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SPECIAL                         36 Questions To Help Maximise Your
  ACTION
  REPORT                                 Promotional Activities

                                “What you can’t measure you can’t manage!” This principle should be
A complimentary report          meticulously applied to all your marketing, advertising and promotional
    provided by an              activities.
  independent BBG…
                                These activities are leveraged and can just as easily be highly profitable as
Business Development
      Specialist
                                very costly. So, it is essential that you “test” all your marketing, advertising
                                and promotional activities by running them on a smaller scale before rolling
  Our purpose:                  them out on a big scale.
To provide practical            For example, run a small space ad in your local newspaper and see how it
business information
                                performs for you before running a bigger version of the same ad, say a quarter
    that works…
                                or half-page version. Measure dollars in against dollars out. See if the ad will
    Guaranteed!
                                be profitable.
In particular how to:
                                This is harder to do with promotional activity. So, you need to plan even more
   Increase Sales
   Reduce Costs
                                thoroughly!
   Improve Productivity
                                If you are planning a promotion, here are 36 very helpful questions to answer
     Better Business            before you proceed:
       Group Ltd

Serving Australian and          1. Will this promotion attract new and/or repeat customers, and/or
New Zealand Business.              incremental business?
    BBG Australia
                                Consider:
  U5, 51 Perry Street           (a) How many new customers are you expecting to attract?
 Bundaberg, Qld 4670            (b) How many of these are likely to become ongoing customers?
 Phone: 1300 711 743
Phone: +61 412 667 559          (c) What is the life expectancy/profit expectancy of each of these customers?
 Fax : +617 3036 6174           (d) What will be the average cost of attracting each new customer?
          Email:                (e) Is there a better/cheaper way to attract new customers - say, by running an
bbgau@betterbusinessgroup.biz
                                ad campaign rather than by running the proposed promotion?
  BBG New Zealand               (f) How disruptive will this promotion be to both your business and to you
                                personally?
 1329 Akatarawa Road
   Upper Hutt 5372.             (g) What will be the real cost of the promotion? Have you got every aspect of
     New Zealand                it costed out?
 Phone: +64 4 5266880           (h) Will you need to employ extra staff during and after the promotion?
  Fax: +64 4 5264024
                                (i) Will these staff need training?
          Email:
bbgnz@betterbusinessgroup.biz
                                (j) If so, how much will this training cost?
                                (k) How much time will it take?
    Presented By:
                                (l) When and where will this training take place?




                                Page 1 of 3                                            Copyright © Fred Steensma
36 Questions To Help Maximise Your Promotional Activities

2. Will the customers this promotion attracts be the customers you want to attract - people
   who will come back time and time again to your business once the promotion is over?

Consider:
a) Are your customers linked geographically (location), demographically (age, etc.), or
   psychographically (personality type/interests/attitudes, etc.)?
b) How will this information impact on your promotion?
c) Is your promotion tailored to your target market?
d) Is your promotion relevant? For example, if I was running a promotion for a coffee shop,
   would I build it around coffee roasting, grinding, brewing, drinking, etc., or around coffee
   table type books?
e) What have I built into the promotion to ensure that I collect all my new customers’ addresses
   and e-mail addresses so that I can continue to make offers to them?
f) What part of my promotion is specifically designed to make my new customers for life?

3. Will this promotion embrace the overall image of your business or store?

Consider:
(a) How are you currently perceived by your customers? Up market/exclusive? Discount?
    General run-of-the-mill? You have built up an image that you believe suits your target
    market, maybe over many years, so is your promotion in line with this image that you have
    proven works for you? For example, clowns performing in an exclusive men’s clothing store
    would most likely be inappropriate. However, clowns performing in a children’s clothing
    store would be most appropriate.
(b) Will your promotion alienate existing committed customers?
(c) Will your promotion offend or demotivate your staff?
(d) Will your promotion so fill your business with new customers or “tyre kickers” who take up
    staff time to such an extent that your regular customers will not get the fine service that has
    been the hallmark of your business?
(e) Will your promotion confuse potential customers about you and your business?
(f) Will you be wasting money on many people who come just for the “fun and games” but who
    really have no intention of buying your goods or services?

4. Will this promotion hurt existing business?

Consider:
(a) Who will be attending to existing customers during the promotion?
(b) Will service levels drop? How could you prevent this?
(c) Will it produce any unfavourable reaction from the media?
(d) Will it disrupt other businesses in the area?
(e) Will it create traffic problems, extra garbage, extra noise, or bring any “undesirables” into
    your location, etc.?
(f) Will it change the image of your business short-term or long-term? If so, what will the
       outcome of this most likely be?




Page 2 of 3                                             Better Business Group Ltd                                        Copyright © Fred Steensma
              Australia- U5, Perry St, Bundaberg, Qld 4670 - +61 412-667 559 or   1300 711 743– Email: bbgau@betterbusinessgroup.biz
                   New Zealand- 1329 Akatarawa Rd, Upper Hutt 5372, NZ -   +64 4 5266 880 - Email: bbgnz@betterbusinessgroup.biz
36 Questions To Help Maximise Your Promotional Activities

5. What is the bottom line?

Consider:
(a) Is this promotion actually going to make you a profit?
(b) Have you calculated a precise figure on its total cost?
(c) Have you done your sums on running with other activities, such as a direct mail campaign or a
    series of advertisements on radio or TV?
(d) Why are you really doing this promotion? Personal reasons or profit-based reasons?
(e) Have you run a similar promotion in the past? How did that promotion work in terms of
    dollars out for dollars in?
(f) Is this a promotion that you can build on? Can you base ads and other marketing activities on
    it in the future to leverage its initial cost?




Page 3 of 3                                             Better Business Group Ltd                                        Copyright © Fred Steensma
              Australia- U5, Perry St, Bundaberg, Qld 4670 - +61 412-667 559 or   1300 711 743– Email: bbgau@betterbusinessgroup.biz
                   New Zealand- 1329 Akatarawa Rd, Upper Hutt 5372, NZ -   +64 4 5266 880 - Email: bbgnz@betterbusinessgroup.biz

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36 Questions To Help Maximise Your Promotional Activities

  • 1. SPECIAL 36 Questions To Help Maximise Your ACTION REPORT Promotional Activities “What you can’t measure you can’t manage!” This principle should be A complimentary report meticulously applied to all your marketing, advertising and promotional provided by an activities. independent BBG… These activities are leveraged and can just as easily be highly profitable as Business Development Specialist very costly. So, it is essential that you “test” all your marketing, advertising and promotional activities by running them on a smaller scale before rolling Our purpose: them out on a big scale. To provide practical For example, run a small space ad in your local newspaper and see how it business information performs for you before running a bigger version of the same ad, say a quarter that works… or half-page version. Measure dollars in against dollars out. See if the ad will Guaranteed! be profitable. In particular how to: This is harder to do with promotional activity. So, you need to plan even more Increase Sales Reduce Costs thoroughly! Improve Productivity If you are planning a promotion, here are 36 very helpful questions to answer Better Business before you proceed: Group Ltd Serving Australian and 1. Will this promotion attract new and/or repeat customers, and/or New Zealand Business. incremental business? BBG Australia Consider: U5, 51 Perry Street (a) How many new customers are you expecting to attract? Bundaberg, Qld 4670 (b) How many of these are likely to become ongoing customers? Phone: 1300 711 743 Phone: +61 412 667 559 (c) What is the life expectancy/profit expectancy of each of these customers? Fax : +617 3036 6174 (d) What will be the average cost of attracting each new customer? Email: (e) Is there a better/cheaper way to attract new customers - say, by running an bbgau@betterbusinessgroup.biz ad campaign rather than by running the proposed promotion? BBG New Zealand (f) How disruptive will this promotion be to both your business and to you personally? 1329 Akatarawa Road Upper Hutt 5372. (g) What will be the real cost of the promotion? Have you got every aspect of New Zealand it costed out? Phone: +64 4 5266880 (h) Will you need to employ extra staff during and after the promotion? Fax: +64 4 5264024 (i) Will these staff need training? Email: bbgnz@betterbusinessgroup.biz (j) If so, how much will this training cost? (k) How much time will it take? Presented By: (l) When and where will this training take place? Page 1 of 3 Copyright © Fred Steensma
  • 2. 36 Questions To Help Maximise Your Promotional Activities 2. Will the customers this promotion attracts be the customers you want to attract - people who will come back time and time again to your business once the promotion is over? Consider: a) Are your customers linked geographically (location), demographically (age, etc.), or psychographically (personality type/interests/attitudes, etc.)? b) How will this information impact on your promotion? c) Is your promotion tailored to your target market? d) Is your promotion relevant? For example, if I was running a promotion for a coffee shop, would I build it around coffee roasting, grinding, brewing, drinking, etc., or around coffee table type books? e) What have I built into the promotion to ensure that I collect all my new customers’ addresses and e-mail addresses so that I can continue to make offers to them? f) What part of my promotion is specifically designed to make my new customers for life? 3. Will this promotion embrace the overall image of your business or store? Consider: (a) How are you currently perceived by your customers? Up market/exclusive? Discount? General run-of-the-mill? You have built up an image that you believe suits your target market, maybe over many years, so is your promotion in line with this image that you have proven works for you? For example, clowns performing in an exclusive men’s clothing store would most likely be inappropriate. However, clowns performing in a children’s clothing store would be most appropriate. (b) Will your promotion alienate existing committed customers? (c) Will your promotion offend or demotivate your staff? (d) Will your promotion so fill your business with new customers or “tyre kickers” who take up staff time to such an extent that your regular customers will not get the fine service that has been the hallmark of your business? (e) Will your promotion confuse potential customers about you and your business? (f) Will you be wasting money on many people who come just for the “fun and games” but who really have no intention of buying your goods or services? 4. Will this promotion hurt existing business? Consider: (a) Who will be attending to existing customers during the promotion? (b) Will service levels drop? How could you prevent this? (c) Will it produce any unfavourable reaction from the media? (d) Will it disrupt other businesses in the area? (e) Will it create traffic problems, extra garbage, extra noise, or bring any “undesirables” into your location, etc.? (f) Will it change the image of your business short-term or long-term? If so, what will the outcome of this most likely be? Page 2 of 3 Better Business Group Ltd Copyright © Fred Steensma Australia- U5, Perry St, Bundaberg, Qld 4670 - +61 412-667 559 or 1300 711 743– Email: bbgau@betterbusinessgroup.biz New Zealand- 1329 Akatarawa Rd, Upper Hutt 5372, NZ - +64 4 5266 880 - Email: bbgnz@betterbusinessgroup.biz
  • 3. 36 Questions To Help Maximise Your Promotional Activities 5. What is the bottom line? Consider: (a) Is this promotion actually going to make you a profit? (b) Have you calculated a precise figure on its total cost? (c) Have you done your sums on running with other activities, such as a direct mail campaign or a series of advertisements on radio or TV? (d) Why are you really doing this promotion? Personal reasons or profit-based reasons? (e) Have you run a similar promotion in the past? How did that promotion work in terms of dollars out for dollars in? (f) Is this a promotion that you can build on? Can you base ads and other marketing activities on it in the future to leverage its initial cost? Page 3 of 3 Better Business Group Ltd Copyright © Fred Steensma Australia- U5, Perry St, Bundaberg, Qld 4670 - +61 412-667 559 or 1300 711 743– Email: bbgau@betterbusinessgroup.biz New Zealand- 1329 Akatarawa Rd, Upper Hutt 5372, NZ - +64 4 5266 880 - Email: bbgnz@betterbusinessgroup.biz