Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Offering Gift Cards This Christmas?

According to blogger Rieva Lesonsky, every business should be offering gift cards.

Buying gift cards is not a casual consumer purchase. The stats show that in 2008 Americans bought more than six cards (on average), spending an average of $52 per card.

Even better for entrepreneurs is the fact that, according to Contardi, there is generally a "15 to 30 percent uptick" in what Contardi calls the "basket ring" (amount purchased) when consumers shop with their gift cards. In fact, the survey reported that 69 percent of gift card recipients spent more than the value of the card when they shopped.


This sounds like an excellent idea, but I offered gift cards one year and don't know that I want to offer them again. Granted, I did make quite a bit on the gift card sales, much of which was never redeemed. This really ate at my conscience. To top it off, two or three years later, I was still getting random calls from people who wanted to redeem the old gift cards... usually at times when it was a financial strain for me to honor the cards.

If you are thinking about offering gift cards, I urge you to do the following:

  1. Put an expiration date on the gift card. A small business should be comfortable putting a one year expiration date on the card. I would do 18 months at the most.
  2. Put a portion of the gift card income in a separate account to use when people want to redeem the cards.
  3. Get over the guilt of making easy money for unredeemed cards.

Business Cards that Make Them CALL

By: Bette Daoust, Ph.D.
How would you use business cards for gift certificates?

I asked once "How many business cards do you need?" and answered that you only need one. Even though this is true when you are trying to form business relationships, it is not true when it comes to promoting your business. Promotion can come in many forms, but using business cards to represent a gift certificate will make it easier for your potential customer not to lose it. You can issue gift certificates for a two-for-one dinner, a discount when coming into your store, or for time at the driving range. Whatever it is that you decide to use it for, you will find that usage will climb considerably if they are in a format that can be readily tucked into a wallet.

When you go to most grocery stores or retail stores, they sell gift certificates in the form of "credit cards". This allows them to swipe at the register when a purchase is made and to have the amount left loaded on the card. This is a very expensive method for most small businesses. You can use the same principle, but in paper format. Business cards can range in thickness from paper-thin to fairly heavy stock. The heavier the stock, the more likely the card will not be lost.

I once helped a small grocery store promote their business and gain new customers in their neighborhood by having "gift certificates" for a free jug of milk. We decided on a jug because most people do not purchase just a quart if they have a family. This promotion drew in almost all the neighborhood and the store gained new customers through the attention. You do not need to give away the farm, or in this case the cow, you just need to use a format that will work for you. Once a customer is in your store, then you can start working on the business relationship.

Your gift certificate, invitation, announcement, etc., should also contain your web information.

Article Source:
http://www.bestmanagementarticles.com
http://advertising-and-promotion.bestmanagementarticles.com
About the Author:
Bette Daoust, Ph.D. decided to find the best ways to get people's attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the “Networking Queen”. Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself. For more information visit http://www.BlueprintBooks.com

What you DON'T want to advertise on your vehicle

I was driving along today and noticed a truck with very large writing on the back window. It said "Don't Spread My Wealth Spread My Work Ethic". It seemed like a fair enough comment. The truck was covered with writing, and we were at a stoplight, so I kept reading.

I saw an Obama style bumper sticker that said "Buck Fama". Nice I thought. I kept reading. Under the political bumper stickers, was a business logo. In fact the entire side of the truck was covered with a business logo. But it doesn't really matter to me what the truck was advertising... it could have been selling ice cream from heaven, I was turned off by the vulgar bumper sticker.

This business man made several fatal errors when advertising politics on his business van.

1. The size of the political advertisement distracted from the business logos, thereby making people focus on it and not his adverstising.

2. One of the advertisements was (slyly) vulgar and thereby off putting.

3. He should have save politics for his personal car. By putting this strong statement on his car, he has sent a good amount of potential customers to the competition. People will work with you until you start discussing politics. As soon as they realize your politics might differ, well, you could lose customers.

It is hard to see the most offensive bumper sticker, but see the picture below to see how the political statement takes away from the other advertisment. At a stop light, you only have so much time to read the truck in front of you... Mine was taken up by the bumper sticker and lettering on the window. Fortunately I took a picture.

Finding the Right Bloggers to Promote Your Business

Using Bloggers to Promote Your Business

Getting paid to blog can be seen as selling out to many bloggers, but for others, it is a way to cover the expenses of the blog which is often a labor of love. As someone who has been reading and writing blogs for many years, I definitely see both sides of the fence. No one wants to follow a blog that includes far too many obvious commercials. Still a blogger spends a lot of time creating the blog, and it is nice to get a little monetary compensation from time to time.

Read full article here

Suggested reading: Blog Marketing: The Revolutionary New Way to Increase Sales, Build Your Brand, and Get Exceptional Results

Tip: Offer your customers, free information of VALUE.


It is difficult for a prospect to take the hard step towards making the decision to become a customer. Many prospects and return customers need a little nudge. Enter Guerilla Marketing. Make that hard step a lot less hard by providing soft steps for your prospects and return customers to take. Offer your customers, free information of VALUE. This should include, free brochures, a free newsletter or a free catalog. All of the mentioned can be created and/or delivered, electronically.

Guest blog by:

The V~Source Marketing ~ Blogzine is designed to give Small, Home-Based, Virtual and Online Business Owners an informative, detailed and educational look at modern marketing trends and promotional ideas while becoming a resource.

Help: Identifying legitimate trade shows/expos

I have put together a list that can assist both vendors and hosts in regards to trade shows/expos.

This list will help potential vendors identify a legitimate opportunity and or help hosts validate their legitimate opportunity.

1. The trade show should have a business/industry oriented name.

2. A contact name, phone number/e-mail address should be available. Once contact is initiated, a professional with knowledge and details about the event should assist you and be able to answer any and all questions that you may have.

3. A website detailing the event is fairly optional but highly recommended. If you are a web design vendor you may want to think about exchanging your service/talent for booth/table space at the event. (hint..hint)

4. Show date(s) and time(s) should be clearly stated.

5. Expected attendees, demographics and target information should be available upon request.

6. Estimated number of exhibitors should be available upon request.

7. Show venue, location and element should be clearly stated.

8. A clear refund policy should be available in case of conflicts, weather, etc.
Guest blog by:

V~Source Marketing ~ Blogzine
The V~Source Marketing ~ Blogzine is designed to give Small, Home-Based, Virtual and Online Business Owners an informative, detailed and educational look at modern marketing trends and promotional ideas while becoming a resource.

Question: Can LESS be MORE in Marketing? YES!

As a marketing professional, I can vouch for the fact that high-budget marketing is not always high-impact marketing. There is no need to ring your bank account dry on marketing endeavors.

However, you do need the right techniques to reach your target audience.

Low cost marketing techniques are equally effective in creating recognition among current and potential customers. Such techniques can also assist with keeping customers loyal.

The real challenge here is not how much money you can spend, but rather, how creative you can be in finding ways to maximize results out of every penny you spend on your marketing plan.

Reference: www.marketingcrossing.com

Guest blog by:

V~Source Marketing ~ Blogzine

The V~Source Marketing ~ Blogzine is designed to give Small, Home-Based, Virtual and Online Business Owners an informative, detailed and educational look at modern marketing trends and promotional ideas while becoming a resource.

Saving Some for Later

I got some business advice from a very wise person today. You see, I have been spending all of my time lately working for paid writing jobs, which is wonderful. However, I have spend very little of my time since the first of the year working on my blogs. That may not sound like a big deal since I get paid a living wage for my articles,and slave wages for my blogs. However, blogging does eventually pay off, and neglecting to work for them is the same as neglecting to put any money away for the future.

With my writing business paying off well, I have been busy focusing on now, and not my future income. If this continues, in five years, I will still be writing for six to eight hours a day or more, and making the same amount of money. If I cut back just two hours a day on my paid writing, and worked more time on my blogs, then in five years, I will be writing only two or three hours a day, and very possibly making alot more money.

Now I realize that not everyone's business works the same way I do, but in theory, anyone who owns a small business needs to spend a certain amount of time in active work, and also a portion of their time in planning, and marketing to bring in future business.

So here's where you talk back. What do you do, how much time to you spend on making income for now,and how much time do you spend working toward future income?

Marketing at Christmas Parties

I went to a holiday party on Friday Night, and my kids have been to two so far. It is said that yesterday, December 15, is the biggest party night if the year.

At the party I attended the other night, I didn't bring any business cards... what was I thinking. A holiday party is an awesome networking opportunity. I spoke to people I hadn't seen in a while. I met new people too. We talked about personal stuff, and we talked about business... people asked for business cards and I did not have them!

Sigh. Maybe I will go to another party or two before the season is over.

If you are going to a holiday party, don't forget YOUR business cards.

Old Marketing Idea is New Again

About 10 years ago, when I created my first website, I found that adding a free contest giveaway, would get me a good amount of traffic. Whether or not it got me targeted traffic is another question, but I did get a few jobs from traffic that came for me free baby plaque or step stool. As google changed the way it ranked blogs, and free stuff sites became less prevalent on the web, this marketing technique became less popular.

Today I stumbled across this post with made me immediately put contests on my blogs. Whether or not the contest traffic brings someone who will complete a sale with me, there is a good chance that they will click on one of the ads on my page... Read the post. Giveaway something. Get traffic. You might like it.

Perfecting the Art of Silence in Negotiating

Author: Liz Tahir

As Sarah wound her way past the tables and toward the stage to get her "Top Salesperson Award" at the company's annual dinner, her colleagues were mumbling about how someone with the firm only a year could have sold more than anyone else. Sarah was pleasant enough, but hardly the gregarious salesman type. When asked how, Sarah wasn't talking. What her colleagues didn't know is that was the real key to her success. Sarah was making sales by practicing the art of silence , not the art of talking .



Silence is the secret tool of power negotiators. Knowing when to listen, not talk. Using facial expressions, not your voice, to make a point. Here are five tips on how perfecting the art of silence can make you a better negotiator:



1. Listen more. Listening is not passive. One can control the negotiation process by simply listening well. When we listen well, we gain the trust and confidence of others. When people are encouraged to talk, they tell us their needs, their wants, their dreams, and their plan of action; in short, they give us information. When we truly listen to people, we make them feel important, particularly if we are making good eye contact while listening. The problem is that most of us don't truly listen when others talk. We just can't remain silent long enough to really hear them. Chances are we are just marking time until we can jump in and start talking. We should be aware that every time we do talk, we open ourselves to being vulnerable.



2. The 10-second strategy. Silence makes most of us uncomfortable. In today's world, there is noise all around us, from the cell phones ringing, to the iPod in our ear, to chats around the water cooler. We are conditioned to noise, not being silent. Try this test: the next time you are negotiating with the other party, and they say something like "well, that's my offer," don't utter a word for 10 seconds. It's practically guaranteed they will jump in with another offer or more information, anything to break the silence. When you get comfortable with 10 seconds, bump it up to 20 seconds. The silence will hang like lead and drive ‘em crazy!



3. Ask questions. A good way to learn silence is to ask questions, another secret weapon of successful negotiators. The person asking the questions controls the conversation. While you can get information from the person answering the question, generally if you have done your homework, you should already know the answer before you ask. Lawyers are taught to never ask a question without already knowing the answer; good advice. What you are really doing here is getting the other person to talk, perhaps to verify your information, but really to feel more comfortable working with you, and therefore to trust you.



Let's turn that around. Realize that when someone asks you a question, there is no law that says you have to answer. Try remaining silent. The questioner will likely start talking again. A good negotiator who really does not want to answer a question might, after awhile, say something like "before I answer that, tell me why you ask." Throw it back. Remember, there is no law that states you have to answer questions asked of you.



4. Pause more between sentences. In a recent study, a team of scientists showed that in listening to a musical symphony, just a one-to-two second break between movements triggers a flurry of mental activity. So could a one-to-two second pause between sentences be just as powerful in helping others comprehend our information? Any comedian will tell you that it is the timing of pauses in their delivery that determines their success. Those of us who are fast talkers have to learn to be more deliberate and practice this art of pausing between sentences for more emphasis.



5. The flinch, the shrug, the smile. These actions are all guaranteed to carry a powerful message, as you remain totally silent! The flinch is the quick, jerky movement of the shoulders, with a pained look on your face, as if you have just been stricken. It sends an immediate message you did not like what you heard. Once you flinch, then what? Why, remain silent. Wait for the other party to speak, and they quickly will, chances are while scrabbling to sweeten the deal. The shrug of the shoulders sends the message that you just don't care; you're not interested. Again, remain silent. And the smile . A silent smile is powerfully enigmatic (ask Mona Lisa), and the other party is left to guess what you are thinking. And, yes, again, don't let the first person who speaks be you.



Power negotiators, whether sellers or buyers, know that what you don't say is sometimes more powerful than what you do say. Use these tips the next time you negotiate and enjoy the power that silence brings.

Article Source: http://www.articlesbase.com/negotiation-articles/perfecting-the-art-of-silence-in-negotiating-271860.html

About the Author:
Liz Tahir honed her negotiating skills through years of making multimillion deals in company boardrooms to bargaining for a brass bauble in a Turkish bazaar. A former corporate executive, she has, for the past 17 years, headed Liz Tahir & Associates as a marketing consultant, conference speaker, and business writer. Liz has delivered seminars and workshops from Japan to Brazil on improving negotiating skills for better success in today's international marketplace. For more information about her services, go to http://www.liztahir.com , or call her at (504) 569-1670.

http://www.ahermitt.com

Last minute Marketing Ideas for Halloween

It's Halloween, and you are going to have dozens, maybe even a hundred or two people knocking on your door, (depending on where you live). You can take advantage of this traffic and market your products. Here are some ideas you can use.
  • If you sell beauty products, have a basket of samples next to your candy basket. Make sure your business card is attatched to the samples with bright ribbon. When you give the kids candy, give mom and/or Dad a "treat" too.
  • Give out the best candy and add a business card to it. Your neighbors may not know they have an accountant, house cleaner, or home chef on their block.
  • Make a knockout Halloween display and and a large sign that says 'compliments of XYZ business'
  • If you have a business sign or magnet on your car, park it in such a way that the sign is visible to all who pass.

Taking Advantage of the Holidays

Many stay at home mom businesses can take advantage of the holidays. There are some exceptions of course like people who offer business services, but you can still have end of the year specials. Here are some things you can do to boost your sales this holiday season:

  • Make and promote gift baskets
  • Tailor your product for holidays (a muralist can make business or play backdrops, and a jewelry maker can make ornaments and special holiday earings)
  • Participate in holiday fairs and group sales
  • Offer holiday gift certificates (put expiration dates on them)

Do you have any unique ideas that you use during the holiday season? Leave a comment. Let us know.

Using Direct Mail & Mailing Lists

Did you know you can purchase mailing lists? The price of your mailing list depends on how many options you select. You can be very specific, for example, you can request a mailing list by families with children and income levels. A mailing list is also a good option if you want to only mail to specific zip codes.

Many mailing list suppliers can allow you to obtain your mailing list on CD-ROM, if you want to use the list more than once, or you can opt for the mailing list to be sent to you on pre-printed mailing labels, which saves time. Most mailing list companies will require you to email or mail in a sample of the mailing material if you request a list that includes families with children. This is a good sign - it means the company cares about the safety of children.

There are many services that also offer a mailing list and they will handle all the mailing and affixing postage for you. If you use one of these services, be sure to also include some 'blinds' (names and addresses of family and friends, so you can be sure the mailings are actually happening, and are taking place by the schedule you selected. In other words, if you add a friend to the list and the friend says they never got the mailing, yet you paid for it - you will know you have an issue to discuss with the mailing company!

w3Data, a mailing list supplier, allows you to look up your previous or current customers (the information is secure) and they'll help you find more customers just like the ones you've had! This is a pretty sure-fire method of creating a successful direct mail campaign, if you don't know where to start.