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MARKETING FOR THE NEW MILLENNIUM
by Susanna K. Hutcheson
Just a couple short years ago marketing was quite predictable.
You knew if you sent out so many sales letters, you would get so
many responses out of which you would get so many sales.
Of course, if you were doing Internet marketing you couldn't
count on knowing what form of marketing would produce what form
of results, much less the number of responses from any particular
type of marketing.
But even with Internet marketing, after a while, you could begin
to see what worked and what didn't.
But then more and more people came online. More consumers and
more businesses. Many traditional brick and mortar businesses
came online. They learned skills from those of us who proceeded
them.
Before we knew it, competition was so keen that our once rapidly
growing bank accounts began to decrease and we didn't know why.
But it was competition that was causing the distress.
We had to hurry to find new ways to keep our place. Some of us
couldn't keep up and were dropped of the boards. And I'm not
talking just about entrepreneurs. I'm talking about major
corporations too. There were no rules and, even if there were, no
one knew them or lived by them.
Where are we now?
We're at the beginning of a new century in a new medium. Some of
us have one foot in the brick and mortar business paradigm.
Others are fully entrenched in the Internet lifestyle and yet
others have not even thought of moving to the Internet.
The latter will be history before the new millennium is out of
it's infancy.
Marketing is the key to success in any business. But keep in mind
that what has worked for you for years will not work at all soon
if it works at all now! You can no longer depend on the old ways
of marketing.
You will have to combine interruption marketing with permission
marketing. You will have to have a very good Web site and drive
traffic to that site from which you will sell your services or
products.
You will have to move at the speed of light and be able to change
prices on the fly. In fact, you will have to do everything on the
fly.
People want what they buy now. Not later. Quickness is the key to
success on the net. That and offering what people want or need or
both. But you also have to fight hundreds of competitors who
offer the same thing. Perhaps they as good or maybe even better.
And even if they're not as good, they can still out-market you.
They can still get your customers and clients!
Clients don't necessarily want the best. They don't necessarily
want the guy or gal who can handcraft the most beautiful piece of
furniture out of the finest wood. What they "do" want is
something that will do the job and they want it right now.
Of course there are exceptions to that rule. But don't think that
because you have a better mousetrap people will flock to your
door. They have to "know" you have a mousetrap first. And if they
don't know it, they'll buy from the guy who lets them know about
his mousetrap even if it's not as good as yours!
Apple Computer had a better operating system. But Microsoft had
the hunger to dominate and the willingness to go for the juggler.
They didn't have the best product. But it was good enough. They
knew how to market themselves and so they ate up the competition.
Intuit sells more financial software than anyone else. Their
products have bugs. They aren't perfect at all. But they're good
enough.
I buy a car based on whether it will get me safely and in some
manner of comfort from point A to point B. It doesn't have to be
the best car made. It simply has to be good enough. I know not
everyone is like that. So, as I said, there are exceptions.
This article doesn't have to be the best article in all the
Friday newsletters. It doesn't have to be the best written or
even have the most exciting topic. While I love great writing and
I'd love to write pros that leave people spellbound,
I don't have the time to do that.
What this article "does" have to do, however, is to interest you
enough (there's that word again --- enough) to read it from
beginning to end. Why? Two reasons.
(1) You won't get the entire message and what it means in your
business if you don't read it all and
(2) If *you* read the entire article, you'll know that if I ever
write something for you, your prospective clients will read
everything I write on "your" behalf!
Of course, if I have a client who pays me $40,000 to write a
sales letter as one client did, they pretty much expect and I
certainly give, the very best. Obviously that client will make
millions from that single letter.
Then there's the person who thinks that $1000 or $2000 is too
much to pay for a letter that will make them many times that
much. So that person wants a writer who is "just good enough".
So what does all this mean to you? It means that you need to stop
thinking in the old paradigm. Throw away those old dusty
books from the previous age. They served you then. They will
serve you no longer.
A generation in Internet time is from 18 months to 3 years. Plan
your marketing in 18 month chunks. But you are not married to
your plan. Be ready to ditch it if it doesn't work quickly. Be
prepared to do something else.
Because certain marketing does not work does not mean it's bad
marketing. It simply means that it isn't working for you at this
time and in this place.
Keep trying different methods. When you find something that
works, use it for all it's worth. When it no longer serves you
(and that will happen) go to your next plan.
From this point on, marketing will not be a game for the faint of
heart or people with weak stomachs. It will take brains and brawn
and skills many of us have yet to use. It will take the killer
instinct and lots of intelligence on our competitors. We have to
constantly watch our back and, at the same time, know what's up
ahead!
You need to arm yourself with all the knowledge you can absorb.
You need to get the assistance of all the professionals you can
afford who can help you achieve your goals. No one person can do
it alone in this market. Not a large corporation. Not a small
business. No one. We all need alliances. We need to out-source
what we can no longer do and do extremely well alone.
The new millennium will be exciting. It will be rewarding to
those who succeed. But it will also kill off many businesses.
Rapidly and without thought or care.
You needn't be one of them. Begin now to plan to win. Because if
you do, the rewards will be greater than those from any other
time in history!
Susanna K. Hutcheson is a professional advertising and direct mail copywriter. She was the first copywriter to utilize the Internet as a place to market this type of service. Susanna has clients all over the world. She writes everything from Web site content to direct mail and radio spots. Visit her Web site at http://www.powerwriting.com. Her email address is powerwriter@powerwriting.com.
Telephone: 316-665-7626.
© Copyright 2006 by Susanna K. Hutcheson and Power Communications LLC. Any
republication in any manner is prohibited without the consent of
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