I lost my watch the other day.
I remember putting it on in
the morning before I left for work. Shortly after arriving at my office, I
glanced at my wrist and it was gone. I retraced my steps – both literally and as
a mental exercise. Did I take it off and lay it down? Did the strap break and
it fell off? Did it get pulled off when I took my coat off? I don’t know what
happened. I just know that I keep looking at my wrist every now and then
expecting it to be there. Even though I know it is gone, I keep looking – out
of reflex I suppose. You see, I have worn a watch for most of my life. Ever
since I was able to tell time, I have had a watch. It has been my constant
companion, and now, poof! it is gone.
I have a good friend who told me he gave up wearing a watch
a couple of years ago. He reasoned that we are surrounded by clocks and a watch
was a needless frivolity. He has a point. My cell phone is my constant
companion. It has a clock. The computer I am using to write this article tells
me the time. When I drive my car or use the microwave, the time is clearly
displayed for me. So why do I keep looking at my left arm expecting it to be
there?
The answer, of course, is that it is a comfortable habit. It
has become so much of a habit that I did not realize how often I looked at my
watch until it was gone. Now the same thing can happen in business when you are
marketing to your clients. The way things always have been might become
comfortable for you. However, times change and the environment in which we are
doing business today is much different than it was just two years ago. Economic
bad times force us to reconsider how we are going about our business. The way
things used to be, there was a boatload of marketing dollars that were floated
in the direction of goodwill marketing. Companies were willing to just keep
their name in front of their marketplace without a lot of expectation of
getting a return on their investment. No longer. Corporate executives are
tracing a link between every penny spent and a real-live-money-spending
customer. If you are in charge of your company’s marketing efforts, you know
exactly what I mean.
So how do you get past staring at your wrist expecting to
tell the time when your watch is gone (or marketing in a way that is different
than you are used to doing it?) First of all, change your marketing language to
first time sales and away from awareness marketing. Secondly, learn to measure
your success.
Let me explain measuring success. There are a number of ways
to put a yardstick to your marketing. For instance, do you keep track of how a
customer finds you? One of the best ways to do this is to measure your web site
usage, search engine activities, referring sites, etc. Your web site ISP should
be able to give you insight into the data on your web site. If you have been
successful in getting page views on a portion of your web site that pertains to
a product or service you provide, consider how you can add a hook and an action
point for sales on that page. This is where the language of your site needs to
change to entice first time sales. A hook is simply an advertising device used
to gain the attention of your client. An action point is telling them what they
need to do to make a purchase. For instance, if you are selling pet supplies
and you have a page on your web site geared towards fish enthusiasts, (since we
are talking about hooks, I thought I would use fish) a hook might be a sale on
new aquariums. You could entice them to buy it now by telling them that they
get an extra 10% off if they order it from your web site. If you were in the
market for an aquarium, this would catch your attention. The action point would
tell them what they need to do to get this deal (click here to order your aquarium
and receive the 10% discount. Offer expires tomorrow!) Hooks and action points
are ways to move your clients past the awareness of your product to sales. This
creates a measurable way to track the link between marketing dollars spent and
sales gained.
I
would encourage you to take a look at your old marketing techniques and
challenge their ability to move a potential client to a sale. If they are not
doing so, you may find that marketing dollars are being spent and sales are not
coming back to you. Just like I keep looking at my empty wrist expecting to
tell time, it may be time to reconsider your methods. In today’s business
environment, there is no room for an ineffective marketing plan.
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Photo by Eric Hood