Thursday, May 22, 2008

Packaging & Labeling, a silent salesman?

As with advertising, promotion & placement, the packaging & labeling of products are crucial steps to marketing of products that can & will become branded items. Yet ever so often, little attention is paid to this important aspect of marketing the product.

With some product packaging or labels, it appears that the product owner has no intention whatsoever to build brands worthy of its quality and promise the product deserves. If one were to asses deserving products in Malaysia, in particular, can we say that none has reached branded status as in comparison to Reebok, Nike, etc.

We, in Malaysia, had a product that has long existence, perhaps some 90 years plus or more. With available facilities, it has not touched base with the consumer movement and changes in consumer preferences to package & label its product, worthy of the trust & satisfaction the company has in the country.

Hence, it is crucially important that attention be given to packaging & labeling to allow strategic development of the product and turn it into a “branded” product. As always, the Gurus often reiterates that the packaging & labeling of a product is liken to a “silent SALESMAN”, it does not speak; but it says a lot.

Regards,

SL Liew


About the author: The post above is from one of my contributors Mr. Liew Siew Loong. Mr. Liew has been in the marketing field for the last 40 years dealing in FMCG products to food products and even high fashion. To find out more about of his profile, log on to http://www.viscreative.com/

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Friday, May 9, 2008

business cards...



I was actually at a networking drinks session yesterday. As is known, the point of these little gatherings is of course to meet new people and catch up as it may. What is always curios to me when I attend these sessions is how some individuals can show up without any business cards.

Your business card, by any standard acts as sort of your identification card or drivers license. The point I'm getting at here is that you wouldn't hesitate to leave your home without any of these documents, so why would you not have your business cards with you at all times?

Not having a business card at a networking function translates to 2 things, one being an opportunity lost to let people know about your business. You never know when & where you might meet your next million dollar deal. Secondly, a lack of a business card reflects a lot about the person or company you represent. Not having a card sends a message to the person you're meeting, I'm not interested in any opportunity to do business with you nor am I excited to meet or get to know you.

So, perhaps it would be a good idea not to be caught without any business cards on you. You never know, your next million dollar deal could be the next person you pass your card to.


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Wednesday, May 7, 2008

In search of customer service

Over the last weekend, I found myself at my authorized Perodua car service center due for my regular service. As it may, the service bill came up to RM 220 (roughly USD 70). As my car was in desperate need of a cleaning, my fiance urged me to ask them if they had a car wash service as well. As it turns out; they did, for a cost of RM 10 (USD 3).

Now, let me ask you this, would it be un-reasonable for them after spending RM 220 at their service center to throw in a free car wash? Now, the car wash if given away free would only work up to be a 5% discount off my bill.

The point is this, do you remember when we were kids and used to choose our cereal brands based on what free toys / gifts came with it? If cereal makers can think of such ideas to entice customers (i.e. kids) to tell their parents to choose a specific brand of cereal, why not car service centers?


The key objective here I believe is to instill customer loyalty. The reason is if I do not send my car to the authorized service center I can also send it to a private car service center whom I trust and there are plenty of those kinds of service centers.


As businesses today become more and more competitive, keeping customers loyal should be our primary objective no matter the type of business. As they always say, its easier to retain a customer than it is to find a new one. So giving out free car washes or maybe incentive discounts to keep customers coming back to you is a sure way to let customers know that you value their business.


By and large the same problem exists in many businesses throughout Malaysia. In this country, businesses still operate on the concept that success is measured by the number new customers, but the reality of the issue is that we should be spending that same amount of effort (i.e. time & marketing funds) in not getting newer clients but to maintain existing ones and hopefully get referrals to new clients.
Wouldn't that be a better way to use your marketing budget? Perhaps something for Perodua and many of us to think about?

Saturday, May 3, 2008

A Product for Everyone

I believe that these Marketing gurus put it best! "You can't be everything to everyone" and "products for everyone rarely reach anyone". In case you're wondering, the latter phrase was by Seth Godin and the former was by Ries and Trout.

What these gurus are essentially saying is that you cannot make a product / service targeted for EVERYONE!!! Yet, in my work as a marketing consultant for my clients; especially in Malaysia, I've seen this mistake being made by companies over and over again. Every time I ask them, who is your target market, more often than not I'll get the response... EVERYBODY!!!

I believe FOCUS / SPECIALIZATION of target customers are the key here... In today's business environment, you can't market your product and service to everybody. Here's why...people's choices and preferences are all different. Another is that the market is so wide, do you have enough marketing budget to market to everyone???

So my advice? taking after the gurus... I believe every business should find a niche or segment which they can dominate and concentrate all their marketing efforts on. With that, I believe your company will not only thrive but will honestly be successful. The question is not whether you believe me or these gurus, the question that remains is whether you have the courage to do what it takes to FOCUS your business. =)