Archive for May, 2008

Electronic Toys That Don’t Need Batteries

Wednesday, May 14th, 2008

SEE Toys by Zen Design Group are windup toys that never need batteries.  The cool, monetary benefit is, according to the company, you get 15 minutes of use before you have to wind them again.  The wonderful benefit is you never have to worry about your children swallowing batteries.

They have five different toys available: DynaFly, DynaShark, DynaCar, DynaTiger, DynaDophin.  They look cool and I think most kids would like them.  There price from $14.99 to $19.99.  The price seems a little high, but considering you don’t have to buy batteries, the price balances out. 

I would like to see a money back guarantee in case I don’t like it when I get it.  I also don’t get the name, SEE Toys.  What does SEE mean?  Anyway.  I think they would be worth trying out.

CopyWriting 101 and more

Sunday, May 4th, 2008

As a marketer, getting your ad copy, article, or whatever you are writing read is your number one goal.  Brian Clark, “new media writer/producer, entrepreneur, and recovering attorney”, is the founder of CopyBlogger.com.  His blog is filled with a wealth of information on writing good copy that gets results.  Check him out.  I’m sure you will learn something that will help your sell.

A Business Podcast About Word of Mouth Marketing

Sunday, May 4th, 2008

I found this business site with a couple of good marketing podcast, www.churchofthecustomer.com.  The site tagline says, “A business podcast about word of mouth, customer evangelism, and citizen marketing from ‘Creating Customer Evangelists authors Ben McConnell and Jackie Huba.”  I listened to the podcast Are all marketers really liars? A chat with Seth Godin and Measuring word of mouth.  They were short, but informative.

There are also a bunch of links on the podcast pages for different products and sites mentioned in the podcast.  I like this idea.  Many times when I listen to a podcast, I can’t or don’t feel like writing anything down.  ChurchoftheCustomer.com has taken care of the note taking.  I think it would be great if all podcast would do this.  Church of the Customer has found a way to include a free prize within their free podcasts.  Great job.

Free Prize, Art Giveaway

Sunday, May 4th, 2008

Long before I read Free Prize Inside by Seth Godin, I believed in the power of attracting interest by giving something away.  In this, and future, blogs, I will write about using Free Prize Marketing to generate buzz.

The first story I would like to tell is a personal one.  In 1995, when I was twenty years old and very new to business, my mother and I opened a consignment shop.  It was the first business I owned.  We were in a poor location, in a little 900 square feet unit of a seven unit mini mall.  There was not enough parking and everyone raced their cars to beat the red light directly in front of the shop.

On Saturday’s we normally made about $200 - $300 dollars.  We often ran sales with no real measurable increase in profits.  Somewhere along the way we started to get customer’s names and  contact information.  We called it a preferred customer’s list. 

One day we decided to send a letter to one hundred people on the list.  In the letter we thanked them for their patronage and invited them to come in on the following Saturday and get a pair of sterling silver hoop earrings for free.  We hand wrote the letters ( I’m not sure I would do that again) and mailed them with a flyer for a 20% off sale on the same Saturday.

The next Saturday we gave away thirty pairs of earrings and made almost $700.  This was almost double our highest collected on any given day.  The key?  We gave something away that was targeted to our group.  The earrings only cost us thirty cents per pair (they were small hoops, but everyone was very pleased with them).  The mailing cost us something like $40.  So, for fifty dollars we were able to more than double what we usually made.

 

Seth Godin Free Prize Inside

Sunday, May 4th, 2008

I just finished Seth Godin’s book Free Prize Inside.  As expected, it helped me to take a step back and reanalyze my marketing endeavors.  I have been practicing, although very sparsely, the Free Prize brand of marketing since I opened my first store in 1996.  But Seth’s book as convinced me that Free Prize marketing must be a part of every marketing campaign.  It must be built into the product, the brand. 

The newest and most helpful thing I learned was what Seth calls “Edge Craft”.  Instead of using brainstorming to randomly fire unguided missile, Edge Craft start with where your product is now and then takes you to the extreme edges of marketing that product using Free Prize thinking.  I definitely recommend this book to anyone who is interested in marketing.

You can learn more about Seth Godin, Free Prize Inside, and other books he has written at sethgodin.com

Commercials, Quit Interrupting Me

Sunday, May 4th, 2008

All day long we are bombarded by tv and radio commercials.  As marketers, its time we stop wasting time and money on these unmeasurable, unproductive mediums.

I know that some of you are thinking that so many large and “successful” companies run plenty of television commercials.  And if they are doing it then it must be the right thing to do.  Didn’t your momma tell you don’t do something just because everybody else is doing it.

Most of the big companies don’t get it.  They continue to use traditional marketing instead of adopting new strategies.  For instance, there is a potato chip company running a television commercial right now with a little man visiting a psychologist.  His wife keeps telling him to try the new smaller bags.  He feels she is poking fun at his size.  I have seen that commercial at least nine or ten times and I still cannot remember the brand.  How much more powerful would it be if the next time I went to the store they gave me a free sample of the new bag and a coupon to buy a case or better yet, they delivered them to my work place and gave everyone a free bag and a coupon.  It probable would cost less than the commercial in terms of cost per thousand reached.  But they don’t know that because they can’t measure the true cost per thousand reached with a tv commercial.

Many people are tired of commercials and basically tune them out.  I heard Seth Godin give a statistic that 83% of all Tivo users skip commercials.  That ought to tell you something.

In my opinion, radio commercials are worse than tv commercials.  Almost every time commercials play on the radio, I change the station.  There was an air conditioning commercial on the radio where this guy said “too dirty” in a weird kind of way.  It was really aggrevating.  But they kept playing it over and over and over.  To make matters worses, they made another commercial and the guy said “too dirty” the same way.  The first commercial sounded like he natural said the phrase that way.  You could tell it was forced in the second commercial.  Everytime that commercial comes on there is no doubt I am changing the station.  If I do need an air conditioning company to do some work for me, it won’t be that company.

Spend your marketing dollars creating better products, building relationships with your customers, running promotions that give you more permission, and advertising that doesn’t interrupt, but is statigically placed where the customer is looking for it, like google.com’s adwords program.