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Old Marketing Vs. New Marketing
by
Susan Payton
We hear a lot about old marketing and new marketing. When you lay them side by side, its amazing how strikingly they contrast one another. Which school do you belong to?
Old Marketing
Advertisers had control
Results driven
Billboards, phone book ads, magazine ads
Expensive
Long-term investments meant you might spend $20,000 before you realized it wasnt working
Marketing 2.0
Customers are in control of content
Difficult to measure, given the webs vastness
Blogs, podcasts, ebooks, affiliate marketing, internet advertisements
Extremely inexpensive
Low commitment period means you can quickly change your marketing mix for best results
Interactive
Fun
Easy to mix and match different strategies and tools
It still amazes me how many small businesses arent taking advantage of the benefits of Marketing 2.0. Its cheaper and easier to use! But then again, most people have a resistance to change and fear of the unknown.
If youre not in the new school of marketing yet, I offer you a challenge. Pick one Marketing 2.0 strategy (see list above) and implement it. In three months, see if youre better or worse for doing it. I guarantee you wont feel the hole in your bank account!
Susan Payton is Managing Partner of Egg Marketing & Public Relations. She assists small businesses with marketing strategy and corporate communications. She is also the author of 101 Entrepreneur Tips, a handy guide that helps entrepreneurs make repeat customers, close the sale, and delegate work. For more information on Susan and Egg Marketing, visit www.eggmarketingpr.com or email her at smpayton@eggmarketingpr.com. Get free shoestring marketing advice on Susan’s blog, www.eggmarketingblog.com.
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Old Marketing Vs. New Marketing}