
Subscribe Now!
Events Calendar
Online Product Catalogs
Manufacturers Directory
Product Update Pages
eBabyShop newsletter
Baby Shop Flipbook

|
Customer Attracting Cross-Promotions
What happens when pediatricians join forces with pizza store managers,
school principals, city health clinic directors, and others to better
reach and serve their common base of customers: families with young children?
Together, they did what they could not have accomplished on their own.
They offered a highly valued, emotionally-loaded, and media-attracting
service AND increased foot traffic into their stores and offices: “I
Am Loved” free immunizations for kids on Saturdays just before school
started.
Pediatricians gave immunization shots at convenient times in a roomy,
cheerful children’s store with a party atmosphere, where the kids
were the center of attention. Parents heard about the offer through all
the participating outlets and received free snack coupons after the kids
received their shots so they could reward their children with a snack
from a nearby store. Partners could provide better, more news-catching
service at less cost and inspire greater community and customer loyalty
— while spending less.
This is not an isolated incident.
Here’s another success story. On a recent Valentine’s Day,
several neighborhood businesses — including a women’s medical
clinic, florist, health food store, clothing boutique, shopper newspaper,
museum store, gym, bookstore, and beauty salon — joined forces for
a month-long promotion to attract and serve women. The bookstore hosted
a series of “Beauty Inside Out” in-store demonstrations and
mini-seminars, each led by a manager of one of the participating businesses
and highlighting a book collection and the local partners’ related
products and services.
Each presenter offered a handout that also included reference to at
least one of the other cross-promoting organizations, plus a joint offer
of services with one of them. Each presenter wrote a guest column based
on their presentation, which was featured in the shopper newspaper, with
the author’s follow-up offer and email noted at the bottom of the
article. Of course each column author quoted others in this mutually beneficial
alliance.
What’s the lesson here?
You don’t have to work alone when you attempt to market your products,
services, or cause. It is not as much fun nor as credible or efficient.
Regardless of the size or kind of business (or nonprofit or government
agency) you operate, you can grow it faster, not through “solo”
networking, advertising, or other promotional efforts, but through cross-promotion
with others.
Look for other successful, non-competing businesses, clubs, and government
agencies that also serve your kind of client. Propose ways you can improve
how you contact or service your “mutual market” together.
Instead of solo advertising, the Valentine’s Day group joined
forces to offer a combined service that naturally pulled their customers
in. The partners’ keys to success were a common market, non-competing
products or services, shared values, and comparably valuable resources
to contribute to the cross-promotion. Partners created a “passion
bond” relationship with each other, their customers, and many others
who didn’t even need shots but were motivated to try the partners’
services anyway.
All kinds and sizes of organizations are enthusiastically adopting this
outreach approach. Cross-promotional marketing is a growing trend because
it is perhaps the least expensive, most efficient, least time-consuming,
and most-credible method for growing an organization. Simply put, cross-promotional
marketing is the act of strategically aligning businesses that target
the same market but do not directly compete with each other.
Cross-promoting provides a growth opportunity for any organization,
from the home-based, to the public sector, corporate, or franchise operation.
Another Easy Example
A dry cleaner attached a lucite box to the front of the cash register
to hold coupons worth $3 off the customers’ next tank of gas at
a nearby gas station / convenience store. The convenience store operator
placed a similar box, displaying coupons worth $3 off the customer’s
next dry cleaning. That proved so successful that they recruited more
partners and offered customers additional value: coupons from their cross-promoting
at a nearby hardware store, beauty salon, fitness gym, and shoe repair
shop.
The Profitable Results?
Their partnering businesses’ coupons build loyalty from their existing
customers. They can appear where their competition isn’t even in
sight. And they don’t have to pay for the position — they
trade for it. Nothing beats the credibility of another business touting
your product’s differentiating benefit. Partners reach more prospective
customers at a lower cost. Prospects are introduced to each business in
a powerful way — through vendors they already use. Using your imagination,
familiarity with your customers, and the right cross-promotion, your can
outwit companies with massive promotional budgets.
Here are some low-risk and high-opportunity ways to jump-start your
first cross-promotion.
- Print joint promotional messages on your bills.
- Offer a reduced price, special service, or convenience if customers
buy services or products from you and your partner.
- Hang signs or posters promoting one another on your walls, windows,
or products.
- Mention one another’s benefits when you speak at local events
or are interviewed by the media.
- Show the joint use of your services and their benefit on the health
of patients
- Pool mailing lists and send out a joint promotional postcard.
- Promote your partners’ products during their slow times, and
ask them to do the same for you.
- Share inexpensive ads in local shopping papers or a nonprofit event
program.
- Give a joint interview to local media.
- Put one another’s promotional messages on Lucite stands on
counters or floor stands in waiting areas.
- Encourage your staff to mention how your partner’s products
can be used with yours.
- Give your partner’s product to your customers when they buy
a large quantity of your product, and ask your partner to do the same.
- Use door hangers, posters, flyers, or postcards to promote special
offers for one another’s products.
- Co-produce an in-store or other event, demonstration, celebrity appearance,
free service, or lecture.
Want to Learn More?
Jump-start your first customer-attracting cross-promotion right now.
Discover more success stories, pitfalls to avoid, ten most popular methods,
exact steps to recruit the most valuable partners for valuable cross-promotions,
and much, much more by reading my book, which you can order right now,
Walk Your Talk: Grow Your Business Faster Through Successful Cross-Promotional
Partnerships.
As well, Kare recommends these books on how to cooperate or collaborate,
connect or persuade, network, negotiate, hone your skills for handling
conflict or difficult people, and making a presentation.
Kare Anderson, author of SmartPartnering and publisher of the Say it
Better newsletter (www.SayitBetter.com). Kare is the founder of the Say
It Better Center, located in Sausalito, CA. She can be reached via email
at kare@sayitbetter.com.
|