“How to Choose a Marketer,” Inc., Dec. 2008 |
Question Ruth Goldman
Answer That’s why he decided to use a public relations firm instead. A PR firm or a marketing consultant can test some strategies and help you figure out what works, often for less than the cost of a full-time hire. For two years, deMartino paid $3,500 a month to a local PR firm that had experience in marketing products with medicinal properties. The firm landed his products in hundreds of newspaper and magazine articles and ultimately got them on Canada’s version of QVC. DeMartino still uses the firm for short-term projects — when he launches a new product, for example. “I was dead set against it; it seemed like a big expenditure with no guarantees,” he says. “But it’s been the single most important thing we’ve done.” A final note: Once you have decided who will do your marketing, think about where your dollars will do the most good. Assuming cost effectiveness is one of your priorities, we suggest avoiding infomercials altogether. In 2004, O•ZoneLite spent $500,000 to produce a 30-minute infomercial and another $400,000 to buy airtime for it. The result: an underwhelming $320,000 in sales. |