Marketing

New Year, New Business

Posted in Marketing, Small Business Advice, Uncategorized on January 29th, 2010 by Tracie Gilbert – Comments Off on New Year, New Business

Happy New Year everyone! To celebrate the new year, let’s briefly discuss the eternal search to get NEW clients. There are tons of different methods to approach new customers, but we are going to explore just 4 of the most impactful.

Cold Calling – While not the favorite method of reaching new clients, it can still be wildly successful if done correctly. Research your prospects and their industry – first to make sure that you are contacting someone that would benefit from your services and secondly so that you can prep before your call to outline how you can help them. Prep an opening statement customized to that prospect to catch their attention. Loosely script your call to help you keep it brief and to stay on subject. By talking to the right people about problems/issues specific to their industry that you can help with, you increase exponentially your chance of success with a cold call.

Word of Mouth – Everyone knows that a dissatisfied customer will talk to many more people than a satisfied customer, hence the hyper focus on customer service, right? But good customer service can only reduce your chances of negative word of mouth. How do you actually generate positive word of mouth? Believe it or not, there are a couple of different ways. Get active in your community, professional networking groups and professional associations (see below). Develop a referral network – determine what professions work to complement your services and develop relationships with them. Think of wedding services – florist, photographer, caterer, travel agent – each networks and refers each other so that a referral for one is a referral for all. Finally, make it easy to refer you – whether sending an email, business cards, brochures, etc with your invoice – make it easy for people to pass on your contact information.

Networking – Most people have a wide variety of networks already in place that they fail to take advantage of, such as Alumni Associations, Special Interest Groups, Volunteer Organizations, etc; there are a variety of people within these groups that may have need of your products/services. Don’t be afraid to bring up your business in these groups, even if it is just in your introduction to someone new and giving them a business card. People are much more likely to go to someone that they have met before and shares some life aspect with them, than to risk going to a company that they do not know. Most important to remember when networking is to be sincere, relaxed and to follow up – so if you promised to email an article to someone next to you on a plane, do it. Networking is about building your trust and credibility, NOT about smoozing everyone you meet.

Current Customers – The quickest, most cost-effective way to increase sales volume is to sell additional products/services to your existing customer base. Compare your current service/products offers to those of your competitors. Add complementary services/products. Expand the range of your service/product line. Offer volume discounts, special offers or package deals to up-sell orders. Be a 1 stop shop for your customers as much as possible. Your customers will thank you for saving them time and making them look good. When they do, GET REFERRALS!

Doing these 4 things should help you to reach new customers immediately, but again, there are a million different ways to expand your customer base.  If you have a great tip, feel free to sound off below!

“You can get everything in life you want if you will just help enough other people get what they want.” — Zig Ziglar

This article was written by Tracie Gilbert, VP of Business Development at Cosmetic Promotions. For more information on Cosmetic Promotions, please check out their website www.cosproagency.com or contact Tracie direct at Tracie@cosmeticpromotions.com.

Rite Aid Glam Camp Miss Teen Pageant

Posted in Marketing, Sampling, Uncategorized on December 8th, 2009 by Kristin Bocox – Comments Off on Rite Aid Glam Camp Miss Teen Pageant

The RITE AID Glam Camp program delivers fun and exciting product samples straight into the hands of teens at local community events throughout the nation. The program, in its 3rd year, is completely facilitated by Cosmetic Promotions Inc (CPI) – a national marketing and promotional company that specializes in promoting beauty products for mass retailers and vendors.

On November 28th through the 30th, Cosmetic Promotions handed out Teen bags on behalf of Rite Aid at the Miss Teen PA USA Pageant. The pageant took place at the Hyatt Regency in Pittsburgh, PA with an attendance of 2,000 each evening. Girls ages 14 to 26 from across Pennsylvania participated in the swimsuit, evening gown and interview competition. The girls who win this pageant will go on to compete for Miss Teen USA.

The bags were filled with products and coupons geared towards the teen market. There were 1,000 bags handed out and the girls commented “I love this lip gloss!” , “Do we get to keep the bags?” , “This is great!”, “Oh, I needed that!”. The coordinator also commented, “Once again the bags were a success” and they are looking forward to sampling with us again next year. The Miss PA Teen and Miss USA pageant welcome the Glam Camp Bags and put in a request for them every year.

Good Things Come To Those…

Posted in Marketing, sales, Small Business Advice on November 3rd, 2009 by Tracie Gilbert – Comments Off on Good Things Come To Those…

Patience is not often lauded as a virtue in the sales world. Usually the focus is on creating urgency, moving forward and closing deals. Some may even mistake patience as a form of procrastination, however, sales professionals who dismiss patience are overlooking a powerful and little utilized tool. Any successful sales person will be very familiar that building a good sales relationship takes time and persistence.

Now, persistence does not mean calling the prospect each week to see if they are ready to sign yet – you do not want to be a pest. Persistence simply means staying in touch with prospects in a way that builds the relationship and positions you as a valuable resource and trusted advisor.

The Rule of 7 is a fairly well known marketing concept which says: a prospect needs to see, hear, or otherwise be exposed to a message at least seven times before they respond in some way, shape or form. In other words, if you don’t have a contact strategy that touches the prospect at least seven times, you significantly reduce your odds of sales success. Optimally, you should be using a mix of vehicles for those 7 touches from emails, articles, webinars, phone calls and direct mail campaigns in order to reach your contact and get that first interview and begin building a relationship. Try to provide value in each communication in order to gradually move them closer to seeing you as the expert they can go to when needed.

Patience should be utilized in all aspects of your sales relationship. From prospecting to sales calls, to negotiating, to purchases, in this current economy customers have smaller budgets that they are being asked to do more with and are therefore taking longer to make sure they make the correct decisions, consider all their options and get the most bang for their buck. As a sales person, you need to make sure that you have the patience to follow up with them until they have time to talk, listen attentively to all of their problems/concerns and take the time to go through each with them.

Patience shows the customer that you care and that you are willing to take your time with them to make them happy. Customers love to feel that they are special, because they are. The more attention that you give to a customer, the more that they will feel that they are buying a product from a genuine and loyal person who wants to help them make a smart buying decision.

Selling is tough. Just remember that what we do is difficult and the relationships essential to success are not forged overnight. It takes time to build trust and credibility and prospects are going to engage you when they are ready. You can’t force them into meeting with you or buying from you. You need to have patience to guide them along the decision-making process and persistence to not give up. Sooner or later the prospect that took you 10 months just to get a meeting and another year to close could mean tons of repeat income to your firm.

“The two most powerful warriors are patience and time.”  Leo Nikolaevich Tolstoy

“He that can have Patience, can have what he will.” Benjamin Franklin

This article was written by Tracie Gilbert, VP of Business Development at Cosmetic Promotions. For more information on Cosmetic Promotions, please check out their website www.cosproagency.com or contact Tracie direct at Tracie@cosmeticpromotions.com.

Be An Expert

Posted in Marketing, sales, Small Business Advice, Uncategorized on September 22nd, 2009 by Tracie Gilbert – 1 Comment

It is important to a customer that they feel you are knowledgeable about your product, your competition and their problem. Following are a few tips to becoming an expert:

SEEK KNOWLEDGE – To become an expert in your field, you need to seek knowledge at every opportunity. Talk to people in your industry who have experience. Research and read everything you can on your specific field – the internet makes this almost too easy these days. Become an expert on trends in your industry. Learn about technology that is changing business processes.

KNOWLEDGE GAPS – As much as you can become an expert in your field, you cannot know everything. If you do know everything – congrats, you can stop reading here. However if like the rest of us, you run into a question that you do not know the answer to, admit it. Promise to find the answer and get it to them shortly. Do NOT make up an answer or not answer at all. The customer needs to trust that you know what you are talking about and if you fib or prevaricate, then you run the risk of losing that trust.

KNOW YOUR LIMITS – It is always better to under-promise and over-deliver than the other way around. Some sales people think that their product/service can fix everything under the sun and then some, which is just not possible. Know your product, know your customer and determine their problem. Figure out if your product/service is a good fit for their issue. This can mean the difference between a repeat customer and years of partnership or one-time only sales and negative word of mouth.

KNOW YOUR DIFFERENCE – How is your product set apart from others on the basis of superior performance in one or more areas? Your ability to differentiate your product or service probably is one of the most important factors in the customer’s decision. Why should they use you instead of their current provider? Know your competition and their benefits as well as their downfalls.

KNOW YOUR CUSTOMER – Know your customers most common problems. When are they most likely to happen? What are the causes? What can be done to solve them? Make yourself valuable to them by becoming their problem solver for a specific set of issues and making their job easier.

Helping your customer by being their own personal expert in that field will help you to create repeat business and increased sales. If you are satisfied with where you are or think that you have nothing else to learn…well, you probably wouldn’t be reading this, would you? Instead, seek to be the best, strive for knowledge and try to become an expert in your own little corner of the world.

“Never become so much of an expert that you stop gaining expertise. View life as a continuous learning experience.”  Denis Waitley

This article was written by Tracie Gilbert, VP of Business Development at Cosmetic Promotions. For more information on Cosmetic Promotions, please check out their website www.cosproagency.com or contact Tracie direct at Tracie@cosmeticpromotions.com.

Why use an open ended question?

Posted in Marketing, sales, Small Business Advice, Uncategorized on August 25th, 2009 by Tracie Gilbert – Comments Off on Why use an open ended question?

Now that you have brushed up on your Listening Skills, let’s explore how to get your customers talking. Usually the easiest way to do this is to ask an open ended question.

Open ended questions simply refer to questions that can’t be answered with a single word such as yes or no. Open ended questions inspire long answers, rather than just one or two words. In a sales setting, an open-ended question, rather than close-ended questions, can be especially beneficial.

Let’s examine a common sales mistake, you are calling a customer and trying to find out what feature(s) of your product will work best for them. Quite a few out there unfortunately have the bad habit of going through each feature individually and then asking the customer, “Does that sound good to you?” In this instance, they are doing most of the talking (instead of listening to what the customer needs), have wasted time that the customer may not have (resulting in irritation or abruptness) AND have now given the customer the option of saying “NO” (an unforgivable offense).

So what does a smart sales person that knows how to listen and is a problem solver, do instead?

A good start would be to ask the customer an open ended question. “What are you looking for in this product?” This allows you to find out what matters most to them and tailor your presentation to highlight only the features that matter to them. If your product matches or exceeds their every desire or fixes a specific problem they mentioned, then the customer is going to have a much harder time finding a reason to say no and instead has been given every reason to say “Yes!”

Everyone in this current economy is busier than ever and by eliminating the items in your pitch that do not matter at all to the customer and showing that you care about their problems and would like to help them solve them, you will be more successful in your sales attempts and thus, more successful in your business.

Now, the question is, what are you going to go do with this knowledge?

This article was written by Tracie Gilbert, VP of Business Development at Cosmetic Promotions. For more information on Cosmetic Promotions, please check out their website www.cosproagency.com or contact Tracie direct at Tracie@cosmeticpromotions.com.

NEW! Customer Survey on In-store Beauty Demonstrations

Posted in Demonstrations, Industry Trends, Marketing, Recent Events, sales, Sampling on April 20th, 2009 by Joann Tyson – Comments Off on NEW! Customer Survey on In-store Beauty Demonstrations

press-release-1Cosmetic Promotions, a National marketing and promotion company, completed a 6 month customer response survey on in-store demonstrations. The survey was conducted during several events in various retailers between 4th Quarter 2008 and 1st quarter 2009.

Of the almost 3000 people surveyed,

  • 60% had never tried any of the products demonstrated before
  • 35% intended to purchase immediately based on the demonstration, another 56% intended to purchase later (less than 9% had no purchase intent)
  • 96% would like more of the same event at that store

The age group breakdown was as follows:

  • 25% – under 25
  • 44% – 25-50
  • 31% – over 50

press-release-2The events are usually conducted by a professional makeup artist and features brands such as Cover Girl, Wet n Wild and Neutrogena in mass drug, food or merchandiser stores.  Markwins Company hired Cosmetic Promotions to do over 500 in-store events during this period on their Wet n Wild and Black Radiance brands and to introduce their new Beauty Benefits Brand. At a recent Beauty Benefits event, sales average 3 pieces per hour with a closure rate of 150%. The closure rate is figured by dividing the number of sales by the number of makeovers performed. 82% if the customers had never tried or heard of the brand prior to the event and the company is happy with the results.

At a recent Neutrogena Cosmetic event held in Meijer’s stores, sales were almost 6 pieces per hour with a 277% closure rate. Of the 67% who had never tried Neutrogena, more than 2/3rds made a purchase during the event.

To further encourage customers to stop and participate, these events usually include a drawing for a Beauty Basket. Customers can also opt in to be notified of future events by checking that box on the entry forms, so these events also provide a valuable mailing list for the customer. In addition, the makeup artists take time to train the store associates on the brands so sales continue even after the event is over.

For more information on how you can benefit from such an event, contact Kristin Bocox with the CosPro Agency at 877-326-7776 or kristin@cosmeticpromotions.com.

Listen Up!

Posted in Marketing, sales, Small Business Advice, Uncategorized on April 1st, 2009 by Tracie Gilbert – 2 Comments

Listening may seem like the easiest part of the sales call, however, this is the part where most sales people go wrong. Customers do not have the time or the patience these days to listen to sales pitch monologues blindly listing ALL of the benefits of a product or service. Instead, they are seeking solutions to problems they may have. It is up to you to get a conversation flowing, LISTEN to what they need, THEN to tell them how your product or service fills that need.

It’s been proven that people think faster than they listen. While a customer is talking at an average rate of 125 words a minute, the average salesperson is thinking at a much faster rate. Often we are thinking about what we will say and can miss completely what the customer is actually telling us. A sale can be easily lost if you miss a key point. Listening rather than talking in a sales situation is easier said than done though. Some people are born listeners; unfortunately, most of us are not. However, with some practice and patience, you can improve your listening skills:

•  Listening does not mean that you avoid talking at all in the conversation. Rather, it means that you take the time to absorb and understand what your customer is saying before you respond. This is how you discover the problem(s) so that you can provide a solution.

•  Questions are a vital part of listening. Don’t interrupt unnecessarily, but always ask questions to clarify things that you don’t understand completely. Again, successful sales are based on determining what a customer needs and providing solutions to these needs. Always focus your questions on moving toward a greater understanding of your customer’s needs.

•  Never interrupt the customer, even if you feel you already know what they are going to say. Most people like to talk about themselves or their company, so give customers a chance to fully express themselves. You never know – they might surprise you and say something different than you thought. Also, they should be more likely to listen to what you have to say if let them have their say first.

•  Be ready to take notes when important information comes up. There is too much information on a case by case basis to try and remember it all. Don’t be afraid to refer to these notes as the conversation continues. Accuracy and attention to detail is always appreciated and will give your customer confidence in your fulfilling their order correctly.

•  Pay attention to facial expressions and body language. If on the phone, listen closely to the tone of voice. Many times people say one thing, but are thinking another. Becoming an expert on non-verbal cues can help you to determine where to probe and where to pull back.

•  Be sincere. Just like you can learn to tell what people are saying non-verbally when you really listen, so too can those same attributes come across in your voice or expression. Be sincere when you are listening to customers and trying to help them solve their problems.

•  Periodically, restate the major points communicated by the customer. Rephrasing or summarizing what has been discussed shows that you’re listening and it also helps to make sure that you are interpreting correctly what the customer is saying.

•  Know your responses to common objections beforehand. This will allow you to listen more effectively as you will not be trying to mentally compose your response while the customer is still talking and possibly miss something important.

•  Finally, FOCUS. Do not do email, IM, or internet surfing while on the phone. Do not mentally compile lists of things to do on the way home, other calls to make or think about how behind you are while in a meeting. Many of us have more to do with less people to do it, but while with a customer – give them your full attention and they will return the courtesy.

Today’s successful salesperson is ultimately an effective problem solver. Practice your listening skills and you will quickly realize that as you strive to help your customers, you will be helping yourself and your sales as well.

This article was written by Tracie Gilbert, VP of Business Development at Cosmetic Promotions. For more information on Cosmetic Promotions, please check out their website www.cosproagency.com or contact Tracie direct at Tracie@cosmeticpromotions.com.

Delivering Samples into the Hands of Teens

Posted in Marketing, Recent Events, Sampling on March 20th, 2009 by Kristin Bocox – Comments Off on Delivering Samples into the Hands of Teens

The RITE AID Glam Camp program delivers fun and exciting product samples straight into teens hands at local community events throughout the nation. The program is co-ordinated and executed by Cosmetic Promotions, Inc – a Florida based company that handles programs for major drug chains and retailers nationwide. They provide makeup artists and models via their CosPro Agency as well.

WPST radio station in New Jersey hosted a “Prom and Sweet 16 Expo” on March 22nd and offered their listeners a chance to win a complete prom package for 5 couples including limousine, dresses, tuxedos, make-up and spa services. It was held at the Hilton Garden Inn inHamilton, NJ. and CosPro Agency models were on hand to distribute FREE Glam Camp Sampling bags courtesy of RITE AID to the first 500 attendees who arrived at the event.

The FREE Glam Camp Bag is filled with over $25 of great beauty products and coupons! TheGlam Camp bags are also a gift themselves as they are a pink and black small duffel bag with a hip logo that can be re-used for school, events, or hobbies.

For more information on the Glam Camp Program or other targeted sampling programs, please contact Joann Tyson (joann@cosmeticpromotions.com)  or Kristin Bocox (kristin@cosmeticpromotions.com)  or by calling 888-644-9916.

Glam Camp Teen Sampling

Posted in Marketing, Sampling on March 10th, 2009 by Kristin Bocox – Comments Off on Glam Camp Teen Sampling

The RITE AID Glam Camp program delivers fun and exciting product samples straight into teens hands at local community events throughout the nation. Check out one of the wonderful events we attended below:

Rite Aid Glam Camp and CosPro Agency are proud to be involved in this year’s Mardi Gras Cheer & Dance Nationals event in the Hershey Park Arena, Hershey, PA. Teen girls from Pennsylvania, New York and Ohio come to compete in one of the largest cheerleading competitions in the East. We participated in this event last year, and the competitors loved the gift bags so much, Mardi Gras Spirit contacted us this year and said, “We want you back!” .

Mardi Gras Cheer and Dance events are fun, friendly, fair, and an unforgettable experience for the competitors. The Awards Ceremony is done “Party Gras” Style, complete with a parade and Mardi Gras beads for everyone. Cheer teams competed on Saturday, March 14th, and dance teams on Sunday, March 15th.

Rite Aid Glam Camp is an exciting promotion targeted towards 14-19 year old teenage girls. The first 1,000 girls will receive complimentary Glam Camp Bags filled with over $25 of beauty products and coupons, encouraging them to purchase all their cosmetic and personal items at Rite Aid. The Glam Camp bags are a gift themselves as they are a pink and black small duffle bag with a hip logo that girls can re-use for school, events, or hobbies.

N2 Greek Fashion Show – BTRW

Posted in Industry Trends, Marketing, Recent Events, Sampling on March 10th, 2009 by Kristin Bocox – Comments Off on N2 Greek Fashion Show – BTRW

The RITE AID Beauty The RITE Way Sampling program delivers fun and exciting product samples straight into consumers hands at local African American community events throughout the nation. Check out one of the wonderful events we attended below:

To commemorate the enormous impact that historically black fraternities and sororities have had on African American history, our present conditions, and our future, N2 Greek hosted a large scale fashion show and Party Stroll competition at the Carson Community center in Los Angeles, CA on February 22, 2009. We were onsite to hand out great sample bags as members from each of the nine organizations participated in a fashion show that displayed the current trends in the black community and Greek letter apparel worn by the sororities. The evening ended with a “Party Stroll” competition with members of each sorority coming together to display their pride in their organization through a combination of dance and traditional stepping.

With over 200 local chapters of the nine organizations in the Southern California region, the event reached thousands of college educated, professional individuals, who are members of one of the nine organizations and their families. The organizers of the event ran a great show. Overall, the crowd loved the gift bags and everyone was very grateful. We were even lucky enough to congratulate a $100 Rite Aid gift card winner!