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Sunday, July 4, 2010

Top Ten Marketing Ideas

Top Ten Marketing Ideas
Good business decisions begin with choosing the right partner. Your business should enlist the help of a professional marketing firm that is experienced and has a track record in the areas of marketing, advertising and website development. Your business can be successful with creative and cost effective campaigns.

Develop a solid marketing plan. Plan the work then work the plan. Think of a marketing plan as a "road map" to success. Your marketing plan should include measurable goals and the means to accomplish those goals. Include the marketing budget as a part of the marketing plan in order to measure the results of your company's spending. This enables you to determine what works and what does not.

Establish an annual marketing budget. A good rule-of-thumb estimate for your marketing budget is 3% to 5% of annual sales. Retail businesses need to budget 7% to 10% of annual sales for their marketing budgets. Your budget should include a breakdown of all marketing costs including printing and advertising placement.

Take a customer out to lunch. Now is the time to ask a reliable customer out to lunch. Touch base with them to see how your company is solving problems and meeting their needs.

The customer is always right. always. The time to prove this statement is when the customer experiences a problem with your product or service. Make a point to take responsibility and solve any problems that a customer might have immediately. Satisfied customers turn into repeat, long-term customers.

Survey existing customers. How do your customers feel about your products and services? Stay in touch through informal lunches or a professionally coordinated survey campaign. A survey is an excellent method for taking the pulse of your audience.

Develop a professional website for your product or service. If you have a product or service line, create a well-designed company website.

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