INTEGRATED MARKETING
“Everything comes to him who hustles while
he waits.”
—Thomas
Edison
DRTV Mega-Hits aren’t made, they’re marketed, via Integrated
Marketing. Growing, profitable businesses don’t just happen.
They are the result of combining an outstanding product or service with
a well-conceived, well-executed marketing plan. Successful Direct Response
Marketing depends on this single, primary principle:
Maximizing profits while minimizing risk.
To do this you
should take full advantage of integrated marketing campaigns – allowing
you to market products and services via multiple marketing channels, each
with their own revenue stream. The Integrated Marketing approach might best
be visualized as a wheel, with your product and service as the hub, and multiple
marketing strategies as the spokes.
Cross promotion
is the heart and soul of all successful Integrated Marketing strategies.
No one understands the importance or value of cross promotion in the development
of a mega-hit better than giants of the entertainment industry like Disney
or Universal. Cross promotional tie-ins are the name of the game. Go
to any fast food restaurant and you’re served up movie promotions right
along with your burgers, fries, and soft drink. Blockbuster entertainment
sensations like Jurassic Park and The Lion King rode the cross promotional
mega-marketing vehicle to hundreds of millions of dollars in ticket and merchandising
sales.
We all
know the DRTV product success stories. The multi-million dollar winners
in exercise equipment, cosmetics, health aids, home and kitchen appliances,
motivational programs, financial products and others. Every one of these
million dollar club members have one thing in common: In
each case their DRTV campaigns were part of a carefully designed and conducted
cross-promotional mega marketing/Integrated Marketing strategy.
Timing
is everything. Success is in the details. Integrated Marketing
requires extensive planning and preparation. Each of the individual
marketing mini plans is design to fit into an overall total marketing scheme. All
of the marketing strategies work together, and support each other. The
timing of the launch of one phase and the extent of its run is dependent on
the level of success of one or more phases that precede it.
FMS has
been involved in the creation of a number of Integrated Marketing Action
Plans where the Infomercial and DRTV campaigns generated multi-million dollar
sales. But
their greatest effect was in helping to drive all the other revenue streams,
additional spokes of the Mega Marketing wheel. In some cases the exceptional
profits realized by the Infomercial and DRTV campaigns accounted for only
twenty percent of the actual total profits. Eight out of ten dollars
were generated by the additional spokes of the Integrated Mega Marketing wheel.
THE WHOLE IS GREATER THAN THE SUM OF THE PARTS
Mega Marketing through the Integrated Marketing approach is a fluid, ever
evolving process. By integrating and cross promoting these various
marketing strategies, the results multiply exponentially.
MEGA MARKETING
The Integrated Marketing Approach
SWEET SIXTEEN MARKETING STRATEGIES
Here is a listing of sixteen Integrated Marketing strategies. Please note,
they are not necessarily listed in order of importance. Mega Marketing
systems do not follow a linear progression. Some strategies are phased
in while others are phasing out. One or more strategies might begin
at the same time. The key is testing and tracking results, reforming
plans, redesigning delivery systems, revising and refining key selling
messages - everything moving in sync with the overall goal of maximizing
profits while minimizing risk.
DRTV Spots
This short form direct response advertising campaign tests the waters.
One to two minute commercials that help guide the overall electronic media
buy.
Infomercial
The program length direct response advertisement is a potent and essential
component of nearly all Integrated Marketing Action Plans. Its ability
to deliver an in-depth sales presentation to the primary target audience
serves multiple purposes. It generate immediate sales revenues. It
can create a self-funding media campaign. It often become a primary
capital source for launching one or more additional phases of the mega
marketing action plan. It establishes national product identity and
public awareness. It is a key spoke in the wheel that often leads
to a successful retail sales campaign.
Home Shopping Channels
Successful mega marketing action plans include the placement of the product
or service on one or more of the cable networks or satellite programming
services. The power of Home Shopping Channels is well established. Electronic
discount retailing generates tremendous revenues and paves the way to numerous
additional revenue sources. This multi-billion dollar a year enterprise
is currently dominated by two giants, QVC and Home Shopping Channel.
Retail Sales
As Seen On TV drives retail sales. DRTV spots, Infomercials, an
Internet presence, Home Shopping exposure are all key factors in the successful
launch of any wide spread retail distribution campaign. But it is
in this mass merchandising venue that the greatest profit potential of
all remains. It is possible for an infomercial campaign to be a success – even
if the majority of its impact comes from opening the doors to national
chain stores and retail distribution.
Mail Order Catalogs
The mail order catalog business has exploded. Product placement
in catalogs along with the “As Seen On TV” exposure are significant
revenue sources that can be economically exploited.
Public Relations
You can’t buy this kind of exposure. Media coverage through
newspapers, radio and television that positions your product or service
as “newsworthy” is the most valuable form of media exposure
there is. Websites, electronic press kits, press releases, media
events, are among the many instruments used to generate the all-important
public relations. How important is public relations? Suzanne
Somers used public relations to make the Thigh Master a worldwide household
name and generated millions of dollars in sales with no advertising expense. Richard
Simmons works the radio and television talk show circuit with professional
expertise. The resulting increase in sales of his exercise and diet
videos is phenomenal. There is no question that public relations
is the most cost effective of all Integrated Marketing strategies if well
executed.
Foreign Sales
Foreign Sales is another revenue stream that should not be overlooked
by companies. Through the internet and satellite distribution especially,
Foreign sales can make campaigns all the more profitable
Direct Print & Direct Mail
Print advertising in newspapers, periodicals, journals, classifieds, mass
mailing offerings and other print inducements that include a call to action
are an integral part of effective electronic media DRTV campaigns. These
print campaigns often use very specific mailing lists to pinpoint the most
likely to purchase target audience. The narrowly targeted information
available today through sophisticated data mining technology is staggering.
Credit Card Syndication
Inserting collateral advertising literature in the bills of major credit
card companies generates revenue, while increasing exposure. Usually
done on a shared revenue basis the credit card syndication distribution
network is growing and can be a lucrative strategy in a good Integrated
Marketing Action Plan.
Wholesale Clubs
These discount mass merchandising chains (Costco, PACE, Sams Club, etc.)
provide outstanding opportunities to capitalize on successful DRTV campaigns. Product
progression from DRTV spots to Infomercials to As Seen On TV displays in
these outlets is often the key to multiple millions of dollars in additional
sales.
Private Labeling
Once you have established a successful niche in the marketplace with your
product, you may want to further pursue market share by Private Labeling
it under a different name. Why would you do this? To gain additional
market share and ward off competitors.
After Market Sales
Tied directly to your DRTV campaigns, after marketing sales programs can
generate considerable revenues by turning DRTV leads or inquiries into
sales. Telemarketing professionals who have expertise in after marketing
strategy can turn a modestly successful DRTV campaign into a major success.
Internet Marketing
Increasingly, for those companies who know how to leverage the power of
the Internet to market products and services, the online environment offers
virtually unlimited potential.
Today, the Internet is a critical marketing strategy that can cost-effectively
leverage all spokes of the Integrated Marketing Wheel. That is, it
has the potential to bring all elements of the electronic goldmine into
one locale – a single web address. In this way, you can tell
one universal and compelling story for your company, product, or service
and deliver it to prospects all over the world, instantly via: Printed
web pages using high-impact pictures and graphics; Television commercials
or select segments through embedded or streaming video; Radio commercials
with sound files or links contained on your site; Electronic Sales Presentations
via streaming video or flash; Online Newsletters
and Rich-Media email.
Another benefit of Internet Marketing is that prospects often use it to
actively search for information about a company or product. This
means they are likely to reach your website in a receptive, open frame
of mind. Greeting them with a clear homepage and well-designed website
will bring credibility to you—and add to the bottom line!
Finally, the Internet offers another very important and unique benefit: It
allows you the opportunity to establish an on-going relationship with your
customers. Through permission-based marketing, online surveys and
opt-in email programs, you can build a profitable, long-term relationships
with customers!
Direct Video
DVD Direct Videos are typically customized electronic sales presentations
that are fast becoming one of the most powerful and convincing tools to
generate sales and revenues for clients.
If you had the opportunity to make a high-impact presentation for your
product or service, what would you do, what would you say, what would you
show? With the DVD Direct Video, this is exactly the opportunity
you have. FMS Direct produces DVD Direct Video for its clients. Viewers
only have to watch it once, and they are highly motivated to take action.
Direct Videos are compelling electronic sales presentations that deliver
a powerful message– carefully leading your prospects, step-by-step,
down the path leading to a new customer. Direct Videos can be produced
in a variety of successful formats – from basic one-on-interviews
to full-scale news-magazine style programs, complete with professional
hosts, reporters, high-production quality graphics, and thematic music,
ala "Sixty Minutes", "20/20" or "Dateline NBC"; Direct
Videos can be utilized powerfully as follow-up fulfillment pieces for DRTV
short-form commercials – as the irresistible FREE "offer" that
viewers respond to. In this way, the Direct Video can greatly increase
the response rate and profitability for television or other direct response
campaigns; Direct Videos, through streaming video, can also be leveraged
as powerful sales and marketing vehicles on the Internet. Finally, the
DVD Direct Video is like a traveling master salesperson working for your
company 24 hours a day. In this way, the company controls the message
and its effectiveness – delivering your message for maximum effectiveness
and sales results.
Radio
Narrowly targeted radio spots can also be an important
spoke of the Integrated Marketing wheel as spots can hit the mark powerfully
with your ideal demographic. This
is especially true when spots run with strong reach and frequency – delivered
repeatedly to your target audience. Produced and on the air quickly, and
considerably less expensive than television commercials, radio can produce
immediate, measurable results. With radio, through instant feedback
and analysis, clients have the opportunity to maximize profits by testing
alternative messaging, offers, spot frequency, and station mix.
Radio can also generate powerful sales through a highly personal advertising
medium. Often, station personalities have a built-in, strong rapport
with listeners. When these personalities deliver a commercial for
your product or service, listeners respond. This offers the powerful
advantage of a single testimonial, or an implied endorsement.
Hispanic (Multi Language) Marketing
The Spanish speaking market for DRTV is huge and virtually untapped. The
Hispanic buying power is estimated in the billions and growing. Effective
Mega-marketing action plans must include Spanish versions of DRTV spots
and Infomercials produced specifically for this fast growing population
sector.
Ancillary Marketing
There are numerous other revenue sources and marketing strategies that
can be included in a comprehensive Integrated Marketing action plan. Among
these are Data Base Marketing, Direct Sales, Network Marketing, Interactive
Media, Affinity Marketing, Free Standing Inserts (these fall out of your
paper every Sunday as well as out of magazines when they arrive in your
home), Franchise Dealerships, Revenue Sharing, Licensing, Coupon Sales,
and much more.
Truly, the Integrated Marketing Wheel is the most comprehensive and
most cost effective approach to realizing the full potential of your
product or service. The whole idea is to take advantage of every
potential revenue stream for your product or service – this is
the secret behind discovering the electronic goldmine!
“Call Now 1-800 - How to Profit from Direct Response Television
Advertising” Copyright 2006 Rodney H. Buchser
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