The Cascade Effect, is a one-stop-guide for small businesses, startups and those who want to learn how PR can grow your business, making you a successful entrepreneur!



Showing posts with label marketing in a recession. Show all posts
Showing posts with label marketing in a recession. Show all posts

Monday, March 22, 2010

Fortney Gives Answers to Burning Marketing Questions


Want to see what I really believe about our company Cascade Communications and the current and future states of marketing? Here's your chance.

WhoHub.com has created a social networking space connecting people through Q&A interviews - warning....it's LONG! They really should shorten it some, but if you really want to know my take on marketing, especially PR and the digital/social media age this is the place to go.

I cover everything from the truth about PR, what makes our company so different, the "PRetend PR people", social and digital marketing, the importance of quality customer service and the future of marketing....one guess...the Internet.

You can read my Q&A for free, but it's also a great place to look for job listings.

Love your feedback and thoughts...remember, we can and should all learn from one another.

Tuesday, August 11, 2009

Business Week: Time to Change Course?


I will say it again, today's small businesses have a real opportunity to grow their business by thinking outside of the box; getting creative and maybe even finally forcing your business in a new direction, which you've been delaying.

Moreover, these changes can create opportunities for public relations for your business, further setting you apart from competitors. Here is a great article from Business Week Small Business.....


Is It Time for Your Business to Change Course? By Ann Field Business Week


In an economy like this, it may take more than tinkering to turn you company around. But big changes carry big risks

Kim Matheson Shedrick had spent 16 years growing New York-based Natural Resources into a 15-person, $1 million company that advises developers of high-end spas. But in late 2008 no one was building much of anything, never mind pricey spas selling hot seashell massages and lavender-oil body scrubs. Matheson Shedrick decided the time was ripe for an idea she'd been kicking around since 2001—mySpaShop.com, which would offer products and wellness advice for less affluent spa aficionados. "I looked at how I could use all the contacts I have in the industry to target the customer who can't spend $500 visiting a spa," says Matheson Shedrick, who now makes $10,000 a month through the site. She also expanded the B-to-B side of her company, charging spa owners a monthly fee for advice on how to boost revenue. She expects the new line of work to bring in about 15% of her overall sales by the end of the year.

Sometimes, when business is bad, you can't just tinker at the edges—you have to make fundamental changes to your company. That might mean selling to a new market or changing your offerings. It might mean strategic changes in distribution or marketing.

Read more....

Friday, May 08, 2009

KFC Achieves Major PR Score, Misses Mark in Delivery


For those of you who read my blog(s) regularly you know that I harp on one thing....Are you prepared for PR? Are you fully prepared for what can happen to your business virtually overnight with one major national media story?

This week KFC (part of the Pepsi Co. brands) scored BIG TIME when Oprah announced that KFC was giving her viewers the opportunity to get a free bucket of their new grilled chicken two-piece meal by printing off a coupon from her website.

What I deemed a "brilliant" marketing moment for KFC quickly turned into an ugly nightmare of lines, angry customers, TV crews and bad PR for the company. Every company wants to get the attention of Oprah and she obliged, but your business MUST be ready on all fronts for the attention major PR opportunities like that can have on your business.

Here's where KFC missed the mark, and what you can learn from them:

1. Prepare, prepare, prepare - No one goes to battle without a plan, and I can guarantee that if a Colonel were really running the business the battle plan would have been very clear to all. Preparation isn't just for the corporate office but, in this case, all of your "franchises" and spinoffs. Even vendors, retailers and all business partners need to be fully aware of your marketing plans or when a BIG media story might be coming out.
In fact, you might consider doing a video or conference call, webinar or go around to each major store personally to walk them through the program

2. Communication IS THE KEY - Clearly KFC failed to effectively communicate to its stores around the country what the plan with Oprah was, why the company was doing such a HUGE promotion and, most importantly, the steps each business needed to take to manage crowds, additional publicity in local markets and general customer service.
KFC totally blew it! It was easy to see that local stores were completely overwhelmed and TOTALLY under-prepared.

3. Test before implementation - In my industry there are plenty of agencies out there that come up with "brilliant" ideas and then are surprised that the concept flops when they implement to the public. Terrible! Think about every time that you've seen a major company implement a program and watched it flail and then fail. I learned this a long time ago in the radio business and still believe in the importance of testing....ANYTHING - a promotion, product, marketing campaign, anything and everything should be tested before implementing and turning it lose on the public.

4. If you screw up, admit it - It holds true in relationships and with the public. Customers lose faith fast in companies that fail to communicate with them appropriately. At the worst their perception of your brand goes down and so do your sales, until you can regain their faith. KFC should have immediately delivered a statement to their upset customers across the country yesterday, but I believe that they should have contacted Oprah and apologized for being completely under-prepared. I will tell you one thing, I doubt that she'll work with them again any time in the near future.

5. Finally, the most unfortunate outcome of the KFC situation is, in my belief, going to be the strained relationship between the corporate office and local franchise stores. The company now needs to do some serious damage control on the inside to regain the respect of the store owners who make the company what it is. After this debacle....I highly suggest a paid vacation for all to the Caribbean and small group sit downs with executives where they can share their experience and input. It's a band-aid but it's a start.

Monday, April 13, 2009

Why PR Will Help Your Biz Thrive in a Recession



Sales & Marketing April 10, 2009, 1:09PM EST

Why PR Is the Prescription
The right story told at the right time can bring valuable attention to your business, even during a downturn By Steve McKee

Times are tough. It can be difficult to keep your focus on driving the top line when the bottom line is bleeding red. A lot of us can identify with John Krafcik, acting president and CEO of Hyundai Motor America, when he says, "Flat is the new up."

Still, you know you can't put your marketing program entirely on hold. You need to do something to attract new customers (and give existing customers more reasons to stay). It may be sacrilege for an ad guy to say so, but I recommend a healthy dose of PR. Yep, PR.

There are a couple of trends that, while causing headaches for journalists, can work in your favor: Properly understood, they can help you generate attention for your business.....

Read more