Thursday, January 31, 2013

Mobile Text Message Marketing

Marketing is one of the most important things you can do as a business owner. Without a marketing strategy and targeted advertising, many businesses simply do not make it. In today's world, businesses big or small are finding more and more challenges when it comes to traditional marketing strategies. Running an ad in a local publication or paying for a spot in the yellow pages, just doesn't produce the same results they once achieved and are very expensive.

With the birth of the Internet and number of internet-ready cellphones expanding globally, the effects on marketing are tremendous and are taking the marketing challenges to a new level. International businesses large or small
are facing the same challenges.

The technical requirements associated with setting up a website, understanding social media, creating campaigns that will promote brand and convert traffic into buyers, are all part of the requirements necessary to market a business in today's world. The problem is many business owners need to focus on running the business and do not have the time, can't manage, nor have all the skillset required to create and manage an effective marketing program.

One new marketing method that will have a tremendous impact on businesses globally has to do with mobile text marketing. Mobile text marketing targets cell phone users in a very unique way. Similar to the time when e-mail marketing was brand new, mobile text marketing has a much higher response rate. With response rates at 90% plus, business owners need pay attention and incorporate this strategy into the overall marketing strategy.

There are a lot of reasons for the high response rate in mobile text marketing. * When a user receives a text message they almost never ignore it due to the alert features on cell phones.

* Most businesses have not yet utilized this strategy so; the opportunity is here right now to be on the cutting edge of this new marketing concept.

* Users do not ignore the messages when received.

* Messages are short and to the point.

* Newer cell phones display the message right on the front of the screen.

* Users almost always have their cell phone on them.

* Cell phones do not require internet access to receive a text..

* Almost every cell phone made today has text messaging built in.

The most important factor is that cell phone users out number internet users worldwide. With the rapid increase in internet-capable phones, there will also be a proportional increase in a business' ability to market to a cell phone user.

For those who don't know, here is how mobile text marketing works in general. Let's say you want to run a campaign to offer a discount for a product, service, or an event. As a business owner, you would target your existing customer base first. You would offer a coupon or discount, when a user sends a text message from their cell phone to your advertised campaign word. To receive a discount today, text "specialoffer" to 41242

What happens is the customer wants to receive a discount, so they text the word to the number. Then they immediately receive a response back with a promo code or message authorizing a discount. They are also informed they will receive future discount offers and can opt out anytime. Your customers are ok with this since they are already patrons of your business. If you didn't have a mobile marketing strategy, and in order to let your customers know you're having a sale, you would need to run an ad in the newspaper, pay for ads on TV, run an ad on the radio, send mail outs or some other means to let them know. This is expensive and takes time to plan and the customers response time may not coincide with time advertised was received.

But, as a smart business owner, you simply send out a text message to your existing customers and because you know they will read it, your sales are a success. You managed to increase business with the least amount of effort and greatest response.

With traditional marketing, the customer would need to read their junk mail, newspaper ads, or be in front of the TV at the exact time your ad ran. But with a cell phone in hand, your customer receives your promotion. You didn't need to pay for expensive ad materials or hope the customer was in the right place at the right time.

Consumers do not receive junk mail from you and you won't kill a tree to run an ad in the local paper.

There is also another advantage over traditional advertising. I call it the on demand factor. This makes it a must strategy for restaurant owners or businesses that operate in a daily entertainment industry.

Here is an example of the on demand marketing factor. You do this two hours before lunch to a hundred people on your list. The result:

You also filled the seats and maximized your business without over promoting. On demand marketing lends itself to maximum flexibility in timing and number variations. I wonder what happened to the other restaurants in the area that didn't have a mobile marketing strategy.

To this point we have only targeted existing customers. You can build your customer base in a more powerful way. All of the traditional marketing methods still work and can augment your mobile marketing strategy. It is important to not be tied to other marketing channels for all your marketing needs.

The biggest factor is that the consumers of a particular media channel belong to that media company. But as a mobile text marketer, you can place your mobile text campaign word on printed ads, radio ads, and TV ads. When the consumer opts in to your mobile marketing list, you can then market to them over and over without paying the original media company another dime.

Building a list is one of the most important business strategies you can have. A mobile marketing list is the most effective.

Mobile text marketing may not work for every business. There are a few businesses where this strategy is very exciting. Here is a list of some businesses that could benefit:

1. Restaurants

2. Salons & Spas

3. Bars & Night Clubs

4. Florist

5. Theaters

6. Vacation Rentals

7. Events and Nightly Entertainment

8. Department Stores

10. Most business that advertises a lot.

Well if your business is a big brand, you can lease your own short code for $500 to $1000 a month. A short code is the number the campaign word is texted to. You will also need to pay web programmer money to develop a campaign management system to receive and respond to opt-ins. Option two; you can contact a mobile marketing consultant such as Rapid Action Marketing or Mobile Helpers and they will help tailor a marketing strategy to the size of your company and manage your campaigns for you. Plus they help build your list and leaving you to run the business. There are also many mobile text marketing platforms available. Most are tailored towards the big boys of marketing and priced accordingly. For the mid-size business, I recommend option two as the text marketing firm can get your mobile marketing campaign started right. But, for the smaller business a self-management option maybe the only option.

They will help tailor a marketing strategy to the size of your company and manage your campaigns for you. Plus they help build your list and leaving you to run the business. There are also many mobile text marketing platforms available. Most are tailored towards the big boys of marketing and priced accordingly. There are two in particular that I have found that offer all the features in the expensive services but at a price starting around $15 a month and as much as $1000 plus per month.For the mid-size business, I recommend option two as the text marketing firm can get your mobile marketing campaign started right. But, for the smaller business a self-management option maybe the only option. See Author Bio for recommended services...