Marketing
Your Company in the Business World
by
Tracey Porpora
Secrets
to a great marketing campaign that don't have to cost
a lot of green.
Technology
entrepreneurs need to devise solid marketing plans that
will help ensure their success in the business world.
And a good plan is often one that employs smart direct
marketing and public relations initiatives.
The
New Jersey Technology Council (NJTC) seminar, "Guerilla
Marketing on a Shoestring Budget," held last month
at Middlesex Community College, addressed the strategies
behind a successful, low-cost marketing plan.
"You have to be on top of the trends, you've got to
be right there with the customer and you have to be
passionate about what you do," said Katherine Kish,
director of marketing for Cognetics, a user interface
solutions company in Princeton Junction. Part of a
company's strategic marketing plan should be selling
its merits to its clients. One way to do this is through
direct marketing, which can include traditional mailings
or electronic correspondence.
Dan
Regan, marketing director for Princeton Partners, a
fully-integrated marketing communications company,
said one of the keys to successful direct marketing
tactics is to maintain a database of updated client
lists. In developing a database, a successful direct
marketer will research a company's history, size and
target industries, said Regan. In addition, direct
marketers need to network, maintain a website with
a guest book and be a keen observer, he said. "You
need to have a plan and make sure you have regular
mailings to your clients.
The
rule of seven says people need to see your message
an average of seven times before it registers and before
they begin working with you," said Regan. Other tricks
of the direct marketing trade include putting teasers
on envelopes or "provocative subject lines" in eMails
to get clients' attention. "They need a reason to read
it, he said. Good direct marketers will also effectively
communicate to the client "what is in it for them,"
he said. "You need an offer. You need to be active.
You need to be able to say what it is that you want
them to do," said Regan, noting that it's better to
have a short list with multiple mailings, rather than
a long list with few communications. "Send something
of value. Make it memorable. Also, keep it simple. With
each communication you send out get to one specific
offer," he added.
In
addition to a direct marketing strategy, companies need
to develop good public relations practices and foster
relationships with the press, said Dom Cilea, president
of Springboard Communications, a Marlboro-based marketing
and public relations firm offering services specifically
to high-tech companies. He maintains that good public
relations requires a lot of preparation and time.
"To be successful you need to try to build a relationship
with writers," he said. "You also need to try to be
a resource to the writer. You need to be timely and
you don't want to inundate users with useless information."
It's important to have a "steady stream of announcements,"
where you publish at least two press releases per month,
added Cilea. Like direct marketers, public relations
experts need to maintain a database of contacts and
develop a professional rapport with the press. "Often
you will get 80 percent of your media coverage from
20 percent of your list," said Cilea.
He
also warned technology entrepreneurs to only send out
press releases that are "newsworthy," to distribute
information in a timely fashion and to have a unified
company message in press material. "Keep press releases
THIN - timely, honest, informative and newsworthy,"
he said. Cilea recommends that companies directly target
publications that would be interested in writing about
its clients. He noted that it's also important to seek
out the appropriate contact at each media outlet.
"The key to public relations is in investments. It's
not something you can turn on and off. You need to spend
the time to make it work," said Cilea.
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