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6 Simple Ways to Determine Which Marketing Ideas Are Best for Your
Business
Jennifer McCay
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.
About the Author
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. Sign up today at http://AvenueEast.com!
Jennifer McCay may be contacted at
http://www.avenueeast.com.
Click here to view more articles by Jennifer McCay.
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