The Summit

 

 

Volume 5 No. 3

Newsletter Library

 
 

 

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Brain Training

 

Cartoon courtesy of shorelines art

 

Allstate Insurance in the U.S. is testing the effects of cognitive training on the driving ability of pensioners. Using brain training video games, positive results from those taking part results in a discount on their car insurance premiums.

Source The Week

Super SME's

A survey by Plantronics of small-to-medium sized enterprises (SMEs) has revealed that 79% have been negatively affected by the recession – no surprises there. But 16% of SMEs claim to be doing all right, and one in twenty businesses actually claim to be booming. These ‘Super SMEs’ were tracked to see what their winning formula is. 43 per cent say they have increased their marketing spend, while less than 20% have reduced theirs. Various groups show a higher than average commitment to, and investment in marketing: those with fully mobile workforces, those with older and more experienced management and those businesses headed by women.

B2B Marketing, February 2009, p30

 

 

 

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Hit and Miss Marketing and Advertising is expensive

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Includes follow up report & advice

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Ring 07947 779542 to book your place

All our clients are unique so is our advice

 
  

Heyday

Age Concern launched Heyday in 2006. The £26 a year subscription scheme was based on a web site and a monthly magazine. Heyday targeted over 50's and promoted benefits on products and services. the scheme was clearly a rival for Saga. Heyday was wound up in early February 2009 after a damming report from The Charity Commissioners. The Commission ruled that there was not enough evidence of a need for Heyday and raised doubts that the activities of Heyday were not clearly charitable.

Heyday was a classic case of dictating products and services rather than providing what the market actually wants. Heyday raised £700,000 and was sustained by £5m from Age Concern's  reserves. The charity Age planned to recruit a membership of 2 million members in five years and to reach 300,000 by March 2007. In reality Age Concern had 44,000 subscriptions by March 2007.

How did Heyday differ from successful Saga? It approached in a reverse way to Saga. Over 50's take Saga holidays and insurance because for the good deal they receive. They then go on to subscribe to the magazine. Heyday invited over 50's to sign up then offered the products, services and benefits. The other main difference is that Age Concern is a charity and Saga is a limited company.

Source Marketing Week

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How easy is it for you to buy fine quality wines from family run vineyards?  You will not find the wines Andrassy's sell on supermarket shelves. Andrassy fine Wines are a family run business and they buy from family run wineries in France, Germany, Hungary, Spain, Portugal and New Zealand.

www.andrassy.co.uk

 

Royal Mail

The direct mail industry is contracting due largely to the downturn in the fortunes of finance companies who were the biggest users (The Summit Feb 09).  Royal Mail clearly has an interest in the fortunes of the direct mail industry. While under threat from rival companies, Royal Mail is constrained on pricing by regulator Postcom. 

The job of marketing Royal Mail products and services should be a difficult one but media director for Royal Mail Mark Thomson is upbeat about Royal Mail and the potential for growth and profit. He intends to achieve this by concentrating on innovation and business customers.  

Thomson has introduced ‘ The Matter Box’ as a means to make direct mail more effective. The Matter Box is filled with samples from one brand e.g. Sony. Test mailings of the new direct mail idea together with clever use of You Tube and blogs increased enquiries for the boxes from 1,000 to 65,000. Thomson predicts large brands will be fighting to use Royal Mail to produce Matter Boxes for them.

Thomson also sees great potential from the use of the data Royal Mail owns. He said ' How valuable would ‘redirected through relocation mail’ be to a furniture company.'

Source The Marketer

Press Releases

Finding a story newsworthy enough to interest the press is hard enough but as important for success is targeting the right publication. As with all marketing and advertising the trick is to target the publications your customers will be reading. The choices are:

National press on and offline

 Local press

Free newspapers

Consumer magazines

Trade and professional magazines

Business to business magazines

A press release has to catch the eye of the publications editor while at the same time attracting your customers if it is published.  So what stories should you use for press releases? Here are a fewsuggestions:

Received an award

An interesting customer

An anniversary (1,000 customer)

Charity sponsorship and events

Community involvement

 When you submit your press release include, contact details, your web site address and include a photograph to bring your story to life.

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and finally..............

 

Kit Kat does nothing

Kit Kat has a new website where it encourages people to take a break away from complex websites with loads of text and images. www.thefirstworldwidewebsitewherenothinghappens.com, simply says: ‘The first worldwide website where nothing happens’. And ‘have a break’. Users are told that if they see anything happening they should report it as a bug and they will get a prize.

Campaign, 13 February 2009, p5

 

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In This Issue

Brain Training

Super SME's

Heyday

Royal Mail

Press Releases

And finally

Links

shorelinesart.co.uk

summitup.co.uk

Age Concern

Royal Mail

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