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Published September 2002 In
promotions game, “What we have here is a failure to communicate.” Cool Hand Luke, 1967. It’s a bigger problem now than it was then. The issue isn’t a lack of, rather, an overabundance. On average, we are subjected to over 2000 promotional messages every day. The natural inclination, when promoting a product, is to deliver as much information as possible. This tack, however, usually reduces response levels. “Less is more” is the promotions game. This is the final article of a four-part series on how to improve return on marketing investment. The theme throughout has been “focus.” To read the first three articles — on effective product, pricing and distribution strategies — go to www.snohomishcountybusinessjournal.com and click on the “Archives” button. Promotion, the forth “P” in the marketing mix, involves a variety of techniques — primarily advertising, PR, sales promotion and personal selling — to communicate with customers and prospects. The reason most promotion strategies fail or underdeliver is because the marketer attempts to communicate too much. Most campaigns lack the “focus” necessary to generate consumer action or recall. The purpose of promotion is to get consumers to either buy now or remember the promoter when they’re ready to buy later. The biggest challenge lies in the message, not the media. Here are some tips on how to attract more customers with your promotion.
Case in point, if you have a relatively small voice (small market share and budget), it pays to communicate a single, simple message consistently. Altoids (over 100 years old) wasn’t even on the U.S. radar screen until they started advertising in Seattle in 1995 — with the same proposition they have today: “the curiously strong mint.” Now they’re a multimillion-dollar brand. In concluding the series, my key message to you is don’t fragment your marketing efforts! Less is more. If you remain focused, consistent and integrated in your marketing mix (product, price, place and promotion), you will realize a stronger and more sustainable ROI. Evaluate your current program for extraneous activities and inconsistency. In the marketing universe, narrowing your sights will expand your horizons. “May the focus be with you.” Andrew Ballard, President of Marketing Solutions Inc. in Edmonds, develops brand leadership strategies for businesses and teaches strategic marketing through Edmonds Community College. He can be reached at 425-672-7218 or by e-mail to andrew@mktg-solutions.net. |
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© The Daily Herald Co., Everett, WA |
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