Showing posts with label jewelry business. Show all posts
Showing posts with label jewelry business. Show all posts

Thursday, August 21, 2008

Back To Marketing

Guerrilla Marketing



Sounds kinda scary, but not really. This term Guerrilla Marketing was originally meant as an unconventional way of marketing on a low budget, by relying on time, energy and imagination instead of big, expensive, mass marketing campaigns. The term has since entered vocabulary to also describe aggressive, unconventional marketing methods generically and to some people makes it sound some what scary because of that.



In order to get a better idea of this type of marketing there are some main principles used
  • Guerrilla marketing is geared towards small businesses and because of this it relies on gination instead of money.
  • this type of marketing is concentrated on more connections and referrals rather than being in competition with other businesses it focuses on working with them.
  • Guerrilla marketing encourages using other marketing methods in conjunction for a marketing campaign.
  • make use of current technology and human psychology

Guerrilla marketing is nothing to be scared of in fact as a small businesses on a low budget it is probably already incorporated into your marketing plan without you even realizing it.

here are some tactics that you may already be using or should think about using

  • Get involved with your community. Attend functions tell everyone you know about your business.
  • Donate a percentage of sales or items to a charity and then let the media know
  • Joint Marketing with other business
  • Write a tutorial or hold classes
  • Mail Postcards to past customers offering a discount
  • Hold a contest
  • Ask for referrals maybe offer discounts or free product for referrals
  • Host a home party invite all your contacts and ask them to bring friends.
  • Post a flyer on any and all bulletin boards you can
  • Add your tag line and url to all emails send funny jokes, and when someone sends a funny joke to you hit reply to all and let them know you thought it was funny!
  • Join social networking sites on and offline. Join forums where your target market would most likely be.
  • Window decals for your home and car

These are just a handful of ideas some that you are probably already implementing. A good idea to come up with your own guerrilla marketing plan is to sit down and brainstorm. Think about who your target market is, and where they are think of ways you can make your business stand out and be remembered. The more memorable the better you are only limited to your imagination that is one of the great aspects of this type of marketing.

Sunday, August 17, 2008

Google Base!


Do you want your products to show up in the search engines? Well that was really a rhetorical question, I'm sure you want people to find your wonderful items. Google Base allows you to upload your information either by using a file or by submitting one item at a time. While this may sound time consuming there is some great news for people selling on etsy, it's called letsets just go to this site type in either your username or id and voila it brings up your items which you can then save to your computer to quickly upload in google base. I want to say a big thanks to letsets creator!

Wednesday, June 25, 2008

Who Is Your Target Market?

Marketing can be as simple as you make it or as complex as you want to make it. I am trying to put things a little simpler but in doing so I think I have over looked an important step here and I am going to back track some here.

Taking the time to find your target market is a really important step to make sure you are using your marketing resources to their fullest potential. Your target market simply put are the people who are most likely to buy your product.

When trying to determine your target market it is important especially for small business with a low start up fund to narrow down their market as much as possible as your business grows than you can broaden your target market. Time to get out your pen paper remember the more specific and narrow you get the better your marketing efforts will be, and not all of these questions will apply to you, and if you have more things you can do it.

Here goes:
1. Gender male or female? You may have both but use the higher percentage here
2. Age? What is the age group of the people most likely to buy from you try to stay within a 20 year limit here.
3.Geographical location
4. What types of position if the workforce do they hold?
5. Salaries what is the approximate salary of your customer base?
6. Lifestyles ie are they people who would be likely to use a computer? Are they fast paced type people, do they have children and if so what does that say about their lifestyle etc as much as you can think of here as this may end up giving you some ideas about where you should market to these people.

These should get you started tomorrow I will discuss some market research questions to ask yourself.

Wednesday, June 11, 2008

Marketing Made Easier







Marketing can be a very complex thing especially for a small business owner such as myself really I just want to make jewelry but if I want my business to succeed I have to step out of my safe bead bin. Part of that is marketing and I love sharing what I learn!
So what is marketing anyway?
basically in a nutshell marketing is EVERYTHING you do to get your product or service in the in the hands of the people who want your products. Marketing is your branding, pricing, packaging, placement, advertisement and everything you do to get your product to your customer. Sounds complicated but can be broken down to make more sense of things A good way to do this is to have a marketing plan, you can get really in depth templates for marketing plans but because I like to keep things as simple as possible I am going to layout a simple plan for you so grab a pen and paper and start answering these easy questions:

1. What is your product/service? Pretty self explanatory write a description of what product/service you offer.
2. Pricing? What is your pricing on your product are you offering expensive luxury items or rock bottom bargains. Take a look at your highest priced items and your lowest to figure a rough price point.
3. Distribution? How will you get your products to your customers. Will you sell online in stores, through affiliate programs, through catalogs, home parties etc try to go into detail like what type of stores etc.
5. Target Market? Who is your target market try to be as specific as possible for example Male between the age of 18-40 athletic, middle class+ income
6. Competition? Be realistic here I am talking direct competition I wouldn't say I was in direct competition with a famous jewelry designer when I am not even in that league
9. Strengths and Weaknesses? List your strengths over your competition as well as your weaknesses.
10. Goals? One of my favorites goals are sooo important! What are your goals from your marketing strategies? Try to make these specific and something that you will be able to measure if you are reaching your goals.
11. Budget? What is your yearly budget for your marketing tactics?
12. Tactics? What are some of the marketing tactics you plan to implement ( I will be talking more about tactics in upcoming posts)

Remember as with any plan what you write is not set in stone and can be changed as you see fit. I recommend that you look back on your marketing plan at least every 6months but some people will every few months or every year. In upcoming post I will be talking more about marketing and different marketing tactics I am by no means an expert but hopefully this information will help some.