by admin | Jan 30, 2012 | Blog, Promotion, Strategy
Marketing tactics dealing with the importance of frequency is demonstrated below:
1. The first time a man looks at an advertisement, he does not see it.
2. The second time, he does not notice it.
3. The third time, he is conscious of its existence.
4. The fourth time, he faintly remembers having seen it before.
5. The fifth time, he reads it.
6. The sixth time, he turns up his nose at it.
7. The seventh time, he reads it through and says, “Oh brother!”
8. The eighth time, he says, “Here’s that confounded thing again!”
9. The ninth time, he wonders if it amounts to anything.
10. The tenth time, he asks his neighbor if he has tried it.
11. The eleventh time, he wonders how the advertiser makes it pay.
12. The twelfth time, he thinks it must be a good thing.
13. The thirteenth time, he thinks perhaps it might be worth something.
14. The fourteenth time, he remembers wanting such a thing a long time.
15. The fifteenth time, he is tantalized because he cannot afford to buy it.
16. The sixteenth time, he thinks he will buy it some day.
17. The seventeenth time, he makes a memorandum to buy it.
18. The eighteenth time, he swears at his poverty.
19. The nineteenth time, he counts his money carefully.
20. The twentieth time he sees the ad, he buys what it is offering.”
–
Thomas Smith of London wrote this back in 1885 when the Newspaper was the only medium!
Today the estimates are that the average consumer is exposed to between 500 to 5000 brand messages per day. Estimates vary depending who you believe, but regardless of the actual number these figures illustrate that more than ever that ONE exposure is hardly ever enough, especially when it comes to “disruptive” or uninvited media communications.
by admin | Jan 30, 2012 | Blog, Promotion
WHERE ARE YOU SAYING IT?
Where are you communicating with your customers and prospects? Where can you reach them most cost effectively? What are they reading, listening to and watching?
You need to invest wisely and and measure your results by capturing responses to as many of your communication initiatives as possible.
Here are a few rules of thumb for your marketing tactics:
- Budget (Marketing as a rule of thumb is 10% of Sales)
- Media or cost of reaching the customer is about 75% of the Total Marketing Budget
- Reach (most small businesses try to talk with too many prospects / customers)
- Frequency (most small businesses do not repeat their message frequently enough) 100 customer x 10 times is better than 1,000 customers x 1
- Continuity is important (most small businesses do not pursue the dialog for long enough! Rather than appear in 3 editions of the magazine or newspaper with a Full Page advertisement choose to appear in 6 editions with a half page advertisement. The same applies to digital media)
- Media should drive the messageE.g.. Do not make the mistake of producing 5,000 Brochures, first and then ask how will you get them into the hands of your customers and prospects!
- Just because you can get a great deal from the media (of any type) it doesn’t mean it is right for your business. Here are just a few examples of a lack of media planning:
- Why is 2 Office Medical Centre on TV? Especially when there was no point of difference or area of specialty mentioned during the ads.
- Why is a “general brand ad” for a Shopping Center on Radio? Again, as the advertisement on the radio would have reached the entire metropolitan area, this shopping center gave no reason why someone other than those in the immediate geographic catchment would bother getting in their cars and traveling substantial distances.
- Why is a large B2B industrial company on Radio? Have they exhausted all other possibilities? I doubt it. Online Marketing, Social Media, Direct Mail, and the list goes on.
These media choices may have all seemed like great ideas to these small and sometimes large business owners, but that doesn’t make them right. These media choices may have been affordable but were still wrong!
In the 3 examples above each of these businesses has a very specific target market. This specificity is due to either their geographic location or their niche B2B Audience.
Their ‘mass media’ choice will not only produce massive amounts of wastage but is unlikely to deliver the best marketing return on their investment.
by admin | Jan 29, 2012 | Blog
WHERE ARE YOU SAYING IT?
Where are you communicating with your customers and prospects? Where can you reach them most cost effectively? What are they reading, listening to and watching?
You need to invest wisely and and measure your results by capturing responses to as many of your communication initiatives as possible.
Here are a few rules of thumb:
- Budget (Marketing as a rule of thumb is 10% of Sales)
- Media or cost of reaching the customer is about 75% of the Total Marketing Budget
- Reach (most small businesses try to talk with too many prospects / customers)
- Frequency (most small businesses do not repeat their message frequently enough) 100 customer x 10 times is better than 1,000 customers x 1
- Continuity is important (most small businesses do not pursue the dialog for long enough! Rather than appear in 3 editions of the magazine or newspaper with a Full Page advertisement choose to appear in 6 editions with a half page advertisement. The same applies to digital media)
- Media should drive the message E.g.. Do not make the mistake of producing 5,000 Brochures, first and then ask how will you get them into the hands of your customers and prospects!
- Just because you can get a great deal from the media (of any type) it doesn’t mean it is right for your business. Here are just a few examples of a lack of media planning:
- Why is 2 Office Medical Centre on TV? Especially when there was no point of difference or area of specialty mentioned during the ads.
- Why is a “general brand ad” for a Shopping Center on Radio? Again, as the advertisement on the radio would have reached the entire metropolitan area, this shopping center gave no reason why someone other than those in the immediate geographic catchment would bother getting in their cars and traveling substantial distances.
- Why is a large B2B industrial company on Radio? Have they exhausted all other possibilities? I doubt it. Online Marketing, Social Media, Direct Mail, and the list goes on.
These media choices may have all seemed like great ideas to these small and sometimes large business owners, but that doesn’t make them right. These media choices may have been affordable but were still wrong!
In the 3 examples above each of these businesses has a very specific target market. This specificity is due to either their geographic location or their niche B2B Audience.
Their ‘mass media’ choice will not only produce massive amounts of wastage but is unlikely to deliver the best marketing return on their investment.
by admin | Jan 29, 2012 | Blog
A brand is a personality and personalities like people don’t really change so neither should your brand.
“Every advertisement should be thought of as a contribution to the complex symbol which is the brand image.”
– David Ogilvy, regarded as the Father of Modern Advertising
“It took millions of years for man’s instinct’s to develop. It will take millions more for them to even vary. It is fashionable to talk about the changing man. A communicator must be concerned with unchanging man, with his obsessive drive to survive, to be admired, to succeed, to love and to take care of his own”
– Advertising great, Bill Bernbach
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