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Thursday, October 22, 2009

How to Get More Bang for Your Buck By Selecting the Right Marketing Tactics

Is your small business having a difficult time deciding what marketing strategies to utilize? Especially in this down-turned economy, you need to watch your marketing budget closer than ever. Here are a few tips to help you get more from your budget.
  • Select marketing tactics that cost less than traditional forms of marketing. Move to online versus offline media, for example.
  • Use Webinars instead of seminars. You can get a higher attendance and save your company and your customers travel expenses.
  • Take a smaller booth space at trade shows that provide you great prospects.
  • Use postcards for your direct mail programs rather than sales letter or other customized direct mailers.
  • Increase your response rate by testing your headlines and copy. Using the right words will make a difference.
  • Don't forget to include a call to action, an offer, or some sort of discount program. Add a sense of urgency by giving a deadline for response.
  • Convert your inquiries into prospects and then into sales. Follow up on those leads.
  • Partner with other synergistic companies so that they promote you and vice versa. Instead of paying for advertising costs, barter with the partner for space on their website, for example.
  • And...don't forget to measure your results. Google Analytics can help you measure your website traffic from various sources. If you don't know how you're doing, you won't be able to put a plan into place that works.

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Name: KIWI Communications, Inc.

We specialize in helping companies in the biotechnology, life science, medical device, and high-tech sectors develop world-class, multi-faceted marketing programs. We work with companies like Beckman Coulter, Perkin-Elmer, and Stratagene to 1) create powerful results-driven marketing tactics, 2) evaluate media and advertising plans, and 3) develop consistent branding messages. Let us show you how to improve marketing efficiencies, reduce marketing costs, and develop targeted promotional strategies.

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