Marketing

Work Smarter, Not Harder

Posted in Marketing, sales, Small Business Advice, Uncategorized on January 29th, 2009 by Tracie Gilbert – Be the first to comment

You start the day with a positive attitude, but by the end of the day, you find yourself frustrated and that little distractions have kept you from accomplishing your goals. Often we are own worst enemies, interrupting ourselves by jumping from one half-finished task to another as they come in. See below for a couple of tips to help organize your days:

  • Create a productive atmosphere. Spend a lot of time at your desk? Improve your productivity by creating a work space that is inviting and inspires you. Art, plants and music as well as organizational tools such as file sorters, letter trays, etc. can all help to keep you alert, organized and focused.
  • Be adaptive. The work place is changing and employees are being asked to do more and more. Take a hard look periodically at how you spend your time and purge tasks that are no longer necessary in order to stay on top of the things that are.
  • Be decisive. Stop doing “the desktop shuffle” – try to take the next action that’s required each time you handle a piece of paper. Use your letter tray to help clear your desk. Don’t save paper that you’re not willing to spend time to file. If you avoid filing things because you’re afraid you’ll forget to follow up, write a reminder in your planner or computer. Then file or trash. You’ll save a lot of time looking for the document in your ‘piles’ later if you take a few seconds to file it now.
  • You have a scheduler, use it. Schedule in time so that you can work on that important project. During that time, focus. Don’t answer email, don’t answer your phone. Then schedule 2-3 times throughout the day where you can answer emails as well as return calls. This should help you stay intent on your project minimizing time costing errors as well as maximizing the amount you get done. Not to mention the potential for good ideas that your full attention gives.
  • Create a ‘To Do’ list at COB. Write down all the items that you want to achieve the next day. Then prioritize them. Don’t set yourself up for failure by putting too much on your list. This will also help to motivate you to get done those items that you repeatedly put off day after day or to recognize them as a task to purge.
  • Beware burnout. Schedule in personal time and vacation. If you get burnt out or frazzled from working too much, you won’t be of much benefit to your company, your family or your customers. It is better for you to leave at 6 on Wed and to be productive on Thurs/Fri, rather than to stay late and get nothing done the next 2 days as you are too worn out to concentrate on anything, or worse, to do things wrong and have to spend even more time fixing them.

People cannot work 24/7 and still be effective and companies are beginning to realize this. If you find ways to work smarter and not harder, you will be able to figure out how to balance your work and personal life so that neither suffers and you remain a valuable employee in these challenging times.

“The only reason for time is so that everything doesn’t happen at once.” Albert Einstein

2008 Holiday Sales Are the Weakest on Record

Posted in Industry Trends on January 16th, 2009 by admin – Be the first to comment
Globe St. -NEW YORK CITY
Maybe Christmas stockings were filled with aspirin this year: drug stores reported a 3.4% comp store sales gain in December, even as the industry posted a 1.7% comp store decline, says the International Council of Shopping Centers Chain Store Sales Index. Excluding Wal-Mart’s slight 1.7% gain, the overall index posted a 4.3% comp decline.

The Truth About Sampling to Minorities

Posted in Top 5 Tips on January 16th, 2009 by admin – Be the first to comment

Targeting ethnic markets can be very profitable. According to the Census Bureau, over the next 20 years the number of African-Americans will increase 25%, Asian-Americans 68%, and Hispanic-Americans 64% while the mainstream market will increase by only 13%. But the same marketing tactics that you’ve always used might not be the optimal way to promote sales to minorities. Here are 5 truths about marketing to minorities that will ensure a higher return on your investment.

Myth 1: Direct mail and captured credit card data are the most effective way to reach ethnic customers.
Truth: It’s better to make a connection at the establishments ethnic customers frequent. Don’t make the common mistake of marketing on the basis of an offensive stereotype. Research first, then make an authentic message.

Myth 2: We made our product visible to our target market, we’re done!
Truth: Don’t stop halfway. Personalize your efforts by using representatives from the target ethnic group for your campaign. And make sure you have a message for each ethnic market you are trying to appeal to.

Myth 3: Giving away my product for free is profit-limiting.
Truth: Samples can increase retail sales by up to 40% and create a buzz about your product – but it is important to do your sampling in the right places and get that sample in the hands of the right customer.

Myth 4: Our ethnic customers can receive our samples through our existing programs.
Truth: Only 5% of African-American and Hispanic consumers receive samples through mainstream traditional programs. Try something different, such as an ethnic festival or event.

Myth 5: It is too difficult for a company to do different campaigns for each type of ethnic market.
Truth: CosPro Agency can help! We have a variety of ethnic marketing programs that reach your target demographic WHERE they are. For example, our Hispanic Sampling program sends our Hispanic models to events where Hispanic people are – local festivals and conventions. We handle everything from conception to execution and your company reaps the benefits.