Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Friday, August 16, 2013

4 Minute Hoax: Investigating Methods of Emotional Manipulation

First, an apology - It's been 8 months since I last posted, and I've had dozens of ideas but never put pen to paper, so to speak. I'm trying to change that now, and getting myself on a new schedule. I was shocked today to look at the dusty dashboard and saw that I've been getting a steady stream of pageviews even without new contents.
So y'all are awesome.

I'm jumping in to this head first, so to speak, and starting up a new blog with a skeptical eye to weight loss fads. My weight issues are a major part of who I am, and I've always tried to approach the subject with rationality. What's intriguing is just how much effort is invested by the dieting industry to alter human behavior. Today I accidentally stumbled across the 4 Minute Abs Hype video that has started to make its way around the internet.

I'm both an economist and an actor. I've met with many a quizzical eyebrow to that combo so I'll explain that the unifying element is the study of choice. Both economics and character studies are about understanding HOW and WHY people act as they do - getting into their skin, so to speak. As an actor, I invest myself into living through emotions, as an economist, I study how people manipulate them.
From that angle, this video hits all the right notes.

Wednesday, July 18, 2012

Project: Urban Poverty and a Community-Based Solution

Problem:
Inner city Baltimore is characterized as an area of extreme poverty, crime, and a distinct lack of opportunity. More houses are condemned than inhabited, people live far below the poverty line, and many drop out of education and resort to crime due to a lack of other opportunities. Incarceration for minor offenses exacerbates this problem, as even after serving time they are unable to find useful work that pays a living wage. This cycle of poverty, under-education, crime, and violence undermines the thousands of underprivileged children, teenagers, and adults who are unable to extricate themselves from their situation.
Small businesses moving into the community often employ people from outside the community, and only serve to remove what little money there is from the local economy. Crime and other factors increase the cost of doing business locally, and solutions based on individuals outside the community quickly shutter in the face of these difficult challenges.
 
Here’s my proposal.
Concept:
Community crowd-funded co-op Brewery

Thursday, March 1, 2012

Results from the Great Experiment

Well, what can I say...

The final results of our first experiment with Free, Good Will, and Marketing for a small business have finally come in. Overall, very few of the free tickets we offered were taken by the two organizations we worked with, and a third declined entirely for political reasons. Nevertheless, they expressed immense gratitude for our desire to give back to the community by bringing some happiness to those in need.

To simplify the numbers, our total sales topped $2,600.
Now, that doesn't sound like a large number overall, but consider:

  1. Our total budget for the show was minimal ($2,000 budgeted, <$1,700 used)
  2. Nearly a third of that was licensing fees.
  3. We only ran for four shows.  Everyone wanted us to put on additional performances, but any more would have caused both scheduling and licensing issues. 
  4. We came in at a quarter of our advertising budget with little to no manpower. Direct marketing WORKS.
This has been one of our top grossing shows. Overall, that's over a 50% profit for a short term project. Not too shabby. If we had the flexibility of managing our own space, we most likely would have been able to pull off more shows and attracted even larger crowds. As it is, we were sold out one of the nights and our overall audience matched our "better" advertised shows (read: paid adverts in local papers). For a nonprofit theatre group that's entirely volunteer owned and operated, that's not bad. Margins like this ensure we'll have ample cushion to operate shows with more elaborate needs. Our next two plays, a company produced children's play and a Shakespearean piece over the summer, won't have licensing fees at all.

Most importantly, we maintained ample contact with various organizations throughout the community. We are beginning to form connections to other groups which will, hopefully, bear even more fruit in the future. Working together with other social groups helps create that good will that's so critical in creating a successful bond with the public.

Lessons learned:
  • Personal contact is Key - everyone you talk to is an individual. Unique. Treat them that way, and they will happily respond to you 
  • Don't be Annoying, Don't be Ignored - make your message present and immediate, but not forceful - put yourself in their field of vision to grab their attention, but DON'T steal it, or they will feel cheated and resentful
  • Word of Mouth is King - yes, a few people heard about us from the radio spot we did, some came from  the writeups we got in a local paper, but most came from a primary or secondary contact - think the "Kevin Bacon" type connections.
  • You don't need a Big Budget to be a Big Success - what you need, to reiterate, is LOTS of energy put toward generating goodwill and personal connections within your community/audience
  • Don't be Afraid to Ask - people are more friendly than you give them credit for once you get to know them; that surly secretary might react nicer to someone else in your organization. Know your assets and use them.
If I think of anything I'm missing, I'll update this post later. Any thoughts?

Friday, February 10, 2012

The Great Experiment: Marketing for a Small Organization

I've been hard at work with our newest "experiment" for my non-profit. Below is a discussion on marketing strategy applicable to any small organization looking to get its voice heard in the larger community. In it, I've outlined a number of different tactics necessary to garner the two important aspects of a successful company: Word of Mouth advertising and Good Will.