Archive for June, 2014

Print Coupons Are Valuable Tool for Driving Business

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With the advent of the Internet and mobile technology, it may seem that print advertising has gone by the wayside. However, that is simply not true. In fact, there are still many legitimate, valuable uses for print advertising. One of those opportunities is coupons.

We see coupons in grocery stores constantly. Every Sunday paper has coupons that give customers incentive to try new products or new versions of older products. Why is that? Simply put, coupons work.

So how can you use coupons effectively if you’re not running a grocery store? Here are some ideas to consider:

Return Business

Coupons are one of the best ways to obtain return business. For example, consider creating a “Buy 10, Get 1 Free” card. This type of coupon works well for businesses that sell multiples of the same type of product. Examples might include “Buy 10 earrings, Get 1 Free” or “Buy 10 ink cartridges, Get 1 Free.”

Another option is to offer a coupon to every customer who makes a purchase, inviting them back into your store or to your website. Choose a specific dollar amount or percentage off the customer’s next purchase with you. You can track return visits to see how much business this method generates.

QR Code Coupons

If you’d like customers to visit your website, you can create coupons with QR codes that will take them to a specific landing page on your website where they’ll find a special offer. Since the QR code lands on one specific page, you can track the number of people who use it to see if your clients respond to this type of advertising. An example could be a limited time offer on a specific product or service that you’re promoting at that time.

Mixed Promotion Coupon

Another incentive for driving business is to match a special event with a discount coupon. Start by creating a flyer that announces the event with a coupon attached as a reward for customers who choose to attend. This type of advertising works well for a business that can demonstrate products. For instance, an art supply store might offer demos of specific products for customers who present the coupon. The combination of the demo and the coupon offer the incentive for return business.

New Business Coupon

Everyone loves a bargain, especially if they’re shopping for something expensive. If your business offers higher-priced products or services, a price-matching coupon might drive new business. For instance, if you’re in the car industry, you could develop a coupon for new customers that offers to match their best offer on a specific model car or a free service if you can’t match the price. Since higher-priced items trigger budget-conscious shopping, this type of coupon will drive new business to your door. Try partnering with related businesses to help distribute your coupon, add the coupon to the newspaper bundle, or mail it to local consumers who fit your target base.

Creative couponing reaches customers looking for a bargain. If that bargain is fulfilled with exemplary customer service and support, the result is often a stronger a relationship that leads to referrals and return business.

Date: 27th June, 2014 | Under: Print News | No Comments

Making Friends and Finding Customers: Using the Same Process to Find Both

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Young children tend to be relatively indiscriminate when it comes to making friends. As long as the other child is remotely interested in playing the game at hand, they tend to quickly run off together at a playground. As people grow up, however, they tend to become a little more selective when it comes to choosing friends. As we age, we look for people who share interests with us and possess a similar life outlook. When we find people who share these particular qualities, we begin to form relationships and bond with them.

Why we care about finding friends with similar interests

We seek friends who share our interests because these common touch points make it easy to find things to discuss with them. Friends who share our interests can anticipate our needs, answer our questions, and engage us in a way that people with whom we have nothing in common cannot.

Of course, these similarities don’t have to revolve around particular activities. Sometimes, personality traits or beliefs will draw us to our closest friends. But in all cases, there’s something we find engaging and significant in the other person when we begin to form a friendship.

Relationships with companies

For your company to be successful, you must build relationships with your potential customers. Understanding the dynamics of friendship can make this easier. Similar to the process of meeting new friends, your company must seek out potential customers who have particular characteristics that align with your buyer personas.

Just as a person seeks new friends by participating in activities they enjoy, you, must look for new potential customers in areas where those prospects tend to congregate. This might mean going to Twitter if you’re trying to reach the college-age crowd or to the daily commuter newspaper to reach middle-aged commuters on the metro. Knowing where to go to meet potential customers will make an enormous difference in the success of your marketing campaign.

Once a new customer has been introduced to your company, the relationship will need to be nurtured, so it can grow. There are a number of techniques you can use here. For example, providing a regular stream of content that offers value to customers will help them grow to trust your company to answer their questions and provide them with the services they require. Compelling content will also keep bringing customers back to your website or physical place of business. The more they return and are exposed to the company brand, the more willing they will be to do business with you.

You can also build relationships with customers by encouraging camaraderie among them. When customers feel like part of an exclusive group, they tend to have greater feelings of customer loyalty and are more likely to become repeat customers.

Building friendships typically involves finding people who share particular traits in common. You naturally use those traits to build a relationship you come to rely upon and trust. Similar techniques need to be used when building a customer base. Seek people with particular characteristics that match your identified consumer personas, then work to nurture those relationships and encourage people to return time and again. If you think of finding customers like finding friends, you should have great success building a marketing campaign.

Date: 24th June, 2014 | Under: Tips & Tricks | No Comments

What Marketers Can Learn at the Farmers’ Market

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Imagine walking into a farmers’ market. Like many other visitors making their way through the stalls, you’ve become increasingly concerned about where your food comes from and the techniques used to grow it. The farmers’ market offers you a distinct advantage because here you can actually speak with the people who grew or raised the food you’re looking to buy. You can ask them questions.

You approach the first stall. The farmer offers a variety of foods — fruits, vegetables, and even a bit of meat and cheese. You try to ask some questions about what pesticides were used when the plants were growing, what the animals ate, and whether or not the chickens were allowed to roam. The farmer seems annoyed by your questions. He gives you gruff, brief answers that don’t really address your concerns but seem focused instead on getting you to make a purchase or move along.

The next stall is similar, except you note that the prices are about 10%-20% higher. Still, you reach out to the farmer behind the counter and start asking questions. What a difference! The farmer comes out from behind the counter and tells you all about the methods he uses to grow and raise his different livestock and crops. He explains what safeguards he has in place to protect the consumer’s health and the experience he has in the field.

The time comes for you to make a purchase. Who are you more likely to buy from? Is it the farmer who just pushed you to buy or the farmer you’ve begun to trust because of his helpfulness, even if he does charge a few cents more? For most people, the answer is going to be the second. When people form bonds with merchants and begin to feel as though they can trust them, they become increasingly likely to buy from those vendors. This same concept should be incorporated into all your marketing campaigns.

Helping to build a relationship of trust

Becoming a source of answers and an authority in the industry for potential customers is a critical part of building this relationship. This often involves building plenty of valuable content online that customers can turn to when they have questions. Content that adds value helps customers begin to trust a company, their products, and their knowledge of the industry. When a single company has the answers a customer is looking for time and time again, there’s little question who they’ll turn to when they’re ready to make a purchase.

One way to build this kind of relationship is by working to become a regular community figure. Look for events or people you can sponsor to help get your company name in front of potential customers on a regular basis. Being available in person to answer questions for potential customers is one of the best types of marketing.

You should similarly take advantage of networking opportunities and work to establish friendships with many other professionals. As you nurture these relationships, remember that you’re building for the future, too. Even if you don’t get any immediate sales from a contact, they’ll be far more inclined to turn to you in the future if they know you’re someone they can trust.

Taking the time to build relationships with potential customers — by answering their questions, providing them with quality content, and even forming friendships — is a wonderfully easy way to grow your business. People naturally turn to the people they trust in business, so follow the same rules as the helpful farmer in the farmers’ market, and begin to improve your own marketing techniques.

Date: 20th June, 2014 | Under: Marketing, Tips & Tricks | No Comments

Marketing Your Brand to Every Palate

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One of the joys of eating out as a family is the opportunity to let each person choose their own meal. For those with a bit more daring palate, that might mean trying something new. For others, it might mean ordering an old standby they know they’ll enjoy. In either case, the person is more likely to enjoy their dining experience because they have the chance to order something that suits their own individual taste.

Distinct appetites and marketing

Just as every person has their own unique palate when it comes to food, your customers have their own appetites when it comes to how they want to receive your marketing messages. Keep this in mind as you plan your marketing campaigns. Work to tailor your message (and media) to address the needs of the various types of customers you’re trying to reach.

Begin the process by developing several key buyer or customer personas. Your marketing campaigns should be carefully tailored to address the particular characteristics each of those personas share. For example, if you’re marketing for a bank, the ads you use to reach consumers looking to save time checking their balances and making deposits might not be the same ads you would use to reach consumers searching for information on a reverse mortgage.

In the same way, try to tailor your campaigns to address the platforms your customers are using to access your information. Emphasize web links and clickable phone numbers on mobile websites, email addresses and phone numbers on standard web pages, and easy-to-remember URLs on print ads and brochures. For direct mail marketing, target your campaigns based on demographic information, such as income levels, number of children, location, and so on.

The more precise you can make your campaign, the more likely it will be to succeed. Customers appreciate it when they feel as though a marketing campaign addresses their unique concerns and problems. When customers see advertisements that don’t apply to them, they tend to ignore them. In some cases, they may even get completely turned off by the company involved. Taking the time to tailor your ads to address the needs of different groups of potential customers is the best way to start gaining new customers and improve the visibility of your company.

Whether it’s a night out with the family at a favorite restaurant or a marketing campaign aimed at gaining new customers, remembering the individual tastes of the people involved always makes good sense. A well-planned, well-focused, multifaceted campaign leaves customers feeling appreciated and increases the chance of reaching them when they’re ready to buy. If you’re ready to get started with your next marketing campaign, reach out to us to see how we can help you make it happen.

Date: 17th June, 2014 | Under: Marketing, Tips & Tricks | No Comments

Management Lessons From Our Elementary School Days

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Think back for a moment to your elementary school days. Chances are, some of your best memories revolve around celebrations. Whether celebrating a classmate’s birthday, a favorite holiday, an accomplishment for the class, or even the 100th day of school, everyday celebrations are an essential part of many elementary school classrooms.

Why are these types of celebrations so popular?

For one thing, they offer everyone, including the teacher, a bit of a mental break from the daily grind. When people return from a break, they’re ready to sit down and work some more. Without a break, it’s easy to get burned out.

Secondly, they help to keep the atmosphere happy and joyful in the classroom. Everyone functions better when they work in a positive atmosphere.

And finally, they offer the teacher and classmates the chance to recognize the accomplishments of the group as a whole, as well as those of individual students. When students know their efforts are recognized, the motivation to continue to perform and earn more rewards is strengthened.

While most working adults are far removed from elementary school, that doesn’t mean these basic lessons learned in childhood no longer apply.

What business leaders today can learn from their elementary school teachers

Elementary school teachers understand that the best way to keep people motivated is to celebrate their accomplishments. When you find ways to congratulate people or teams who meet particular goals at your organization, you’ll also be encouraging them to continue to strive and accomplish more. Employees who feel as though their accomplishments and efforts are recognized are more likely to feel satisfaction at the workplace and trust that their efforts contribute to company success.

How businesses can create the environment on an adult scale

Working to keep the atmosphere light and pleasant can also contribute to a positive work environment. While most professional environments wouldn’t be able function with parties every week, there are plenty of other ways to encourage a positive workplace. Cards, token gifts, bonuses, announcements of accomplishments at meetings, and similar strategies can all help employees feel appreciated. Even personal notes from management will let employees know their leaders notice the efforts of everyone below them. Save the parties for more memorable occasions, such as the holiday season.

Employees who feel appreciated have greater company loyalty. Loyal employees tend to be fantastic company evangelists, while also contributing to the stability of the company. The result is a stronger company that can move forward more effectively. Loyal employees tend to speak positively about the brand to their friends and family, as well as online. Creating a positive company environment will help to make the entire company a welcoming place for employees and customers.

When companies have specific goals in mind, it’s tempting to just expect everyone to put their noses down and work. In reality, companies that work to create a rewarding atmosphere where employees feel happy and content are likely to accomplish greater things and have employees who feel more loyal and appreciated by management. How happy an employee feels can have an incredible impact on their productivity. So take the time to foster happy employees, and get started building your company today.

Date: 15th June, 2014 | Under: Tips & Tricks | No Comments

Writing an Amazing, Effective, Brilliant Press Release

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What’s the first tool you turn to when you need to get the word out about a new product, service, or innovation from your business? If you’re like many small business owners, it’s probably not the press release.

While some marketers have pushed the press release into the background — throwing it under the bus in favor of newcomers like Twitter, Facebook, and banner ads — this venerable marketing tool has definitely not outlived its usefulness. In fact, some even say that with today’s focus on content, the press release is more valuable than ever… that is, as long as it’s done right.

We’ve collected best practice tips and advice from the experts to help you take full advantage of this tried-and-true marketing strategy, so you can write a brilliant, amazing and — most of all — effective press release that’ll get noticed.

Press Release 101

First, the basics: What, exactly, is a press release, and why does it exist? In a nutshell, a press release is a written update or summary, usually a couple hundred words in length, that alerts the media to news about your business. Whether you’ve created an innovative solution, are introducing a new service, are planning a big event, or have won an award, a press release supplies journalists with the information they’ll need to write an article about you in the press.

At least that’s the goal. Crafting your press release to appeal to journalists is key, as they’re inundated with information every day. Here’s how to make yours stand out.

Make it Accessible

Your press release should follow a standard format, which includes an attention-grabbing (but relevant and accurate) headline followed by a strong opening sentence that gets right to the point. Reporters are busy; assume that they’ll probably only read the headline and first few sentences before scanning the rest of your text, and really make that prime (content) real estate work for you.

Within the first paragraph, think like a journalist and address the 5 “W’s”: who, what, where, when, and why. Use the remainder of the text to support the important information you just shared in the first few sentences.

You Invented a What?

Here’s the fun part. Remember, what’s huge news to you as a business owner (that new line of tires you’re offering is amazing! Your lobby redesign is a stunning example of modern design!) may not be quite as huge to those who aren’t directly connected to your company.

But don’t get discouraged: Get creative. Find the angle that makes your information compelling — the angle that makes your press release more like a news article. You need to demonstrate the value of your information; does it solve a problem for consumers? Will it fill a need in the community? Think like a reporter, and turn your press release into news that people want to read and can use.

Short and Sweet

Again, journalists don’t have a lot of time to savor each and every word, so keep your message short and sweet. Be succinct; get to the point and say what you need to say in as few words as possible. Your press release should always fit on a single page.

Contact Information is Key

Whatever you do, don’t forget to include your contact information! This vital data should go at the top of your document, where it’s easy to find. Ensure that you’re including the contact data for the person you want reporters to contact, as well. Maybe that’s your secretary, your CEO, or a project manager. Whoever it is, ensure that those who want to contact your business can.

If you continually deliver direct, relevant press releases, your recipients will take notice. As your credibility increases, so will your chances of getting that valuable media attention.

Date: 10th June, 2014 | Under: Tips & Tricks | No Comments

Networking Tips Straight Out of High School

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Back in high school, there were always a few classmates who seemed to find schoolwork effortless. They were able to easily achieve the top grades while the rest of the class struggled. As finals week rolled around, these students often found themselves inundated with requests for study help. Some would come from friends, but many came from complete strangers who would suddenly try to buddy up with the smart kids in an effort to curry their favor.

Typically, the smart students would react to these requests in one of two ways:

  1. The requests that came from friends — people the students socialized with outside of class — were met with assurances of help.
  2. The requests that came from strangers were often dismissed.

Why the disparity?

No one likes being taken advantage of. While it may have been just as easy to offer study help to members of either group, the smart students didn’t like people suddenly trying to be their friend, only to be ‘dumped’ once the other person passed an exam. It wasn’t that they didn’t want to help. They just preferred to help genuine friends they could trust to actually care about them.

How this relates to networking

People often look for shortcuts to take with networking. They don’t want to go through the trouble of building a relationship with a new connection; they just want to know if the person is going to be interested in doing business together or not and then leave it at that.

The problem with this method is the same problem that many struggling students found when they tried to suddenly befriend the smart kids at the end of the year: No one likes to feel that they’re being taken advantage of.

When you’re on the other side of the relationship, you don’t want to have someone approach you and just immediately start trying to sell you. You’re more interested in doing business with someone you’ve already built a relationship with and you trust to be concerned with your business as well as theirs. If a connection that you’ve gotten to know over the course of several years reaches out and offers you a trial of their new software and invites you to sign up for a newsletter, you’re far more inclined to accept that offer than you would if the same invitation came from someone you just met.

Making this principle work for you

Networking takes effort. There’s no getting around that. Forming these valuable connections, however, has the potential to really grow a business. To help make your networking overtures successful, keep these tips in mind:

  1. Discuss business, but don’t try to sell after just a meeting or two.
  2. Keep detailed records of contacts, such as meeting dates/conferences, birthdays, anniversaries, and similar dates. Send cards on applicable days.
  3. Keep a rotation of connections that you reach out to on a regular basis, such as once every few months to maintain the relationship.
  4. When making a sales pitch, frame it in a way so the other party sees how it might benefit them as well.

Networking can be instrumental in growing a business. However, taking shortcuts and trying to sell to a new contact you’ve just met will probably have the success rate of trying to get the high school valedictorian you’ve never spoken with to study with you the day before finals. Taking the time to build a relationship can make a world of difference. Keep that in mind when you set out to build your network, and you just might be pleasantly surprised at what networking can do for you.

Date: 10th June, 2014 | Under: Marketing, Tips & Tricks | No Comments

Outside the (Paper) Box: Creative, Innovative Uses for Paper

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Chances are, you already know how indispensable paper is to marketing and business. But did you know that paper can — literally — save lives?

Around the world, some very bright, creative people are coming up with some very innovative uses for paper that truly represent “outside the box” thinking. Here are a few of our favorite paper inventions that have the power to change the world for the better.

Origami Microscope

When you hear the word “origami,” your mind probably imagines cranes, paper airplanes, and funny pointed hats. But Stanford University professor Manu Prakash and his team of researchers have taken this folded paper art to a whole new level with the Foldscope.

This ground-breaking invention consists of a flat sheet of paper, an LED, a watch battery, and a few tiny optical units that can be folded together — just like origami — to create a functioning microscope. This portable microscope offers a number of benefits, especially for medical personnel in developing countries. For starters, it’s easy to assemble, as it consists of just a few parts. The foldable design itself is printed directly onto a sheet of paper.

Plus, it’s lightweight. The microscope’s optical devices are about the size of a grain of sand — so it’s easy to move from one spot to another and simple to store or take into the field. The Foldscope is inexpensive, costing from $.50 to $1 to manufacture, yet powerful, with the ability to magnify objects up to 2,000 times and to project images onto almost any flat surface.

Best of all, the Foldscope provides healthcare workers with a cheap, simple, and effective way to diagnose diseases such as malaria, improving the lives of those in developing countries.

Drinkable Books

In many parts of the world, safe, drinkable water isn’t readily available; diseases related to contaminated water lead to more than 3 million deaths each year. Many of these deaths could be prevented if people had access to filters — and knowledge — about water safety issues.

That’s where Water is Life comes in. This non-profit organization partnered with researchers at the University of Virginia and Carnegie Mellon University to create a (paper) book that not only teaches recipients about water hygiene, but also comes with built-in water filters (its pages) that eliminate 99% of the waterborne particles and microbes that cause diseases like E. coli, cholera, and typhoid.

The Drinkable Book performs almost like a coffee filter; when water passes through one of its specially treated paper filters, germs and bacteria are killed by a special coating of silver nitrate nanoparticles that render treated water as safe as tap water in developed nations. The book costs just a few cents to produce and provides enough filtration to last up to four years.

Water-Condensing Billboard

Finally, researchers from Peru’s University of Engineering Technology took a familiar sight — the billboard — and transformed it into a water-producing tool. More than 10 percent of Lima’s 7.5 million residents have little to no access to potable water. But UTEC’s innovative invention gathers moisture from the air during humid summer days and runs it through a series of condensers.

The water is then cleaned through a reverse-osmosis system, and Lima residents can access the clean water through a faucet at the bottom of the sign. This amazing invention provides almost 100 liters of water per day.

As you can see, paper isn’t just for brochures and business cards anymore. It’s — literally — saving the world!

Date: 3rd June, 2014 | Under: Tips & Tricks | No Comments

Do You Truly Know Your Target Market?

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Are you preaching to the wrong choir?

While every business owner or marketing department head certainly has heard that basic rule of advertising — know your target audience — when was the last time you stopped to ask, “How well do I REALLY know my target audience?”

Say, for instance, you run a landscaping business. You know your target audience includes homeowners in your town. But if you take it a few steps further, you may just discover that your true target audience includes homeowners between the ages of 45 and 65 who live within a five-mile radius of the center of town and who have an annual income over $55,000. Sounds pretty specific, right?

The old adage “you can’t please all the people all the time” certainly applies to your marketing efforts. Too many businesses try to be all things to all people, focusing on too broad a demographic. Narrowing your focus can result in a more effective use of your marketing dollars.

If you haven’t taken this particular commandment to heart, it’s likely affecting your marketing for the worse. Here’s how to identify your true target audience.

Playing Detective

Get out your deerstalker. It’s time to play Sherlock Holmes. Identifying your target audience involves a bit of research into demographics. Start by compiling a list of customer characteristics, including age, gender, location, income, education, occupation, ethnicity, martial status, and number of children. Now think about the last few purchases you made. How many of these factors influenced that purchase?

Narrow your focus down to the two most significant factors — we’ll call these your core factors — and then choose up to two “secondary factors” to round out your market. You’ll want to focus your research on these core and secondary factors to really get to know your target audience. Find out where they shop, what’s important to them, which businesses they frequent (both online and off), and what problems they experience that your product or service can solve.

With those answers in place, it’s time to delve deep into your audience and compile the data and information that make them tick. Resources for your research may include:

  1. U.S. Census Bureau
  2. Google Analytics
  3. Facebook Insights (analytics available if your business page has at least 30 “likes”)
  4. Customer review sites (What other businesses are your customers patronizing on Yelp? What appeals to them?)
  5. Your competitors’ sites and reviews
  6. Surveys or interviews with your current and past customers
  7. Hosting small focus groups

Keep in mind that you’re also looking for psychographic information, such as hobbies, interests, lifestyle, attitudes, and beliefs. While demographic information tells you who is most likely to buy your product or service, psychographic data tells you why they’re interested.

When you’re compiling the data, look for common threads that run among your customers. Do they work in similar industries or have similar hobbies? Does your product or service appeal to families with two kids or single professionals? Seeking out similarities makes it easier to target relevant customers.

Develop a Profile

Now that you’ve gathered your research, develop a “typical customer” profile. The goal? To create an in-depth picture of who your customer is. Your profile should contain both demographic information — age, location, marital status, etc. — and psychographic information — values, attitudes, political leanings, hobbies, and the like.

Your profile will help you determine where, exactly, to find your target audience. Do they tend to live in a certain neighborhoods — or certain streets in certain neighborhoods? Do they patronize certain businesses because those places reinforce their values? The better you understand your target customer, the more easily you can tailor your marketing materials to appeal to them.

Remember, your customer profile and your target audience aren’t static. They’ll evolve and change over time, and so should your approach. Determining your target audience isn’t a once-and-done proposition; rather, it’s an ongoing task that grows along with your business.

Date: 2nd June, 2014 | Under: Marketing, Tips & Tricks | No Comments


 

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