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updated March April 22, 2008 |
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Remember your parents' or grandparents' response when you begged for that one “perfect” baseball bat, pair of hip shoes or cool sweater that you HAD to have? You asserted, “I HAVE to have that!” They responded with, “You don’t have to have it, you want it.” Does that conversation seem familiar? What a lesson in persuasive marketing! We can all think of a time when marketing created an urgency of need rather than want by tapping into our emotions. Effective marketing is ultimately, persuasive marketing. Marketers want to gain your trust, provide you with important information and evoke emotion that motivates you to purchase. The following is the foundation of a marketing program that persuades potential customers to purchase your products or services:
This article will be continued in the next edition of the marketing minute, same marketing time, same public relations channel. Stay STRONG in
a Weak Market
News of economic stress has flowed throughout the media yet dare we say the “R” word? Well, it is well known that the business world is carefully watching economics and key trends worldwide. Marketers take note…don’t turn a blind eye…now is the time to stay STRONG! One person cannot change the economic conditions of the entire world, state, or even a city. But one person can control his or her response to negative economic trends. What can be perceived by many as a time to cut back, an economic downturn can be the perfect time to make a big impact. Marketing can make a fantastic impact during uncertain times…the key is to keep marketing strong. Contrary to instinct perhaps to “cut” programs, this is the best time to move forward with well planned and purposeful marketing strategies. It is essential to be smart with your marketing dollars and use them to make an impact. Keep your marketing (and sales) strong for the long haul during unsure times with the following tips:
Will your marketing be STRONG? Are you ready to succeed?
Fears of global warming, increased pollution tainting the earth’s resources and a growing number of environmental issues are capturing the attention of the world. Mintel, a market research company reported that approximately 12% of the U.S. population can be identified as “True Greens,” or consumers who search for and consistently purchase green products. An additional 68% of the population could be considered “Light Greens,” consumers who buy green product some of the time. Mintel’s study results reveal environmentally-conscious consumers. There may be opportunities for marketers to create touch points with their potential customers and ultimately increase their bottom line by utilizing green marketing, if planned correctly. Green marketing is a hot trend that is expected to grow as awareness of and concern for environmental issues escalate. Unfortunately there are a number of issues marketers must be aware of prior to embarking on a full-throttle green marketing campaign. Just as with all endeavors, a bit of research will help marketers decide if, how, or even when a green marketing strategy is right for their company. According to the American Marketing Association, green marketing, also known as ecological marketing or environmental marketing, is the marketing of products that are presumed to be environmentally safe, or that improve, or at least minimize negative effects on the physical environment. This type of marketing could impact the way in which a product is packaged, processed, modified or advertised. Determining an exact definition of green marketing is not a simple task; currently there are varying social, environmental and retail definitions attached to this term. Companies must avoid “greenwashing,” a marketing technique in which a company claims environmental responsibility, yet has little actually accomplished. Organizations that claim to be green without truly implementing their commitment to the environment will be mistrusted. This lack of agreement amongst marketers, regulators, environmental activists and others regarding regulations and interpretations of the current Federal Trade Commission (FTC) rulings on the marketing green products is of great concern. In fact, the FTC recently issued warnings to companies taking liberty with environmental-friendly claims in advertising without making a positive environmental impact. To add to the uncertainty, green consumers are becoming more confused about what actually qualifies a company or product to be considered environmentally friendly. Public skepticism about companies claiming to be environmentally friendly, and especially skepticism within the niche target market consisting of consumers most interested in environmental issues, must be addressed. A perfect storm is brewing for marketers to create a marketing fiasco for their companies if they do not do their homework. The merging of increased public expectations for companies to be green, and a lack of agreement regarding green marketing standards by consumers, corporations and marketing professionals make it imperative for more businesses to learn about and understand green marketing. The first step may be in expressing an interest and providing links for consumers to learn more. An honest and well-planned effort with input from consumers may provide an even stronger environmental marketing program that benefits the earth and the bottom line. Market
Your Message
“Information overload” sounds all too familiar in our society. In fact, Basex, a business research firm, has projected that information overload will be the “problem of the year” in 2008. Basex studies office workers and professionals and specifically how their work is accomplished with technology, and has concluded that this particular problem will compromise American productivity up to $650 billion in unnecessary interruptions. From multiple forms of communications being used simultaneously, to different views on one topic getting sent instantaneously to a single consumer, the information bombardment competes to grab the attention of your target market too. In fact, sitting at a computer for even an hour can be overwhelming with a number of messages being transmitted in a matter of minutes. According to an article from the New York Times Technology page entitled, “Bits,”* the lost productivity is due to workers grappling with the growing tide of e-mail, instant messages, cell phone calls, wikis, blogs and the like.” As humans we see the stress in this overload, yet as marketers we must be aware of the competition. Marketing experts know the fierce rivalry to get the market’s attention. Standing out amongst the clutter of messages is getting more challenging than ever. It is imperative
for marketers to be selective in creating their marketing messages.
Create a message that gets attention and stands out from the information
clutter. Sounds simple, but how?
Standing out from this information overload to net your target market’s attention is the first step. Getting and keeping their business is next. *Steve Lohr. (December 20, 2007). Is Information Overload a $650 Billion Drag on the Economy?
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2008
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