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You are here: Home > Business > Marketing > Hiring a Marketing Company? If They Can't or Won't Tell You a Measurable Result... RUN! |
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Casual Articles - Hiring a Marketing Company? If They Can't or Won't Tell You a Measurable Result... RUN!
Are all CEOs and Politicians Borderline Criminals? it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?”Many psychologists and many underachievers have often hypothesized that CEOs, Sports Stars, Famous Generals and CEOs are all very similar to criminals. In fact they all often display very psychopathic tendencies that actual criminals do. Of course much of these traits are shared by all humans but a higher percentage and more often by this group above, which includes criminals too. It is for this reason that that the subject came up in an online think tank when a member stated;“Although it is worth pointing out that it has been shown that many very successful persons and CEOs display psychopathic tendencies (not violent, just single-minded, ruthless in a non-violent way, and having the mindset of 'the ends justify the means', displaying an almost complete lack of empathy), which ma I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer wa Firing and Termination: How to Overcome Your Fear Have any of you hired a marketing firm and are still waiting for the results…maybe even months later? You should be seeing results right away or you've gone to the wrong place.OVERCOMING FEAR OF FIRING “It was obvious that this employee could not relate well to clients. But I could not bring myself to fire him.… and while I wavered, things only got worse for everyone in the department.” Having to fire someone is one of the most difficult actions any manager or executive may have to take. It is an action that many manager’s find endless excuses to avoid, as did the executive quoted above. Yet, in certain cases it is unavoidable. Firing is a managerial art that many otherwise successful supervisor’s neglect to develop.WHEN IS FIRING APPROPRIATE? Most people take pride in and care about their job responsibilities. There are some people, however, whose pride in their job is, unfortunately, unwarranted. Others, exist who don’t think pride enters into it — th Direct marketing produces right away. Branding takes longer...a lot longer. Learn to tell the difference. One of the things I keep telling my business clients is that you don’t do anything that you can’t measure. So, before we ever decide to do any step, marketing, sales, production, we must have a measurable target. Then when we start seeing results, we measure the results, and compare that to our target. If we are below target we tweak, adjust, optimize to get it up where we thought it should be, and, in most cases, we can get there quickly…probably in a week or two. Over time we are still looking for the opportunities to make that number better. Significant improvements usually come along because we are looking at the numbers. I heard an interesting statistic the other day. You are 7 times more likely to achieve your goals if you have
That’s a rather impressive number . . . 7 times more likely if you have a measurable target. Do you have measurable goals, track your results, and act on what you find? I’d like to tell you a story about an experience of mine. Last year I was traveling to the Middle East a lot, the oil companies are some of my clients. Because of the amount of travel, 1-2 weeks a month, I found that I was letting some of my marketing results slip. I was just not around to do it myself any longer. When I’d get back my marketing would be behind, and so were the number of new customers coming through the door. I’d have to work to get the client flow starting again, and suddenly I’d be on my way out of the country with the cycle starting all over again. This resulted in a see-saw of clients and productivity. Something I tell my clients how to avoid, I emphasize that they focus equally on a balance of incoming leads, sales closes, and production completion. But here I was letting things slip myself. I decided that it was time for me to hire a marketing company to do it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?” I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer was Business Operation Mistakes - Sapping the Bottomline nd compare that to our target. If we are below target we tweak, adjust, optimize to get it up where we thought it should be, and, in most cases, we can get there quickly…probably in a week or two. Over time we are still looking for the opportunities to make that number better. Significant improvements usually come along because we are looking at the numbers.Over the years I have reviewed a large number of business operations. Following are a few of the major mistakes businesses make in their business operationsRedundanciesMost businesses, large and small, have too many things they do over and over which sap time away from being more productive. For instance, there are still business people who will write the same email or letter from scratch instead of making a template or form letter that can be easily tweaked instead of being rewritten each time. Same goes with most of the operations and procedures the business has set up. Instead of creating procedures to streamline their operations so it can react quickly to a customer’s needs, they keep reinventing the same process when needed. The result is slow ser I heard an interesting statistic the other day. You are 7 times more likely to achieve your goals if you have
That’s a rather impressive number . . . 7 times more likely if you have a measurable target. Do you have measurable goals, track your results, and act on what you find? I’d like to tell you a story about an experience of mine. Last year I was traveling to the Middle East a lot, the oil companies are some of my clients. Because of the amount of travel, 1-2 weeks a month, I found that I was letting some of my marketing results slip. I was just not around to do it myself any longer. When I’d get back my marketing would be behind, and so were the number of new customers coming through the door. I’d have to work to get the client flow starting again, and suddenly I’d be on my way out of the country with the cycle starting all over again. This resulted in a see-saw of clients and productivity. Something I tell my clients how to avoid, I emphasize that they focus equally on a balance of incoming leads, sales closes, and production completion. But here I was letting things slip myself. I decided that it was time for me to hire a marketing company to do it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?” I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer wa How to Respond to Customer Complaints he results, and continually optimizing. If you are in business, you will eventually offend a customer, or at least fail to meet the customer's expectations. Now that the damage is done, what is the most effective way to deal with the complaint and keep the customer?Step 1. Identify with the customer. Never take a customer complaint lightly. Rather, do your homework and make sure that the customer understands that you genuinely care and that you want to do the right thing. Doing the right thing, however, doesn't always mean giving customers what they want; it means making sure you do your best to get both sides of the story and respond appropriately.One of the best ways to identify with a customer is to ask yourself, "If this had happened to me, how would I feel? What would I think the right thing to do would be?" That’s a rather impressive number . . . 7 times more likely if you have a measurable target. Do you have measurable goals, track your results, and act on what you find? I’d like to tell you a story about an experience of mine. Last year I was traveling to the Middle East a lot, the oil companies are some of my clients. Because of the amount of travel, 1-2 weeks a month, I found that I was letting some of my marketing results slip. I was just not around to do it myself any longer. When I’d get back my marketing would be behind, and so were the number of new customers coming through the door. I’d have to work to get the client flow starting again, and suddenly I’d be on my way out of the country with the cycle starting all over again. This resulted in a see-saw of clients and productivity. Something I tell my clients how to avoid, I emphasize that they focus equally on a balance of incoming leads, sales closes, and production completion. But here I was letting things slip myself. I decided that it was time for me to hire a marketing company to do it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?” I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer wa Surviving The Diva Boss back my marketing would be behind, and so were the number of new customers coming through the door. I’d have to work to get the client flow starting again, and suddenly I’d be on my way out of the country with the cycle starting all over again. This resulted in a see-saw of clients and productivity. Something I tell my clients how to avoid, I emphasize that they focus equally on a balance of incoming leads, sales closes, and production completion. But here I was letting things slip myself.Does your boss make the most exasperating requests? Or perhaps demands for things on the spot? Maybe even reschedules meetings around her manicure appointment during office hours? Does she come into the office every morning sporting a look that makes you wonder if she realises she’s not waltzing down the red carpet at an LA premiere? Welcome to the world of the diva boss.In ‘The Devil Wears Prada’, Anne Hathaway’s got a boss straight out of Hades but being the movie world, it’s all right for her. At least those to-die-for clothes are guaranteed to ease the pain away. However, for those of us in the real world, reality is sadly the opposite. Not only do you have to suffer your boss, but you also have to do it in mass produced high street fashion outfits.Interviews with a few I decided that it was time for me to hire a marketing company to do it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?” I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer wa Knowing What is Good Customer Service Satisfaction it for me when I’m gone so I’d come back to a steady flow of new clients. I turned to a local well known marketing company who works with some of the largest companies around. The first thing I asked them was, “What is your average direct mail campaign response rate?”When was the last time you had encountered an unforgettable buying experience? There are instances when you had bad experiences with e-commerce sites that failed to respond on time with your email query.Or there could been times when a sales associate at your local community computer store did not even know what are the products he is selling. You might have also experienced being placed on hold over the phone for a long time when you called just to ask a mail order company about their toll free line services.These negative buying experiences are always associated to shoddy and low quality customer service. Is it really that hard to find good quality customer service support nowadays?Many companies have always put in their trademarks about putting people first. Howev I don’t do anything without having a target. My own direct mail campaigns typically run in the 5% area. I know that for every 1,000 pieces of direct mail I send out I’ll have around 50-60 calls. So, I wanted to know how well this “expert” company was doing before hiring them. Their answer was, “Oh, every company we work for is different. We can’t measure that kind of thing.” CAN’T MEASURE! That is what I teach my clients to do, and this expert marketing company doesn’t measure!!!! At first I gave them the benefit of the doubt. I asked them to let me talk to 5 of their clients. And I was absolutely amazed. Every last one of their clients had exactly the same answer.
2 YEARS! And at about $15,000 a month. Boy did that marketing company sell them a bill of goods. That is one of the main differences between direct marketing and brand awareness marketing. Direct marketing is a direct contact with the customer with direct and immediate measurable response. Where branding is sort of like saying here I am and some day you’ll recognize I’m standing over here. Branding works for companies like McDonald’s, Coke, Nike, etc. When I want a sandwich and see the arches I tool right in there. I know what I’ll get. However, for most small businesses, you can’t wait 2 years for the results. Branding alone isn’t going to get it. Direct marketing will produce a measurable result next week. I’ll know that I got 0.5% or 5% out of every 1,000 pieces of direct mail or other direct marketing. If it’s below 5% I’ll tweak it and watch the response go up the next time and the next time. I can continually get better and better. Branding can still happen as an afterthought of direct marketing. But I intend to see a result on the first mailing, probably next week. And, yes, over time the response rate will get better and better as I build brand awareness. The difference is that direct ma
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