Ok, so I have been waiting to be inspired with a new blog topic and I finally have a few minutes to share my most recent inspiration with you.
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Economy is going down -- does that mean marketing efficiency is too?
Tuesday, November 18, 2008
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Recent Posts
- The Alchemy of Web Analytics
- Simply. Brilliant. Advertising.
- Why Marketing Is The New Finance - And Why You Should Care
- Kaizen, Samurai, and Quantum Electrodynamics
- Web Analytics That Rock Your World
- Narrow the focus and intensify the experience
- Effective Online Marketing - Part 4
- Effective Online Marketing - Part 3
- Effective Online Marketing - Part 2
- Effective Online Marketing - Part 1
Within the construction industry, many contractors "rely" on word of mouth and referrals for business -- I put that in quotes because they don't proactively manage the process. So when things dry up in the recession they get desperate, and suddenly decide they need to "market" and "advertise".
Alas, many are not very sophisticated about the processes here and they can be victimized by sales reps and badly thought out advertising/media purchases. The challenge is to guide them into less expensive and risky options
Contractors who advertise in good times and have solid metrics of course don't have these problems; they can simply adjust/modify their spending to suit the current conditions.
Obviously, we share a common perspctive on the smartest form of marketing: Making sure your client experience/service is so good that existing clients won't leave or seek alternatives. I think that strategic association membership/participation is the best way to find the dissatisfied clients who are looking for options.