As you previously discovered in the first two installment, in this ongoing series, about “why” the word creativity, definitely belongs in every extremely savvy marketers, long term marketing plans, correct?
For sure, there are times when writing big checks, simply isn’t an option, agreed? And in those particular situations, it’s best your marketing creativity rises to the top!Don’t you agree? And when it does, you’ll most certainly discover, that you’re able to compete with the big boys & girls, in more ways and (certainly) on more levels than you previously thought!
And in order to demonstrate that fact, beyond any reasonable shadow of a doubt, we’re going temporarily switch gears here and go from an extremely savvy local furniture retailer, to an extremely savvy local jewelry retailer.
And let’s see “how” this marketing creativity thing actually pays out, shall we?
So Who’s Still Confused As To Why Extremely Savvy Entrepreneurs Should Definitely Adding A Little Creativity In Their Long Term Marketing Plan?
So let’s see “how” an extremely savvy (local) retail jeweler would strategically go about using a little marketing creativity, in order to avoid, constantly having to spend a ton of money on outrageously expensive traditional local radio, TV & newspaper ads etc.
One of the local industries they aggressively go after, in order to strategically align themselves with is, upscale hair salon and or nail salon owners.
Let’s say you and your store managers become customers regular customers of at least two local upscale hair or nail salons. Or your spouses or significant others do! 😎
And remember, the main reason you or one or some of your staff or their spouses (and or) significant others,becomes regular customers of the hair salon, is because you want direct access to, (not only) their upscale clientele, but their clientele’s immediate personal & professional inner circle.
Primarily by stimulating positive word of mouth and mouse buzz!
The Creative Sales Process Is An Extremely Powerful Marketing Asset!(Especially When Your Cash Extremely Tight!)
You and your staff find out, (traditionally) which is the hair salon owner(s) slowest day or days of the week. And here’s “how” you plan to initially capitalize off of it.
Because remember, your typical ideal customer, has a total lifetime customer value of somewhere between $15,000 to $75,000 dollars, over a seven to nine year period!
And that includes, (both) their repeat purchases and their referrals to extremely close friends, immediate family members,(potentially including their kids) in laws & respected colleagues etc.
You get the owners permission to set up a sort mini display table in their shop on their traditionally slowest day of the week. And once a month on that particular day, here’s what yo or one of your staff member does.
The first ten customers to purchase an upsell offer from one of the hair stylist, they automatically get to enter into that days “raffle.”
You will offer them the chance to purchase a pair of stunning $500 dollar diamond studded earrings for just a one time “raffle entry fee” of just $75 dollars each!(Or X.)
So theoretically, if all ten customers decide to compete, the jewelry store owner should gross at least $750 dollars (or X.) and that should definitely cover the actual hard cost of the earrings or necklaces, ring or eye catching pendant etc.($75 x 10 = $750 dollars.)
Now entrepreneur, (first of all), think about ‘what’ must be going through all those customers minds, that are actually in the salon at the time these monthly “raffles” are actually taking place!
And they see the eventful winner leave with a really nice pair of eye catching, $500 dollar diamond studded women’s earrings, that will easily retail for that amount, yet only cost the eventual winner, just .15 cents on the dollar!
Or to say it another way, the eventful “raffle winner” saved a whopping 85% off the normal retail price! Think they’ll be posting to their FB page or Pintrest, Instagram or tweeting and texting about their extreme good fortune for the next few days! 😎 You got that right!
And will they be “forever” showing off their new bling, back the office and or their place of business and or any upcoming social events!
Are You Starting To Appreciate How In Certain Situations A Little Marketing Creativity Is Even More Valuable Then Merely Having Some Cash But Virtually No Creative Marketing Vision?
Now ladies & gentlemen, for just a second, let your mind focus on the (much bigger) long term marketing picture. Your typical hair (and or) nail salon, has at least eight individual chairs, sometimes more (and that includes) the owners.
And they each service (a minimum) of about twelve to fifteen clients per day, over your typical ten to twelve hour day, correct?
Times the average four week month, times twelve months per year!That’s getting the positive word of mouth out, (both) on and offline to an awful lot of folks, is it not? 😎
So think about “how” many times a monthly event like this will be repeated to others, that weren’t there,once (both) the remaining clientele go back to their jobs, immediate family members & really close friends and respected colleagues etc!
And you know all the hair stylist will be cluing all of their clientele in on what they missed when they weren’t there, correct?
Plus, don’t forget, for the other nine runner ups or “whatever” the actual number turns out to be each time. They automatically get 25% (or X %) off your very next two purchases, VIP Super time sensitive discount cards!
And you’ll hand write a date that’s no more than one month out, that way if it’s near the holidays or if the mortgage/rent/lease payment is rapidly approaching, or the kids monthly college tuition payment is due etc!
They can still make other arrangements to purchase something and save at least 25% or more!
Now in part two, we’ll share even more surprises, but for now, (hopefully) you can see “how “ and “why” the word creativity definitely belongs in your long term marketing plans, correct?Great! See you in part two! Now as is customary during this part of our show.
Please share your extremely valuable comments (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
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Hi Mark!
One of my good friends calls your Adwords spend your “boring tax.” I think this is very much in line with this post. If you’re boring you need to PAY to get seen. As you said, you can’t always write that big check so that’s not always an option.
Creativity comes with being an entrepreneur. Business people think it’s all in the data and somewhere you can find all the solutions – and they’re right but only to the point that the data will tell you to be more creative. haha
Thanks – great post, tweeted it out.
Matt A recently posted…Why Good SEO Keyword Selection & Optimisation Matters
That’s a great point Matt!
And I totally like the idea of having to pay
(and dearly) if your potential prospects, customers or
clients find our copy the least bit boring!LOL!
And I also couldn’t agree more with your assessment, that whether
you can or initially can’t write any type of checks!
You definitely need to long on some good old fashion creativity!
Great points and thanks so much for taking the time to share
them!Hopefully you inspire others to step up and get going heavily
on the creative side!
Mark Newsome recently posted…Why Extremely Savvy Entrepreneurs Must Learn To See Past The Trees To See The Entire Forest!
Hi Mark,
What a nice post on using creativity in our marketing efforts. Your examples were spot on and I think raffles can and do work if we do the footwork and as I always say, it takes time, patience and consistency.
If you’re on a tight budget, freebies work well too but they have to be helpful to your subscribers, like solving their problems and taking care of you audience.
Thank you for sharing, Mark and you have a wonderful rest of the week!
Linda
Linda Schrier recently posted…8 Tips To Help You Choose The Best Headlines
That’s so true Linda!
And spot on advice, with regards to the patience and very consistent
and continuous efforts!
Unfortunately with all the hype about “push button” this and that and
“instant” this and that, a lot of “what’ it really take to be successful in business,
especially online, just gets overshadowed by all of really big promises!LOL!
And I also think a lot of potential business owners, especially beginners,
would rather not know what really lies ahead for them, if they really are going
to make it on or offline!
So I’m glad you stressed those three vitally important, ‘must have” ingredients!
Always nice to hear from you Linda, thanks so much for taking the time to
share your extremely valuable input!So greatly appreciated an always welcome!
Mark Newsome recently posted…How Extremely Savvy Entrepreneurs Turn A Little Known Marketing Tactic Into Really Big Money!
Hi Mark,
Creativity certainly needs to be a part of your marketing plan. To effectively compete you have to stand out in some way and get people’s attention.
This example is a great tie-in because the two different business tend to have the same kind of customer. So it’s surely worth a shot.
~Lea
Lea Bullen recently posted…Being Alone: 7 Benefits That Will Make It Worthwhile
You so got that right Lea!
and the other, often overlooked point is, when you combine resources
in some way, you can often to the exact same place, a whole lot faster
and without expending as much traditional resources!
provided of course, that you’ve taken the time to thoroughly vet your potential
strategic alliance partner(s.)
Great points and thanks so much for sharing them! Greatly appreciated!
Mark Newsome recently posted…Entrepreneur There Is Definitely A Reason Why The Word Creativity Belongs In Your Marketing Plan!Part Three