<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>WomenandBiz.com &#187; HarveyM</title>
	<atom:link href="http://www.womenandbiz.com/author/harveym/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.womenandbiz.com</link>
	<description>WomenandBiz.com</description>
	<lastBuildDate>Tue, 20 Jul 2010 00:18:10 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.2</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Creative Plan &#8211; Think Out of the Box</title>
		<link>http://www.womenandbiz.com/2007/12/20/creative-plan-think-out-of-the-box/</link>
		<comments>http://www.womenandbiz.com/2007/12/20/creative-plan-think-out-of-the-box/#comments</comments>
		<pubDate>Thu, 20 Dec 2007 06:05:01 +0000</pubDate>
		<dc:creator>HarveyM</dc:creator>
				<category><![CDATA[05 - Leadership]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.womenandbiz.com/?p=41</guid>
		<description><![CDATA[

  You must break through the clutter by thinking out of the box to grab target attention.

Classically you must use a simple formula to develop winning creative:


A 

Attention. Grab the attention of the target so that they know you are there and have something important to tell them.


I 

Interest. Your message must be specifically [...]]]></description>
			<content:encoded><![CDATA[<table style="width: 404.25pt" border="0" cellpadding="0" cellspacing="0" width="539">
<tr>
<td style="border: medium none #ece9d8; padding: 7.5pt; width: 100%; background-color: transparent" valign="top" width="100%"><font face="Times New Roman" size="3"> </font><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span><span style="font-size: 10pt; color: black; font-family: Arial">You must break through the clutter by thinking out of the box to grab target attention.</span><span style="font-size: 7pt; color: black; font-family: Verdana"><o:p></o:p></span></p>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Classically you must use a simple formula to develop winning creative:</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
<ul style="margin-top: 0in" type="circle">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">A</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Attention. Grab the attention of the target so that they know you are there and have something important to tell them.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">I</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Interest. Your message must be specifically targeted to the suspect in order for there to be interest on the part of the target to go any further with you.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">D</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Desire. Your message must be strong enough or interesting enough to create an answer to the specific customer need that you defined above is why your in business. You stimulate interest and created desire for the target to need your product or service.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">A</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Action. A-&gt;I-&gt;D has stimulated the target to action. You have defined what that action is to either buy something from you or to simply let you know that they are interested in your company, product or service.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
</ul>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Use the mechanism of the “Creative Brief” to translate your plan into a device that can be used by you to communicate with your creative people about how to get your marketing message into a graphical form for media use. </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Never tell a “creative” that you don’t like the execution. Instead use the following elements to objectively evaluate the message creative. </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
<p><span style="font-size: 7pt; color: black; font-family: Verdana">1.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">Key fact about the product or service that needs to be told.</span></p>
<p><span style="font-size: 10pt; color: black; font-family: Arial"></span><span style="font-size: 7pt; color: black; font-family: Verdana"><o:p></o:p></span><span style="font-size: 7pt; color: black; font-family: Verdana">2.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What problem must the creative solve   </span><br />
<span style="font-size: 10pt; color: black; font-family: Arial">3.   What is the objective of the advertising/promotion   </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">4.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What is the single most important benefit, promise that consumer should believe in  </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">5.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What facts support this promise      </span><span style="font-size: 7pt; color: black; font-family: Verdana">6.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">Who are we talking to        </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana"><o:p></o:p></span><span style="font-size: 7pt; color: black; font-family: Verdana">7.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What negatives might they sight about the client, product, etc  </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">8.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">Who are we competing with </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">9.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">       </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What are our advantages or disadvantages  </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">10.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">    </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What action do we want the consumer to take </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">11.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">    </span></span><span style="font-size: 10pt; color: black; font-family: Arial">What tone and manner should this communication have </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">12.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">    </span></span><span style="font-size: 10pt; color: black; font-family: Arial">How will success of this program be evaluated </span><br />
<span style="font-size: 7pt; color: black; font-family: Verdana">13.<span style="font-family: 'Times New Roman'; font-style: normal; font-variant: normal; font-weight: normal; font-size: 7pt; line-height: normal; font-size-adjust: none; font-stretch: normal">    </span></span><span style="font-size: 10pt; color: black; font-family: Arial">Mandatory issues or taboos </span><span style="font-size: 10pt; color: black; font-family: Arial"> </span><span style="font-size: 10pt; color: black; font-family: Arial"></span><br />
<span style="font-size: 10pt; color: black; font-family: Arial">Media alternatives (define the media plan to be used to get your message to your target):</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span></p>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Is your product or service a “mass product” that will be targeted to mass media or is it very solution specific and ought to be targeted to “highly segmented” markets?</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Is it hybrid?</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Seasonality: product or direct marketing. </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span>
<ul style="margin-top: 0in" type="circle">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Direct marketing Seasonality </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">First quarter is the best time (Jan-Mar)</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Next best time is September</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">TV direct marketing is good in the summer. When reruns are on, people watch the commercials.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
</ul>
</li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Target </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span>
<ul style="margin-top: 0in" type="circle">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Demographics</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Age, gender, income, education, occupation</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Psychographics</span><span style="font-size: 7pt; font-family: Verdana"> <o:p></o:p></span>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Lifestyle, behavior, wannabe behavior</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</li>
</ul>
</li>
</ul>
</td>
</tr>
</table>
<p><span style="display: none"><font face="Times New Roman"> </font></span><span style="font-family: Georgia"> </span><span style="font-family: Georgia"><o:p></o:p></span></p>
<table style="width: 404.25pt" border="0" cellpadding="0" cellspacing="0" width="539">
<tr>
<td style="border: medium none #ece9d8; padding: 7.5pt; width: 404.25pt; background-color: transparent" valign="top" width="539">
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Media Styles</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</td>
</tr>
</table>
<p><span style="display: none"><font face="Times New Roman"> </font></span><span style="font-family: Georgia"> <o:p></o:p></span></p>
<table style="border: 0.75pt outset black; width: 387.75pt" border="1" cellpadding="0" cellspacing="0" width="517">
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><strong><span style="font-size: 10pt; color: black; font-family: Arial">Media</span></strong><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><strong><span style="font-size: 10pt; color: black; font-family: Arial">Advantages</span></strong><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><strong><span style="font-size: 10pt; color: black; font-family: Arial">Disadvantages</span></strong><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Newspaper</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Mass<br />
Timely<br />
Credible<br />
Immediate Response<br />
Localize<br />
Short lead time<br />
Testing with a/b alternatives</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Daily Crises<br />
Less responsive than magazines</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Television</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Mass<br />
Immediate (quick read same day)<br />
Visual<br />
Demonstration of message<br />
Low CPM<br />
Up sell with telemarketing<br />
Per Inquiry cost availability</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Direct Response will get pre-empted<br />
Limited copy and selling time</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Magazines</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Highly Targeted<br />
Reach<br />
Mass<br />
Credible<br />
Editorial<br />
Multiple readership/response<br />
Testing with a/b circulation</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Clutter in the mail box and pages<br />
Cost<br />
Long<br />
Lead time<br />
Lower response than direct mail<br />
Slow response (weeks/months)<br />
Limited space</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Telemarketing</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Personal<br />
Highly targeted<br />
Highly interactive<br />
Up sell/cross sell<br />
Testing with a/b alternatives<br />
Research tool<br />
Flexible</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Intrusive<br />
Expensive<br />
Poor training will generate less control<br />
In every other medium, target can hold on to response device</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Radio</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Highly Targeted ; localized<br />
On –air personality<br />
Audio message<br />
Reach<br />
Mass<br />
Credible<br />
Editorial</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Clutter<br />
Short time<br />
Direct Response will get pre-empted<br />
Limited copy and selling time</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Direct mail (also catalog marketing)</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">High response rates<br />
Detailed information<br />
Highly targeted<br />
Personalization<br />
Best medium for testing<br />
Can be done privately so that competition doesn’t know what you are doing</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Expensive on a cpm basis<br />
List can be inexpensive but creative could be expensive<br />
Increasing mail box clutter</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">E: mail marketing</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Targeted if permission based, specifically<br />
Very powerful if part of a permission based integrated program<o:p></o:p></span><span style="font-size: 7.5pt; color: black; font-family: Arial">Inexpensive</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">SPAM<br />
Clutter<br />
Easiest to delete</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Public relations</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Creates news editorials<br />
Credibility to news stories<br />
Event marketing<br />
Inexpensive way of getting free advertising</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Long term build up unless immediate crises that your product can solve</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Guerrilla Marketing</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Goes outside of the “box” to grab attention<br />
Could be inexpensive</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Could land up in jail or heavily fined</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
<tr>
<td style="border: 0.75pt inset black; padding: 0in; background-color: transparent"><span style="font-size: 7.5pt; color: black; font-family: Arial">Direct Sales</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 144.9pt; background-color: transparent" width="193"><span style="font-size: 7.5pt; color: black; font-family: Arial">Most effective interactive</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
<td style="border: 0.75pt inset black; padding: 0in; width: 2in; background-color: transparent" width="192"><span style="font-size: 7.5pt; color: black; font-family: Arial">Most costly</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></td>
</tr>
</table>
<p><span style="display: none"><font face="Times New Roman"> <o:p></o:p></font></span><span style="display: none"><font face="Times New Roman"> <o:p></o:p></font></span></p>
<table style="width: 404.25pt" border="0" cellpadding="0" cellspacing="0" width="539">
<tr>
<td style="border: medium none #ece9d8; padding: 7.5pt; width: 404.25pt; background-color: transparent" width="539"><span style="font-size: 10pt; color: black; font-family: Arial">Cost comparisons to reach the target:<br />
Mass Media: $.01-$.05; Email: $.01- $.40; Direct Mail: $1-$5; Telephone Sales: $15- $125; Field Sales: $450-$535. Create a Permission Marketing Based Strategy that: </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></p>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Uses traditional marketing to intrude through the clutter and then </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Offers the target an incentive to volunteer to be marketed to that promises privacy</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Using the attention offered by the prospect, offers a curriculum over time that teaches the target about your product or service</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Reinforces the incentive to get even more permission from the consumer</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Over time, leverage the permission relationship to cerate a long-term profitable relationship.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
<p><span style="font-size: 10pt; color: black; font-family: Arial">Develop the Strategic Marketing Plan. </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></p>
<ul style="margin-top: 0in" type="disc">
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Take all of the above and develop your strategic marketing plan. Develop your financial plan from your marketing plan. Create your benchmarks or critical path marks so that you can measure success of your execution at each step. Determine how many responses you plan on getting. Determine how many of those will convert to try-ers and customers. Calculate the sales results in terms of dollars. Calculate the cost of acquiring each new customer. Calculate your ROI (return on investment) for each promotion. Measure your performance against your benchmarks. Go back and try to beat the results by testing again and by thinking out of the box.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Define your cost per acquisition. What can you afford to spend on acquiring a new customer and then back into the promotional budget needed to achieve the sales target. </span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Take the first small step; try your plan.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Recognize that combinations of the integrated media are better than any single media used by itself. Higher response rates results; greater targeted; better tests.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
<li style="margin: 0in 0in 0pt; color: black; line-height: 15.6pt" class="MsoNormal"><span style="font-size: 10pt; font-family: Arial">Test, test, test, test: create scientific variations to your strategy and previous test to determine how to increase response.</span><span style="font-size: 7pt; font-family: Verdana"><o:p></o:p></span></li>
</ul>
</td>
</tr>
</table>
<p><span style="display: none"><font face="Times New Roman"> </font></span><span style="font-family: Georgia"> <o:p></o:p></span><span style="font-family: 'Times New Roman'"> <o:p></o:p></span></p>
<script type="text/javascript">
  addthis_url    = 'http%3A%2F%2Fwww.womenandbiz.com%2F2007%2F12%2F20%2Fcreative-plan-think-out-of-the-box%2F';
  addthis_title  = 'Creative+Plan+%26%238211%3B+Think+Out+of+the+Box';
  addthis_pub    = '';
</script><script type="text/javascript" src="http://s7.addthis.com/js/addthis_widget.php?v=12" ></script>
]]></content:encoded>
			<wfw:commentRss>http://www.womenandbiz.com/2007/12/20/creative-plan-think-out-of-the-box/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Marketing Mix</title>
		<link>http://www.womenandbiz.com/2007/12/20/marketing-mix/</link>
		<comments>http://www.womenandbiz.com/2007/12/20/marketing-mix/#comments</comments>
		<pubDate>Thu, 20 Dec 2007 05:53:33 +0000</pubDate>
		<dc:creator>HarveyM</dc:creator>
				<category><![CDATA[04 - Money]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.womenandbiz.com/?p=28</guid>
		<description><![CDATA[This presentation, for those of you just starting out in launching your own business as well as you experienced marketers, will cover the marketing rules of thumb for success and demonstrate how to make your advertising investments more targeted and accountable.
Start at the beginning…
The Marketing Mix (every business must be examined to define that these [...]]]></description>
			<content:encoded><![CDATA[<p>This presentation, for those of you just starting out in launching your own business as well as you experienced marketers, will cover the marketing rules of thumb for success and demonstrate how to make your advertising investments more targeted and accountable.</p>
<p>Start at the beginning…<br />
The Marketing Mix (every business must be examined to define that these 5 critical elements are strategically in place in your marketing orientation):</p>
<p>1. Product<br />
* If your business is targeted to the consumer market or to the business market, your orientation must be customer-centric. Make sure that there is a market for your product or service before you invest any dollars in marketing. Gain consumer feedback on your product/service. Make modifications based on that feedback. Do it either with an ad hoc survey or through professional market research, but make sure that people or businesses want what you have to offer. Beta test your product to get the bugs out and also to create testimonials for your product/service. If your product is consumer centric and live tested with testimonials, you are ready to launch the new or improved version.<br />
* Who are you and what do you stand for? What is your promise to the market about your product or service (your brand)? What makes you unique? What is your unique selling proposition (USP)? Why should the target customer even consider your product let alone actually spend money for it and then return to spend more money? Who is your competition and what are the competitive products in the market currently? Why are people buying competitive products? What is your edge over those products? You must answer all of these questions to define your marketing strategy and communication messages.<br />
* Do a SWOT (strength, weakness, opportunity, and threat) analysis of the market and your self in the market. What macro-environmental influences are there to define how best to posture your company, product or service.<br />
2. Price<br />
* Do a financial analysis of your business before you look at pricing strategy. “financial analysis” does not just mean looking at your accounting statement. That’s the start. You must separate fixed and variable costs so that you can ultimately calculate your variable profit and your breakeven. Your “variable profit” is the incremental profit that you make on each item you sell. Know what the economics of your business are before you get into pricing decisions.<br />
* Calculate your own breakeven and create a variable profit paradigm for defining break even so that you can determine “fair” pricing. “Fair” means don’t charge too much to your new business for existing levels of business. The new products do not have to absorb 100% of the overhead. Part of that is already being absorbed by existing services/products. Don’t penalize your new product launch with a pricing structure that prevents competitive pricing or low pricing.<br />
* In other words, when you price an item, if you are a going concern, there is no need to absorb overhead costs into the pricing formula. The question to be raised is what is your variable cost to produce and deliver a new product. What is your current variable profit? Your average price for a product less the variable costs or direct cost to make/buy and deliver to your customer, equals variable profit. Take your fixed costs in running your business, divide by the variable profit percentage and the result is the break-even dollar amount of total sales needed to cover overhead. Divide that by the average dollar price and you find the break-even unit sales level.<br />
* Know what the competitive environment is like. What pricing is competition using. What price incentives are they giving. Are you better offering a discount on price or a rebated promotion. Which will maintain better perceived value.<br />
* Do some studies to evaluate the pricing discrimination of your customer. Do some price testing to determine which price is the best price. Define the perceived value of your product or service. Knowing that, combined with the financial analysis discussed above, you will know what your range of flexibility is in setting the market price.<br />
* Do you want to have a high penetration into the market or do you want to reap or skim the profits earned from early adopters among your customers. High penetration is low pricing; skimming the profits is high pricing. Your choice here is based on your beta test &amp; testimonials, the quality and quantity of competitors in your space and your available promotion budget.<br />
3. Place<br />
* Get to the customer where they want to be gotten; get to the customer where they are. Define what their touch points are. Physical. Virtual. In person. On line. In the mail. Where and how do they want to conduct business? Determine the logistics of your channel to your customer based upon how the customer wants to buy or receive information. Let the customer tell you where and how they want to not only buy from you but to receive marketing communication messages from you. Can you sell them by using direct marketing methods or do you need shelf space in a physical shopping environment. If you need shelf space, define how you are going to get that space. What incentives do you need to get that space. Are there mixed channels of delivering your message that are available.<br />
* Who is your target market and how are you going to reach it? How well do you know your target? Why do they behave the way they do and what motivates them to buy. Where are they and how do you reach them. What other clutter are they faced with and what do we know about them that would indicate the type of breaking through the clutter you will have to do?<br />
4. People<br />
* What kind of training have you given to your people so that they are customer oriented? Have you established good CRM (customer relationship management) practices so that when the phone rings and is answered by your staff they are making the caller feel right at home and comfortable for calling? Do they speak English well or other language depending upon your targeted prospect? When was the last time you reviewed their scripts? When was the last time you cold called your own customer service number to see how you would be treated as a customer or prospect? Would you want to call back or just go onto another vendor?<br />
* Are your people aware of cross selling and trading up practices? Are they aware of your product lines and office directory so that they can clearly service any caller? Do they know how to ask your customer “do you want fries with that burger….” related to your product lines or services?<br />
5. Promotion<br />
* Taking all of the above into consideration, have you structured your integrated marketing message to be consumer centric and need driven? Your strategy must be about solutions and the subject of your communication must be your target not you.<br />
* Surround your target with your message. Don’t just rely on one type of communication medium to reach your target. Create your message so that you will maximize interest where the target is. SPAM existed long before email marketing. Just think of all the 5,000 (according to Ad Age) messages that you get each day from marketers vying for your attention. How many do you respond to? You reject the majority. But you respond to the one that breaks through the clutter.<br />
* Know how to manage the creative effort, objectively, so that your marketing message gets translated into the proper creative representation.<br />
* Know the media that you use and the value that each has to deliver your message. Make certain that you understand the difference between “awareness” media and “response” media and how to exploit each for your purposes. Know how to measure each. If you want response, then strategically you want to do direct marketing. Remember, direct marketing is not just direct mail and that direct mail is not necessarily direct marketing.<br />
* You want your message to be accountable. If you spend a dollar, what do you get in return? You must be able to track it and see it result in a response. A negative response counts. That tells us its not working to the specific target it was sent to.<br />
* Test, test, test variations of your message, creative and delivery in a scientific manner.<br />
* Set up your relational data base to track messages and responses to your targets.</p>
<p>Next issue: &#8220;Creative Plan &#8211; Think Out of the Box.&#8221;</p>
<input id="gwProxy" type="hidden" />
<input id="jsProxy" onclick="jsCall();" type="hidden" />
<script type="text/javascript">
  addthis_url    = 'http%3A%2F%2Fwww.womenandbiz.com%2F2007%2F12%2F20%2Fmarketing-mix%2F';
  addthis_title  = 'Marketing+Mix';
  addthis_pub    = '';
</script><script type="text/javascript" src="http://s7.addthis.com/js/addthis_widget.php?v=12" ></script>
]]></content:encoded>
			<wfw:commentRss>http://www.womenandbiz.com/2007/12/20/marketing-mix/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
