Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Monday, December 14, 2009

Wrap-Up the Year with Cost-Effective Holiday Gifts

While we are in the midst of Chanukah and Christmas is mere 11 shopping days away, time to purchase gifts for your favorite clients is running out! And, although many consumer surveys report a tightening of the purse strings this holiday season, there are creative and cost-effective ways to spread holiday cheer and say “Thanks!”

Skip the Traditional Holiday Card for an Egreeting
Is your company known for crafty holiday cards? If so, you know that the cost of producing them can really add up once you consider photography, costumes, printing and postage along with the man hours put in to create a clever message. Cut the cost by creating an egreeting. Not only will you save on printing and postage, but you will do your small part in being more eco-friendly this holiday season. Besides, aren’t enough trees cut down for Christmas? At ProMoter our holiday cards were always a hit with our clients and served as a yearly touch point with past clients reminding them of just how good we are at what we do. However, like many small businesses facing a down economy, we recognized the production cost of these greetings was superfluous and avoidable by crafting an egreeting. And, I must say, this year’s egreeting is just as clever and effective as our previous, traditional holiday cards.

In Lieu of Gifts, Offer Discounts on Services
Many businesses like to treat their clients to a personalized gift during the holidays to show their appreciation for continued business; however, for many, funds just aren’t available at year’s end to shower clients with gifts. Instead give clients the gift of discounted services in 2010. Many of us foresee an improving economy and growth in the year ahead. By offering discounted services, you are creating an opportunity for a continued relationship in the new year when cash flow has improved.

Start thinking outside the box when it comes to corporate gift giving and wrap up the year with a bang! Need help designing an egreeting? Contact ProMoter Inc. at
promoter@promoterinc.com for quick turnaround with a lasting impression!

Friday, April 17, 2009

Be A Fearless Marketer

In December of 2008, I blogged about ways your small business could weather the storm of a slowing economy. Fresh off a presidential election and with renewed hope of a quick (or at least steady) economic turnaround that was sure to accompany a new administration, I never imagined the storm clouds would still be hovering over small businesses in April. Nevertheless, even in extended periods of slow or stalled sales, now is the time to be a fearless marketer while your competitors stay caught out in the rain.
  • Recall how you came into business with your current client roster. Think back – maybe even way back – to how you first attracted your clients. Make a list. How did you make this connection or build this relationship? At ProMoter Inc., many of our clients and contacts came from associations and groups our staff is members of. Armed with this knowledge, we keep our memberships up-to-date and actively participate in committees, boards and meetings.
  • Keep wooing long-time clients. Have you been doing business with the same client for years, maybe even decades? My guess is that you don’t want to lose that client. Sure you’ve built relationships with these clients but business is business. Keep your ideas fresh, your prices competitive and your gratitude apparent. Don’t give them any reason to let their eyes wander.
  • Diversify. Consumers always want more for less. Brainstorm cost effective ways to diversify your current offerings so you can sell deeper into your existing customer base.
  • Rethink business as usual. Many businesses are looking to revamp their tired strategies and mode of operations. What was working most likely isn’t working now. Don’t get left behind clinging to your tired practices. First step, overhaul your marketing plan to insure you are reaching the right audiences with the right messages at the right price.

ProMoter Inc. can help with this step to guarantee you aren’t left in the rain without an umbrella. Give us a call at 502-562-1969 or email at promoter@promoterinc.com to learn what we can do for you!

Thursday, December 11, 2008

How to Weather the Storm of a Slowing Economy

With uncertainties about when the market will bounce back, many companies – small and large – are looking to tighten their budgets and lay low in order to weather this storm. However, there is no time like the present to launch back-to-basics marketing tactics to strengthen your sails.

Developing new business requires creativity, relationship building and an understanding of your market. Here are some tips to help you get back in the game and ahead of your competition during a slowing economy.

  • Know Your Message: Put forth a clear, consistent message of yourself and your business. Don’t muddle the message with heavy industry jargon or mixed messages. It is also imperative to understand the tone of your market. Will your clients respond to messages of hope – “spend now to get ahead” or a restrained message – “do more with less?” This is the first step towards reaching out to new clients, which translates into success.

  • Don’t Ignore Past Clients: Maintaining contact with previous clients is as important as attracting new ones. Clients need constant reminders of how great your services are or they will soon forget it. That could mean losing potential business in the future with that client or referrals that client may give. Therefore, it is important to stay in touch with those clients through monthly emails, holiday cards or phone calls.

  • Obtain Referrals: Don’t hesitate to ask for a referral if you know you’ve done a good job for a client. And the best time to ask is during the transaction – six months later is too late.

Looking to increase your sales in this slowing economy? ProMoter Inc. can help. Contact us at 502.562.1969.