Wednesday, 7 December 2011

Time to bring in the marketing experts?

Every company, whether small and local or large and multinational, will find itself going through peaks and troughs. Depending on where the problem lies – whether it is the result of external market forces or problems within the company itself – there are certain times when it may behove you to call in the services of a professional marketing company

These exist to help businesses develop methods to keep bringing in new clients and present their goods and services to the world in the best possible way. But how do you know when your company might benefit from a little help in this department? 

Here are some signs to look out for:

  • Behind the competition?: If your biggest competitors seem to be everywhere you turn, it may well be because they’ve devised a more effective marketing strategy than you have. You don’t want to lose out to them, so this is the time to hire an expert in before you begin to lose customers to them. If you’re less visible than your competitors, who are clients going to choose?

  • Not enough time: If you’re constantly putting things off, or you and your employees never have enough time in the day, it may well be that you have overextended yourself. If this is the case then there is no way you are going to be able to devote the necessary amount of time to promotion. Hiring in a marketing company will pay two-fold in this situation: Firstly, they will re-invigorate your marketing strategy; and secondly, they should be able to suggest practical ways for you to make better use of your time.

  • Lack of leads: This is one of the clearest signs that your marketing strategy is failing somewhere. Rather than sitting back and waiting for the customers to come to you, you should be using all means at your disposal – print media, billboards, the internet, word-of-mouth or whatever else you can think of – to get your message out there. If you aren’t getting the leads then you clearly aren’t doing this in the most effective way, or often enough. Time, then, to seek outside advice.

  • High employee turnover: This can be for many reasons, but employees will often be dissatisfied if they feel there is a lack of direction or structure to their role. A clear marketing strategy gives employees something to focus on, and also creates a more dynamic, positive working atmosphere are the new business begins to come in. Bringing in the services of a marketing company for a limited period of time will set you on the right track and hopefully ensure your staff feel motivated enough to stick around.

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