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Marketing Tip of the Day

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Three Important Steps to Ensure a Top Notch Marketing Plan

January 18th, 2010 | Marketing | 4 Comments

Your marketing plan is the documented methods and procedures that you plan to use to measure your sales and to track your marketing success. This should be reviewed on a monthly basis but can be done on a weekly basis as well to ensure that your marketing efforts are on the right path. It is important to understand that this is not the instruction on how to create a marketing plan. These key steps are for those who have already made the effort to create a plan and want to ensure that their marketing plan is a top notch one.

In order to have an effective marketing plan, it must be able to address all of the areas of marketing that are impacted. Evaluating target markets, brand position and your competition. Creating the right marketing mix and structuring sales processes and making sure that you have allocated adequate budget to achieve these types of objectives are all a part of your marketing plan. Having a limited budget does not mean you cannot have a top notch marketing plan. It does mean, however, that you have to conduct a marketing plan audit to make sure that these objectives are properly met.
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The Top Five Headlines That Grab Readers

November 29th, 2009 | Marketing | 0 Comments

It’s true, if the headline gets your attention, you may read nearly the whole article before you stop and realize it. This is the power of great headlines and it’s the kind of magnetic appeal you want your articles to have when you are trying to reach the maximum number of readers. Here are the top five headlines that you can use to get readers into what you have to say:
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Easy Steps to Creating An Autoresponder Email Campaign

November 29th, 2009 | Marketing | 0 Comments

Have you been looking for some guidance on how to create an autoresponder email campaign but find it frustrating with so many misnomers and websites that hint at how to set up your campaign but don’t actually give the information you need? If so, your search is over because we’ve put together some basic steps that will help you to set up an autoresponder email campaign in no time at all.
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Creating the Right Size PowerPoint Slide Show Background

November 25th, 2009 | Marketing | 1 Comments

Microsoft PowerPoint certainly lives up to its name in more ways than one. It is the top of the line for many when it comes to making slide shows for business presentations, conferences and more. One problem that many people encounter is not knowing what size to make their slide show background image. The good news is that you don’t have to reformat your entire computer to create perfect slide shows every time.

The first step to understanding how to create the right size images for PowerPoint is to toss out any ideas you’ve been given about formatting your images by scanning them to a certain dpi. When it comes to PowerPoint, there is a simple way to ensure that your figures are clear, dazzling and easy to view, forget about dpi all together and turn your focus instead towards the screen resolution of the computer you’re using. This doesn’t mean that you have to be concerned with the resolution if you go to a larger screen either, such as a video projector.
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Customer Acquisition: How Much Spending Is Enough or Too Much?

November 24th, 2009 | Marketing | 0 Comments

Let’s face it, whatever your business is, no matter what goods or services you may offer, there is no question that you must have customers. Whether you are just starting out as a new franchise or a well established business with branches around the world, your customer base is what makes the difference in your level of profitability. It makes good sense, therefore, that customer acquisition be given the proper level of authority as well as respect. What does that mean?

It means the most critical question you can ask yourself regarding customers is:

How much can you afford to invest in the acquisition of a new customer?

When you can answer this question in a realistic manner that does not take your budget into the dungeons of inadequacy, you have arrived at the point where you will be able to acquire new customers when you need them without sacrificing budgetary amounts that have been designated to other necessary expenditures. This is often referred to as the lifetime value of a customer, which can be expressed as a formula for ease of understanding:

LTV = Purchasing Frequency x Length of Loyalty x Gross Profit

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Tapping Emerging Markets Through Effective Localization and Translation

November 17th, 2009 | Marketing | 0 Comments

The internet has revolutionized the scope of both advertising and expanding a business. Understanding the nature of a market becomes simpler, making targeting it through advertising a more reliable and successful practice.

Online marketing, in terms of expenditure, overtook television advertising in the UK in 2009. Through making it possible to know exactly what aspect of a marketing campaign is working, online marketing offers the opportunity to target relevant customers in a specific and profitable manner, which could only be dreamt of in the days of traditional advertising.

Online marketing is nonetheless fundamentally similar to traditional ways of advertising and expanding a business. Just as a business would target a local market by researching customers’ needs, competitors’ practices, and gaps in the market, so too a business with a strong web presence must target the same in an emerging international market.
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The Six Democratic Principles of Marketing

March 31st, 2009 | Marketing | 2 Comments

Following these six democratic principles – on the part of both consumers and marketers – will lead to better marketing.

Exchange

The act of exchange between a buyer and a seller can create value for each and also create value for society. Exchanges are fair, equitable and socially responsible.
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Six Steps to a Social Media Strategy

March 31st, 2009 | Marketing | 5 Comments

There are a lot of people that want to develop a social media strategy, but have no idea where to begin. This article provides a Six Step guide to developing a social media strategy. Of course, a fully developed social media marketing plan would be much more in depth, but this guide will get you off the ground and provide a solid foundation for future social media campaign expansion.

Challenge

Supplement an existing PR campaign and lead generation strategies with new social media tactics, and track the results.

The Campaign

This is a six step guide to entering the world of social media to drive visitors, increase lead conversions, and expand your company’s brand awareness. The results will be analyzed in correlation with traditional metrics, such as uniques visitors, bounce rates, leads, sales, and pipeline results.
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