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I’m here to help generate results from your advertising. What would it take from your advertising for you to be excited enough to pop the cork on a $100 bottle of champagne? (Don’t go to question #2 until you have an answer)
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Who are your main customers? What do the 20% of your customers that make up 80% of your business look like? In a 10 year age bracket, what range represents most of your customers?
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What do you want your customers to experience when they come to your store/business? What system do you have in place to make sure you provide this experience?
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What is your defined strategy? (Do they have one?) What is your U.S.P.? Delight Factor? How are you different?
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Who are your competitors and how do you compare to them? What do they do better than you, and what do you do better than them?
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If you could be granted three wishes that would directly affect your business, what would those three wishes be?
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What is the best marketing promotion you’ve ever done? When is your next promotion?
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How do you measure the results of your advertising? How do you know it paid off?
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Are you interested in learning about our systematic way of getting measurable advertising results? It is a mathematical formula that ties together the Cost of Exposure (determined ad budget) and R.O.I. (determines how to get a 3:1 return on investment). But formula’s need numbers, so I have to ask you about your numbers to get the formula working for you. Are you ready?
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Do you want to grow sales next year? What is your goal for next year, 3, 5 yrs?
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Where do you project to finish this year?
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What is your current advertising budget? What is your future advertising budget? (Note: If you want to be a million-dollar business advertise like you already are one!)
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What is your average markup & margin?
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What is your cost of occupancy (rent or mortgage only)?
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What is your average sale/transaction?
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What is your customer worth in a years time?
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What is your closing ratio?
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What type of co-op is available in your business?
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Overall, how do you feel about advertising? Do you see it as an expense or an investment?
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If I were to ask you to spend $10,000 tomorrow, you and who else would make that decision?
