Business Services Industry
In the spotlight
Entrepreneur, Dec, 2003 by Gwen Moran
Choosing a featured product for your advertising isn't as easy as picking a pretty picture. Greg Jones, vice president of marketing at Nova Marketing, a retail promotion agency in Quincy, Massachusetts, says that smart retailers first look at trends, previous success stories and current inventory.
Jones believes every business should create an identifiable look for its advertising (think Target's bull's-eye pattern). That way, even if yon have to use the manufacturer's plain-vanilla product photos, you'll still stand out. Jones also says:
* Be original. Feature products that are not available from the competition or from large chain stores.
* Test yourself. Test different products when your advertising budget allows. If one approach is not working, try another.
* Take stock. Be sure you have enough of the featured product on hand to satisfy demand. "You need to be sure that you can deliver what you promise in your advertising," says Jones.
When a discount menswear store opened across the street from upscale retailer Braddock's in Eatontown, New Jersey, partner Steven Brudner, 45, used strategic product placement as damage control. By creating a billboard campaign that featured lower-end suits, he cultivated a new customer base before the competition's grand opening.
Brudner was pleased with the stealth product placement: "We sold more lower-end suits, and they didn't open up with such a bang."
Most Recent Business Articles
- How do I determine my retainer fee?
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo galleryplus sign up today for spring 2009 to save $100.00
- Speak to a full-time practicing CLNC® consultant
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior
Most Popular Business Publications
Content provided in partnership with http://findarticles.com/source//

