Some Musings on Marketing

  • The cost of implementing an effective marketing program is trivial compared to the cost of not implementing one.
  • Taking a committee approach to marketing often ends in failure. A group of people agreeing to disagree combined with diluted accountability rarely produces a positive result.
  • “My many years in the printing industry have taught me that the pursuit of trying to craft the perfect marketing piece often ends up being the reason for doing nothing.” – G. Jacobs
  • The average person is only capable of retaining 3-5 brands per category in their memory. If you want to introduce your company into someone’s consideration, you need to push another company out of consideration. Repetition is fundamental to success.
  • The abandon rate for social media is very high. Beware of creating marketing graveyards.
  • Whether or not you’re marketing to your customers, you can be assured that your competitors are.
  • Don’t discount “little things” like birthday cards and notes of appreciation. Sales relationships are more influenced by emotions than pricing.
  • People will give business to companies they want to give it to and after awarding the job, find ways to justify the decision. Price is often the excuse rather than the reason.
  • Well perceived brands command a price premium of nearly 9% over brands perceived as just average.
  • The most popular way to lose a customer is to lose touch with him or
    her. Industry-specific data indicates that 60% of customer loss is due
    to lack of communication.
  • Irrelevant communications contribute to customer defection and alienation.

If you’re interested in utilizing a highly effective marketing program to help grow your sales, I’m happy to email you some samples and info. It’s easier and less expensive than you probably think.

Patrick T. Whelan
pat@greatreachinc.com



Great Reach at DSCOOP 5!

DSCOOP 5 was in Dallas, TX this year, and we were there. It was great to see some new faces and meet many of our clients. Thanks to HP for putting on another great show!

Simple Change, Big Results

Want to get your customers to print more this month? Present them with the opportunities offered by QR codes.

Design requirements for adding QR codes to print are minimal. Simpy use a free QR code generator, download the .jpg or .png, and find space to put a 1×1-inch square. The result could be a complete reprint of their corporate identity materials and marketing collateral.

QR codes are barcodes that look like boxes of black-and-white squares. People with cellphone Internet access and QR code reader software simply point to the codes and take a picture. They are automatically directed to a website with a promotional offer or other marketing content.

QR codes are one of the hottest applications being talked about in marketing today. They are everywhere in Europe and Japan, and they are just now starting to take serious hold in the United States.

They hold a lot of appeal for reaching mobile, tech-savvy consumers. Who has time to stop and jot down a URL on a poster? Or manually type in someone’s contact information into your cellphone? Instead, just point and click on the run. QR codes remove one of the biggest barriers to response — time and effort. Their value is easy to understand.

On your next sales call, try suggesting the addition of QR codes to all of clients’ corporate identity materials and marketing collateral. Especially if they have been thinking about updating their marketing collateral anyway, this may give them the perfect way to justify the spend.

Until next time,
Patrick T. Whelan
Heidi Tolliver-Nigro
heidi@digitalprintingreports.com

Who Cares About QR Codes Anyway? (Answer: You Should!)

There’s a lot of talk these days about QR (quick response) codes. These are basically two-dimensional barcodes that look like black-and-white puzzles, although some can be produced in color. When they are scanned with a smart phone or other mobile device, they automatically launch a URL containing marketing content.

You might have seen them on billboards, magazine ads, business cards, and even trade show banners where they take readers to a specified website or special offer. If they contain contact information, they act as virtual business cards, allowing the reader to download that contact info directly to their smart phone.

QR codes reap benefits because they do as advertised — provide quick response. There’s no need to remember or write down a URL or enter it in by hand. Just point and scan and a prospect can be taken to the content immediately.

Why should you care? Because QR codes cost little or nothing to produce and they put your company on the leading edge of technology. By offering QR codes, you position yourself as a marketing leader.

QR codes also do something very few marketing techniques can do. They tap into the extremely hard-to-reach Gen X and Gen Y cultures and the mobile professional culture. These are highly coveted consumer groups, and QR codes are being rapidly accepted among them. (Apparently on university campuses, it’s now cool to create t-shirts with QR codes that take people to your Facebook page.)

If your clients are selling into these demographic groups or if they’re marketing to high-technology buyers, it’s time to get on the QR bandwagon.

Once again: Why should you care about QR codes? Because it positions you as a marketing leader, it makes print increasingly relevant, and you need to do it before your competitor does.

If you’d like to learn more about QR codes, interlinkONE is presenting a free webinar on Jan. 15 at 2pm EST (http://ilnk.me/learnQR) or visit QReate & Track.

Things to Consider When Planning For 2010

  • Sales force effectiveness increases by as much as 40% when supported by an effective marketing campaign.
  • The most popular way to lose a customer is to lose touch with him or her. Industry-specific data indicates that 60% of customer loss is due to lack of communication.
  • Every client and prospect should hear from your company at least once every 90 days. Successful marketers shorten this to every 30 days.
  • On average, it now takes nine touch points of communication to build a sales relationship. Most salespeople give up after three.
  • Dollar for dollar, investments in customer retention are five times more profitable than investments in customer acquisition.
  • Direct mail as part of an ongoing customer relationship campaign can reinforce your brand values again and again. Mail builds brands.
  • Readers find newsletters to be more credible than promotional materials. In addition to helping build relationships, they also promote your brand and set your company apart from the competition. Useful, educational, non-sales-focused content is key.
  • Good communications, not pricing, is often the key determinant of a sale.

On behalf of myself and everyone here at Great Reach Communications, I’d like to take this moment to wish all of our clients and our readers a Merry Christmas, Happy Holidays and a Prosperous 2010!

Easy Ways to Help Grow Your Sales in 2010

You’ve heard the saying, “You can never get too much of a good thing”? Here is a consolidated list of great marketing points that I’ve covered in past that bear repeating.

  • Have an effective and easy to execute way to touch every company in your database six to twelve times per year with meaningful communications. A paddle wheel approach will generate top of mind awareness while building and strengthening relationships.
  • Keep your website updated with valuable customer resources. It will help with inbound marketing and it has a powerful impact on how your brand is perceived.
  • Have your website set up to collect data. Newsletter signups, free white papers, and similar resources are great resources for collecting email addresses. Take it from there.
  • Make sure that your automated phone routing system is smart phone/QWERTY compliant. If you use a live person to answer your phones, promote that.
  • Many printers have cut back, and even subtle cutbacks are perceived as business instability. This creates a tremendous opportunity for companies that take a proactive approach to customer engagement and brand exposure. Position your company to benefit from the market share redistribution now underway.
  • Social media can help printers with their sales and marketing effectiveness. It’s easy to implement and it should be part of your client engagement strategy.
  • Lead by example. Be proactive with your marketing activities and build your brand as that of a trusted source for marketing services. Top of mind awareness is critical to your clients’ marketing strategies — and yours.

I’m happy to discuss any of these thoughts as well as provide information regarding the latest additions and improvements to our turnkey marketing programs for printers, including our new social media marketing program.

Random Thoughts for Success

When I sat down to write this week’s Marketing Briefs, I began thinking about some of the really great quotes I’ve read recently. I’d like to pass them along to you with some of my thoughts about them.

“Irrelevant, impersonal communication, be it email or traditional mail, is a waste as it does not engage a receptive recipient. It is no surprise that consumers are opting out of irrelevant emails.”
– Liz Miller, vice president, programs and operations, CMO Council

My take? Sending something isn’t better than sending nothing. It’s waste of money that could be spent on effective marketing initiatives.

QR codes. They are simple to explain, easy to implement, and highly effective. If you’re not talking to your customers about QR codes, you should be. Better yet, lead by example and integrate them into your own marketing efforts. Don’t let your competitors be the first to discuss or showcase this technology with your clients.

We all want immediate response to advertising. For many products, however, this isn’t feasible. People who just bought an iPod, a car, or a new TV aren’t very likely to buy a new one soon, no matter how much they might like it. That’s why maintaining brand equity over a long product cycle is a major concern for many marketers. (www.digitaltonto.com)

Direct response and easy to measure ROI are all the buzz these days, but in reality, direct response is highly dependent on brand equity. Educating your clients on branding issues is a great way to create sales opportunities.

Best wishes for a safe and happy Thanksgiving!