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Brand Torrent Blog

June 4, 2008

Working With Preferred Partners

Working with what you’d call a “preferred partner” is a great way to drastically increase your brand’s exposure for no cost. It’s a form of cross-promotion companies can engage in with a carefully selected partner or partners. An easy way to implement this type of partnership is through an exclusive link exchange. This means you and your partner agree to provide prominent placement on each other’s websites, promoting one another’s businesses.

This concept is similar to a link exchange. The difference is that while some companies have link exchange pages loaded with sites, a preferred partner link is more integrated into your overall site, and your partner does the same for you.

You’ll commonly see this kind of advertising on sites owned by companies with more than one website. For example, the Palmer Cash website gives prominent placement to American Hips, an underwear company owned by the t-shirt label. While it certainly makes sense to promote your own businesses this way, the same type of promotion can be used by companies who share a customer demographic, and sell non-competing products. For example, if you sell bicycles but do not sell helmets or bike jerseys, you could choose a preferred partner company that does sell these things. Your site navigation could include a link to your partner’s site encouraging customers to get bike accessories from your partner. Your partner, who sells accessories but not bikes, could provide you with a link incorporated into their site navigation. The benefit here is that you are both marketing to bike enthusiasts, and this cross-promotion activity makes it easier for you to share customers.

Two of the biggest considerations for selecting a preferred partner are:
1. Do you and your preferred partner have a similar audience? Do you both have customers interested in what the other is selling. The more similarly appealing your product lines are to a customer demographic, the better chance you have of this type of marketing working for you.

2. Do you have a similarly sized audience? A company getting 1000 website visitors each day should not choose a preferred partner getting 100 visitors daily. It’s important to form a relationship that’s going to be mutually and equally beneficial.

This type of marketing can be great, but tread with caution before committing to a long term partnership. When developing this type of a relationship with a partner consider a trial period before you commit to anything ongoing. We recommend you agree to exchange links for 30 days at first, and then evaluate the success of the match up before moving forward.

Some other ways preferred partners can promote each other:
- Print ads
- Email newsletters
- Sweepstakes
- Printed promotional materials
- Word of mouth (This works especially well for service based companies,For e because they frequently talk to their customers. For example, if you provide web design services but not marketing, partnering with an online marketer and mentioning each other to your clients is a great way to build your business.)


Filed under: Co-Branding Examples, How-To — Tags: , , , , — Brand Torrent @ 12:41 pm




April 29, 2008

Making an Impact with Direct Mail

In the age of internet marketing it’s easy to overlook more traditional mediums like good old fashioned mail. For many types of business this might make sense but before you rule it out for your own business take a closer look at how to leverage a direct mail campaign and some benefits of doing so.

Direct mail campaigns allow you to create marketing materials beyond subject line and copy. You can design an entire 3 dimensional object to put in your target audience’s hands and the choices you make can have a huge impact. Your direct mail piece can be in an attention grabbing color, it can contain product samples or promotional items. In short, it affords you the opportunity to make a much larger impact than digital communication can offer.

Below are examples of a few cases where direct mail campaigns made a lot of sense:

1. A skincare company I’ve done marketing for in the past designed a campaign to promote a new line of roll-on fragrances. Since this sort of thing can’t be sampled through the internet, the company sent out perfume samples to every customer who purchased from them in the last 6 months. In the sample packages the company included a coupon for 10% off any purchase of the new roll-on fragrances. The benefits of the coupon were two-fold. To begin with, it gave customers a money saving incentive to purchase if they enjoyed the samples. The other advantage of the coupon is that it allowed for tracking the success of the campaign. The coupon code that went out in the direct mail piece was only given to those customers so when orders came in with that coupon code, the skincare company knew they were getting sales from the direct mail campaign.

2. An interior design firm that catered to home owners with properties worth over 1 million dollars designed a campaign to entice new home owners to use their services. The firm made a favorable introduction with new home buyers by mailing them a “housewarming” direct mail piece. The firm put together gift baskets containing pens with their web address and phone number, brochures of past jobs they’d done and fresh baked cookies from a local bakery. To offset the costs of this direct mail piece the firm also included a value-pak type coupon pack for local vendors such as restaurants and dry cleaners. Each vendor participating in the welcome pack contributed to the expense of printing the coupons and mailing the packages. (Note that this case includes not only a smart use of direct mail marketing, but also employs the power of cross-promotion to offset the cost of the direct mail campaign!)

The costs for direct mail can certainly add up quickly so it’s a strategy that you’ll want to use sparingly most of the time. That said, for a big impact campaign or the promotion of a product that needs to be sample, direct mail can be a powerful tool for attracting new customers or wooing existing ones.

Editor’s note: Thanks, ReviewPage.com, for telling your visitors about Brand Torrent.






April 14, 2008

Co-Brand Spotting: Bud Light Meets Jackie Moon

If you think cross-promotion is only for small business, think again. Some of the biggest corporations out there are leveraging the power this marketing style. Case in point, the product-touting ad campaigns promoting the new Will Ferrell movie Jackie Moon. Ferrell has appeared in character promoting both Old Spice deodorant and Bud Light beer, along with his new movie.

This type of TV advertisement is becoming more common all the time. Alicia Keys appeared in commercials promoting both her own new album and mega retailer Target. Advertisers can use these commercials not only to share advertising commercials but also to establish a positive affiliation between their brands.

You need not be a multi-million dollar corporation to put this type of marketing to work for you, whether your budget is $0 or a few thousand there are lots of ways for the creative marketing to harness the power of cross-promotion to grow a brand.








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