In this business, companies like R.O.Why! Marketing are put into a lot of categories. We're a Cincinnati advertising agency, a marketing firm, small business marketing consultants, etc, etc, but at the core we're in the business of helping you grow yours. I talk with a lot of people that work at this Cincinnati advertising agency, that Cincinnati marketing firm, an agency of marketing consultants, etc. and what's interesting to me is the wide variety of "solutions" that are being pitched today in this market.
Web development, SEO, direct mail, email marketing, social media, branding, you name it. Now's the time to do it all. Don't cut your budget, invest in the future!
It's kind of tiring and I can imagine that it's even more exhausting for everyone from the small business owner to the CMO of a regional or national firm.
What I hear a lot is this: "Look, we're cutting our budget. It's a given. I need to know what we must do now to come out of this recession strong.
So here's my take and it's the basis of what I'm sharing with every business I speak with:
Every business in every industry has only 4 things to do.
- Attract - build a following, create interest, get people coming to you.
- Cultivate - build relationships, engage them, address needs, make compelling offers.
- Close - strike when it's hot and seal the deal
- Retain - keep them around & decrease what you need to spend on new customer acquisition
It really is that simple. Every facet of the business, every marketing decision, every employee has to be focused in the direction of achieving one of these 4 things right now. (Just right now?)
For the marketing executive challenged with their Cincinnati advertising agencies that are pushing more media, discounted media, SEO, huge interactive marketing projects, blogging, social media and other things as THE answer to the current problem, maybe this can serve as a new barometer.
Which of these 4 things is my company most challenged with right now? Does what your pitching me help me do that better, faster, ? If so, show me precisely how.
Simplify the decision making and streamline the metrics. Go out and accomplish these 4 things, or maybe just one. Budget decisions become easier. ROI marketing measurement becomes easier. As a result, I think we'll find that marketing efforts become more aligned with the business needs. Focusing on the fundamentals will help you grow the fundamentals. The water shouldn't be muddy. If your Cincinnati advertising agency or marketing firm is pitching something that doesn't clearly fit in one of these 4 objectives, and there's a process in place to tell you how it performed, question it and consider making it better or doing something else entirely.
Stop worrying about Twitter and get better at attracting, cultivating, closing & retaining. Your world will change for the better when you master these 4 basics.
Then if you'd like, follow me on
Twitter. :-)