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Advertise or Marketing,
Which is Right for You? Part 2
Probably both in
some combination. But as we discussed in part one, while
marketing is absolutely essential to having a successful
business, advertising is not. Advertising can increase business
and bring new business in the door at a higher rate than without
it. That of course takes into consideration that the advertising
is done correctly.
Use advertising like
a laser. Target it! Make sure it reaches its goal. Use it
somewhat sparingly and wisely. But make a continued effort at
marketing. Do something everyday with every customer/client to
promote their business and loyalty and you’ll find that you will
have far fewer short falls. Things will start to even out as
more and more people begin to get a feeling that you are the
right one to do business with. Think about your biggest assets
in your business and whether each of those assets would be
better promoted by the short term advertising or the longer term
marketing.
I am aware that many
businesses advertise constantly. We even handled some of these
fine folks in our agency days. But take a moment and notice who
is doing all that advertising. It’s generally the people that
have positioned themselves as the big discounter or the big
turnover stores. They do high volume and small margins. They
have to stay in front of the people everyday or they lose their
market share. If you sell televisions based on low price, then
you need to be in front of the customer on the very day his
television quits. Because that’s when he is going to buy a new
television. If you have a big turn over business, then a
consistent advertising approach is right for you. If not, you
need some kind of combination of advertising and marketing.
WHY SHOULD I DO EITHER?
Let me give you the short list.
1. 20% of the American public moves every year. Good
customers are leaving you, and new arrivals don’t know who you
are yet.
2. Do you think you are well known in
your community? Think about this. According to the US Census
Bureau 587,000 people turned 21 today. Another 587,000 will
tomorrow and everyday. These young adults have just reached the
age of maturity. They are on their own for the first time in
their lives, doing their own buying and making their own
decisions. They don’t know who you are or why they should buy
from you.
3. There’s a guy down the street doing
all he can to steal the customers you do have. Competition.
4. Your good customers tried the other
guy down the street on a lark, and they liked him. They could
become permanent customers of his if you don’t remind them of
why you are deserving of their continued business.
5. Someone in your organization, maybe
even you, did something to offend a customer. The customer
didn’t say a word to you, but they are not coming back either.
You need to give them reason to forgive and forget. It happens
everyday.
Marketing is not
what you think it is. It is not selling. It is making people
aware of a product or service in such a way that shows them the
benefits of the product’s use. Selling is listing the features
of the item or service. Marketing is showing the benefits to the
end user. That is true of almost any product, service or
business. Your business is marketing.
Still confused? OK,
here’s an example of the difference. You tell me which method
you think would move the product faster.
Selling a car (Features)
It is bright red. It gets 25 miles to the
gallon. It has leather seats. It has a 2.6 liter engine. It
has a crash rating of 5. It has a large trunk. It has radial
tires. It costs $26,000.
Sound familiar? Most car dealer television
ads look and sound like this, don’t they.
Making you want the car (Marketing)
An attractive young couple driving down a
country lane in their new shiny red car, looking lovingly at
each other, while she runs her hands over the soft supple
leather seats, and he hits the accelerator passing the dorky
guy on the scooter.
Most car manufacturers do this. Can you
figure out why? Duh!
When you market
rather than sell, you simply tell people what is going to happen
when they use your product or service. You don’t spend time
selling them on the features.
Telling people what
the benefits are is important. People buy when they believe that
they are going to get what they want from any given situation or
product. So if that is important, what is not important?
Here’s a list of things that do not matter to
your business:
"My product is better." What does that
have to do with anything? A Mercedes is a better car than a
Fiesta, but Ford still sells tons of Fiestas.
"My product is cheaper." And a Ford
Fiesta is multi-thousands cheaper than a Mercedes, but they
still sell thousands of Mercedes.
"My product was developed by a genius."
Well, if he’s so smart, what does he need you for? He should
be able to sell his product all by himself.
"My wife likes another product better."
I’m sure she does. How many units is your wife (husband)
going to sell for you? If the answer is "Not enough to keep
me in business," then you need to discount that excuse too.
I could go on, and
on and on. You already know the reasons and the excuses. There
is a very simple reason that a zillion products and services
exist in the marketplace today. It is because people have
different tastes and preferences.
Do something to
attract attention to your effort. If it is an ad, then put
something in that ad to stop the reader dead in their eye
scanning track. If you don’t you’ll never get the response you
want from the ad. The headline should not be:
"Dr. Smith announces the opening of his
practice at....."
instead it should be
"Fast Effective Weight Loss Now Available in
Brookville."
And I don’t want to
hear that advertising is misleading. Of course it is, all
advertising is inherently misleading. That does not mean that
all advertisers are deliberately deceptive, or else how can you
claim to do anything better than anyone else and not be somewhat
deceptive? But if you don’t make such a claim, who the heck
wants to come to you to begin with. Certainly not you... or I.
We want only the best for ourselves. Just ask us!
Of course we say
that, ‘we want the best’- but we seldom live up to it, now do
we? Did you hire the very best baby-sitter you could find to
watch your kids? Do you own the very best house you can own? Do
you drive the very best car? Do you wear the very best clothes?
Is your yard the very best yard in your city? No, we say we want
the best, but we seldom insist on it. Same with the rest of the
buying public. So, stop saying that you are the best. You are
not! But you can be a very good product or service and an
excellent value.
Next, you have to
appeal to the readers or listener or viewers interest. That can
and should be part of the headline or opening statement, but
more so, it should be followed by something that will keep their
attention for yet another few seconds. One of my favorites was
an ad that read:
This lawn mower makes cutting the grass so
fast and easy, I bought it for my wife.
You can bet this got
the attention of every male out there. The ad went on to explain
a little later that his wife owned a professional lawn service,
and then explained how good this mower is to someone that has to
mow 20 yards a day. The opener did it’s job. It got people to
read the ad. See it doesn’t take brilliance, it takes a little
moxsy and a touch of reality. All men would secretly love to get
out of mowing the grass and we all know it!
Don’t Do What You Normally Do
Face a simple truth!
What you normally do - never got your non-customers to
begin with. It really couldn’t be more simple. If they
are not your customer now and you continue to do what you’ve
been doing all along, they won’t be your customer later either.
Continue to do what you have been doing and you’ll continue to
get the result you’ve been getting! Could not be more clear!
REMEMBER
In a normal
business it takes a combination of both effective advertising
and solid marketing to keep yourself in the forefront of the
customers mind. Target your advertising and be consistent in
your marketing. Be continually aware of opportunities to do both
and you’ll find that business will start approaching the
hallmark you think it should. |