Simple Ways to Determine Which Marketing Ideas Are Best for Your Business
Did something catch your eye in a direct mailing this past week? Have
you recently gone to a website and encountered something entirely new
that you'd like to try out? Did a friend of yours try out a new marketing
idea and generate a few thousand dollars of extra business overnight?
As a small business owner, it's all too easy to get caught up in the
hype of new marketing techniques that promise quick rewards for little
cash. I'll even admit that we copywriters are trained to overcome your
psychological objections to buying what we're selling so that you're
ready to whip out your wallet right then and there.
And especially in certain marketing circles, the marketing materials
for a new whizbang idea are so compelling, you're driven to dump everything
you've been doing in order to start trying the latest, greatest end-all
be-all marketing technique right away. But this can be dangerous to your
bottom line -- or even your entire business.
Whenever you try out a new marketing idea, it's important to proceed
with caution.
Here are quick tips to keep you on track:
"If it ain't broke, don't fix it."
If you have been sending out a direct mailing that steadily brings
in business at a rate that you are happy with, don't stop using this
technique just to put new life in your marketing plan.
Instead, test different types of offers/approaches/what have you using
a small portion of your mailing list (10% is a good start), see what
works best and then test some more using that approach as your control.
Make sure that you apply whatever you learn from these tests to your
other campaigns, and then test some more.
Measure your results in order to determine what works best
There's no reason to try something new if you're not able to see what
works.
For example, I recently tested a different approach on a page on my
website that is solely dedicated to generating subscriptions to my Avenues
to Marketing Success Newsletter. To see if the new copy worked, I sent
prospects coming from one online source to the new page and tested the
old version of copy against the new. I then tweaked the version that
worked best until I found a balance that got the best response from my
target audience of small business owners.
Marketing isn't just about the numbers
Sometimes a marketing campaign you've already got rolling doesn't work
its magic right then and there. It has a slower, but longer-lasting effect
that will generate long-term sales for you and build trust in your group
of prospects.
This is a concept so near and dear to my heart that I'm literally writing
a book on this, in fact, and I have found that over time, even campaigns
that don't generate an immediate boost in income have residual effects
that ensure the longevity of your business.
So remember that you're selling to people who need time to warm up
to you and might not respond the first time you try a new marketing tactic.
Give your older marketing idea a little time to work its magic.
If it sounds too good to be true, it probably is
I can't count the number of times I've had clients approach me wanting
to use a new marketing idea because 3 people gave testimonials on a website
stating that they made millions overnight.
I don't doubt the authenticity of many, many of these testimonials,
which often come from reputable marketers who have built a legitimate
business rapidly, but there is a reason why the vendors selling these
sorts of products use disclaimers stating that the income earned is atypical
and may not work out for you. Their market is not yours, their circumstances
are not yours, and most good things require work to accomplish, regardless
of what is claimed.
But don't let this discourage you. After all ...
It's always OK to try something new; just make sure not to discontinue
the marketing you've been doing that gets results
The 10% rule works here as well. Spend 90% of your time and money on
marketing that you know has worked before and will work again and again,
and use the other 10% to try new techniques. This way you won't miss
out on a stellar new idea, but you also won't bankrupt your business
if your new marketing idea fails.
Wait 3 days to decide
That's all. Just wait.
Sure, it's tempting to jump right in the moment you read scrumptiously
mouthwatering copy that shows you how countless business people before
you have turned tiny businesses into multimillion-dollar conglomerates
ONLY if you buy today, but that's the point: The copy is designed to
get you to act now.
Even as a copywriter myself who's fully aware of the sales techniques
involved (and uses them when it makes sense and is ethical to do so),
I know how hard it can be to resist the temptation to buy the very moment
you encounter it; it happens to me as well, and theoretically I should
know better.
To ensure that you're making an educated decision, stick a note in
your calendar to revisit the idea after 3 days and see if it still looks
as good as it did the day you first encountered it.
In any case, expanding your marketing horizons to include new marketing
ideas is always helpful if it allows you to learn more about what your
prospects are looking for. Just proceed with caution, use a little moderation
and you'll see which one of your new marketing ideas works and which
ones don't in short order.
For more help like this why not visit … Idea
Marketers
|