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Author
Lorenzo Tartamella
C.E.O.
The first thing you must learn is to “read” “read” “read” In the real world
of marketing, the power of reading and understanding what you read will
become a key factor in your success.
When you first thought of opening your business, chances are no one
told you, you would need to become a professional marketer.
No one told you that the quickest and easiest methods are not
necessarily the most effective or the least expensive.
No one told you that you would spend a significant portion of your profits
promoting your products, just so that you could make more money for
more promotion.
There is a solution.
Before you spend any more time, or any more of your precious
resources, “read” ”read” ”read” my book! The Az-Marketing Desk
Reference Guide.
This Guide is designed help you open your imagination to every known
marketing technique known to man, on how to effectively market a
product or service and your business.
I wish for this guide to become your official blueprints for your success.
Proceed with caution and care.
Don’t kid yourself. Marketing is a very expensive tool to use. For the
“guys” think of it as an expensive power tool. For the “gals” an
expensive kitchenware. Both can be very expensive fragile, and
dangerous.
One important key to marketing is to “stay within your budget” and use
testing wherever possible. It will be up to you to find the proper
techniques that will achieve maximum exposure and work for your
industry.
You may have devoted years to perfecting a product that you feel could
truly make a difference in people’s lives. You may have a connection
overseas for commodities you believe will sell well in your City, State,
Province, or Country. You may have a low cost service that will benefit
thousands of people. You may be a manufacturer, or inventor who
wishes to sell an innovative or new product. Whatever it is, without
MARKETING, nothing happens.
The ideal program for your product and what appeals to you personally
may be different than for someone else. Though your personal taste of
marketing methods is important, always consider opinions of others
around you.
In the final analysis, your decision must present and represent only one
factor of success that equals Sales and Profits.
Be Creative…
Attitude is everything
Believe 100% in your Plan
Always be enthusiastic
Have fun
Tell everyone: once you’ve launched
Knowledge: know your product
Be adventuresome
Go Beyond conventional
Go Beyond comfortable
Set goals
Change brings growth
Use the imagination
Don’t ever lie
Remember, that when all else fails, blame Marketing, however without it
nothing happens.
Lorenzo Tartamella
C.E.O
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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mm ADVERTISING
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Recommended Books
Recommended Websites
http://advertising.utexas.edu/research/Topics.html
The Department of Advertising at the University of Texas, Austin
“offers a wealth of information not only about the Advertising Industry
and various research areas.” In particular, find “Research
Resources” on the homepage menu bar, with online papers and
articles, a dictionary of terminology, educational software, advertising
books, rules for style in writing, biographies of advertising giants,
links to Advertising World, Famous Slogans, Advertising quotations,
and much more. Advertising World is the “Ultimate Marketing
Communications Directory with Resources for advertising and
marketing professionals, students and teachers. The most extensive
advertising-related links on the Web!” Over 75 advertising-related
topics, provide hundreds of valuable links.
This chapter offers ideas, skills, and techniques for creating and
writing effective advertising. The amount of information on the
general subject of advertising is staggering. Several of the
recommended books are classics written by masters in the field.
before discussing techniques on how to write and what to include in
an advertisement, brochure, or sales letter, let’s take a closer look at
what advertising does and what it does not do.
Advertising does not have to cost you a lot of money. The idea is to
combine several different techniques to develop a Marketing Plan
that will work for your product or service. The following scenario is an
example of how a how a small advertising effort could blossom into
some significant marketing opportunities. Hundreds of potential
scenarios exist. Your imagination, your attitude, and your desire are
the only limits to developing marketing programs for your product or
service.
Imagine that you own a gift shop in a mid-sized town near a big
metropolitan area, perhaps an outlying suburb. You decide to send
holiday cards to your preferred customer list of 1,000 to show them
your appreciation of their support and loyalty. You decide to
sponsor a 3-day Holiday Sale, and invite them as your special
guests.
Get with the spirit of the season and offer to donate a percentage of
your profits to a local charity. Decide which one, call them, and find
out their Christmas wish list. At the same time, our marketer
suggests sending a Press Release to all local and surrounding
media announcing the Open House. Invite the public to come,
reserving special hours just for your invited customers.
Make sure your Press Release informs the media that you are
donating a percentage of the proceeds of all sales to charity. If you
achieve your goal, and have the money to purchase the charity’s
desired item or items, you create the opportunity for a second
publicity event to bestow the check.
You began with the idea of having a holiday sale and open house for
your best customers. That idea remains. Offering a special
appreciation day for your valued customers is an excellent way of
maintaining their support and loyalty. You targeted an audience and
established a goal, two important focus points of any advertising.
The chances are excellent you will receive local and maybe regional
media attention, as long as you adhere to some easy guidelines for
the correct form to use in inviting the press. Depending on how much
space the media allows for holiday stories, you might get
considerable attention. As mentioned, keep the interest and
momentum after the holidays by creating another event and
presenting the donation. (See Chapter P- Publicity and Press
Releases.)
Whether you make money at this Holiday Sale is a moot point. Your
original goal was not necessarily to make money, anyway. If you
garner the interest and support of some of your local and regional
media, you will be the envy of every competitor and business in your
community. You will also have created a situation for your company
no amount of money can buy.
The federal and state government the all have laws regarding
advertising. Chances are you will not have to worry about violating
these laws, but it is still a good idea to know what is illegal. The
Federal Trade Commission is the enforcement agency for the U.S.
Government; state enforcement is the state attorney generals’ offices
role supported by various consumer protection agencies. The laws
govern deceptive and false advertising. Follow the guidelines listed
below to insure that you aren’t accused of either.
Credit - “Easy credit” means that you offer credit to those with poor
or no credit. If possible, print the full terms (in small typeface) in your
advertisements to avoid any confusion. Your offer has to be
sincere.
With these caveats in mind, let’s look at the components of good and
effective advertising. You know advertising is going to cost you
money, money from your hard-earned, well-deserved profits. It is
also going to cost you time, time away from the other important tasks
of running your business. You will agree that it is essential that you
spend money and take the time necessary, or else the entire concept
of starting a business is senseless
Before you place or pay for any advertisement, jot down these 5 W’s
and answer them to the best of your ability. Go through this exercise
each and every time you plan advertising, whether you are placing a
small advertisement, or strategizing an entire marketing campaign.
Begin with these basic questions to identify your purpose and set
specific goals. For instance, let’s focus on the WHAT. Ask yourself
what you hope to accomplish. Many of the other key elements will
become clear. Is your purpose to sell more products to your existing
customer base? That is a very important goal. It is much easier to
keep a satisfied and loyal customer than find a new one and create
and sustain his/her loyalty. Maybe your goal is to reach into the
community or wider, to expand your customer base. You can see
that where you place the ad, and what you say to each “audience”
would be very different.
Some of the techniques in this manual are highly effective for one
customer base, some work for others, and some work for all. Direct
Mail, as an example, is excellent for keeping in touch with existing
customers, as is Telemarketing. Making friendly calls to existing
clients is an easy and enjoyable task for your staff. Both
Telemarketing and Direct Mail are used just as often to acquire new
customers. Expos and Tradeshows represent a great opportunity for
outreach. You can generate hundreds of new, fresh leads for
expanding your customer base.
You can also see that by defining your goals, you define your target
market. It’s not essential to answer each of the 5 W’s in order. Begin
with what you want to create and move from there. You may find that
you develop something different than what you had envisioned, and
more exciting too!
Another important objective of advertising is to increase awareness
of your company and its products. There are a number of ways to
further this objective. Place a year long ad in the Yellow Pages or
begin an Outdoor Advertising campaign in your area using billboards
and signs. You can organize a series of Publicity events planned to
attract the press, radio, and television. You can open a Website or
expand your existing one by undertaking steps necessary for
bringing more qualified buyers to your Internet store. You can offer
an e-Zine, or electronic newsletter or magazine at your Website, as
well.
Whatever you choose to do, focus on your goals and your target
audience. With these objectives in mind, you can develop a number
of scenarios depending on the time and resources you are willing to
allocate.
When you find something that does work, archive it so you can use it
again, but keep developing new ways to bring exposure to your
company and products. If you run the same ad repeatedly, you will
be perceived and categorized as stale, unimaginative, and
unadventursome. You don’t need to do everything at once, but
explore all the options you can afford. You can even study what your
competition does.
Buyers also seek value. Cost has traditionally been a key benefit in
successfully marketing products. With our rushed and harried
lifestyles, convenience is becoming an increasingly important factor
in product decision-making. Some consumers will knowingly pay
more when a product offers the benefit of convenience. This
phenomenon is evident in a number of markets, and appears to be
an important trend to watch.
Hertz has a hook (slogan). Coca-Cola has a hook. 7-Up has a hook.
You will be most effective in establishing a signature identity if you
pick one memorable thing about your company or product with which
you want to become associated, and stick with it. Use it everywhere,
especially in all your advertising.
This USP is the quality that distinguishes your product from everyone
else’s. What is important is the buyer’s perception of the difference,
whether real or not. Watch your deceptive advertising guidelines, but
search for some quality about your products that can set you apart
from others in your industry. You could use this quality or key benefit
to create your hook. A hook catches customers’ attention. Your
Unique Selling Proposition convinces them.
You cannot hope to reach everyone with your message, just as your
products are not for everyone. According to statistics we retain very
little of what we see and hear, partially because we are constantly
barraged by advertising. Many people develop the ability to shut their
minds off when the advertising begins, or read only the top ¼ page
of the newspaper. This is not to say your efforts are futile. As
mentioned, you have to advertise. Your job is to be creative, focus
on your target audience, and deliver a strong, clear, and forceful
message.
Your USP is the single most important tool you have to differentiate
you from everyone one else selling products like yours. A simply
stated, clear, focused, “Unique Selling Proposition” means your
advertising dollars work harder. You and your staff can concentrate
continuously on improving the ways you communicate the
satisfaction customers experience from your products.
The question you have to ask yourself is this: If I have or offer what
everyone else has or offers why would customers bother or care to
buy from me?
This is another area where you can seek the assistance of your staff.
It is important that you all have a unified understanding of the USP.
Asking each staff member to write a company USP will help you
understand what they do and do not understand about the business.
Compile and share the results you receive anonymously with them.
Reserving the final authority, solicit their assistance in drafting a final
copy.
Once you pinpoint your speciality, advertise it, and you will have
customers seeking you. A word of advice: be sure that you have the
resources and ability to fulfill what you offer. Disaster looms if you
attempt to take on more than you are capable or willing to provide.
4. Where
5. When
6. How
You may not need to answer all of these. The core of your message
in any advertisement is your Unique Selling Proposition. Write the
other information, particular to that ad, in several ways to see what
sounds most interesting and most natural.
When you pay for advertising, you are paying for the opportunity to
choose what you want to say, where it appears (which section and
sub-section), when, and how often it appears.
Before you begin writing an ad, ask yourself if you have room to
include some other major benefits of your product besides the USP.
List the other benefits in order of importance to you. As you write
the advertisement, always stay in the active tense with action verbs.
Your sales letter is what sells the product in Direct Mail. Enclose a
flyer or color brochure for interest. Your letter must be so compelling,
that the prospect decides he/she has to have that product. At the
same time, you want to be friendly and personal.
Customers pay attention to a letter that has their name within the
body of the document. They know the letter is more than a mere
form letter. Creating customized letters takes longer as each one
must be personalized, and more than likely you will need to print
these letters in-house. You do not need to customize everything all
the time. However, experiment to see if giving your letters a personal
touch improves your results.
In the end, if your letter doesn’t look like a standard letter, don’t
worry. You have a lot to include, and you want it to look interesting.
Prepare your text. Then cut, paste, and move testimonials, your
hook, your USP, the ordering information, the free offer if there is
one, and the money-back guarantee, around the paper until you
have something that looks good.
Make sure that you assign staff to follow-up your mailings with phone
calls to everyone, if possible. After a week or two, at the most, send
another mailing or a postcard. If you have to mail several times to
get responses, do it. Successful Direct Mail campaigns most often
take 3-5 mailings, or more, before you begin to see substantial
returns. Each piece, each postcard, goes to the same list. People
need to be reminded that you are interested in them. (For more
information, see Chapter D- Direct Mail, and Chapter T-
Telemarketing.)
Take on these activities as your time permits and if you enjoy the
process. Meeting people and getting referrals is your goal. Direct
sales can happen, but you must first find a clever way to connect
general information with your product.
There are many ways to advertise products. Develop and plan your
goals for each advertising activity you undertake. By definition,
advertising requires that you pay someone a fee. Understand what
you want to accomplish, and then select the medium or techniques
most appropriate to reach or target your audience within your
budget. Consistently reiterate your Unique Selling Proposition in
everything you do to woo, win, and widen your customer base.
B
Recommended Books
Guerilla Marketing: Secrets for Making Big Profits from Your Small
Business by Jay Conrad Levinson-Guerilla Marketing is the latest
update in a series of more than thirty books by Jay Conrad Levinson and
his collaborators on effective marketing tactics. Since 1983, companies
large and small have studied marketing strategies from Mr. Levinson and
his colleagues, especially the importance of acquiring market share. This
new and revised edition covers strategies for marketing on the Internet,
new ideas for targeting customers with repeat business, as well as
management techniques in an era of telecommuting and freelance
employees. Guerilla Marketing is defined, also the Thirteen Most
Important Marketing Secrets, Secrets of Developing a Creative
Marketing Plan, Secrets of Saving Money, Ideas for Marketing, such as:
Personal Letters, Trade Shows, and more.
Recommended Websites
Instead, read and refer to the rich experiences of others that you will
find in books. With one or two possible exceptions, each chapter of The
Marketing Desk Reference contains several to many easily accessible
books that will enlighten and enliven your process.
Where you purchase your books is your choice, of course. If you feel
inclined to support your local economy, call your neighborhood
bookstore to see if they have the titles you want in stock. If not, ask
them if they will the order the books for you, and how long you will have
to wait for your order.
Depending where you live, you may find few of your requests are
stocked locally. As excellent as these books are, many of the
Recommended Books in The Marketing Desk Reference are considered
specialized books, and the everyday demand is not sufficient enough for
many bookstores to stock copies. Every title listed is in stock and
available from Amazon, unless otherwise noted. Barnes and Noble and
many of the other online bookstores handle these titles as well.
Though some media observers thought the Internet would diminish the
marketing importance of traditional media, the exact opposite situation
has occurred. By some estimates, in the year 2000, at least 25% of the
available traditional advertising market is being purchased by “dot com”
companies. Traditional advertising is powerful because these methods
not only motivate people to purchase products, they also create
consumer consciousness and “brand” recognition.
Amazon was the first successful Internet company that had the insight
and vision to utilize radio and TV to make their presence known. What
has made them so successful, however, is the second vision and
decision that management made. Every Internet company should
seriously consider implementing policies such as these. As regards
shopping for books, most people want to browse before they buy.
Amazon management has worked diligently to create superior customer
service. In many cases, you can get a book delivered to your doorstep
with a 30-day money back guarantee in less time than it will take you to
plan a trip to your local bookstore.
When you visit Amazon on the Internet, you often find a review of the
book from the author or publisher. Check for customer reviews as well.
Amazon provides a list of other popular titles related to your subject, as
well as a list of authors who write about related subjects. You can easily
be distracted by so many options when looking for a book. Stay focused
on your objective of choosing a FEW meaningful guides on topics that
interest you the most with special attention to books related to the
particular methods and tasks you are considering for your Marketing
Plan.
Access to the Internet costs less than a dollar a day, and is a fully
deductible business expense. In addition to providing broad-based
business information, Internet access gives everyone in your family the
opportunity to research subjects online, and communicate instantly via
email with people and businesses all over the world.
As you read through the chapters that interest you in The Marketing
Desk Reference, think of the techniques you want to include in your
Marketing Plan. Writing up a marketing plan is not as important,
essential, or necessary as having a Business Plan. If you have not
already done so, see Chapter G-Getting Started for guidelines on
completing a Business Plan. Your Marketing Plan can be a section of
your overall Business Plan. Regardless, develop a Marketing Plan that is
a working document for you and your staff to use internally as a
guideline to planning and coordinating your marketing activities.
For your Business Plan, the marketing section minimally includes what is
known as the 4 Ps of marketing: Product, Price, Promotion, and Place.
If you not do have a separate section on the Product, you will want to
explain it in detail in this section. Chances are you cover the product
information elsewhere. Elaborate on the benefits and include some of
the features, as well. For the purposes of preparing a Marketing Plan for
you and your staff, you will want to briefly outline each current product.
As the company adds products, you can add and date pages to your
existing list.
Catalog and magazine sales, radio, TV, and cable sales may be handled
partially in-house and some aspects may be handled through a
fulfillment company. In some cases, all the activities of these and other
sales will take place off-site. Assign responsibility for the management
activities of sales wherever they occur, including such tasks as data
entry, inventory, handling, packing, shipping etc.
Before you begin marketing, research the demand for your product or
service. Determine if there is a substantial demand for what you offer, or
whether you will need to create the demand. Estimate what percentage
of the market you can and will serve. This number is your market share.
If you are writing a formal Business Plan use some of the above
information in your Marketing Section. Explain why your product or
service is unique, how it fills a need in the marketplace, and what makes
it particularly appealing. Show how you are different from your
competition. For an internal Marketing Plan, a few statements on these
subjects serve as reminders and help keep a focus on your efforts.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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Recommended Books
Get the inside secrets from a pro, “This book was written with one
thing in mind: to give you the secrets of a successful marketing
campaign that will allow you to get your products into Catalog
Companies, which welcome new products, and by the very nature of
their operation, perform the advertising function.” You will learn not
only how to get catalog companies interested in your products, but
also how to get people to buy from the catalogs, about preparing a
Vendor’s Information kit, and good sources for mailing lists. You can
also order directly from the author 800-230-5201.
Recommended Websites
Orders for your product or service result from readers viewing the
information in the finished catalog. In essence, customers decide
whether to order on the basis of this information. You may or may
not be able to get contact information on customers who buy your
product. Catalogs view purchasers as their customers. If you
enclose a “customer satisfaction card” in your packaging, some
buyers will return it. If you have a product guarantee, returns may
be negotiate through you.
The first person you are likely to speak with is the receptionist. Ask
for the name of a buyer to whom you can address a personal letter,
and ask for their extension for future reference. If you are lucky
enough to reach an actual “buyer” on your first call, introduce
yourself politely, and explain that you are sending a letter and
brochure about a new product.
Ask the buyer if he/she would like a sample, but be aware that
buyers normally want just information in the beginning. A good initial
package is a personal letter from you, a sales brochure or literature,
and a color glossy picture of the product. Save yourself money by
getting a professional picture and making color copies.
Plan a budget for this initial contacting phase. Don’t forget to include
your phone bill as one of your expenses. If you plan to contact a
number of companies, prepare a number of kits in advance so that
everything is ready to send, except the personal sales letter.
In the interest of expediency, you can offer to fax your letter and/or
brochure. Depending on your phone service, this could actually be
cheaper than mailing, and much faster. Regardless of whether you
fax or mail, follow-up with a phone call to your contact either later
that day (when you fax), or within the next few days after you mail.
This call is extremely important. Don’t expect the “buyer” to call you
back or have an answer for you.
If you are thinking about creating your own catalog, consider this: the
biggest catalogs, such as Miles Kimball, Harriet Carter, Lillian
Vernon, Hanover House, etc., mail several million catalogs every few
months. These companies are really nothing more than giant mass
mailers. They sell products in huge volumes. They are not inventors,
developers, or manufacturers. They are going to buy each and every
one of their products from someone. Be one of those someones.
Generally, Catalog houses will buy your merchandise from you after
first testing it in a trial run. As a general rule, once they agree to
market your product you are no longer involved in the distribution or
fulfillment of any product orders they receive.
D
Recommended Books
Recommended Websites
Individuals who have consulted and worked with Direct Mail for
many years, all re-iterate the value and importance of the postscript
at the end of your letter. Research shows that many people read
the P.S. even before reading the letter! You know what you want the
reader to see first: your friendly offer stated clearly, and succinctly.
Reiterate the offer concisely in your postscript. If you doubt the
validity of this phenomomen, test it. Put something else in the P.S.
You can test variables in the materials, and you can test your list.
Tests should be small, no more than a hundred pieces. You can
even test to see if you want to spend your time and resources on
Direct Mail. One word of caution, though: know your product. Have
experience selling it at Trade Shows, through Telephone Marketing,
or Direct Sales to customers. Do not attempt to sell anything
through the mail unless you have had some experience selling it
face-to-face.
You can further refine your offer by sending a variety of test offers to
individuals on one list. You might get a very clear indication of
which offer appeals to your target audience the most, if you receive
a lot more orders from one offer than all the others. In the same
way, you can test the responsiveness of a target market by sending
one offer to a number of potential lists, and study the common
characteristics of those who respond.
Direct Mail is a tremendous opportunity for you once you have an
established customer base from which to draw testimonials.
Testimonials are a very powerful sales tool in Direct Mail offers.
Once you have been in business for awhile, you have a clear
understanding and assessment of your ideal customer, and can
select a suitable mailing based on many objective criteria. Define
your target audience, and have the list broker of your choice select
candidates who fit the age, gender, income level, and educational
background. You can require that the candidates fit one, two, or
more of you criteria. Often hobbies and interests help to define the
type of person that would become a likely buyer.
You may have heard that the response to Direct Mail is often less
than 5%. A campaign of multiple mailings is likely to increase your
overall percentages significantly. Though you want all sales efforts
to produce revenue, there are a number of others reasons to
promote your product or service through Direct Mail.
One very important reason to use Direct Mail is that the process
gives you the opportunity to build your own mailing list of buyers and
hot prospects. Direct Mail is a good way to test new products and
get feedback before spending a lot of money on media advertising.
Direct Mail allows you to target a specific audience, something you
cannot do easily with media advertising. Results are immediate,
and measurable.
Write your letter like you are having a conversation. Be friendly, and
helpful. Offer a few free tips. Use short, clear, concise words and
statements. Use the letter to personalize the information in your
brochure. Finally, end all good copy, including a sales letter, with a
“call-to-action,” a direct prompt aimed at moving the customer to
make a purchase. Send this sales letter first class with one of your
brochures, and possibly a trial or sample product.
Although you are writing a sales letter, what is most important is that
you realize this letter is actually yours sales presentation. In a
sales presentation, (see Chapter S- Selling and Closing the Sale),
your major focus is to assist the prospect in uncovering the benefits
of the product for himself/herself. The most important factor in any
sales presentation is meeting the needs and desires of your
potential customer. Make that hurdle, and you make a sale.
With Direct Mail, you are not talking on the phone (at this point,
anyway) to your prospect and you are not in a face-to-face meeting.
You need to make your letter personal, friendly and conversational.
Imagine having a conversation on the telephone or speaking with a
potential customer and attempt to duplicate the mood and feeling.
After you write this sales letter, read it aloud to yourself and see if it
sounds natural. Keep your letter to about one page, or one page
double-sided. Keep in mind people are busy these days. Make
every word and every phrase count.
State your offer very clearly in several places. If you have some
testimonials from other satisfied customers, you can use parts of
what these people say to present your offer from a client point-of-
view. You can state an offer in more than one way, but be very clear
what you are offering.
Be sure to “ask for the sale” in at least one very prominent place.
You can offer to sell your product through a clip off coupon; by using
Visa, MasterCard or a check; or give an 800 number for them to call
for more information. The 800 number can be a message machine
only where you retrieve names and numbers. Asking for the sale is
also known as the “Call for Action.” You must tell prospects what to
do and how to do it. If you want to make sales, leave nothing to
chance or guess work. Convince them they want your product, and
tell them how and where to order.
Your Direct Mail effort should be a campaign, and not just a single
mailing. It often takes several solicitations to prompt prospects to
purchase. As part of this campaign, coordinate a telephone follow-
up to one of the mailings. Mail as often as you can afford to pay the
costs. The timing of a mailing can mean the difference between a
prospect buying and not buying, so continue to make your offer. The
telephone campaign will enable you to get a pulse on the prospects’
interest and readiness, and give you a purpose for staying in touch.
People are generally very responsive to anyone who shows interest
in their life situation. Be friendly, concerned, and persistent, and
watch your sales increase.
You also save on domestic postage, as well. They mail in such bulk
quantities that their cost often drops to 27 cents per piece.The
process pools your mailing with a number of other mailings. The
total number of pieces gives everyone a discount. The availability of
this cooperative effort means you win by saving time and money.
With the Internet came email, the “free” way to send letters around
the world instantaneously. Many have discovered email is also a
great way to contact prospects. The use of email for business
solicitations has been abused, however. Unless the recipient has
requested your information through a company or service on the
Internet, unsolicited email is considered highly undesirable.
“Opt-In” email, will cost you less per piece than regular mail and
you won’t have to contend with mailing procedures. With
Postmaster Direct your offer often will be included with as many as
30 or more other offers, though you can select a solitary mailing and
pay much more. Some marketers report response rates as high as
15%, or more, with sales in the thousands per day using Postmaster
Direct, but these percentages are not the average.
The best way to decide whether “Opt-in email” is right for your
product or service is to subscribe (for free), get the mailings, study
them, and decide. You can visit the Postmaster Direct website at
www.postmasterdirect.com.
INTRODUCTION A B C D E F GH I J K L M N O P Q R S T UV W XY Z LINKS
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E
Recommended Books
150 Top Tips and Tactics for Effective Trade Show Exhibiting-
Published by Exhibitor Magazine and edited by Paula Marlow, this
booklet is available for a minimal price online at
www.exhibitornet.com “Save time and money.” Learn how to
increase the effectiveness of your Tradeshow exhibit. Find the
Exhibitor Store on the left menu tab on the homepage, click onto
the Order Page for this booklet and the Exhibit Planning Guide listed
below.
Recommended Websites
You display and sell your products side by side with others in your
industry, including your competitors. Thousands of people can
crowd into an Exposition Hall, presenting you with a tremendous
opportunity to gain exposure, sell products, and generate leads for
future sales.
Walk the Hall with a large pad of paper, a camera, and a tape
recorder. Take notes on anything and everything that interests you
or catches your attention. Interview exhibitors whose booths you
find particularly attractive. The most polished displays are more than
likely operated by people who have been exhibiting for some time.
You will observe that most exhibitors are continuously busy. Write
down specific questions, and ask if you can record their answers.
Early mornings, before the crowds descend, are the best time to
seek an interview.
It is not entirely necessary that you attend a show in your own field
for these explorations, but seeing displays of related products and
services provides very useful information. You will notice that
booths that are easy and logical to enter and navigate are the most
satisfying to you as an attendee. When it comes time to design your
own booth, weigh the relative importance of every item you want
inside and around your booth.
The comfort and ease with which visitors experience your booth or
display is pivotal to your success. Unless they are comfortable,
intrigued, and interested, potential customers will not linger at your
venue. There is so much for them to see and do, they will simply
move on to view another display.
You will also notice that the booths with prominent and inviting signs
attract many visitors. The ideal display is both informational and
pleasing. Most attendees at an Expo or Tradeshow do not stop at
every booth. Ask yourself what makes you stop at one booth, but
not at another. As you design and execute yours, give attendees a
reason to stop! They will stop if a sign or something else draws their
attention. Warm, rich, colors in your booth or on your signs; an
unusual or highly attractive product display; or some kind of activity
usually is reason for people to pause and look.
These events offer more than just another venue for you to sell your
products. They are your most direct, face-to-face, medium for
selling a significant inventory of your product or service. Unlike a
retail environment, where you are alone in your own store, you are
literally packed into a large Exhibition Hall with hundreds of other
merchants, separated only by a curtain or waist-high railing. At times
the Hall virtually vibrates from the energy and excitement.
As you narrow your choices on shows with which to exhibit, ask the
“show manager” how many other exhibitors will be displaying. It is
best to know the purpose and anticipated attendance of an Expo or
Tradeshow rather than guessing yourself.
We attended an industry Tradeshow where one segment of an
industry was displaying to the rest of that industry. A few selected
tradespeople paid a fortune to display at this show. Unfortunately,
the exhibitors were allocated the farthest aisle in the Hall. Few of
the attendees were aware of their presence, and no one was paying
any attention to them or buying products.
Only you can decide if your product is right for the Expo,
Tradeshow, and Convention market. Not every product and service
is. You can research the viability of exhibiting by asking show
managers if other products or services similar to yours are
displaying. Ask them to share contact information with you about
other exhibitors.
Don’t spend a lot initially on your entrance fees alone. You be the
judge whether a particular show is charging more for booths than
you are willing to pay. You will find that planning and executing a
successful display is a big job that takes time and costs a lot of
money in addition to the entrance fee.
Consider starting with a show located in a town near you. When you
are just getting started in business, it is a good idea to get to know
the people in your community and the surrounding area. You will
make some great local business contacts when you exhibit at
Expositions and Tradeshows in your own area. If you have an
established business, attending a local show is just as important to
you as it is to someone just getting started in business. The contacts
you make will be all the more meaningful.
For first time exhibitors, being near home has several advantages.
You can replace inventory easily, whether you need to restock your
supply of products or information. You can include staff part of the
time without having to pay for travel or lodging. You will save
expenses related to your own travel, food, and lodging. These
expenses can often cost more than your booth. Use the money you
save to mount an even more spectacular display!
There are a number of sites on the Internet with search engines for
finding Expositions and Tradeshows by location or by industry.
Check the Recommended Websites at the beginning of this chapter
for several very easy and useful ones. Make sure that the show or
shows you choose are appropriate for your product or service. It
won’t help to be near home in a totally unrelated industry.
If you feel music, aromas, or food snacks are inappropriate for your
booth, concentrate on the design of an eye-catching sign. Use
bright, but compatible, contrasting colors. Make your signs easy to
read from a distance. If you are uncertain about which colors work
the best together in the color spectrum, consult your printer. Be sure
to highlight the benefits of your product in signs you post, and in
your handout literature.
You can bring some of your high quality literature with you for
people with whom you have a conversation and want to maintain
contact. The point is that your high quality literature is expensive
and you can’t afford to have thousands of copies go to waste. You
want a simple one-page flyer with a picture of the product to jog the
attendee’s memory. Make the bottom 1/3rd or backside a cut off,
mail-in, order form for your products.
You will be amazed how many ideas you will get from other
displays. Bring plenty of literature, order forms, and product samples
from your booth when you walk the floor. Meet other exhibitors,
collect their business cards, and hand them your literature. You
never know what contacts will develop from extending yourself to
others, even those who would seem to be competitors.
Put the music on and sell! With two or more people from your
company in the booth, one person can handle the sales
transactions, while the other person answers questions, hands out
literature to everyone, and generally maintains the theater
atmosphere. Most people are unaware of the fact that they hang
around as long as there is an appearance of activity. Keep the
show going!
4. Banners
5. Container for business leads
6. Catalog and flyer holders
7. Catalogs and flyers
8. Lead and Order forms
9. Promo gifts
10. Press Kits
11. Attractive name badges for staff
12. Admission badges from show manager
13. Staff housing, food, and transportation arrangements
14. Staff work assignments
15. Computer for generating orders, database entries etc.
Take the time to plan how you want to present your company and
your product. You don’t need to rush into the Expo and Tradeshow
circuit, but start the process now, especially if you believe you have
the right product for this market. Make sure your audience comes to
the Expos and Tradeshows where you plan to display. Start slowly,
set goals, and evaluate your experience realistically. The
opportunity for finding customers and opening markets for your
products is tremendous!
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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F
Recommended Books
Recommended Websites
www.inc.com/articles/details/0,6378,ART869_CNT53,00.html - If
you can’t access this article at the URL above, locate it through the
mother site, www.inc.com. This 12-page article by Jill Andresky
Fraser is entitled, “A Hitchhiker’s Guide to Capital Resources,” and
was originally published in Inc. Magazine, Feb 1, 1998. Ms. Frazer
discusses various means of obtaining capital and offers some
tremendous resources along the way.
Approach friends and family with the passion that you feel for your
product or service. Seek a low or no interest, long-term loan to
assist you in getting started. These financing agreements are
important opportunities for family and friends to support your efforts.
Using funds they can collectively amass is almost universally more
satisfactory than borrowing funds from any outside source.
If you can accomplish your start-up expenses with what you have
saved and what you can obtain from family and friends, you will
have many opportunities later for more long-term financing to
expand your operations. If you need more cash to get the operation
underway, you have several options.
Your credit card or cards each have a credit limit up to which you
can withdraw cash. You can also withdraw cash from ATMs for most
credit cards. Another alternative for withdrawing funds from your
credit card is to take the card to your bank and ask to withdraw cash
against your available credit line. Your bank will call the bank that
provided you the card to verify the cash limit available.
G
Recommended Books
Guts & Borrowed Money: Straight Talk for Starting & Growing
Your Small Business by Tom S. Gillis – This book offers insight
and wisdom on the problems all businesses encounter, with
specific directions on what it takes to survive, and thrive. Focus on
your goals, avoid the common pitfalls, and do what is necessary to
get your business started. Gillis talks about four stages of business:
idea, survival, growth, and bureaucracy, and offers practical
techniques for managing each stage. Examples of topics covered
are: Advertising, Sales, Audits, Budgets, Employee Management,
Loans, Hiring, Forecasting, Financial Statements, Insurance,
Marketing, and Team Building
Recommended Software
Recommended Websites
If you are satisfied with your Business Plan as it is, you might
wonder if you have any use for this chapter. It’s not too late to check
off a few basics that could save you time, money, and a lot of agony
later. There is never a better time than NOW to complete those
tasks that you may have purposefully or inadvertently overlooked as
you began your business enterprise.
A few of those tasks and issues are mentioned here. At the end of
this chapter are some other suggestions that will make your
business run a bit smoother.
If you have been planning to incorporate but keep procrastinating,
now is the time to take care of this matter. Each state has a
department whose responsibility it is to properly incorporate
businesses in that state. These offices are usually connected to the
Secretary of State’s Office for each
state.www.isquare.com/stateoffices.htm is a website that lists all
the state offices of incorporation. Call today and get your information
packet, or go to www.corporate.com. For a modest fee, the folks
at this website will handle the situation for you.
You are not alone in the world of small business enterprises! Small
businesses account for more than half of the gross national product,
according to the SBA, the U.S. Government’s Small Business
Administration. The SBA defines a small business as one that
employs less than 100 people. There are nearly 24 million small
businesses in the U.S. today.
The authors whose books are listed at the beginning of this chapter
are experts in their field. They have spent years and years
developing their own businesses and advising clients like you, as
well. Take advantage of their expertise. Starting your small business
is as easy as baking a cake, if you are willing to follow a proven
recipe. You can also save yourself from making errors that can
become very costly.
Whatever the reasons for starting, the unfortunate fact is that the
survival rate of small businesses is dismal. According to the SBA,
the number one reason why small businesses fail is lack of
planning. Inadequate financing is often another reason for failure.
Unfortunately, most small businesses do not make it to their second
year.
No two Business Plans look alike, and there is no right way to write
one. The format varies depending on your product or service and
you, the business owner. There are important features to include,
however. Regardless of your format, creating a written Business
Plan forces you to take a critical and structured view of your
business, and to plan and project the future. You will no doubt agree
that these exercises forge a carefully outlined plan of attack, and
should therefore, increase your odds for success.
Begin your Business Plan with an Executive Summary. This is an
overview, or outline of the information you plan to present, and lists
all the subjects you intend to cover. Draft an outline as you create
the other sections, and actually write the Executive Summary last,
after you have completed everything else.
Once the plan is written and compiled, you will want to create a
table of contents. There is no correct format, but often a business
plan will first have a cover page with the name of your company and
pertinent contact data, followed by a Table of Contents, followed by
the Executive Summary, followed by your different sections.
Whatever it is, your product is unique and you know why. Exclaim
it! At this point you can bring in industry research or newspaper
articles supporting the validity of your passionate position. You can
create a separate section outlining your projected costs and
expenses, and the funds you anticipate needing to reach your sales
goals. Check with your industry’s trade association for information
that will help you estimate these figures, and document them. Trade
journals often have relevant material. You can search the Internet
or ask your local librarian for assistance locating data.
Make sure you have adequate locks and alarms throughout the
plant or store or office. If you don’t install them yourself, walk
through your entire location with the manager of a reputable security
firm and get his/her advice on what is needed where. After the
installation, supervise a test run yourself.
Take the time to open the in-coming mail everyday. Scan letters,
categorize, file, and delegate responses to them. Copy every check,
and then pass them to the bookkeeper. Be the first to receive
checks and bills, the first to read correspondence from customers
and buyers, and the first to see offers and industry data. Develop a
system so that you can easily sort the mail everyday quickly and
effortlessly, and hand it over to others for management and
responses.
Select a bank and banker that can provide you with the services you
feel you will need. Ask about a business line of credit. Compare the
programs and rates of banks in your area. If your business will be
making deposits on a daily basis, a bank with a branch located near
you is a convenience. Get to know the bank manager. Offer a
sample of your product, if appropriate, or a small gift. Establishing a
good relationship with your banker is very important. He/she can be
instrumental in assisting you with every aspect of your banking
needs.
Set a starting date, hire the necessary personnel, open your doors,
and go into production. If your Business Plan is written, proofed,
printed, and ready to go, you have hundreds of options open to you
that you would not have if the plan were only in your head.
INTRODUCTION A B C D E F GH I J K L M N O P Q R S T UV W XY Z LINKS
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mm HATCHING YOUR PLAN
H
Recommended Books
Recommended Software
Recommended Websites
Don’t we all wish business was that simple. You think the hard work
of getting everything together is finally over. You hope you have a
moment to breathe now that the operation is going. The fact is that
few new small businesses have a relaxed, deliberate opening day.
Day by day we build, we prepare, we do what is necessary to staff
and begin the process of making a business happen. There is no
definitive “starting moment” like the races. The moment you can get
product or services out the door, you do. Business means keep
ahead, keep up, and keep afloat.
Value Who You Are. As you develop your niche and your company
becomes known for its reputation, move with caution so that you
don’t compromise the company or yourself in any way. Your
reputation is of supreme importance. Be aware of maintaining a
good public image in the community and in your industry. You can
be outspoken, if you chose, but carefully weigh your options before
you make any move that will harm or tarnish your position.
Choose Success. Plan for it. Regardless of how you feel about
any situation, change your thinking, and the situation changes.
Let a deliberate, conscious choice to succeed propel you forward.
Begin today, or next week or next month. Write down reasonable,
attainable goals. Then write what steps you need to take to meet
your goals.
Your employees will respect you if you keep active in your business.
Be there everyday. Take time in each department to hear what is
going on, give suggestions and lend direction. Listen. Listen to your
staff. Listen to your customers. If you have a manufacturing facility,
get out on the line and show your employees that you can and will
participate in every aspect of the business. Take the time to make
calls with the sales reps.
In lean times, be willing to cut your own salary and benefits before
you ask others to take a cut. If the situation gets critical, you must be
willing to make big sacrifices before you can expect others to stand
with you. You may need to rely on savings for your personal needs,
or cut back to bare essentials. Don’t even consider asking staff to do
what you are unable or unwilling to do yourself.
Keep Good Books and Records. Careful record keeping and good
bookkeeping are essential for an understanding of your business.
You need accurate and verifiable records that are easily accessible.
Good records are critical for proper management, planning, and tax
preparation. Before you take steps to streamline your operation to
make it more profitable, understand where your money is going.
Costs, expenses, and sales volume are all factors in your profits.
Reducing expenses may be prudent once you determine where
there are excessive or unnecessary expenditures. Study and
understand the factual information before you make any decisions
or act subjectively on a whim.
Bringing your Business Plan to life, opening shop, and entering the
business arena is easily as difficult as all the steps you had to take
to just get started. Hatching Your Plan and getting a firm foothold in
your business and in your industry takes dedication, determination,
and perseverance. If you’re still in business after a year, you have
beat the odds. Stick with your Plan, constantly review and analyze
your financial situation, and make adjustments to trim the sails.
Attention to detail now will set you on a course sailing right out of the
harbor. Very soon you will be on the high seas running with the
wind. Good luck!
I
Recommended Books
www.la411.com - You may not live in California or near it, and you
might choose to use a local company to assist you in developing
your Infomercial. As you might suspect, the single most
concentrated area for the talent and tools necessary for making
Infomercials is in the Los Angeles area as part the film industry. LA
411 is a directory of resources for creating a top-notch production.
Resources include: Production Companies, Directors and
Producers; Crews, Sets & Sound Stages; Location Services and
Equipment; Support Services including stunts, animals and more;
Camera; Grip; Sound; and Lighting Equipment; Props and
Wardrobe; Post Production Facilities for Editing; and more.
How often have you surfed the channels on TV only to be drawn into
an intriguing and engrossing program which, you discover, is
actually a commercial?
You can discover what kinds of products sell well in the Infomercial
medium by watching the television yourself for a few days. Certain
categories of products have an appeal in this medium and do well
most of the time. These include: exercise and fitness home
equipment; other categories of vanity-oriented products like hair and
facial accessories and products; diet and weight loss programs;
housewares and kitchen gadgets; and self improvement programs,
seminars, audio tapes and books.
Your product or service need not necessarily fall within these
categories to meet with success in the Infomercial world. However,
some of the following criteria are important to consider when
evaluating how receptive the television audience will be to your
product.
One-of-a kind and totally unique products are difficult to find these
days, but your unique selling proposition is particularly strong when
you can claim that you are the only product like it in the world. If you
are the original, you certainly want to proclaim that fact. Once your
product is exposed to the mass media, you can be certain that there
will be copies, so be sure to state, from the very beginning, that you
are the original.
When you produce an Infomercial, you can set your own price. You
want to recoup some of your expenses, but you don’t want to price
yourself beyond what the consumer will pay. You may feel you can
make more money at one price, but if you can sell more products at
a lower price, the quantity of sales may net you more dollars in the
end. Pricing is very important, so seek the counsel of friends and
associates, and use as many objective criteria as you can.
If you could make a 10% profit, you could have spent $500,000 to
make $ 1 million dollars. These examples assume that your
Infomercial will be a successful one and generate $10 million in
gross profit.
If you spend $500,000 advertising in other mediums could you
generate $10 million in sales? Possibly.
In other media you would not need to spend $500,000 before you
would see a return. If you have been reading the chapters of The
Marketing Desk Reference sequentially, you will remember that
Catalogs, for example, can order thousands of your products. In
Catalog Marketing, you prepare a sales package and then make
phone calls and send inquiry letters to Catalog companies. You mail
your package to the companies that respond and express an
interest.
With relatively little work and insignificant costs, you can sell
hundreds of thousands of dollars of inventory. Catalog companies
buy all their products from product purveyors like you. The glitz and
charm of a television Infomercial are missing to be sure, but
Catalogs are always looking for new and innovative products. For a
review of Catalog Marketing, see Chapter C-Catalogs.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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mm JOINT VENTURES, VENTURE CAPITAL
J
Recommended Books
Recommended Websites
Joint Ventures
http://home.eathlink.net/~fpearce/Jointventure.html – This site links
businesses together. Find a joint venture partner through a closed
proposal process.
Venture Capital
The Internet is a unique and powerful platform for both investors and
entrepreneurs to find Venture Capital partners. There are many
excellent websites where entrepreneurs and small businesses can list
their company, receive guidance in writing Business Plans, and find
assistance in locating money. Below are few of the most popular sites,
in alphabetical order. There are others that offer similar information. If
you seriously want to find funding for your company, review and tour as
many of these sites as possible to analyze which programs are best for
you. Each of the programs listed below offers different options. You will
benefit by taking the necessary time to carefully evaluate all your
options.
If you haven’t yet completed your Business Plan, you will need to do this
to secure either Joint Venture or Venture Capital consideration. In the
case of a Joint Venture, you will want to scrutinize the other company or
companies, and they will want to know about you.
The second activity you need to accomplish is making sure you have a
capable and experienced management team in place. If necessary, you
may need to bring in additional personnel if you really want to obtain
Venture Capital funding or secure a Joint Venture agreement. Team is
the important concept here. Both Joint Venture companies and Venture
Capital firms want to see more than just you. Regardless of your
experience or capability, surround yourself with other skilled managers
in the areas of marketing and production.
Finally, clothes are the man or woman. Always present your best
professional appearance. In interviews, meetings, or on the phone, be
cheerful, positive, and focused. Make sure correspondence follows
proper business format, is neat, grammatically correct, and written on
your company letterhead. The “other side” will let you know if you are
too formal, and you will know when you can be more casual.
Now, imagine yourself dressed in your best business attire, hair neatly
groomed, and crisp clean, copies of your Business Plan tucked into your
portfolio. Let’s take a tour of these two options for creating the
necessary funds to expand your business.
Joint Ventures
A Joint Venture is a formal relationship between two or more companies
to enter into a specific enterprise utilizing the resources, talent, and
tooling of each company to expand business for all the companies
involved.
There are numerous reasons for companies large and small to team up
together. Just a few are: to create a new income stream by merging
technologies or products; to expand into new markets from local to
regional, to national, or even to international; to combine technical or
research expertise; or to merge production or product lines for more
efficiency; and to make government bids together.
Let’s say that after some soul-searching you decide to explore what
options exist for you with a Joint Venture partner or partners. The ideal
situation is to find a company that has had a successful experience with
a Joint Venture in the past. You will want to retain an attorney to do your
due diligence, regardless, but your learning curve will be dramatically
reduced by working with an experienced partner.
Secondly, you must have a good feeling about the other company, from
the CEO (Chief Executive Officer) or the COO (Chief Operating Officer)
to others you meet either in person or on the phone. Analyze whether
these are people with whom you could work. If they seem to have a
genuine desire to cooperate and are excited about the proposed
venture, you have found a match to pursue. If their style is abrasive, or
their mannerisms offensive, or suspicious, you should stop right there.
You can choose your wife or husband and you can choose your
employees. A joint venture partner is not a mother-in-law, so choose
wisely so that party doesn’t begin to feel like your least favorite relative.
At all costs avoid entering into a business cooperation enterprise fraught
with questionable emotions.
In the process of deciding whether you have an affable chemistry, you
want to begin learning what you can about the other company or
companies. You can start with their technical know-how and
manufacturing capacities, their knowledge of the market, and move into
the fundamentals of exchanging financial data.
It is highly desirable for joint venture partners to establish who will take
the leadership position, and who will remain in a more passive role.
Establishing a clear line of authority and decision-making creates a
mechanism not only for setting goals and accomplishing tasks, but also
for averting problems before they arise. Part of the discussion of which
party will take the major role involves staffing the new enterprise. As a
general rule, the workforce for the new enterprise comes primarily from
the company which assumes the greater position of leadership.
Make sure that you protect yourself from any past legal or financial
liabilities your joint venture partner may have incurred. Also, the
success or failure of your joint enterprise must in no way be affected by
any legal or financial undertakings in the future. A proper investigation
of potential partners is another important reason to hire a capable
attorney to assist you in arranging your joint venture.
Your attorney can advise you on possible legal entities to consider for
your joint organizational plan. Regardless of the legal organization you
decide upon, you need to create a contract that covers several
important areas. Your attorney can assist you in developing the
agreement that literally sets the wheels in motion for your joint business
operations.
Venture Capital
More than 3,000 venture capital firms invested nearly $13 billion in the
3rd quarter of 1999 in start-ups and expansions of other companies.
According to the National Venture Capital Association, (NVCA), 1,190
companies received a record $12.9 billion dollars during July, August,
and September of 1999. Less than 20 years ago, in 1980, the amount
of venture capital invested was $1.1 billion for the entire year.
Like the Angels, the venture capital company assists and advises you
in developing your products or services, referring you to experts in the
field from their network of associates. They will take at least one
position on the Board of Directors, and play an active role in guiding you
either through your start-up or expansion. They are present to insure
their investment is used wisely, but they are also professional managers
who take pride and enjoy sharing their knowledge to help others get on
a solid foundation. The venture capital company has no interest or
desire in a take-over of your company. The more successful you
become, the happier they will be.
Your contract will specify a period of time when they will liquidate and
“exit.” This time frame is commonly 3-7 years. When they liquidate their
investment, the venture capital company pays their investors, takes their
management fee, and begins the cycle of raising money again,
investing in other companies with rapid growth potential. They hold until
the exit date, liquidate, and return capital to their investors. The cycle is
7-10 years in duration; they may have a number of concurrent
companies and cycles. For the investors, the 3-7 is a long-term
investment.
Imagine being on the team that invested in the very early stages of
Apple Computer, Intel, Microsoft, Federal Express, or Genentech, to
name a few. These were all funded as rapid growth potential companies
by Venture Capital investors.
You may not really be interested how a Venture Capital company
makes their money, but you should be. There are a number of ways
they divest, or liquidate their position in your company. The most
common way they “exit” is by raising cash from a public stock offering.
You may be able to arrange a buy-out, or liquidate some assets, or a
combination of these. A merger or acquisition is another possibility.
The venture capital company and its investors are aware of the high
risks involved in investing in rapidly growing companies. Most venture
capital firms make multiple investments in each cycle. Some firms
manage as much as a billion dollars; others manage several million.
Obviously, not every investment has a satisfactory ROI. However, the
overall rate of return is substantial enough for them to continue, and
based on the latest data available for the 3rd quarter of 1999, the
venture capital industry itself growing rapidly.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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mm KNOW HOW
K
Recommended Books
Recommended Websites
Now is the time to research the Internet, if you have not done so
already. There are so many resources for you! Get online and study
the wealth of information that is free and readily available. Look for
“links” on each website you visit. Clicking on a link will take you to
an entirely different website with similar or related information.
www.insiderreports.com/bizrpts/resource.htm - Insider
Reports.com is a great business site. Be sure to check their
resources at www.insiderreports.com. This page lists The
Resource Directory for Small Business Management, SBA booklets
that you can download or order directly from the SBA Titles include
Marketing Strategies for Growing Business, and Management
Issues of Growing Business.
More than likely, at the time you started your business, the
innumerable tasks required to open were so time-consuming and
immediate it was impossible to anticipate or plan for the complexity
of issues you now face. It is much more difficult to generalize about
the needs of ongoing businesses than start-ups. The on-going
functions of every business vary considerably, and every business
owner has quite different experiences and background.
Check the course catalogs at your local junior colleges, and college
and university extensions for business and management courses.
Whether you want more information on managing employees,
customer relations, general management issues, accounting,
marketing and sales, or other areas, continue to educate yourself on
aspects of your growing business. You will know when your
knowledge is sufficient to carry you through any situation or crisis
that could arise.
Make the effort and find the time for your own personal
development. Even though your time is limited by the demands of
your business, you and your company will benefit from the time you
make to study books, attend weekend seminars or other educational
courses, and research information on the Internet. All of these
resources are available to assist you in becoming the best manager
you can be. The tips, ideas, and systems management skills you
learn will make your job easier and more enjoyable.
Another reason you want to join is that every trade association has
at least one Tradeshow or Expo every year. Be sure to be there to
make your company known, to learn from your competitors, and to
build market share for your company. Trade shows exhibit what the
industry is doing and planning. You want to stay as current as your
can. Subscribe to all the trade magazines in your industry for the
same reasons. Facts and figures help you plan and execute a
marketing plan, target your market better, and know what and how
your competitors are doing.
If you don’t have a consultant at this point, see if you can arrange to
find someone who has business experience, whether it is a relative,
a friend, a SCORE advisor, or a referral from your trade
association.
Issues like price changes are highly sensitive. You want to retain
your loyal customer base and continue to develop new customers.
However, you are not in the business of providing products or
services at cost. Having a business consultant gives you an
impartial opinion that can be extremely valuable, and the advisor
can offer suggestions and alternatives that can help you make
important decisions.
This example of product pricing and relative profits is only one
illustration of hundreds of possible concerns that could exist at this
point in your business. Fresh ideas might provide a jumpstart to get
you moving forward smoothly again.
There are no problems. There are only too few questions. Keep
asking questions, and solutions materialize. Today you can access
resources to more information in an hour than you can fully absorb
in several years. Keep writing down your ideas, your questions, your
answers and your solutions, even though they may seem ridiculous.
A resolution or series of resolutions will come to you. Like an
elaborate jigsaw puzzle, a picture will emerge and you will know
what you need to do.
Having a marketing plan will save you time, money, and constant
uncertainties. A plan is enabling to staff. They know what they need
to do and when they need to do it. A plan takes the guesswork and
hunches out of marketing. There is no right way or wrong way to
advertise, so follow your plan. At the very minimum decide what
methods you want to use, which media you will employ, and how
much you plan spend in a specific period of time, like six months or
a year.
Look carefully at your plan and your budget to make sure you are
not over-committed. Remember you are in business to make
money! Draw a line at the point where you can manage
expenditures yourself. Below that line, add a wish list of additional
marketing programs you would undertake if you could locate a
venture capitalist or a joint venture partner.
There are very expensive media options and less expensive ones.
You always have choices. Just start marketing. Get the advertising
systems on a chart and get going. Think of it this way: if you
decided to take a trip, but made no plans whatsoever, chances are
you would not make your destination. Get on the road with your
plan (map) in hand. You will make it!
Keep a card file on every customer who refers someone to you, and
reward the person with the most referrals. Keep all your customers
in a database so you can retrieve information and communicate with
them. Networking with existing satisfied customers just
keeps growing and growing as soon as you make your desires
known. The monetary investment is minimal: a few phone calls,
some letters, and maybe some samples are all you need to get
started. Someone on staff, probably you, should spearhead the
effort. It is so important and easy to work with your satisfied
customers on an on-going basis, you don’t want to pass it off to a
staff member who feels he/she has more important tasks to
accomplish.
Your ability to get the support of existing clients really has to do with
attitude. If you approach them because you want more customers
(which you do), but avarice is your only apparent motive, then you
are likely to get less support, understanding, and cooperation, than if
you come from the point of view of wanting to share the unique
benefits of your product. Getting testimonials is important because
people will say exactly what the product has done for them. Be sure
to print and use the testimonials in your literature. People love to
see their name highlighted. At that point you can call and say: “You
know, George, I’ve been thinking, since XX has helped you with
your YY, can you think of friends or family members who might
benefit as well? I’d like to send them a free sample.”
The key point here is that whether George recommends one or ten
people now, you have him thinking about how much better his life is
as a result of your products. You can also write a letter, which is less
pressure, and ask for referrals. Offer a free or discounted product for
every referral.
Did the magic word Free get George to sit up and listen? You bet it
did. Free? What do I do? People will stand in line for free anything.
Add something “Free” to an advertisement whether it is a free
sample of your product, free information, or a free audio or video,
and you will get a greater response than the same advertisement
without a free offer.
Polls show that the public responds to ads that they see over and
over. However, most small businesses cannot afford to run months
of display ads in major metropolitan newspapers. The first step is to
narrow the demographics of your target market, i.e., age, sex,
education, occupation, etc. Then use media and techniques you can
afford, and which are most likely to reach your audience.
Study your accounts receivable column. Accounts that are past due
60-90 days or more days need immediate attention. Have someone
with phone skills and strong abilities contact those individuals.
Authorize your assistant to arrange installment payments, if
necessary. Then turn to your accounts that are 30 days past due
and contact those people to make payment arrangements.
See if you can reduce your materials supplies cost if you are a
manufacturer. Whether you periodically need to purchase expensive
items, or have used the same supplier for some time, ask for a
premium customer allowance, in other words, a preferred discount.
Every supplier has a tier of discounts that are not publicly available.
If they value your account, they will attempt to meet your request. It
is possible to negotiate a new price for anything anywhere if you are
willing to make the effort. Make the effort. You never will know
what is possible until you seek the possibilities.
Analyze your inventory for excess stock. Look at ways you could
reduce any materials or inventory and still make the production and
product quotas you want. Clearly sitting with a warehouse or more
of inventory may be in excess of what you really need to have
available at any point in time.
In the last few years another policy has emerged for business
owners that speaks to the issue of adequate coverage. It is called
Employment Practices Insurance. This policy covers you if an
employee sues for sexual harassment, wrongful termination, job
discrimination, or a number of other claims against you or your
company. Most often the policy provides both for your legal
expenses and for a settlement for damages. You say you can’t
afford coverage like this, but consider carefully whether you can
afford not to carry such a policy.
If employees use their own vehicles to pick up, deliver, or drive for
company purposes, you can add on what is called “Hired and Non-
owned” auto coverage to your commercial policy for a nominal
amount. You can see how this coverage protects you and your
assets in the event of a claim.
L
Recommended Contacts
Recommended Books
301 Legal Forms and Agreements (…When You Need It in Writing!)
by Mario D. German, Sondra Servais (Editor) – “ The do-it-yourself
library of ready- to-use legal documents for virtually every personal and
business situation. This easy-to-use book offers perforated forms that
can be personalized, adapted, or used right from the book.”
The Complete Book of Business Forms and Agreements/Book and
Disc by Cliff Robertson - “…over 400 ready-to-use business and legal
forms, contracts, and agreements for thousands of business uses. Each
document is written in concise, easy-to-follow language, preceded by
simple instructions on how to complete and use it. For ultimate
convenience, a 3 ½” disk is enclosed in the book. Just pop the disk into
your computer, type in your information and you are ready to go!
The Complete Book of Small Business Legal Forms (2nd Ed.) by
Daniel Sitarz - An easy-to-use handbook containing “standardized
legal forms for use in most routine legal situations. Concise,
understandable instructions explain when the forms are necessary,
what the legal effects of each form will be, and how to easily prepare
them.”
E-Z Legal Guide to Trademarks and Copyrights by Michael C.
Donaldson - Covers the basics of copyright and trademark law, and
provides all the forms for applications. “Clear, simple instructions for the
layperson.”
How To Register Your Own Trademark: With Forms (2nd Ed.) by
Mark Warda - Every company needs a trademark. This guide covers
all the basics from start to finish in an easy-to-follow format complete
with checklists and flowcharts.
Patent It Yourself (7th Ed) by David Pressman - Patent attorney,
former patent examiner, and inventor, Pressman covers the entire
process thoroughly and completely. The Patent Office, patent attorneys,
librarians, and inventors all recommend this book. It includes all the
forms and instructions needed to file a successful application. It also
includes advice and suggestions on marketing, and is considered the
definitive guide on how to patent yourself.
Patent Searching Made Easy: How to Do Patent Searches on the
Internet and in the Library by David Hitchcock - Covers information
like how to classify an invention properly and how to find patents
relevant to your search since 1971.
Recommended Websites
www.about.com - This is the network of sites led by expert guides
with more than two dozen excellent links for inventors. Go to
“Inventors,” then to “Inventor Basics”.
www.adlaw.com - This is the website for the law firm Hall, Dicker,
Kent, Friedman, and Wood. They offer legal information for advertising
and marketing professionals.
www.corporate.com - The Company Corporation is a service
company. “Since 1899, entrepreneurs, accountants, and attorneys have
turned to us for their incorporating needs.” The company formed over
125,000 new corporations last year. They also provide all the auxiliary
services for running a smooth business, including tax, payroll, and
insurance.
www.lawyers.com - Lawyers.com is “your connection to legal
information & resources.” Here you can “find a lawyer, learn about the
law, and know your legal options.” This is an extensive site worth
visiting.
www.legaldocs.com - Legal Documents Online. Prepare customized
legal documents online. Choose a document, complete the
questionnaire, click submit and you can download to file or print. Many
of the documents are free to download and personalize, and there is a
nominal fee for others.
www.lib.utexas.edu/Libs/ENG/PTUT/ptut.html - This complicated
URL takes you to a useful patent tutorial at the University of Texas, one
of the Patent and Trademark Depository Libraries. Also, link to the
tutorial on the homepage: www.lib.utexas.edu
www.nameprotect.com - Protect your Trademark or Service Mark in
3 Steps with this online program for filing your trademarks. Step 1:
Search potential conflicts in the US Federal Trademark Registry Online,
$35 for unlimited name searches. Step 2: Comprehensive Search by an
Expert, results delivered to you by Fed Ex, $175-$495. Step 3:
AutoMark Online Registration. Print out and send to U.S. Patent and
Trademark Office with required government fee of $325. Auto Mark
software costs $65.
www.nolo.com - The Self-Help Law Center is “America’s leading
source of self-help legal information.” The site has an impressive list of
articles on patents, the differences between patents copyrights, and
trademarks; small business and employment information; real estate;
personal debt, wills and estate planning. They provide recommended
forms, guides, books and software.
www.parcorpsvcs.com - Incorporate online for as little as $45 plus
the state fee. This is the lowest price available anywhere. You also get a
pre-approved new merchant account (for accepting credit cards) with no
application fee. Check their bookstore for helpful books.
www.patents.com - The Intellectual Law Web Server provided by the
Law Firm of Oppedahl & Larson LLP provides a very extensive site
offering information on patents, copyrights, trademarks, trade secrets,
and other intellectual property. Information is both thorough and very
helpful.
www.quickforms.net - Select a document or agreement, and Quick
Forms will automatically draft it for you with your information. Nominal
fee charged for each document created.
www.siccode.com/forms.php3 - Sic Code.com is the website of The
Worldwide Business Exchange. They offer an extensive list of FREE
legal forms you can cut and paste.
www.smartagreements.com - Smart Agreements is the Teneron
Corporation Website. More than 600,000 copies of SmartAgreements
have been sold. Smart Agreements contain more than 130 agreements
and 60 topics of business law, all with complete explanations.
Information has been both selected and reviewed by attorneys and
business professionals for ease of use. Buy one or more “bundles” that
suit your needs and receive over a dozen bonus agreements.
www.venable.com - This is the website of Venable, Baetjer, and
Howard, LLP, the first law firm to list on the Internet. They offer over 200
articles at their website, and a free e-book called So You Want to Be on
the Internet. Scroll down the list of free articles and bookmark this site
for reference. Order the book for good, solid information about creating
a presence on the World Wide Web.
www.yourbizservices.com - The website of Agenus, Inc. offers
incorporation, LLC, Trademark, Copyright, and other business services.
Incorporation attorneys are available for consultation. If you incorporate
your business here, you can obtain additional legal services for a
reduced rate. There are a lot of links here for starting and running your
business.
Throughout your business life you will need to review legal contracts
and documents that will engage and commit your company to a course
of action or activity. At times you may feel smothered by a cloud of
legality that dictates everything. The purpose of these documents is to
clarify and establish relationships using law and equity. If you have
started your business, you have already had to negotiate several
contracts.
If you have not yet incorporated your business, now is the time to take
that step. Incorporation involves forming a legal Corporation or a Limited
Liability Company (an LLC). Incorporating protects you and your
personal assets in the event of a lawsuit, debt, or any liability involving
your business. Your home, your savings and investments, your cars,
virtually all your personal worth is at risk if you fail to insulate yourself
with a corporation or an LLC. If that is not enough incentive, a filing as a
corporation can mean hundreds to thousands of dollars you can save
annually in taxes and deductions.
There are literally hundreds of other legal documents available that you
can familiarize yourself with now, or in the near or distant future. There
are at least a dozen websites on the Internet that offer you every
conceivable legal document you could need for your business or
personal life. Although these may be perfect forms and perfectly legal,
please consult with an attorney before you sign any document that
commits you or your company to a legal position.
The ease with which you can find information and research a topic or
question of interest is one of the great benefits of the Internet. The
ready availability of legal documents is wonderful, and easy accessibility
is tremendously useful.
With those tools available to you, the major focus of this chapter is
trademarks, copyrights, and patents: what they are, how they differ from
each other, and what getting them does for you. Virtually every business
will use one or more of them at some point, so it seems natural and
relevant to focus on these important documents.
Before you become a public entity, you want to be certain you have the
protection available to you for products, designs, names, logos, and all
intellectual property. You might have the same name as another
company, or another company could register your name before you.
You might lose anticipated product identity or find it seriously
compromised. The last thing you want as you are finally ready to break
into the public sales arena is a prolonged, annoying, and expensive
legal battle to regain your company or product name.
Trademarks
If you have a service industry, a service mark fulfills the same purpose
for services as trademarks do for products. “Marks” distinguish you from
other service industries. According to the PTO, trademarks most often
appear on the product or its packaging, while a service mark appears in
advertising for services.
A trademark does not prevent other companies from making the same
products you do, or from selling the same products or services under a
different mark. Once you register and use a trademark you can
successfully prevent other companies from using your “mark” or a
similar and confusing mark. Though you are not required to register a
trademark, or service mark, another company may copy you or could
apply to use a very similar trademark.
Registration is the process that grants you official use. The possibility
exists that someone else will knowingly or unknowingly use your mark.
You have a strong case to insist they cease using the mark with your
official government registration. If they refuse, and litigation occurs, you
have every right to seek punitive damages, and the courts look very
carefully at who has the official registration for use.
The fee you pay to register is $245. This fee covers both the
processing and the search for any conflicting trademarks. You are not
required to research possible conflicting trademarks before you submit
your application. You can perform a search if you chose at the PTO
public search library in Arlington, VA., or at a patent and trademark
depository library.
Call the PTO at the toll-free number listed at the beginning of this
chapter to locate the nearest depository library. The libraries all have
CD-ROMs with the trademark database of both registered and pending
marks. Finally, you can have an attorney who specializes in trademark
law research for you. The PTO does not give advice. The government
does not refund your money if they find a conflict because of the of the
time staff attorney-examiners spend researching.
There are two kinds of applications for trademark and service marks.
The first is a “use” application for someone who is using the mark in
commerce. File an “intent to use” application if you are advertising, but
not yet selling products in interstate commerce. You can only register a
trademark or service mark if you have a “bona fide” intention to use it in
the course of commerce and trade. You cannot register a trademark to
reserve or hold a design or phrase. For general information and
procedures for registering, request your copy of: “Basic Facts About
Trademarks,” from the Patent and Trademark Office.
Copyrights
Unlike trademarks, which are not legally binding, copyrights are a form
of intellectual property law. They protect “original works of authorship”
according to a circular entitled, Copyright Basics, published by the
United States Copyright Office. Copyright protection is “available to
both published and unpublished works.” According to FAQs:
There are several categories of work that are not protected by copyright.
These include short phrases, titles, names, slogans, and familiar
symbols or designs, and listings of contents or ingredients. Another
category that is not protected by copyright includes works with no
original authorship such as tables and lists of public information, or
standard lists of information. A work must have a tangible, recordable
form or it is not eligible for copyright. Thus, ideas, procedures, systems,
principles, concepts are not eligible for copyright protection.
You will need to register if you want to bring a lawsuit against someone
who is infringing on your copyright. If registered, you may be entitled to
both statutory damages and attorney’s fees in successful litigation. As
long as registration occurs within five years of publication, your
registration is considered prima facie evidence in the courts.
Another reason to register your work is to create a public record of your
copyright, and to receive an actual document to support your claim. You
do not have the legal precedent of original copyright unless you file an
application and receive a Certificate. Though you are protected once
your work has tangible form, whether published or not, the physical act
of registration involves the creation of a dated certificate validating your
claim.
The U.S. Copyright Office is the only place your can file an application
and receive a Certificate of Copyright. Applications are available online
at the Library of Congress, Office Of Copyright (see Recommended
Contacts at the beginning of this chapter), in some public libraries, and
in some reference books. To avoid confusion, call the Copyright
Office’s 24-hour forms hotline at 1-202-707-9100, and request an
application by mail.
3. Your name, or the name of the person who holds the copyright claim.
According to the Copyright Act, if you publish certain works in the United
States, and maintain exclusive right of publication of that work, you are
legally required to deposit in the Copyright Office, within three months of
publication, two copies of your work for the use of the Library of
Congress. This is called the “Mandatory Deposit,” and it applies to most
published works. It is not necessary for you to register your work or
receive a Certificate of Copyright. You can, of course, use the symbol,
as explained above. You satisfy the “Mandatory Deposit” requirement
by applying for a certificate, and with the application for certificate you
are required to deposit only one deposit of your work.
Patents
Patents are the third form of intellectual property covered in this manual.
According to the PTO, patents give the patent holder “the right to
exclude all other parties from making or manufacturing, using, or selling
the invention within the United States, its territories and possessions.”
Once a patent examiner determines the invention is new and unique
and bears no resemblance to any patented invention, the United States
Government issues a Patent to the registrant.
The PTO issues three kinds of patents. Patents are not issued for
ideas. A patent application must contain at least one, if not several
drawings, to scale, of the invention. The three kinds of patents are:
Utility Patents - “for any new, useful, and non-obvious process,
machine, composition of matter, or any new, useful, and non-obvious
improvement of the above.”
As of June 8, 1995, the term of utility and plant patents was extended to
20 years from the date of application. Design patents are effective 14
years from the date of application.
The issuance of a patent grants the patent holder the right to exclude
others for making, using, or selling the invention. However, receiving a
patent does not automatically give the patent holder the right to make,
use or sell the invention. If you invent something, and someone else
patents an improvement, you cannot sell or manufacture your invention
without infringing on the new patent.
The saddest truth, however, is that patents don’t provide you with any
real protection. If someone copies your idea and begins producing it,
your only recourse is to go to court and endure lengthy and enormously
expensive litigation. The Patent Office is not a regulatory or policing
agency, and they won’t even guarantee your patent. 80% or more of all
patent infringements cases that go to court are overturned or ruled
invalid in court.
Of course, you are the only one who can decide whether pursuing a
patent is logical and reasonable. After all, if no one attempts to infringe,
you have 20 years to produce your patented product without any
competition.
Carefully consider the statistics. The process of getting your patent can
cost a bundle. Once you get it, you cannot stop another party from
copying you unless you are willing to initiate and endure a very long and
costly legal battle. Once in court, you are four times more likely to see
your patent claim overturned than stopping the infringement.
You can search patents online at the PTO website, or go to one of the
Patent and Trademark Depository Libraries. You can find a list of all the
Depository Libraries at the PTO Website by clicking on “Local sites.”
Some states have several Depository Libraries. Check recommended
books and Websites at the beginning of this chapter for more
information and resources on filing a patent yourself.
Most of the thousands of dollars paid to file patents are spent on patent
attorneys. The actual fees for filing depend on the type of application,
the complexity and number of claims, and whether you qualify for a
discount as a small business or individual. With or without an attorney,
you will still need to pay all fees. The average cost is between $400
and $1,000. Also, Utility Patents have anniversary dates which require
maintenance fees: after 3 ½ years, 7 ½ years, and 11 ½ years.
However you choose to proceed with the legal issues you face,
including patents and trademarks, keep a broad perspective of the goals
you had when you first began your business. A patent may be important
and necessary. Registering a trademark clearly is. Other forms and
documents, like incorporating, take time and energy and are important,
as well.
In everything you do, always consider the interests of your product and
your company first. Avoid situations that could result in expensive and
lengthy litigation. Sometimes you have to “take a step back” and
remove yourself emotionally from the decision for the welfare of the
company. Recognize that it is difficult, at times, to separate your
personal needs from the needs of your company.
INTRODUCTION A B C D E F GH I J K L M N O P Q R S T UV W XY Z LINKS
a
mm MASS MERCHANDISERS
M
Recommended Books
Recommended Websites
You are not unlike every other small business owner in dreaming of
ways to secure a contract with a mass merchandiser who will see
your products. $3 trillion (the actual listed figure is $2.7 trillion) is an
almost incomprehensible figure. As a merchant, it is only natural to
want a slice of that pie. Unfortunately, regardless of the product’s
appeal, mass merchandisers rarely take a chance with a small
company or a new, unknown, and untested product. One reason is
that shelf space is at a premium. Another reason is mass
merchandisers usually have their own label and market national
brands.
Once you can demonstrate high sales volume in other areas, your
chances of securing a contract with a mass merchandiser increase. If
you have had your product on radio or TV, in magazines, had a
successful Direct Mail campaign, or sold successfully in catalogs,
they will look more closely. These other marketing efforts can
positively influence a merchandiser’s decision, especially if you have
sales orders to demonstrate demand.
You must be the judge. Spend your time and money where you
believe the effort will be most productive. There is no set or pre-
determined formula. Take all the possibilities that are presented in
this volume, formulate a budget for what you plan to spend, and
begin the task of making your product known and desired.
The best reason to work with a rep is that your time can be free to
pursue other marketing avenues and to maintain the on-going
management of your business. As a manger, the more business
responsibility you are able to delegate to other professionals, the
more time you will have to create and develop every aspect of your
business. From marketing to finances to equipment design, give
others responsibility when possible and appropriate. Challenging
others with responsibility will give you the time to focus where you
are most needed.
If you do get a contract, be aware that you are at their mercy. Do not
expect them to treat you with common courtesy because they will
wield power in every way. They are mega-giants and your account is
not significant to them. Their behavior is neither consciously rude nor
deliberately demeaning. As an example, payment to you of goods
sold may take months, regardless of your efforts to collect. They may
discount your product without informing you, and leave you holding
the bill for the loss.
Before you rush into the agony and ecstasy of landing a sales
contract with a mass merchandiser, you might do well to study and
understand consumer-buying habits. A 14-volume study was
released recently called The 1995 Point-of-Purchase Advertising
Institute (POPAI) Consumer Buying Habits Study. Located in
Englewood, NJ, the Institute is an international trade association
active in legislative affairs that protect the interests of its members.
This extensive study was undertaken with Meyers Research Center
with three major objectives:
The POPAI study indicates that three fourths of all brand purchase
decisions are made in the store. This percentage is true at both
supermarkets and mass merchandise stores. Mass merchandise
shoppers tend to drive farther for good value, whereas supermarket
shoppers tend to maintain store loyalty. Mass merchandise shoppers
take time “to consider purchases in their overriding quest for value.”
Profiles of the mass merchandise shopper indicate that they are
young, less affluent, and more oriented toward the family than
supermarket shoppers. They are likely to bring family members with
them on shopping trips. For many consumers shopping is “a
family/social experience, and a clean environment and good service
are as important as value or excitement.”
These statistics offer a clue as to what shoppers are looking for, what
they do when they go shopping at a mass merchandise store, and
what they tend to buy. Though you may have a tremendous product,
consider some of the many other marketing opportunities before you
attempt to convince the big, mass merchandisers to display and sell
your product. The choice is yours, of course. Study your options
carefully, and seriously consider other activities as well.
Below you will find contact information for many of the biggest mass
merchandisers in the United States.
Bloomingdales’s By Mail
475 Knotter Dr. 203-271-5300
Cheshire. CT 06411 202-271-5321
Andrew Hannen, Buyer
John DiFrancesco, V.P. Marketing
N
Recommended Books
Recommended Websites
www.advertisingresults.com/usrpages/hanson.htm American
Classified Services offers a national advertising discount program that
allows you to place your ad in multiple publications for as low as $1-$2
a publication. With one order, and one payment you can be in multiple
states in multiple publications.
Newspapers
There are a number of reasons why even the best advertisement fails
to bring about substantial sales. An advertisement must be so
compelling that it catches the reader’s attention and literally ignites in
him/her the desire and decision to buy the product right then.
When you place a display ad, you are competing with other
advertisers for the attention of readers. Some of the other advertisers
may even be your competition. Just getting noticed is a big task for a
small display ad. Turning this casual or rushed, lackadaisical or harried
reader into a buyer from a relatively small, sometimes poorly printed,
two-dimensional newsprint advertisement necessitates a special offer.
Newspapers will sell to you, and you can buy as much space as you
want to purchase. The price is by the column inch. As you know,
advertising appears in almost every section, and classifieds advertising
is in a separate section. You can purchase a full-page, a ½ page, or a
¼ page space for a regular display ad or for an “advertorial” which
offers information or editorial content in addition to an advertisement. In
either case, you are going to pay a rate based in the column inch. If
you are determined to place newspaper advertising on your own, check
your paper for a few days to see what size you want to purchase.
Newspapers are more permanent than other media like radio or TV,
but not as permanent as magazines. Some people read through
newspapers at their leisure and often look through them a second time
to find an article or something of interest. It is a good idea to have
multiple exposures of your advertisement using the same format, with
only small changes or additions. You want readers to become familiar
with you from the appearance of your ad. As long as you are getting
responses, placing the same ad multiple times lends credibility to your
company and your offer.
Your advertisement can appear within a matter of days from the time
you submit it, depending on your choice for a first publication date. In
addition, responses to newspapers advertising can be immediate.
People read the offer, order right then, later in the day, or the next day.
Sometimes you can get the sheet pre-printed and delivered to the
newspaper offices where the carriers or other personnel insert it.
Whether you use an outside printer, or have the newspaper print your
insert, you will still have a per sheet charge based on the total
circulation. Before you rush to save a few nickels by hiring an outside
printer, calculate the cost of printing and delivery of the tens to
hundreds of thousands of copies by a small offset printing firm.
Very few people read the entire newspaper on a daily basis. People
read selective sections, and occasionally skim over others. The fact is
that even if you run your advertisement for a number of consecutive
days, only a percentage of the total potential circulation population is
going to see or read your offer.
No one can really tell you how many people will see or read your
advertisement. Just because a reader opens the page where your
advertisement is displayed, does not mean he/she will read your ad.
Just because someone reads the ad, does not mean he/she is paying
attention enough to make a decision to purchase either at that time or
in the future.
Find out if there is maximum number of words or lines allowed per ad,
and if there is an extra word charge. Ask them if they can bold
headlines. Ask if they work with other state Newspaper Associations
and if they can place your ad in other states for you. Ask if they have a
discount available for running more than one ad at a time, and if they
offer display space or just classified space. You will also want to know
their deadlines, where you send the ad, and how they want payment.
Once people begin to call from your ad, be sure to get their name,
address, phone number, and the best time to call them back. If you
have sales staff, have them speak with potential customers when they
phone in. Have them get the personal information, and set up a time for
a return call after they receive the free information. If a free
consultation is involved, schedule it right then, and make a note to call
the day before with a reminder.
3. Desire. You are the best. They believe you. Now offer the
irresistible that seals the deal. Make an offer they absolutely cannot
resist, a free consultation, offer a free booklet of information, a gift
certificate or coupon good for the purchase.
4. Action. Ask for the order. Ask the customer to take action. Ask
for the Sale. “Call Now!” Call Today, Limited Time Offer!”
This formula is a tried a true method for writing advertising that works.
Practice writing ads using the AIDA technique by cutting out classified
and display ads from your newspaper. Just clip some randomly, read
them over, and apply the principles. Use a pen to cross out
unnecessary words and a bold highlighter to emphasize words and
phrases that follow the AIDA method. List the words and phrases that
appeal to you for use in your own ads. If you take the time to rewrite
the ads more powerfully, you will get an idea of the flow of a strong ad.
Any newspaper has plenty of copy waiting for you practice your
knowledge and skills.
1. Make sure the headline is strong and bold. Pick your words
carefully so that statement pulls people to the ad. You want to draw
attention to yourself.
4. Keep paragraphs short. Make every word count. Use words and
phrases that excite.
Test your offer in several small publications before you spend a lot of
money. You want to know that your ad has draw, that people are
reading it, and that you will get responses. See if your competition is
using print media for advertising, and where they are advertising. This
investigation may take some time and effort, but you can learn from
what others already know. Check the newspaper carefully every day of
the week for more than one week to see what advertisements appear
in which sections.
Magazines
Much less money is spent annually on advertising in magazine than in
newspapers. In fact, of the media tabulated in 1996 and 1997 by the
Newspaper Association of America, magazines ranked 6th in overall
expenditures of advertising dollars. For media advertising, only cable
Television ranked lower in actual dollars spent.
Newspapers rarely deviate from their published rate cards. There are
always advertisers waiting to get published, and department stores and
grocery stores run regular specials. You can negotiate with magazines,
however. You may not get the price reduced, but you can get other
special amenities, and depending on the publication, you might get a
month free. Make the effort to get a special arrangement.
You know that magazines are much more visually appealing than
newspapers. Their slick, glossy paper and bright colors highlight
products. Magazines are also more permanent. They sit on coffee
tables, and in dentists’ and doctors’ offices for months. People turn to
them several times for relaxed and casual reading.
After you have given your mailing information, ask the representative if
they do “P.I.” or Joint Venture arrangements with advertisers. “P.I.” is
the abbreviation for “per inquiry”. In a Joint Venture or a P.I. deal, the
magazine or other media including TV shopping, radio, or newspapers,
advertises your product at no cost to you for a percentage of the
profits. What often happens is that the media company buys the
product at below wholesale from you, sells it above retail, and keeps
the difference.
The benefit to you is obviously a huge boost in sales. What you need to
do is evaluate whether the resulting sales will improve your cash flow
position. Too often product and service providers equate brisk sales
activity with increased cash flow until they see the income statement
for the period, and realize that profits were negligible. Successful
marketing begins with understanding of your cost per unit. With
services you do need to calculate your overhead and other costs.
Whatever you do, do not sell a product until you know what it costs you
to produce, unless you expect chance and luck to make you money in
business.
The goal of every business is to make money providing a product or
service of value. The only way you can know if the public or your
targeted market agrees that the product has value, is to market it to
them and see if they purchase your offer. The only way you can
determine whether selling this product is worth your time is if you make
money doing it. Otherwise, you are operating a charitable
organization. The only way you can make money is to understand
what your product costs you, so that you can build in profit to make the
whole endeavor worth your time.
Generally speaking PI deals work when you have four or five times
your cost in profits. Only PI deals with magazines, catalogs, and home
shopping networks require these large margins. The advertiser wants
profits too. Though it sounds like a huge figure, a number of
manufactured consumer products do have these margins. If you have
two or three times your cost as the final price, you have to realize that
most of your profits in a PI deal will go to the advertiser.
As an example, you have a $12 cost and you feel the product can sell
for $36. That is a $24 profit per unit, a pretty healthy profit. However,
to seal a “P.I.” deal, the magazine is willing to buy it for $24, but wants
to sell it for $48, putting you out of the league with your competition. If
you were to Direct Market your product to targeted customers through
mail and phone, or go to an Expo, or place a newspaper display ad, the
profits would be yours (minus the cost of the advertising.)
Negotiating “P. I.” deals and other forms of media joint ventures is not
easy. If you believe you have a beneficial product for the readership of
a magazine, be very persistent and insistent. The magazine’s business
is publishing a magazine. They depend on advertisers to support their
production expenses. Therefore, the likelihood of their promoting a
product is slim. They are more than willing to take your money to
advertise.
Before your friendly magazine rep hangs up, ask about writing an
article for the magazine. Get the deadlines for submission, the name of
editors, and other details like number of words, limitations on space for
drawings and pictures.
You are an expert in your field as much as anyone else. Write, or have
some one assist you in writing an article and submit it to your first
choice of potential magazines that might publish it. Give them time to
respond, but tell them you plan to submit it elsewhere. Consider writing
a series. If you can get an article published, find a way to mention your
company and your product or service. If nothing else, put the
information about your company in the biographical information about
you.
If you find that the display ad costs in the magazines of your choice are
too high for your budget, place a classified ad offering using the free
report or free consultation concept explained in the newspaper
section. Even the cost of placing a three-line classified ad in some
magazines will astound you.
INTRODUCTION AB CD E F GH I J K L M N O P Q R S T UV W XY Z LINKS
OUTDOOR ADVERTISING: SIGNS &
a
mm BILLBOARDS
0
Recommended Books
Recommended Websites
http://advertising.utexas.edu/world/Outdoor.html
The Department of Advertising at the Univ. of Texas at Austin offer
links to many Outdoor Advertising Companies’ Websites with the
city and state noted. Find a company near you to begin your
investigations.
www.signweb.com/links/SWParticipatingMembers.html - The
most complete list of original equipment manufacturers and sign
supply distributors, updated weekly. List is alphabetical so finding by
location is difficult. Most companies offer Websites so come here
after you have a list of names you want to investigate.
Signs are the oldest recorded form of advertising. Egyptian
merchants chiseled sales messages on stone tablets, and
positioned them along well-traveled public roads. These “billboards”
of olden times conveyed messages to pedestrian foot traffic in much
the same way as our colorful, image laden billboards send
messages to our highly mobile, automobile dependent society
today.
Signs and billboards dot the countryside and city skylines. Outdoor
advertising communicates with an audience in transit, or on the go
and away from home. Surprisingly, billboards were more prevalent
thirty years ago than today. In 1970, more than 90% of all outdoor
advertisers used billboards.
Some of these new locations include bus interiors and exteriors, and
bus shelters; park and street benches; newsstands; rapid transit
interiors, including inside train and subway stations, on platforms,
and inside the trains; in malls and on kiosks; in taxicabs and airport
terminals; sports arenas; and ski areas. Aerial advertising, using
blimps and planes, is a specialized form of outdoor advertising that
is very expensive but highly captivating when targeted at the right
audience.
The average cost to reach 1,000 adults with Eight Sheets posters is
$0.81, the cost to reach the same number with 30 Sheets averages
to $1.69, and the cost for the Rotary Bulletins is $3.68 per 1,000
adults.
Still, we all might learn from the newest kid on the block, the “dot
com” companies, who have recently embraced not only TV and
radio, but Outdoor Advertising, as well. Ironic as it is, the very
newest advertising category has embraced the very oldest form of
advertising with tremendous enthusiasm. If you drive in or around
any metropolitan area, you have seen this phenomenon for yourself.
Identify your product very clearly within this 2-3 second message.
Photographs say a great deal, so use words sparingly and
communicate through images. If you have a product that lends itself
to this simple message format, outdoor-advertising is likely to suit
you very well.
Advertisers pay one fee, but countless numbers of people see the
advertisement numerous times. Every other media requires that you
pay for additional displays, recordings, or viewings. Savvy marketers
and advertisers know that a potential customer usually needs to
view an advertisement more than once or twice before they make
the decision to purchase.
In 1998 the most frequent use of billboards was for local services
and amusements, followed by public transportation, hotels, and
resort advertisements. The third largest category for advertising in
Outdoor Advertising in 1998 was retail.
If you want to know the guidelines for your state, you can find your
state website at: www.state.(your state’s postal initials).us.
(Remove all parenthesis.) On the state websites, look for the state
agencies and go to the Department of Transportation. If you cannot
find the information on Outdoor Advertising Permits quickly, simply
email them and they will respond.
The OAAA lists ten good reasons why you should consider Outdoor
Advertising. To read through them all, go to their Website. In
summary, Outdoor Advertising is beautiful. Computer printing on
vinyl creates incredibly vibrant colors. This technique introduced in
the 1970’s has become an industry standard. 80% of billboards
today use vinyl rather than hand painted paper. Vinyl not only
produces more vibrant colors, it is more durable, images translate
precisely, and it is more versatile.
Whether you use vinyl or paper, the results are stunning. You can
extend your message in several ways. One is to list a phone number
which is toll-free to cellular phones, or rent the use of a low band
radio frequency near you which is normally not very expensive.
Research the companies that will give you the most reasonable
arrangement for your budget. It may not be your local vendor. Keep
in mind as you discuss the issue of multiple boards with them, that
broad coverage and saturation of a particular area involves multiple
boards to achieve the best results.
Unless you offer the toll-free phone number of a low band radio
frequency, you need to budget other media at the same time to give
potential buyers more detailed information on your product or
service. If your website is simple, broadcast it on the billboard in
strong bold letters. The frequency of viewing with Outdoor
Advertising is helpful only if the viewer has the opportunity to learn
more about your products through another media. If you try and say
too much on your billboard, the whole effort may fail. Keep the
billboards simple and beautiful and find other ways to get the
information to your customers.
Surveys show that, for the most part, Americans like Outdoor
Advertising. The industry has monitored public opinion for the last
25 years and results show that Americans overwhelmingly believe
that Outdoor Advertising is useful to drivers and provides beneficial
information while they are on the road. These independent polls,
conducted by various research organizations, demonstrate the
widespread belief that Outdoor Advertising is useful to business.
The key message of these polls, and many others that were taken in
the last 25 years, is that Americans support the concept of billboard
advertising, and believe that billboards are an important source of
information for travelers on the road.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
PUBLICITY, PRESS RELEASES & THE PRESS
mm KIT a
P
Recommended Books
Recommended Websites
The fact is that the media is continuously looking for stories. Stories
and information are the lifeblood of their industry. Whether you have
one or stage one, they are very likely to come as long as you write a
good press release. No matter who is covering the story, whether
newspaper, radio, or TV, the media company covers the costs of
reporting it and airing or printing it.
The media pays the expenses whether you are interviewed by your
local newspaper or by a large, metropolitan newspaper; whether you
are the invited guest on a local radio station; or interviewed on
nationally syndicated radio; or whether you are interviewed on
national TV news. In most cases you will pay your own travel, food
and lodging. Only the rich and famous receive amenities hosted by
others.
Publicity can be fun and exciting both for you, your company, and
the public. Be sure to order reprints of all articles and photos directly
from newspapers that publish stories about your company. Get
copies of videos from TV interviews and audios from radio
interviews. Get permission from these companies to use pre-
published information in brochures, company audios and videos, and
promotional efforts. Be sure to keep copies on file in the company
archives.
With no certainty that you will receive coverage and the possibility of
altered interpretations of your material, you are probably wondering
if seeking publicity is worth the effort. After all, you are busy enough
with every other detail involving your business without having to
think about anything so uncertain. The answer, of course, is a
resounding, Yes!
You want publicity, and not just because it is free. Focus on the
positive aspects of attracting free advertising to your business or
product. Publicity creates good solid public relations you cannot buy
for any price. Events that you sponsor, which attract the press,
create excitement in the community. If you get national attention, you
become an instant celebrity, an overnight local sensation.
This chapter addresses some of the steps you can take to create
desirable publicity from the press: writing a clear and succinct Press
Release and assembling a meaningful Press Kit. For more in-
depth information on these subjects, review the Recommended
Books and Websites at the beginning of this chapter.
As you have seen creating positive and beneficial publicity for your
business will require proactive involvement on your part. Securing
publicity requires attention to detail and a few skills which you can
acquire. One thing is certain, the media is unlikely to beat down
your door, but they will appear if you present a compelling reason for
them to do so. Once you secure some press coverage, keep the
momentum by supplying more information and updates, and by
creating additional events to sustain media interest in your company.
Decide on a central focus before you begin writing your first Press
Release. Your three choices are: the product, the business, or you.
Your focus can change at a later date, but keeping an “identity” to
one of these three entities gives the press a focus. Ask yourself
which is most interesting to the buying public. If you are a celebrity
or a star, or even a family member of a well-known personality, you
can build the business around yourself. People want to buy
products from you because they emulate you, they like you, your
looks, your work, or what you represent to them. If you are not in
this category (you should know), then you are left with the other two
choices.
To create publicity and grab the attention of the media, you want to
create a newsworthy event around your chosen focus. Remember,
the press is interested in news. The public is fascinated with the
human interest element which sometimes makes news of a
non-newsworthy event. Develop a strong, clear message because
people believe what they read in the press or watch on T.V. The
human interest element is much more appealing to the average
person than an advertisement. Learn to be subtle and you will have
the public in the palm of your hand with good press following you.
If you haven’t had an official opening, pick a date and time and invite
the press from your area. Invite friends and have all your employees
invite friends. Have an open house highlighting what is unique about
your facility or your product. If you’ve been in operation for a while,
your first event can be similar to an opening. You can connect the
event to an anniversary of your business. Be sure to invite
neighboring businesses in the area. If you don’t want people coming
into your plant or office, find a local non-profit group, or a school,
where you can create a special demonstration celebrating your
anniversary, and invite the press there.
Aligning yourself with non-profit organizations in your community is
good business. Non-profit organizations have mailing lists and
organizational affiliations themselves, and when you co-sponsor an
activity with one of them, your business will appear in their
newsletters and announcements. Creating the association may be
as simple as picking up the phone and inquiring about some activity
you can co-sponsor.
If for some reason you decide against an open house, then stage an
activity around a holiday or something related to your product or
product line. Whatever you do, you want to create as much
excitement as you can to attract the press and make the event
memorable. Build on the excitement as you plan more activities.
Extend your geographic circle of media contacts with each
successive activity, and watch your reputation grow geometrically.
With your focus in mind and the event decided, your next
consideration is a date. If you want an open-air, outside event, make
sure no rain or snow is in the forecast. Whenever you schedule an
outdoor event, a prudent plan is to pick a location where the
activities can be moved inside easily in the event of inclement
weather.
Remember your Press Release is offering news, and most news just
happens. You also don’t want to field a lot of questions in advance,
either. If you allow too much time, the press may call to get more
information and decide not to come. A good Press Release is so
important that you might want to draft the Press Release first. Make
sure it has all the necessary components, prior to picking your date.
If you are excited about the publicity prospect for your business, but
uncertain how to make preliminary plans for more that a few events,
the following list offers some ideas for events to which you could
invite the press. There are no right or wrong events. Your
imagination, and the imagination of your employees, friends, and
associates should bring lots of ideas to paper. Planning and
executing is up to you. Have fun, because the process should be
enjoyable, and if you are misrepresented, just plan another event to
set the situation straight. Give more the second time, more food,
more gifts, more decoration, and see if the press doesn’t become
more receptive.
Ideas for Press Events
1. Official Opening
2. 6 month Anniversary
3. 1st Anniversary
4. New hours
5. New location
6. New Product
7. New Services
8. New Staff
9. Awards or Recognition
10. Community Service Activity or Benefit
11. Appointment to a Committee
12. Appearance on national TV or radio
13. Holiday Specials
14. Holiday Celebration
15. An activity with a Non-Profit Organization
16. Present an award to a City Councilperson
17. Support of a Popular Legislative Initiative
18. Gift to the Schools
19. Teach a class or seminar
20. Publish a book or article
21. Attend an Expo or Trade Show
Your imagination is the only limit to the activities you can announce
in a Press Release or turn into an event to create awareness of your
company and your products. These events are not for selling, except
indirectly. For instance, have a guest book for people to sign as they
arrive. Plan a free raffle and have people fill out a ticket with their
address and phone number to capture mailing list information.
3. Include the 5 W’s: Who, What, Where, When, and Why. The
statement above naturally leads to a continuation:
(The XYZ Company plans a barbeque honoring retiring vice-
president, Tom Jones,) on May 24th at the Civic Plaza in Westville.
Festivities begin at noon. The first two sentences answer the 5 Ws:
Who: XYZ Company
What: a barbeque
Where: Civic Plaza in Westville
When: May 24th at noon
Why: vice-president Tom Jones is retiring
If this was all the information the newspaper printed, the public
would know enough about the event to decide whether or not to
come.
You can attach a fact sheet written with bullet points if you have a lot
more information you want to give the editors. The Press Release
itself must be simple and to the point. Be sure to mark the end of
the Press Release so there is no confusing your release with your
fact sheet. You can use a symbol like this: “###” or write “-end-“.
Either one centered on the line below your last line of your text is
proper form.
The important concept here is that the editors have short spots to
fill. Help them out by providing just the right amount of well-written
information that can be added without any editing. They might print
only a paragraph if that is all the space they have. If you have just
the right amount of information, with all the necessary facts and
figures, you could be selected. If not, you are material for the
trashcan, no matter how interesting your story. Read through a
newspaper with a hawk’s eye to see how much of what is really
relevant is relayed within the first few sentences.
After you have edited your Press Release, type or print it. Use a
Standard Press Release Format like the following:
1. Type the name and phone number of the contact person on the
upper left hand side of the page, flush against the margin. First write:
For More Information, Contact:
2. Skip two lines. Flush against the right margin, type “For Immediate
Release,” followed by the date. You can also type, “For Release On
(a specific date, such as) April 30, 1999,” or “For Release on or after
April 30, 1999.”
3. Skip two lines. Flush against the left margin write your title or
headline. Make it short and to the point. “Barbecue Planned,” or
“XYZ Company Plans Barbecue for Retiring VP.” The first headline
might draw in more readers. You can center this title in the middle of
the page, below the other information.
4. Skip two lines. Begin the body of the Press Release like a
newspaper article, such as, (Westville)…Write the body of your
Press Release.
Should you get a call, be sure to return all press inquires promptly,
and free your schedule for any requested interviews. If you are not
the listed contact person make sure that whomever you list is fully
capable of giving information and an interview about the company.
Your Press Kit is most attractive if you get some glossy black or
white folders with pockets on the inside. A big sticker featuring the
company logo makes the outside very attractive. You will find
abundant other uses for these sticker-logos so investigate the cost of
getting a gross made. In the left pocket, on the top, put a copy of
your current Press Release (if you have one). Under that you can
include the labeled Fact Sheet and a few photos. Include a headshot
of you, the President of the Company, a color glossy of the product
or product line, or a good color drawing. You can include several
photos, but remember the cost involved.
The top page on the right side should have a one-page description
of some vital statistics on the company. Include the name of the
company, who formed it, when and where it began, what the
products are, the number of employees, annual revenues, and other
pertinent information
You are the one to generate the stories and interest that bring the
press to your door. As CEO, you are the captain of team, in this
endeavor as well as all others. You decide what and how information
about your company is disseminated. Work with your staff to plan
the Press Kit. Write and develop the Press Releases, and plan the
events. Creating Publicity takes some time and effort. The process
can be a lot of fun, and tremendously rewarding as well.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
a
mm QUICK & QUALITY IDEAS THAT WORK
Q
Recommended Books
Recommended Websites
Brochures
Card Decks
http://postcards.cashconnection.com/Carddeck.htm
Cash Connection is an Internet Services Provider that mails a Card
Deck to 100,000 prospects four times a year. The site has full size
pictures of what Card Deck postcards look like.
www.acpinc.com/healthinfo/cardpack/main.html American
Custom Publishing supplies senior and consumer health information
products to more than 1,500 organizations. The Health Information
Resource Center, a member organization, offers two Card Pack
opportunities. The first targets 20,000 “senior level corporate
benefits/health administrators, and managed care executives. The
other reaches 20,000 health promotion program managers whose
responsibility is keeping employees and dependents healthy and
‘smart health conscious consumers.’ ”
www.groupcomputing.com/Information/AdvertisingInfo
Group Computing Magazine mails Card Decks to a list of 50,000,
and is a great targeted list for computer related products. This page
is hard to reach and at printing there were no apparent tabs or links
from the homepage. Email: sheryl@groupcomputing.com (remove
parenthesis), call 801-942-1431 for Card Deck Information, or fax a
letter
requesting Card Deck Info to: 801-942-6273.
www.vulcanpub.com/imdcd/advertising/directmail The
Industrial Machine Card Deck mails twice a year to 50,000
“contractors in the utility, marine, electrical, commercial and
industrial fields. They also mail to 50,000 “companies in highways
and streets, excavating and grading, bridges and tunnels, utilities
and sewers, landscaping, non-residential building, concrete and
other related industries.” If your product or service relates to these
areas, be sure to contact them.
www.market.comm/Interstate/carddeck.html -Interstate
Enterprises has a card deck program that allows you to test 400
cards for as little as $19.95 (you submit the camera-ready card). 400
cards might not be enough for an adequate test, but you can’t beat
the price. The average cost to get just one lead to become a
customer is more than $20.
Promotions
The common ground with these methods is that they will not cost a
lot of money, will not take too much time, and will bring you
customers. A combination of these systems alone can bring many
potential buyers to your door and secure their loyalty to you, as
well. Here are some Quick and Quality Ideas That Work.
Brochures
Since your staff time is limited, you may find that outsourcing the
first generation of brochures may be the simplest method for getting
the job done. You can plan to make additions, modifications, or
changes when you reprint.
You can make one fold of your brochure into an order form to
encourage people to cut and mail. Make sure you let them know the
ways they can pay you, i.e., checks, cashier’s checks, or credit
cards. If you accept major credit cards, leave adequate spaces for
your customers to write the information needed to process the
request. The name as it appears on the credit card, the expiration
date, and the full 16-digit number, are usually sufficient. Call your
merchant card services company to verify the information you need
to place phone and mail orders.
The cost of Card Deck postcards ranges from 1.2 cents a card
to around 5 cents per card per mailing. Most companies have a
price scale so that you can send your offer to less than their entire
list, but the cost per card is more. When and how often mailings are
sent varies from company to company, but each has published
mailing dates and closing dates for inclusion
A full postcard is the standard size for card decks. Many companies
offer a ¼ card, which is literally ¼ of a card with margins all around
(so it is not very big) where you list your information with three other
businesses or opportunities. Information is on one side and the back
is preprinted with your address for the prospect to return the
postcard to you for more information. A jumbo card is the size of an
extra large postcard. Card Deck companies permit only a few
jumbos per mailing, so you have to get your name in early to
reserve one of those.
Consumers do enjoy receiving card decks and will read through the
contents. A postcard is adequate enough space to stimulate the
reader to inquire for more information. The space is similar to a
display ad described in Chapter N-Newspapers and Magazines.
Follow the same format explained in Chapter N for writing a strong
classified advertisement. Use the A-I-D-A formula and always stress
the benefits.
Make sure that you obtain all the data you want from your new
prospect on the message section on the back of the card. In
particular, have them list all phone numbers including home, work,
fax, and cell. Get an email address. Start building an email file. Ask
them if they would like to receive communication, information, or
product updates through email.
Card Decks are reputed to offer the lowest cost per lead of any
marketing or advertising method in any genre. It is your job, of
course, to make buyers out of leads. Special incentives, discounts,
and additional offers will often tip the balance in your favor if a
prospect is uncertain whether to buy or not. There are no
guarantees on the number of responses you will get, but historically
vendors receive an average of 300 responses to Card Deck offers.
Depending on your product, your offer, and the number of cards you
elect to send, you may get many more.
You want qualified buyers, people who have put forth a slight bit of
effort to reach you because they want to buy your product or
service. Offer a bonus if they mail the card within the next 10 days. If
you decide to provide an 800 number, be sure you and your staff
are prepared to handle the calls.
Also known as credit card syndications, these are the product and
service offers you receive with your monthly charge account bills
from gas companies, department stores, and major credit card
companies like Visa, MasterCard, American Express, and Discover.
The offers are printed on colorful glossy paper and enclosed with
the bill by the credit card company. Sometimes offers are printed on
the reverse side of the return payment envelope with a tear-off flap
order form for the customer to include when they make their monthly
payment.
A good place to start is with the bank that services your credit
card(s) and at the bank where you maintain your personal and
business accounts. Get the name of other credit card companies
from friends and relatives. Call customer service to request a list of
companies that provide products to your bank. Tell the customer
service representative that you have a tremendous product to offer
as part of their direct mail advertising, and ask them to direct you to
the person responsible at that bank.
Two companies that you can contact regarding your product for
syndication are listed below. Send a brief sales letter and brochure,
or call first and see if they would like a sample as well. If you just
mail, be sure to call within a week to see if the sales letter arrived
and to inquire if they would like to see a sample.
Door Hangers
Your local printer can create a “flyer” for you using a standard
template to print a notice that will slip over a doorknob. The cut
extends several inches below the opening for knob itself, so you can
quickly and easily slip a “flyer” over most residential door handles.
Door hangers are legal to use. If you want to double check on the
legality or advisability of using them in your community, call your city
or county offices.
A very community-friendly approach to using door hangers is to give
the individuals who are hanging them for you some brochures,
flyers, or sealed envelopes with the same information. They can ring
the doorbell, smile, and hand deliver the information if someone
answers the door. “We want to let you know about our special sale,”
or “This is an invitation for you to come to our Open House.” Make
sure a phone number is listed for people to call for more information.
After your worker has delivered the notice, they should say
something like: “Please come,” and then leave.
You can hire junior high and high school students to place these
door hangers. If someone tries to engage them in conversation,
they need to keep moving and say: “Call the phone number inside.
They can give you all the details. I am just taking this information
from house to house for them.”
Merchant Discounts:
Coupons and Direct Mailers
From previous chapters you know that there are a number of ways
you can offer discount and incentive programs through your own
advertising. You can create your own coupon book for your
products, either as a fundraiser with a local charity or for the benefit
of your customers and clients.
Merchant discounts vary, but the savings is quite often significant for
customers or potential customers. Merchant discount programs take
many forms. Some are in the form of a booklet of removable
coupons, others are plastic or paper cards that are punched for a
specific number of purchases, and still others are separate coupons
that arrive in an envelope in the mail.
Package Inserts
Promotional Products
The PPAI says that the first promotional product coincided with the
birth of this country when someone issued commemorative buttons
in honor of George Washington’s inauguration. Since that day, the
industry has grown to nearly $12 billion a year by some accounts.
Promotional items work and they are a definite bonus to any
marketing campaign.
Use the other techniques and programs as you feel inclined to add
another feature to your marketing program. Card decks, merchant
discount programs, promotional products, and package inserts will
not take much of your time or resources, but are all likely to
contribute to sales and the growth of your customer database.
Credit card promotions may take some time and effort, but if your
product is right for the medium, you could stumble onto a gold mine.
All of these programs are fun, and they offer quality returns.
INTRODUCTION AB CD E F GH I J K L M N O P Q R S T UV W XY Z LINKS
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Recommended Books
Recommended Websites
http://members.aol.com/_ht_a/radioinfom/page/index.htm- Find
out more about production and purchasing time slots for a 30 minute
radio infomercial here. Mide Consulting will assist you. They receive
commission from the stations, so ask all the questions you need to
understand the process.
www.radioairtime.com/buyradio.htm - Radio Airtime has
affordable rates nationwide for commercials and infomercials.
Whether you are looking for 30 or 60 second spot, or a radio
infomercial, compare their prices with local quotes to find the best
deal for you. 1-888-368-4252.
www.radiotalk.org/alltalk.html - This website lists stations with
a talk only format in the U.S. by call letters, city, state, and dial
settings. Link to each website. Get a list of News/Talk stations as
well.
www.rronline.com - “The Radio and Records Industries
Information Leader.” You can find websites for many talk radio
stations by scrolling to Radio Websites and clicking on News/Talk.
www.web-radio.fm/fr_newstalk.html - A Directory of News/Talk
Radio stations in Canada and the U.S. Listed by call letters, dial
settings, city & state or province.
Radio is more a part of our lives than any other media. Virtually
everyone listens to the radio. Statistics show that 98% of Americans
households have radios, and 95% of our cars have radios. Figures
also show that 95.5% of Americans listen to the radio every week.
We wake to it every morning to get the traffic, news, and weather
before leaving home. We drive to work and home again with the
radio entertaining us. We play it on the way to shopping and while
taking the kids around town. We listen while doing household chores
and fixing things in the workshop. We have the radio on while doing
yard work and gardening. We even listen to the radio while working
on the computer.
Most adults listen to the radio for as much as three hours a day.
Radio delivers information that helps us plan our lives. We develop
a natural affinity and belief in what we hear. The trust we develop in
what we hear on the radio has a positive effect on the credibility of
radio advertising. Advertising is legitimatised because of the other
functions radios serve for us.
Radios are universal, accessible, and personal. Radios are close to
us, in our bedrooms, bathrooms, and virtually every room of our
homes. The radio is a friend. People feel very sociable with the
hosts of programs that they listen to regularly. There is a
relationship of trust and faith that radio will provide us with the
information we need and want.
Most households have at least 5 radios, one in each car, one in the
bedroom, one in the kitchen, and one in the family room or living
room. In addition, teenagers have their own radio-stereos. The radio
can be on in virtually every room of the house, with four or five
stations playing at one time.
Radio allows us to have our hands and eyes free to do other things
while we listen. It either entertains us or provides information while
we are busy with other activities. Research shows what successful
advertisers know: listeners retain information from radio
advertisements even though they are involved in other activities at
the time. Be one of those special advertisers that informs and
makes people stop, listen, and pay attention to your message!
You will find all the radio stations that broadcast in your area in the
Yellow Pages, or you can access them on the Internet. Radio
stations are often listed in the entertainment section of the Sunday
newspaper. Call each station and ask for the ad rate sheet to get an
idea of the prices for different time slots in your area. Also ask each
station their specialty i.e., news/talk, all news, classical, jazz, top 40,
oldies, country-western etc.
There are more than 20 different radio formats in the United States
today, and more than 10,000 radio stations. Beginning to advertise
locally in your area makes the most sense. In addition to the ad
sheet, ask each station if they have demographic information on
their listeners. Tell them you are planning to buy advertising and you
want to know who listens to their station.
You personally do not need to research the stations, call them, and
ask for rates and demographics. Have someone do this for you,
and study the information. If creating radio advertising feels
premature to you now, get the information and look at the prices so
you know what to expect. You may be pleasantly surprised how cost
effective and relatively inexpensive radio advertising can be.
Another great feature of most radio advertising is that you can target
a specific geographic area with your message, unless you advertise
during a nationally syndicated program. It is unlikely you will start
radio advertising with a national show. Test your ad in a local region
where you can use other media to support the radio advertisement.
Place an ad in your local newspaper at the very same time you are
running radio ads. Link the newspaper to the radio advertisement so
the reader immediately makes a connection between the two. Use
the same key words and phrases. In the print ad, use a picture of
the product if appropriate, list your company address, phone
number, and website. Highlight all the benefits again. Remember,
potential customers need to see a product or service advertised a
number of times. Radio reinforces what they read. What they read
and see in the newspaper comes immediately comes to mind when
they hear about it on the radio.
Start a Direct Mail campaign after you have run your radio
advertising for a week or so, and refer to the radio station on which
you advertise in your sales letter. Direct Mail can target a
geographic area more thoroughly than any other advertising.
Sometimes people toss what appears to be advertising aside, or
directly in the trash. Send a number of different pieces, including a
free gift or gift certificate, to the same household in a Direct Mail
campaign.
Radio offers the unique opportunity to air your message in the time
periods of a 24-hour day that you want to have your message
broadcast. Plan your first radio advertising campaign for a relatively
short but concentrated period of time. Start with two or three weeks,
and plan to run more than one spot a day. In fact, run several spots
a day, several times a week. You want potential customers to hear
your advertisement more than once. Any one of the above
mentioned media will reinforce your radio message.
This one campaign for the radio alone could cost anywhere from a
thousand to several thousand dollars depending on the targeted
area. That figure is just the cost of the airtime. You have the costs of
producing the actual commercial, as well.
Create the commercial yourself. Who else knows your product or
service as well as you? After all, you write the copy for all your other
advertising. The radio station may attempt to convince you that their
staff has experience and knowledge. What they are offering to do
will make your product sound like every other product. They are
likely to insist there will be no extra charge.
You may know that it takes longer to speak a message than it does
to read it. Most 30-second spots contain less than 70 words.
Mention your company by name at least three or four times during
your spot to reinforce who you are. You may not have the best voice
to record the version that airs, but practice your radio commercial on
a number of people to get feedback on the sound, rhythm and
content of the spot. Make any adjustments and additions before
hiring a professional to record it.
Approach the radio station you selected to see if a host from one of
their shows will tape your message, or for recommendations of
experienced local talent. The rhythm of the spoken word has a
cadence to it that professionals know and understand. Sound travels
across the radio airwaves differently than if you are having a
conversation or speaking to someone directly. Regardless of who
performs the message, you want a clean, clear tape for the station
to play.
When you are writing your offer, remember the abbreviations, KISS:
Keep It Simple, Silly. Without visuals you rely on the listener to
conjure up images that make what you present real and alive. As
with most advertising copy, less is actually more. Use the same
guidelines repeated throughout this manual, AIDA: Attention,
Interest, Desire, and Action.
Follow your benefits with some offer that creates the Desire.
Something FREE always gets people wanting what you have.
Finally, close with a call to Action. Get them to call, come by, write,
look in the Yellow Pages, or direct them to a website or Billboard.
When giving an address, leave out the numbers and just give the
cross streets, as “located on 8th & Pine next to---.” Phone numbers
on radio are very difficult to use unless the number is very simple.
Though you can buy both 30 second and 60 second time slots, in
many areas the 60 second spot is only 1/3 more than the 30 second
spot, which gives you more value for your money. Part of your time
is absorbed repeating the company and product name, and
repeating directions and or a phone number. Seriously consider
paying for the added length of a 60 second spot so you can hold the
audience captive and deliver your message adequately.
Though the event provides great publicity, the real advantage to you
are the live airings of your spots. You may be able to negotiate as
many as 30 or more spots while they are on location at your place of
business. You can bet that people listening will know where you are
located by the end of the day.
Big Radio Events are fun. The first time will involve some extra
planning by you and your staff to create a day that is enjoyable for
everyone. Be sure to get a list from the station of all the supplies,
i.e., large tables, chairs, display boards, electrical equipment, etc.
that they need you to provide. Have extra tape, markers, and display
boards available. Shopping for needed items the day of the event is
no fun for anyone.
After the event, send a hand written note to both the DJs and the
station manager thanking them for their time. Include a product, if
feasible, or a small gift with your logo. They are likely to remember
you next time you invite them back.
Talk Radio is another FREE radio opportunity for you. You will need
to brush up on the facts and figures of your industry or a special
interest of yours that you can link to your product and/or your
company. Being a guest on Talk Radio at any of the nearly 1,000
exclusively Talk Radio stations, or any one of the over 3,000
News/Talk stations in the United States is not that difficult to
arrange. Canada also has a number of Talk Radio stations. Each
one of these stations needs guests everyday.
You can be a guest on any Talk Radio show in the United States or
Canada. The station manager or the host of the show calls guests
who are a long distance from the radio station for a remote
interview. Distance creates a mystique and importance about you
and what you have to say. The radio station will call you at a
designated time either at your home or in your office. The host
interviews you as though you were sitting next to him/her in the
station.
Any topic works for Talk Radio. Remember, more than 3,000 radio
stations schedule guests at least five days a week. Any topic on
which you can speak with some authority that has anything to do
with making life easier or more enjoyable and fun will work.
Combine the ideas of several experts and develop a new
perspective on some issue of local or national importance. Pick a
topic or subject that you can relate to your products and/or your
company so you can mention them sensitively at least several
times.
You must believe in the subjects about which you speak. Unless you
have a great passion or interest in your topic, you will not appear to
have the conviction that is necessary. Take some time to develop
your ideas. Talk Radio offers you a tremendous opportunity for
exposure to a large audience. It is reasonable and logical that you
want people to know how your company and how your products are
solving problems or making the quality of life better for people.
P.I. stands for per inquiry and it amounts to the radio station joint
venturing with you on your product. Since radio stations are in the
business of entertainment and not advertising and sales, finding a
situation that works will take time. However, if time is what you
have, then definitely pursue this opportunity. Two sources for radio
stations that you may want to consult, besides those listed in the
Recommended Websites, are the Broadcast Yearbook on U.S. radio
stations, and the Standard Rate and Data Services Directory on
Spot Radio (SRDS). You can find these at your public library, or
have your librarian borrow them from another library.
If you use the Internet, you can attempt an email to the station’s
Marketing and Sales Manager. You may want to find names of
individuals by either calling or checking reference books. You can
email the station and ask for the name of the individual involved in
arranging PI deals. There are over 10,000 radio stations in the U.S.,
and each one advertises. You can start anywhere, but if you start
near home you can visit them personally with samples of your
product. It may not take long to reach a station that shows interest
or it may take awhile.
Write a short cover letter reiterating the oral agreements that you
have made with them, and mention the enclosure of the product
sample and/or brochures. Ask them to review the contract at their
earliest convenience, copy, sign, and return to you in the enclosed
envelope.
Tell the radio station you have the facilities for fulfillment (whether
you do or not, you will by the time the orders come in), and that they
will get a report weekly or monthly. Dedicate a separate 800 line so
that you do not mix the responses to these radio ads with any other
advertising.
To get a first run cost, divide the cost of the production of spot plus
the cost to purchase the first airtime by the number of thousands of
listeners. Every additional run is the cost of that broadcast divided
by the thousands of people projected to be listening at that point in
time. Another way is to amortize the production costs for the entire
commercial. Regardless, the cost is likely to be considerably less
than a dollar per person for each broadcast.
S
Recommended Books
365 Sales Tips for Winning Business by Anne Miller- This book is
a guide based on the author’s Year-in-a-Box calendar of the same
name. Designed as a tip-of-the-day inspiration for the sales person,
the book provides ideas, thoughts, and insights every day of the year.
Sample areas include: probing, listening, presenting, handling
objections, closing, negotiating, building relationships, creative
thinking, working smart, and attitude and motivation.
2000 Professional’s Guide to Target Marketing: How to Gain
Profitable New Business by David W. Cottle This book is about
establishing relationships with your customers that are meaningful and
sustainable. You know you are successful when your clients
appreciate the help and assistance you give them as a professional.
Included in the book are chapters on How to Get More and Better
Referrals, The Anatomy of a Sale, Making Your Telephone a ‘Power
Tool,’ Prospecting, Presenting Your Solution, How to Handle
Objections, Planning for the Future with Your Clients, and much
more.
Recommended Websites
The reality is very few people like to sell, and even smaller numbers
admit to enjoying the process. Ask ten people if they like to sell. Most
will respond with an emphatic, “No!” Estimates are that more than
90% of Americans tremendously dislike selling. However, throughout
our lives, whether we acknowledge it or not, we are involved in selling
ourselves. From your first job, and every one thereafter, you have to
sell yourself in the most convincing manner possible. The college
application process is a sales job. It has been for decades, but ask
any college-bound senior about the process today.
If you are a new business owner, your willingness to sell, not your
ability, is as integral to your success in business as you or your
product. You have to sell. If you have been in business for some time,
no doubt you have discovered that you are still the #1 salesperson in
your company, regardless of the number of the ace professionals you
have hired to do the job. Success at selling has more to do with
motivation and attitude than skill or experience.
You can study motivational theory, and polish some techniques. The
sales process is a series of progressive and somewhat routine steps
that culminate successfully when the buyer agrees to purchase. The
process of selling any customer does not end until you, the sales
person, decide you no longer want to associate with that prospect.
You must always be in control of the process. Never close the door on
a potential customer until you are certain that is what you want. If a
buyer states they are not interested or that they don’t have the money,
understand that those statements mean that they are not interested at
that moment. Most likely those statements indicate that they still have
some questions. Handle objections as a unarticulated request for
more information.
Ask your prospect for permission to add their name to the Direct Mail
list. Mention that you think they will find the information useful and
informative. Mention that you will call them back in about a month. If
their name came from the Direct Mail list follow the same procedure,
and continue to send them the letters, postcards, and offers that leave
the office. After a month, be sure to call the prospect to see how
things are going for them. You will be surprised how their attitude has
changed. The reason: you care enough to remember them and call.
The new style virtually abandons the hard sell approach of the past,
that pushy, forceful manner customarily apparent in traditional sales.
The new attitude is “customer friendly,” and focuses on discovering
and serving the needs and desires of potential clients. To some this
new style is considered non-conventional selling. Others find that
prospects respond enthusiastically when a sales person shows
genuine interest in their individual and particular needs. When a sales
person takes the time and cares about them as an individual, the
prospect’s receptivity turns the selling process into a way of fulfilling
needs.
The new sales model is all about personal interaction, and building a
relationship of trust with your prospects. You help buyers discover
they want your product because they believe your product will make a
difference in their lives. The process happens in three predictable
steps. First, establish a relationship of trust by asking the right
questions of each prospect. Second, discover their unique needs by
listening to their concerns and desires. Third, eliminate any objections
by presenting the right supportive material to back your claims.
In the sales process, customers buy product. First, however, they buy
you. The simple fact is that unless customers get a good feeling from
you, they will not buy anything from you. This is the main reason why
the tactics of coercion and pressure from years past no longer work in
sales. The public has many, many choices, and many, many brands.
Selling has become a question of winning the hearts and minds of the
consumer. Savvy customers know other opportunities to purchase
similar products will arise, and many will wait before leaping into a
purchase.
The key to your success is knowing how to Close the Sale. The most
difficult skill to master in the selling process is how to maneuver,
create, and execute an easy and positive conclusion to your
presentation whether it is in person, on the phone, at a trade show, or
in a retail location. For this reason, the rest of this chapter is devoted
to discussing ways to bring about this important, pivotal point in the
sales process.
Encourage them to talk. Use what you learn to guide the conversation
to the benefits of the product. The more the prospect articulates
his/her wants and needs, the more you can relate the ways your
product can help them. Let them talk about themselves while you
make notes on how your product or service will make their life better.
If you are sitting across the table, nod your head in agreement, and
write down a word or phrase that can return the focus to closing the
sale. If you are on the phone, take all the notes you want, stop them,
ask them to repeat what they just said. Constantly be solicitous.
In every company, with every product ever sold, you will always
encounter totally disinterested and completely objectionable human
beings. People who refuse to take at least a neutral position do not
represent failures on your part. Do not waste your time laboring to
convince someone who won’t be convinced when the world is full of
people who are open and interested
The last emotion you should feel in these cases is rejection. Some
people are stuck where they are, for whatever reasons. Accept the
fact that you are unlikely to interest them, regardless of what you say.
Some people decide against your product or service before you have
a chance to begin speaking.
If you have ever sold anything, you know the personality, so find an
easy exit and leave. Use something they say and be on your way.
You can say: “I understand your position, and I respect your opinion.
Now I have to go.” Gather yourself, and move on. Forget about those
who have no desire. Keep moving down your list looking for the next
interested, open, and excited prospect. A phrase, perhaps over-used,
goes like this: “Some will. Some won’t. So what? Someone’s
waiting…”
When you state your intentions early, from the beginning, you can
relax and let the prospect talk. When the moment presents itself,
swing the conversation back to your stated intentions to offer or sell
them your product. What you are selling is offering an opportunity for
them. You want to give those that will look, learn, and listen the
chance to purchase your product or service because it can make a
real difference in their lives.
There is a turning point, when you and the customer are in agreement
that he/she will buy now or at a later date. All that remains is
completing the necessary paperwork. You know when that moment
arrives. The close is a process, but that mutual agreement is a
particular point in time. You breathe a sigh of relief, internally and
externally. You relax. A smile breaks across your face, from ear to
ear. The questions and objections of this prospect, now new
customer, are over. You made a sale.
There are some specific steps you can take to make the closing
process smoother. First, throughout your conversation seek
continuous agreement. Make very general and broad statements and
remember to continue asking simple questions, particular to what the
prospect is saying, like: “Do you feel you or your family could benefit
from ---?” Whether you are on the phone, in a one-on-one, face-to
face presentation, or presenting to a group, always ask questions in
order to get affirmative answers. “Do you understand how this works?”
“Does this meet some of your needs or concerns about---?” Get your
prospect to say “yes” a half dozen or more times, and the final
affirmative, to purchase, will come naturally.
By now, you probably realize that the best salespeople are the best
listeners. They ask questions that prompt prospects to talk about their
concerns and needs. People want to talk about themselves. You want
to sell to them. People want to improve the quality of their lives and
the lives of their families. You want to sell to them. They want
someone to listen to them. Be the person that listens to them.
Bring the prospect and the product together in one statement, like:
“From what you’ve been telling me, it sounds like X will be very helpful
in your house and for your family.” Pause for a moment. If the
prospect doesn’t object, then say, “So, can you see yourself using X?
Great! The next step is to fill out the paperwork.”
There is a maxim that goes: “People love to buy but hate to be sold.” If
you begin the sale with the Close, then you can spend your time
selling by helping your potential customers to buy. Let them know you
care about helping them solve their problems, and they will respond
positively to your offer.
Address just one aspect of your customer’s life with genuine and
sincere concern, and you can make sales all day long. Take the time
needed to create a situation where your prospects trust you and your
opinions. See yourself as a messenger spreading good news. Watch
how quickly customers and prospects value your suggestions and the
recommendations that you offer. Be an advisor, an authority they
trust. Once they believe the options you offer will make a difference in
their lives, you will have customers for life.
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
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Recommended Books
Successful Cold Call Selling: Over 100 New Ideas, Scripts, and
Examples form the Nation’s Foremost Sales Trainer by Lee
Boyan – This is the 2nd Edition of this book, hence the “New” ideas.
Mr. Boyan helps readers understand their objectives while
demonstrating the importance of hearing and responding to the
customer’s needs. He provides step-by-step guidance in developing
a script and plan for the sales process. This book is about cold-
calling, but the information is helpful for all sales encounters.
Telephone Sales Management and Motivation Made Easy by Valerie
Sloane, Theresa A. Jackson - This book is about how to hire
wisely, motivate successfully, and ultimately gain the most from your
staff as well as your technology, and includes 50 creative sales
contests to stimulate interest and increase productivity.
Recommended Websites
http://salesdoctors.com/welcome/besttelesales.htm
The Sales Doctors website has hundreds of useful, practical, and
concise articles. This one is entitled: “Telephone Sales Ideas: 42
Tips For More Effective, Powerful Telephone Sales-Telesales
Campaigns.”
Every business has the need for good telemarketing skills. Even if
you haven’t started a telemarketing campaign, most of your
customer service matters are handled over the phone. You and your
staff need the skills and knowledge to turn an upset customer into an
ally and friend again. Many of the same skills are used in telephone
sales. Telemarketing with the right product offers and a carefully
developed script is the most powerful sales method next to one on
one, face-to-face sales. Though you can’t see the customer, you
have the opportunity to interact verbally, and exchange ideas,
thoughts, needs and desires.
Before you make any calls, prepare in your mind, and on paper with
your script, exactly what you want to accomplish with each set of
calls. Begin with an easy set of calls as a sort of warm-up. This
might consist of courtesy calls to existing clients. You can progress
to leads from other sources, such as leads from ads, postcards,
direct mail, trade shows, or referrals from clients. In all of these
cases, the prospect has some relationship to the company, so none
of these are actually “cold calls.”
Hi. This is (your name) from (XYA Company). Your friend and
our client Mary Sue Brennan suggested I call you about our
(Product). How are you today? (Pause) Do you have a few
moments to talk now?
Use the pad on the desk to write the client’s name at the top of the
page. You can either do this before dialing the number or while you
are waiting for an answer. You don’t have to keep the entire list in
front of you or worry about losing your place. Not knowing whom you
called is very embarrassing. If you reach someone, use this sheet to
make notes about the person, their questions, concerns etc.
Use the notepad to jog your memory about the conversation. You
don’t need elaborate notes. Use single words and phrases if you
can. It is perfectly acceptable to ask questions or ask the prospect to
repeat something. You can appear very sympathetic, understanding
and interested by occasionally inserting comments like: “That’s true,”
or “I know what you mean.”
When you conclude the call, write the phone number next to the
name before you make another call. If you have Jim Smith at the top
of the pad, and there is no answer, make a notation on the master
sheet with the date and time you called. That way you know not to
call at the same time another day. If there is an answering machine,
which there almost always is these days, you have a golden
opportunity to leave a highly compelling, exciting message:
Hi, Jim, this is (your name) from (XYZ Company). Jim, I met you
at our booth at the KZ Tradeshow earlier this month. (If you are
calling from the lead list from the Tradeshow, you can say this
whether it is true to your knowledge or not, because it could be.) I
have some exciting specials coming up soon. Call me at your
earliest convenience at 222-2222. Ask for (your name), that’s
me, and I’ll tell you all about them. Call soon! I look forward to
hearing from you.
Begin with an outline of the topics you want the script to cover.
Everyone can dial a phone, say “hi”, and read from a script, but not
everyone has the ability to “think on their feet” when someone else is
on the other end of the line. Once you have a script written, role play
with a few employees at a time. It is up to you to decide who can
handle the job, and whose talents are best used in other areas.
Create large caption headings on topic areas for which you
anticipate telemarketers will need familiarity. If these are in big and
bold typeface, your staff can easily jump to another topic:
5. Offer some closing phrases that seal the offer. A favorite is this:
“Have I answered your questions? Okay, great. Tell me (their
name), can you see yourself getting the----- for yourself or a
friend?” If they say no. Then you ask again, “So do you have
more questions?”
After the script is written and read aloud several times, you will know
where it needs revising and editing. Your staff has to feel absolutely
comfortable with the script, and they should practice several times a
day with each other to gain familiarity. At some point, they will need
to begin making calls, and give the effort the best they can.
The testing phase is important because you will get feedback on
how effective it is. Begin by calling family and associates. Ask them
to take the process seriously, and tell your staff to be serious. It is
possible for everyone to break into hilarity. That is not the point.
After the “interview” is concluded, you can have the staff ask the
“prospect” for some feedback. If you have customers who are good
friends and associates, ask them if they would assist you and the
staff in a trial run.
Begin using your new script on existing clients. You want to keep in
touch with them anyway. If you need to adapt the introduction, you
can.
There are many benefits to developing a script. You can track the
effectiveness and evaluate various approaches if everyone is
working from the same message. The script is the neutral factor.
How your staff manages will reveal to you who is natural at
telemarketing and who has difficulty.
Hi! This is (your name) from (the XYZ Company). We met you at
the New York Show on August 15. How are you doing today?
Can you see yourself using the products or buying them for
friends?
Once they say yes to that simple statement, you ask for the order.
Do not hesitate. Find a time in their schedule when you can call to
take the order. Write it down in a day-timer or diary. If they say they
are going to mail it, ask: Great! When can we expect to receive
it? Write it down and follow-up. Let shipping or billing know an order
is expected. Sometimes it takes this kind of precise attention to
detail to make operations move from low gear into high.
Cold calls involve calling people with whom you have had no
previous contact. Usually you purchase these names and numbers
from a lead-generating company, or list broker. You can purchase
lists that are targeted to your ideal customer profile, people in your
own community, or many other characteristics you identify. Ideally,
you can generate enough interested prospects that you do not have
to “cold call.”
U
Recommended websites
Recommended Books
How to Obtain Local, State, and Federal Help for Your Business
by Ted Wooley – This book of highly useful information is available
from the Horizons Unlimited Group at www.insiderreports.com or
toll-free at 888-985-8585. Since billions of dollars are loaned or
given away, you should investigate positioning your company to
gain the most from this opportunity. This Insider Report covers the
entire spectrum of government assistance to businesses from
government loan guarantees to grants.
Recommended Websites
You can receive training and assistance from the government, and
you can participate in the contract bidding system to sell virtually
every known commodity to the many U.S. government agencies and
departments, as well as all state and many county governments, as
well. Below is a summary of SBA’s loan guarantee programs.
Following that discussion is information on how to find federal, state,
and local procurement opportunities.
Even more astounding is that 97% of all U.S. exporters are small
businesses. Of 209,000 U.S. export businesses, 202,000 are small
businesses. SBA administrator, Aida Alvarez, stated on November
30, 1999, “Small businesses are leading the way when it comes to
exporting. They account for almost a third of all U.S. export sales.
The SBA is committed to helping this growth continue and that’s
why we’re reaching out to America’s 24 million small businesses in
cities and counties throughout the nation.”
The SBA has a portfolio of more than $45 billion in business loans,
loan guarantees, and disaster loans, making it the largest single
financial backer of small business in the country. In the last few
years, more than one million small businesses received offers of
assistance.
The SBA defines a small business as one that employs less than
500 people, or has annual revenue of less than $10 million. There
are variations by industry, but in general more than 97% of all U.S.
businesses qualify for SBA loan guarantees under these standards.
Other criteria are that the business must be a for-profit business that
it is independently owned and operated, and not dominant in its
industry.
In 1997, the SBA guaranteed more than $11 billion to nearly 50,000
businesses. According to SBA figures, their guarantee of nearly $29
million in recent years has made funding possible to 200,000 small
businesses that would not have had access to capital from other
sources.
The SBA currently has a list of over 200 preferred lenders, and over
500 certified lenders. However, the best place to start is with your
own bank. The branch manager is more than likely familiar with
SBA loan guarantees, and can assist you with information and
applications. If your bank cannot help, ask your banker for a referral
to another local bank, or contact your local SBA office.
For loans in excess of $150,000, the SBA offers the regular 7(a)
loan program. You may borrow up to $750,000 on the guarantee or
receive a loan guarantee of 75% percent of the loan. Money can be
borrowed to start-up or expand a business. The terms depend on
the use of the money. Funds for working capital will generally be
limited to a period of 7-10 years. For the purchase of machinery and
equipment, the loan period can extend to 25 years, but is more likely
to be around 10 years. For the purchase or construction of buildings,
the loan maturity can be up to 25 years.
SBA Microloans
The Kit offers guidelines for starting a small business, including yet
another guide to writing a business plan, an explanation of the types
of business organization, and in-depth information on financing
especially through the SBA. The Guide covers trademarks,
copyrights, patents, more information on SCORE, BICs, and
SBDCs. It’s free, so get a copy for your reference.
The SBA Website offers over 3,000 hyperlinks to other Websites for
information on starting, financing, and marketing your small
business, as well as sites with information on home businesses,
international trade, commerce, patents, legal regulations, science
and technology, non-profits, all the SBA sponsored programs, and
more. Go to the direct page at www.sba.gov/hotlist
You may think that this is enough, but there is more! Once you
have exhausted the 3,000 hyperlinked websites, you can attend
classes at your local SBA center, go to the university online, or
delve into the extensive online library. In addition to free counseling
with a SCORE volunteer, every local SBA offers a wide variety of
classes, seminars and conferences on every aspect of starting,
running, financing, and expanding your small business.
The SBA recently added new online courses of their own. You’ll be
glad to know you can still find, what else? Another Business Plan
Guide! Other course topics include, How to Raise Capital for a Small
Business, How to Start a Small Business, Self-Assessment, Building
Your Business, Business Mentoring, Certification Programs, Small
Business Opportunities in Federal Procurement.
Registration with the states doesn’t mean you have business. You
have to register to be able to bid on contracts (over $25,000) or
informal proposals. Bidding is competitive. Contracts are open to
bids for a relatively short period of time, and then they are closed.
The theory is that the lowest, qualified bidder wins. Bids are sealed
so no one knows what has been bid.
You can research old contracts on the Internet to see what was
previously bid on a particular commodity to give you an idea of
whether you can beat those prices. Prime vendors (big companies
and corporations) often receive the bids, but small businesses can
and do have opportunities.To view awards for previous contracts, go
to procurement from a state homepage, or use the Jumpstation
mentioned below to reach the procurement page for any state
directly.
There you will find Bidengine, an inexpensive highly useful tool that
will search all the federal, state and local databases for you for
offers to bid on specific commodities. You don’t need to spend hours
searching through thousands of procurement opportunities. Let
Bidengine do it for you! At the site, you can sign up for a free trial,
but be sure you are ready to search for real bids for your products
before you take their time and yours. You can go directly to the URL
for Bidengine: www.fedmarket.com
You can find the purchasing division of each state on their Website.
All of the states have Websites now, and they are easy to find. The
URL is www.state.(your state’s initial’s).us. Use the official U.S.
postal designation for the state you want. Be sure to write both
letters in lower case. An example is: www.state.ca.us (for
California).
The SBA also sponsors The U.S. Business Advisor, which “exists
to provide business with one-stop access to federal government
information, services, and transactions.” The U.S. business advisor
not only links to the SBA, but to every other government agency
providing information or assistance to business. The U. S. Business
Advisor has a separate, well organized website on the Internet that
provides a wealth of information. Some of the links take you to
information and resources on the SBA site, such as to downloadable
shareware and to the Small and Home Based Business Library. If
you want to connect directly to any U.S. department or agency, this
site will provide access to a direct link.
www.business.gov/busadv
All proposed contracts published in the CBD are over $25,000. The
site is confusing. There is no simple way to download a recent copy
of the Commerce Business Daily to view, and a subscription is very
costly. You can check with your local library to see if they have
copies or a subscription. http://cbdnet.access.gpo.gov
ChamberBiz connects all the state and local chambers around the
country to small businesses. Joining your local Chamber as a new
business in town is important for understanding local issues that
effect your business, and for networking with other businesses in
your community. You are likely to generate some business too.
www.uschamber.com
The programs of the SBA alone are vast and inclusive. Take
advantage of opportunities available to you for FREE information,
training, assistance, and loan guarantees. Small businesses are the
very foundation of the American economy and society. Your
business is an asset to us all, and your government wants to help
you in as many ways as possible to guarantee your success.
V
Recommended Books
Before You Shoot: A Guide for Low Budget Film and Video
Production - This is a book for the novice, and explains terminology
and various activities of video production. A great place to start!
Film and Video Financing by Michael Wiese – All the ideas and
strategies you need to get the funding established for your video
production.
Television
100 Best TV Commercials: And Why They Worked by Bernice
Kanner (Introduction), Michael Conrad – A “critical but fond” look at the
best commercials in 15 different categories. The question is are there
universals that separate the great from the mediocre? This book is
useful because it explains what advertising does and when it does it
well. Almost half of the commercials are from other countries, so many
will not be familiar. You should get some great tips and insights from
reading this book.
Recommended Websites
www.tvadvertising.com/tvad/tvbigidea/campaign.html – TV
Advertising can establish a campaign for your product. They offer a
FREE booklet, TV Advertising Secrets, which you can order from this
website. The book contains ideas and information on how to make a
TV advertising campaign more effective.
Video
There are over 125 million VCRs in America. Between business and
home applications, the number is probably closer to 150 million or
more. Most mid-sized businesses have a VCR on the premises. VCRs
are most common in people’s homes, and many homes have several.
It is possible to bring television quality demonstration, information, and
advertising into the homes and businesses of prospective clients by
developing your own product and sales video.
In fact, video is a powerful sales tool you can use in many of your
marketing efforts. As you can see from the above figures, the
equipment for viewing videos is accessible and readily available. Take
a video with you to an Expo or tradeshow and run it continuously for
attendees.
There are many kinds of videos. The New York Film Festival lists an
incredible 75 varieties. There are sales videos, product videos,
corporate image videos, and presentation videos, to name a few.
Another kind of video is called a POP, or point-of-purchase video. You
see these in mass merchandisers or retail stores where the product is
being displayed. The idea is to offer visual presentation of the product
in use. The purpose is to get the attention of shoppers and get them to
buy instantly.
You don’t need to make more than one type of video, especially in the
beginning. As you write or outline the script for someone else to write,
be aware of the different groups and the different applications for your
video. Remember the various applications and uses above.
There are several other potential uses for a company video. A video on
your product or service will enhance your ability to interest another
company in a Joint Venture. A video will also be very useful in a
presentation to a Venture Capitalist. A video is a very strong marketing
tool in a targeted Direct Mail campaign.
When you are planning a Direct Mail campaign, outline the entire
campaign carefully. Know what you are sending to each customer at
each point in the campaign. Sending a video to people who have
already received several other forms of solicitation on your product can
be very powerful. A video also makes an excellent FREE offer in a
newspaper or magazine advertisement. (See Chapter N-Newspapers
and Magazines.)
You can either load your entire video on your website if you have
enough pages and storage, or you can offer an abbreviated clip, or
even stills. Customers can send for a FREE video through the
Internet. In every case, before you advertise a FREE video anywhere,
make sure you have the margins to send one for each and every
request you receive. It is very reasonable to offer a FREE video but
charge a shipping/handling fee. Your ad would run like this: “Send for
your FREE video on-------Enclose $3.50 for shipping and handling.”
Not every product or service lends itself to video presentation. Only you
can make the judgment as to whether a video will benefit your
marketing efforts and be useful in other ways, as well. Because no one
in your field or industry is using videos at this time does not mean that
they won’t be highly effective if budgeted wisely and used creatively.
The most important part of any marketing effort is the follow-up with
your potential clients and customers. Always make a number of
attempts to reach your prospect. Leave very compelling messages.
Remember, people are searching for friendly people that care about
the quality of their lives. You have a product or service that can benefit
them. Whenever you send your video from a request for the FREE
offer, be sure you have several ways to contact the person again.
Calling will definitely increases your sales, so be sure that you or staff
always follows-up on your leads, even if it takes several calls.
After four or five calls leaving messages, state that you have made a
number of attempts (you can give the exact number) to reach them
without success. State that you will not be calling again, but they are
welcome to call you at the office at any time. Be sure to tell them you
will be glad to hear from them at anytime, and be happy to answer any
of their questions. Leave your 800 phone number and always be very,
very, pleasant.
Time and money are hardly unlimited when you start a business, and
the demand for both grows with your business. A product video is
something that you can make or have made at any time. The question
is would your company benefit more from allocating the resources and
staff time to other endeavors. If someone on your staff wants to
undertake the project of making a video, there are very definite benefits
and uses to having one. At the beginning of this chapter are a number
of recommended resources for making an in-house video.
Unless you are familiar with the process, or have associates in the field
of video production, these calls are important to establish a foundation
and help you develop an idea of what you want. These companies will
give you a list of the things you will need to decide about your video.
Call at least three companies to get an idea of competitive pricing and
the variations in programs.
One question every company will ask is what format you want to use
for producing the video. High quality video is called Betacam. Less
expensive, with lesser quality is SVHS (Super VHS) or Hi-8. It is a
good idea to locate copies of all these formats, transferred to VHS, so
you can see the difference for yourself. Regardless of the production
format, your video will be in VHS for popular viewing.
The most important element of your video project is your script. The
script is the plan for your video. A good script is crucial to creating the
video within the budget and time frame. Before you hire a company, or
decide who is going to film the video, take the time to develop a good,
concise, script. You do not have to write it yourself. Hire a writer, if you
feel uncertain about the medium. You will want to work closely with this
individual in the presentation and development of the ideas.
Include every element that you can describe in the script: day or night;
interior or exterior; characters or actors with dialog; customers with
testimonies; and audio and visual effects. The length of the script will
determine the length of the video. Generally the shorter the video, the
more effective it is. You won’t find many people who will watch a 45-
minute product video. Even 20 minutes is too long in most cases.
You are likely to get the best responses from audiences, with a short, 5
to 10 minute video. It is difficult to estimate how many pages your script
should be for this length video. A lot depends on how descriptive the
writer is, and how much action takes place. Write your script and ask
the director or the video company who will be shooting the film,
whether what you have is sufficient or too much. Use a screenplay
format, which you can find on the Internet or at your local library.
You will need to edit the video, so plan to shoot more footage than you
need for the finished product. When you begin editing, you will see
certain elements do not work or fit with your plan as you had
envisioned them before they were in moving color. Therefore, make
sure that you have enough other material to fill in. You want to avoid
having to return to shoot additional scenes after you have “wrapped”,
or finished your filming.
A good way to begin writing your script is to view other videos on your
type of product or service. Study how they present information on the
product, whether or not they use testimonials, and what benefits they
stress. As you view these, ask yourself if what they emphasize is
important. Viewing how your competition presents product information
is helpful in determining what you feel is important.
Here are just a few suggestions on the actual production aspects. Even
though the film will be transferred to VHS, shooting it with a home
camcorder or rented equipment makes little sense. Consider spending
the necessary extra money to hire professionals to shoot the film for
your video in one of the highest quality formats. You may make a TV
infomercial or short form DRTV infomercial at a later date. (See
Television in this chapter.) If your video master is of broadcast quality,
not only will you have superior footage for your video, you will also
have footage for your infomercial. Be sure you get several opinions on
the broadcast quality film format to use.
One very good reason to make a video is to have the magic of this
medium available for whatever uses you can imagine and develop.
Psychologists maintain that when people are watching TV or video,
their minds switch into a semi-hypnotic state where they become very
receptive to suggestion.
In general, the vast majority of us will never reach the point where we
want to spend advertising dollars as quickly as television will take it
from us. There are so many other alternatives to advertising and
marketing. Take your time in approaching most aspects of this
medium, regardless of your product or service.
You can target an audience with Television if you know what programs
your audience favors. Then the problem is securing a space, because
spots are limited, and there is a great demand for advertising time
during popular shows. Television marketing has no loyalty to stations
or networks. Find the programs your market follows, and advertise
there if you can.
The fact is that a significant number of Infomercials fail, and are pulled
from distribution. Statistics are incomplete. One figure commonly given
is that 1 completed Infomercial in 40 is a financial success. Others
maintain that the success figure is more like 1 in 15. Regardless, with
the substantial sums required for producing and airing an Infomercial,
one failure is one too many.
DRTV short form infomercials are known as spots. They give the
advertiser immediate feedback. The average length of a traditional TV
marketing campaign is at least six weeks. During this time the
advertiser is running multiple airings each week. The cost can be
astronomical for the advertiser while he/she waits for a change in
product sales in traditional means such as retail. Direct Response TV is
attracting advertisers from every major industry, including some large
corporations, because the advertiser learns from the first airing how the
public feels about the product.
If you are currently in some retail outlets, a DRTV spot gives a great
boost to those efforts. According to industry reports, “The Infomercial
Marketing Report,” you can anticipate selling 6 to 8 additional units in
your retail locations for each product you sell on TV from a DRTV spot.
Also, selling through DRTV sets a standard for your pricing with retail
outlets. If you successfully sell a product on television, you set a
benchmark for retailers.
There are some objective criteria for judging whether you have a
product that is well suited for DRTV advertising, or TV advertising in
general. Perhaps the most important is novelty. Your product must be
special. The uniqueness does not necessarily have to relate to utility,
or what the product does. It can relate to the price, especially if you can
offer a significant price break over competitors.
A niche product is better marketed where you know you will find the
audience. You have precious little time to capture the interest of the
viewer. He or she will mute the channel, leave the room, or surf to
another channel within 15 seconds of the beginning of your spot,
unless you have engaged his/her attention.
The viewer is constantly evaluating your offer while the spot is running.
Not only do you need to create desire for the product, the consumer
must realize that this is a special offer he can’t miss. With only 60
seconds, the best way to create urgency is to make an irresistible
special offer, such as: “Buy one now at the regular price, and get an
additional product with a 15% (20 or 25%) discount.”
Offer to include a free copy of your video. Another possibility is to offer
a trial or travel size. Spend some time developing a unique sales pitch
just for this medium to boost the perceived value. Remember, people
love bargains. Package your offer so the customer feels like he/she
has a bargain.
If you are the first, be sure to proclaim your originality. Once your
product appears on TV, expect to be copied. As you will remember
from Chapter L-Legal, a patent is very expensive and doesn’t
guarantee much unless you are willing to spend a small fortune
defending your claim. Nothing stops your foes from plagiarizing your
product while you are involved in what can be years of litigation. The
best plan is to maximize your position in all your advertising, and
corner the market with massive exposure through as many techniques
as you can manage.
The main benefit of DRTV advertising for you is that you have the
opportunity to demonstrate your product to tens of thousands of
people. On TV, you are in their living rooms and they are watching. Be
big. Be bold. Be beautiful. Be exciting with your product. Impress your
customers so much that they want that product, now!
As mentioned in the video section, when you make a video for your
different advertising and promotional uses, employ a professional with
high quality equipment and the best quality broadcast film.
You can purchase discounted airtime for your DRTV spots from 30-
80% off the cost of purchasing regular airtime. These are basically
“remnant” or unpurchased time slots. You can pay as little as $25 to
$50 a minute. Scheduled time can cost as much as $4,000 a minute.
Most short-form spots air during off hours.
If your product meets these objective qualifying criteria, and you are
ready to spend the minimal funds necessary to create a DRTV short
form infomercial or spot, you can begin the process in one of several
ways. If you contact several media buying companies, you can
ascertain whether they can assist you directly with the telemarketing.
You can also discover what the costs will be to have them produce the
spot and how much involvement you can have. If you have a script and
broadcast quality footage, you may save yourself some money.
If the media buying company does not have a production unit within the
company, they will have many references for you. This job requires
professional expertise that you and your staff are unlikely to have.
More than likely, you can contribute to the project with the script, but be
advised that the director will make recommendations, and you will do
well to accept his professional assessment.
Another approach for you is to hire the professionals with the proper
equipment, and make the commercial spot yourself, edit it, and present
it as a finished product to the media buying company. If you plan to
make the spot yourself, use a visual and audio version of the AIDA
formula we have discussed in many chapters of this book. The
appearance is slightly different in various media, but the thrust will
always be the same.
With only a minute to present your entire information, use a short form
Infomercial spot that will get their Attention immediately and focus on
selling the offer to people. Use the attention-getting words in your
“voice-over.” Do not attempt to describe the product. You do not have
time.
From the beginning, ask for the order. Create the Action phase early
in your 60 second message by flashing the 800 phone number and/or a
website address across the screen. You can run these two along the
bottom of the spot for the full 60 seconds. Just the visual presence of
these two sources for more information and a place to order creates a
strong “call to action.”
Follow the standard form of the AIDA formula except that the “action”
phase must be introduced with enough time for the prospect to get the
ordering information written down carefully. 60 seconds is not very long
to create Interest and Desire, but that is your task.
Plan a strong offer that causes the viewer to stop and think about what
you are presenting. You can create interest by enhancing an already
attractive product at a reasonable price with coupons and discounts for
future purchases, 2 for 1 offers, free gifts and videos. If you can design
a “For TV Only” incentive offer you will be moving from creating interest
to establishing desire.
Home Shopping
Home shopping has a demographic customer profile that fits the image
of a certain type of shopper. If your target customer matches this
summary, consider applying to the different home shopping channels
to see what interest you can develop in having them market your
product with them.
These figures are available from the NPD Group, a Port Washington,
New York market research firm. In addition to identifying well over half
the home shopping market, their figures indicate some regions of the
country account for stronger sales than others. In particular, home
shopping is popular in the Mid-Atlantic States and the East North
Central region of the U.S., comprising Ohio, Indiana, Illinois, Michigan,
and Wisconsin.
The format for home shopping is similar whether your product is on one
of the networks, on a home shopping program, or on another Cable
channel. A show host introduces an item and gives the regular retail
price. He or she then presents the (lower) TV price special for that day.
Sometimes celebrities are involved, especially if you contract with
them. Generally, the show host is a regular presenter for the network
or the show.
The host engages the audience with trivia games, drawings, and
various specials connected with the offer for that product. The format is
meant to be entertaining as well as a showcase for products. The goal
is to actively involve the audience rather than have them sit passively.
The number of people who actually purchase products usually
averages between 6-8% of the viewers at the time.
It is not uncommon for QVC and HSN to each ship in excess of 30,000
items in one day. Effective and efficient data processing with a high
degree of competence in the shipping department have made these
companies what they are today. Customer satisfaction is one of the
most essential ingredients in the ongoing success of home shopping.
People are naturally impatient to see the products they have
purchased, and are anxious for their merchandise to arrive.
Below are the four major home shopping networks with their contact
information. Contact the network or the show where you would like to
present your product. Ask them to send a full application. Ask any
additional questions you have. You can download the QVC application
from the Internet.
Shop At Home
P.O. Box 305249
Nashville, TN 37230-5249
615-263-8000
Value Vision
6740 Shady Oak Road
Eden Prairie, MN 55344
612-947-5200
Cable
You have seen how cable companies embraced advertising DRTV long
form (30 minute Infomercials) and the newest hybrid, the short form
Infomercial spot. The home shopping channels and affiliates are on
cable stations, as well. The fact is that cable TV has emerged as the
major force in television within the last 10 years. The reason is that
Cable TV has both a targeted and a universal appeal. Viewers can pick
from a variety of programs 24 hours a day. Programming such as
news, sports, drama, sitcoms, movies, and lifestyles, is available on
Cable.
Some channels like USA, ESPN, TNT, Lifetime, and Discovery offer
various promotional opportunities. Another interesting fact is that cable
attracts male viewers, especially on ESPN, Prime Sports, and
News/Business on CNN. If your product is geared toward men in
particular, developing spots for these channels could prove especially
lucrative.
The appeal of home shopping is much the same: to arouse and excite
viewers, and encourage them to “Buy now!” When your product is with
a home shopping network, they manage much of the promotional and
purchasing process for you. When your product sells well the first
time, home shopping will schedule more lucrative appearances for your
product to appear on their network.
What sets DRTV apart from regular TV advertising is that the spot or
Infomercial gives consumers enough information to make a purchasing
decision and gives them a way to complete the purchase.
W
There is no reason anyone would want a computer in their
home.” - Ken Olson, Chairman and Founder of Digital
Equipment Corp, 1977
Recommended Software
Recommended Books
Website Promotion
Recommended Websites
The Internet has its roots in the Cold War military frenzy. The
battleground of the Cold War was the Arms Race. With no real
battles to fight, the top American military brass, with the assistance
of the CIA, configured a number of possible battle scenarios of their
own.
One of their fears was that the Soviets might obtain first strike
capability, and obliterate major American cites and military bases.
The theory of first strike capability held that the country that
launched the first nuclear missiles would have a major advantage in
derailing the capabilities of the other to fight back. Given this
potential scenario, the Soviets could destroy most major U.S.
installations during a first strike. The military wanted a way for the
remaining American Military Command to communicate with itself
should this situation ever develop.
The World Wide Web is not the Internet. The Internet is a physical
network of interconnected computers. The World Wide Web is the
digitalized information that can be accessed by the physical
network. To access the World Wide Web, as you know, you must
link to the Internet using one of several browser connections. Your
server is the computer that connects you to the Internet, and is not
your browser, in most cases. Web browsers read HTML and format
web pages on the computer screens.
In the United States in the 1980’s the Internet evolved when the
National Science Foundation built a new, faster backbone network.
Primarily this new backbone was built to connect colleges,
universities, and research institutions using five new
supercomputing centers throughout the U.S. By 1995, parts of the
National Science Foundation were either sold or reorganized.
Today’s Internet is a collection of networks primarily operated by
major phone companies.
The most recent craze to hit the Internet is the 1999-2000 rush of
IPO’s or initial public offerings. New Internet companies with no
history, inventory, product, or valuation, hit the exchanges, primarily
NASDAQ, with prices skyrocketing in hours or days. Stocks of
known Internet companies, like Amazon and AOL grow each year
by three, four, five, even six hundred per cent. How long these
stocks will continue to make these moves is pure speculation.
Only a few years ago, less than 1,000 businesses were posted on
the World Wide Web. Today, there are millions. Web users and
surfers, customers and competitors, access the World Wide Web in
continuously growing numbers. Soon, the Web will be available to
consumers through cable TV.
If you haven’t heard this quote from Bill Gates, the richest man in
the world, a man who has made billions in large part because of the
Internet, please heed his warning: “In the year 2000 and beyond,
there will be two kinds of businesses, those that are on the Internet,
and those that are out of business.”
It took almost 150 years for the manufacturing sector of the U.S.
economy to reach $350 million in annual sales. E-Commerce
reached that figure in approximately 36 months. Some estimate that
e-commerce revenues will reach $1 trillion by 2002. You probably
agree that as a business owner it makes sense to stake a claim to a
share of that incomprehensible figure.
Below are the steps necessary for installing or building your website
on the World Wide Web, and getting your site installed or “hosted.”
Included is some general information on marketing and promoting
websites that has evolved in the last few years. For an in-depth look
at six important Internet marketing techiniques, see the companion
booklet, Marketing Your Product on the World Wide Web: A Desk
Reference.
There is a place for your product or service on the Internet, but you
have to set the wheels in motion. Whether you join one or more
shopping malls or create a unique and singular website, someone
has to set up shop. No matter how much you pay for a website,
unless you treat it like a store, you are not likely to get many
customers. You will get “hits,” from people who happen by
purposefully or accidentally. Unless you create incentive and
excitement for them, they won’t stay long, and they will disappear as
easily as they appeared, probably never to come back.
An online store is open all the time, 24/7, (24 hours a day, 7 days a
week) for the shopping convenience of customers. Shoppers around
the world purchase products while you sleep. You don’t need staff to
manage the transactions. Every day you can make sales and
expand your business with new and potential customers. You
advertise, sell, and compete side by side with the biggest players in
your industry. The number of online stores is in the hundreds of
thousands, and the number of malls in the thousands.
If you do not have a Website at this time, you have several options.
You can develop it yourself with the assistance of friends or you can
contact a Webmaster to build it for you. There are books that will
guide you step-by-step through the process if you want to develop
your site yourself. There is software that guides you step-by-step
through the process, as well. There are a number of Recommended
Websites that offer FREE tutorials and accompanying articles.
Finally, there Internet service companies will design and build a
website for you, register your URL, place you with search engines,
and help you develop advertising.
Budget the cost of hosting your website and/or a monthly site fee for
online malls that require a payment. Once your website is designed
and constructed, your annual maintenance costs are fixed by the
hosting fee (if any), the mall fee (if any), and the annual domain
registration. In most instances, registering a domain name costs $70
for the first two years and $35 every year after that.
Promptly reply to all messages. Ask your Web host to isolate a box
just for this purpose so you can quickly and easily check your
customer and potential customer messages. Send orders to a
different box, but make sure to respond promptly to those also.
Keep an index of all customers who order through email. You will
save on long distance phone calls and begin a valuable customer
contact list at the same time.
The Internet is a terrific place for you to post your product catalog
and price list. You can make changes or additions, and add specials
easily. Depending on the products, offer a monthly special that will
bring your customers back to your Website at least once a month.
Changing your Website brings people back to see what is new and
different. The dynamics of novelty make the Website fun for you,
your staff, customers, and prospects. Offer contests, drawings, or
incentives. Be as creative and exciting as you can be, and
customers will return.
Take some time to study the options available and carefully select a
program that not only suits your company’s needs now, but also
allows you to grow with the service. You can change companies, of
course, just like you can move from place to place. Much like a
physical move of your personal possessions, changing the home of
your Website can be exhausting and exasperating.
Most web hosting companies will register your name for you, but
you will still owe the registration fees. Since finding the right
program of services and the right host may take time, register your
name yourself if you have one you really want to use.
There are two types of Virtual Hosting, and both work for a small
businesses. There is a FREE version and you can use your own
hosted domain name, such as (http):www.yourname.com.
However, you share space on a server with a lot of other sites, and
in exchange for the “free” space you agree to advertise the web host
on your site.
Some of the most important features you want to have are fast
connections to the server (no one likes to wait for a slow site to
load), more than adequate space so you can expand, and plenty of
data transfer capability.
Depending on the size of your company now, how big you anticipate
becoming in the next few years, and how large a role you plan for
the Internet in your marketing plan, you may want to look at an
entirely different level of web hosting called the Dedicated Server
Hosting. With these programs, you rent an entire server for your use
alone.
Having your own server is advantageous. You control the entire web
space. You can take more visitors at one time, and you can expand
your site more easily. Prices with most web hosting companies
begin around $150 a month. For the advantages and luxury of
having your own server, the price may seem very attractive. Be
sure to compare several programs before you commit to one.
You can own your own server, rather than rent space on one. You
own the actual hardware, but store it at the Web Host’s facility,
where they cover the physical maintenance. You control all aspects
of the arrangement and generally will have to set up your own
security. This option is called Co-location. It is the most advanced of
the web hosting programs and requires quite a bit of technical
knowledge and expertise. Most universities have their own servers.
As a novice, it is highly unlikely you would start with this type of
program.
As best as possible anticipate your growth so that you have room for
expansion, or provisions available to you. If you have any doubts
about the service, keep searching for a better situation. Ask friends
and associates for their experiences. Ask the web hosting company
for references of customers with the program you are considering.
Basically, do your homework.
How well your site operates and how successful and popular it
becomes depends on the service you get from your web host.
Determine whether the speed of connection is great, satisfactory, or
below normal standards.
Web promotion is one of those subjects on the World Wide Web that
is so extensive and enormous that a complete review and coverage
is virtually impossible.
Do not even contemplate building a website unless you find the time
to plan how to market your product and services on the World Wide
Web.
Are you ready? Do not let costs intimidate you. No one says you
have to hire a Webmaster to build a website. Get your domain
name, and build a website you can afford. Build it yourself, if
necessary, using one of the software products that are available.
Build it yourself using informational tutorials that are FREE on the
Internet. Just remember, most of your time and money needs to be
focused on marketing your website.
X
Recommended Books
Kids this age concede that what they do not know is certainly
known by others. An irony of life is that the older you get, the
more there is to know, and the less you feel you know and
understand. Blame it on Algebra I. Life seems to abound with
the unknown.
Such is the case with the Internet. No one person can list every
website or URL related to business. There are excellent
compilations available, as well as search engines and directories
that attempt to tackle these issues. Still, new websites appear
everyday, and old ones change, move or disappear.
Y
Recommended Books
The Truth About Yellow Pages: Making Them Work for You by
Tom Davis - Davis is a veteran of marketing telecommunications,
presenting yet another insider’s view of the industry with valuable
information on ad sizes, words that sell in the Yellow Pages, and
how to use color and graphics.
Recommended Websites
From experience you know that the Yellow Pages has listings and
advertisements for dozens of businesses that supply just what you
need. From attorneys to plumbers, hair stylists to contractors, you
know you will have choices on price, availability, location, and a
number of other variables, simply by placing a few quick phone
calls.
As you know the Yellow Pages is the place to find emergency local
assistance, especially if you are dealing with a weekend or after
hours situation that requires immediate attention. Some people use
the Yellow Pages as a reference to locate vendors of unusual or
rarely purchased items or services. The Yellow Pages is also a good
place to look for a new vendor if you become dissatisfied with your
current provider of a particular product or service. When you are
new to a community, the Yellow Pages provide reliable and
reputable local listings for the goods and services you and your
family need.
Everyone uses the Yellow Pages. Whatever the reason people turn
to the Yellow Pages, everyone knows you can comparison shop
and “Let your fingers do the walking.”
Some businesses are naturally better suited for the Yellow Pages
than others. Some businesses, in fact, rely almost exclusively on
Yellow Page advertising and personal referrals. For many in these
fields, the Yellow Pages is absolutely the right medium for them.
This includes: attorneys, realtors, restaurants, plumbers,
electricians, travel agents, dentists, florists, beauty shops, auto, tire,
and transmission shops, chiropractors, and even doctors. There are
many more, of course.
Whether or not you are in one of these fields, if you believe Yellow
Page advertising will bring significant customers, and you can afford
the expense, you should consider placing an ad. As long as you get
calls, having one ad that works all year long to bring you customers
can be very attractive. That one advertisement can virtually
eliminate the need to spend much more of your time on advertising.
Their results indicate that the public feels that Yellow Pages
advertising is more informative than other forms, including
newspaper ads, calls to 800 numbers, magazine, radio, TV, direct
marketing, and telemarketing. They conclude that the public feels
that Yellow Pages advertising is a “pure” information service.
Here are some basic facts about the Yellow Page industry you
should know. There are two types of publishers for the Yellow Page
Directories. Publishers related to a telephone company or telephone
service provider are called Utility publishers. The others are
Independent publishers, and they are not directly associated with
any one of the phone companies. Be careful to determine who the
publisher is, because looks can be deceiving. In general, you will
receive more exposure with a directory connected to a phone
service provider, or a Utility publisher.
All directories list the Name, Address, and Phone Number of the
business. When thinking how to categorize yourself, you can use a
profession (as in the list provided earlier), the type of product you
provide, or the type of service your business provides.
The Yellow Pages are predominately for advertising local
businesses and services. In fact, less than 15% comes from national
franchise-type operators who place ads for the benefit of their local
outlets.
Customers who use the Yellow Pages believe that they will find
what they are looking for relatively quickly. Make sure your phone
number stands out, because the whole goal is to get people to call
you.
Be prepared for a tough sales pitch from the sales reps whose job it
is to sell you the most advertising he/she can. It’s best to know
exactly what you want before you meet with any sales
representative. If you have the Yellow Pages design your ad, which
they will say is part of the cost of your advertisement, keep in mind
that you may end up by looking like everyone else.
It is far better for you to have your art department, your printer, your
own graphics specialist, or you, yourself, create the ad to look as
you want it to look. It is best for your Yellow Pages ads to resemble
your other advertisements, so people can relate to style, fonts,
logos, hooks, and other characteristics that are your unique style. If
you let the art department at the Yellow Pages design your ad, you
loose control of “your look”.
4. Bold your Phone Number - The most important part of your offer
is getting them to call you. Make sure that your phone number is big
and bold so customers see it clearly. Keep some open space
around it, so that it stands out.
Not only do you want your ad to be the most informative and the
most unusual, you also want to be the biggest ad in your heading, if
you can afford it. It will be very expensive to be the biggest ad in a
category. Consider this: surveys show that as many as 30% of
Yellow Pages shoppers call the biggest ad in a heading. That is a
huge percentage of these qualified and ready-to-purchase buyers
that gravitate to one company just because it has the biggest ad.
The Yellow Page sales reps will attempt to sell you on the biggest,
most elaborate advertisement their agency can develop. They will
attempt to convince you that their designers know exactly what
appeals to the public. Stand your ground on developing your own
advertisement in your own way.
Use your other adverting mediums, your Direct Mail letters, your
newspaper and magazine ads to see what headlines and
information get the most responses before you guess or place a
Yellow Pages advertisement. You may already know from trial and
error what pulls the most response.
To track responses to your Yellow Pages advertisement, consider
dedicating a special line that runs into your existing phones lines, or
have the calls come into an extension. You can even make up an
extension that only Yellow Page customers would use when calling
into your main number. Some companies use a discount just for
their Yellow Page advertising: “Mention this ad for a 20% discount.”
Train your staff to ask new customers where they heard about your
company.
Like anything else you write and print, you can copyright your Yellow
Pages advertisement. This is a good idea if you develop a special
border or explain a benefit of your product or service in a unique
way. Copywriting is not difficult, you can do it online, and you don’t
have to do it immediately. You do want to be the first to submit the
information.
The cost of placing an ad is amortized over a year, but the total can
be staggering. Still, some vendors in some fields, see as much as
an 800% increase in business inquiries as a result of listing in the
Yellow Pages.
If you are convinced this is the medium for your product or service,
do everything you can to be the biggest, brightest, and boldest
advertisement in your heading. Make every effort to get placed at
the top of the heading, as well. The extra funds expended virtually
guarantee that you will get the most calls, the most business, and
the most sales!
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
a
mm eZINES
Z
Recommended Books
Recommended Websites
Listed after the commentary are a very few selected e-Zines with a brief
description and the URL where you can get more information and
request a subscription.
If you are interested in knowing more about Zines, The Book of Zines:
Readings from the Fringe, Chip Rowe (editor), and ZINES! Volume
One: Incendiary Interviews with Independent Publishers, by V. Vale
(editor), provide numerous samples of Zine writing, and you can make
your own decision about the derivation of the e-Zine literally format,
which is certainly here to stay.
E-Zines subscriptions are almost universally free at this time. They are
generally the ideas and perceptions of one individual distributed
electronically to an email list on a regular basis. The author develops an
email mailing list from friends and associates, through word of mouth,
by promoting the newsletter on his/her website, and on the website of
affiliates. The subject matter of e-Zines is as extensive as an
encyclopedia.
Anyone can write an e-Zine, publish it, advertise it, and begin emailing it
to people who request it. In fact, e-Zine publishing is fast becoming one
of the more popular ways to advertise on the Web. Known as “opt-in
mailings,” e-Zines are sent only to people who have asked to receive
them through a simple subscription process.
Some e-Zine writers want to remain strictly original in the content and
information of their publication. Some writers will not accept outside
advertising. They recognize a potential risk of alienating some of their
readership if they become too commercial.
There are also e-Zines from a great number of small companies and
individual business owners. Some e-Zines from Web marketing
masters are sold-out or are at the maximum allowable capacity. Such is
the case with Paul Wiley’s “All the Secrets…” e-Zine. Others, like Web
Promote and Internet Marketing Chronicles have a hundred thousand
subscribers or more.
Sign up for as many e-Zines as you feel you have time to read. You
can unsubscribe if the information is not useful to you. Each issue
comes with a simple way to remove yourself from the list. To sign-up for
each one, sign onto the Internet, type in the URL address given onto the
address bar of your browser, and push Go! Or return. In most cases,
the addresses given will take you directly to the newsletter or the e-Zine
subscribe page.
If your computer will not click through, go to the home page of the site
and search for buttons that will lead you to the e-Zine subscription.
Websites that offer e-Zines, usually advertise the e-Zine on the front or
home page. For the website www.aoksites.com ,
ww.aoksites.com/ezine/subscrb.html is the URL for the newsletter.
Remember to enter the www on the menu bar line WITHOUT the
parenthesis.
It is a good idea to write down the name of the e-Zines to which you
subscribe so that when you receive their email, you are comfortable
opening the newsletter. Many people will tell you not to open mail from
anyone you don’t know because viruses spread through email. Prudent
e-Zine authors are now sending queries to verify that you wish to
subscribe. You have to return a reply before you get on their e-Zine list.
Recommended E-Zines
Bn.com Insider - Barnes and Noble will keep your bookshelves lined.
Choose from 70 categories. “Get recommendations, reviews, special
deals, articles and chat updates on new books, software, and music.”
www.bn.com/Insider
Buyer Zone Newsletter - Check out Buyer Zone for all your office
equipment needs. You can get online comparable quotes from local
business on all business needs. www.buyerzone.com
The Gazette - from Jim Wilson of Jim World is now in its fifth year.
The weekly Gazette is delivered to “your email box full of the latest
news in site promotion and e-commerce.” The website also has helpful
tools and information for promotion www.virtualpromote.com.
The Write Way - from Jennifer Stewart, offers tips to help you with
your online writing tasks. The website has a home study course to
improve your writing skills. www.write101.com
Web Marketing Today - from Dr. Ralph F. Wilson, who states: “Our
goal is to help business people learn how to market their products and
services more effectively by means of a Website, and to provide on-
going support, encouragement, and marketing ideas for Web marketers
worldwide. ”While we will learn from large corporations on the Web, we
focus on marketing strategies which can be accomplished with the
limited budgets typical of small to medium-size businesses.” Delivered
twice monthly. This e-Zine currently has over 80,000 subscribers
worldwide.” www.wilsonweb.com/wmt
You may want to investigate sites with articles you can reproduce for
free, unless you have endless ideas about which you plan to write. Offer
a bonus to those who recommend new subscribers. Preview “coming
attractions” of features and offers coming in future issues so that your
readers get excited, and tell others about your e-Zine.
E-Zine Resources
ListCity - “THE resource for the e-Zine community.” They offer two key
databases for e-Zine advertisers and publishers. The first is the
Advertising Exchange Directory, which consists of listings of e-Zines
interested in advertising exchanges. The second is The Book of e-
Zines, a database of advertising contact information and rates for
hundreds of e-Zines. http://list-city.com
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
LINKS
Chapter A
http://advertising.utexas.edu/research/Topics.html
http://dmoz.org
www.businesstown.com
www.usaworld.com/Mall/FillerAds.htm
Chapter B
www.about.com
www.aeu-inc.com
www.allbusiness.com
www.ama.org
www.gmarketing.com
www.infousa.com/homesite/news.html
www.lowe.org
www.onlinewbc.org
www.smartbiz.com
www.toolkit.cch.com
www.123-books.com
www.amazon.com
www.bn.com
www.booksamillion.com
www.books.com
www.bookcloseouts.com
Chapter C
www.franchise1.com/catalog.html..
www.craftassoc.com
www.gcwoodworks.com
www.aeu-inc.com
www.catalog.savvy.com
www.catalogsfroma-z.com
www.buyer’sindex.com
www.catalogage.com
www.cataloglink.com
www.catalog-news.com
www.catalogsusa.com
www.catalogworld.com
www.dsa.org
www.mallofcatalogs.com
www.teraglyph.com/cathome.htm
Chapter D
http://caldwell-list.com
www.bestpricedlists.com
www.infousa.com
www.myprospects.com
http://members.aol.com/JSResource
www.all-biz.com/articles/question.asp
www.amlist.com
www.dmnews.com
www.craftassoc.com/modisk.html
http://homebiz-info.com
www.palis.com/index.htm
www.thinkdirectmarketing.com
http://prodigy-business.digitalwork.com
www.4eletter.com/about.asp
www.allbusiness.com/business_center/tools
www.infousa.com
www.postmasterdirect.com.
Chapter E
www.exhibitornet.com
www.expobase.com/exbweb/abouteb.htm
www.expoguide.com
www.gesexpo.com
www.isquare.com
www.tradeshowadvisor.com
www.tscentral.com
www.tsnn.com
www.tsnn.com/exhtips.htm
Chapter F
https://ace-net.sr.unh.edu
www.businessfinance.com
www.thecapitalnetwork.com
www.datamerge.com/financingnews/financinginsights .html
www.financehub.com
www.garage.com
www.inc.com/articles/details/0,6378,ART869_CNT53,00.html
www.inc.com
www.loanwise.com
www.quickyes.com
www.altavista.com
www.excite.com
www.go.com
www.infoseek.com
www.lycos.com
www.msn.com
www.yahoo.com
http://home3.americanexpress.com
www.allbusiness .com
www.bizproweb.com
www.bplans.com
www.businessfinance .com
www.inc.com
www.inreach.com/sbdc/book/toc.html
www.isquare.com
www.lookupusa.com
www.lowe.org
www.onlinewbc.org
www.toolkit.cch.com
www.tsbj.comwww.about.com
www.isquare.com/stateoffices.htm
www.corporate.com
Chapter G
www.digitalwork.com
www.altavista.com
www.excite.com
www.go.com
www.infoseek.com
www.lycos.com
www.msn.com
www.yahoo.com
http://home3.americanexpress.com
www.allbusiness .com
www.bizproweb.com
www.bplans.com
www.businessfinance .com
www.inc.com
www.inreach.com/sbdc/book/toc.html
www.isquare.com
www.lookupusa.com
www.lowe.org
www.onlinewbc.org
www.toolkit.cch.com
www.tsbj.com
www.about.com
www.isquare.com/stateoffices.htm
www.corporate.com
Chapter H
www.icode.com
www.hooversonline.com
www.myservice.com
www.onlinewbc.org
www.score.org
www.supplierfinder.com
www.ezines.com/secrets.html
Chapter I
www.tv-infomercial.com
www.dmnews.com
www.imstv.com
www.infomercialindex.com
www.la411.com
www.responsetv.com
www.altavista.com
www.infoseek.com
www.yahoo.com
Chapter J
www.insiderreports.com
www.proedsvc.com
http://home.eathlink.net/~fpearce/Jointventure.html
www.insiderreports.com/legalfrm/b10198.html
www.struc.com/news/51int.htm
www.wjmurray-assoc.com/jvdevelop.html
http://pacific/commerce.ubc.ca/evc/vc_title.html
www.nasvf.org
http://ace-net.sr.unh.edu
http://financehub.com
www.garage.com
www.insiderreports.com
www.insiderreports.com
www.nfib.com
www.nvca.org
www.nvst.com
www.privateequity.com
www.pwcmoneytree.com
www.sourcecapitalnet.com
www.startupuniversity.com
www.vcaonline.com
www.vcapital.com
www.v-capital.com
www.vfinance .com
Chapter K
www.pathfinder.com/fortunesb/resources/best_books.html
www.1800mylogo.com
www.amanet.org
www.bizmove.com
www.businessknowhow.com
www.connect.claritas.com
www.guru.com
www.infoworth.com/ask.htm
www.insiderreports.com/bizrpts/resource.htm
www.insiderreports.com
www.isquare.com
www.office.com
www.onlinebusadv.com
www.professionalcity.com
www.score.com
www.smallbizmanager.com
www.trainingforum.com
www. trainingnet.com
www.usadata.com
Chapter L
http://lcweb.loc.gov/copyright
www.isquare.com/stateoffices.htm
www.uspto.gov
www. about.com
www.adlaw.com
www.corporate.com
www.lawyers.com
www.legaldocs.com
www.lib.utexas.edu/Libs/ENG/PTUT/ptut.html
www.lib.utexas.edu
www.nameprotect.com
www.nolo.com
www.parcorpsvcs.com
www.patents.com
www.quickforms.net
www.siccode.com/forms.php3
www.smartagreements.com
www.venable.com
www.yourbizservices.com
Chapter L
www.business24-7.com
www.narda.com
www.retailernews.com
www.retailing.com
Chapter M
www.business24-7.com
www.narda.com
www.retailernews.com
www.retailing.com
Chapter N
http://ajr.newslinks.org
http://globaltower.com/e/exporter/benefits.html
http://globaltower.com/e/exporter/benefits.html
www.888allmags.com
www.advertisingresults.com/usrpages/hanson.htm
www.chicom.net/resources/press.html
www.cnpa.com
www.discountadvertsing.com
www.enews.com
www.gallery.uunet.be/internetpress/American.htm
www.gebbiepress.com
www.jenntech.com /newspaper
www.magazinedata.com
www.mediafinder.com
www.magazineremnants.com
www.newspaperlinks.com
www.newspapers.com
www.papers.com
www.thriftynickel.com/flash/national_main.html
www.tradepub.com
www.usnewspapers.net
http://ajr.newslink.org
Chapter O
http://advertising.utexas.edu/world/Outdoor.html
www.d-net.com/min2/min41855.html
www.oaaa.org
www.signweb.com/links/SWParticipatingMembers.html
Chapter P
www.pressblaster.net.
http://desktop-journal.com
http://lamar.colostate.edu/~hallahan/hpubty.htm
www.advertsing4free.com
www.dern.com/welltemp.html
www.gopressrelease.com
www.ideasiteforbusiness.com/direct.htm
www.internetwire.com
www.marketingsource.com
www.newsbureau.com
www.pressflash.com
Chapter Q
www.tcguide.com
www.write101.com
http://postcards.cashconnection.com/Carddeck.htm
www.acpinc.com/healthinfo/cardpack/main.html
www.bignetprofits.com/onemil-thumb.htm
www.capitalwave.com
www.chelseadirect.com
www.d-net.com/min2/min41867.htm
www.groupcomputing.com/Information/AdvertisingInfo
www.homebusinessmag.com
www.mbbonline.com
www.thedesignlist.com/index.html
www.vulcanpub.com/imdcd/advertising/directmail
www.market.comm/Interstate/carddeck.htm
www.worldprofit.com
www.entertainment.com
www.fundraisingcards.com/ricknew.htm
www.valpak.com/info/advertising.jsp
www.ppa.org
www.gopromos.com
Chapter R
http://ajr.newslink.org/rneradi.html
http://ajr.newslink.org/statradi.html
http://members.aol.com/_ht_a/radioinfom/page/index.htm
www.radioairtime.com/buyradio.htm
www.rronline.com
www.web-radio.fm/fr_newstalk.html
Chapter S
www.salesdoctors.com
www.sellingpower.com
Chapter T
http://salesdoctors.com/welcome/besttelesales.htm
www.coldcalling.com
www.exp.com
www.smartbiz.com/sbs/arts/dun10.htm
www.smartbiz.com/sbs/arts/hph15.htm
www.smartbiz.com/sbs/cats/tele.htm
www.telemkt.com
Chapter U
www.sba.gov
www.adobereader.com
www.insiderreports.com
http://cbdnet.access.gpo.gov
http://classroom.sba.gov
http://classroom.sba.gov/officecom.html
http://pro-net.sba.gov
http://web.sba.gov/subnet
www.bidengine.com
www.business.gov/busadv
www.fedmarket.com
www.fedmarket.com/
www.pueblo.gsa.gov
www.sba.gov/bi/bics
www.sba.gov/hotlist
www.sba.gov/sbdc
www.score.org
www.state.ca.us
www.uschamber.com
www.sba.gov/sbdc
www.sba.gov/bi/bics
www.sba.gov
www.sba.gov/hotlist
http://classroom.sba.gov
http://web.sba.gov/subnet
www.fedmarket.com
www.fedmarket.com/sales_resources/bids/state
www.state.ca.us
www.business.gov/busadv
http://cbdnet.access.gpo.gov
www.pueblo.gsa.gov
www.uschamber.com
Chapter V
www2.targetonline.com/tm/articlesearch/drtv.html
www.fulfillmentnetinc.com
www.fwmedia.com/reports/maillist.htm
www.icemall.com/national/cabletv.htm
www.outbackmedia.com/services.shtml
www.pmci.com/pmci/fulfillment.html
www.responsetv.com
www.strategicfulfillment.com
www.televisionairtime.com/index.html
www.tvadvertising.com/tvad/tvbigidea/campaign.html
www.tv-informercial.com/media.htm
www.hsn.co
www.qvc.com
www.collectibles.co
Chapter W
www.Microsoft.com/frontpage/?RLD=29
www.networksolutions.com
www.register.com
www.htmlclinic.co
www.ncsa.uiuc.edu/General/Internet/WWW/
www.pages4free.8m.com
www.pageresource.com
www.vjungle.com
www.workz.com
www.addr.com
www.bizland.com
www.thedirectory.org
www.gethosted.com
www.hostcompare.com
www.hosthelp.com
www.netnation.com
www.webhosting.com
www.addme.com
www.bcentral.com
www.searchenginewatch.com
www.promotionworld.com
www.smartage.com
www.virtualpromote.com
www.webknowhow.net
Chapter X
http://adres.internet.com
www.internet.com
http://angelfire.lycos.com
http://home.cnet.com
http://internet.com
www.internet.com
http://smallbusiness.yahoo.com
www.200sharewarelinks.com
www.aepublishing.com
www.all-biz.com
www.askjeeves.com
www.beyond.com
www.bizbuyer.com
www.bizoffice.com/library/library.htm
www.bizweb2000.com
www.clickit.com
www.elibrary.com
www.entrepeneur.com
www.eweekly.com
www.freewell.com
www.headlight.com
www.homebusinessmag.com
www.hoovers.com
www.insiderreports.com
www.ideacafe.com
www.ideasiteforbusiness.com
www.infojump.com
www.iwant.com
www.knowthis.com
www.marketingsource.com
www.mep.nist.gov
www.pathfinder.com/fortunesb/resources
www.pronetpreneur.com
www.sbba.com
www.smallbizhelp.net
www.smallbusinessresources.com
www.smalloffice.com
www.smartbiz.com/sbs/store.htm
www.startupuniversity.com
www.usadata.com
www.thewarriorgroup.com
Chapter Y
www.bigyellow.com
www.profitboost.com
Chapter Z
www.lifestylespub.com.
www.about.com
www.ad-itude.com
www.allbusiness.com
www.bizmove.com
www.bizweb2000.com
www.businessknowhow.com
www.buyerzone.com
http://aaecommercesolutions.com/subscrib.htm
www.elibrary.com ,
http://business.elibrary.com
www.ezineadsource.com
www.freetips.com
www.virtualpromote.com
www.insiderreports.com/forms/frmsubscribeezine.htm
www.netnetmoney.net
www.marketingtips.com/subscr.html
www.keysteps.com/TrafficBuilders/ezines.htm
www.jup.com/jupiter/digest
www.tqm-online.com
www.actionplan.com/flash.html
www.marketingsource.com
www.paloaltosoftware.com/newsletter.cfm
www.onelist.com
www.score.org/enews/
www.bizoffice.com/frame_index.html
www.ibm.com
www.tsbj.com
www.write101.com
www.wilsonweb.com/wmt
www.webpromote.com
www.gmarketing.com
www.emarketer.com/services/eservnewsl.html
www.ezineadsource.com
www.ezinecenter.com
www.meer.net/~johnl/e-zine-list
www.ezinesearch.com
www.ezinestoday.com/freesubs/freesubs1.htm
www.ecki.com/links/ezine.shtml
http://list-city.com
www.newsletteraccess.com
www.zinezone.com
http://kwilliams.hypermart.net/course.html
INTRODUCTION A B C D E F G H I J K L M N O P Q R S T U V W X Y Z LINKS
ADVERTISING
BOOKS & PREPARING A MARKETING
PLAN
CATALOGS
DIRECT MAIL & DIRECT MARKETING
EXPOS, TRADESHOWS &
CONVENTIONS
FUNDING & FINANCING YOUR
BUSINESS
GETTING STARTED - YOUR BUSINESS
PLAN
HATCHING YOUR PLAN
INFOMERCIALS
JOINT VENTURES & VENTURE CAPITAL
KNOW HOW
Legal: Copyrights, Trademarks & Patents
MASS MERCHANDISERS
NEWSPAPERS & MAGASINES
OUTDOOR ADVERTISING: SIGNS &
BILLBOARDS
PUBLICITY, PRESS RELEASES & THE PRESS
KIT
QUICK & QUALITY IDEAS THAT WORK
RADIO
SELLING & CLOSING THE SALE
VIDEO, TELEVISION & CABLE
WORLD WIDE WEB
xSITES
YELLOW PAGES
eZINES