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Stretch Your Dollar With Horizontal Marketing Horizontal marketing - two businesses with different products but similar clientele join marketing efforts - is a smart way to increase your customer base without increasing your marketing budget. Cross-endorsement. "If you're a small company without much brand identity, you can ride the coattails of a stronger brand by offering them some type of promotion for their customers, whether that be a product, coupon, etc.," says Denise Patrick, vice president of creative services for Pierpont Communications. "For example, let's say you own the local miniature golf park. Offer the big movie theater in your neighborhood a ton of 'Buy One, Get One Free' tickets. It's a free gift for the movie theater, credibility for you and access to all the teenagers looking for a fun place to take their dates." Dr. Desiree Edlund, founder of OC Back & Body Doctors, a chiropractic office based in Irvine, California, that offers acupuncture and physical therapy, has been cross-endorsing with a neighboring gym for seven years. Edlund, 37, offers gym members discounts on services and periodically stations a representative in the gym offering free on-site body fat analyses with the results written on her business card. Spread out the cost. Patrick encourages neighboring businesses to "think mall" by turning your businesses into a destination "buying experience." Offer a full-service brand experience without increasing your overhead. What other services would your clients like to receive?& Michael Hart, a small-business marketing consultant for over 20 years, helped one of his clients reach a wider range of customers through a simple horizontal marketing tactic that any business can use. Hart helped a heating and air conditioning company recruit eight other businesses that had similar clientele to be featured in a full-color, 10-page home services coupon catalog. The businesses in the catalog all offered different services - termite and pest control, lawn care, carpet cleaning - but they all marketed to the same type of customers. "Each vendor increased sales by 20 percent or more, reduced their advertising and mailing costs, and expanded their client base eight-fold," Hart says about the catalog's success. Oh, by the way, don’t hesitate to call on us for a free consultation regarding signage or custom graphics. We are here to help.
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Best Regards, Gary, Dave, Elaine, Keith & Dan |
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