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Casual Articles - Smarter Marketing in a Slow Economy
Qualities of a Successful Logo
Follow the example of world famous brands. Study the logo designs of Pepsi, Coca Cola, BMW, Honda, IBM, DELL and many other logos that stand in line of successful logos.The qualities of the successful logos are: The logo should be able to establish identity and creditability It should reflect image of the company The successful logo should leave a significant mark It should attract publicity advertiser. Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to Tax Exemption for New Singapore Companies More often than not, when times get tough marketing gets the bullet. In some cases where there has been an incorrect allocation of resources within a company this may be justified. But in most cases it is a mistake. Sometimes a very costly one!For newly incorporated Singapore companies, full tax exemption will be granted on normal chargeable income of a qualifying company up to $100,000, for any of its first three consecutive years of assessment (YA) that fall within YA 2005 to YA 2009.To qualify for the tax exemption for a relevant year under the new scheme, a company must:o be a company incorporated in Singaporeo be a tax resident in Singapore for that yearo have no more than Marketing, when done properly, will attract customers to your business and convert their interest into paid sales - money in the till. When the economy is slow many managers think, "Let's reduce expenses" and look for those expense items that seem to be irrelevant to achieving immediate sales. Marketing activities such as advertising, public relations, lead generation, research and sales incentives may be targeted. However, history has shown that it is the companies who continue with aggressive, yet relevant, marketing during the slow times that are first to emerge when the economic tide turns. The continued marketing efforts maintain a premium position in the mind of their customers. When their customers are ready to buy whom will they think of? The company they have heard from regularly and know about, or the company they dealt with many months ago and haven't heard from since (Are they are still in business? The customer wonders). This isn't to say you shouldn't look for more economical marketing methods to squeeze as much value as possible out of scarce company resources. Quite the opposite! It is during slow economic times that you can often get the best advertising rates, the lowest prices for production, and the most attractive partnership deals. As other companies curtail their spending, suppliers and media owners are desperate to fill capacity. They are more willing than ever to secure regular customers. When you consider your marketing options, seek lower cost (and more efficient) activities such as: Look closely at cost per thousand for alternative media vehicles and carefully choose your target audience. Try to minimise waste. Commit to a longer advertising campaign to lock-in a very low rate, and look for value-added opportunities for editorial, features or promotions that enhance your standing as a preferred advertiser. Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to e Exploitation of Carwash Labor and Illegal Aliens mmediate sales. Marketing activities such as advertising, public relations, lead generation, research and sales incentives may be targeted.Why would the largest carwash chain in the United States hire illegal aliens? Obviously you would think that a publicly traded company would be smarter than that. Yet this company was not, in fact they were not only hiring illegal aliens they were over 90% of their crews and they had been doing this for over five years and right out in the open. Yet, why did it take so long for the authorities to bust them?Well because the patrons wanted a good deal on car was However, history has shown that it is the companies who continue with aggressive, yet relevant, marketing during the slow times that are first to emerge when the economic tide turns. The continued marketing efforts maintain a premium position in the mind of their customers. When their customers are ready to buy whom will they think of? The company they have heard from regularly and know about, or the company they dealt with many months ago and haven't heard from since (Are they are still in business? The customer wonders). This isn't to say you shouldn't look for more economical marketing methods to squeeze as much value as possible out of scarce company resources. Quite the opposite! It is during slow economic times that you can often get the best advertising rates, the lowest prices for production, and the most attractive partnership deals. As other companies curtail their spending, suppliers and media owners are desperate to fill capacity. They are more willing than ever to secure regular customers. When you consider your marketing options, seek lower cost (and more efficient) activities such as: Look closely at cost per thousand for alternative media vehicles and carefully choose your target audience. Try to minimise waste. Commit to a longer advertising campaign to lock-in a very low rate, and look for value-added opportunities for editorial, features or promotions that enhance your standing as a preferred advertiser. Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to Do You Use These Strategies to Manage Your Mood? know about, or the company they dealt with many months ago and haven't heard from since (Are they are still in business? The customer wonders).Stress is our reaction to people or things going on around us. Sometimes these things are positive, i.e. a vacation, a promotion or a special event. Sometimes the things are negative, i.e. a traffic ticket, someone you care about is ill, or projects at work are not meeting deadlines.How do you manage your mood when: There is too much to do and not enough time to do it in? People around you seem to have time to do fun things and you don't? This isn't to say you shouldn't look for more economical marketing methods to squeeze as much value as possible out of scarce company resources. Quite the opposite! It is during slow economic times that you can often get the best advertising rates, the lowest prices for production, and the most attractive partnership deals. As other companies curtail their spending, suppliers and media owners are desperate to fill capacity. They are more willing than ever to secure regular customers. When you consider your marketing options, seek lower cost (and more efficient) activities such as: Look closely at cost per thousand for alternative media vehicles and carefully choose your target audience. Try to minimise waste. Commit to a longer advertising campaign to lock-in a very low rate, and look for value-added opportunities for editorial, features or promotions that enhance your standing as a preferred advertiser. Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to Should You Wholesale Store Returns? a owners are desperate to fill capacity. They are more willing than ever to secure regular customers.Have you considered buying store returns?Every wholesale buyer eventually comes across offers for store return merchandise.Its a difficult decision wether should someone get involved with store returns.While the profit potential is definitely there, there are also adverse factors to consider.To start with we need to have a clear understanding of what store returns are.Most major retailers have a program where they accept returns fr When you consider your marketing options, seek lower cost (and more efficient) activities such as: Look closely at cost per thousand for alternative media vehicles and carefully choose your target audience. Try to minimise waste. Commit to a longer advertising campaign to lock-in a very low rate, and look for value-added opportunities for editorial, features or promotions that enhance your standing as a preferred advertiser. Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to Does A Customer Always Have A Right to Complain? advertiser.The customer is always right. This is a very common saying that you hear from time to time especially if you are in the customer service business. The question is, is this really applicable in all cases? Though it is always expected of service providers and suppliers to maintain a good relationship with every customer, you as a customer should not forget that this right also entails a responsibility.To maintain a good relationship between service providers Fine tune your media 'flights' to ensure you are reaching high worth customers at the most effective times. Cancel the fringe times. Use smaller advertisements, but run them more frequently. Incentivise your sales team to concentrate on new business. Look for cost effective public relations exercises that will keep your product name in front of prospects. Work with partners in a win-win scenario. Join forces with a business selling complementary products and produce an offer to be sent to each others customers. Check with publishers for 'remnant' space, and get on their list for last minute cancellations. Let them know you are interested. Have some standard advertising material prepared to use at short notice. Shop around for production quotes. Look outside your usual suppliers. Consider email marketing to maintain communication with customers. It's low cost and flexible. Do you have a web site? - How can you use it to generate leads more cost effectively? - Can you use it for communication with customers, product releases, newsletters etc? Approach potential partners that you thought were previously unattainable. Their approach may be more flexible now. Target customers of the opposition. Let them know you are still going strong and want their business. Maintain your market presence during the slow times and you will be on top of the 'wave' when the market picks up. The multiplier effect of this situation can be quite astounding, ensuring your company has a real head start in the strengthening economy.
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