Date post: | 20-Oct-2014 |
Category: | Business |
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Shoestring Marketing
Shoestring Marketing
Chris Houchenswww.ShotgunConcepts.com
Low Budget / High Impact Marketing
Cheap vs. Effective
ROI is more important than cost
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
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
Do you have a marketing plan?
Do you ever look at it?
A Marketing Plan...
Defines Marketing Costs Shows Marketing Value Defines Mission / Provides Focus Written Game Plan Evolving Document
A Marketing Plan isOn PaperOn Purpose
Where do we want the money to go?
as opposed to
Where did the money go?
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
Save Money with Media Buys
You should always BUY advertising Never be SOLD advertising
(Theres a difference) Salespeople are NOT Marketing
Consultants Ask for a rate card, but never use it
The key to cheap marketing
Think SmallNarrowcasting vs. Broadcasting
Working with a Small (no) Budget
Theres 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
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? Whats the needed ROI?
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
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
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 cant manage whatyou cant measure
Every marketing budget should be
developed using a Zero-Based
Strategy
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.
Your table of brochures
aint workin
(and is expensive)
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
Strokes Happen
Baptist Health System in San Antonio
80 Mannequins # of San Antonio
stroke deaths annually Actors at restaurants
had strokes Web e-cards
3 weird guerilla ideas that would take bravery,
but just might work
Do an Informercial
Heart Attack Coupons
Develop a Loyalty Program
Database marketing has high ROI
Direct Mail Email Telemarketing
Watch out for HIPAA! Most marketing activities are excepted
Just buy a list
Public Relations
What is PR? Coverage in the media
NOT public perception (thats 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
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
Successful branding makes
other aspects of marketing easier
and cheaper.
Brand Consistency Touchpoints
All interactions with the target Messaging
Slogans / Taglines Advertising
Design Logo / Identity
Packaging Colors / Fonts
Pricing
Branding Success Microwave vs. Slow Cooker
Youre spending too much money
in the wrong place with your
online strategy
Online budget here?
Or there?
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
The Website
Cannot just be an online brochure Must be dynamic Content is King Simple is best
Just because you can doesnt mean you should
When was the last time you visited your own website?
Search Engine Optimization
Text not graphics Write text with SEO in mind Inbound links Metadata
Keywords Descriptions
Title Tags Graphic alt tags
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
What do you mean by Social Media?
Blogs Microblogs
Video Google & YouTube Revver
Social Networks MySpace Facebook
Wikis Photo
Flickr Photobucket
Virtual reality Second Life
Social / News Bookmarks Digg Reddit Del.icio.us
Community / user generated content
BrandStrategy
PREfforts
Advertising
CorporateMessages
Media&
Press
Gatekeepers
Consumers&
Public
WordOf
Mouth
Traditional Marketing
Social Media Marketing
BrandStrategy
PREfforts
Advertising
CorporateMessages
Consumers&
Public
WordOf
Mouth
Blogs, short for weblogs
Juicy
Social Media are
mass media.
Warhol Revisited
In the future,everyone will be famous for
15 minutes.
With social media,everyone is famous to
15 people.
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
Do NOT use Social Media as a press release machine
Kaimana Shanti Aurora Humphrey Mikaela Kaimana
Mr. Splashy Pants
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.
Shoestring MarketingLow Budget / High Impact Marketing
Download these slides for free at:www.slideshare.net/shotgunconcepts
Blog: ShotgunConcepts.comWeb: ChrisHouchens.comTwitter: @shotgunconcepts
Thank You
Slide Number 1Cheap vs. EffectiveMarketing?Healthcare Marketing TrendsSlide Number 5Do you have amarketing plan?A Marketing Plan...Where do we wantthe money to go?as opposed toWhere did the money go?Most prevalent marketing mistakesSlide Number 10Save Money with Media BuysThe key to cheap marketingSlide Number 13Slide Number 14Working with aSmall (no) BudgetBudgeting #1: StrategyBudgeting #2: SegmentationBudgeting #3: LeverageBudgeting #4: MeasurementEvery marketing budget should be developed using aZero-Based StrategyDoes this belong inMY marketing budget???!!!Slide Number 22Slide Number 23Your tableof brochures aint workin(and is expensive)Low Cost Guerilla MarketingStrokes HappenSlide Number 27 3 weird guerilla ideasthat would take bravery,but just might workDo an InformercialHeart Attack CouponsDevelop a Loyalty ProgramDatabase marketing has high ROIPublic RelationsMedia RelationsSlide Number 35Successful branding makes other aspects of marketing easier and cheaper.Brand ConsistencyBranding SuccessMicrowave vs. Slow CookerYoure spending too much money in the wrong place with your online strategySlide Number 40Fundamental E-MarketingThe WebsiteSearch Engine OptimizationEmail MarketingWhat do you mean bySocial Media?Slide Number 46Social Media MarketingBlogs, short for weblogsSocial Media areNOTmass media.Warhol RevisitedSlide Number 51Blogs work when th