Marketing for Success Newsletter
Marketing for Success Newsletter
March 2008
Volume 3, Issue 3

Table of contents:

  1. 1st Impressions Count in Marketing
  2. Good Word of Mouth Advertising Continued
  3. Great Networking Events to Attend

Download this Newsletter in PDF format

1st Impressions Count in Marketing

First impressions are hard to change, thus making a good/ accurate first impression is extremely important in marketing.

To illustrate this, I’d like to use an example of someone I met just over a year ago. At first impressions this person/business seemed like all the other ones out there, but at higher prices. Despite getting glowing references for this person from others, I was hesitant to refer business to them. However, over time I realized my error in judgment. The higher prices were because of the extremely high quality of work, experience and knowledge within their field, professionalism and customer service. I realized you get what you pay for and this company’s services were extremely valuable and not at all over-priced.

This was a hard first impression to change. Fortunately for both of us, we have developed a wonderful working relationship.

In the above example the wrong impression was due to lack of communication on what made this business so much better than all the others.

The more common first impression problems result in one or more of these six areas:

1. Be 5-10 minutes early to every appointment. Being the least bit late, makes a bad first impression. One might think you are disorganized. Allow time for unexpected traffic, improper directions or construction. Being too early to someone’s office may appear as though you are desperate and could make the interviewer feel pressured to meet with you early.

2. Like it or not, people make judgments on appearances. I recently heard someone say, “I like being in business on my own, so I don’t have to conform to a dress code.” That is their choice, but they need to realize they are probably losing business due to poor first impressions. The need to have a professional appearance applies to anyone in a sales, marketing or ownership role of a company.

When you are meeting with a potential client think of it like a job interview. Would you go to a job interview at a professional organization in jeans, disheveled hair or unshaven? Don’t overdress either. Dress to your audience.

Don’t wear anything sloppy, too tight or revealing. Have good hygiene and avoid wearing strong cologne or perfume.

3. Be professional and courteous. If you are meeting at the client’s office and they have a receptionist, be kind and friendly to the receptionist. You never know how much influence they have.

4. The handshake speaks volumes. The cold, wimpy handshake makes one seem weak or hesitant, possible snobby and unfriendly. Don’t go overboard by having a bone-crushing handshake. This could give the impression of being overly confident or domineering. Have a firm, professional handshake.

5. The brand of your company also affects first impressions. If you have an unprofessional or irrelevant brand, this could make a negative/wrong first impression.

Think again of the job interview. You probably don’t even get the interview without a well-branded résumé. Résumés that look do-ityourself, have poor messaging, and/ or have grammatical errors or typos usually get put at the bottom of the pile.

6. Your place of business also influences the first impression. Back in my Corporate America days, I went to an interview at the corporate offices of a retailer. The corporate offices were above one of their store locations. Driving up I noticed the building was poorly painted, lights were out on the outdoor marquee sign, banners were falling and the parking lot was filled with debris and potholes. Additionally, there were two different banners for help wanted. Nothing changed as I walked into the building—ripped carpet, unfinished offices, the store was dirty and disorganized, the list goes on. When offered the job, I turned it down, as my first impressions were damaged.

There are many other ways you, your company or your place of business can make good first impressions. Starting with these basics will greatly improve the marketing of your business.

Back to top

Good Word of Mouth Advertising Continued

I had several people tell me how much they enjoyed the word of mouth advertising tips in last month’s article. So I decided I would continue with more on the subject this month.

If you missed the article last month, go to: http://www. creativexchangemarketing.com/ newsletters/Feb2008.aspx

People who read the article asked me two questions: What really are the effects of bad word of mouth advertising? And, what is the biggest cause of bad word of mouth advertising? The biggest cause of bad word of mouth advertising is poor customer service and poor quality work.

To answer what the effects are, here are some staggering statistics:

A recent study done indicated that there were several reasons why customers did not turn into repeat customers. 1% died, 3% moved, 5% were friendships, 9% went to the competition, 14% had product dissatisfaction and 68% cited an attitude of indifference by employees.

Another survey indicated that 96% of unhappy customers never let you know that they are unhappy.

  • 4% will call you
  • 52% don’t tell anyone, they just go away
  • 44% will tell someone else, but they won’t tell you. 13% of these customers will tell 20 or more people and the average person tells 10 other people.

If only 4% of unhappy customers complain, then shouldn't we treat them like gold? Don’t hurry them off the phone, make excuses or get defensive. Hear them out and address their concerns.

There are 96% who won't tell us how we are doing. We should welcome complaints and thank our customers for complaining.

Make sure you have a plan to follow up with your customers and seek out any dissatisfaction so you can fix it.

Another well-know statistic out there says that it is 6-7 times more expensive to gain a new customer than it is to retain an existing one.

Companies who consistently deliver exceptional customer service can often times spend half the money in marketing and have twice the profitability as a company who does not.

Many people do not complain because they think it will not do any good, they will get the run around, or they just are not the type to openly complain.

People who do complain about a problem are more likely to do business with you than those who do not voice their complaints.

All these statistics clearly indicate we must do everything we can to provide exceptional customer service and quality work all the time.

Reap the reward of good word of mouth advertising and watch referrals and business grow.

Statistic sources: Bain & Co. study in the Harvard Business Review, Richard S. Gallagher, author: Delivering Legendary Customer Service: Seven Steps to Success and North Dakota State University.

Back to top

Great Networking Events to Attend

Meet fellow professionals and make new connections

Networking events are a great way to market your business by making connections with other business owners and multiplying your contacts.

Here are some great networking events to attend this month:

EBOS: (Entrepreneurial Business Owners Society) Orientation and Networking.

  • When: Thursday, March. 20, 5:30 to 7 p.m.
  • Where: Belmar offices at 355 S. Teller St., Lakewood
  • Cost: No charge for this event
  • RSVP: to Beth Boen, 303-981-1541 or beth.boen@creativexchangemarketing.com

Learn how EBOS can help advance your business. Visit: www.ebos-usa.com for more information on how EBOS works.

Colorado Business Leads Downtown Denver B2B Chapter is seeking guests to visit in the following categories and consider joining as potential new members: Commercial Realtor, Commercial Mover, Commercial Mortgage Broker, Corporate Trainer, Business Broker . This powerful B2B group passes qualified leads and has great power partnerships. First time guests are free and receive breakfast.

  • When: 1st three Friday’s of every month, from 8 a.m.—9:15 a.m.
  • Where: Dixon’s Downtown Grill on the corner of 16th & Wazee
  • RSVP:  to Beth Boen,  303.981.1541 or beth.boen@creativexchangemarketing.com

Back to top