May, 2008


Brand Marketing Can Put You on Top of the Competition

Thursday, May 29th, 2008

What is Brand Marketing?

Brand MarketingBrand marketing is the process of ascertaining, developing, and finally bringing a company’s image to the marketplace. It is important to know who will represent your target market. You want to know their age, gender, and location. You also want to know the potential consumer’s spending habits, and if your target market shows brand loyalty or if they can be swayed to another brand by a promotion or special offer.

How to Develop a Unique Brand

Always ask yourself what your brand can provide that no other brand can. Concentrate on your strengths. Remember to ask yourself what a potential consumer wants. Making a consumer believe that your brand is special or unique is an important part of brand marketing.

Why do Businesses Need Brand Marketing?

Businesses need brand marketing because it can increase sales. If a consumer knows your brand and says, “Hey, your company has a reputation for really getting things done,” then your chances of increasing sales are pretty good. Your don’t want your brand to ever be forgettable because people will not spend money for “forgettable”.

Businesses also need brand marketing because successful brands will help generate business prospects. It’s just like in high school, the popular people always get their phone calls returned and are asked to go to all the social events. The same is true for recognizable brands. If you’re in the popular crowd, you get business lunch meetings and your phone calls stay at the top of the pile.

Brand Marketing Benefits Your Bottom Line

Brand marketing that is successful will help your business fetch premium fees and pricing for your product or service. If a consumer expects top quality from your brand, he is more willing to pay more for your product or service. This will also give you a leg up over the competition.

Implementing Brand Marketing

  • Businesses can implement brand marketing by investing in its’ product, employees, and advertising. All of these factors are important in marketing your brand and serve to increase your brand value.
  • Hire a professional graphic designer to design a unique look and feel for your logo, print, and online media. The result should reflect your market and current trends in brand design.
  • You always want to be seen as unique in the eyes of potential consumers. They should only want to buy the product or service you offer, from you instead of your competition.
  • Advertising should focus on your distinctiveness and consistency of service. This will effect consumer mind set.
  • Remember to keep your brand up with the times. Use online advertising with an interactive feature. You want your brand to be seen by as many people as possible.
  • Have your employees wear clothing with your brand logo on it. This gets people talking and asking questions about your product.

Brand marketing can prove to be another way for your business to increase revenues.

A Marketing Plan in the Stone Age

Tuesday, May 27th, 2008

Marketing is a concept which has existed directly for almost as long as mankind has, or at least it has existed indirectly in some form or fashion. When a product is first introduced or offered, and sometimes even before hand, someone has to want what is being offered.

Marketing in the Stone Age

Stone AgeIn days before recorded history, someone had to get the word out about where food and shelter were available without exposing the rest of the village to danger. The ability to get this sort of information dispensed was what originally brought the concept of marketing into common usage; telling others what is available and where they can get it.

Eventually man began to live in clusters. These clusters grew into towns and municipalities, and eventually cities. Today most people don’t need to know where they can obtain food or shelter, but when they do marketing is there to answer the call.

Why Product and Service Providers Need a Marketing Plan

Then there are always those things that fit outside of the food and shelter categories, but they are necessities just the same (or at least we like to think that they are). The businesses that supply the solutions for these needs still have the same old problem, “How do I get my product enough exposure to get into the hands of the people who want or need to buy it?” If a business can’t do this then it will fail, hence there needs to be a marketing plan.

Today marketing has grown in popularity. Individuals very seldom need to concern themselves with where food and shelter are available, but now they may need to get others to buy in to other important information. Overweight individuals need to know the best way to lose weight. Smokers need to know the most efficient product to help them quit smoking. The list goes on.

How to Construct a Marketing Plan

The basic plan should include questions such as:

  • Who is likely to need my product?
  • What niche will my product fill?
  • Will my product be sold locally or sold on a much larger scale?
  • How will information about my product get to everyone who might need it?
  • How will I finance my products until there is enough of a demand to operate in a positive cash environment?
  • How long will it take before I have a sufficient cash flow to avoid taking out loans to cover operating expenses?

Of course these are not the only questions that need to be answered, but they are a good start. Once the questions listed can be answered and you have a solid understanding of what the market will bear for your good, get the word out.

In this age of technology, there are several software programs available to assist in developing a plan. Of course the plan doesn’t have to be computerized, but it does help. Boat loads of marketing data need to be gathered and analyzed to find the theoretical value of any given marketing plan; or you could do it the old fashioned way and just answer the questions on paper.

Just like in the age of dinosaurs, your marketing plan still needs a demographic. No longer will you market to your ‘tribe’, but instead you need to find and connect with a long list of people that either require or will benefit from your products and services. Marketing Leads USA can help you gather this list. Just contact us today for a free quote.

You Need Consumers But Consumers Need You Too

Saturday, May 24th, 2008

Businesses Need Consumers

If we consider money to be the lifeblood of a business, then consumers would be to a business what food is to the body. Though investors are important, it is the consumer who brings business revenue. It is the consumer who decides if your business is the one where he or she wants to spend their money. If the consumers stop coming to spend their money on whatever product or service your business offers, then your business will essentially starve to death.

Consumers

Consumers Need You Too

But lets look at it another way: The consumer needs your product or service, right? He wouldn’t be here otherwise. But it is important to not forget that you need the consumer as well. Without the consumer to consume, there is no service for you to provide, nor anyone to purchase whatever products you have available. It is a symbiotic relationship, the business and the consumer both benefit from the transaction — the consumer gets whatever product or service he needs and the business gets the money to continue doing business.

How A Business Can Best Utilize Consumers

The primary way to utilize consumers is to find out what the consumer wants and needs. If you are providing what is wanted and needed, you will always have consumers for whatever it is you are selling. From the consumer’s end it appears you are serving him, but when you serve the consumer, you are also serving your business.

Consumer Feedback

Pay attention to what consumers of different ages and backgrounds ask for, and what they seem to respond to. Collecting information like this is to your benefit and will allow you to tailor your business to the consumer to make him happier.

  • Feedback Cards - One of the most direct ways for getting consumer information for this purpose would be to give customers feedback cards.
  • Surveys - If you send out a newsletter (either digitally or paper) include a consumer survey.
  • Website Tracking - If your business is a website or has a website, track consumers’ actions on the site.
  • Contests - Depending on the type of business you have, a sweepstakes or some sort of contest might be a good way to get information about who your consumers are.
  • Polls - Include a poll on a website. This way you can ask visitors exactly what they are looking for.

A simple zip code or phone number can be a wealth of information about who is using your business. Just make sure that whatever method you use you don’t alarm or offend them.

Summary

So, to summarize — the consumer is the one who brings in the money for your business to operate. If you serve your consumers well, they will continue to utilize your products and services and your business will continue to make money. If you make sure that your business is tailored to what the consumer needs (as established through information gathered about your consumers) then you will have a successful business for a long time to come.

Marketing Leads USA can help you get a targeted list of consumers that will probably buy or subscribe to your product or service. Submit a free quote request today to learn more.

How to Get Started With Mailing Lists

Thursday, May 22nd, 2008

MailboxA mailing list is really just a glorified address book used by a salesperson or marketer. The list is a collection of names and addresses which can be used to distribute sales material to potential buyers. Originally, a mailing list was used to send flyers, newspapers, and magazines through the postal mail. However, with advancing popularity and use of the internet, the definition of mailing lists has expanded to include e-mail addresses.

What You Can Do With a Mailing List

If a business is looking to promote or advertise their services a popular technique is to send out information about their products or services to multiple recipients. A mailing list (postal or electronic) is obviously a critical tool in this process by providing a collection of potential interested individuals and their correct addresses. A mass mailing is considered productive if it brings in business to the company.

There are two types of mailings possible - mailing massive amounts of materials to a large pool of individuals or sending out a smaller amount of mail to a smaller, more selective group. A smaller amount of mail to a more selective group is a more cost-efficient way to advertise. It involves less time, money and effort and will bring back better results. The only way to ensure success is to use a quality mailing list with correct addresses to a smaller number of interested individuals.

Gauging the Quality of a Mailing List

Accurate addresses (whether physical or electronic) are a key factor in a quality mailing list. It is a waste of valuable resources to send out advertisements to a variety of recipients that never receive the mail. People frequently move and/or change their e-mail addresses. A quality mailing list needs to keep up-to-date with these ongoing changes in their inventory of potential customers.

Another key factor in determining if a mailing list is top quality is by determining how relevant your company is to the individuals on the list. If you use mailing list that has a fairly random representation of the population, you will hit all types of people in all walks of life. If your product or services are geared to college students, a 50-year-old woman will not be as valuable a potential customer as an 18-year-old boy. The best mailing list is composed of individuals who have asked to be contacted regarding products or services related to those of your company.

How to Create a Mailing List

There are a variety of ways to obtain a quality mailing list. They can be purchased or rented from businesses who work solely to distribute mailing lists, or with a little bit of effort you can create your own quality mailing list. The first step in creating a quality mailing list is to obtain quality marketing leads for a list of business or individuals who may be interested in your product/services. Then you should at least briefly research these leads and determine their interest as well as their current address.

Send Important Messages to Decisions Makers

If you are mailing to a large company, sending the mail to the individual who is authorized to make decisions will increase the productivity of your advertising. The contact information should then be transferred into a backed up document where you keep your contact information. If the mailing is to take place in the near future, the information will probably remain correct. If you have mailings scheduled in the distant future, you should attempt to confirm the information is still current before proceeding with the mailing.

Start your mailing list campaign today by requesting a quote for a mailing list to cover your target demographic from Marketing Leads USA.

What Can I Do With This Marketing Data?

Tuesday, May 20th, 2008

The marketing data provided by Marketing Leads USA can be used in hundreds of ways. The only limits are you imagination and the talent level of your marketing or sales teams.

Just for example:

  • business sales leads
  • consumer sales leads
  • executive sales leads
  • mailing lists
  • telemarketing
  • multi-level marketing
  • marketing research
  • populate directories
  • populate yellow pages listings
  • resell the leads in whole or in part
  • market to new businesses
  • market to new homeowners
  • sell health insurance to consumers
  • sell bankruptcy services to consumers
  • the list goes on and on

If you can think of a list of criteria to generate marketing or sales leads, we can probably pull that query. Be creative. Just ask.