Wednesday, March 25, 2020

Rise Above The Rest


How would you like to increase short and long term sales and profits for your company during these difficult times!

“Stopping advertising to save money is like stopping your watch to save time”  
-Henry Ford
In a study of U.S. recessions, McGraw-Hill Research analyzed 600 companies covering 16 different SIC industries from 1980 through 1985. The results showed that business-to-business firms that maintained or increased their advertising expenditures during the 1981-1982 recessions averaged significantly higher sales growth, both during the recession and for the following three years, than those that eliminated or decreased advertising. By 1985, sales of companies that were aggressive recession advertisers had risen 256% over those that didn’t keep up their advertising.
In good times, people want to advertise; in bad times, they have to.”   
-Bruce Barton, co-founder BDO Advertising Agency
Materials compiled from a variety of sources, including America Business Media, McGraw-Hill, Penton Research

Now is not the time to cut back or eliminate your advertising budget. Now is the time to double down, triple down and maybe even quadruple down on your business. It comes down to Risk verses Reward. The Mullikin Advertising Agency can help you drastically reduce the risk and make sure your business is greatly rewarded with increased sales!  


Tuesday, March 24, 2020

Should you Hunker Down or Double-Down your Advertising During COVID-19?






The Choices You Make Now Could Ignite Your Business or Weaken it
There is no question we are facing unprecedented economic times. COVID-19 has already caused a drastic decline in the US economy.  But how you react right now and the choices you make could make or break your company’s future. So, what’s it going to be?
Are you thinking about cutting back your advertising budget? You are ready to hunker down and ride this out?  It’s an option, but perhaps not the best option. Take a look at what one company did in one of the WORST financial meltdowns in United States history: The Great Depression.
The Great Depression was very difficult for most consumer product companies, but Procter and Gamble came out of the entire meltdown a whole lot stronger than it was in 1929. How did the soap giant beat the Great Depression when grocery customers started cutting their orders? P&G determined that even in a depression people still need soap, so why wouldn’t they buy it from Procter and Gamble?
Instead of cutting back their advertising efforts as many of its competitors did, the company actively pursued new marketing opportunities, which at the time included radio broadcasts. It was able to maintain and increase sales while other companies folded. One of these campaigns involved becoming the chief sponsor of daytime dramas (later called “soap operas”) aimed at housewives, the company’s primary market. The Mullikin Agency saw the same thing happen with several of our clients during the 2008 and 2009 recession.
Could your business do something similar today?
Let’s look at a couple of ways to increase your marketing efforts right now.
The Digital Market Just Got a Whole Lot Bigger
You say that’s not possible!  There aren’t any more people today than there was yesterday; how could it have possibly grown?
It’s really pretty simple. With hundreds of thousands of people furloughed from work or working remotely, and so many live entertainment opportunities being shut down, the number of hours people spend online and on their TV, phones, laptops and radio is already increasing.  They can’t go to restaurants or gather in large groups. This is likely to skyrocket in the coming weeks. If you want eyeballs, digital is one place to consider being right now. People are stuck at home and you can reach them better than you ever could.
Less Competition = Lower Marketing Costs
While many of your competitors may stop marketing out of fear and uncertainty, this could be a great time to get ,more traffic and make more sales while others are pausing and stopping their advertising campaigns. It’s simple economics. The law of supply and demand says: when demand drops, and supply stays the same prices will naturally fall.  For online advertising, this means a lower cost per click, and lower CPM (cost per 1000 advertising impressions).  Your brand exposure will be less expensive during this time.
This may even be a great opportunity to leapfrog your competitors. When else in the history of your business have your competitors just stopped? SEM and Targeted Digital Display ad campaigns along with Facebook Lead Generation campaigns will likely leave your competitors in the dust.
Your Brand Will Be Louder Than the Rest
You’ll stand out. With your competitors cutting back, pausing, or stopping their campaigns, you will stand alone or at least you will have an opportunity to stand out.
Your message will be clearer without your competitors present and you will have an opportunity, perhaps the only opportunity, to address your customers and prospects without the noise of competing messages. 
 Remember, Procter and Gamble expanded their voice, while their competitors shrank, maybe you should consider doing the same.
The Mullikin Advertising Agency is open for business and can help you navigate through these difficult times with a customized on-line advertising approach that will bring you increased sales that could even help you leapfrog your competition. We can also help you with other advertising options as well.

Monday, March 23, 2020

Let the Mullikin Agency light up your business!


If your business is just starting off or is well established, a successful Digital Marketing strategy is essential for businesses  during these difficult days to grow their brand, drive more leads and stand out from the competition. Get your marketing channels lit up for success.

Here are some powerful ways to light up your online marketing!

Connect with your audience on social media
With people engaging with brands on social media, your business needs to be where your customers spend their time. Target your audience with engaging conversations and build a brand that goes viral.
Use a local Advertising, Marketing and Public relations firm like The Mullikin Agency who knows the market and understands Social Media, has great ideas for creating visually impacting messages that help tell your story to others. We can help you do all of the following:

Boost your ranking with Search Engine Optimization (SEO)
Google your business’s name – and see if your website is ranked as one of the top 3 businesses in the search results. If it is, you’re doing amazing. If not, you’re missing out on a lot of potential customers and could use some help.

To improve your ranking on Google, follow these steps:
  • Perform an audit of your website to optimize it for search engines.
  •  Create rich valuable content for your audience to increase trust and credibility in your business.
  • Create quality references from sources such as blogs and social media.

Drive more leads with Search Engine Marketing (SEM)
Generate more traffic to your website and increase your visibility with digital ads tailored and directed to your audience. With SEM, your business appears at the top of Google search results and is the first link customers will click.

Email Blasts and a strong list of e-mail addresses
Make it easy for your audience to connect with your business by building a strong, memorable and trustworthy brand. With consistent and catchy brand colors, fonts and messaging you will make a big impact.

       1. Create a brand
Build a cohesive brand with your company’s logo, tagline and let it pop with color, typography, iconography, and more.

       2. Strike First Impressions with customized business cards
Perfect your business and help promote with well-designed business cards.

      3. Support your sales with professional material
Whether it’s distributed in large numbers through direct mail or handed out one at a time by your sales team, brochures, rack cards, flyers and other printed material are all ways to increase the spread of your business’s word about different products and services and attract to continually receive new business.

      4. Help bring your brands story to life with logo, animation and videos
In this new era it’s important for your business to brand its story with a creative video or use of animation to delight your audience and to always stay memorable.

      5. Get viral with social media designs
It is always important to increase your presence on social media with unique images and videos so your audience can relate and share your business with others.

      6. Wow your audience with web & Mobile Design
Promote your business and make sure your brand is consistent across all platforms, whether it is web or mobile. Leuer your customers’ attention to your website with bright and engaging content. From blog posts and articles to infographics and videos, your websites content will reign supreme.

Friday, March 20, 2020

Advertise even during economic slowdowns

For this economy to function, companies must market and advertise even amid a global crisis. Take a quick look back at the tragedy of September 2001 and how businesses reacted.

In the weeks after 9/11, the ad industry responded with uplifting messages. The Ad Council released “I am an American,” a TV spot showing the nation’s diversity. General Motors offered an uplifting advertising campaign entitled: “Keep America Rolling,” combining a pro-America pitch with zero percent financing.

Today we find individuals and businesses deeply concerned and fearful. People seem to be apprehensive for their jobs, for their lives and for the future.

It may seem like the easiest course of action is to batten down the hatches and cut back just to survive, but that is not what history teaches us. 

The U.S. economy needs marketers and marketing. Consumer spending  accounted for more than two-thirds of economic activity in 2019, so it’s no secret that marketing helps drive commerce.

I believe we will see businesses in the coming months that are willing to take bold risks to keep this economy rolling.
Businesses must give consumers a reason to spend through special offers and the promotion of their products and services even when we are going through tough economic times.
During the Great Recession back in 2008, I wrote an “Opinion” published in the Northwest Arkansas Business Journal in April of that year that “during economic downturns, businesses must look for creative ways to be even more visible than ever.”
What I said 11 years ago can still be true today, “To succeed during difficult times, you will need to be tenacious and creative. Engage your entire company or organization. Make a commitment to do what it takes to succeed and take an aggressive approach to generate new business.”
In Ad Age’s first issue published post-9/11, they offered a similar and hopeful view: “President Bush had it right when he urged that normal national life must return promptly; that the nation has to get back to business after last week's horrors.”
The economic life of this country is the foundation of our well-being and cannot be put on hold for very long. Consumers, already anxious about the economy, need to see that business is not retreating. Companies and employers must sell products, and they need to market and advertise to make it happen. Advertising messages and schedules must be planned and purchased, and businesses must look to the future.
After times of crisis throughout our history we have always pulled ourselves up by our boot straps and took positive action. Even with these unprecedented days of COVID-19, we must soon begin to reset and move forward for the good of the entire nation.
Someone once said, “In Good times, businesses want to advertise, in bad times they have to.”
Let it be so!

Thursday, March 5, 2020

How digital marketing is ever changing!



How digital marketing is ever changing!
Digital marketing is always evolving, and this year is no different. There are new technologies that are being planned to make the internet more powerful and more engaging. From AI to 5g to emerging online marketing strategies, here are a few new digital marketing changes for you to consider.

1. Google’s BERT Update
Google's algorithm update tells Advertising Agencies if your website gets high or low ratings and is important for website owners and managers to know. It can mean the difference between higher or lower search rankings for your business.  Google's latest update is an innovative coding system called BERT, it stands for bidirectional encoder representations from transformers. It is expected to affect 10% of all websites.


2. Voice Will Start To Dominate Search
A survey showed that 58% of U.S consumers conduct local business searches by using their voice control on their smartphones. Two thirds of this group say they conduct at least one voice search to find a business per week. The statistics are expected to climb in 2020 and beyond. Google assistant and Apple Siri are the leading voice assistants; it’s a good idea to make sure your business’ website works well with the searches as well with the other top Voice Assistants:

Google Assistant 36%
Apple Siri 36%
Amazon Alexa 25%
Microsoft Cortana 19%
Other 1%

3. Live Videos Help Drive Engagement
Facebook, YouTube, Instagram, and Snapchat are great for eye catching visual presentations; that is why live videos are constantly increasing direction. The key to engage your customers may just be videos. Video can be used for multiple purposes. You can initiate the increase of engagement by repurposing the same video or using different clips from the same video. Live videos help create shared experiences in real-time, this is why they attract better engagement. Let us know if we can help you create the perfect video.

     4. Educational and Interactive Content
Bite-sized informative images contain useful knowledge. The more educational and interactive the content is the better. Keep your informative content to a one-sentence overview. Images always work best when they are presented in a series and should always be mobile-friendly. Smaller infographics will outperform the larger ones. Keep us in mind for those needs as well.

5. Influencer Marketing
Influencers  reach has declined lately due to the internet being flooded with over a million blogs. Social media engagement has peaked because of the over-saturation. In 2020 there will need to be changes made to achieve a  winning digital strategy.

6. Omnichannel Marketing
Omnichannel marketing is using multiple channels to sell your products. Our clients have found success in using different marketing channels; your website, email, and social media. It’s not considered omnichannel until your business’ use all of these channels and merge it into a seamless experience. Your messages must always be consistent on all of your marketing channels.

7. Customization Options
Please consider outsourcing your digital advertising and communications to an expect like the Mullikin Advertising Agency that can help you handle all the aspects needed for web development that contains specific features for your business or industry. Template-driven websites don’t always attract that many customers like sites with designs and in-depth content do.


Monday, October 28, 2019

The Benefits of Promotional Products


Promotional Gifts to Keep Your Business Top of Mind After a Trade Show, Conference, or Meeting
There's a familiar adage in the business world: Promotional products are the While that statement may be debatable, one thing is certain: American businesses believe in the power of promotional gifts.—so much so that they spend $20 billion annually on them.
Businesses aren't just investing in hot air. One study examining the value of promotional products found that trade show participants who gave out promotional items had a 176 percent increase in traffic compared to those who didn't. Promotional products have many uses, but they're especially effective as a marketing tool at conferences, trade shows, and other gatherings. Here's how promotional gifts can help your company connect with potential customers and clients at these events, and stay top of mind after the event is over.

The Benefits of Promotional Product Giveaways
Handing out promotional products generates both short- and long-term marketing ROI. Among other benefits, giving away products bearing your company logo can:
Grow brand awareness
One survey found that 66 percent of people who received promotional gifts within the past 12 months were able to recall the name of the company distributing the items. What's more, this memory is typically positive: In the same survey, more than half of promotional gift recipients said the gift made them look at the company more favorably. And because gifts are taken outside the walls of the trade show or event, they provide you additional advertising to non-attendees.

Increase conversions

Nearly 80 percent of people who receive promotional products report a willingness to engage with that brand's products or services. Plus, when you include contact information on the gift, it makes it that much easier for new or returning customers to seek out your products or services.

Keep your brand top of mind
One study found promotional gifts that provide value to the recipients are kept for an average of one to three years. During that time, that person and their colleagues or family members will regularly engage with your company's branding, thereby keeping your company top of mind should they need your products or services.

Maximize ROI

For the reasons listed above, promotional products promise a big marketing bang for relatively little buck. If you're hoping to expand your brand awareness but don't have the budget for print, radio, or television ads, promotional gifts offer a stellar alternative.

    How to Choose Appropriate Promotional Materials
    Promotional giveaways are not one-size-fits-all. Instead, different events call for different promotional materials. Before investing in materials for a given event, consider the following:
    • What is your marketing goal at this event? For example, you may hope to increase brand awareness, strengthen customer loyalty, attract new customers, or thank current customers, or accomplish something else entirely. The intended purpose of the promotional gifts should inform the type of gift.
    • Does this product align with your overall branding efforts? If the product is completely unrelated to your industry or company, it's less likely people will associate the product with your brand. For example, an herb farm may consider handing out tea sachets imprinted with a logo, while a tech start-up may be better off giving away branded usb flash drives.
    • Does this product provide its recipients with value that is relevant to their work or interests? Research suggests the primary reason people keep promotional gifts is because they are useful. If recipients won't derive value from your planned promotional product, consider other ideas. If you're not sure what types of products will prove valuable to your audience, spend some time researching your target demographic before investing in any promotional gifts.
    • Does this product reflect a commitment to quality? While it can be tempting to cut corners by opting for cheaper products, materials that easily break or degrade reflect poorly on your company.
    • Does your marketing budget allow for the cost of the materials, shipping, and storage?
    • Do you have the ability to transport the products?
    • Are these products easy to distribute at the event? For example, trade show visitors are on their feet all day, so it's important to hand out something that won't be a burden to carry around. Also consider how many items you hope to distribute and in what context: Will you hand out a gift to everyone who stops by your booth? Will you host a contest and reserve gifts for the winner(s)?

      Creative Promotional Gift Ideas
      We're all familiar with the idea of using branded writing instruments, calendars, or magnets as promotional gifts. These are tried-and-true products that provide an inexpensive option for companies just starting to dip their toes into the waters of promotional products. But the world of promotional gifts is so much bigger. If you're looking to take your product game to the next level, consider these slightly more out-of-the-box ideas:

      Totes and bags
      These are a great option because they provide value to virtually any demographic. Choose from a variety of totes, backpacks, messenger bags, and even coolers.

      Apparel

      Apparel items such as T-shirt or hats are great for spreading brand awareness because your company is advertised anywhere the person wears it.

      Drinkware
      Because of the lasting value, water bottles and other drink ware are used longer than most other promotional gifts. This means they'll probably be seen by more people.

      Flash drives
      These are one of the most popular give away products and for good reason: Virtually anyone who uses a computer can benefit from having an extra flash drive.


      The options don't stop there. Depending on your industry and target demographic, you can choose from a wide range of gift options including key rings, lip balm, stress balls and industry-specific products such as dental or veterinary giveaways. 
      Adding promotional products to your suite of marketing materials at trade shows and other events is a simple and cost-effective way to attract and retain customers, and grow your brand awareness both at networking events and beyond.

      Tuesday, October 8, 2019

      Get the Most out of your Next Networking Event or Trade Show


      Trade shows and other networking events offer an exceptional opportunity to connect face to face with prospective customers, vendors, partners, and clients. But it's not enough to show up to an event, have some nice conversations, and call it a day. Instead, it's important to develop a networking strategy that helps keep your brand at the forefront of prospects' minds.
      One of the simplest and most effective ways to maximize your marketing impact is to distribute branded products before, during, and after the event. Here's how to utilize a variety of branded products to build connections that last well beyond the gathering.

      Reach out before the event
      Networking should start well before the event begins. Several weeks or months before you attend a trade show or other major event, consider sending out branded materials via direct mail. This allows you to advertise your presence and drum up excitement. (For example, you could talk about a demo, new product launch, product giveaway, contest, or other special promotion that will take place at the event.) For maximum reach, send the mailer to your company contact list as well as the list of show attendees. (You should be able to obtain this list from the event organizers.) Take advantage of professionals like the Mullikin Agency to ensure the direct mail campaign is on brand.

      Invest in quality business cards
      Even in this email-centric age, business cards are far from obsolete. In fact, they remain the primary networking material at trade shows and other events. Let a professional like The Mullikin Agency help you create a meaningful and effective business card layout and let them print them for you on just the right stock. It is critical to have a supply of high-quality business cards on hand so you can liberally distribute them to new contacts. Also make sure you're always armed with pens so you can take notes on the many business cards you're sure to receive.

      Develop attractive materials for the event
      If you attend a trade show or other networking event, it's critical to have high-quality marketing materials ready. These could range from brochures, rack cards and flyers to custom promotional products. The types of materials you select depend on several factors. To ensure branded materials are effective, consider the following questions:
      · What is your goal for these materials? Is the design in line with your goal?
      · Does the design of the materials align with your branding guidelines?
      · Does the product(s) provide value to its target audience?
      · Has your company already produced an informational product—e.g. white papers or books-that could be useful to the event's audience? If so, bring copies of these products as an additional way to connect with interested parties.
      · Is the item(s) made from high-quality materials that reflect your company's commitment to quality, or is it likely to end up in the trash?
      · Is the cost of the item(s) compatible with your marketing budget?

      Incorporate your sales pitch as much as possible
      It's not enough to shove branded products into the hands of people. To network effectively, the distribution of promotional products should be paired with messaging that presents your brand in its best light. To that end:
      · Make sure your sales representatives dress and conduct themselves in a way that is consistent with the image you want to present.
      · Train your sales team to engage in brief, friendly conversations as they distribute promotional products or business  cards. Each member of your team should be equipped to deliver the company's elevator pitch. It's also important     that they ask questions. You're more likely to make a positive connection by listening than by bombarding the     other person with data they may not want or need.
      · Consider timing. Don't walk up to another vendor and attempt to network when their booth is jam-packed. You'll    make a much better impression if you wait for a lull or schedule a meeting.

      Remember to follow-up
      If you play your (business) cards right, you'll leave a networking event with a stack of new contacts. Before those potential leads grow cold, follow up to cement your connections. Organize your new contacts and segment them based on whether they're lukewarm or hot prospects. Then, develop a strategy for reaching out to each group.
      Following up could take the form of a phone call, email, in-person appointment, or mailing. Mailings are particularly effective because they allow you to distribute physical branded products (e.g. a thank you letter, brochure, catalog, or swag) that helps keep your company top of mind. Regardless of how you choose to connect with your new prospects, follow up within two weeks (and ideally much sooner). Then stay in touch over the next few months via your newsletter, email-marketing list, or personal emails.
      Distributing high-quality branded products before, during, and after a networking event helps ensure you make a stellar first impression and favorably position your business in the minds of current and potential clients, customers, or partners.