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"New
Marketing System Gives Small Business an Edge"
October 1, 2004 Las Vegas, NV - CustoMores is a small Marketing and Consulting Firm with a
very large vision - that of supplying small retail businesses
and service professionals with a much needed marketing edge. They
call their new approach the 12X12 Intelligent Marketing System.
(12 months, 12 blocks, 12 steps). The philosophy behind the 12X12
system is simple - brand locally and consistently and use the
best information and presentation to achieve the most impact.
With the
average man-on-the-street being exposed to nearly 3000 advertising
messages a day, at a time when nearly 89 percent of every piece
of advertising you see and hear is forgotten after 72 hours, getting
attention for any business owner becomes a very difficult task.
Customores accomplishes this feat in
two steps. First, they create a powerful business identity package
with a talent pool of top-notch artists. The goal is to start
with stunning graphics for instant impact. The philosophy behind
this is simple - if they notice you the first time out, you are
way ahead of the pack.
The next
step is to target local residents within a five-mile radius of
the business with a new marketing technique called "Info-Marketing".
This technique is basically the repackaging of advertising as
information. Says Owner, Daniel Sage, "We are truly living
in the “information age” where the hunger for information should
be not be ignored but rather embraced as the direction advertising
needs to go. I see the explosive growth of the Internet, as a
powerful wake up call to the fact that content really is king.
Simply put, people will tend to ignore advertising but continually
seek news and knowledge.”
The intention
of “info-advertising” is to increase the effectiveness of every
business promotion item by giving the consumer an advertising
piece that is not disposable. That “piece” is information. CustoMores
is currently one of the only Marketing Firms in the nation incorporating
this insight into all aspects of its’ promotional campaigns. Top of Page
As far as
regional and neighborhood advertising methodology, the fact is,
some 90% of consumer purchases are now made within 3 to 5 miles
of home. (Think about your own buying habits) The entire success
of Chain Stores and Franchises is built upon the science of “market
saturation and consumer convenience". By setting up a shop
on every corner of urban and rural America (based on
the growth rate) the chain stores have fine-tuned the term “close
to home” and made it Americas’ reality.
CustoMores is simply utilizing the same data and strategies and
incorporating this inside knowledge to benefit the small, single
store retailers to help them compete with the big boys. Says Sage,
"These techniques and insights will allow us to accomplish
in a single campaign what many other ad agencies and direct mail
co-ops do in five. We use a combination of guerilla promotional
techniques offline and integrate those it with the web to make
our client stand out in the neighborhood he or she calls home."
As
far as the web, Overture, including Yahoo, is targeting small
businesses with the launch of Local Match, a new pay per click
service enabling half mile radius precision targeting in the US.
Anxious to secure some of the $22 - $94 billion local advertising
market, Overture developed Local Match in response to the growth
of online directories such as yellow and white pages. The new service is available for Yahoo,
Microsoft MSN, some InfoSpace websites,
and MyCity.com. Google recently launched
a similar regional marketing program.
According to marketing research
experts the Kelsey Group, Small and Medium-sized Enterprises (SMEs) will spend $50 billion on GeoCommerce by 2006. The study also reveals that
approximately 10 million U.S. small businesses
spend an average of $4700 each year on advertising and marketing
across all media. In 2000, this translated into a local media
market of $33 billion dollars spent by small businesses on print
Yellow Pages, newspapers, Web sites, banners, direct mail, coupons
and other locally targeted advertising and promotional media.
CustoMores is a one-stop shop for logos, tag
lines, print materials, website design and promotion, direct mail
campaigns and lead lists, local media placement and print advertising,
ad rates, internet yellow page and search engine placement, and
above all -12 months of consultation on what works and what doesn't.
Currently Featured on the Entrepreneur
Magazine website, they can be reached at www.CustoMores.com
XXXXX Top of Page
LOCAL
Marketing OR "Selling in Your Own Back Yard" (Where
it Really Counts!)
by Daniel Sage
Top
of Page
This Article is Currently
Featured on the Entrpereneur Magazine Website. See Link
Here's the breakdown. You have a business. You have a business
location. You have
a neighborhood where that
business is located. You provide a service or product that's
truly valuable to the right people. Great,
now how do you find them? Or, maybe the
Question should be - Where? How Will the Customers you Need
EVER find You?
Welcome to Business Marketing 101...
FACT "But Most Consumer Purchases are Made Within 12 City Blocks."
Think about it! Most Chains and Franchises (Burger King, Starbucks,
Target,
Wal-mart etc...there are now thousands!) can be found wherever
there is enough
Market Saturation. Most National
Chains, Franchises, Grocery Outlets and Even
Local Banks have figured this Equation out and are using it
to reap HUGE sales by
Region Count. (Census Tracts) They know the 12-Block Rule and
apply it vigorously
in all of their Sales and Marketing
Strategies!
They also know that Market Share is the most Important Term
in the Advertising Game.
Let's review a few things about the world of Business Advertising.
There are more than 2 Million new businesses started every
year.
(Most are these are home based; this doesn't include MLM's or Affiliate programs)
Over 500,000 of these will fail within 2 years.
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- The average Successful ad campaign costs about $250,000 dollars.
- The average TV commercial is $10,000 for 60 seconds.
- The average radio commercial is $100.00 for 60 seconds. ($5000 to Produce!)
- To rent a Cab top billboard is about $300 a week.
- The average Freeway Billboard is between
$2500-$5000 a month.
All of these fall under the category of Blanket Advertising.
(Expensive and mostly
ineffective in the short run, especially for
small businesses. It works for Chains and
Franchises simply because of the number and
convenience of locations.)
Can you even hope to compete with their Advertising Budgets
or Reach?
So, now that you know how local buying habits directly affect
you - how many of
these people does your advertising strategy
currently reach? Do you even know
how many residents there are in the
12 blocks surrounding you? Let's expand our
marketing radius to 2 or 3 miles or a single
zip code. Do you know anything about
those residents? More importantly, do
THEY know about YOU? These are questions
you will need to answer if you are making
your business succeed locally or at all.
The 12 Block Rule is the Secret Ingredient to Franchise and
Chain Store Success.
As a small enterpriser will never beat them at this game unless
you engage the customer
on a more personal level. They are
the big corporations but you have one Serious Ad-
vantage. You don't need 300 customers a
day to meet your bottom line. This gives you
the upper hand in targeting your market.
You might only need 20 a day or 20 a month
to meet yours and this means you can
be a little more accurate in pinpointing your
potential market. Smaller overhead means less
mass-marketing is needed. Better to
build than slowly and gradually and treat
each customer as the precious commodity
he or she is. You can spend less on
"blanket type" advertising and be more direct in
your marketing.
Top
of Page
This also requires some degree of "intelligence"
on your part to determine who the
best prospects are for your business.
Start by determining who is a perfect candidate
for what you sell. Is it something everybody
can use - or is it something that everybody
needs? There is a very Big difference when it comes to marketing. Direct marketing
is not just removing the middle-man
from the buyer-seller equation. It's also a more
hands on approach to reaching the consumer
on his home turf. This means you'll need
a deeper understanding of your customers
and why they buy from you. Examine your
business sales to date- who's been buying
from you and why? Determine as much as you
can about your current client or customer
and you will have the basic profile of who your
next one will be. Where in your own neighborhood
do they live? Is there an overall
demographic similarity between most of them
and can you reach more of the same kind
of individuals somehow? This is called
Clustering and this kind of Market Research
information you'll need to create a plan for
of your own business marketing.
Local Marketing makes sense only because CONVENIENCE has changed
ALL of our
Buying Habits forever. You Must now play the game by the new rules or lose by the new
Rules!
Daniel Sage is a Marketing Consultant and Entrepreneur living
in
Las Vegas
.
More info on Local/Neighborhood Marketing can be found on his
site at
http://www.customores.com |