Improve Marketing Results
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Improve Marketing Results
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You might have tried your hands with some marketing efforts but you don’t exactly feel like wearing a smile on your face. Never mind. Brush off the failure or rather not so successful attempts for now. Let’s look at the future.
One of the ways to make a bright future is to avoid mistakes you have made in the past, right?
Review your past marketing activities
Look back at all the marketing activities you undertook and figure out which one of them got you more clients, customers, increased sales and profits for your business? Now that you have thought of this, you know at least vaguely, which ones work for you and which ones don’t. Delete those that don’t work for you.
Broadening horizon
Anything that you do to put your products/services in front of your prospects is marketing. So do not limit yourself to just sending direct mails or running ads. Creativity can play a role here.
Convert every opportunity into a marketing opportunity. If you get to meet your prospects, spread awareness about the new products, special offers, changes you have made in your business etc.
Pass around business cards when you meet a prospect in person. Online, include your b-card or your email signature stating your name, email address, website address and even your tagline, when you send emails or any material.
Track sales to marketing
You should be able to connect a new or increased sale to a particular marketing effort of yours. Check if you have got any direct or indirect increase in sale, new customers etc. because of a particular activity. Then quantify the same. How many new sales or new customers did you get?
If tracking the past seems difficult, then consider tracking your current customers. Ask them as to how they found you. Conduct surveys to gauge customer satisfaction and slip in a question or two about how they found you. At the end of the exercise, you will have your marketing activities jotted down along with their numbers alongside.
Draw a line
Now that you know what works for you, you have also zeroed in on those that do not work for you. Separate these activities from those that actually result in business. Rework on these strategies or drop them once and for all. Think of new ones. Remember, what works for someone else need not always work with you. If you feel like there is no point continuing a particular marketing effort, then drop it.
Plan for the next year
Index all such information you collect. All this will come in handy while you plan for the next year, with new targets. Do not implement marketing strategies whose performance in terms of successful sale or new customers, you have not been able to track.
Track future activities
All you have to do is ask your new customers as to have they found you. For special offers and discount coupons, circulate flyers and insist that the prospect brings the same to you, in order to avail the offer.
Over a period of time, with careful tracking and appropriate decisions thereof, you will figure how much and where exactly to invest on, as far as marketing expenditure is concerned to reap the maximum out of what you have.
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