Branding Your Business One Customer at a Time

Branding Your Business One Customer at a Time. If you aren’t actively building a brand for your business, make no mistake, your brand is still being built. In other words, every day customers, prospects and even your competitors are helping to shape your reputation.

Social media means that a disgruntled customer need only post about one terrible experience they had with your business and in the blink of an eye, thousands of potential customers may be swayed to believe that yours is not the type of business they want to patronize. This is unfortunate since one bad experience does not a business make. But that is the world we live in.

While branding is often thought of as creating a name for yourself, it would be wise to remember that it is so much more than that. It is an ongoing process that can literally make or break a business.

So what do your customers, prospects and the public at large think of your business? While it is true that one rogue customer can do an untold amount of damage to your brand, you still have a great deal of control over your reputation.

The key is to remember that every single day, everything you do speaks volumes about your brand in ways you may never have expected. Nothing you do as a business is insignificant. It is imperative to keep this in mind whether you are closing a sale with your biggest client or answering a phone call from a prospect who seems unlikely to ever purchase one of your products.

So how can you make sure you are sending the correct message about your brand every single day? Consider the following:

  • If a current customer calls your business and is put on hold for an extended amount of time, this customer will assume that you don’t value his or her time.
  • If a prospect visits your website and finds it outdated and difficult to navigate, this prospect will decide that your business is outdated.
  • If you make it difficult for a customer to return a product they are unhappy with, your brand will be seen as inflexible and concerned only with making a quick buck.

Whether you have spent huge amounts of money branding your business, or haven’t spent a dime, you must remember that your brand is always, to some degree, in the hands of those who interact with you. In light of this fact, you must never forget that the most effective branding messages take place one interaction at a time.

Making the Most of Tradeshows

Making the Most of Tradeshows. In today’s digital marketplace there have never been more ways to promote your business. Despite these new promotional avenues, tradeshows continue to be one of the most important marketing investments a company can make, particularly in the B2B industry.

The average B2B company will investment almost 40 percent of its annual marketing budget on tradeshows. This is not surprising considering tradeshows’ excellent return on investment.

So the question is not if a B2B company should attend tradeshows but rather which tradeshows should they attend. And this is an important question since tradeshows are a tremendous opportunity to show off new products, make new contacts and, most importantly, secure new sales leads.

In light of these facts, it is essential that you attend the tradeshows that are right for your particular company. Before you attend any tradeshow, however, you need to consider the following:

Cost: While it would be great to have a presence at all of the hottest tradeshows, a lot will depend on your budget. Once you decide how much you have to spend, you can determine which tradeshows to attend. It is important to do your research as different tradeshows charge different rates for many of the same offerings, including booth rental. Display design, shipping and traveling costs are all important considerations, as well.

Prepare: Once you have an idea of how much you have to spend on a particular trade show you need to make sure your booth is scaled for your rental space. You also need to make sure you have filled out all the necessary paperwork and are aware of any deadlines so that there are no surprises once you arrive at the tradeshow.

Promotion: Attending a tradeshow is a great way to promote your business but just showing up isn’t enough. Launching a new product? Make sure you have demos and product data sheets ready to go. Further, make sure your collateral is printed, checked and re-checked as far ahead of the tradeshow as possible.

Staffing: Who you will send to a tradeshow is almost as important as the tradeshow itself. The first thing you need to decide on is a point-person who will be responsible for making sure that everything runs smoothly. Next, make sure the individuals who will staff your booth are not only the most knowledge but also the most energetic. Tradeshows mean long and sometimes grueling days and nights of promoting your brand and the products and services you offer.

Finally, the most important aspect of any tradeshow is the follow-up. Make sure all of the leads you obtain at a tradeshow are immediately and correctly classified so they enter your sales funnel in the just the right place.

Where Does Your Marketing Focus Lie?

Where Does Your Marketing Focus Lie? The most successful marketers have one thing in common—a laser-like focus on what they want to accomplish. This has never been truer than it is today.

While in the past marketers had only a few ways to market their products or services or promote their brand that is no longer the case.

Modern day marketers find themselves in a much different situation. The options available to market their products and services are virtually endless–social media, podcasts, blogs, content creation, radio and TV ads, print ads, white papers, cold calling, SEO. So what’s a marketer to do?

It all comes down to focus. Today’s marketers must focus on what they want to achieve with their marketing efforts. They either want to draw people to their business through inbound marketing or they want to get their message out to as many people as possible through outbound marketing.

Inbound marketing uses things like social media marketing, content creation and SEO. This type of marketing allows a business to be seen as a thought leader in their industry. And when a prospect is ready to make a purchase, he or she naturally is drawn to that business.

Outbound marketing is a more traditional form of marketing. Businesses who use outbound marketing want to get their name in front of the largest amount of people possible. They want to build brand awareness and so employ tactics such as cold calling, direct mail, and print and broadcast ads to do just that.

There are pros and cons to both of these methods. Inbound marketing requires patience as it takes time before results are achieved. Outbound marketers usually see faster results but those results are often short-lived.

As a marketer, it is important that you decide which technique fits best with your business model remember that if you choose to concentrate on inbound marketing that doesn’t mean you can’t throw in a print ad every once in a while. In general, however, it is important to concentrate on either inbound or outbound since the best results are achieved this way.

Finally, in order to decide between inbound or outbound marketing you need to look at your target audience. Decide which method aligns with that audience. Inbound marketing is usually best for businesses who really know their target audience. While more budget friendly, inbound marketing does require more time to see results. Consumers usually find this type of marketing less intrusive.

Outbound marketing is more costly but reaches a much larger audience. It is often preferred by businesses that are trying to get on the map. Outbound is often preferred by older consumers, B2B customers and when larger purchases such as cars are involved.

Help Customers Avoid the Holiday-Shopping Blues

Help Customers Avoid the Holiday-Shopping Blues. The holidays are billed as the most wonderful time of the year. However, many last-minute holiday shoppers may beg to differ.

If you own a business and are looking to attract shoppers short on time and gift ideas, we’ve got some simple hints to allow you to do just that. Here are some ideas on how to attract harried shoppers and help everyone get back into the holiday spirit:

1. Keep it simple. The one thing last-minute shoppers really want is more time. If you own a brick and mortar store, display gifts at the front of the store and separate them according to recipient. For example, you could have a display of gifts for teachers, gifts for kids, gifts for the person who has everything. The idea is to get people in and out as quickly as possible. If you have a website, its homepage should be set up in a similar fashion.

2. Maximize mobile. Where do most shoppers turn for ideas on what to buy? Their smartphones. Make sure your website is mobile-friendly and uses keywords that are popular with Google right now, including “cool gifts” and “best gifts.” It also is important that your listing on local search directories has your holiday shopping hours listed.

3. Remember that communication is key. Since shoppers are on their smartphones a lot this time of year, sending emails and texts with special coupons or one-day sales promotions are a great way to get customers in the door.

4. Consider social media giveaways. Contests always boost social media engagement, especially this time of year. Ask followers to post their favorite holiday cookie recipe or a picture of their ugliest holiday sweater. At a certain time each day pick a winner and award that winner a coupon or free gift card from your store.

5. Don’t forget the gift cards. Fifty percent of shoppers say they will buy gift cards for presents. Sweeten the pot by having cute packaging for those gift cards or offer a discount when multiple gift cards are purchased.

The holidays should be a time to concentrate on family and friends, not to worry about getting everything crossed off a massive to-do list. When you make the season more pleasant for stressed out, last-minute shoppers, chances are these same shoppers will become loyal customers all year round!

Marketing a Small Business? Don’t Play the Imitation Game!

Marketing a Small Business? Don’t Play the Imitation Game! Your mother was right. You shouldn’t try to be something you’re not. This is an important lesson for small businesses, as well.
Many small businesses believe that in order to be successful, they need to do things like much bigger companies. However, the companies they try to emulate usually have much deeper pockets.

When it comes to successfully marketing your small business the key is to accentuate the fact that you are a small business. By capitalizing on this fact you will be much more successful than if you try to be something you are not!

What follows are five ways to make the most of your status as a small business!

  1. Dive into direct mail. With more and more big companies using email marketing, consumers’ regular mailboxes aren’t as crowded as in the past. This means your direct mail campaign will stand out more. Further, research shows that direct mail has a higher response rate than email marketing. Combine your direct mail with email marketing and your response rate will increase even more.
  2. Implement a customer loyalty program. Customer loyalty programs are easy to set up and are a great way to track and reward your customers. Further, since retaining current customers is more cost effective than finding new ones, these programs pay off in more ways than one.
  3. Purchase Facebook ads. Facebook allows you to target your ads to reach an audience based on a variety of demographics, including age, gender, interests or geographic location. These ads are a cost-effective way to get your small business in front of those most likely to do business with you.
  4. Engage the media. Establish a relationship with your local media outlets so that when reporters are looking to do a story on holiday shopping, for example, they turn to you. You also can send a press release to media outlets to announce new product launches or other events that the public may be interested in.
  5. Engage in complementary advertising. Joint promotional campaigns allow you to partner with another business to boost sales for both of you. For instance, if you own a pet boarding business you could partner with a local pet shop and each of your businesses could give away coupons for the other’s products or services. The possibilities are endless and by adding another business to your marketing mix your reach can be dramatically increased!

Instead of trying to compete with national companies that have resources you can’t match, take advantage of your status as a home-grown and local business. After all, this is something much bigger companies will never be able to do as well as you!