Mainstay Marketing, LLC

Monday, September 10, 2007

Make Sure Your Company Outshines the Rest

Companies nationwide are working harder to survive. Increased competition and economic uncertainties, often trigger business owners to cut back on their marketing and advertising. Instead of cutting back, keen business owners should be taking any opportunity to outshine their competition. When figuring out what you want to do with your company next year, here are a few things to keep in mind.

  1. Develop a plan. It is always surprising how many small companies neglect to do any kind of business or marketing planning. Figure out where you want to go and how you are going to get there. Then write the plan down and update it periodically.
  2. View marketing as an investment. The more you strategically market to the people who need your product or service, the more customers you will attract.
  3. Evaluate what you are currently doing to make sure the money you are spending on building your business is working for you. Don’t use strategies just because they are part of a traditional marketing program. Focus your efforts on a program that will get you the best results.
  4. Stop using strategies that are not working, and always remember to test and measure so you know whether you are effectively reaching your target audience.
  5. Review your marketing message. You want to be certain it clearly and concisely demonstrates “What’s in it for me?”.
  6. Don’t forget to have fun. If you love what you do and have fun doing it, you will have no choice but to succeed.