A New Years’ LessonDecember 31, 2011
Presentation Mistakes You Can’t AffordJanuary 16, 2012
Push the Envelope
You might find that your company has been doing the same marketing for years, simply because that’s how it’s always been done. If that’s the case, it’s time to question your company’s tactics. There’s one certainty: things change. And such is the case with marketing. There are a variety of new marketing mediums you can incorporate into your marketing strategies. Take a look at how your competitors are using new tools like social media, variable data printing and QR codes. Then determine how you may be able to use them to grow your business.
Figure Out What Works
It’s great to know what is working from the past year’s marketing plan. One of the easiest ways to do this is to simply ask how you’re doing. Seems simple, right? That’s because it is. You can conduct surveys online, make phone calls or even ask customers in-person.
Once you gain feedback from your customers, you have to actually listen. It can be difficult to hear that something you thought would be a promotional success didn’t work out as well as you had planned. But remember that it’s better to make a change to your marketing for the betterment of the company’s bottom line.
When considering a new marketing plan, it’s important to consider your Return on Investment (ROI). According to Web Pro News, it can be beneficial to look at each marketing activity individually and determine if you had a positive ROI rather than evaluating a comprehensive budget. If not, it’s time to implement a new strategy for the places that are lacking. Keep the positive ROI activities the same, or think of ways that you can improve them.