Thursday, July 30, 2009

The Market for Marketing

I was recently reminded in a business telephone conversation that distributors sell specific products to specific businesses. I use the term "reminded," as I had forgotten that a vast majority of distributors of advertising specialty products envision a specific client and the specific product match for that client. Our company follows a bit of a different philosophy than this concept. I do not believe our philosophy is unique, nor is it divergent from the majority of thinkers. However, a certain marketing idealism seems to vacate during these trying economic times or in settling with the idea that any order is a good order.

For your direct consideration:

Marketing Definition-

Management process through which goods and services move from concept to the customer.

As a philosophy, it is based on thinking about the business in terms of customer needs and their satisfaction.

As a practice, it consists in coordination of four elements called 4P's: (1) identification, selection, and development of a product, (2) determination of its price, (3) selection of a distribution channel to reach the customer's place, and (4) development and implementation of a promotional strategy. Marketing differs from selling because (in the words of Harvard Business School's emeritus professor of marketing Theodore C. Levitt) "Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. And it does not, as marketing invariably does, view the entire business process as consisting of a tightly integrated effort to discover, create, arouse, and satisfy customer needs."

(Source: http://www.businessdictionary.com/definition/marketing.html)

There appear to be many Sellers in the distributor arena and far fewer Marketers.

Speaking directly as a company, Clothpromotions Plus (CPP) has invented itself through the expressed needs of a marketplace. Expressed needs indicating it is what the industry desires, whereas implied needs indicate what the Vendor imposes upon the industry in hopes they will desire.

CPP had researched the industry (industry defined as the entire product and service business world), and discovered something, EVERYONE WANTS THE SAME THING in a "marketing" product or campaign: Quality product, low cost, maximum value for exposure, usability, function, branding, high return on investment (ROI), universal appeal and usefulness. Most business marketers will certainly also tell you, an individual targeted marketing campaign is always more successful than throwing a wide net and hoping you catch something.

Sure, we could sell any imprintable item. We could SELL any imprintable item. We chose to market.

We use our product to brand ourselves, we use our product to give away at tradeshows, we use our product as our business card, we use our product daily on all the items it is useful for, we use our product to sell our product.

CPP is marketing a concept, that corporations, universities, non-profits, wholesalers, manufacturers, health care agencies, distributors and everyone that is in any type of business or service industry is seeking and expressing. Businesses desire and express needs for high ROI.

We are marketing a product that primarily functions as a marketing tool. Moreso, we market the idea that our product everyone in America and beyond can use multiple times a day (and actually will use), will remain in an individual's possession for over one year and up to ten years (the longest thus far we have seen), brands a company's name and message and exposes that brand to the user of the product multiple times a day, and is less than one dollar total cost of said product. Now divide $0.50 by 365 (days in a year) and then by 5 (average number of uses per day). Your answer should be $0.000274. This number indicates that each exposure will cost the company that uses this marketing item $0.000274.

That is what we market, the concept of using an advertising specialty item to MARKET an end user's brand, and result in a sales conversion.

My advice to distributor's is market to your clients, do not sell. Anyone can sell with enough moxie.

Meet the client's expressed needs, listen to your client, discover what they want to occur with spending their money and match them with the appropriate techniques and campaign to deliver a truly value added service. Assist your clients to assist their business. You will walk away a hero, every time.

Clear vision with Clothpromotions.
www.clothpromotions.com

Wednesday, July 29, 2009

Top 10 List of Top 10 Lists

Top 10 Lists capture our attention, are typically easy reads and are the cliffsnotes of online articles.

Even better than Top 10 Lists may be the "Five Reasons..." or "10 Best..." lists.

To keep with the purpose of this blog, here is your Top 10 Lists 10 points on experiencing the Top 10 list (have you been counting how many times I have typed the word "list" ?):

10. As you simply start reading, you already feel a sense of accomplishment, beginning your journey toward #1.

9. Breaking the #10 reason allows you to feel as if you are well on your way.

8. At this point you are seeking something more substantial, as you get closer to #1. And you will, because #8 is quite witty, if you think about it...

7. Usually a filler.

6. Reintroduces the concept that you are working down to more interesting reasons that a Top 10 list is valuable to your time.

5. Halfway there! Now the Top 10 List becomes a Top 5 List and 5 becomes the new 10. Usually the most self aware point in a Top 10 List.

4. Slap your own face! #4 Is usually quirkier than #1 even. At this point attention spans require a boost or a good punchline.

3. Final countdown. Lists that count down rather than up usually indicate that the #1 is the pinnacle of the list. When you count up from #1, they all seem equally important.

2. Holy smokes! Anticipation is more exciting than acquisition. At this point, being filled with the knowledge and cleverness of the past 7 points makes #2 the #1 tugger of emotions. The #2 point cannot outdo the #1 point in any list, yet it should lead on from the past 8.

1. People read Top 10 Lists because they offer quick, quirky points that keep people's interests and avoid the time needed to review an entire article or blog. #1 is the punchline of the entire list and usually is non sequitur.

Stay tuned for equally introspective lists to save you time!

File under Satire.

Clear vision with Clothpromotions.

Monday, July 27, 2009

Qualities of Promotion...A Mild Intro

As initial blogs may go, this will be no different. It will not be the same either.

There is much information, education, opinions and general clutter surrounding the world of promoting, branding and advertising oneself or one's business interests.

How that translates in real life and how real individuals and businesses adhere and follow through with the wealth of information and motivation, is typically an entirely different situation.

Blogs are simply re posted or discussed around the water cooler or through FB or emails back and forth. Articles typically are used in the same way. (I am guilty)

Twitter is similar, yet allows us hands on, direct contact and immediate responding to those posting (pending it is original work). (again, guilty)

How many people walk out of a Tony Robbin's session feeling as if they can conquer the world? ...Calling family members, re-thinking their lives and careers and empowering themselves to the point of euphoria and catharsis.

And what happens in no less than, 2 days later? I cannot speak for everyone... but pep-talks are temporary and if everyone was as motivated and successful and life changing and life affirming as our friend Tony Robbins... we would not need Tony Robbins.

He is a template, I am not directing anything in regards to him specifically.

Isn't the point that we all want and have the ability to experience that energy sprouting from within us, compelling us to take charge of our lives and create the world as we would have it??

I have read many articles on both sides; fear of failure to move forward in life, or fear of success that life may actually work out.

Either way - the main motivation appears to have fear involved and the hypothesis would be that we may be perpetually living in response to avoiding the fear, rather than proactively running the show.

We are, collectively, interacting on a more personal basis (albeit electronically) with each other and even celebrities (biggest Twitter example: @aplusk). Our best resource is our self.
Promoting oneself is promoting the uniqueness of oneself. The differences and the interests of others is always more interesting than routine familiarity. I am not suggesting an anarchistic approach to marketing, I am not denying adding a little bit of it either.

Persistence, common sense, practicality, and usefulness - are the qualities to have when promoting. The uniqueness of the brand, product or person - will inevitably shine through.

Clear vision with Clothpromotions.