Tag: budgets.

Yesterday we started a list of guidelines to help you improve your marketing efforts, today we’re sharing the rest of the list! You can view Part 1 here.

Follow Up
Once the schedule is established and responsibilities have been assigned, make sure all is going according to schedule. Check to see what your customer response is to each advertising effort. If you don’t already have a way to register response to advertising, set something up. Better yet, set up more than one way to track response. Ideas: include discounts for mentioning the ad; at the time of purchase ask your customers how/why they chose your place of business, mail special offers and track response.

Evaluate Customer Response and Effectiveness
Develop a tangible method to determine the effectiveness of your advertising efforts. Develop a short questionnaire for customers or include a response vehicle on your website. Use the results to tailor future advertising efforts. Advertising must be responsive to your customers and prospective customers needs. It must be ever changing and speak clearly to do its job.

Bonus Tips:

Copywriting
Clearly state who you are and what it is that you have that customers will want, especially in terms of its benefit to them. Point out why your product or service is preferable to others. Don’t make promises you can’t fulfill. Remember, there is usually someone else offering your product or service. Give your customer reasons to come to you and keep coming back.
One common mistake in copywriting is that companies tell their story first. The first thing your customer wants to know is how you can answer their need. What product or service do you offer that will help them accomplish their goals?

Design
Buy the finest quality you can afford. Quality speaks best for quality. When you see poor quality workmanship, you don’t expect much from the company, and you certainly don’t expect to pay much for it. Good design should make it clear to your prospective customer that you are the best place to come for the products and services they need. If your customer can’t find your contact information or if your ad needs further explanation, it is a lousy ad.

Think of your customer first and you will develop great advertising to promote your company. 

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Today I’m going to talk about marketing budgets. I know a lot of you hate numbers or even talking about money, but it’s important. Successful businesses have a budget that includes marketing. Let’s keep it simple. Look at what you spent on marketing last year and set aside a dollar figure for the amount you’re going to spend this year. Look critically at what worked last year and stop any advertising that didn’t work. Check your budget numbers monthly and stick to your plan. Having a budget will help you to spend your advertising dollars wisely and prevents impulse buys. Take a good look at your marketing numbers this week and fine tune them to do even better.