The Pitchers: Sales
Let’s say you have a new baseball team in town and it’s almost time for the first game of the season. Your sales force is ready to sell a variety of package deals for the season. However, there’s a major stumbling block as they prepare to approach potential buyers. No one knows about the package deals or even the date of the first game.
No one tipped the local sports writer or the local TV news of the upcoming grand opening game. What happened to the marketing department? There’s no marketing research, no publicity, and no idea where to begin targeting sales. Sales will flop and will make the sales department look bad, but it’s marketing’s fault since they didn’t do their job.
The Batters: Marketing
Let’s switch and see things from the marketing team’s view. They do a grand job of posting banners of the first …
- Have you spent more then $3,000 in trade show marketing & exhibiting?
- Were your new prospects and sales results less then you expected?
- Did you leave the show tired and exhausted?
- Did you arrive at the trade show just in time to set up?
- Were you under-staffed in your booth?
- You have exhibited less than 5 times?
- Are you questioning whether you will ever exhibit again?
If you answered YES to any of these questions, you need to read these top 10 strategies to increase your trade show marketing success.
The majority of companies and destinations I see exhibiting at trade shows do a terrible job. These same under-performing companies then complain to show management that it was management’s fault they did not sell more.
Usually these same poor promoters wonder why their sales stink, … and it’s usually not just at the trade shows.
Trade show marketing done properly …
In the early 1920’s Henry Ford launched his assembly-line produced Model T. The car was relatively inexpensive, yet of good quality for the time. In order to reach production goals, the company decided to offer only one color of the car—black. “You could have any color you wanted, as long as it was black”, the saying went. With this strategy, Ford quickly dominated the market, capturing up to 57% of the car market at its height. It was a brilliant initial strategy, but Ford eventually faltered. He simply forgot to listen to his customers that were asking for additional color options. General Motors saw this trend, and capitalized on it, producing cars in a multitude of color options and quickly taking back much of the Ford market share gains. With all the innovative ideas, industry-changing processes, and brilliant strategies Ford came up with, he forgot the most basic …
The Magic Number
Implement a “advertise 1 item at a time” motto for your advertising strategy. Does that mean you can’t SELL more than one item at a time? No… but wait until AFTER the sale.
When a customer sees more than one of a product offered at unbelievably low prices, he’s confused. Which one is the better deal? Which one does he prefer? These questions encourage procrastination – one of marketing’s greatest thieves. Instead, offer the consumer a product that compliments his purchase in a nearby display… or even at the register. You’ll make extra profits instead of losing a sale.
Outsmart Your Competitors
Your competition is looking for you in all of the usual places. Don’t go there. Quietly look for new methods of advertising and new markets to target.
Niche markets provide the perfect sneak tactic for reaching new clients. Here’s they key… sub-divide your current market …
Use the mastermind principle which says more brainpower brought to bear on an issue means more ideas and greater insight. Gather together a mixed bag of thoughtful, intelligent people who have an interest in helping you create breakthroughs in your enterprise.
Adding brains to the brain trust produces non-linear results. Breakthrough results. Unreasonable results. Quantum Results. Because of the interactions among several people’s ideas bouncing off each other, the increased thinking- effectiveness can be multiplicative or even exponential.
Enroll people into your marketing brain trust. Find people who have a vested interest in your success, or the success of your business. You can’t have a great brain trust unless people are truly committed.
Your marketing brain trust can take different forms. If you want it to be official (and tax deductible) call it your Board of Advisors. Make it the board’s job to help you pilot your venture. You can …
More and more competition in the marketplace is making it necessary for companies to find creative ways to connect with customers and prospects, to enhance brand identity and attract top-notch employees. In order to enhance competitiveness in today’s marketplace, more and more companies are forming strategic alliances. Strategic alliances can maximize your position in the marketplace. When you learn how to leverage partnerships you increase your market share. It is also a very smart way to grow a small business. Cross promoting with other businesses can give you a significant advantage over the competition with many benefits and cost savings.
A strategic alliance is based on an arrangement between two companies to combine resource that will help both gain a greater share of the market. They are often formed when one business alone is unable to fill the gap in serving the needs of the marketplace. Forming strategic alliances can …
Have A Well-Defined Promotional Plan
A significant part of your marketing includes promotion – pre-show, at-show and post-show. Most exhibitors fail to have a plan that encompasses all three areas. Budget is naturally going to play a major role in deciding what and how much promotional activity is possible. Developing a meaningful theme or message that ties into your strategic marketing plan will then help to guide promotional decisions. Know whom you want to target and then consider having different promotional programs aimed at the different groups you are interested in attracting. Include direct mail, broadcast faxes, advertising, PR, sponsorship, and the Internet as possible ways to reach your target audience.
Use Direct Mail Effectively
Direct mail is still one of the most popular promotional vehicles exhibitors use. From postcards to multi-piece mailings, attendees are deluged with invitations to visit booths. Many of the mailings come from show management’s lists …
A local morning team on the number one morning show in town have me on each Monday and Wednesday for about 5 minutes each time.
As a marriage and family therapist, it’s a fantastic way to market my private practice.
Many people have asked me why in the world I drive over there twice a week. I usually respond by asking them do they know how much it would cost to buy 10 minutes of advertising on the radio each week?
Advantages of appearing on the radio
There are several advantages to being on the radio as a therapist:
- It ups your expert-ability – When you are on the air, you are automatically seen as an expert. Listeners figure that the station would not have you on if you did not know what you were talking about.
- You reach a larger audience – When you give a presentation to a
One of the most intense types of marketing that is geared towards people no matter where they are and where they go is mobile marketing. Consider this. You could pay for one hundred banners to be put on the sides of buses in one major city. This will cost thousands of dollars in marketing. Those who see the ad will be able to react to it. But, in order for them to see it they need to be at the right place at the right time to see the bus go past them. In the end, your target audience is quite difficult to target in this medium.
But, when you consider mobile marketing, the tables are turned. What is the one thing that you insure you have when you grab your keys to head out the door? You mobile phone! And, so does about half of the population out there. …