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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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Hub You - Small Business Marketing Secret #6: A Bucket of Hot Dogs and a Squirt of Word-of-Mouth Advertising
Career as Military Officer tainment, or as in the case of the chicken, it might just be weird.If you are a hard worker, intelligent and disciplined perhaps a career as a military officer is for you. It will not be easy and you have to prove your worth before you will be accepted into an academy.You must be college bound, good GPA and exemplary citizenship. Perhaps student government classes and sports will be looked on favorably, but most of all you will need a little juice and being nomi 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 you Imagine Losing $1.2 Million - You Could Have Already If You're Not Building An Email List 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!Well a successful affiliate marketer friend of mine, and I'm talking someone who makes over $500 per day, admitted that he had done just that.In a 10-day trial he collected 100 subscribers per day from his existing website visitors. Based on industry figures that estimate a list is worth $1 per month per subscriber, he estimates that if he reckoned on 50 cents per subscriber per month he has just 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 On Being YOU In Your Marketing rtising so desired (it's free) also makes it very elusive (you can't buy it).A few days ago, a client (let's call him George) asked me whether his marketing is "professional enough." He was worried that his text was "too personal" and didn't make his company look like a large company.George is a very funny, likeable, insightful person. His email newsletter is extraordinarily humorous and real. He's always telling stories about himself and his nutty family in his articles, 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 you Brand Identity - Corporate Identity and Brand Value ance now. The weight hasn't changed and the material hasn't changed – but now you are putting physics to work in your favor. TCompanies work hard building the strength of their brands - it is critical to the ongoing brand management process to have meaningful and actionable data-driven measures of these efforts.Building a brand, cultivating its strengths, pruning its weaknesses, and making it more valuable to its owners is the bottom line job of marketing. Everything marketing does should ultimately work in concert to m 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 you Ethical Issues in Contemporary Business d to control as the bucket of wieners.Business ethics is crucial to overall society well being and corporate organizations, if to view the issue from the business standpoint. Public confidence is ethical business operation is only yet to recover, as of February 2004, 75 percent of Americans found the image of big corporations either “not good” or even “terrible”. The crucial step when it comes to business ethics – is to admit existence of a 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 you Employee to CEO tainment, or as in the case of the chicken, it might just be weird.Millions of people make the switch to CEO of their own home based business. Believe me if I can do it, anyone can!By starting your own home business you have made the first step of taking control of your financial and emotional future. I say emotional because I know that when I worked a 9-5 job my stress levels were astronomical!Most new home business entrepreneurs start off by keeping the 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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