Archive for September, 2009

Using Crisis to Create Success!

Wednesday, September 30th, 2009

CATAPULT-COVER_tammy-210x300Everyday, business emergencies, crises, and disasters suddenly liberate organizations from the restraints of the institutionalized barriers to performance improvement. These events evoke powerful and dramatic responses that cannot be matched by any of the structured programs and technologies a company may currently use. They can be large or small.

Here’s an example:

When adulterated Tylenol capsules caused the deaths of seven people in September 1982, Johnson & Johnson organized a crash program to protect the public as well as to salvage its #1 brand product.  One of the most critical tasks was to design a sealed package.  Within seven weeks, a team of engineers and designers had developed and tested a triple-sealed package, redesigned production processes and equipment, developed new package graphics, and moved into full-scale production.  Completing this series of complex tasks under normal circumstances would have taken well over one year, nearly two years. (more…)

Online Business Marketing Success

Wednesday, September 23rd, 2009
New Online Business

New Online Business

Starting a business online can be one of the easiest things you can do. It doesn’t take much money, and with all of the free software available, it is very easy to automate every aspect of your business.
Start here with our Marketing Grader this free marketing quiz will assist your organization to get on the right track prior to making a commitment to a marketing plan that just isn’t focused.
Once you start to market, things can change very quickly. The Internet is like the Wild, Wild, West. There’s no structure to the organization of the Net, and if you don’t give your customers a way to find you, you won’t make any money from your business.

Although you will find that there are as many “guru” opinions on how to market your business online, as there are gurus, there are four methods than can help you to increase your profits very quickly and mainly involve investing your time. (more…)

Three Simple, but Effective Marketing Strategies

Monday, September 21st, 2009

Integrate Your Marketing Efforts – As an internet marketing consulting firm we oftentimes find that online communications are somehow segregated from other communication vehicles. By simply integrating, or at least informing your online marketers of what is taking place online they can better help to make sure that your online efforts can benefit.

At Marketing Performance we have developed a list of seven ways that marketing programs can be better integrated. You can view our free down loadable white papers Tips on Increasing Your Marketing ROI

Develop Key Performance Indicators – Essentially key performance indicators or KPI’s are how you define success in your organization. While obviously sales is the primary metric, it is also critical to develop other metrics that allow you to measure your organization more upstream and hence develop greater predicative measurement tools that can help you pinpoint trends before they impact the bottom line. Also KPI’s can help you better analyze your marketing efforts in quantifiable ways that can provide value to the organization.

A few examples of KPI’s that we’ve helped companies integrate include measuring number of site visitors in a given sales territory or region, analyze visitor content interest (what products are the most popular and which are being ignored).

Expanded Exposure to New Markets for Free – Through a strategic use of search engines it is possible to capture new markets in ways that build long-term revenue and marketshare. Several Marketing Performance clients have actually entered brand new markets through this strategy that leveraged their current internal experience as well as long-term strategic directions.

Blind Spots and Other Driving Hazards…. On the road and in your business.

Sunday, September 13th, 2009

trafficAs a lot of my friends and business colleagues know, my oldest son is currently in the process of getting his driver’s license; ad guy by day, dad and driver’s instructor by night.  One of the things we have been practicing without fail on a daily basis is parallel parking.  When I was 15 years old, my grandmother was my driving coach and she taught me a few “tricks” about rearview mirrors, side mirrors and the blind spot just over your right shoulder as a way to glide any car into the parking space with just the three maneuvers you can have during your parking test.  With a little practice and these little tips, my son has parallel parking down.

But what about business?  Yes, your business and some of the tips and tricks necessary these days to make the most of your marketing dollars and keep you within the space allotted without bumping or hitting the curbs?  Blind spots in cars are easy to identify.  Blind spots in our businesses aren’t so easy.  Why—because if we could see them, they wouldn’t be blind spots.  Here are a few common blind spots I see in businesses with which I consult: (more…)

The ROI on Your Marketing Dollars

Friday, September 11th, 2009
Marketing ROI

Marketing ROI

Times are tough for organizations large and small right now in 2009.  Oftentimes organizations overlook the power of marketing and look to cut expenses in that area. As a marketing professional I am saying “Don’t Cut Your Marketing Budget- Increase it!” but I am also a business owner, and as a business owner I am saying “Don’t Cut Your Marketing Budget- Increase it!”

Here’s why:

What does improving a website’s conversion rate do for an organization’s Roi on marketing budget.

Let’s suppose your site draws 100,000 unique visitors per month and you have an average conversion rate of  2.5%. If you average sale is $50, then you gross about $125,000 a month. Let’s also say that after some optimization work and a few split testing actions, you increaseyour overall conversion rate by just 10% (very achievable goal with Marketing Performance), and your conversion rate is now 2.75%. Your monthly gross is now $137,500. The incremental annualized revenue realized is $150,000 more than where you began.

Now, imagine if you do nothing. How much money are you leaving on your competitors table?

Contact Marketing Performance Today and improve your marketing ROI!