6 Simple Ways to Determine Which
Marketing Ideas Are Best for Your Business
Did something catch your eye in
a direct mailing this past week? Have you recently gone to a
website and encountered something entirely new that you'd like to
try out? Did a friend of yours try out a new marketing idea and
generate a few thousand dollars of extra business
overnight?
As a small business owner, it's
all too easy to get caught up in the hype of new marketing
techniques that promise quick rewards for little cash. I'll even
admit that we copywriters are trained to overcome your
psychological objections to buying what we're selling so that
you're ready to whip out your wallet right then and
there.
And especially in certain
marketing circles, the marketing materials for a new whizbang idea
are so compelling, you're driven to dump everything you've been
doing in order to start trying the latest, greatest end-all be-all
marketing technique right away. But this can be dangerous to your
bottom line -- or even your entire business.
Whenever you try out a new
marketing idea, it's important to proceed with caution.
Here are 6 quick tips to keep
you on track:
1. "If it ain't broke, don't
fix it."
If you have been sending out a
direct mailing that steadily brings in business at a rate that you
are happy with, don't stop using this technique just to put new
life in your marketing plan.
Instead, test different types
of offers/approaches/what have you using a small portion of your
mailing list (10% is a good start), see what works best and then
test some more using that approach as your control. Make sure that
you apply whatever you learn from these tests to your other
campaigns, and then test some more.
2. Measure your results in
order to determine what works best.
There's no reason to try
something new if you're not able to see what works.
For example, I recently tested
a different approach on a page on my website that is solely
dedicated to generating subscriptions to my Avenues to Marketing
Success Newsletter. To see if the new copy worked, I sent prospects
coming from one online source to the new page and tested the old
version of copy against the new. I then tweaked the version that
worked best until I found a balance that got the best response from
my target audience of small business owners.
3. Marketing isn't just
about the numbers.
Sometimes a marketing campaign
you've already got rolling doesn't work its magic right then and
there. It has a slower, but longer-lasting effect that will
generate long-term sales for you and build trust in your group of
prospects.
This is a concept so near and
dear to my heart that I'm literally writing a book on this, in
fact, and I have found that over time, even campaigns that don't
generate an immediate boost in income have residual effects that
ensure the longevity of your business.
So remember that you're selling
to people who need time to warm up to you and might not respond the
first time you try a new marketing tactic. Give your older
marketing idea a little time to work its magic.
4. If it sounds too good to
be true, it probably is.
I can't count the number of
times I've had clients approach me wanting to use a new marketing
idea because 3 people gave testimonials on a website stating that
they made millions overnight.
I don't doubt the authenticity
of many, many of these testimonials, which often come from
reputable marketers who have built a legitimate business rapidly,
but there is a reason why the vendors selling these sorts of
products use disclaimers stating that the income earned is atypical
and may not work out for you. Their market is not yours, their
circumstances are not yours, and most good things require work to
accomplish, regardless of what is claimed.
But don't let this discourage
you. After all ...
5. It's always OK to try
something new; just make sure not to discontinue the marketing
you've been doing that gets results.
The 10% rule works here as
well. Spend 90% of your time and money on marketing that you know
has worked before and will work again and again, and use the other
10% to try new techniques. This way you won't miss out on a stellar
new idea, but you also won't bankrupt your business if your new
marketing idea fails.
6. Wait 3 days to
decide.
That's all. Just
wait.
Sure, it's tempting to jump
right in the moment you read scrumptiously mouthwatering copy that
shows you how countless business people before you have turned tiny
businesses into multimillion-dollar conglomerates ONLY if you buy
today, but that's the point: The copy is designed to get you to act
now.
Even as a copywriter myself
who's fully aware of the sales techniques involved (and uses them
when it makes sense and is ethical to do so), I know how hard it
can be to resist the temptation to buy the very moment you
encounter it; it happens to me as well, and theoretically I should
know better.
To ensure that you're making an
educated decision, stick a note in your calendar to revisit the
idea after 3 days and see if it still looks as good as it did the
day you first encountered it.
In any case, expanding your
marketing horizons to include new marketing ideas is always helpful
if it allows you to learn more about what your prospects are
looking for. Just proceed with caution, use a little moderation and
you'll see which one of your new marketing ideas works and which
ones don't in short order.
Keywords: marketing idea,
marketing ideas, small business, small business marketing,
marketing
About the Author
Jennifer McCay,
Learn more about marketing idea
Want more small business marketing tips like these? Published by
Jennifer McCay, the free Avenues to Marketing Success
Newsletter helps small business owners like you find more
clients more easily without selling their souls.
|