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12.03.09

10 Marketing Resolutions for a Profitable 2010

One benefit of an economic downturn is that it encourages us to examine our business and focus on strategic planning. Hopefully, you’ve been using this slowdown to rethink your marketing strategy as well. Here are 10 marketing resolutions I encourage all business owners to make as we head into the New Year.

1. Have a plan

Few aspects of business are done without planning, but marketing is often left to happenstance. The result is that efforts fail, money and time are lost, and frustration sets in. To avoid these pitfalls, invest in strategic planning. A plan will determine goals, core messages, tactics and tools for measuring ROI.

2. Integrate

An integrated marketing campaign in which all disciplines (publicity, website, advertising) speak with one consistent voice will get better results and cost less. Don’t hire multiple agencies to implement various tactics. Corral your efforts with an agency that specializes in integrated marketing communications. It’s common-sense marketing that works.

3. Invest in your logo

If your logo looks outdated or amateurish, your customers will convey these same qualities to your business. A professionally designed logo will repay you ten-fold, so don’t relegate such an important component of your business to a relative or employee. Hire a professional.

4. Find your voice

Every business should have an elevator speech, key messages and a value proposition that distinguishes you from competitors. Before you market, determine these important messages. Then deliver these key messages consistently and clearly in all of your marketing vehicles.

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Online Spending
to Increase in 2010

VerticalResponse, Inc, an email marketing firm, surveyed 831 small businesses about their 2010 marketing spending plans, and released the following results last month:

• 74.1% will increase
email marketing

• 68.3% will increase
social media

• 79.6% will NOT run
TV ads

• 72.7% will NOT run
radio ads

When asked what was the most important tool for small businesses
to succeed in 2010, respondents answered:

• Search engine
marketing

• Email marketing

• Public relations

• Social media

 

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