Wholesale Dropshippers & Dropshipping Product Suppliers Blog

Thursday, January 06, 2011

The importance of Marketing Relevance

Not more than a decade ago, marketing was considered a relatively simple job, however with ever growing competition and consumers becoming more and more ad averse, marketing is turning out to be a job that leaves you pulling your hairs in frustration, every now and then. At times, it seems that you had left no stone unturned in your efforts to make more sales and still, you keep falling short of the target. Terms like ROI, targeted marketing or marketing relevancy are much weightier than they used to be, and the business owners and company directors are now capable of differentiating between the effective marketing and mere boondoggles by their marketing personals. On the other hand, customers are getting increasingly irritated by the manner businesses have bombarded the digital or print media with their ads, as a result they have gradually developed a tendency to skip any advertising material, come what may.

To cut the long story short, any advertisement that is not relevant will be rejected by the customer, straight away. Imagine that, an outright rejection, which can be regarded as an absolute failure for the marketing department. Therefore, spending time on marketing relevancy is as important as working on the idea and presentation of the ad (even more in many cases). For the reason that a brilliant idea will be wasted, in case the ads do not appear at the right place and at the right time. It applies on all types of marketing, namely online marketing (email marketing, pay per click advertisements or pop up banners), ads in electronic media (Radio & Television channels) or print media (newspapers and magazines).

Online marketing is much more efficient in this scenario, seeing that it provides the marketers with much more control over the display and exposure of their ads. You can spend bucket loads of dollars on sponsoring some of the most viewed TV shows and still more than half of the viewers would downrightly ignore the commercials. Why? Because they are in no mood to ponder over some buying decision in their leisure time, for example if some life insurance ad appears during a football match (viewers will be in a different state of mind altogether, because of the nature of the show). However, online marketing allows you to take help from useful data like search patterns or bouncing rate through different sources, enabling you to keep an eye on your marketing effectiveness throughout the time.

Source:
Wholesale
Wholesale Suppliers

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Sunday, September 05, 2010

Keeping an eye on your advertising effectiveness

Slowly but surely, majority of businesses now understand the importance of marketing. Even the businesses with minimum resources are aware of the concept and significance of marketing. But there’s one thing that still goes without being noticed by many of them, that is advertising effectiveness. Many businesses have no idea on how to measure the success of their marketing campaigns. As a result, they keep running advertisements and marketing campaigns without really knowing if it is effectively working or not. Keeping a check on your advertising effectiveness is very important, or you may be wasting your resources on something useless, without even knowing it. On the other hand, measuring the accomplishment of your advertisement or marketing initiative is not as simple as measuring the increase in sales or inquiries.

How do we know if a commercial is effective or not?

A commercial that turns out to be extremely popular, doesn’t guarantee to be effective. For the reason, that the effectiveness of a commercial can be judged by evaluating its achievements and not by the hilarity in it. Therefore, if a commercial or any other marketing material that was meant to bring in more customers or to build a strong brand image is not effective unless there’s a positive change in the number of enquiries or the brand awareness. In fact, sometimes the storyline gets so interesting that it overrides the intended message in customer’s minds.

Setting objectives:

It is very important to jot down goals or objectives before initiating a marketing campaign. Most of the time, advertisement is targeted at generating sales but other equally important targets could be customer loyalty, product awareness, persuading customers or brand recognition. When setting objectives, make sure these are unambiguous and measurable, especially if you are delegating the project to some outside company.


Evaluating effectiveness:


Many companies test their ads or infomercials on a sample group of targeted customers to see the reaction. For small businesses that may not be possible but you can get the help from your family members or friends and ask for their opinion, the earlier you spot an ineffective medium, the better. If, after spending plenty of time and resources the end result is not impressive, don't waste more resources in distributing, publishing or making it public. Getting the accurate feedback is the key to constructive evaluation. Also, if you are trying to asses on the basis of increase in sales or revenue, don't rush into the process as soon as the commercial goes on air; you need to give it some time to develop.

Source:
UK Wholesalers

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