BNET shared some stories about marketing tactics that independent bookstores are using to remain successful.
- Expand your reach to a national market.
- Go green.
- Create a store within a store.
- Open your doors to the community.
- Cultivate the next generation of customers.
- Get social.
One or more of these ideas could work for your business. We would love to help you implement them and put together a story to tell your customers about it. Maybe it is just the reason you have needed to mail a postcard out to your favorite customers?
The Harvard Business Review’s Daily Stat summarized some findings from a Journal of Marketing article titled, the Sound of Brands.
A restaurant name containing repetitive sounds puts patrons into a good mood, and they are thus more likely to order chocolate cake for dessert than fruit salad. But the effect vanishes if the name represents too great a departure from linguistic norms: 80% of participants ordered cake when they were asked to imagine they were in a restaurant called Rantifanti, compared with just 30% for Ranthfanth.
The sound of brand names can affect product evaluations. For example, names such as Coca-Cola, Hubba Bubba, Tutti Frutti, Jelly Belly, Kit Kat, Bits & Bites, Lululemon, and Tostitos might elicit positive feelings, especially when the names are spoken aloud.
Exposure to a brand name that has sound repetition in its phonetic structure and is spoken aloud produces positive affect, which favorably affects consumers’ brand evaluations, reactions to cross-selling, and product choice.
We hope you remember this as you work on your next naming and branding project.
Bain & Company published a brief titled “Publishing In The Digital Era” discussing adoption of E-Readers and the future for the publishing industry.
The report shared that most readers still report an attachment to paper, even younger readers born in the digital age. Paper beats digital information for yielding a response. This supports more wow numbers, magazine readership has actually increased 11 percent in the last 12 years. Typical young adults now read more magazine issues per month than their parents.
The Harvard Business Review in promoting an article for sale titled, The One Thing You Must Get Right When Building a Brand, offered some information to entice readers.
It’s wrong to think we’re entering a world in which traditional marketing activities will become irrelevant. Yet the scale and speed of social media make it urgent to get the branding basics right. The obvious danger is failing to keep pace with social media developments. An equal, less obvious danger is getting distracted by them and losing sight of the fundamentals.
We have a passion for helping you build your brand and your relationships with your customers. Call us for ideas to integrate your marketing and get everything working together.
Wired.com reported on the findings of an analysis of 1.2 billion messages sent in 2009, seven out of every ten Twitter messages get absolutely no reaction.
We just completed a marketing outlook survey for the CMO (Chief Marketing Officer) Council that seemed to leave out many aspects of “traditional” marketing.
So the question is if numbers and results are revealing that email open rates are 22% and click through rates are about 5%, why do these and other marketing methods get so much attention?