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  • admin 7:47 am on February 23, 2010 Permalink | Reply
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    The First Ever Published Coffee News 


    A few days ago we received a copy of the first ever published Coffee News by Jean Daum.

     

    The most interesting aspects of this newspaper:
    • For more than 20 years it’s still running strongly with many millions of copies being read around the world.
    • More than a 1000 small business people use the concept to entertain readers and create trust for the advertisers.
    • The clear and open spaces that draw your attention to the ads. Even when you read the content the ads are nicely designed to pull you in.

    You should subscribe to updates via email here or RSS here.

     
  • admin 2:21 pm on July 10, 2009 Permalink | Reply
    Tags: , , mind map, , online,   

    Case Study: Disastrous Small Business Advertising 


    cultivationandhookadvertisiThis is also a request for help. If you feel like helping create this mind map go to MindMeisters and improve it. I will take the final product and add it to the ebook, Cultivation: Advertisings  Missing Link I am writing. If you want a copy subscribe to my newsletter.

    Not so long ago a friend was burgled. A few minutes after I learned about the incident I was on the phone and I asked if I could assist. My friend said that he would appreciate it if I could research home security systems and advise him.

    I knew a local provider, even the name of the business, but not the phone number. That was unfortunate because I have done business with Hawk Eye Security. I have met the owner at various events. And his technicians did some work at my home; they are pleasant and professional.

    Hawk Eye advertised in every possible off-line publication. They were involved in, and sponsored, many local events. Peter, the owner is well known and liked in the community. He grew up here.

    I, therefore, felt that Hawk Eye Security was a trust-worthy business I could recommend with confidence. Unfortunately I did know Peter’s or Hawk phone number. And I went searching on Google. I entered “Hawk Eye Security.” Nothing. Hawk Eye Security did not exists, at least not according to Google. The alternative was the Yellow Pages but we treat this 5 kilogram book as a dangerous implement. The Yellow Pages is not easily accessible.

    Google provides easy alternatives. I phoned another security company and spoke to a pleasant man. He was in the business for 6 six years. It was obvious that he knew his story because he fed me with advice. And the more advice he gave me the more I liked him. At the end I asked him to call my friend in need. He said he will.

    But what about Peter and Hawk Eye?

    Eventually I found his number via Google. He was listed on an obscure classified ads site.

    I phoned Peter but he was not available. I told my story to the staff and ask them for advice. They said Peter was the only one able to help me. I asked if they have a brochure that they could email or fax to me. Nothing. I asked for Peter’s cell phone number.

    The assistant hesitated and eventually told me she could not share Peter’s cell number. The next thing I was transferred. Another assistant told me that Peter is not in. I explained again that I wanted info. He could not help me. Reluctantly he gave me Peter’s cell number. I left a message and Peter phoned me back later the afternoon.

    This is what this book is all about. Peter spends mind blowing amounts on advertising and sponsorships but he is wasting most of it.

    What can we learn from this?

    1. Advertising is more than placing an advert.
    2. Your staff needs to be educated.
    3. Staff is not incompetent the boss is
    4. Your staff needs tools to communicate and sell when you not there
    5. The boss is not the only seller
    6. You must be visible online
    7. You need to ensure your advert is not designed to sell
    8. Your advert needs to cater for people who want info
    9. When people ask for info you need to collect names and email addresses
    10. You need an automated system to follow up with these people until they spend money with you
    11. When they have paid you for services or products proved, you need to keep them well fed with info and tips until they spend again

    I call this process the Creation Of A Cultivation Pool. And as I said, I will include the final mind map with the ideas on how to set the record straight.

    Please share this with your friends on lets get the mind mapping the problem experienced by small businesses.

     
    • morne 4:45 am on July 23, 2009 Permalink

      I have found your Blog (article) on Google and read a few of your other posts. I just added you to my Google News Reader. Look forward to reading more from you in the future.

      If you want, you are more then welcome to visit my website by Googling (Mortgage Plus cc) “a website aimed at helping the youth in South Africa find good financial advice with regards to bonds, home loans and mortgages. This is also aimed at building awareness to those in South Africa especially with our current escalation in property prices“.
      We are bond originators in South Africa, who is dedicated to procuring and arranging highly competitive mortgage lending rates to existing and new residential bondholders and we shall private a seamless transaction which not only results in substantial savings to the client, but which is also effective and convenient.
      If you know someone that needs assistants in NEW HOME LOANS, FURTHER BONDS, BUILDING LOANS, DEVELOPMENT FINANCE, or AFFORDABLE HOUSING please refer them to me. It will be highly appreciated.

      Ps: Keep up the good work. !!!!

      Yours truly,
      Morne Prinsloo
      http://www.mortgagepluscc.co.za

    • riffraffcoza 9:31 am on October 5, 2009 Permalink

      I believe offline an online advertising share the same importance. Every brick-n-mortar business should have a website with all their contact details and information available 24/7. Even if it is only one page.

    • best_business_phone 10:42 am on November 20, 2009 Permalink

      Yep! I was agreed, I'll keep in touch to your blog.

  • admin 2:27 pm on July 6, 2009 Permalink | Reply
    Tags: , , control, , , profit per customer   

    Newspaper Advertising Is Not Working 


    Yes. It’s true. It will not work for us as long as we ignore the basics. And don’t feel bad if you do because most business people do.

    You cannot really say if newspaper or any advertising is working or not until you start using some simple ideas to make it effective:

    1. Start measuring your conversion rates. Like how many people respond to your ad, how many people just ask for info (do you have electronic info and a newsletter available for them?), how many pay you after reading your ad?
    2. Publish two ads at anyone time and measure the conversion rates for each ad. Keep the best and change the the other until it becomes the best. Therefore always have a control to measure your new ad.
    3. Calculate the average profit per customer for the time a customers continue to spend money with you. When you have this info you will know how much can spend on advertising given a conversion rate. Therefore if you spend $80 bucks to get one client and the average client profit is $300 bucks then you should continue with the ad.
    4. Use the same ad in two different publications and measure the conversion rates for the two publications. Over time stop the ad in the worst performing publication and find another publication to compare against your control-publication.  
     
  • admin 8:38 am on July 6, 2009 Permalink | Reply
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    Are You Seeing Questionable Return From Your Newspaper Advertising 


    Has your small business advertising failed to pay off? Do you get that funny feeling in your stomach when writing out that renewal check to your yellow page rep (who only comes by once a year)? Are you seeing a questionable return from your newspaper advertising? Read the full story on Small Business Advertising…How to Make it Work.

    Now look at this from the publishers point of view as well. The yellow page rep who needs to collect the money. The payer and the asker feels the same. The yellow page rep has been to many advertisers and they don’t feel like paying. Because the advertiser is seeing questionable return.

    This does not mean that he is not getting any return it’s only that he is seeing nothing. This is because he is not measuring and the seller of the the advertising is not showing or teaching the advertiser how to measure return.

    I will be addressing these issues in my new ebook that I am thinking of calling “Discover Advertisings’ Missing Link: Cultivation” Subscribe to my newsletter to stay in touch.

     
  • admin 1:28 pm on June 26, 2009 Permalink | Reply
    Tags: , , , , ,   

    Can We Add Value To Coffee News? 


    Coffee News 2

    Image by be OH be via Flickr

    Allow me to recap:

    You know that Coffee News is a small business opportunity allowing work from home moms, dads and others to publish a weekly one-page newspaper. This newspaper is distributed to local or community restaurants. The content consists of ‘news to amuse’ and takes less than 8 minutes to read. On the left, right, front and back page edges of the paper are 32 business-card sized ads where local businesses promote their business.

    Currently more than 8 million people read this newspaper across the world every week. This is a significant publication with a reach stretching 52 countries.

    My questions:

    Are we utilizing the true power of Coffee News?

    Why not add value to this amazing publication?

    This is my suggestion:

    1. Create a reason for readers to subscribe to an online newsletter via a blog
    2. In addition to the paper version publish a shortened e-version with different news.
    3. Create Google Adwords like ads for the local advertisers and publish it on the edges of the e-newsletter.

    Just think about the opportunity:

    • We have a captive audience having fun getting a Coffee News newsletter weekly.
    • We have small business advertisers who get more exposure
    • Coffee News marketing agencies can add more value to their sales pack.

    What are the negatives?

    Let me know what you think…..

    johansig

     
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