| Issue 21:Managing Your Most Precious Asset |
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Last week's issue showed that your media results are your window to the marketplace. It is a proven fact that for every one sale made directly to the consumer (Television direct sales) there are eight people who will buy that same offer at the retail store. This means that the more you can air your commercials, the greater number of retail customers you will create once your products hit the retail shelves. In essence, you have a direct means to expand or enlarge the demand for your product(s) in the marketplace. The ability to sell directly to your customers and make money doing so is a wonderful advantage. On top of this however, you are advertising your product and proving to the world that people want it and will pay for it. This is a momentum that you want to grow and preserve as long as possible-free and profitable advertising and creating a substantial demand in your marketplace are the rewards when you can manage this asset properly. Killing The Golden Goose You want to grow your TV advertising, and at the same time you must distribute your product(s) in other areas such as radio, catalogues, retail stores, private labels, home shopping, international/overseas distribution, magazines, trade journals, newspapers, billboards, credit card stuffers, network marketing-numerous areas that would make sense according to what you are selling, and how the buying public needs to be accessed to purchase your goods. If you place your products in these distribution centers at the wrong time it will undermine the television sales because people would be drawn away from buying on TV, and start buying the products in other ways. Hence, when you see television ads that say "not available in stores" the reason behind that is to motivate people to buy the product NOW and from the TV ad, because it is a matter of marketing life or death to continue advertising. In effect, you can "Kill Your Golden (marketing) Goose" by placing your products in the wrong places and the wrong time because of your success!
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email: cforrest@klondikemarketing.com voice: 858-270-1177 web: http://www.klondikemarketing.com |
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