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Marketing Tip of the Day

Free strategies and marketing tips every day. Gain a better understanding of advertising and open yourself up to new ideas with my marketing tip of the day gadget. To install the tips on your Google Desktop, iGoogle Homepage or imbed the tips on your own site, click on any marketing tip below and follow the links provided.

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Newspaper Ads

Pros: Newspapers target a large audience, make geographic targeting possible, provide split-run testing ability, and offer immediate exposure.
Cons: Newspapers are cluttered and print with poor quality reproduction, most ads focus on sales and promotions (rather than branding), and they have a very short shelf-life.
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Which Media Outlet?

When you develop an advertising campaign, a careful consideration of the available media outlets must be part of your plan. Every media outlet comes with its own individual pros and cons. A great media outlet for one company may not necessarily be a good option for another - even in the same industry. Even a [...]

Rationale is Everything

Marketing strategies are nothing without a rationale. Your rationale statement provides a narrative explaining how and why you have chosen a particular strategy. This establishes your logic pattern and helps others to understand why a strategy is the best option. This helps people in the future pick up where you leave off and complete a [...]

Strategize the 4 P’s

Remember the 4 P’s of marketing (Price, Product, Place, Promotion) when you develop action strategies. Since the four P’s cover the majority of all marketing decisions you must consider strategies for each. Developing a marketing strategy not only requires that all options be considered, but that the pros and cons of every action is correctly [...]

Focus Efforts & Save

Focusing your marketing on specific niche groups is not only to increase the effectiveness of your campaigns, it is just good business practice. I have consulted many companies that unnecessarily market to large segments of people and get poor conversions (and wonder why). By channeling your efforts and directing the messages to smaller niche groups, [...]

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