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Corporate Marketing
A corporate marketing strategy is a broad marketing plan that creates
guidelines to be used throughout the company. This includes company
branding and logos that are used consistently to create an instantly
recognisable brand (brand awareness). These corporate guidelines
must always be taken into consideration when launching a new product
or service.
A corporate marketing strategy can also refer to the different mediums
used to market the company/product such as print advertising and
materials, television, radio and online marketing.
Aditude can assist in creating a strong brand that consumers will
become familiar with thanks to consistent design that is harmonised
through the use of logo, slogans, font, colours, imagery and style.
If you use an advertising agency to change
something – for example, a business card – then it is imperative
that they also filter this
change throughout all your materials and advertising to ensure that
your identity is maintained. Using the same agency for all your marketing
needs also strengthens your brand as they will be familiar with your
corporate marketing strategy, can stick to it, improve upon it and
enhance it.
Design Consistency Keeping a consistent look and feel across
your marketing and advertising materials is important for building
a memorable and professional
identity as an organisation’s visual identity externally reflects
it style and
character - and its traditions, strengths and values. Consistency
means using the
same font type, the same colour palette, the same type of paper for
stationary, the same printer where possible (to ensure a consistent
quality) and the
same style and language of wording. At the very least, it is essential
to have coordinating company stationary - letter heads, envelopes,
compliment’s slips - etc, and to use your logo and slogan on all
materials. The Power of a Good Slogan Advertising slogans are short phrases
used in advertising campaigns to draw attention to unique selling points
or positive aspects
of a product
or brand. A good slogan is memorable and stays in the mind of
the consumer long after they have seen the advertisement. Slogans
should not be
complicated or over the top, they should be short, simple, direct
and clever (or witty)
- summing up the main benefits of the product or brand for the
potential user or buyer. The best slogans are hard to forget, and
when they
are coupled with mnemonic devices such as images and music,
this
is when
they can become
iconic. The Internet as a Marketing Tool Sales via the web are increasing as more and more people have
access to the internet and are learning how to use it, but
is it a suitable
marketing
tool for you and your brand? The advantages include: a growing
audience, world-wide presence, equal exposure for big and small
business’ and
a reasonable marketing cost. Disadvantages include: huge competition
from all over the
world, getting potential customers to actually visit the site
and the continual need to refresh and update the site. The
main thing
to keep
in mind is
that a website or web banner advertising alone will not guarantee
an increase in sales as it is only one of the marketing tools
available to business’.
Going down the internet route can be a very useful medium for
creating brand awareness, increasing sales and as a marketing
and lead development
tool, but to really succeed, it needs to be used in conjunction
with other methods of promotion too. Advertising During Recession A common perception is that during a recession,
advertising budgets should be cut to save money, but this is actually
the time when
you should be
advertising in order to make the money later on. A
survey
conducted by McGraw-Hill Research on U.S. recessions from 1980-1985
found
that the businesses
that continued to advertise during the 1981-1982 recession
hit a 256% growth by 1985 over their non-advertising
competitors. Research by
American Business
Press during the economic downturn of 1974 and 1975
found that companies
that advertised in those years saw the highest growth
in sales and net income during the recession and the two years that
followed.
The conclusion
is that advertising during a recession is a sound investment
for the future of your business. The Importance of a Good Logo
An effective logo is one of the most important
elements a company needs to cement its brand identity. Whilst
it may seem like
a small, simple
design, a great deal of thought and time goes into
the creation of a logo that
will instantly sum up what a business is and that
will be instantly recognisable and memorable. A logo is also
an investment in
your brand and is money
well spent for something that is going to be synonymous
with your product or services for the long-term
foreseeable future.
If you
get the logo
right, the rest will follow... Sales Promotions We are often asked what sales promotions - also
referred to as ‘below the line’ - are and what their purpose
is. A sales
promotion
differs
from an
advertisement; an advertisement is designed
to be informative, whereas a sales promotion is designed
to stimulate customers
to buy through
a mixture of methods such as point-of-sale
displays (stands at supermarkets etc),
price promotions (discount coupons or free
gifts), competitions and other promotions - as well as
advertising campaigns.
The aim is to
‘pull’ the
customer to your brand or product, which
is why sales promotions are very important, even if you are already
advertising
within the press. The Importance of Christmas Marketing There are two times in the year when business
slows down across the island - summer
and late November
to January
- but rather
than slow
down on your
marketing, the Christmas period is crucial
for setting up success in the new year and should
be approached
with planning, preparation
and
a strong
presence. The Christmas period presents lots of
great opportunities for promotion and brand
awareness, and is a good
time for cementing
relations
with your customers and business associates
by ‘getting in touch’ with
them through
Christmas greetings and gifts. A good
Christmas card will make you stand out from the crowd
and remain
in people’s
minds,
and whereas
sending corporate
gifts throughout the year to influence
may be seen as out of place, it is
welcomed during this
period.
Your target
audience
is also
in a festive
mood, which means they are more receptive
to promotions - especially those that
capture the
Christmas spirit,
so grab the opportunity. Christmas is also a time where people
take time to reflect and plan for
the future
and from January
things pick up,
which is
why mid
to late December
is perfect for advertising your services
and offers
to increase your chances for the coming year.
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