Thursday, August 30, 2007

Some things beat a hefty paycheck

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NEW YORK (CNNMoney.com) -- Big paychecks and bonuses aren't everything.

Some employees would prefer a better quality of life than a higher salary, suggests a survey released Monday.

Sixty-two percent of small-business employees think that salaries are better at large companies, according to Salary.com's Working for a Small Business Survey.

But they like working at small companies anyway for reasons that include work/life balance, commute times, loyalty, bosses, and relationships with co-workers.

Forty-six percent of those surveyed said the work/life balance was one of the reasons they stayed at a small firm, while 38 percent also cited having an easier commute, 35 percent credited loyalty, 31 percent like their boss and 30 percent mentioned relationships with co-workers.

"Different organizations have different things to offer, and money isn't everything - but it's not nothing," said Bill Coleman, senior vice president and chief compensation officer at Salary.com.

When it comes to base salary, he added, "smaller organizations sometimes have a harder time competing with bigger companies, but they do have other things going for them. They have culture, environment and flexibility."

Also, the perception that big companies offer better salaries may not always be true. Of those surveyed who had worked for a large company, 75 percent said that at a bigger firm, the benefits were better, and 45 percent said the opportunities to move up were greater. Just 38 percent of those respondents said pay was actually better at a large company.

Salary.com surveyed 474 employees from small and large companies.


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Sunday, July 8, 2007

What Makes Prospects Buy?

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We've talked about headlines, subheads and photo captions, the critical attention getting and interest building components of advertising supported by good, effective copy. The fourteen tips that go into writing effective copy.

Now let's switch gears and talk about what I believe is the single most important device that gets your customers or prospects to buy... the call to action!

The call-to-action in the form of a response device. In person-to-person professional selling one of the most common failings in sales people is the fear of closing the sale. Or in other words, the reluctance to ask for the order.

Master sales trainer Zig Zigler says that asking for the order is what separates the poorly paid professional visitor from the kingly compensated professional sales person.

Just as closing the sale is a vital skill in face-to-face marketing asking for the desired action clearly is a vital skill in advertising. Incidentally experience in effectively closing sales in person is a valuable asset in creating effective advertising. The same techniques, words, phrases and ideas used in personal selling can be used in print selling.

A strong direct call-to-action in direct mail is vital. Tell the reader exactly what you want them to do, how to do it and when to do it. If response to your offer is any way complicated you may want to number the instructions, one, two, and three.

The call-to-action may appear in several places in the typical direct marketing package, such as the letter, the main brochure and most importantly in the response device. A response device is the coupon to be redeemed, the order form, or the reply card. Whatever your response device is it should restate the basic offer and bonus and present the call-to-action. You can learn to use these techniques to develop effective direct mail marketing materials for your businesses, products and services.

Dan Kennedy, http://www.dankennedy.com/


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Tuesday, July 3, 2007

Is Nature a Marketing Guru?


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Technology rules. Yeah, for about five minutes--then natural instincts take over. Are you stupid enough to fight Mamma Nature? Well go ahead and rewrite the rules if you can, cause the Big Mamma knows one thing. She’s tried and tested it all. And if you want to play by her kooky rules, she is willing to teach you a thing or two.

The question is, are you willing to learn?

Do You Pay in Advance?
Have you noticed how big a brand Red Bull is today? Or how insignificant their advertising is? Red Bull shuns print advertising and has never done a triple back flip on a web campaign. Yet, it has found roots in over 50 countries. And has cemented its loyalty in the fickle land of teenagers.

So what’s Red Bull’s big secret?

It’s called GIVING.

Their marketing strategy was simple. They enticed students with free cases of Red Bull, if they threw a party. Guess how many students need an excuse to have a party? With a simple act of giving away free cases to the right target audience in the right universities, Red Bull became a very rich Red Bull.

Yet Where Are Most Marketing Plans Aimed?
Too often marketing is aimed solely at GETTING. Look at all those marketing plans, those many advertisements blaring away on the radio and TV. It’s get, get -- all the time!

Yet, nature pooh poohs the stuff. Putting a carrot (not cart) before the horse, nature works on the giving part first. In its own little marketing and advertising way, a flower works contrary to most marketers. Using the bait of colour and nectar, it draws the bees, knowing full well that its very existence depends on giving bees what they want first, so the bees will carry their pollen.

Wander down the supermarket aisle and you’ll see what I mean. Fifty thousand brands stare at you, screaming at you to buy them. Then a little ol’ lady offers you a sample of a product. Fifteen seconds into your tasting session, she gives you another sample. Then, for no apparent reason, a bottle or two of the product finds itself in your cart. Were you sold? You betcha!

Giving works for a simple reason. Nature hates imbalance. If the deer get faster, so do the cheetahs. It’s a classic system to keep things in balance. Which effectively means that to create an imbalance in marketing in your favor, you’ve got to give first.

Are You Ready To Do the 1-2-3 and Cha-Cha-Cha?
Do you play the dating game? Or do you rush in to conquer most of the time? Mamma Nature knows that haste makes waste. Yet marketers think nothing of blowing squillions of dollars on various hare-brained, get-rich-quick schemes that achieve far less than their potential.

Here's an example. Harley Davidson has been to hog hell and back. Just in time to save its bacon, it decided to work on the cha-cha-cha instead of the wham, bam method. The reward has manifested itself in thousands of die-hard Harley fans that would go all the way on their Harleys. Even today, despite being in an enviable position, Harley still finds time to wine and dine its customers while thumbing its nose at traditional media.

Another good example of cha-cha-cha marketing is how the British operated in the 19th century. Instead of slamming their way into conquering new lands, they went as traders. Whether history likes it or not, they maximized their potential in a systematic and natural marketing manner.

What Happens When Nature Goofs Up
Even nature loses out when it fails to obey its own rules. As long as it sticks to its spring, summer, autumn, winter routine, we go along with the "relationship." Yet every time it does the 60-second prime time TV spot on us, we absolutely hate it. Oh sure, there’s great colour, drama and pizzazz in a whirling tornado, but there’s zero empathy and a whole lot of defiance.

Turn on the music, move those feet. This isn’t some behemoth CRM program we’re talking about. Diamonds are a girl’s best friend, but flowers arouse less suspicion. Do the cha-cha-cha and the getting to know your customer. It’s cheaper, it follows steps, and it works.

Is Your Target Audience "Everyone?"
Nature would laugh at you and laugh heartily. Are you setting yourself up for disaster or what? Even a pimple-ridden 13 year old knows exactly who her knight in shining armor is. While the concept of being in the company of 20 gorgeous men would set her eyes alight, her brain knows better.

Yet most businesses horrify the heck out of Nature. In an apparent suicidal move, they go after a general audience in order to maximize their returns. Some of the biggest brands today are built on single-minded focus. Mercedes, Volvo, Rolex, McDonalds, Red Bull and Playboy all have a clearly defined target audience.

If you doubt it, take a look at a wild dog attack on a National Geographic broadcast. Have you noticed the focus and strategy of their attack? They single out the prey and go after it in a pre-defined relay system. It gets results, and isn’t that what you want?

Gotta Keep on Dancing
When was the last time your heart stopped beating? And isn’t that good, because if it did, you’d be taking harp lessons in a big hurry. Nature doesn’t stop its marketing campaign and neither should you. The first thing businesses do when the economy takes a downturn is pull the plug on marketing. Fat good that’s going to do you! That’s like telling your heart to work at half the heart beats when things aren’t good.

The planet doesn’t stop rotating, the trees don’t stop growing and the fish don’t stop swimming. Yet in an absolute violation of the most basic law of nature, we stop and start like some trainee driver.

There Ain’t No One Like Me!
Nature doesn’t brand-extend. It creates something and then it throws away the mould. When it creates a product, it makes sure that product thrives, grows and multiplies. It adds colour, shape and size for a bountiful variety, but brand extension is a no-no.

Yet look at some of the biggies out there. They put out their brands and then put their names on everything from computers to soap. Dove still stands for soap with 1/4th moisturising cream. Yet, in the supermarket, Dove tries to take on the full force of nature by brand-extending.

Does it work? Yes and no. People have too much clutter in their heads already. To add to that clutter is asking for trouble. Our brains identify with one object when we are given a name.

From Nokia to Chimpanzee
When I say Nokia, you say mobile phone. Yet Nokia sold everything from gumboots to computers -- even TV sets. Then one day it dawned on them that they could conquer the world with a brand name that stood for one thing and one thing alone.

Sure a chimpanzee and a baboon are both monkeys, but they’re essentially different products. You won’t find a chimpanzee light or a chimpanzee diet in the species. They’re either chimps or they’re baboons! Besides, their unique brand name allows you to identify them with zero confusion every time! Uniqueness is your brand’s birthright. Use it well.

Here are some "Au Naturel" guidelines to business and marketing strategy:

1) Pay in Advance: First you shall sow, and then you shall reap. And you must sow in fertile ground not on rocky soil. Give, and you shall receive. Does this all sound familiar? Are you giving away anything worthwhile on your website, through your advertising, in your brochures?

2) Do the dance one step at a time: You’ll just make a fool of yourself if you don’t build up your reputation with your customers. Give them the best you possibly can. When nature puts on a beautiful butterfly, it starts with a worm.

3) Put on the glasses: Get focus in your life because Nature will make sure you pay big time if you don’t. Sure you can get business, but think of what’s possible if you focus. A little focus right now reaps long-term rewards. It’s your choice.

4) She’s only happy when she’s dancing: Is that a Bryan Adams song? Or is Nature telling us what we should be doing? She’s on the floor. Go on and boogie.

5) And then there was one: Is your fingerprint different? Is your iris different? Do you have a clone? Nature doesn’t think it works in real life. Why do you think differently?

6) And finally: Take off your headphones and look at what nature is saying.

It’s showing you the colour of money!

By Sean D'Souza, http://www.psychotactics.com/


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