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2003 Marketing Trends
By Kimberly McCall
Small businesses are ceaselessly seeking low-cost, high-impact
marketing techniques. Looking forward to 2003, I asked Kare Anderson,
a former Wall Street Journal reporter and author of Pocket Cross-Promotion
Marketing, for her thoughts on next year's trends. Anderson is a co-founder
of Sausalito, California-based Communicate to Connect Center (kareanderson.com),
a consulting, speaking, and writing company that helps businesses attract
clients.
Kimberly McCall: Marketers are planning for 2003 marketing with
meager budgets. How can a small-business owner squeeze extra mileage from
a minimum budget?
Kare Anderson:
1. Join forces with others who serve your kind of client to gain access
to each other's client base, cut overhead and multiply contacts with hot
prospects. For example: Refer to each other's products, display each other's
products (perhaps as they might be used together) or offer samples of
each other's products.
2. Inspire customers to buy more at one time, or over time, by giving
them a prize/product from your cross-promoting partner (your customers
must pick up their prize at your partner's premises); you do the same
for your partner.
3. Rather than selling products or services by name, sell the situation
in which they can be used, especially situations that your most lucrative
kinds of customers crave.
4. Multiply positive exposures people have to your product (fun, fast,
convenient) and reduce negative (boring, irritating, confusing, "unfairly"
priced) exposures.
McCall: Crystal ball time. What marketing trends do you see for
2003?
Anderson: Times and the economy will be uncertain, so people will
want to:
Be coddled (called by name)
Get personalized treatment (let me offer my product to you, your way).
Get guilt-free excuses to make small splurges (a timeless cashmere sweater
or gourmet coffee beans)
McCall: You're a big proponent of cross-promotions. Please give
a few examples of how two businesses might partner up for mutual benefit.
Anderson: Use a "marketing multiplier method." You dramatically
cut marketing costs while multiplying the credible ways and places hot
prospects see your product in use. Many prospects will see your product
along with businesses they already know and trust.
For example:
1. Take a digital photograph of a situation in which your product/service
and those of others can be used with other products/services. Add an inspiring
and instructional message about why and how to create that situation,
with the names and contact information of the participating vendors.
Turn this into a multi-use promotional piece: a poster for all participating
vendors to display on-site; a print ad for the local shopper newspaper;
an outsized postcard to mail to your local market area; put into each
customer's bag when they buy from you. With three to ten partners, you
can afford a high-quality photograph.
2. Print joint promotional messages on your receipts.
3. Offer a reduced price, special service, or convenience if customers
buy products from you and your partner.
4. Lease space within another establishment or agree on side-by-side
sites. Examples: Noah's Bagels sells Starbucks Coffee. A restaurant or
fast-food operation leases space within a hospital or motel (Pizza Hut
in Days Inn). Kinko's leases space within certain hotels. Popeye's Chicken
& Biscuits in a Kroger supermarket increases traffic for both guest
and host companies. The post office locates a substation in a supermarket.
An accessories store leases space within or next to a clothing store and
is joined by internal doors. A stadium leases space to a concession operator.
Co-produce an in-store or office event, a demonstration, celebrity appearance,
experts' free consultations, free service or "how-to" talk from
a master.
"Sayitbetter E-Zine, Copyright © by Kare Anderson, author,
speaker, and founder of the Say it Better Center, http://www.sayitbetter.com.
All rights reserved."
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