How to Save Thousands on Your Marketing.

Saving money on your marketing really means don’t waste it.  Here’s a couple of tips to keep in mind when you are ‘packaging’ your product or service and taking it to market.

 

1. The Customer's Golden Rule – WII-FM, "What’s in it – for me."

 

While you are developing your business plan or negotiating with suppliers, landlords and banks, you focus on what you need.  It’s important not to carry this perspective with you when you communicate with your clients and referrers.

 

I recently reviewed the marketing material for a potential client who wasn’t happy with their current agency.  They had put out some innovative material.  The goal was to describe the experience of doing business with their law firm rather than listing the services they performed.  A good concept, but the execution completely missed the goal.  Virtually every sentence used ‘we…’ or ‘our…’.  The document should have used ‘you’ and ‘yours’, talking to the client about ‘what’s in it’ for the client.

 

Make sure you focus on the benefit to the client.  Most busy people (business people) don’t care ‘how’ you get it done, their main concern is the end result, the ‘what’s in it for me’. And what attracts their attention is the ‘what’ not the ‘how’.

What’s your headline, how’s on second.

 

Most referrers would like to see their clients/friends benefit from your product or service but you must clearly show the benefit to the referrer in making the referral. Start communicating with ‘what’s in it for them’ then move on to how your product or service works for your client.

 

2 - Know who your Best Customers are

 

If you sell food you could say that everyone is your customer because everyone has to eat. So you could advertise to everyone.  That would be very expensive.  And by expensive I mean a very low return on investment. 

 

Your Best Customer is the customer who spends the most amount of money and requires the least amount of effort.  The best customer is the most profitable.  Where do they live, work, play, what television shows do they watch, magazines do they read? What is most important to them, children, work, sports? When you know your best customer, you’ll know what to say and where to say it.


If you build the foundation of your campaign on these 2 tips, odds are you’ll raise the roof.

Prophet Media Group © 2008 | Privacy Policy