Last
updated June, 2004
Make
Business A Community Event
Cause-Related Marketing is a business technique in which businesses join with
charities or causes to market an image, product or service. Raising awareness
and funds are the two mutual benefits offered to businesses and non-profits
with cause related marketing programs.
Cause related marketing
(crm) has taken front page on company’s marketing
plans worldwide. A properly directed crm program can positively
set a company apart from the competition.
The coined phrase, “cause-related
marketing” was introduced by American Express in
1983 to describe its plan to raise funds for the restoration
of the Statue of Liberty. American Express made a one-cent
donation to the Statue of Liberty every time someone used
their American Express card. It is reported that the number
of new card holders grew 45% and overall card usage increased
by 28%.
Embracing a cause
or non-profit is good for business. A business’s
commitment to a worthy cause helps build brand loyalty.
Consumers want to do business with companies that stand
for something other than just profits.
This powerful marketing
edge is made successful when a good business and non-profit
match is made. To find the best match, choose a cause that
you (or the majority of your employees) are passionate
about. Make sure the non-profit reflects the same values,
beliefs and integrity as your company. Most of all, be
sure the cause or organization chosen for a cause-related
marketing program is important to your primary market.
It is easy to support a cause when you team up with a positive
charity that you can actually help.
The following is
a list of cause-related marketing benefits:
Increased
sales and visibility
Heightened customer loyalty
A sense of pride with employees
Positive media coverage
Improved company image (halo effect)
There are a number
of opportunities to create a mutually “beneficial” relationship.
From a special event, sales promotions to an awareness
campaign, the opportunities are endless. As your relationship
builds with the charity, promote the organization (have
promotional materials available at your business) and get
more personally involved with the non-profit (for example,
board of directors or volunteers.)
The following are
some key components of a successful cause-related marketing
program:
- Seek
a partner, plan and prepare.
- Negotiate
the partnership. Create goals and be specific on expectations.
- Be
aware of legalities, liabilities and responsibilities.
Make a formal agreement.
- Manage
the program or project.
- Communicate
the partnership and program to the public and target
market(s).
- Monitor,
measure and evaluate the program. Discover ways to improve
the program for the future.
Now is the best
time to create a partnership that builds positive results.
It
Pays to be Cooperative
There are a variety of ways to cut the cost of advertising without cutting
corners.
In fact, one ingenious
way to obtain additional advertising funding without blowing
your advertising budget is to participate in cooperative
(co-op) advertising programs. A co-op advertising program
is a cost sharing arrangement for advertising between a
manufacturer or supplier with a retailer (business). A
business places an ad that is partially paid by the manufacturer
(amount available varies) with the understanding that the
manufacturer’s product is displayed in the ad.
According to the
Yellow Pages Publishers Association (YPPA), approximately
$30 billion dollars are available in co-operative advertising
for small businesses annually; unfortunately, a large amount
of the co-op money reserved, goes unused.
To utilize a co-op
advertising program, begin by asking your suppliers about
their co-op advertising program(s). If they do not have
a program set up, consider making a pitch to the supplier
for advertising. If you feature their product in the ad,
they may agree to cover the cost of an ad. Above all, check
in advance to see if a co-op program is available and get
all the details on how to receive reimbursement for a portion
of the advertisement cost.
The following are
a few additional helpful hints to guide you through a co
op advertising opportunity:
Many manufacturers
offer co-op funds that accrues based on the amount of supplies
purchased from each business, retail outlet or distributor.
Other manufacturers or suppliers may have funds available
for each distributor or business for co-op advertising;
the options vary.
Keep precise records
of how much you have purchased from each supplier.
Get prior approval
from each vendor before placing advertisements.
Many manufacturers
may have unique advertisement rules or may have their own
camera-ready layout – check with the manufacturers.
If it is necessary to produce an ad, have a graphic professional
create the ad to ensure quality control, adherence to graphic
standards and product prominence in the ad.
Ask and expect
the manufacturers to provide a co-op advertising program.
You are helping sell their product(s). Are there other
manufacturers who have great products and provide a better
co-op advertising program?
If you want to
use co-op dollars for unusual projects such as a video
or catalog, check with the manufacturer prior to creating
a promotional/advertising piece to make sure co-op funds
can be used on a specific projects.
Do not forget to
request the co-op funds with the proper paperwork following
the ad run. Tear sheets (or video/cassette copies) are
many times needed with the proper paperwork. Make sure
everything is well documented.
Evaluate every
co-op advertisement. What was your company’s out
of pocket expense for the ad? What was the ROI for your
business? Before doing a different co-op ad make sure it
is effective for your business’s budget.
Customer Service Basic
Training
Customers
Pay Your Salary
On average...Satisfied customers tell 5 people about good service they receive.
On the other hand, dissatisfied customers tell 10 people about bad service.
Hal Mather,
The Performance Advantage
For every unsatisfied
customer who complains, there are 26 other unhappy customers
who say nothing; of those 26, 24 will not come back.
U.S. Office of Consumer Affairs
Remember
that who you're being is just as important as what you
are doing. Focus on the decent service skills and techniques,
but if your attitude is out of whack, the behaviors will
be close to meaningless.
Barabara “BJ” Hateley
Customers are the
life blood for every business. Getting customers, satisfying
customers and keeping customers are essential to making
a business successful. The cost of attracting each new
customers with marketing and sales efforts can add up and
take time depending on the marketing strategies utilized.
Once a business gains a new customer, the art of retaining
customers begin with customer service, superb products
and high levels of communication.
The
following are a few customer service basics:
- Remember that
customers have choices as to who they do business with.
Be grateful they purchase products or services from your
organization. Thank customers for each and every order
and give them a reason to choose you again.
- Do not push
for a sale if the customer is not ready to buy. Help
your customer make the right purchase in accordance with
their needs and timetables.
- Give Clients
choices! Provide options such as payment preferences,
ordering and service options, special shipping options,
special billing cycle schedule and so on. Customers appreciate
options.
- Under promise
and over deliver.
- Give customers
what they want, not what you think they ought to have.
- Always know
your customer's goals and help them achieve those goals.
- Call customers
to confirm (remind them of) appointments or reservations
and to give them directions. This exrta touch will be
greatly appreciated and can cut down on your “no
show” appointments.
- Do whatever
you can to make the final bill LESS than your estimate
... even if it is just by a few dollars. The customer
will be happy, and you increase the chances that they
will do business with you again. It is a win-win situation.
- Follow up with
customers who have special needs, or deadlines to meet
that include your company's products or services. Knowing
that you are on top of things will increase their confidence
in your organization. Plus,it makes their job easier.
- It is important
to follow up with customers who have had problems or
complaints (even if the issue was addressed and you are
sure the situation has been resolved). Contact them in
1-2 weeks to make sure that everything is working well
for them and all is OKAY.
- FIND
WHAT IS WORKING...
Consider all your clients and identify one or two that
you have the strongest working relationship with. Review
and analyze those relationships and write down the
top behaviors or actions that build the successful
relationships. Make it a goal to replicate those behaviors
with all other customers.