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  • Casual Articles - Your Company Anniversary - 7 Keys To Success

    Shareholder Agreements and Buy Sell Agreements - The Business Valuation Formula
    Normally shareholder agreements or buy sell agreements are written by the majority shareholder's very smart and experienced attorney and are totally favorable to the majority shareholder/Corporation. The minority interest shareholders are required to sign these agreements and often do not understand all the implications of what they are signing until it is too late. I will define too late as when they are trying to exit the business and get a liquidity event at a value that is reasonably close to the value of the company multiplied by their percentage ownership in the company.There are several approaches that we see used in determining the Purchase Price for shares of selling shareholders. The most common is Net Book Value. What net book value means is that you take all the assets and subtract all the debts and you get the shareholder equity or net
    stomers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that h

    Got a Great Business Idea? You May Have More Resources than You Think
    Do you have a great idea for a business but don't know where to start? You may be surrounded by help and not know it!Starting your own business has suddenly become the hot thing; perhaps it's the relative insecurity of jobs now as opposed to a decade or two ago, or perhaps it comes from the need to supplement your regular income, or a desire to be your own boss. Maybe it's that the government has finally figured out that 85 percent of newly created jobs come from small businesses, and not giant corporations. For whatever reason, suddenly encouragement to start a business of your own is everywhere.One type of organization that has sprung up in every state in the US in the past ten years is the micro credit lending system. Backed by a combination of government and business funding, the organization, which is patterned after a model originating i
    Your organization has an anniversary every year. The question is, are you using this opportunity to set yourself apart from your competition? Here are seven keys to creating a successful marketing program around your upcoming corporate anniversary.

    Key One: Recognize the Marketing Value of Your Corporate or Brand Anniversary

    Anniversary marketing is not about your past, nor is it “old hat” or out of date. On the contrary, it is one of the most effective marketing initiatives.

    You recognize the companies and organizations that have recharged their marketing programs by focusing on their anniversaries. Companies like Ford (100) and Harley-Davidson (100) and Sports Illustrated (50) and the Principal Financial Group (125).

    Many others have found the value of anniversaries that don’t round off to 25. Companies like Southwest Airlines (33), Yankee Candle (20), Old Navy (10) and Appleton Estate Jamaican Rum (155). In fact, nearly 45% of the companies we researched are celebrating “off year” company or brand anniversaries.

    Recognize that your past is the strongest criterion people have to judge your future. So use your history of success to tell clients and customers about that future and, most importantly, tell them about your place in their future.

    Key Two: Get Started Now

    You may have heard that Harley-Davidson began planning its 100th anniversary celebration the day after its 95th anniversary!

    That tells you that it’s never too soon to get started. Because the most important thing you can do to assure success is to start planning today. Don’t limit the scope of what you can accomplish waiting to put plans in place.

    Also, make sure you develop and promote a “sense of urgency” within your company about your anniversary. That urgency is an important element in a successful anniversary and can carry over into other aspects of your organization.

    Key Three – Know What You Want as a Return On Investment

    At the end of a year of anniversary marketing, you will want to know what you accomplished, what was your Return On Investment (ROI). This is all about measurement.

    Determine the measurements that matter and find out where you are now, at the beginning. Then ask yourself the question: What has to happen over the course of this year for us to declare this effort a success? What changes in attitudes and sales do we want to accomplish with our anniversary? Then when you are done, and if necessary, during the course of the year, measure what you have accomplished and compare this with your measurements from the beginning. That is your ROI.

    It is not enough to say, “We had these events for hundreds of customers and employees, and distributed thousands of brochures. And did you see our ad in the Wall Street Journal?” You must be able to measure your success.

    Key Four – Involve Your Employees

    When PSEG celebrated its 100th, the company asked its employees to vote on their choice for an anniversary logo. Other companies have asked for employee suggestions about how best to celebrate their anniversaries.

    By asking, you are seeking to make your employees full partners in the planning and execution of your company anniversary. This is an unparalleled opportunity to build employee pride and passion and to turn your most treasured asset into true brand advocates.

    Gallup recently reported that if your employees were “fully engaged,” your customers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that ha

    Maintenance: A Change Opponent
    There are many activities that oppose to change initiatives. Maintenance is one you probably wouldn’t reckon to fit the profile, yet it is a very powerful element fighting change propositions. And possible without the intention of doing any harm.Maintenance is the group of activities that are used to gradually upgrade... systems, buildings, cars and just everything else that is durable. Even knowledge can or should be maintained.A business example. There is this information system. It has been designed eight years ago and all consecutive years the system has thoroughly been maintained. New functionality has been added according to extra requirement that were necessary to handle the latest developments. Due to this conscientious maintenance the system could survive years with the continuous launching of new technology. Voices in the same compan
    , Yankee Candle (20), Old Navy (10) and Appleton Estate Jamaican Rum (155). In fact, nearly 45% of the companies we researched are celebrating “off year” company or brand anniversaries.

    Recognize that your past is the strongest criterion people have to judge your future. So use your history of success to tell clients and customers about that future and, most importantly, tell them about your place in their future.

    Key Two: Get Started Now

    You may have heard that Harley-Davidson began planning its 100th anniversary celebration the day after its 95th anniversary!

    That tells you that it’s never too soon to get started. Because the most important thing you can do to assure success is to start planning today. Don’t limit the scope of what you can accomplish waiting to put plans in place.

    Also, make sure you develop and promote a “sense of urgency” within your company about your anniversary. That urgency is an important element in a successful anniversary and can carry over into other aspects of your organization.

    Key Three – Know What You Want as a Return On Investment

    At the end of a year of anniversary marketing, you will want to know what you accomplished, what was your Return On Investment (ROI). This is all about measurement.

    Determine the measurements that matter and find out where you are now, at the beginning. Then ask yourself the question: What has to happen over the course of this year for us to declare this effort a success? What changes in attitudes and sales do we want to accomplish with our anniversary? Then when you are done, and if necessary, during the course of the year, measure what you have accomplished and compare this with your measurements from the beginning. That is your ROI.

    It is not enough to say, “We had these events for hundreds of customers and employees, and distributed thousands of brochures. And did you see our ad in the Wall Street Journal?” You must be able to measure your success.

    Key Four – Involve Your Employees

    When PSEG celebrated its 100th, the company asked its employees to vote on their choice for an anniversary logo. Other companies have asked for employee suggestions about how best to celebrate their anniversaries.

    By asking, you are seeking to make your employees full partners in the planning and execution of your company anniversary. This is an unparalleled opportunity to build employee pride and passion and to turn your most treasured asset into true brand advocates.

    Gallup recently reported that if your employees were “fully engaged,” your customers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that h

    Breaking Through the Hiring Paradox of Creative Ad Industry Jobs
    So you're really creative and looking to break through the clutter and get into advertising. Except everyone else is really creative too. So how do you get a job again?While competition is fierce, so is the demand for great talent. And therin lies the paradox. How can there be supply and demand at the same time?Think of it like restaurants. Everyone wants to eat really great food. Therefore, there are many many restaurants. But only a few get 4 stars, let alone five. The vast majority of restaurants are rated a one or a two. And for the most part, we all eat mediocre food.Which is the same thing in the creative industry. Look at all the movies that have come out recently and hardly any of them are worth watching. Look at how bad commercials are right now. A bad economy forced creative people to leave creative jobs for more stable ones.
    se of urgency” within your company about your anniversary. That urgency is an important element in a successful anniversary and can carry over into other aspects of your organization.

    Key Three – Know What You Want as a Return On Investment

    At the end of a year of anniversary marketing, you will want to know what you accomplished, what was your Return On Investment (ROI). This is all about measurement.

    Determine the measurements that matter and find out where you are now, at the beginning. Then ask yourself the question: What has to happen over the course of this year for us to declare this effort a success? What changes in attitudes and sales do we want to accomplish with our anniversary? Then when you are done, and if necessary, during the course of the year, measure what you have accomplished and compare this with your measurements from the beginning. That is your ROI.

    It is not enough to say, “We had these events for hundreds of customers and employees, and distributed thousands of brochures. And did you see our ad in the Wall Street Journal?” You must be able to measure your success.

    Key Four – Involve Your Employees

    When PSEG celebrated its 100th, the company asked its employees to vote on their choice for an anniversary logo. Other companies have asked for employee suggestions about how best to celebrate their anniversaries.

    By asking, you are seeking to make your employees full partners in the planning and execution of your company anniversary. This is an unparalleled opportunity to build employee pride and passion and to turn your most treasured asset into true brand advocates.

    Gallup recently reported that if your employees were “fully engaged,” your customers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that h

    The Unhappy Client: How To Fight Back And Keep The Business
    Historically, there have been unavoidable situations that test an agency’s client relationships. Today, there are tools that can minimize, or even eliminate these threats.As an example, one situation that plagues all relationships is the unexpected surge in project cost.Its an old story. You send your client an invoice that is 30% higher than the estimate. The client goes nuts. Your response is that the copy was changed thirteen times in two days. And THEN there were the layout changes . . .Nobody is happy. Your client really doesn’t think they made all those changes, and after-all, you’re told, it should have been right the first time.So now you have to recreate all the time records and find all the copy versions. You discover that because things were happening so fast, vital information never made it into the traffic system or
    the beginning. That is your ROI.

    It is not enough to say, “We had these events for hundreds of customers and employees, and distributed thousands of brochures. And did you see our ad in the Wall Street Journal?” You must be able to measure your success.

    Key Four – Involve Your Employees

    When PSEG celebrated its 100th, the company asked its employees to vote on their choice for an anniversary logo. Other companies have asked for employee suggestions about how best to celebrate their anniversaries.

    By asking, you are seeking to make your employees full partners in the planning and execution of your company anniversary. This is an unparalleled opportunity to build employee pride and passion and to turn your most treasured asset into true brand advocates.

    Gallup recently reported that if your employees were “fully engaged,” your customers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that h

    Write Your Way To More Traffic
    Search Engine Spiders love new content. Therefore they visit press release sites, article submission services and blogs frequently. Placing a link to a website will in the signature block of press releases blogs and articles will get the link crawled by search engine spiders quicker then submitting them manually. Thus, drastically increasing search engine rankings, thereby generating more traffic to websites.While, again, no one can guarantee the placement of press releases, articles or blogs, nor can they guarantee whether they will be published or used for an article, however there are things that can be done to improve the odds.Lets Start With Writing Press ReleasesThe biggest obstacle to most press releases is the release itself. First, press release is a news story, you need to create something newsworthy to announce. Secondly,
    stomers would be 70% more loyal, your turnover would drop by 70%, and your profits would jump by 40%. That’s a handsome payoff for creating a true company-employee partnership!

    Key Five – Think Events and Sponsorships

    You can win the hearts and minds of your constituents by using events and sponsorships that deliver your message in exciting and strongly personal ways.

    Events communicate your organization in ways that matter to your audiences. They are key to reaching people and involving them. Events create bonds both emotional and practical and bring an excitement not available with traditional marketing methods.

    Plan events of differing sizes at different locations and spread them throughout the year. Combine your celebration with scheduled existing events such as technical forums, consumer and trade shows. And create events that have general news media interest as well.

    Polaris, a major manufacturer of snowmobiles, watercraft, ATVs, utility vehicles and Victory motorcycles, with annual sales of more than $1.6 billion, took over the state fairgrounds to celebrate their 50th. More than 25,000 riding enthusiasts and music fans showed up to help them celebrate.

    Key Six – Celebrate all year long

    Your anniversary marketing strategy should have a shelf life of at least a year. Don’t spend all your anniversary capital on a single event. Events and initiatives spread throughout the year, or even over 18 months, will keep interest in your company high within your various audiences, both internal and external.

    Take a lead from the pages of Sports Illustrated. Partnering with Toyota, SI created a year long traveling celebration, the Toyota Presents Sports Illustrated’s 50th Anniversary Tour, a football field-size interactive site constructed state by state bringing Sports Illustrated to life for fans across the country.

    Find innovative ways over the year to establish a true dialogue with your clients and customers and suppliers. Learn from them how you can help them grow and prosper, because they are the keys to your own success.

    Red Hat, “The world's most trusted provider of Linux and open source technology,” celebrated its 10th with a worldwide tour in which executives held forums and met one-on-one with customers in cities across the globe. Red Hat reported getting a greater sense of their users, their needs and wants, as well as now having more feeling and passion for their own work.

    Key Seven – Get help to do it right

    Accept that you can’t do it alone and get help.

    A successful celebration combines many elements including planning, measurement, anniversary logo development, corporate history, public relations, event creation and management, website creation or redesign, and more.

    Find someone who can assist you with the planning and strategy, but who also can implement those plans for you. Your anniversary is too important to leave to an overworked marketing department or an understaffed agency.

    And make sure you get objective assistance from someone whose fee isn’t dependent upon how much you spend in certain categories, such as advertising or design or printing.

    In a nutshell

    The most important key to a successful company anniversary celebration is the first: Recognize that your corporate or brand anniversary has marketing value.

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