from Mediapost:
by Karl Greenberg
by Tanya Irwin
by Karl Greenberg from Mediapost:
by Karl Greenberg
by Tanya Irwin
by Karl Greenberg
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Last year I began doing research for the local Hispanic newspaper that's been around for 15 years and growing. One question that sometimes comes up due to ignorance, prejudice or the media is not even asked.
The question is: who are/what is Hispanic? Here's an answer from Mediapost:
So what race are Hispanics? They can be Asian, Black, Pacific Islander, White, Native American, or any combination of two or more of these. The Latino community is nothing short of a genetic kaleidoscope. The answer to the question is, "Any of the above." Even the Census Bureau has stated that "Hispanics can be of any race, any ancestry, any country of origin."
Each one of the racial categories mentioned above "shares certain distinctive physical traits." When you begin to look closely at the Latino community as a whole, you begin to notice that you simply can't organize it by race; there's just too many of us who don't fit the finite number of races. Most of us fit in the last category, "a combination of two or more races." Yes, many of us are "mestizos" or of mixed racial ancestry. Still, there are some pure bred White, Black or Asian individuals who identify themselves as Latinos.
So the question now is, what are Hispanics? The best way to categorize them is as an ethnic group. An ethnic group is defined as "a group of those who hold in common a set of traditions that distinguish them from others ... such as a sense of historical continuity, a common ancestry, place of origin, religious beliefs and practices, and language." Please note that when defining an ethnic group, it is done not by a rigidly defined set of characteristics that you can't move away from, but as a combination of several traditions, which at the end of the day define a particular outlook in life, a state of mind, a way to interpret and respond to outside situations and stimuli.
Let's see how some of the characteristics of the Latino ethnicity intertwine.
With all this in mind, I'm sure you are now asking, "Who is Hispanic?" A recent Pew Hispanic Center report that emerged around the commotion about whether or not Sonia Sotomayor was the nation's first Hispanic nominated to the Supreme Court put it quite clearly: "You are if you say so."
Through my years living in the U.S. I've met and befriended many persons who neither physically or through heritage fit the "Latino stereotype," yet their state of mind, their outlook in life is much more Hispanic than that others I've met who "genetically" look Latino. The former, to me, are Hispanics.
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From MarketingProfs:
Here's Why I'm Worth It
In a post at his blog, Jim Connolly presents a hypothetical scenario that offers a choice between two consultants—Bob, who charges £50 an hour, and Sue, whose hourly rate is £75. "Sue is well organised and very experienced in her field," he says. "Something that takes Bob 5 hours to do, can be done to a higher standard by Sue, in half the time." In other words, when working on an identical project, Sue will actually deliver better results and undercut Bob's bill by more than £60. But she can't expect anyone to assume that is the case: She has to let them know why she's probably cheaper than competitors like Bob. "Once prospective clients or customers are aware that your higher than average price or fee could save them money and give them a better quality service," says Connolly, "it’s a lot more likely they will hire you." The Po!nt: Don't charge a higher-than-average price for your product or service without explaining the to your prospective customer why it offers good value. Source: Jim's Marketing Blog. Click here for the full post. |
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This Week's Tip:
Ask the Cleansing Question to Clean
Up Your Follow-Up File
Greetings!
A question I received through email asked,
"I've got a lot of prospects pending, but not a lot
closing. What should I do?"
Like many questions I get, that's extremely vague
and requires a lot more information before I could
give a specific detailed answer. But it did get me
thinking about a possible reason, and remedy.
I call it the Cleansing Question. Let me set it up
first.
What percent of the people in your follow-up file at
this very second do you feel will ever do business
with you?
Sixty percent?
More? Less?!
You're fairly typical if you answered 50% or less. It's
not a good percentage, but typical.
Why? Oh, there are several reasons. Reps like to hang
on to prospects, thinking that shred of interest might
eventually turn into something. They're right:
Disappointment, and a waste of time, usually.
Others stake their claim to prospects, tattooing their
name on the prospect's record in the "system," just in
case divine intervention comes into play and the person
decides to call up and order on their own. These reps
then usually pounce upon the order and say, "It's mine.
See, has my name on it."
Ask the Cleansing Question
But, the main reason reps have too many "leads working" is
that they don't ask the tough questions early enough. You
need to find out if the person you're talking to is really
a "player." It's always better to get a "no" early, than
to waste time, effort, paper, and postage chasing shadows
that never will materialize.
Here is what you need to do starting today.
Begin cleaning up your "non-prospect" prospects now. Ask
this Cleansing Question,
"Mr./Ms. Prospect, we've been talking for awhile now, and
have agreed that we'd be able to help you (fill in with
how they would benefit.) I want to be sure I'm not bothering
you, or wasting your time or mine. Tell me, what is the
probability we'll be able to work together in the next month?"
Think of the possible results here.
1. They say, "Zero probability." Great, now at least you can
find out the real problem, or move them out. Movement, forward
or out, is progress.
2. They give some other probability. Good, but not great. You
want to ask what you both need to do to move forward now.
Get specifics. Commitments. Ask them to attach time
frames to the commitments. Don't allow them to continue
putting you off. Again, movement here is success.
3. You just might get the business right now. Perfect.
Sometimes all it takes is the nudge to get the boulder
rolling down the mountain.
Do some late-summer cleaning. Examine your follow-up files.
Prepare you own strategy and ask the Cleansing Question.
QUOTE OF THE WEEK
"There are risks and costs to a program of action. But they
are far less than the long range risks and costs of
comfortable inaction."
John F. Kennedy
==============================
Art Sobczak, President, Business By Phone Inc. 13254 Stevens St.,
Omaha, NE 68137, (402) 895-9399. Or, email:arts@businessbyphone.com
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I'm not to sure about the last item regarding my beloved Diet Mt. Dew:
by Sarah Mahoney
by Karlene Lukovitz
by Aaron Baar
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With all the recent attention to their Coffee beverages, you may have forgotten that McDonald's is in the burger business.
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An interesting study from MarketingCharts.com. Click on the charts to make them BIGGER:
More than one-third (36%) of online US and Canadian women would give up chocolate, their Pradas, or their mother-in-law before they gave up their social networks, but only half would be willing to pay subscription fees to continue using such networks, according to a research study and report by ShesConnected Multimedia.
The study, “The Power of Social Networking for Women,” asked women in the US and Canada how they are using social networks and found that 53% of online women use social networks at least weekly, and that social-networking women - most of whom are highly engaged and comfortable with technology - are one of the fastest growing segments on social networking sites.
However, though social networking continues to grow in popularity and presents an increasing array of benefits, the research also found that women place paramount importance on protecting their privacy online. More than nine in 10 women say controlling their privacy settings on social networks is “very important,” and only slightly fewer (86%) say that blocking other users is of utmost importance. This compares with 72% of online women who say that posting comments is very important and 71% who say it’s very important to be able to invite a friend.
Ad Supported Models Most Favored
Women are also most comfortable with ad-supported revenue models for social networking sites, the survey found. While 92% have some degree of comfort with seeing ads on social networking sites, only 22% say the same about selling data to advertisers and 28% have comfort with a subscription-based model. Nearly half (49%) say they would not use a social networking site if It charged them a subscription fee.
Reasons for Belonging
Though it is not big news that Facebook, LinkedIn and Twitter are the most popular social networks for women, ShesConnected was surprised by the fact that a large number of women are using such sites to network, market and otherwise promote their businesses.
Top sites joined:
The top five reasons women belong to social networks:
Most Popular Activities
The study also found that a growing number of women are viewing video and reading blogs. According to the study, the most popular social networking activities for women:
Additional survey findings about social-networking women:
ShesConnected notes that these study findings have potentially profound implications for advertisers. “Women using Social Networks are finding such high utility in these sites that they are becoming a central component of their lives online,” the firm said in a press release, adding that “marketers need to focus on how best to provide value to the community.”
About the study: The study was conducted online using a viral approach to recruitment, including email invitations to ShesConnected registered members, links on Facebook and LinkedIn groups, and Twitter. There were 711 respondents to the study, which took place in April and May of 2009. No incentive was offered. Additional data from the US Census Bureau, Forrester Research and other published third-party studies was used to compile the final report.
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This weeks update from Amy:
Knob Creek has nothing to imbibe until November. Michael Jordan made from bottles. Let's launch!
| |
This song has legs. Citizens of South Africa unite and dance to Beyoncé's hit song "Single Ladies" in an ad for Vodacom. The ad's main character tours the country, makes friends and forms a dance troupe. Dance montages take place at the beach, on a train platform, construction site, trailer park and convenience store. Our man gets an A for effort. The spot ends with the dance scenes viewed from a cell phone. "Connect more. Live more," urges the tag, illustrating the Internet as easy to use. Watch the ad here, created by Draftfcb Johannesburg.
Old Spice created four online videos to promote its "Swaggerize Your Wallet" contest. The creator of the winning ad wins $10,000. One video shows the difference between using soap and Old Spice Swagger. One arm gets tan and muscular; the other becomes scrawny and turns to dust. See it here. Chainsaws perform better when their owner uses Sawgger deodorant. Watch it here. An arm-wrestling match goes bone-breakingly wrong for a Swagger-less man. See it here. Karate chopping cement blocks proves difficult for a man using regular deodorant. Post-Swagger, he grows a new, stronger arm that completes the job. Watch it here. Videos, created by Wieden + Kennedy Portland, are running on YouTube, dailymotion.com, break.com, vimeo.com and veoh.com.
Coupons.com bowed its first ever TV ad campaign using the tagline: "There's a better way to save." "Free Samples" follows a mom pushing her baby through a grocery store. She rolls past cheese-and-cracker samples and devours the tray. Even her baby is bothered by her voracious ways. Her case was extreme, but haven't we all gone crazy for free food? See it here. The ad was created in-house and directed by Jason Zada from Tool of North America.
Gatorade launched a great TV spot Sunday to promote its limited-edition Michael Jordan bottles, in stores throughout the month. A mosaic of Jordan, slam-dunking a basketball, was erected in Chicago from 14,641 bottles of Gatorade and 16 hours of hard work. The bottles pay tribute to Jordan, who will be inducted into the basketball Hall of Fame in September. The time-lapse ad begins with a crew of workers and bottles of Gatorade and ends at night with the finished product aglow. See the ad here, created by TBWA/Chiat/Day Los Angeles.
We go from the ridiculous to the sublime. Knob Creek Bourbon placed ads in The New York Times and The Wall Street Journal thanking its consumers "for nothing." The latest batch of Knob Creek hasn't fully aged yet, leaving the brand sans product until November. Each batch is aged for nine years and creative informs consumers that the aging process won't be compromised for a quick buck. See the ads here and here. I like the print ads much better than a package I received in the mail a month ago. It was an empty bottle and a press release. Doe Anderson created the ads.
Georgia Power launched an adorable TV spot starring trained dogs that sniff out energy savings for homeowners. The ad stars Ryder Hamilton, a fictitious dog trainer Georgia Power hired to teach canines to help homeowners save money and energy. George the Basset Hound is tasked with finding the more efficient lightbulb: compact fluorescent or incandescent. George whines, and Ryder interprets it as an answer for compact fluorescent. A voice off-camera says, "I didn't see him pick one specifically," which doesn't sit well with Ryder. See the ad here, created by The Richards Group.
It didn't take long for a brand to create an ad poking fun at the recent New Jersey corruption headlines. Virgin Mobile launched a timely print ad in Metro, complete with a teaser box on the front page, directing readers to the full-page ad. "Kickbacks without the handcuffs" read the teaser ad, shown here. Readers who turned to page three found an ad for Virgin Mobile "announcing kickbacks that'll make New Jersey proud." If a consumer and their friend each sign up for a Virgin Mobile plan, they receive free minutes. See the ad here. Toy New York created the campaign.
This ad launched a couple of months ago, and never fails to make me smile. Visa launched "Music," a feel-good commercial promoting the use of Visa Debit as a secure way to make online purchases. Athletes, businessmen, bikers, prom-goers and cowboys sing a line from Rick James' "Superfreak." The spot ends with a woman using her Visa Debit card to purchase the song online. "Who isn't a little freaky," asks voiceover actor Morgan Freeman. See the ad here, created by TBWA/Chiat/Day.
Random iPhone App of the week: Publishers Clearing House launched PCH Trivia, a game created by Triviatown that gives gamers a series of trivia questions to answer and allows users to enter the Publisher's Clearing House sweepstakes once a day. In addition to the free trivia App, PCH also offers a free gaming app. All this technology makes me miss Ed McMahon even more.
| Amy Corr is managing editor, online newsletters for MediaPost. She can be reached at amyc@mediapost.com. |
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Doesn't matter why they are upset as much as what you do next:
Dealing with an Angry Client
Prospects who react strongly to what you present, even with anger, are going to be more involved and passionate about your offerings.
Sometimes the best strategy is to let them vent. Anger is emotional, not logical. Often as prospects vent anger they will not give a logical reason for it.
If you listen carefully for the feeling behind the behavior, the reason may become clear. Responding to the feeling that drives the anger may get you to the heart of the matter.
Source: Adapted from Presentations That Change Minds, by Josh Gordon, president of New York-based Gordon Communication Strategies
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Mediapost writes 'em, I post 'em:
by Tanya Irwin
by Karl Greenberg
by Karl Greenberg
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My wife and I took a weeks vacation in June. We were planning on going no matter what since it was a trip from Indiana to Maine for my sons graduation! However lot's of others have been staying closer to home:
County Fairs' Cheap Tickets Lure Big Crowds
Families who want cheap, close-to-home fun this summer are heading in record numbers to a pastime that dates to the 1800s: the county fair.
"The economy worked in our favor, because so many people were staying home and looking for a lot of bang for their buck," says Linda Zweig, spokeswoman for the San Diego County Fair in California. Attendance for its 22-day run was a record 1,274,442. Previous record: 1,265,997 in 2007.
To attract budget-conscious visitors, the fair offered new discounts, including a $22 pass good for 22 days.
California's Alameda County Fair drew a record 432,000 visitors, 87,000 more than in 2008. "I think everybody has a 'stay-cation' attitude this year," says spokeswoman April Mitchell. For the first time, the fair offered a $30 pass for all 17 days.
The Alameda fair added horse races and promoted a balloon ride that had been at Michael Jackson's Neverland Ranch.
As fair season nears its halfway point, the trend is likely to continue, says Marla Calico, spokeswoman for the International Association of Fairs and Exhibitions.
"In this type of economy, fairs really shine," she says. "There may be pent-up demand because people have not taken vacations...and fairs are a good value."
Other fairs with upticks:
• A record 158,357 people paid $5 each to visit Missouri's Boone County Fair -- a 47 percent increase in gate receipts compared with 2008. "I saw lots of smiles," fair manager George Harris says.
Because of this year's success, the 2010 fair will be extended from seven days to 10.
• The four-day East Otter Tail County Fair in Minnesota, which had charged $6, was free this year. Organizers didn't track attendance, but office manager Jessie Steeke says "foot traffic was way up."
• The Ottawa County Fair in Ohio, which ended Sunday, doesn't have final numbers, but treasurer Jon Overmyer says attendance was up 10-12 percent from 2008 despite rainy weather. The fair's $5 ticket was good for expanded entertainment.
• Attendance was 132,087, up 30 percent from 2008, at Wisconsin's five-day Waukesha County Fair, says executive director Shari Black. Opening-day attendance, when admission was $1 instead of $9, was the highest in the fair's 167-year history.
"People were definitely taking advantage of deals," Black says.
(Source: USA Today, 08/03/09)
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Now that August is here, parents will have to fork over the money...
85% of Americans have made some changes to back-to-school plans this year, impacting spending, with 56.2% of back-to-school shoppers hunting for sales more often, 49.6% planning to spend less overall, 41.7% purchasing more store brand/generic products and 40.0% are planning to increase their use of coupons.
Others say the economy has impacted lifestyle decisions, with 11.4% saying children will cut back on extracurricular activities or sports and 5.7% saying that the economy is impacting whether their children will attend a private or public school.
Tracy Mullin, President and CEO of NRF, says "... As people focus primarily on price, strong promotions and deep discounts will ultimately win over back-to-school shoppers this year."
Spending in most back-to-school categories is expected to decrease, except for electronics, which is expected to increase 11% as personal laptops and desktop computers become increasingly more affordable. The average family plans to spend $167.84 on those purchases, compared to $151.61 last year. Families will also spend an average of:
Discount stores will be the most popular destination for 74.5% of back-to-school shoppers, while 21.5% of families will shop at drug stores for back-to-school, an 18% increase over last year. In addition:
Phil Rist, Executive Vice President, Strategic Initiatives, BIGresearch, says "Americans will be... using newspaper ads, online promotion codes, and... comparison shopping before making decisions... parents hope to begin back-to-school shopping early to spread the spending out... "
According to the survey, 44.4% of Americans will begin their shopping three weeks to one month before school starts to take advantage of retailers' early promotions. And:
College students and their parents will spend an average of $618.12 this year, up only 3%. Total college spending is expected to decrease to $30.08 billion.
Tracy Mullin, President and CEO of NRF, observes that "This year, college students are just as focused as their parents on finding good deals and making smart choices with their money."
According to the survey, back-to-college buyers say the economy will cause them to spend less overall (48.0%), shop for sales more often (46.1%), and comparative shop with ad circulars/newspapers (30.8%). The economy will also cause some students to make do with last year's school items (33.6%), share or borrow textbooks instead of buying new ones (17.4%), and will impact students' choice of college (15.0%).
12.8% of survey respondents say the economy will impact where a student lives, with many choosing to save money by living at home. 58.5% of college students will be living at home this year, compared to 54.1% last year and 49.1% in 2007. Families of freshmen will spend $820.77 on back-to-college purchases.
College students and their families will spend an average of
Please visit the NRF here to view complete back-to-school and back-to-college survey results.
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Ever climb a flight of stair and miss a step? It throws you off balance and sometimes you can get hurt!
The same can happen in the sales process. This was in an email to radio sales executives:
Daily Sales Tip: Process vs. Results
The harder we push to create results...in other words, close the sale...the less time we have to develop and execute the sales process. Hard times cause what I call the "Skipping and Tripping" syndrome. Skip a step of the process, like conducting a good Client Needs Analysis before making a recommendation of an idea, and you'll trip yourself and lose the sale.
Remember to execute all of RAB's Seven Steps To Selling Success:
1. Prospecting, including finding and qualifying the account as a good match between your typical listener and the prospect's typical customer.
2. Getting the appointment by using the phone and asking for an appointment to determine if you can be of benefit to the prospect -- not to present a pitch.
3. Researching the prospect's industry and the prospect's marketing situation to prepare specific questions for use during the next step.
4. Conducting a Client Needs Analysis meeting to ask your questions and learn about the prospect's objectives, competitive situation, products and services, and current advertising.
5. Writing the proposal, with custom information focusing on the needs of the advertiser and your solution to those needs.
6. Presenting the proposal, emphasizing client benefits rather than station features.
7. Closing, including addressing objections by restating how your recommendation helps the prospect achieve desired advertising objectives.
Source: John Potter, Radio Advertising Bureau VP/Training
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The Latest and Greatest from Mediapost:
by Karl Greenberg
by Sarah Mahoney
by Laurie Sullivan
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Despite the definition of Senior Citizens being around 55 or 65 and older, the Baby Boomers are now in this age classification and you better not think they're like previous generations that reached that age.
As a matter of fact, today's seniors are "younger" than ever! From MarketingProfs.com:
Good news for those marketers who seek to advertise aggressively and creatively to Baby Boomers: You are right on track! New research is finding that for many Boomers "aging is not about the inevitable end, but rather about the evolving self." It seems this age group is redefining retirement as "a time of growth when identity is broadened, expressed, and completed through consumption." Let the games begin!
Researchers scoured the current literature on aging and lifestyle, and observed seniors in a wide range of communities and life situations. They've concluded that Boomer retirement is:
A dynamic life stage full of self-evolution and identity work. Marketing hint: Offer personalization on a host of products. Emphasize making a mark, leaving a legacy (take heed, nonprofits).
A culture in which "identity experimentation" is increasingly acceptable and common. Hint: Keep it in mind as you market that those in this age group are rediscovering their true selves. "It's finally time for me!"
A culture that emphasizes staying busy and traveling. Hint: Forget frailty. Assume they're tough and ready to explore!
A time when consumers favor consumption. (Don't you love it?) Hint: Don't rule out any product as not fitting this generation. Instead, try reworking your creative to target them. They're ready to buy—once they're shown a little respect.
The Po!nt: They're as young, and as unique, as they feel. Don't treat today's seniors like they're old and frail. Instead, market to them as the vital, active individuals they truly are. They're ready to respond!
Source: "Consumer Identity Renaissance: The Resurgence of Identity-Inspired Consumption in Retirement," by Hope Jensen Schau, Mary C. Gilly and Mary Wolfinbarger. Journal of Consumer Research, 2009.
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I always enjoy the writings of Chuck McKay:
As I headed out the door the Lovely Mrs. McKay handed me a coupon from the new C store in our neighborhood, saying “You've got to stop for gas anyway. Here's a coffee for the road.”
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From a newsletter I subscribe to:
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