2sup-lg01 intro to advertising and pr

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  • 8/13/2019 2SUP-LG01 Intro to Advertising and PR

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    Leadership

    Money

    Lead

    Conversion

    Lead

    Generation

    Marketing Manageme

    Clien

    Fulfillmen

    Introduction t

    Advertising and Publi

    Relations Modul

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    Introduction to Advertising and PublicRelations ModuleEverything about your business has to be focused on providing products, services and

    communications that draw customers to you, satisfy them, and bring them back to you again

    and again.

    Michael Gerber, E-Myth Mastery

    Do you remember falling in love? First you become aware of

    the other person. Then you notice things that you like and you

    become attracted. As the attraction escalates, you find yourself

    infatuatedthat all-consuming feeling where the other person

    seems central to your very existence. Finally, if all goes well,

    your relationship blossoms, and you live happily ever after.In business, the relationship with a customer develops in a

    similar way. The initial phases of falling in loveattraction and

    infatuationhappens through your system of lead generation.

    If successful, that will lead to an initial exchange and,

    ultimately, an ongoing relationshiplead conversion and client

    fulfillment.

    Now think of a time when you saw a print ad or television

    commercial for a product you just hadto have. Lets say it was

    a sleek, red sports car. Something about the ad attracted your

    attention and you immediately envisioned yourself behind thewheel of that car. You became infatuated with owning it. The

    only thing you could do had to do mustdo was buy that

    car because, on some level, owning it was central to your very

    existence.

    That feelingIvegotto have it. Ill do absolutely anythingto

    get itis what you want to inspire through your advertising.

    You want prospective customers to be so attracted to your

    product or service that they become infatuated with having it

    and will go to great lengths to get it. We call that making a

    magnetic connection.

    Are You Making a Magnetic Connection?

    After completing MasteryImpact!s Track II: Your Customer

    Experience, you now clearly understand who your customer is,

    where they are located and why they buy. Furthermore, you see

    how your promise is the centerpiece of your communications

    and needs to be integrated into the Lead Generation, Lead

    Copyright 1994, 1996, 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechan-ical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01 Page 1

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    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01

    Introduction to Advertising andPublic Relations Module

    Page 2

    Copyright 1994, 1996, 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechan-ical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    Conversion and Client Fulfillment centers of your business.

    Like most small business owners, youve probably found that

    there are parts of these processes that are highly effective and

    producing good results and parts that you know could be more

    effective and produce even better results.

    If youve chosen to work through this supplemental module,

    most likely youre wondering how to achieve better results with

    your lead generation. You may be frustrated by your inability to

    attract more people to your door. If so, youre focused on the

    Lead Generation center and making sure you have created a

    magnetic message and are broadcasting it through the most

    effective channel(s) in order to attract the most qualified leads.

    Remember: The more effective your lead generation is, the

    easier your lead conversion. Make the magnetic connection,

    and youll be surprised how many more leads youll attract andhow much easier your lead conversion will be.

    Understanding Advertising and Public Relations

    The application of public relations and the use of advertising

    are sometimes misunderstood. A distinct difference between

    public relations (PR) and advertising is their extent of message

    control. When, where, and how an advertisement runs is

    controllable. The channels are purchased in the right format (i.e.

    broadcast, radio, print, online) and you have inherent control

    over what messages are communicated because you paid moneyto control it.

    Conversely, while the process of creating messages through

    public relations channels (i.e., press releases and publicity) is

    initially controllable, what occurs after the message has been

    sent out is often uncontrollable. The most common

    uncontrollable factor is whether the media view your

    information as newsworthy. That is why PR is used to enhance

    lead generation by managing communications to create prestige

    or establish further goodwill.

    Either way, advertising and public relations can be highlyeffective in reaching your customers if you understand which

    specific channels and messages most influence them.

    Channels: The Essential Tool of Lead Generation

    Before your potential customers can receive your message, your

    lead generation has to reach them. In theLead Generation

    Channelsprocess, you will determine what specific advertising

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    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01

    Introduction to Advertising andPublic Relations Module

    Page 3

    Copyright 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, includingphotocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    and promotional channels will most effectively carry your

    message to your target market. It could be through word of

    mouth or print advertising in newspapers and magazines, or

    direct mail, handouts and billboards, or it might be through radio

    or Internet advertising. But remember, if you try to reach them

    through a channel that isnt a part of their lives, youll miss them

    altogether.

    Channels are important for another reason. If you reach your

    potential customers in an intrusive way, youll create a negative

    impression of your business and your products. What happens

    when your telemarketer calls your target market at dinner time?

    Or when your direct mail looks like all the other junk mail your

    customers receive? Or when the signs on your store look out of

    place in the surrounding neighborhood?

    Message: The Other Essential Tool

    In theLead Generation Messagesprocess, you will be evaluating

    the words, images, and sensory elements that make up your

    message and will attract, inform, and persuade your potential

    customers to respond.

    What do you say to generate the response you want? How do

    you say it? What does your message look like? What is its

    tone? What images and unconscious associations does it evoke?

    How does it set your business and your products apart from the

    millions of competing messages that assault the perceptions ofyour potential customers? How do you break through all the

    confusion?

    Its not easy and very few do it well. Even large, million-dollar

    budget companies struggle to make any impact, much less the

    kind of positive impact needed to draw customers to them. How

    can you compete with them? By knowing your customers

    intimately, by reaching them and presenting exactly the right

    message.

    Finally, how will you know its exactly the right message?

    Because you will incorporate message tracking into your overallquantification and you will know exactly which messages work

    and which dont.

    Public Relations and PublicityPutting Your Best Foot Forward

    As you will learn, public relations, including publicity, is a

    special form of lead generation. In the processLead Generation

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    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01

    Introduction to Advertising andPublic Relations Module

    Page 4

    Copyright 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, includingphotocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    through Public Relations and Publicity, youll learn how to

    generate leads, improve your image, and build your credibility

    using these less familiar channels.

    Public relations promote a positive image and attract attention toyour business. It is often underutilized as a lead generation

    process in small businesses, but if you follow the basic

    principles outlined in this process, it can be powerful, effective,

    and relatively low cost.

    You generally receive publicity by lobbying for editorial space in

    the media. Although you might occasionally be approached

    first, dont hold your breath; its far better to be proactive. Send

    out press releases. Contact a local newspaper and ask them to

    feature you in their business section. Ask your local television

    station to do a 3- or 5-minute segment on an innovative new

    product youve developed.

    Publicity and public relations differ from your other lead

    generation communications. They usually give you more

    credibility because theyre not viewed as paid advertising.

    Public relations and publicity can fortify your other lead

    generation efforts, expand the reach of your message, and help

    you generate public acceptance, support, and excitement in a

    way that advertising cant.

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    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01

    Introduction to Advertising andPublic Relations Module

    Page 5

    Copyright 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, includingphotocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    Lead Generation through Public

    Relations and Publicity

    shows you how to add a new dimension to your lead

    generation efforts in ways that not only bring you new

    clients, but also build your credibility and enhance the

    image of your company.

    Lead Generation Messages

    ...sets forth the three kinds of lead generation mes-

    sages: attention-getting, informative, and persuasive.

    Demonstrates how to construct your messages using

    the words, images, and sensory elements that mean the

    most to your potential customers.

    Lead Generation Channels

    ...describes the various channels through which you

    can communicate with your target markets for lead

    generation, how to select the channels that best fit the

    lifestyles of your potential customers, and leads you

    through a channels planning process.

    Advertising and Public Relations

    (Prerequisites: Modules D, E, F)

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    Mastery Impact!

    Supplemental Module: Advertising and Public Relations

    Business Development Process: 2SUP-LG01

    Introduction to Advertising andPublic Relations Module

    Page 6

    Copyright 2005 by E-Myth Worldwide. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, includingphotocopy, recording, or any information storage and retrieval system, without permission in writing from E-Myth Worldwide.

    Processes:

    Introduction to Advertising and Public Relations Module

    Lead Generation Channels

    Lead Generation Messages

    Lead Generation Through Public Relations and Publicity

    Result:

    Evaluate and identify the best advertising and promotional channels for your business

    Analyze and evaluate current marketing messages; develop a quantification system for effectivenessof messages used.

    Create a public relations and publicity plan

    Which of the results above are most important to you? Explain.

    What results not listed above do you want from this module?

    Summary:

    Use your knowledge of your ideal customer to learn the most effective methods and messages for yourmarket, so you can draw new customers to your business with ease, consistency, and predictability.

    Advertising and Public Relations