In a culture that so often promotes immediate gratification it sometimes goes unrealized that there are beneficial, cost effective alternatives to instant results. This fact also undoubtedly applies to the world of marketing and advertising. A perfect example of how the virtue of patience can pay off is with the use of promotional magnets.
All promotional products should be distributed with the assumption that, although your prospective customer does not need your product or service at that moment, the need for what you offer will someday arise. Knowing this, you give away a free promotional item with your company information emblazoned upon it. If the promotional item performs a useful function for your prospect it is more likely that they will hold onto it. One day, when their computer crashes and they notice their familiar ABC Computer Repair coffee mug staring back at them, the investment pays off.
The preceding example may seem like an oversimplification, but it really isn't. The complicated part about planning a promotional campaign is finding an effective, functional promotional item that is within your budget. Some companies can't afford to print up the amount of coffee cups that would yield a significant ROI (return on investment) so they might opt for something less expensive like a keychain or promotional pen. These items are okay, but they do have significant shortcomings. For example, most people are not going to replace their current keychain with the cheap, soft plastic model that most promotional companies offer. Although this item is functional it is not highly desirable. The promotional pen is a good idea, but its efficiency is limited because of its short functionality period. In other words, once the ink runs out the pen gets thrown in the trash along with your company's message.
On the other end of the spectrum there is the promotional magnet. This item is an anomaly because it actually doesn't serve much of a function except that it sticks to metal! For whatever reason, people are amazingly prone to grabbing a magnet and sticking it on the refrigerator, file cabinet or other appropriate surface. It can perform the function of holding up some important papers, but it doesn't even have to in order to be desirable. That's one of the attributes that's so great about them. Another benefit of using magnets as a promotional tool is that they are inexpensive to produce as compared to a coffee mug or calendar. Once the magnet is placed it rarely is moved. This helps to reinforce your company's message in your prospect's sub-conscious until your product or service is needed.
If you're a small company with limited resources don't gamble away your advertising budget with hit or miss campaigns like newspaper ads or radio commercials. These types of advertising efforts, by virtue of their temporal format and placement, can be high risk investments. Instead, consider investing some of that money into a more long term approach like the production and distribution of efficient and cost effective promotional items like custom promotional magnets.
For more about a magnet that can be designed to fit your needs please visit: www.promotionlotion.com/magnets.htm
Dan Kennedy Magnetic Marketing
Would a simple way to make a five figure income every month grab your attention? Gaj Subudhi of superstarsmarketing.com built his business up from scratch to five figures per month in a short period of time. His strategy was to buy courses, use them, then take his personal experience and package it up to help others.
Rob Toth interviewed Gaj as part of Dan Kennedy's Info Riches course. Rob interviewed the top information marketers in a series called "Future Of Information Marketing".
Until the point Gaj started his online business he was a software architect for a large company. He had no background in business or marketing.
Gaj started buying course after course like we all do. He wanted to "know it all" before he started his business. Gaj says "if you put more information into your brain it creates more opportunity". Since he was learning a lot from the courses, he saw a lot of "opportunity" but unfortunately he wasn't part of it until he started to apply what he was learning.
There were a lot of gaps between what the courses said and what happened in real life. When he started explaining these things to people he became a man-in-demand. Gaj says to "use and apply information to create value in the world". He found that the knowledge he gained from applying what he learned had value for others.
There is a lot of information out there. People are buying course after course but not applying what they know because they get stuck at a certain point. Gaj says the big money is in "helping people consume in the right way". This is more important that gaining a lot of information.
Information is so easily available. There are courses and books that were sold for a lot of money which are now available for free on the Internet. If you have a lot of information you just end up with "analysis paralysis". Acquiring more and more information doesn't allow you to "have your own value or your own voice", says Gaj.
People should "do something with whatever they know" and "try to expose the value of what you know to help people", says Gaj. "Create your own value out of the existing information" that you already have.
The way Gaj sees it, people don't have enough self-confidence to value their own knowledge. There will always be more and more to learn. The amount of information available to people is growing at an exponential rate. There is a video on YouTube that every information marketer should see: http://www.youtube.com/watch'v=jpEnFwiqdx8 .
When you watch the video you will realize that the best way to help people is to reduce the information overload they are being bombarded with. You need to share what you learned through your experience. You just have to trust in yourself that what you learned from doing things will be of value to others. "Taking action is critical", says Gaj. A lot of people are just regurgitating what they have read. They haven't done it. What people need is for you to share what you learned through doing things.
Both Eric Young & Neeraj Varma are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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Advertising Agency New Business We also handed out coupons at the local grocers, good for one free meal. Although we lost a little bit of money in the short term doing this, in the long term it got us a lot of repeat customers