Have you downsized your marketing in the past few years?
Many corporations have cut back what once were the centers of innovation for
selling their wares into a person or two holed up in a cubicle. Marketing
departments these days are more like the survivors in some odd reality TV show.
But alas, it may be time to dare to cross over to the board room and begin
thinking creatively once again. What I am seeing from my customers is a need to
get beyond the doldrums of a bad economy and the hope of a fix from an
incompetent government. It is time to find a way to sell products and services
once again. And to get results, you have to get the marketing right.
It was business guru Peter Zucker who said, "Business has
only two basic functions - marketing and innovation. Marketing and innovation
produce results; all the rest are costs.” What he meant was that marketing is
one of two key functions that drive business in your doors. All your other
functions are just overhead expenses. They may be important, but they don’t
produce the cash needed to stay in business. Marketing, when it is working
right, generates leads which make sales that produce revenue. Marketing pays
for itself in spades. But how does that happen? If you are ready to ramp up your marketing efforts, realize that the
thinking of the marketplace has changed over the past several years. What you were doing prior to 2008 might not work. The bad economy has given the marketplace a very hard edge. It seems
that everyone is from Missouri these days: they have a "show me” skepticism
towards purchasing. I was talking with a friend who was trying to make changes
to his business. He had gotten rid of several customer perks that were not
profitable for his company. He had replaced them with new ideas. His customers
were having a hard time letting go of the old ways and adapting to the new.
"When you have all the bugs worked out on your new ideas and it is working with
someone else, give me a call and we can talk,” said one of his longtime
customers. The fallacy to that way of thinking is if no one goes first, your
business will dry up and blow away waiting on someone to take a chance on you.
Part of the function of marketing is to get people over this
skepticism mountain. One method of doing that is to let the customer experience
your products or services for free the first time. Go into any Costco on a
Saturday and you will see this technique at work. If you taste something you
really like, and you are hungry, the likelihood that you will make a purchase
is extremely high. If your product is good, letting someone try it for free for
the first time gets past the argument that they are taking a huge chance on
something they may not like. It opens the door for the sale – which is what
marketing is supposed to do. Think of the products you use on a regular basis.
How many of them were first given to you as a free trial product? The shaving
gel I use, the toothpaste I purchase, the cereal I eat at breakfast – all of
these first came as a free sample. Sample is a key word here. If you do use the
free trial method, make sure you are not giving away the entire product. Keep
them wanting more. Those servers in Costco just give you a bite on a toothpick,
not the entire meal.
If you do not have a product or service that is easily given
away, the next best method to getting a customer over their skepticism is a
demonstration. For instance, if you have a lawn care company, applying your
products in the front yard of a strategically located house in a high-end
neighborhood on a Saturday morning at 10:00 a.m. will get the attention of
other neighbors. Even better, if you can engage those neighbors in
conversation, get them to let you test their soil and give them an analysis of
the weeds growing in their yard, you will make a simple demonstration turn into
a marketing goldmine. The old Fuller Brush Company made a name for themselves
with their door-to-door sales techniques in the 1950s and 60s. Can you imagine
making a cold call from one doorstep to another? This was their marketing plan
– and it worked. One of the marketing tactics they trained their salesmen to
use was a demonstration. My mother used to buy their products because the
Fuller Brush man showed up one day when she was cleaning potatoes. He
demonstrated how easy it was to clean dirt off of a potato skin with their
brushes. A sale was made, and every time he came back, he asked if she needed
new brushes. It was all she ever used.
Do you
have a product or service that can be given away as a free trial? Can you set
up a demonstration of your product or services for your customers? Doing so
could help you get the skeptics over the mountain that keeps them from
purchasing from you.
____________________
Photo by Greg Epperson