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You are here: Home > Business > Marketing > Small Business Marketing Secret #6: A Bucket of Hot Dogs and a Squirt of Word-of-Mouth Advertising |
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Answer Upon - Small Business Marketing Secret #6: A Bucket of Hot Dogs and a Squirt of Word-of-Mouth Advertising
How To Improve Management Wins for Winning Business Teams Part 6: Build Organizational Alignment weird.When the wheels of a car are not properly aligned, the performance of the car suffers. The driver may experience the following: Difficult steering Bumpy ride Uneven tire wear Delay in arriving at the destination A leader (driver) who is in charge of a team or organization (car) may experience the following with poor alignment: Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going The Boy Who Cried Wolf Redux What's your best form of advertising? If you're like the vast majority of the people we meet, it's word-of-mouth. Of course – it automatically offers a virtually infinite return on investment because it's free!You've probably heard the story of the Boy Who Cried Wolf.The problem is that the child was looking for attention and thought it would be fun to scream at the top of his lungs that a wolf was nearby. Each time he did, the entire town came running to his rescue!It worked twice!But each time all the townsfolk came running to his field all set to do battle with a big, mean wolf, all th Since you're like most people we meet in that regard, you're probably similar in another – you can't control word-of-mouth advertising. Don't feel like you're alone. The very trait that makes this form of advertising so desired (it's free) also makes it very elusive (you can't buy it). Imagine for a second a 50 gallon metal bucket loaded up with sand or dirt or hotdogs or something. Can you lift it? We just tested it, and we can't even lift it together. Now, picture that same large bucket, but this time put a wheel on one end and two handles on the other. Like a wheelbarrow. Can you lift it? You certainly have a better chance now. The weight hasn't changed and the material hasn't changed – but now you are putting physics to work in your favor. T hat wheel acts as a fulcrum and the handles give you leverage. Before you know it, you're wheeling that 400 pound bucket of hotdogs right down the sidewalk. The same analogy holds true in word-of-mouth advertising. When you look at the problem from the obvious perspective it seems about as hard to control as the bucket of wieners. But, if you apply nontraditional marketing "physics" to the problem, you can soon begin controlling the previously uncontrollable. Here are a few levers and fulcrums that you can try in your business: Viral Marketing: the perfect example can be found at http://www.subservientchicken.com. Create something that is very interesting – it might be information, it might be entertainment, or as in the case of the chicken, it might just be weird. Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going t Be Creative in Your Own Ball Park red (it's free) also makes it very elusive (you can't buy it).Do you know someone who tends to ask a lot of questions? Maybe he or she gets on your nerves because of the questions you have to field and because it seems you can’t get through a conversation without numerous interruptions. Don’t despair. This may be a very creative person from whom you can learn and someone who might help you increase your own ability to be creative.In my “A Strategy For Wi Imagine for a second a 50 gallon metal bucket loaded up with sand or dirt or hotdogs or something. Can you lift it? We just tested it, and we can't even lift it together. Now, picture that same large bucket, but this time put a wheel on one end and two handles on the other. Like a wheelbarrow. Can you lift it? You certainly have a better chance now. The weight hasn't changed and the material hasn't changed – but now you are putting physics to work in your favor. T hat wheel acts as a fulcrum and the handles give you leverage. Before you know it, you're wheeling that 400 pound bucket of hotdogs right down the sidewalk. The same analogy holds true in word-of-mouth advertising. When you look at the problem from the obvious perspective it seems about as hard to control as the bucket of wieners. But, if you apply nontraditional marketing "physics" to the problem, you can soon begin controlling the previously uncontrollable. Here are a few levers and fulcrums that you can try in your business: Viral Marketing: the perfect example can be found at http://www.subservientchicken.com. Create something that is very interesting – it might be information, it might be entertainment, or as in the case of the chicken, it might just be weird. Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going Tips on starting up a wholesale business anged and the material hasn't changed – but now you are putting physics to work in your favor. T1. Before starting it is very useful if you try and find out as much as possible about the products you will be supplying. I suggest researching competition, machinery and deciding on how you will stand out from the crowd.2. Stay in your current employment as long as possible, until you have to leave to focus completely on your new business. This will help keep your start-up costs to a minimum. hat wheel acts as a fulcrum and the handles give you leverage. Before you know it, you're wheeling that 400 pound bucket of hotdogs right down the sidewalk. The same analogy holds true in word-of-mouth advertising. When you look at the problem from the obvious perspective it seems about as hard to control as the bucket of wieners. But, if you apply nontraditional marketing "physics" to the problem, you can soon begin controlling the previously uncontrollable. Here are a few levers and fulcrums that you can try in your business: Viral Marketing: the perfect example can be found at http://www.subservientchicken.com. Create something that is very interesting – it might be information, it might be entertainment, or as in the case of the chicken, it might just be weird. Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going How To Incorporate In Connecticut But, if you apply nontraditional marketing "physics" to the problem, you can soon begin controlling the previously uncontrollable.Incorporating in Connecticut is an easy procedure if you know how to do it, if you hire a good experienced attorney, or if you hire the services of the numerous online firms that offer to help you incorporate in any of the states.Connecticut Incorporating Information: It is necessary to have decided on the kind of corporation you are going to form and to take the required steps to form a legal e Here are a few levers and fulcrums that you can try in your business: Viral Marketing: the perfect example can be found at http://www.subservientchicken.com. Create something that is very interesting – it might be information, it might be entertainment, or as in the case of the chicken, it might just be weird. Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going Understanding the Marketplace weird.So how on earth can we be expected to stay abreast of the changes in our marketplace. Well the simple answer is:continually adapt to the changes you facelisten to your staffask your customersread magazines / newspapers / blogs / e-newsletterslisten to people in the pub / on the train / in the supermarket / etcBut all that can sometimes simply Then, share that something with people who are well connected. You know who they are…the folks who seem to know everybody. Put your "virus" in their hands and they'll bounce it around like a hot potato – as long as it's very interesting. Your brochure doesn't count. Pass It On Program: Give a gift certificate (not a coupon) to every one of your customers. Put their best friend's name on it. What are they going to do? Gift certificates are like cash – so they're not going to throw it away. What about the best friend? Well, it sure would be rude to throw away a gift from your best friend. Chances are those friends will soon be knocking at your door. Bring A Friend Program: Bring a friend who has never been to our restaurant and we'll buy you both a glass of wine. The Most Important Part: Be worth talking about. The messages that spread the quickest are the ones that are somehow valuable or beneficial. "Big sale this weekend" is a very slow mover on the viral email circuit. Some people say they control word-of-mouth advertising by "doing a good job." Not anymore they don't. "Good jobs" don't spread any faster than "big sales." There's got to be a better way! The good news is there is and in Jim and Travis' small business marketing secret #6.5, you'll learn it. It's sort of like the glue that holds this whole thing together. Stay tuned for the series finale!
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