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Creativity is a Substitute For Cash
By
Larry Galler
Article Word Count: 348 [View Summary] Comments (0) |
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Let's face it, marketing can be expensive. It is especially expensive for a small company with little in the way of resources who competes against well funded, large companies. The "household name" companies have the cash to spend to retain and grow their market share while the small company has to scrape up the funds to market. Yet small, undercapitalized, entrepreneurial companies can compete effectively in the marketplace if they pick their targeted prospects carefully and work at stretching their marketing budget. Instead of investing cash that they don't have, they invest the assets they do have namely energy, creativity, hard work, and the ability to be audacious.
I can cite dozens of instances where small, unknown companies have won business from well established "household name" competitors by becoming audacious, creative marketers. The common denominator for their strategy is knowing what the prospect wants or needs, using creativity to capture the attention of the targeted prospects, effective presentation, and the follow-through of a pit bull.
It's the creativity component that is often missing. Most marketers use the same tactics that everyone else in their industry uses so winning is determined by who has the most money to spend and the small company loses every time. In order to get noticed in a crowd you have to do something different to stand out. Instead of offering the same old thing in the same old way you have to use different media, different graphics, different branding, and different methods of delivering the story in order to become outstanding.
There is probably nothing as "plain old vanilla" as vanilla ice cream. It's everywhere. All ice cream brands sell it. There isn't much to say about vanilla ice cream that hasn't already been said yet Ben and Jerry's uses sixty-five words to tell us why their vanilla ice cream is worth buying starting out with: "There's more to our Vanilla ice cream than its incredible beyond-homemade taste." That's the creativity that got them started and it continues today. I think I'll stop typing and have some of that ice cream right now.
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Larry Galler coaches and consults with high-performance executives, professionals, and small businesses since 1993. He is the writer of the long-running (every Sunday since November 2001) business column, "Front Lines with Larry Galler" For a free coaching session, email Larry for an appointment - Larry@larrygaller.com Sign up for his free newsletter at http://www.larrygaller.com Article Source: http://EzineArticles.com/?expert=Larry_Galler |
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Article Submitted On: July 13, 2008
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MLA Style Citation:
Galler, Larry "Creativity is a Substitute For Cash." Creativity is a Substitute For Cash. 13 Jul. 2008 EzineArticles.com. 10 Feb. 2010 <http://ezinearticles.com/?Creativity-is-a-Substitute-For-Cash&id=1322541>.
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APA Style Citation:
Galler, L. (2008, July 13). Creativity is a Substitute For Cash. Retrieved February 10, 2010, from http://ezinearticles.com/?Creativity-is-a-Substitute-For-Cash&id=1322541
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Chicago Style Citation:
Galler, Larry "Creativity is a Substitute For Cash." Creativity is a Substitute For Cash EzineArticles.com. http://ezinearticles.com/?Creativity-is-a-Substitute-For-Cash&id=1322541