Beyond advertising.When a CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. or business owner considers means by which to promote their company or services, advertising is often the first tactic that comes to mind. While buying ads can be effective, employing a larger "toolbox See toolkit and toolbar. " comprised of a range of marketing components designed to drive business and positive attention to your company is far more prudent and effective--from a cost and tactical standpoint. Looking to market your company? Consider the following: [ILLUSTRATION OMITTED] Collateral materials -- First impressions are vital. Often, that initial impression comes via your business card or brochure. The same goes for your Website, CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). , DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. , etc. All should be cohesive in appearance and content, consistently portraying your brand as you want it to be represented. Direct (E)mail -- The 37-cent stamp is an underrated yet powerful tool. Throughout the year, send notes, announcements and other correspondence to your customers and contacts to inform them of new, noteworthy, company developments, while also reiterating key brand messages. Similarly, brief e-mail notes, including those with links to a media story of interest or articles featuring you or your company, also offer an avenue for staying in touch. Media relations -- The third-party credibility and exposure generated by positive media coverage on your company can be invaluable. A strategic media plan, such as one designed and implemented by an experienced, communications professional, can assure consistent results. An ad is one thing; a positive newspaper article or magazine profile on you or your enterprise is quite another. Strategic networking Strategic Networks Strategic Networks play a major role in the overall Strategy Development Process. Strategic Networks need to be developed, managed and measured professionally and are responsible for successful executed strategies and strategic roadmaps. -- People do business with other people, not companies. As such, it is important to network and connect with potential customers through appropriate organizations that host regular mixers and events, such as the Detroit Regional Chamber. The best marketing strategies involve a number of rock-solid initiatives designed to work over time; there is no "quick fix" or "silver bullet silver bullet - magic bullet ." By employing such tools, you will build a strong foundation from which your business can grow. Don Tanner is a partner and Matt Friedman is a vice president with Marx Layne and Co. in Farmington Hills Far·ming·ton Hills A city of southeast Michigan, an industrial suburb of Detroit. Population: 81,400. , a Bronze-level member of the Detroit Regional Chamber. |
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