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Know Your Types Of Marketing Projects

This isn’t about the kind of color printing you’re getting done, or the styles of advertising that you’re using, but instead the kind of overall marketing you’re going to be using.

This breaks down into two primary categories: long term and short term marketing. Each one is distinctly different and requires very different approaches. But most important of all, both are needed in order to have the best overall marketing, and yet too often companies focus on only one or the other.

First I’ll break down what each one entails.

Short term marketing deals only with the business you’re going to get over a very brief period of time. A single postcard marketing push is a form of short term marketing. You’ll have a good chance at generating some immediate, solid sales, but they’ll be likely to trickle off fairly fast, and won’t always lead to long term customers.

Marketing that centers on sales are often distinctive types of short term marketing, because they aren’t promoting the brand name so much as the actual sale itself.

Long term marketing is obviously just the opposite, where getting immediate sales isn’t going to be as important, and instead you want to build up your brand name and create a strong company image.

The reason why many companies don’t pay as much attention to long term marketing is because the return on your marketing investment is much slower. You’re spending the money on color printing now, but you won’t always make that money back until months down the line.

Because of this you get companies who disregard long term marketing in favor of the apparently more profitable short term.

What they end up doing is failing to gain a strong, loyal customer base, which is needed for any business to remain strong for very long. They hope that enough people coming in from the sales and other short term pushes will like what they see and keep coming.

But they won’t gain a strong brand name through a process like this, because everything is about the moment rather than the future. You want people to feel as if they can keep coming to your store for years, and this is what long term marketing gains. You make your name linked with your industry, until when people think of your industry, they immediately think about your company.

That’s what true marketing can gain.

You do need the short term goals to help keep your sales strong, while using long term marketing to develop a stronger bond with your customers and improve your brand.

Only by using both can you achieve the greatest results. Never let your immediate needs force you away from looking to the future in order to get the best results over all.

I can guarantee you that the truly massive corporations are the ones who understood that both the present and the future are needed when looking at your marketing.

By: charen smith

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