Watch The Journey

BLOG

CUSTOM JAVASCRIPT / HTML

The Blueprint for Success: Step-by-Step Guide to Crafting a Marketing System

Saturday, October 21, 2023

The Blueprint for Success

I am a strong, enthusiastic advocate of Direct Marketing for most businesses, small or large. Direct Marketing consistently delivers the best results for every dollar spent. But let's talk a little bit about 3 Other Types of advertising, promotion and marketing – which may have their space – but are sold to you for the wrong reasons.

Institutional Advertising

First, there is Institutional Advertising, and this type of advertising is often intentionally used by big corporations (and blindly copied by smaller ones). It essentially says to consumers and/or stockholders, “Here's who we are. Here's what we do. And we're nice guys.” But it never asks anybody to buy anything or to take any action. It's image building.

Some quick examples.

  • ​The Goodyear blimp flying over football games
  • ​Commercials during the Sunday morning news programs and during some sports events
  • ​Most bank advertising
  • ​Billboard signs in airports
institutional advertising

This is all pure institutional advertising.

Advertising agencies, consultants in the media love to sell you this type of advertising because there is no possible way to measure its effectiveness. Is it working? Is it paying for itself? Who knows!

Non-Measurable Response Advertising

The next, slightly more sensible approach is what I call Non-Measurable Response Advertising.

This type of advertising is trying to sell something, but is still basically unaccountable for its results. TV commercials for a particular brand of car fall into this category.

The intent of those commercials is to get you interested enough in that car to go to the showroom, but there's really no way to tell how many people who came to the showrooms this week were influenced by those commercials.

Would they have come anyway as a result of the dealer's own newspaper ads? Who knows!

Non-Measurable Response Advertising

Many smaller businesses get trapped using this type of advertising: appliance, clothing and department stores all run sale ads saying, “Here's what's on sale, come on in!”

But they have no means of determining how many people came because of the ads versus how many might have come anyway - or how many came from an ad in one media versus the same ad in another.

They can guess they can take this weekend's higher traffic, less last weekend's traffic and attribute the difference to the ads, but it gets worse if they advertise the sale via the newspaper, two radio stations and flyers.

How do you tell what works and what doesn't?

Again, ad agencies in the media like to sell this type of advertising because it's difficult for the advertiser to measure the results.

Public Relations and Publicity Advertising

Another type of marketing is Public Relations and Publicity. There are firms who you can retain to prepare news releases and articles about your products or services and your company. They work at getting all this placed in various media.

These firms may also arrange interviews and talk show appearances. Although you can measure them by how much actual exposure they get for you, it's generally difficult to then measure how much business came from the exposure.

Public Relations and Publicity Advertising

Also in this category is the sponsorship of everything from a little league team to an Indy 500 race car or a golf tournament.

What Should You Include in a Marketing System?

All three of these types of marketing probably have some point and place in a business's total marketing plan. It is my firm belief, however, that these methods are grossly and deliberately oversold to clients by media and professionals because of their resistance to results measurement.

It is also my opinion that most businesses, the owners of small businesses and the executives of large companies stupidly waste large sums of money on these non-measurable marketing options.

I would much rather see money spent where the results can be definitively and accurately measured, so the changes can be made to develop successful response levels for every dollar spent. And to do that, you must use Direct Marketing - period.

So if you want to create a marketing system that not only converts but has your customers keep coming back – begging for more, you need the following systems:

Firstly, get this clear: Most businesses today are operating like it's the 20th century. They're playing a numbers game, casting wide nets hoping something—anything—works.

That's insanity.

In today's ruthless market, hope is not a strategy. Precision is.

  • Target Market: Forget the masses. The riches are in the niches. Identify, with laser precision, who your ideal customer is. What keeps them up at night? What do they desire most? If you don’t know, find out. If you're trying to appeal to everyone, you're wasting your time and money.
  • Message: This is your weapon. Your business's lifeline. It's not just about what you sell; it's about how you sell it. Craft a message that's not just persuasive, but undeniably compelling. Stand out. Be bold. Make it so your prospects can't ignore you. If your message isn't resonating, it's not their fault—it's yours. Refine it.
  • Media: This isn't about jumping on every new platform trend. It's about strategic placement. Where are your customers? Are they reading newspapers or are they on Instagram? Maybe both? Put your magnetic message right in their path, consistently.

The marketing landscape has shifted. Traditional methods? They're on life support.

And while everyone's scrambling, trying to find the 'next big thing,' the principles of Magnetic Marketing remain steadfast. If you're not applying them, you're leaving money on the table. Period.

To succeed in today's market, you can't be passive.

You need a system—a proven, time-tested system. That's what Magnetic Marketing is. So, don’t just dabble in it; embrace it, implement it, and watch your business transform." You can always learn more by trying out our NO BS Newsletter or access one of our training inside of our Diamond Membership.

Join The

Magnetic Marketing Challenge

For FREE!

Want a flood of new dream clients that beg to pay, stay, and refer… so you can watch your business explode in 2024!? Give us just 90 minutes a day, and over the 5-day sprint, we'll show you exactly how, for free!

Recent Posts

How Direct Marketing Is Used & Why It Works

Direct Email Marketing 101: Your Step-By-Step Guide

How To Determine The Perfect Direct Marketing Budget

6 Methods Of Direct Marketing That Work Like Crazy

Direct Marketing Goals - How To Set & Achieve

Are There Limitations Of Direct Marketing?

The Growth Of Direct Marketing

Coca-Cola’s Direct Marketing Strategy: A Case In Point

Direct Marketing Vs Brand Marketing - A Full Comparison

Power Systems Planning - Everything You Need To Know

Categories

magnetic marketing logo

Copyright © 2024 Magnetic Marketing™ 
Privacy Policy  |  Terms