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Marketing on a shoestring budget

Here's our third and final post from consultants who helped facilitate a series of Idea Swaps for small staff executives recently. Here, Sue Bowman from The Haefer Group summarizes the points emerging from discussions on how to market when resources are scarce.

When hosting the discussions at my table, I started the dialogue with a question: What about marketing keeps you up at night? The small staff execs who participated in this round of discussions had two common and related anxieties: 1. they wear multiple hats--only one of which was a marketing hat; and 2. they had very limited budgets.

The easy answer that addressed each of these stressors is for small staff execs to rely on one of the popular marketing packages to send frequent e-mails to their members, emphasizing the features of the organization. After two hours of discussion with three separate groups of small staff execs, we determined that perhaps the easy answer wasn't necessarily the correct answer. Instead, it turned out that the following concepts are more likely to produce better marketing strategies and fewer panic attacks.

Heavily Promote Member Only Benefits
Members and prospects need to understand how your organization:

  • Makes them smarter

  • Saves them money

  • Makes their lives easier

Don't take it for granted that your existing communication materials already do this. Our discussions focused on how we often talk about what we do but not the personal benefit we provide to members.

Understand Key Metrics
It's tough to market smarter if you don't know where your successes are coming from. Look at return on investment from various marketing channels. Understand who's coming, who's leaving, and why it's happening.

Maximize Your Use of Volunteers to Help the Organization Market
Have members and volunteer leaders contact prospects/renewing members to focus on value--from a members' perspective. Make sure EVERYONE knows the value elevator speech. Reward success with publicity and recognition.

Segment Messaging
In the case of e-mail marketing, change up your messaging in your typical contacts. Segment, segment, segment! Target vulnerable members, like those in the first several years of membership.

Build Your PR Program
Do some research, look at related sites on the internet to build press contacts. Keep the flow of information going.

Use Social Media Discriminately
Everyone agreed that there are many opportunities to market organizations using social media--including LinkedIn, Facebook, blogs, and Twitter. The challenges that presented themselves included the time commitment, keeping content fresh, and competing organizational priorities. The majority of participants thought it was best to focus on one element and do it well.

Easy isn't always the way to go. There is no silver bullet to marketing success. But these strategies should help you sleep just a little bit better.

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Comments

Also leverage more value by partnering with businesses that are not your usual exhibitors/advertisers/ sponsors yet have something to offer your kind of attendees and would like the visibility for doing so. Think of this at the outer circle of stakeholders that want to reach your attendees, yet not related to them for their profession/industry as reflected in the meeting.

Examples: Attendees love gift bags and "Face" professionals are those who provide a service rather than a product so how they come across is vital. What if that gift bag had such things as sun protection lotion, vitamins, stress-reducing tea etc. - all with coupons attached for something more they can get by visiting a store.
The people who get the bigger gift bags are those who recruited at least one other person to attend.

As a speaker on profitable partnering and other collaboration I have helped organized such gift bags for 5 clients. The exhibitors weren't bothered as it wasn't competition for them. Attendees loved getting them and the cost was small for the partnering businesses to do.

Kathy Wilson (from NATLE) and I also gave a presentation on this topic at last year's Annual Meeting in Toronto - the slides and handouts are available at Slideshare (http://www.slideshare.net/ewengel/membership-marketing-on-a-shoestring-budget-4159564)

Is a member going to hire a vendor because they got a great bag or because the vendor is offering a service that has value?

I like the three categories of benefits: Smarter, cheaper and easier.

Making the association's website reflect those value propositions would be a neat idea.

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