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Greetings!                                                                      

 

This month's E-Newsletter will focus on a key factor for marketing success: differentiation. We also wanted to answer a common question from our clients: "What do you do to market your company?!"

 

Specifically, here's what we'll cover: 

  • Nobody cares about your business. Make them care.
  • Marketing a marketing firm

As always, please feel free to email or call if you have any questions, comments, or would just like to chat.  

 

Regards,

 

Ralph Brewer

President

Concept Media, Inc.

Differentiate Your Business

 

Nobody cares about your business. Make them care!

 

There's a common theme with many of our new clients. We'll often hear "I have a great product/service...my team is great...we've spent A LOT of money getting the business to where it is, and we honestly believe we're the best there is. What we don't understand is why more people aren't buying from us! Why isn't our phone ringing off the hook? Why aren't they beating down our door? I just don't get it."

 

Well, it could be for a variety of reasons. Maybe you're delusional and your product isn't as good as you think. Maybe your store is in an awful location. But, if you're like most of our clients...your sales stink for one big reason: nobody cares about your and your business. I know, it sounds awful...but if I'm anything it's honest and to the point.

 

Let's look at the big picture. Today, people are bombarded with advertising and branding from all angles. They turn on the radio, hear an ad...pick up the paper, read an ad...turn on the TV, see more ads...go online, see more ads. Even our clothing is a walking billboard for the companies that make them. So, is it any wonder that your message might get lost in the mix? Is it any wonder that people are just a little more cynical than they were 25 years ago? With that being said there are businesses out there making decent money and getting product out the door? What are they doing differently?

 

First, they're giving people a reason to care about them and their business.  They're doing this by a differentiating their business. They're setting themselves apart from the group and at the same time, most importantly, answering the all-too-important question: "What's in it for me?"

 

Smart marketers don't just drop the price and hope for the best. Smart marketers listen to their clients, find out what key factors influence their buying decision, and find a way to push that button effectively...and repeatedly.

 

In his book "Differentiate or Die", Jack Trout points out three key points for differentiating your business:

 

1. If you ignore your uniqueness and try to be everything for everybody, you quickly undermine what makes you different.

2. If you ignore changes in the market, your difference can become less important.

3. If you stay in the shadow of your larger competitions and never establish your "differentness," you will always be weak.

 

In short, the old-school ways of marketing your company have *some* value still, but the world is rapidly changing. You and your company have to be adept in all areas of marketing: online, print, PR, new-media, etc. The world of marketing is now, more than ever, a confusing one. As a marketing firm, we pride ourselves on knowing many aspects of the industry.

 

Give us a call, and we'd be happy to help you navigate through the muddy waters of marketing!

 

 

Concept Media - Billboard

Marketing a Marketing Firm

 

As a marketing firm, we have to be experts in all areas of our industry. It's a great time to be in the industry, but it can be difficult to keep up with the latest and greatest. We have to know the web, print design, market research, PR, New Media...the list goes on and on. So, what does all this wonderful knowledge mean for our clients?

 

Based on their needs and goals, we may prescribe to one client a direct mail campaign and website, while another may just need a re-branding campaign and a promotional video. When you prescribe a particular strategy, we will often hear "well...then why don't YOU do this for YOUR business?!" Fair enough question...but an easy one to answer.

 

Simply put, we know what works for marketing firms..and what doesn't. Ever see a billboard advertising an ad agency? How about a TV commercial? Ever wonder why? Because our business is *mainly* built on two key strategies:

 

1. Referrals

2. Cold-Calling

 

The vast majority of the marketing firms out there depend mostly on referrals for generating new business, with cold-calling coming in at second. Surprising? Well, it isn't to us. We do get our stats from the industry association we belong to, but our years in business have affirmed the data. 

 

Again, that's what works for Concept Media. It's not what's going to necessarily work for a women's clothing store, a real estate firm, or a construction company. When coming up with a marketing strategy, you ideally do your research, create a gameplan, implement, measure results...change as needed. What you do in your plan depends on your industry, your goals, your budget...YOUR needs. 

 

 


Concept Media, Inc.
9900 Corporate Campus Dr. Ste. 3000 | Louisville, KY 40223

info@conceptmediaonline.com | 502-254-2234 | www.conceptmediaonline.com


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