Gotham, LLC | 333 2nd Street NW Hickory, NC 28601 | 828.327.8099 | Fax: 828.327.0189
 

Gotham Invents Alien Abduction Preventative

Gotham can now add “invention specialist” to its long and impressive resume. We have recently created an alien abduction preventative called the Foil-O-Matic, which is basically a tin foil hat. But as with anything that looks simple, it’s not. The Foil-O-Matic, when folded and manipulated properly, acts as an alien-thwarting device that keeps little green men from sucking you up into their saucers and probing you for vital company information.

We are always trying to add value for our clients. We’ve built a reputation for our creative and memorable marketing campaigns, but we are also concerned about our clients as people. And let’s face it, alien abductions are serious business–we thought it was high time Gotham got involved. We could have lent our brain power to any cause, but we think the concerned citizens looking for a good alien abduction preventative are an underserved population. And we want them to know we’re listening!

For maximum protection against the alien forces that may be hindering your business, create your alien abduction helmet today.

Social Media Marketing: A Must for All Businesses Today

Social media is the new media marketing; in fact, the trend towards social media marketing, in many companies, has become a favorite tactic along with traditional print and broadcast advertising.

To maximize your social media marketing efforts, you can:

1. Take a class to learn which social media outlets exist and target the ones that are most likely to give you the best return on investment. There are thousands of social media blogs, forums and other community outlets. While Facebook and Twitter are the biggest, there are thousands of other niche blogs and social media outlets that may be perfect for marketing your products.

2. Don’t try to do all things-social media. There are a bevy of ways to market your business via social media. Unless you have a team dedicated to manning everything from Twitter to Facebook to all the industry blogs you submit to, you’ll overwhelm yourself just trying to keep up. Pick 3-5 social media outlets and put your all into marketing to those audiences.

3. DO put your all into marketing on the social media platforms you like best. Try to avoid gathering a slew of Facebook Fans only to disappear once you reach your quota. Offer special incentives, something extra to those people. Give them a reward for helping make your social media marketing a success. To be a successful social media marketer, you have to be authentic and experimenting with a variety of messaging to test what works best.

4. Audit your social media efforts. Track what people are saying about your brand with tools like Google alerts. These automated tracking tools can give you “live” marketing intelligence to improve your brand and product offerings.

Awareness vs. Lead Generation

There are more ways than ever to communicate with prospects. From traditional mass media to cutting edge digital technology, the ever- widening array of media vehicles assault the senses daily. This “fragmentation” makes the job of the marketer extremely difficult- there are plenty of communication vehicles, but which ones will the target market utilize? One old school of thought is that of “Branding”. Branding simplified involves finding a key differentiator within the company, owning it, wrapping consistent messaging around the core idea and spending enough money so that it will be seen and understood by the target market.

Branding, which once held court as the flavor of the day (now its social media!) is really a 50-year-old idea. A corporation could spend enough money to run their ACME Coffee ad on network TV and the chances were great that it would be viewed by many households given that there were only three channel choices. Branding is really about awareness. It can contain a call to action, but the chances are great that no action will be taken by the market based on a mass media delivery.

What most people are looking for in this recessionary period is not branding but lead generation. Branding can definitely support and assist lead generation, but quicker Return on Investment is accomplished through lead generation. Branding takes years of repetition to take hold. Lead generation, through the use of direct means such as personal contact and direct marketing though traditional and digital techniques can return immediate results. Lead generation involves a specific offer to a specific market that requires a response. It is an aggressive form of promotion, trackable and can have an immediate positive impact on the bottom line.

Brace for the Return of the Economy

This year, Gotham celebrates its 20 year anniversary as a strategic marketing firm. This year also marks the third recession we have endured during those 20 years.

Advertising agencies are usually “first in, first out” of a recession, due to the popular theory that marketing is an “optional expense.” At the sniff of economic turmoil, companies often reduce their marketing to conserve cash. When they get a sense that things are recovering, they expect to capture market share due to weakened competition and pent up demand in the marketplace.

I would argue that a theory’s popularity, doesn’t necessarily make it right. Smarter marketers know to continue their efforts in good times and bad. With turbulent times come a reduction of clutter in communication channels and bargain basement deals on media buys.

We are now in month 18 of the 2008-09 recession, and things WILL return to normalcy. They always do. In fact, most recessions average 16 months. Barring some unforeseen craziness, you can expect your phone to start ringing with business again soon, if you have “stayed the course” from a marketing standpoint.

If you have been on the sidelines, in a spider hole or some other form of hiding until the worst is over, you may want to consider stepping back into the game right now.

Markets have the same needs they had before- there is still demand for your products and services; people have just delayed gratification or done without. Why not market now, get the word out about your products while it’s affordable and your message will be heard?

Our phones have rung more in April 2009 than in the past six months. We have vigorously marketed throughout the downturn, and we fully intend to reap the rewards from staying omnipresent.

Our competition has been compromised. Some have released their entire staff, and some have gone completely out of business. What are their former clients going to do when they need a marketing campaign? My hope is that the work we have done to get our message out will occur to them once the marketing floodgates open.

Why Advertising in a Recession is a Great Idea

1. Many companies tie their advertising to what competitors are doing. How could so many people have missed the “Would you jump off a bridge if others did?” speech from their mom. These “me too” companies will always struggle to get ahead of the competition because they are emulating others. The idea is to be different, market differently and grow market share as a result.

2. During the Great Depression, two cereal makers dominated the market. Post and Kellogg’s entered the period with equal market share, Kellogg’s chose to continue advertising while Post cut back. Kellogg’s emerged from the Depression as the dominant market leader; a position they have not relinquished to this day.

3. To grow market share, your company’s offering must be communicated in every economic climate.

4. Many companies are cutting staff or going out of business altogether, which leaves their former clients are looking for new resources, like yours. Attrition can be a very good thing.

5. There is less clutter in the communication channels. It’s much easier for your message to be heard when the competition is retreating.

6. There are excellent deals to be found, particularly in media buys for print, broadcast and outdoor. These media outlets are hungry for advertising dollars.

7. Businesses review everything in downturn- operations, personnel and vendor relationships. In a downturn, there is opportunity for your company to become that may not be available otherwise.

8. Once the recession is over, your company will be positioned for continued success in the future.

9. The Internet enables companies to advertise to an international market more affordably than ever. Take advantage of this cost-effective advertising solution.

10. Money is still being spent. It’s a little harder to come by, but the world is still rotating. Go out and get your share!

Survive and Thrive

This year Gotham, LLC is celebrating our 20th year of providing marketing, advertising and public relations to our business-to-business clients. Although the economy is extremely challenging, 2008 was our best year ever. We are committed to making 2009 another stellar year by focusing on operations and providing the highest level of service we can to our existing clients. Most of our clients realize that more now than ever they need our expertise in clear communications and strategic critical thinking.

Last year, we rolled out an innovative concept called X-Factor Web Marketing, which blends public relations with Search Engine Optimization (http://www.x-factormarketing.com) to help company’s reach the top of a random search. This concept became so successful among clients hungry for measurable Return On Investment we have now spun it off as a separate company.

We all need to remember that a recession is a temporary phenomenon. Those who market will emerge stronger than those who don’t. I also believe that the business climate since 2001 hasn’t been all that great. It will take persistence, strong will and focused leadership to fight through this recession.

The Elevator Speech

What could you say about yourself in 30 seconds that would sound memorable but not “needy”? Create a good sound bite that communicates your personal brand. This concise but comprehensive personal summary is often referred to as the “elevator speech” because you have a limited amount of time in which to deliver it.

The elevator speech should identify who you are, provide a unique and memorable fact, explain what you do, why you’re good at it, and how a business could benefit from your skills and experience. Remember, you have 30 seconds.

For example, if you’re an experienced truck driver with a background in logistics, you might say:
“Hi, I’m Tom Trucker. I’m a professional truck driver and logistics expert. I started out in the logistics field planning efficient truck delivery routes for a major company. I transitioned to driving cross-country truck routes 10 years ago. I’ve probably transported more live chickens back and forth on old Route 66 than anyone in the business! Still, I love having been on both sides of the fence, since it’s given me an understanding of both planning and executing transportation logistics in a variety of business settings.”

You’ve established that you’re a trucking expert, given them relevant background, provided a memorable fact – Route 66, and branded yourself as a professional and dedicated trucking/logistics product.

Overcoming the Great Panic of 2008-2009

These are tumultuous times, of which, I’m sure you’re aware and don’t need me to run down the laundry list of economic woes facing the nation and the world.

This is the third recession I have encountered in our 20 years of marketing here at Gotham, and without a doubt, the most significantly challenging set of circumstances yet. Some call this period a “correction” or a “weeding out of weaker competition,” while the news media likes to compare it to the “Great Depression. ”

If you Google “recessions in the US” you will find a better term for it- “panic.” Apparently, before the term “recession,” there was the “panic of 1857″ and so on. Though, much like a recession, panic is a short-term phenomenon, and we all need to keep that in mind.

Since this is my third “panic,” I would like to share some wisdom I gleaned along the way. Hopefully, these ideas will help you think strategically about what you can do on a personal, and corporate level, to navigate the apprehension that naturally comes with times of panic.

Personal Tips for Dealing with a Recession

1. Thank God you are in possession of your number one asset…your health. Without health, all the financial strategies in the world are irrelevant.

2. Count your blessings, of which there are many. We are a “society of fixers” who tend to look for what’s broken in an attempt to correct it. It’s far too easy, and human nature, to fixate on the negatives in the world today.

3. Accept that the recession is a temporary situation. Long recessions historically last 16 months. We are in unprecedented times and this one may last longer; nonetheless, we are in month 14 of this economic downturn. Better times are around the corner.

4. Turn off the TV. The recession/depression hyperbole is unavoidable in the news and particularly bad on TV, where messaging is truncated into dramatic sound bites designed to arrest your attention.

5. Exercise to avoid festering stress. Taking care of yourself allows you to think clearly and maintain sanity under duress.

6. Be positive and try to spread the word. Consumer confidence can be built, one person at a time.

7. Come out of your shell. Although, hiding is a strategy, someone is pursuing your customer base, while you’re “laying low” until better times.

8. Accept that the “good old days” in business may be long gone. The new reality: there is competition everywhere and cheaper channels of communication for them to address the market.

9. Rethink everything. Become more efficient personally and corporately.

10. Pray on a regular basis for continued good health and better things to come.

 


 

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