Marketing Your Business: Make Your Promotional Tools Work Smarter

Through former business and employment roles, Iaccounts are typically owned by well-heeled
have previously serviced numerous marketingindividuals and corporations, often with millions of
communications projects. My own personal pathdollars held "in trust" by a financial institution. A
influenced my approach to design and execution,pension fund or some wealthy kid's inheritance
and I learned several lessons along the way whichwould be two examples. A few hundred account
you will probably find valuable. Some of theseholders might be worth billions of dollars, and they
lessons were acquired through business startupwanted regular reports (and I am certain that
experiences that entailed bootstrapping as anthey wanted these reports to look at least as
entrepreneur; others were from servicing clients.good as the bank's marble floors). The solution?
There is little incentive for anybody in theFor that client, I preprinted a large quantity of
business to tell you how to save big money, andmulti-color layouts with stable information such as
the tips that I plan to share with you do make athe name of the fund and the bank's logo, and
few jobs less profitable for certain producers. Onused a portion of these preprints for each update
the other hand, if you use this knowledge, theyon the part of the bank to its trust account
will R-E-S-P-E-C-T you!Rule-of-Thumb: The Moreholders.Here are some other preprinting
You Print, the Lower the CostLet's start with anexamples:Business cards are often printed
easy concept: the more copies of an item that"ten-up," on a sheet of cover weight paper.
you print, the cheaper each individual copySuppose that you printed, in large quantities, a
becomes (rule-of-thumb, but of course there arefancy color logo on these sheets, but did nothing
exceptions). I'll use an extreme example, just toelse. If you printed several thousand, you'd
help you get your critical thinking cap on andprobably be set for a while (for a much less
creative juices flowing. Suppose that you hire aexpensive cost per printed sheet). If you added a
designer to create some business identity basicssales person to your staff, you could then run
for your new company, e.g., a logo and somesome of these fancy sheets through a printing
basic stationery items. Within the trade, there arepress one additional time, printing only that
guidebooks listing the going rates for theseperson's name and contact information, as
services among professional firms and designers.appropriate. Fifty preprint sheets would yield 500
However, you will find wide variation these days.very nice business cards, yet they would cost
This is because a desktop computer, the rightyou only a fraction of the amount of money that
software, and enough talent can enable a designeryou would spend if you (naively) ordered them
who is less established, cheaper, and yet just asseparately, starting from scratch with the print
capable quality-wise to do a bang-up job for ashop, each time.Pocket folders are a staple for
client.If you care to check out the story of themany business promotional kits. These can be
famous Nike "SWOOSH" logo on the company'sordered in large quantities. Apply only the logo to
Web site, it serves as an example of what Ithe front over. Have one of the inside pockets
mean by "bang-up job" and "cheaper." Its"die cut" for business cards (with four small slits,
designer, Caroline Davidson, was a student whotypically on the right inside pocket). The business
met Nike's founder, Phil Knight, while he wascard contact information and other pocket folder
teaching an accounting class at Portland Stateinserts can carry the burden of keeping all of the
University. When she delivered the logo in 1971,information, as a package, current. Pocket folders
she was paid $35.00. To Phil Knight's credit, afterare usually very pricey, so if you use these in
Nike took off, he hired Caroline for many moreyour type of business, there are real cost
projects and eventually rewarded her with anadvantages associated with ordering these in a
undisclosed amount of stock in the company asquantity that is as large as you can comfortably
well as other forms of praise andafford.The Concept of Salvaging MaterialsHere's a
acknowledgement. (I admire an entrepreneur orlesson I learned the hard way. Let's suppose that
anyone who is loyal; when I read this part of thewe printed some letterhead with a layout such
story I was really impressed.)We'll use a $75.00that a logo appears in near proximity on the page
amount for a logo in this example (we canwith other information that is liable to go out of
assume there has been some inflation). And, we'lldate. For instance, at the top of the letterhead,
make this a two-color printing job. On a smallcentered, you place a fancy foil-stamped,
printing press, an ink reservoir will be filled with theembossed logo, and immediately below that, you
first color, the first "pass" on the paper will be run,place your address, phone number, or other
and then the same thing will happen again with theinformation that is subject to change. Embossing is
next color and a second pass of the papera process whereby the paper is pressed with a
through the printing press. If you have everthree-dimensional shape, in this case your logo,
painted anything with a two-color design such aswhich raises the paper in your logo's own image;
walls with a different trim color, perhaps aroundfoil stamping applies a metallic foil to the sheet
your house, you will immediately recognize what I(much like aluminum foil in your kitchen cupboard;
mean when I say that cleaning up the mess inhowever, it comes in a variety of colors).
between can be a chore if you are using some ofFoil-stamping and embossing are very expensive
the same tools. You have to clean those toolsprocesses, especially in small quantities. If some of
thoroughly, or you're going to contaminate youryour information does change, there's not much
original colors. I've just alluded to the printer'syou can salvage.On the other hand, let's suppose
problem. Each color requires a "wash up" and inkthat you designed your letterhead such that your
changeover procedure.I'll suggest that each inklogo appeared centered at the top of the page,
color change is $35.00. So far we've spentas before, but your address and contact
$145-still no stationery has been printed. We caninformation was at the bottom of the layout, as a
now add the cost of paper; we'll make it $20. Offooter. If some of your contact information
course, the printer is going to have somechanged, you could chop off the outdated
overhead costs; we'll call that another $20.information on the bottom, and run the paper
Although my prices are hypothetical, if youthrough the press again with current information.
actually tried this you'd find that I'm not that farThe end result could be some monarch-sized
out of the ballpark, by the way. We've spentletterhead (also known as "executive" letterhead),
$185.00, and no stationery has been printed.Now,or memo sheets, or at least something that you
since I told you this would be extreme examplehave salvaged instead of throwing everything
to illustrate my point, let's suppose that we printaway. Obviously, executing a salvaging strategy
just one sheet of stationery: that sheet will costrequires forethought.The Concept of
$185.00. At that price, it should be fit for a king!Gang-upsSometimes it can be economical to print
After you recover from the sticker-shock thaton large commercial presses that accommodate
I've just subjected you to, let's look at whatlarger sheet sizes. I was previously involved with
happens when we increase the quantity. If wea company that printed poster-maps for various
paid to run the press for half an hour for, say,communities. These posters carried advertising
$15.00, we've now spent $200.00 total. Duringfrom various businesses in a given community.
that half an hour, we could print 1000 sheets ofOne of our early press runs was on a large press
stationery (we already figured in paper cost,that used a sheet size that was big enough to
above). This would amount to a unit cost ofcarry the image of not only the posters for one
twenty cents per sheet.At the above rates, wesuch community, but several other items as well.
could add $80.00 for another 4000 sheets ofOn one large sheet, we printed an order of
paper and $60.00 for labor, and we'd have 5000posters, several full-color business cards, a pocket
sheets of stationery for $320.00; that meansfolder, post cards, and other promotional materials
each sheet of printed stationery is now just overfor the company, such as "mini-posters" and
six cents, or less than one-third the unit cost ofbrochures.It was a complex job, which was a real
printing 1000 sheets (which is a typical smallpain, according to the printer. However, I also
business order). Wow!-what a difference.Theearned the printer's respect since I had
Concept of Time and Information InstabilityHere'ssuccessfully planned the most innovative and
another rule-of-thumb: If you print it, somethingefficient printing yield in the company's history
will change. You will change some things(the printing company was a large commercial
voluntarily, perhaps. If you add a new toll-freepress that was several decades old). I don't
telephone number because your business isexpect the average reader of this article to
growing, that's great; however, now yourpursue one of these types of jobs on his or her
business cards and stationery are out of date. Inown, but at least now you know about gang-ups.
some cases, information will change without yourYou can ask about using a larger sheet size and
knowledge or consent. If you live in a high growthprinting more items during the same press run.
geographical area, you may find that telephoneFurther, in case you haven't noticed, my
area codes are changed. You'll get a friendly,discussion above about ten business cards on a
conciliatory letter from the phone company, whichsingle sheet pertained to a simple "gang-up"
ends with bad news: "tough." Next, your friendlyexample.More "Tricks of the Trade"There are
postal service will notify you of a zip code change.numerous other tricks of the trade that can be
Surprise-you need new materials. I haveapplied to the challenge of making your
personally received these types of notices, andpromotional tools work smarter for you and your
they are not pleasant news. For small businessentrepreneurial enterprise. Even though I am no
owners, these notices really have a sting tolonger in the marketing communications business
them.As businesses grow, lots of things tend toas a firm owner (having now moved on to other
change. In practice, you'll find that mostpursuits on the Web, as a teacher, speaker and
information is dynamic and unstable. In otherwriter, et al), it gives me pleasure to accomplish
words, you may change addresses, phonetwo things by writing this article: 1) I have
numbers, office locations, and add employees. Ifexplained some ways that you can save money
you print a client list, you will want to update thatby designing and producing smart promotional and
immediately after winning a prestigious newidentity materials; your image is extremely
account. I don't want to be negative, butimportant, and these materials carry, or will fail to
sometimes you must sever relationships that arecarry, that image effectively; and 2) I have
reflected in a client list as well. If someone doesn't(presumably) influenced readers to treat their
pay you, I suggest that you "disown" them fromdesigners and firms with some additional
your list. Obviously, you had the misfortune ofrespect.The people who do the best work in this
servicing a deadbeat company. Even though youarea are true professionals. Despite any
were the victim, you just don't want your goodstereotypes you may have, they are more than
name associated in any way with someone else'sartists. A competent designer will work with you
bad name.When it comes down to it, I haveto convey your marketing message effectively,
found that one of the few things that will tend toand help your business grow. He or she will
be stable is a company name, and a logo. Youapproach this task with an understanding of how
might note that there are exceptions to this rule,messages are created; what makes them
too. If you are planning to evolve from a solecompelling, and memorable; and how these
proprietorship and later incorporate, you need tomessages can best be displayed, produced, and
factor that in to your printing plans. If your namedisseminated. Good designers will also take
and logo fail due to reasons of marketing appeal,additional steps to ensure the effectiveness of
and you need to realign or otherwise reinventtheir work. For example, they will subject their
your business and its identity message, well nowconcepts to focus groups and additional research
you are in trouble.The Concept ofmethodologies.As a business owner, your role is
PreprintsPreprinting static graphical or textualto communicate. Whether you are talking to
content can be a partial solution to the problemsemployees internally, speaking with customers, or
associated with information instability. I still am in a"pitching" to investors, you need to do this with
position to utilize certain materials that I createdpassion, conviction, and professionalism. If your
years ago. I have thousands of very high qualitypromotional materials are poorly conceived,
preprinted brochures with stable words such as,designed, and executed, you can expect to suffer
"A Few of Our Recent Clients," printed on thethe consequences. However, let's end on a
front side. What's on the back side? Nothing, rightpositive note. By making your promotional tools
now, they are blank. I can run off a small quantitywork smarter, you can communicate more
of these at any time. The price I paid per unit foreffectively, and ensure your success.Dr. Robert
these brochures was very low, because I boughtLahm is the founder of several businesses and
so many. Meanwhile, as for any given list itself,Web sites, an entrepreneurship professor, a public
depending on who's on it and when it's printed, Ispeaker, and a writer. His typical topics include
can run these through a small press using one inkcreativity and innovation, careers, start-ups, and
color, which appears along with all of the othersmall business marketing. Webmasters and other
colors in the finished product.Using a preprintingarticle publishers are hereby granted article
strategy is very economical. I've done this forreproduction permission as long as this article in its
clients, too. I serviced a banking industry cliententirety, author's information, and any links remain
that needed to communicate with a relativelyintact. Copyright 2005 by Dr. Robert J. Lahm, Jr.
small group of trust account holders. Trust