Card Cases of feedback is usually not accurate is because people hear about your business in many ways.Buying a gift takes an enormous amount of care and patience. As if that is not bad enough, choosing a gift for your boss or an important client can be nerve-wracking and stressful. Naturally, because you are trying to make a good impression, you would like to come up with a gift that exudes professionalism, attitude, and class, and is, at the same time, unique.One of the things that corporate executives have in common is the business card. With the busy lives they lead, most of them carry numerous business cards in their wallets. This can be cumbersome. Clearly, an excellent present for that executive you badly want to impress is a business card case.Why Business Card Cases?Business card cases provide nifty mean Remember, if you’re doing your marketing well you are probably using more than one medium to deliver your message to your market. Depending on your budget and market you might be using five or more different ways to let people know who you are and what you do. It’s not hard to find five or more ways to promote your local business: *On site signage This is good because it builds both awareness and credibility for your local business. (Remember, the more ways a person hears about your business, the more credible and memorable your message becomes to them.) The trouble is, people are not going to remember (or tell you) they saw it in all these different places. They’ll give you the name of one place they saw your ad. (Usually the most recent place they saw it.) So, we have a marketing paradox. To get the best results you want your message to be seen by people in multiple ways. But, that makes it impossible to determine (with any accuracy) which media is working best. And you want to know what media works best so you can make the best use of your marketing dollars. What do we do about this? It depends on a lot of factors like your business, your budget, your marketing goals, etc. It also depends on how important tracking marketing ROI is to your business. One of the big obstacles to tracking results is scale. As a small, local business, if you went to the expense of trying to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself. If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here How to Recoup From Missing the Most Important Meeting of the Year p>The trouble is, people are not going to remember (or tell you) they saw it in all these different places. They’ll give you the name of one place they saw your ad. (Usually the most recent place they saw it.)Sometimes missing a critical meeting just can't be helped. Despite the advance planning, you just cannot make it to the meeting. Before you get out the guilt stick and beat yourself up about how stupid that was or how bad it’s going to be for your career, take a step back and examine how to overcome your absence.If you have been following my advice, you did all of the advance preparation for attending the meeting or the show. You know from those preparations about the specific activities and events that you missed. Always keep the agenda or the pre-show planner until after the event occurs.Recently I had to miss an important event at which I was to give a speech. Fortunately, I was prepared in advance and was able to send my So, we have a marketing paradox. To get the best results you want your message to be seen by people in multiple ways. But, that makes it impossible to determine (with any accuracy) which media is working best. And you want to know what media works best so you can make the best use of your marketing dollars. What do we do about this? It depends on a lot of factors like your business, your budget, your marketing goals, etc. It also depends on how important tracking marketing ROI is to your business. One of the big obstacles to tracking results is scale. As a small, local business, if you went to the expense of trying to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself. If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here Business Process Consulting – The Five Principles of Keeping a Strategic Focus to survey and track every type of marketing available to your business, you’d spend much more on tracking and surveying than you would on the marketing itself.Adopting and maintaining a strategic focus in small business plans ensures that the most important issues are addressed. Operating from this mindset is essential in developing a successful small business and mentoring staff development. The strategic mindset is steeped in the knowledge that the following six principles invariably hold true.Principle One - Structure Is Determined By Strategy Strategy is the framework of choices that embody the vision of the business. The shaping of the structure of the business must be aligned to the strategic direction of the business.Too often, structure determines strategy. When businesses are built around the vagaries of markets, leadership and other existent capabilities, If you have a multi-million dollar marketing budget then you can afford to do some serious testing. Once your testing shows you reasonable results, then you roll out the big campaigns on a larger scale. But that only works because your testing costs are a tiny fraction of your whole marketing plan. But, for those of us with small, local businesses, this method simply does not work. The testing would eat up most (or all) of our marketing budgets. However there are some things you can do to try to monitor what is working. Over the next few months I will be writing in more detail about these. (We don’t have room here in one article to cover them properly.) In the meantime, here are some tips to make your local marketing work better and to help you monitor it. 1. Establish a budget and commit to it. Consider this as important as your rent or payroll. Don’t make it a low priority unless your revenue and profitability are low priorities. 2. Decide what you want to say and whom you want to say it to. Keep the message simple, clear and concise. 3. Decide if you want to increase awareness for your brand or if you want a direct response. These are two DIFFERENT goals and they require different tools and strategies. 4. Remember your goal is EXPOSURE. You want to expose your market to your message as often as you can within your established budget. So spend your marketing dollars to buy this exposure as effectively as you can. 5. Stick to it for a reasonable amount of time. Don’t quit after a couple months. Give it time to work. 6. Get feedback from customers, friends, business associates, employees. Try to find out WHO is seeing your message and HOW they are seeing it. Always be willing to tweak and tune it as you go, based on feedback. 7. Watch your revenue and your new customer activity. Does it go up or down as you implement this marketing? Remember, they key to getting more customers is to let more people know who you are, what you can do for them and why they should consider doing business with you. Focus your resources on making sure your potential customers know you and remember you. Then they will consider doing business with you. If you focus too much on tracking, you can end up wasting time and money on efforts that do not build your business.
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