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Effective Advertising Seminars Newsletter
Issue 10, Volume 7 |
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| October 2007 |
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Welcome to the Effective Advertising Seminars Newsletter!
It was terrific to meet new business friends in Nebraska in September and October. There are a lot of business owners that are asking, "what do I do to keep up with a market that is changing by the hour? Of course, much of this is caused by the explosion of the Internet and the problem of keeping up with all of the marketing exposure that the Internet affords.
We ran into a business with an interesting problem. They have a "brick and click" business (a storefront plus a thriving Internet e-commerce site). This was the first time we had heard that description. The web site had reached a plateau, while the store was booming. We explored some ways to market the web site and not lose a good position on Google.
In the future, we will try to include as many Internet suggestions, information, and marketing ideas in each month's newsletter as possible.
Effective Advertising Seminars
Repositioning Your Competitor's Strength |
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Stop attacking your competition's weaknesses. Their customers did not buy from them because of these weaknesses. They bought from them because of their strengths. If you are going to take the market share from your competition, you need a new Direct Strategy.
Here is how it works:
- Step 1: Determine the strengths of your competitor's position.
- Step 2: Find a weakness in the leaders strength.
- Step 3: Reposition their strength into weakness.
- Step 4: Launch your attack there, on a narrow a front as possible.
- Step 5: Attack major weaknesses.
- Step 6: Make major weaknesses your strengths.
The strategy to attack the competitor's strength may seem to fly in the face of business logic. First keep in mind that you won't take a significant number of clients away from your competitors by always attacking their weaknesses.
Why? Because clients didn't buy from your competitor because of their weaknesses; they bought based on their strengths. Finding their "weakness in their strength" will provide you with your advantage over your competition, but it will also make you very attractive to their clients.
Here are a couple examples of how this has worked:
Example 1:
A real easy way to explain this is to see how Scope used this to take market share away from Listerine. Their strength? Listerine mouthwash kills germs. (Step 1) Scope found the weakness in the strength (Step 2) and repositioned that strength into a weakness (Step 3). Then they attacked on the narrowest front possible (Step 4). Scope attacked Listerine with an advertising campaign: "If you are tired of medicine breath, try Scope". They repositioned Listerine's strength into a weakness. It was a tremendous marketing success. For years competitors tried to take market share from Listerine and failed. Only when Listerine's strength became a weakness did they lose market share.
Example 2:
When F. W Woolworth opened his first store, an established retailer across the street immediately responded to Woolworth's grand opening by hanging a sign on his store, "Doing business in the same spot for 50 years." The next day Woolworth responded with a sign on his new store, "Established a week ago, no old stock." What a great example of repositioning a competitor's strength into a weakness.
If you want to take market share from your competition, learn how to reposition their strength into a weakness. It may take some work but it will be worth it.
Thanks to Al Ries and Jack Trout - Positioning, The Battle for the Mind |
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Today's television stations have little or no time for public service announcements, and the non-profit organizations are hard pressed to keep their names and causes in the public eye. There is only one: Jerry Lewis telethon on Labor Day for Muscular Dystrophy. Many not-for-profit capital campaigns are using some of their donations and grants to purchase advertising to market their cause.
Should a non-profit brand themselves?
Often, I have found that nonprofits feel that if they concentrate funds or effort on branding, they are behaving too much like a for-profit company or are utilizing donor gifts for something that isn't really in support of the organization's mission. Not true. Campaign branding is integral to the success of any capital campaign and should be seen as a must-have rather than an unnecessary luxury. Remember, successful capital campaigns are the primary way nonprofits are able to expand their services they provide to the community.
An important thing to remember, especially if you come from a for-profit marketing background, is knowing your audience is imperative to creating a campaign brand. While marketing campaigns for products and companies are driven to appeal to the widest audience possible, non-profit campaigns are not. Rather, a successful major gifts campaign may only need to appeal to 20 people - just make sure you know before you start your branding who these people are and what will touch them most.
The first thing you should not do is decide a week before your campaign launches that you are ready to start branding. Logos may seem easy to create but coming up with a fully articulated brand is something that should happen over time. Its construction should be at least reminiscent of your organizations brand (through use of your colors and font) but should be distinct so donors receiving appeals know this request will be for something very special rather than for an annual appeal.
Next comes the creation of a campaign slogan. "Campaign for XYZ Hospital: The Time is Now!" seems like a catchy slogan but it tells you little about the purpose of the campaign. Instead, find a way to articulate the mission of the campaign and condense that into a few words. Also, remember having a message isn't the same as a having a plan. Your slogan should be specific as to what you want and how you hope to get it.
Once you have a logo and a slogan you feel communications your mission and vision, you are ready to put your campaign brand into action. Use it everywhere. Create stationary with the new logo. Notepads, thank-you notes, envelopes and brochures should all carry the campaign brand. Likewise, meeting agendas and minutes, e-blasts, email signatures, and any other method which which you will communicate with board members and the general public should include this important new image and slogan.
Most importantly, make the image and the language something your staff embraces. For a campaign to be successful, everyone must speak with the same language, talk about the goals and vision in the same way. Taking the time to create a banner under which you all move forward is the first step in drumming up enthusiasm from within; from there, you're ready to take your message to the outside.
Thanks to June Bradham, President of Corporate DevelopMint, a full service fundraising consulting firm. cdm@corporatedevelopmint.com |
Direct Marketing: How to Make it Work |
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Shades of ValPak! I'm sure that the direct mail national organization cringes when they hear their product/service referred to as "junk mail". But when your mailbox is filled to overflowing and you can't even find your personal mail, it certainly seems like a bunch of junk. We almost lost a check when it got caught in the middle of a pizza coupon "newspaper". The envelope with the check fell out as the circular was being tossed into the wastebasket!
Direct mail can reach everyone with a mailbox, which certainly is almost everyone. But direct mail is its own worst enemy; just when you want to send out a mailing; it seems that six of your competitors want to do the same. This is especially true around the holidays.
What direct mail CAN do is target specific demographics and specific geographies. If your target is a 30 year old male, if you just want to reach a three mile radius around your store, or a specific zip code, direct mail can do it. Plus, with that coupon coming back to you, you'll know immediately if it works. Direct mail can offer tangible returns that your mailer is working. That is if you call less than a three per cent return "working".
The national average for a mail campaign is less than a 3% return, so anything better is in your favor.
You almost always have to offer some sort of a price discount or "buy one, get one free", which cuts into profits. It is almost impossible to build brand loyalty or a new customer base with direct mail. Most of your response will come from your regular customers. A former employee of a Bath & Body Works store told us that up to 90% of the returns from a mailer were regular customers, who generally didn't buy anything, but just came in for the freebie.
A direct mail piece will always work better if it is backed up by a radio or TV campaign. That is why Publishers Clearing House floods the airwaves just prior to their mailer hitting your town. This greatly improves the chance that the recipient will look at it and not throw it away. They do better than a 3% return.
The bottom line: direct mail, on a cost-per-impression basis, is close to the bottom of the pile.
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Demographics of American Newspapers |
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We will plant our tongue firmly in our cheek:
- The Wall Street Journal is read by the people who run the world.
- The Washington Post is read by the people who think they run the country.
- The New York Times is read by the people who think they should run the country and who are very good at crosswords.
- USA Today is read by the people who think they ought to run the country, but don't really understand the New York Times. They do, however, like their statistics shown in pie charts.
- The Los Angeles Times is read by the people who wouldn't mind running the country - if they could find the time - and if they didn't have to leave Southern California to do it.
- The Boston Globe is read by the people whose parents used to run the country and did a far superior job, thank you very much.
- The New York Daily News is read by the people who aren't too sure whose running the country and don't really care as long as they can get a seat on the train.
- The New York Post is read by the people who don't care who is running the country as long as they do something really scandalous, preferably while intoxicated.
- The Miami Herald is read by the people who are running another country, but need baseball scores.
- The San Francisco Chronicle is read by the people who aren't really sure there is a country - or that anyone is running it; but if so, they oppose all that they stand for. There are occasional exceptions - if the leaders are handicapped, minority, feminist, atheists, or dwarfs who also happen to be illegal aliens from any other country or galaxy, provided, of course, that they are not republicans.
- The National Enquirer is read by people trapped in line at the grocery store.
- The Oregonian is read by people who have recently caught a fish and need something in which to wrap it.
Thanks to Howard Zeiden with Dan Kennedy and Associates in Baltimore, MD
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In Closing....
Thank you for your support, our newsletter now reaches over 1000 business owners and managers all over the country. Feel free to forward it!
We will be in Augusta in November for our last workshop for 2007. Don't forget, we welcome suggestions and questions that will help your business grow.
TTFN
See you next month!
Larry Kirby, President
Effective Advertising Seminars (and Workshops)
Charleston, SC
843-552-0702
larrykirbyincharleston@yahoo.com
www.effectiveadvertisingseminars.com |
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