Shoestring Marketing

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    Shoestring Marketing - Presentation Transcript

    1. Shoestring Marketing Low Budget / High Impact Marketing Chris Houchens www.ShotgunConcepts.com
    2. Cheap vs. Effective ROI is more important than cost
    3. Marketing? • To communicate a consistent intended message to a specific intended audience. • Marketing is NOT just advertising. • Marketing is NOT just PR. • Marketing is NOT just sales. • Marketing helps CREATE the sales opportunity. • Successful marketing develops long term relationships
    4. Healthcare Marketing Trends • One word :: Choices – Consumers in charge of healthcare decisions – Self-Diagnosis is on the rise • Google tried to outdo the CDC last flu season – “Doctor says” no longer the force it was – Consumers have more disposable income – Insurance / HMO / Flex Account / etc • The idea of Customers vs. Patients • Everything is about to change
    5. Do you have a marketing plan? Do you ever look at it?
    6. A Marketing Plan... • Defines Marketing Costs • Shows Marketing Value • Defines Mission / Provides Focus • Written Game Plan • Evolving Document A Marketing Plan is On Paper…On Purpose
    7. Where do we want the money to go? as opposed to Where did the money go?
    8. Most prevalent marketing mistakes • “Me Too” Competitive and following fads • Campaigns designed around cutesy or non- relevant centers • Marketers trying to reach themselves • Money Issues – Focus on costs rather than effectiveness – Thinking that $$$ = Success – Accepting proposed prices • Forgetting multiple media maximizes the message • No marketing plan
    9. Save Money with Media Buys • You should always BUY advertising • Never be SOLD advertising – (There’s a difference) • Salespeople are NOT “Marketing Consultants” • Ask for a rate card, but never use it
    10. The key to cheap marketing Think Small Narrowcasting vs. Broadcasting
    11. Working with a Small (no) Budget • There’s never enough people, time, or money • Solutions – Media Relations and PR – Brand Strategy – Guerilla Marketing – Online • The true key is to have a (marketing) plan and spend smart through – Strategy – Segmentation – Leverage – Measurement
    12. Budgeting #1: Strategy • Is this marketing initiative a priority? • What is the LONG TERM goal? – More members? – More exposure? – More credit? • How much of the pot should this get? • What’s the needed ROI?
    13. Budgeting #2: Segmentation • Who are we really trying to talk to? • Stop wasting money / time / resources: – playing to the board – trying to retail a wholesale product – firing canons instead of rifles • Figure out who is making the decision and find the best / cheapest / quickest way to reach them at the right time
    14. Budgeting #3: Leverage • Use current customers to gain new • Word of mouth • Cross - promotions • CRM: always collect e-mail addresses and other contact info (and follow up) • Use the web • Let viral and other networks grow the investment exponentially
    15. Budgeting #4: Measurement • Measure actual ROI as well as responses • Measure satisfaction and “stickiness” as well as the actual numbers • Use the info to make adjustments You can’t manage what you can’t measure
    16. Every marketing budget should be developed using a Zero-Based Strategy
    17. Does this belong in MY marketing budget???!!! • Employee programs – The Christmas party? • Waiting Room magazines • Chamber of Commerce / Association dues • Classified employment “ads” • Travel • Etc. Etc. Etc.
    18. Your table of brochures ain’t workin’ (and is expensive)
    19. Low Cost “Guerilla” Marketing • #1 Method - Word-of-Mouth / “Buzz” – Referrals from customers, friends, vendors, etc • Brochures / Posters / Printed Literature • Build marketing into current paper trail – Business cards, fax sheet, letterhead, e-signatures • On-Hold Message • Community Events / Trade Shows • Articles / Publishing • Ad Specialties / Gifts • Cross Promotions / Alliances • Networking • Seminars / Workshops • Public Relations - Press Releases - Media Show
    20. Strokes Happen • Baptist Health System in San Antonio • 80 Mannequins – # of San Antonio stroke deaths annually • Actors at restaurants had “strokes” • Web e-cards
    21. 3 weird guerilla ideas that would take bravery, but just might work
    22. Do an Informercial
    23. Heart Attack Coupons
    24. Develop a Loyalty Program
    25. Database marketing has high ROI • Direct Mail • Email • Telemarketing • Watch out for HIPAA! – Most “marketing” activities are excepted – Just buy a list
    26. Public Relations • What is PR? – Coverage in the media – NOT public perception (that’s your brand) • A PR program is PART of your marketing strategy....... not the other way around • Extremely effective & credible • OVERALL GOALS of a PR Program: – Establish credibility and become a “source” – Media Coverage
    27. Media Relations • 3 key roles on your media relations and PR team – Media Coordinator • Makes contacts and develops relationships – Spokesperson • Face / Voice of the Organization – Writer / Producer • Provides consistent content
    28. Successful branding makes other aspects of marketing easier and cheaper.
    29. Brand Consistency • Touchpoints – All interactions with the target • Messaging – Slogans / Taglines – Advertising • Design – Logo / Identity – Packaging – Colors / Fonts • Pricing
    30. Branding Success Microwave vs. Slow Cooker
    31. You’re spending too much money in the wrong place with your online strategy
    32. Online budget here? Or there?
    33. Fundamental E-Marketing • Online Spending – Budget for Website – Banner Ads – Contextual Search Advertising – SEO – Search Engine Optimization • E-mail Marketing – Phishing / Spam – Permission-Based • Blogs / Social Media
    34. The Website • Cannot just be an online brochure • Must be dynamic • Content is King • Simple is best – Just because you can – doesn’t mean you should • When was the last time you visited your own website?
    35. Search Engine Optimization • Text not graphics • Write text with SEO in mind • Inbound links • Metadata – Keywords – Descriptions – <title>Title Tags</title> – Graphic alt tags
    36. Email Marketing • Anticipated, personal and relevant messages delivered to people who actually want to get them • PERMISSION – Sign-ups – Opt-outs • Keys to success – The List – Subject and “from” – Permission
    37. What do you mean by Social Media? • Blogs • Wikis • Microblogs • Photo – Twitter – Flickr – Photobucket • Video • Virtual reality – Google & YouTube – Revver – Second Life • Social Networks • Social / News Bookmarks – MySpace – Digg – Facebook – Reddit – Del.icio.us Community / user generated content
    38. Traditional Marketing Brand Consumers Strategy & Media Public & PR Press Efforts Advertising Word Gatekeepers Of Corporate Mouth Messages
    39. Social Media Marketing Brand Consumers Strategy & Public PR Efforts Advertising Word Of Corporate Mouth Messages
    40. “Blogs, short for weblogs” “Juicy”
    41. Social Media are mass media.
    42. Warhol Revisited “In the future, everyone will be famous for 15 minutes.” With social media, everyone is famous to 15 people.
    43. Blogs work when they are based on: • Candor • Urgency • Timeliness • Pithiness • Controversy If you can't be at least four of the five things listed above, please don't bother. --Seth Godin
    44. Do NOT use Social Media as a press release machine
    45. • Kaimana • Shanti • Aurora • Humphrey • Mikaela • Kaimana
    46. Mr. Splashy Pants
    47. Tracking / Effectiveness \"I know that half my advertising works. I just don't know which half.\" John Wanamaker (1838- 1922) If you say the same thing... STOP ADVERTISING.
    48. Thank You Shoestring Marketing Low Budget / High Impact Marketing Blog: ShotgunConcepts.com Web: ChrisHouchens.com Twitter: @shotgunconcepts Download these slides for free at: www.slideshare.net/shotgunconcepts
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    Shoestring Marketing
    Chris Houchens – Shotgun Con more

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