A NATIONAL CONFERENCE FOR LOCAL MINDED BUSINESSES

Archive for May, 2010

You put your ad where?

Friday, May 14th, 2010

Last night Local Marketing Expo had an exhibitor table at the Hampton Roads Chamber of Commerce’s Spring Fling. This is the first ‘outdoor’ networking event of the year. Olde Town Portsmouth is a beautiful area. Roger Brown’s barbque was hot, the reggae from Nature’s Child was jammin’ and the crowd was having a great time. We met many sharp business owners and enjoyed sharing what LMX 2010 is all about!

One business owner I spoke with shared an interesting story with me. I asked if he had ever spent a portion of his marketing budget on advertising and saw little or no return. Yes, he said with a heavy sigh. He shared that he did not receive one call from his ads on the prescription bags at a local grocery store. Well, I said, who are you trying to target? He told me that his service was focused on businesses not individuals. I replied that he should find an avenue that would get his business in front of that group. With a gentle nod of his head, he agreed.

That may seem simple to me and to you, but imagine you are a business owner that wears ten different hats. You know sales and marketing is important but so is payroll, staffing and the list goes on. The bags seemed like a good idea, you need to advertise your business and you are pressed for time.

I feel for the guy. And I hope he registers for LMX marketing conference to learn how to make better decisions with his marketing dollars.

Are you a referral marketer?

Wednesday, May 5th, 2010

Referral marketing is a structured process that maximizes the concept of ‘word of mouth’. Referral marketing does this by informing, promoting, encouraging and rewarding contacts and customers to talk and think as much as possible about your company, products and services. These contacts and customers will tell your story and how much value and benefit your company brings to them and the people they know.

This takes ‘word of mouth’ from a spontaneous conversation to a proactive, productive situation where maximum referrals are generated.  The truth is that referral networking is becoming an accepted and important marketing strategy in local business. The reason for this is simple; it works.

How many of your business cards are sitting in your desk? Handing out three cards to every one of your happy clients with a referral incentive would be a better way to use them, right?

Need more accountability? BNI is the largest business networking organization in the world. They offer members the opportunity to share ideas, contacts and most importantly, business referrals through a local chapter. BNI is structured and only allows one profession per group. Members commit to an annual membership and weekly meetings. The philosophy is “Givers Gain®”: By giving business to others, you will get business in return.” BNI is a brilliant model of actively marketing to other business professionals and building a relationship with them to generate qualified leads.

Make sure you visit the BNI exhibit at Local Marketing Expo. Explore the possibility of being a referral marketer.

E-mail Marketing for Results

Tuesday, May 4th, 2010

What is not to love about e-mail marketing? It is easy to manage, measurable and affordable. With your information only a click away, results may come faster versus your traditional marketing channels. But how do you get results from an e-mail marketing campaign?

If you do not know where to begin or need tips to become more effective with e-mail, make sure you attend Local Marketing Expo and hear the breakout session featuring Sonya Schweitzer, Boss Chick of Wave Marketing. Formally with AOL, Sonya will share from experience how to build an email list, nurture and leverage it to your advantage to build your business and revenue.

Sonya will speak to the cost of an email campaign and potential return on investment. She will make you a believer that the integration of email into a larger marketing strategy is important and effective.