![]() ![]() |
|
|
The MOST Expensive Mistake You Can Make
Most people who own a small business have a huge passion and talent for the product or service they provide. Some people have a business degree. Some even have MBA's or PhD's. But, most who own their own business just have a passion for what they do. So, they try to make a difference...and a profit. But, running your own business is very hard. We all hear the statistics...one in five don't make it, every third small business fails, one out of two flop and on and on and on. Plus, small business owners have to wear a lot of hats: sales person, marketing manager, accountant, janitor, customer service representative, human resource department, etc... You name it, small business owners do it. The learning curve is great. And business owners make many mistakes. Some mistakes are just part of the growing process, while other mistakes may cost only a few bucks or thousands of dollars. But one mistake I am about to describe can be the MOST expensive mistake you can make in running a small business. What's the mistake? It is the very simple, but VERY costly mistake of having your logo, stationery, brochures, web site and all other marketing materials for your small business look cheap, poorly designed, thrown together and unprofessional. Every single week, I see a multitude of small business owners who are making this very mistake. They just don't get it. They don't realize the cost of this mistake. They don't realize how much damage they are doing to their business and brand by using these unprofessional and poorly designed marketing materials. Essentially, what they are doing is creating a sub-par first impression that is burned into the mind of new prospects forever. The old adage is true...you never get a second chance to make a first impression. In running a small business, you cannot afford to look thrown together, cheap and unprofessional. Why is this mistake so costly? Simple. It's because most small businesses look alike. Most look cheap. Most look unprofessional. In an effort to "save money", most just throw their marketing materials together or hire the cheapest person they can find to design them. Because of this, they don't stand out from the crowd. They don't look like the experts they are and they don't attract clients, which is precisely why this mistake is so costly. Is this how you look? Is this what you do? Is this what you have done? If you have, you have made a HUGE mistake. You must stand out from the crowd. You must be different. You must look different. You must show the world that you care enough to invest in professionally designed marketing materials. If you don't stand out, if you don't look professional, if you look cheap, amateurish and thrown together, a few things will happen. Prospects will pass on your products or services and go to your competitors. You will not earn the price you are worth. You will not be trusted as the very best in your field. Prospects will view and judge you as someone you are not. You will have a very hard time building your reputation. Most importantly, you will lose money. Period. The only way to stand out in the highly competitive marketplace and correct this mistake is by having a professional, reputable design firm create and produce all of your marketing materials. Having these materials professionally created is an investment, NOT an expense. Professionally designed materials will brand you as the expert you are, attract clients to your business and position your business over your competition. Don't make the same mistake so many other small business owners make. Hire a professional design firm. Do it right the first time. By having a professional image you will be light years ahead of your competition. You will stand out from your competition and project the image of your expertise. This worthwhile investment will net a valuable return over the life of your small business. Jeanna Pool is President of CATALYST creative, inc., an award-winning graphic design, web design and marketing firm located in Denver, Colorado. She helps small business owners who are really good at what they do, but struggle to market their services effectively to attract more clients on a consistent basis. She can be contacted at http://www.catalystcreativeinc.com or call 303.380.9100.
MORE RESOURCES: |
RELATED ARTICLES
Brand Value - Brand Identity Guru Successful Guru marketers have a secret weapon that they use every single time they communicate about their businesses. It's one of those intangibles that are easily misunderstood. Branding Mistakes - Brand Identity Guru 1. It "sells itself. Your Brand is Your Promise! (So What Are You Promising?) When people mention the word "brand" they usually mean a well known, well defined company. That's why consumers frequently mention names such as Target, Rolex, Apple, BMW and others who have done an excellent job in crafting an image and sticking with it. Play it Again Sam The marketing director for one of my longtime clients used to complain "does it have to be purple again?" What she and many others don't realize is that the color you are seeing in your sleep, your prospects might just be beginning to recognize, and if done well, associate with you.Consistency cannot be stressed enough in brand development: whether it is a color or a font, where you place your logo, the schedule for newsletters and promotions, or the way the receptionist answers the phone. Logo Design Tips Logos can be described as visual icons that provide a unique identification element to a business or product. Logos provide quick visual recognition of a Company which in-turn builds branding. Nike / Sears / Kmart The Sears-Kmart merger hopes to fabricate some sort of silver lining for both retailers but instead seems to embody the inevitable philosophy of "going down together." Kmart, an already sinking ship, certainly worsens conditions for Sears, and Sears does not have a strong enough current to keep Kmart afloat when there are enterprises like Wal*Mart and Target constantly blasting holes in the stern with brand messages of "smart and classy. Introduction to A Branded World: Adventures in Public Relations and the Creation Of Superbrands You'd have to labor to shield yourself from the power of Branding; it's hard to avoid it in today's business and social climate. Even in the backwoods of very, very small-town America, you couldn't emancipate yourself from the in-your- face concepts of Branding messages from all over the world. Britney Spears Branding How would you like to sell as much in one year as Britney sells in one day or in one hour? Have you put much thought into how marketing empires are created? If you're selling anything then you're a marketer and you should study the biggest successes to follow in their footsteps.We've all heard of branding, but do you do it? Have you branded yourself? If you have, are you expanding your marketing opportunities with your brand?Once you've created a name, built successful marketing campaigns and gotten people to know and like who you and your company are don't stop there. The Big-Pay Off -- Brand Value Many CEOs and marketing directors find their time wasted evaluating marketing opportunities instead of acting on them. When every possibility is followed, a meandering trail of hit and miss effectiveness is the result. Mascots - The Killer Promotional Concept Mascots are the unique dolls or puppets that help identify a sports team or a company. These carry the unique property of "Stickiness". The Importance of Branding - Can It Really Make a Difference? As consumers, we don't really think about the importance of branding. We just seem to go with the flow of brand names that have become synonymous with our daily living. Optimize Your Mailing List For Better Results A list of customers who have previously bought from you is your most important asset. These are the customers who will provide you with return business, which is more profitable than the first sale. Brand Image - Brand Identity Guru Having a brand image is not a "have or have not" proposition. Everyone has one. Your Small Business Name -- Important? You bet a name is important. Many small business owners try to come up with a clever name for their business rather than one that explains what they do. Quality and Service - Yeah, Right! One of the critical drivers of business success is having a unique competitive advantage. Most managers understand that to attract a larger share of the market, or find enough customers prepared to pay a premium price, they must provide something of greater value than their competition. Internet Branding Having been in the franchising business all my life and understanding how hard it is to build a brand, I have probably read every other popular book on the subject. Some are good and most are excellent, as each one helps give you ideas on setting the stage for your brand marketing objectives. Its Time For Some Steak Recently, I was reviewing our website statistics. One of the sites that had a link to mine caught me by surprise. Standing Under the Umbrella And Still Getting Wet Make More Money Making a Name for YourselfCalling all realtors, financial planners, insurance brokers, multi-level & network marketers, and anyone else who works in the precarious and often misunderstood position of operating under a large company brand umbrella yet operating as a separate business unto itself. You may find that you're standing under the umbrella and you're still getting wet-- not enjoying the unlimited personal and financial rewards that business opportunity offers. Managing the Corporate Brand - a Reputation Perspective Adored, respected and coveted by customers and organisations alike, corporate brands represent one of the most fascinating phenomena of the business environment in the 21st century. Their importance is unquestionable. Is Your Logo Helping or Hurting Your Business? The quality of your logo can mean the difference between success or failure. It can be that simple!Trademarks and Logos make up the most international language in the world. |
| home | site map |
| © 2006 |