Think Business is Slow from the Economy?
Posted in All Ask the Owner Blogs on April 29th, 2010 by Joy Gendusa – Be the first to comment
“The sales of companies who had kept advertising during (a) recession had risen 256% over those who had not.”
— McGraw-Hill Research
In tough times, it’s easy to put marketing on the back burner and then wonder why new customers aren’t coming or calling in. From personal experience and numerous accounts from our clients and other business owners I’ve spoken with, one thing is for sure: the more you market, the more your profits will remain steady and eventually go up.
I went to a conference in Nashville a couple of weeks ago and talked with a very successful business person in the same industry as me and was shocked to learn that his income was cut in half from $20 million to $10 million this year. Of course, I asked him what he does for marketing and he said, “Not too much, just have a website.” Unfortunately, I see this frequently.
Many business owners don’t know the positive effects of continually and consistently marketing – they only see money going out. Of course, it’s imperative that you market to the RIGHT people. You must know who your target market is. Do you know your target market? If not, you need to find out or your marketing is just about as effective as dropping a stack of postcards in the street and seeing who buys from you.
The great advertising mogul Morris Hite once said, “There is more money wasted in advertising by under spending than by overspending. Years ago someone said that under spending in advertising is like buying a ticket halfway to Europe. You’ve spent your money but you never get there.”
I challenge you to put this concept to the test in your business, “the more you market, the more business you’ll get.” It’s not too late to strengthen your profits this year. Whether you market with postcards, email marketing or even pay-per-click ads on Google or Yahoo, know that marketing does bring results when done consistently.
Learn how to increase new leads with an affordable marketing program based on what we know is currently working in your industry, call one of our marketing consultants for more details at 1-866-889-0322.
Email me anytime at joy.gendusa@postcardmania.com.
Best,
Joy



Your customer service largely determines whether or not new customers will buy again. This applies to any industry, whether you are a doctor, accountant or insurance agent — the background folks at your office can cause you to lose clients or can keep clients them coming back. Are you aware of the experience your clients are having? Tracking this can be as simple as sending a survey to every customer asking them about the service they received from your staff.
For example, if you’re a dentist, you may think you are just like all of the other dentists and there is nothing that sets you apart…take a look at this children’s dentist who dominated his market by using imaginative and extraordinary marketing.