Why Integrated Marketing Communications is Essential for Small Businesses

How can Integrated Marketing Communications help me, the small business owner?

Integrated Marketing Communication is essential to small business owners because they, even more so than large corporations can not afford to misspend or waste money on a single isolated marketing effort.

For instance, as a small business owner, it may be tempting to focus on one aspect of marketing – a new website, a direct mail campaign, radio ads or as a manufacturer, simply letting your partners market for you. However, what happens if that one piece of marketing doesn’t work?

ANSWER: Your entire marketing effort fails.

Instead, wouldn’t it be great to have an integrated marketing plan that takes the best parts of online marketing such as websites, email newsletters, search engine optimization, and pay-per-click advertising and use that to make your traditional, offline efforts such as direct mail, advertising and public relations even more effective.

For instance, this may be as simple as making sure that your website has the same key words as your radio advertising and that your banners at the little league games also have the same message. To internalize a message, a person must be exposed to it several times. If you hit them three times with three different messages it is nearly the same as being exposed only once. Even worse, it could be confusing and disorienting, resulting in a negative experience with your brand.

Integrated Marketing Communications addresses this issue by creating a plan with a consistent message and then delivering it through as many media as possible, online and offline.

What are the components of an integrated marketing plan?

An Integrated Marketing Communications (IMC) plan should draw from all communications disciplines available, including online, offline, and interpersonal.

Online marketing channels include any e-marketing campaigns or programs, from search engine optimization (SEO), pay-per-click, affiliate, email, banner to latest web related channels for webinar, blog, RSS, podcast, and Internet TV. Offline marketing channels are traditional print (newspaper, magazine), mail order, public relation, billboard, radio, and television. Interpersonal marketing includes participating in community groups, networking organizations, your handshake, how you dress, and even how you answer the phone or return calls.

While not every communication discipline needs to be included for each campaign, it is important for any integrated marketing practitioner to be well versed in the various components so that he or she can select the ones most appropriate for a specific client’s budget and demands.

Is it better to go with an agency, or shop for individual services myself?

While both have benefits, an agency can be a benefit if you don’t already have a network of trusted service providers including printers, promotional products companies, tradeshow planners etc. who are familiar with your business. Often times, an agency can get things done for a client faster, more efficiantly and with better quality for the same or lower price. Plus, as a business owner you have to factor in the time you may spend shopping for the best price and reading reviews to make sure that the best price doesn’t give you the worst services.

However, the cost of each component shouldn’t be your primary concern when evaluating an integrated marketing plan. Instead, look at the expense and benefits of the entire plan working together. For instance, a website might cost $2,000 to build and then you might spend $10,000 in pay-per-click advertising over the next year, but if the content on the website doesn’t match the message on your direct mail, or your customer service people aren’t able to answer questions about the website then you wasted a lot of money.

Instead, don’t look at the website as a single entity. Make sure that it is perfectly integrated into your marketing strategy:

* Promote it at all opportunities. This includes not just pay-per-click ads, but also on business cards, in radio ads, even place a sticker on your products letting customers know they can download copies of the product manuals there, and print it on your receipts telling customers to download coupons on the website.

* Develop an email newsletter to offer your customers and prospective customers news and information they can use – not just a brochure to sell your products.

* Create a blog and allow people to subscribe to it. This will build trust and familiarity between your customers and your company. Don’t limit blog posts to just the president, sometimes a post from a project manager or even the receptionist can keep the blog interesting and attention grabbing.

* Create a contest – but make sure the message is consistent with your integrated marketing strategy. Have people visit your website to enter.

* If you run an advertisement promoting a specific service, make sure that that your customers can find more information about it quickly and easily. Perhaps even put a graphic at the top of your page saying “Attention 99.5 listeners, Click Here to Learn More about Gutter Cleaning”

Those are just some examples for how you can integrate your marketing plan and maximize the initial investment you made by building a website.

Isn’t an an integrated marketing communication just like any other marketing plan?

A marketing plan can be just a marketing plan for a website, or a marketing plan for an advertising campaign, but an Integrated Marketing Communications plan involves all aspects of marketing, across the entire company. This means that you are integrated all aspects of the company into a single cohesive plan.

After all you could have a great website marketing plan, an awesome advertising campaign and an award winning PR agency, but if a customer reads a press release or hears your ad and decides to visit your website where he can’t find more info about your PR or advertising message what’s the point of spending the money in the first place?

Starting a Farm Business? Consider Integrated Fish Farming

In this article, I offer (as I have done in previous writings) I offer more ideas for possible consideration by farm business owners, towards ensuring successful startup and long term success of their farm entreprises.

Personally, I use the phrase “Farm Business” to refer to a mix of mainly Fish Farming enterprises integrated with other livestock enterprises (such as piggery, poultry, rabbitry etc) AND complementary crop farming, earthworm rearing, daphnia culturing, feed formulation/compounding etc.

Integrated Fish Farming Helps Protect YOU Against Risks & Uncertainties

I have carefully studied trends out here (which remains VERY unregulated and disorganised) and have come to ONE conclusion: One needs to be reasonably self-sufficient in one’s farm business needs – especially as it relates to timely acquisition of essential, and critical inputs which if allowed to vary in quality or availability could cause major setbacks in the farm’s operations.

Critical inputs I refer to include brood stock, fingerlings, feedstuffs etc – the supply/quality of which may not be reliably assured as unscrupulous suppliers may let the business owner down at any time!

It is my opinion that this approach that involves running a farm business based on a mix of high profit/low capital and operating cost livestock and other enterprises, ensures that ALL the farm’s resources – including labour – are maximally utilised ALL year round.

This is in contrast to the situation that occurs with exclusive crop and other seasonal farming enterprises which have to be timed to coincide with the various seasons.

So, if you are planning to start a farm business of your own, and want to look forward to – and obtain – REAL long term financial returns, I suggest you choose to make your farm run based on a livestock production enterprise – fish farming (especially catfish) being ONE that offers fairly reliable/reasonable returns with relatively lower capital requirements – integrated with other complementary enterprises.

Given the difficult, risky and uncertain nature of our socio-economic environment, Integrated Micro-Small Scale Fish farming is the easiest, cheapest, AND least risky to learn and start-up PLUS it offers – with good management – potentially the MOST rewarding financial returns.

That is why I chose to focus on it over poultry for instance, which is relatively MORE capital intensive and operationally demanding. Over time of course ANY person (who has recorded progressive success in micro/small scale fish farming) can “graduate” to more capital intensive levels.

Summary

So, to sum it all up, I believe EXCLUSIVE fish farming for individuals and small groups operating on micro to small scale is a bit too risky and prone to negative impact of the unpredictable economic climate out here in Nigeria. Elsewhere this may not be that much of an issue of course (That’s up to the farm business start-up/owner to decide).

For instance today petrol price is no longer 65 naira per litre. Instead it has jumped up ten “NAIRA” steps to 75 naira per litre – courtesy of a government increase. This – like other unplanned and therefore unexpected government policy changes before it – WILL have a multiplier effect on so many operating variables/inputs used on many farms. By having a complementary mix of enterprises, the fish farmer cushions his farm business against direct impact that could in its worst manifestations, “KILL” it – literally speaking.

Final Words: Make Sure You Seek Competent Counselling

All that I have said here is of course my personal opinion. Please REMEMBER that you DO NOT have to accept my ideas – and I strongly suggest you seek the counsel of competent professionals in making up your mind.

Note however that in taking advice from ANYONE (myself included) you will need to check and make certain that s/he has a FULL appreciation of the dynamics that come to play in the running of the farm business enterprise(s) being considered, in YOUR chosen environment. What I offer you here is derived from extensive experience-based evaluation of the challenges faced by owners of the farm businesses mentioned.

If you need help making up your mind about what farm business to venture into, I suggest you read my article titled “14 Key Questions-Issues to Consider in Order to Choose (& Startup) The Right Farm Business”.

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