Smart Marketing Tips

July 1, 2009 | Filed Under Branding, Communications, Strategy | No Comments

We’ve entered the second half of the year and summer has officially arrived.  Don’t be fooled into thinking that everyone is going to be taking time off.  Smart marketers will be using the next 2 months to ramp up their marketing campaigns so they can: 1) gain an edge over competitors who are less visible, and 2) hit the ground running with a finely tuned business development strategy in September.  Take advantage of this quiet time to: increase your company’s visibility and awareness in the market place, build customer loyalty for the future and renegotiate with media companies who still have to hit target.

How To Manage Your Professional Brand Online

April 16, 2009 | Filed Under Branding, Communications, Public Relations, Social Networking and Media | 1 Comment

As we move more and more towards social media and social networking, companies - as well as individuals - need to manage their online brand.  If you don’t, Google, ZoomInfo and other public networking domains will manage it for you.  Check out your professional brand (aka profile) online periodically (ex. Google yourself, visit ZoomInfo, etc.).  If it is not impressive or accurate, or does not reflect positively on you - change it.

Branding: More Important Than Ever

December 4, 2008 | Filed Under Branding, Communications, Email Marketing, Marketing Materials, Public Relations, Strategy | No Comments

The December 2008 cover story of Mergers and Acquisitions focuses on the need for companies to define a niche in order to succeed in today’s marketplace.  Defining a niche is essential for developing a strong brand identity, and is a key pillar for business success.  This is particularly true in a crowded marketplace where multiple small to mid sized companies are sometimes seen as providing commodity services.  In the middle market space for example, there are a lot of very smart accountants, lawyers, investment bankers, private investors and other business advisors that can finance a deal or execute a transaction, perhaps some better than others.  But the point is, how can one firm differentiate itself from another so when the right deal comes along, they will be invited to the dance?

People like to put people in pockets, so putting a stake in the ground to claim your space is essential for positioning your company’s expertise in a crowded market.  Identifying your particular focus, area of expertise, value add or proprietary process is only part of the equation.  Communicating your niche (or in a broader sense your brand identity) to the marketplace in a clear, concise way is equally as important.  This is most effectively done through multi-level marketing campaigns in which multiple programs work together to deliver compelling content and consistent messages to key audiences simultaneously.  A traditional multi-level marketing campaign might include: public or investor relations, speaking engagements, email campaigns, trade shows, sponsorships, etc.  Other more unique multi-level programs can be developed based upon your specific niche.  In today’s challenging business environment, standing out from the crowd and claiming your space is more essential than ever.  Companies that define their niche and broadcast it to the marketplace are more likely to improve their sales process by increasing their visibility and awareness in their marketplace and generating qualified leads.

Airplanes & Ostriches

October 7, 2008 | Filed Under Branding, Communications, Marketing Materials, Outsourcing, Strategy | Comments Off
“When everything seems to be going against you, remember that the airplane takes off against the wind, not with it.” Henry Ford

No one ever said that growing a business was easy - but someone is making money out there and it might as well be you! Companies that ‘bury their heads in the sand’ by cutting back on prospecting while waiting for the economy to improve are leaving the window wide open for competitors to gobble up sales.

Counterintuitive as it might seem, bad economic times can be great for businesses with disciplined sales and marketing teams and high impact programs to forge a path to success. Implementing these sales and marketing tips will help ensure your company is one of them.

Diversify for Development If your business depends primarily on one industry that is being hit hard, look for other sales avenues within it. Identify new channels, product applications and partnerships that compliment your business. You might have to ‘tweak’ your marketing message and/or service offerings to address new needs.  The result? Increased visibility and awareness in the marketplace, prospecting opportunities and broader market appeal.Get Creative with Pricing Pricing and budget cutbacks are often show stoppers in slow times.  Avoid losing the sale by offering extended payments, limited time offers, discounts for large purchases and long term engagements or picking up part of the expense to get customers from ‘no’ to ‘go.’  In tough times, a little good will goes a long way.