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by Crispin White • Leave a comment
by Drayton Bird
- If you don’t deliver a good product or service you won’t succeed for long. No matter how good your marketing or advertising, you can’t sell rubbish indefinitely. Think of any business that’s gone down the drain – like AOL or the entire British car industry.
- The customer you already have will always make about 3 – 5 times more money for you than an identical prospect – so pay more attention to them than anyone else
- Advertising is not the only, and often by no means the best, way to build a brand. In fact it can cost you a fortune without achieving anything if you don’t have more money than God.
- Most mergers and acquisitions end in chaos, misery and unemployment for the poor employees – and don’t create value. That is, the two firms together end up worth less than they were separate. A good example is a cable business called NTL, known to its customers as NT Hell – the useless product of endless mergers.
- All available research suggests that recommendation from others – word of mouth – is the chief reason why people buy. So if you don’t have a customer-get-a-customer or viral marketing programme, you’re mad.
- Instead of worrying about talking to your prospects and customers too often, you’re better off thinking of reasons and interesting ways to talk to them more. One of my clients e-mails prospects as often as twice a week successfully. We mail our own list even more frequently. Very few unsubscribe.
- Never assume because someone doesn’t buy they’re not interested. They have many things on their mind besides you. Keep communicating till it doesn’t pay
by Crispin White • 2 Comments / Leave a comment
- Relevance matters more than originality
- The most important element in any creative endeavour is the brief
- Most clients focus on the wrong things
- The urgent takes precedence over the important
- The customer you want is like the customer you’ve got
- The product and positioning matter more than any other element in marketing
- Who you are talking to matters more than what you sell
- Database is the heart of marketing
- The internet is just accelerated direct marketing
- Emotion matters more than logic
- The simple letter or email gives the best ROI
- Long copy beats short
- Incentives always pay
- Segmentation is almost invariably worth it
- Hardly anyone budgets for marketing intelligently
- The customer you’ve got is 4 – 5 times more likely to buy from you than someone identical who is not a customer.
- A previous enquirer is about twice as likely to buy.
- A past customer is usually your next best bet.
- After that comes someone who’s recommended
- It pays to say thank you
- Marketers are suckers for magic bullets
- Marketing experts complicate things needlessly
- If you say why you are writing, response goes up
- Questionnaires almost always pay
- Making people choose increases response
- Few marketers use enough testimonials
- Almost all meetings waste time
- Flattery and greed are the two biggest draws
- All successful messages solve problems
- Sincerity always pays
- Few messages ask forcefully enough for action
- Repetition pays
- People’s faces raise response
- The more you communicate, the better you do
- Research rarely predicts results accurately