For most companies, gone are the days of spending money just for the pleasure of seeing their name on TV or the Internet.
Most companies today are forced to insist on results. Yet on average, up to 80% of advertising is wasted because it doesn't work. If only you could know which of your campaigns make up the 20% that is making you all your money. If you knew that, you could stop wasting 80% of your advertising budget and put the money saved towards doubling up on the 20% of your advertising that is working.
But how can you know which of your advertising campaigns are working and which are failing?
The secret is in promotional products. I'm talking about pens, mugs, t-shirts, et cetera, imprinted with your company logo. These things hold the key to measuring the ROI of every marketing medium you are using. They keep all your other marketing honest.
Here is how it works:
Step 1: In every advertisement that you create, you must include an incentive for your customer to take action now in order to receive a free gift. Of course the free gift is a promotional product imprinted with your company logo. Each advertisement should offer a different free gift.
Step 2: When they respond to the ad or take whatever action you want them to take, they will also ask for their free gift. Depending on what gift they ask for, you will know which ad they are responding to.
Step 3: Calculate your ROI for each separate campaign.
Step 4: Stop running the campaigns that aren't working and increase your investment into the campaigns that are working.
If you response rates don't rise dramatically, this is a good indicator that your existing marketing isn't working as well as you thought.
The author, Nathan Cain has more ideas that will help your business marketing efforts.
Visit his promotional products web site at http://www.Web-Magnets.com
![]() Google News Updated : Sun, 12 Oct 2008 11:51:06 GMT McCain campaign's tone likened to George Wallace's - Newsday
Newsday - WASHINGTON - Rep. John Lewis, a Georgia Democrat and veteran of the civil rights movement, says the negative tone of the Republican presidential campaign reminds him of the hateful atmosphere segregationist Gov. McCain in 'hatred' war of words Obama thanks, jabs at McCain Publ.Date : Sun, 12 Oct 2008 09:27:11 GMT Theatrical Review of Body of Lies - DVDTOWN.com DVDTOWN.com - By Jason P. Vargo "Body of Lies" is a certain type of movie designed for a certain type of moviegoer. I think the tagline describes the movie perfectly, actually. Will 'Chihuahua' take a bite out of 'Body of Lies'? Body of Lies Publ.Date : Sun, 12 Oct 2008 00:19:39 GMT Many homers, and pitches, in Game 2 - MLB.com
MLB.com - By Bryan Hoch / MLB.com ST. PETERSBURG -- Five hours and 27 minutes elapsed during Saturday's American League Championship Series Game 2, bookending the moments when Scott Kazmir threw the game's first pitch over home plate and BJ Upton popped its ... Up, up, and away Mike Timlin shoulders blame Publ.Date : Sun, 12 Oct 2008 09:22:57 GMT American space tourist blasts off in Soyuz rocket - The Associated Press
The Associated Press - BAIKONUR, Kazakhstan (AP) - A Soyuz spacecraft with two Americans and a Russian on board lifted off from Kazakhstan on Sunday for the international space station. Space Toilet Fixed – For Now Russia launches spacecraft with sixth space tourist Publ.Date : Sun, 12 Oct 2008 11:11:37 GMT Van driver's work in Mass. aided Nobel winners - Boston Globe
Boston Globe - HUNTSVILLE, Ala.—When two American scientists won a Nobel Prize this week in chemistry, the driver of a car dealership's courtesy van had reason to take special interest. Video: Nobel Chemistry Prize Goes for Jellyfish Protein Publ.Date : Sun, 12 Oct 2008 04:14:18 GMT Japan says will tap FX reserve if IMF steps up bailout - Reuters
Reuters - WASHINGTON, Oct 11 (Reuters) - Japan said on Saturday it is ready to offer a part of its $1 trillion foreign reserves to the International Monetary Fund (IMF) if the multi-national lender is to support countries facing economic crisis. Video: IMF: Timing right for G7 IMF Calls for Aggressive Response to Crisis Publ.Date : Sun, 12 Oct 2008 05:32:02 GMT ARM Holders Would Do Well to Shop Around Now - Washington Post
Washington Post - By Nancy Trejos The global financial crisis has affected virtually every aspect of personal finance, from mortgages to student loans to credit cards to retirement savings. Finance giants reportedly ordered to buy $40 bln of mortgage bonds ... Fannie, Freddie to Buy $40 Billion a Month of Troubled Assets Publ.Date : Sun, 12 Oct 2008 07:07:17 GMT RSS Software |
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