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Argentum's blog, Marketing Op-Ed highlights interesting, real-world examples of marketing with a little bit of opinion thrown in.  It's written by Susan Silver, President of Argentum Strategy Group, with the occasional guest blogger added to the mix.

It's updated once a month, and we would love to hear what you think!



   
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How To Avoid 4 Common Start-up Marketing Mistakes

Wednesday, November 9, 2011   0 Comments - General Marketing,Strategy  

I have been working with a lot of dynamic, young companies lately as an advisor, mentor and consultant. It’s a lot of fun, and not surprisingly, I see many of the same initial marketing mistakes made over and over. While none of them are fatal, they are pretty easy to avoid in the first place if you just know what to look for:

1. Telling your customer what you want them to know instead of what they want to know. This issue arises mostly in sales pitches and website copy. Typically, founders are so justifiably excited about their business that they want to tell everyone everything. I even have one client whose company’s original voicemail message was two minutes long!

Solution: Realize that your goal is to get people to buy whatever you are selling. Identify the information that is critical to help them decide to purchase. You may also want to identify the information in your selling pitch, materials and website that are cool but really “nice to know” and incidental to the purchase decision.

Try to make sure you are using more “need to know” information versus “nice to know”. And if you’re not sure which is which, pay attention to the reason why your first few customers actually do buy. That’s a great place to start! And remember, as with all things related to marketing, it’s okay to experiment and evolve, as long as you’re paying attention and course correcting along the way as you get new information.

2. Putting all of your content into the body of your newsletter. Remember that one of the primary purposes of a newsletter and other marketing tactics is to drive people to your website. Because of this, all of your articles should drive people to your site.

Solution: Truncate the articles in the newsletter and include links to the complete articles that you house on your website.

3. Doing tactics because you think you should. For example, automatically creating a Facebook page for your business regardless of whether your customers are a) on Facebook and, most importantly, b) would be interested in buying or even discussing your product when they’re on Facebook.

Solution: Take an hour to identify your overall marketing objective and the related marketing strategies. Then select tactics that will actually drive those strategies. For an example of a basic marketing plan template, click here.

4. Not taking the time to rough out your positioning. Just like a business plan, it makes a big difference when you actually write it down versus keeping it in your head!

Solution: Take a few minutes to write it down. Here’s the basic template. Try it out and let me know if you have any questions: Positioning Template

Finally, notice that I didn’t say it’s a mistake to be “doing the marketing yourself” – that’s absolutely okay. Just be thoughtful about your marketing, try to avoid the mistakes above, and leverage your passion to sell in the early days. Once you are around $1.5M-$2M in revenue, it will probably be time to revisit whether doing the marketing yourself is the highest and best use of your time. And hopefully that day will come a lot sooner than you expect!

I Want My Brand To Be Like Intel Inside

Thursday, June 16, 2011   0 Comments - B2B,General Marketing,Strategy  

If I only had $5 for every time I heard a client say “I want [insert brand/company name here] to be like Intel Inside.” While I wouldn’t be rich, it would certainly buy me a nice dinner or two.

In fact, I was hearing this so much, and from one client in particular, that I finally decided to do some research into how much my client would need to spend to make their brand like Intel Inside.

How does TWO BILLION DOLLARS in marketing and dealer incentives sound to you? That’s right, for the low, low cost of only $2B, your brand can be the next Intel Inside! Read More -›

Lessons from Orabrush’s Giant Talking Tongue

Tuesday, September 28, 2010   0 Comments - General Marketing,Strategy,Viral Marketing  

I read an article in this week’s New York Times about how Orabrush has been successfully selling its product via YouTube videos. Click Here to read article.

One of the key points of the article is how smaller companies like Orabrush are using YouTube to advertise. Orabrush has its own YouTube channel and many of its videos are hilarious, with most featuring a man dressed in a tongue costume Click Here to view Orabrush’s YouTube channel.

While the New York Times makes an interesting point, what was even more interesting to me was that it sounds like the inventor of Orabrush did not bring in any kind of professional marketing help for the first 10 years of the company’s life. While I am typically an advocate of not bringing in marketing until at least after your first $1M in revenue, there is one case where I think you must start doing strategic marketing right away. And that instance is when your product is a consumer packaged goods (CPG) product, like Orabrush. Read More -›

Tags: Orabrush, small business advertising, YouTube