Marketing

Text Marketing Made Easy: Slicktext’s Innovative Services

Lucia Patterson

Marketing

Published on: Aug 11, 2023 Last Updated on: Sep 19, 2023

As a brand owner, you know the importance of getting your brand’s service or product out to the masses. The problem is that so many ads are overwhelming your customers. How are you able to stand out in the market? How can you make your brand more visible? The answer is text messaging. A text message is a brilliant way to advertise your brand to your target customers, and sending out mass text messages can be much easier than you think.

Why Text Messaging?

Research shows that 90% of text messages are looked at within seconds. Why is that the case? When you get a text message, an immediate message goes to your brain. You know that someone wants to communicate with you. Text messages make you feel wanted, and people respond to that feeling.

Apart from that, text messages generally only come from people who have your phone number, and those people are usually people who you want to hear from. Text messages also seem urgent. When you hear a ding or feel a buzz, you feel like you have to look at your phone right away. Have you ever been conversing with someone who stops talking to you to check their text messages? It happens constantly; this action proves that text messaging is powerful.

How To Leverage The Power Of Text Messaging

Now that you understand why text messaging is powerful, you do well to learn how to harness that power for the benefit of your brand. The best way to do this is by getting your customer’s phone numbers. When customers contact your brand, ask them for permission to send them text messages.

Once they give you that permission, then you can send them text messages about your brand’s services or products. They will grow accustomed to seeing messages from your brand, and if the messages give them value, they are likely to take action.

What To Put In A Text Message

There are a variety of things that you can send in a mass text message to your customers. You can give them a text message update about a sale whenever there is a sale. When there is a new item or service, you can also send them a text message about that. When you have a prize or giveaway with your brand, send out a text to your customers. Your customers will want to hear about what is new with your business, so use text messages to update them. Leverage the power of text messages to keep your brand in your customer’s mind.

The Benefits And Advantages Of Texting

As mentioned above, texting aims to send some quick personal business messages. Businesses prefer text messages because the responses to the message take time to come.

There are multiple benefits and advantages of text messaging for brandings and networking’ point of view. Texting software has its uses in advntages; therefore, the stakeholders want to text the words fast and effectively.

Reaching People Easily

Using text messages, you can reach many people at one time, and more messages are delivered at high speed. Another benefit of text messages, especially automated texting software, is that you can automate the text messages.

Seeking The Reviews Is Easy

Text messages are quite easy, and it is quite easy to procure feedback and ask for reviews from dedicated customers.

You Can Save Time And, At The Same Time, Personalize Text Messages

According to the most accepted standards, emails are indeed the ones that are used most frequently. Yes, emails are more common today. But at the same texting is also highly conversational.

One of the benefits that you can reap with the help of text messaging is that they are you can use reusable templates. Along with the words you can also use emojis, pictures, and text images. It is the age of links, and you can use them in the texts.

High Open Rates

It is also found through several studies that text messages possess extremely high open rates and, at the same time, exchange rates. An average individual receives dozes of emails every day. But on the other hand, around 17% unread. But at the same time, text messages can be read within one minute.

The average response time is much quicker compared to that of the emails. Hence, you can understand the observation that texting has its own advantages, and businesses are making the most of them to leverage its development.

How To Get Started

Several companies offer mass text messaging services, but they are all different. Slicktext is a company that specializes in mass text messages, and they are what your brand is looking for. This company understands that you are busy as a brand owner, so they make setting up your service seamless. You can set your business up with this text messaging service in less than ten minutes. Once you set up your service online, you can start sending out text messages.

Slicktext is unique in the text messaging industry because they know how to deliver to your customers and give you outstanding customer service. When you contact this text messaging company, you will either talk to someone directly when you call or get a swift return email if you choose online contact. This messaging company is dedicated to seeing your brand succeed, and its trusted team is ready and willing to aid you on your journey.

Make The Right Move

You do well to set your company up for success in advertising. Use every avenue that is available to you and affordable for your brand when it comes to advertising; this includes a text messaging strategy. Regardless of how fabulous your brand is, it will only thrive if your target audience sees it.

The market deserves to know about your brand, so set up the right kind of text messaging service. There is no better way to get your brand into customers’ minds. If you want to catapult sales, then there is no reason to spend more time thinking about it. Your brand’s success is waiting.

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Lucia Patterson

Lucia Patterson was born and raised in New York. She is a passionate blogger and also a contributor writer at 7Best Things, Lawyers Inventory, Lawyers Note, The Legal Guides, Gossipment, & GetMeSeen. As an admirer of history and art, she keeps traveling around to places that have a story to tell.

Marketing Mix – What Are The 4 Ps Of Marketing?

Having the best product in the market never helps if the company fails to get the word into the market. Your target customers should have a good idea of what you offer so that the company is able to develop its brand in the marketplace. They must know what you are trying to offer. However, the strength of your marketing mix is the important thing that will enable you to achieve your marketing goals. In this article, you will learn what a marketing mix is, its purpose, and how it works for different companies in different situations. In addition to that, we will also discuss how the marketing mix is performed with the help of the 4P structure, as well as the 7P structure. Finally, we will also discuss some other essential marketing tools. Hence, to find out more about the marketing mix read on through to the end of the article. What Is A Marketing Mix? According to Indeed.com, “A marketing mix includes the tactics and tools you use to market your company’s offerings and influence customers to buy them. The best marketing mix is one that uses up-to-date market research and data-driven strategies to reach customers and drive sales.” In some cases, to develop a marketing mix for your business, you might need to change your current marketing strategy. If your marketing mix is not in a continuous state of flux, you must be doing something wrong with your marketing strategy. You will need to understand that just because something worked for the business to get more customers ten years ago, or even three years ago, might not work at the present time. Hence, you will need to consistently assess your target audience from time to time. Apart from that, you must also evaluate your marketing tools as well as the marketing plan you use for the execution of the marketing process. In a comprehensive marketing plan, there are multiple areas of focus if one takes the marketing mix into consideration. In most cases, a company’s marketing mix is classified into 4Ps - product, placement, price, and promotion. Read More: Market Orientation – What Is It, And How Does It Work? Why Is Marketing Mix Important? According to Investopedia, “At its core, a marketing mix is focused on promoting a product or service to generate revenue for a company. On the whole, it integrates key marketing strategies that create brand awareness, build customer loyalty, and drive product sales.” Rather than running through only one marketing message, effective marketing touches on various broad ranges. This helps the brand to reach a wider audience. Furthermore, with the help of the 4Ps of marketing, it becomes easier for marketing professionals to maintain more focus on the major things that matter. It also gets easier for organizations to make more strategic decisions when they are launching a new product or revising an existing product. What Are The 4Ps Of Marketing Mix? The following are the four P classifications of the marketing mix strategy in business: 1. Product This is the product or service that the business offers to satisfy the needs and demands of customers. To market the product, the company needs to determine what differentiates it from competing products. 2. Price Here, the business needs to find out what the actual price of the product is and what the consumers are willing to pay based on the demands of the product in the market. Marketers also find out the costs based on R&D, manufacturing, marketing, and distribution so as to do cost-based pricing. 3. Placement It is also important for marketers to find out the type of product they are trying to sell to the consumers. They need to determine whether they want to categorize the product in the basic or premium category. 4. Promotion These include the forms of marketing practices the marketers are willing to employ to promote the product in the market. Here, the budget is one of the major factors to consider. In addition to that, marketing professionals also construct a message based on the previous three Ps as they try to reach their target consumers. What Are The 7Ps Of Marketing Mix? (Three More Ps) Here are the three more Ps that are also used in a business’s marketing mix: 5. People People include the employees that are interacting directly with the consumers. In such cases, a business might consider showcasing a positive company culture, which becomes a part of their brand strategy. Many companies also include customer relationship management to increase customer loyalty. 6. Physical Evidence Physical evidence might include the packaging of the product, as well as the structure and layout of the physical store. This is done to create a strong impression on the customers. 7. Process Here, the marketers identify areas from the standpoint of logistics so as to ensure that customers are provided with a seamless experience of the product or service. Other Helpful Marketing Tools According to Investopedia, “Not all marketing is product-focused. Customer service businesses are fundamentally different than those based primarily on physical products, so they often will take a consumer-centric approach that incorporates additional elements to address their unique needs.” In addition to all the seven Ps, marketers also consider some other elements in their marketing strategies. Some of them include furniture, signage, and layout. In addition to that, marketers also study the needs and demands of customers (both present and future possibilities). To do this, they get feedback from customers and define the type of feedback. Read More: Market Cannibalization – Definition, How Does It Work, Example, And More Wrapping Up The marketing mix is one of the most essential requirements for a brand if it wants to successfully promote its products and services in the marketplace. As per the strategy, companies make use of four Ps, namely, product, price, placement, and promotion. The ultimate goal of working with a marketing mix is to generate more sales for the business. In addition to the four Ps, in some cases, three more approaches are integrated, namely, people, process, and physical evidence. This is done to reinforce a marketing strategy that is more centered on customers. Do you have any more information to offer related to the marketing mix? Share your information with us in the comments section below. Read Also: Marketing Campaigns: How To Do It? – Steps To Follow What Is A Venture Capitalist, And What Are Their Functions? Project Management: What Is It? – Major Types, Examples, And More

Webinars For Marketing: A Powerful Strategy For Ceos To Boost Business

Creating something new is always exciting. Entrepreneurs are the pioneers of newness. They have their vision and try to implement it into reality. In our society, the dream comes true when you execute it with passion and intention. This is so true for CEOs who are eager to change! Well change is the only constant in the business processes, and a CEO needs to understand it if they want to boost their business. In this rapidly evolving digital landscape, CEOs must harness the power of digital marketing. Innovation is the key to business success, and retaining the attention of the audience is a must to gain a competitive edge. Businesses that provide ceo jobs also seek a person who can give them the unparalleled ability to foster connections and industry trends and position the company at a certain level where consumers would prefer it. A highly engaging audience would always prefer to picture and absorb insights about your services and products. This is where the importance of webinars comes in! Ways To Create Effective Webinars For Marketing Webinars have become an indispensable marketing tool for businesses of all sizes. It's an effective way to connect with your audience, build brand awareness, and generate leads. However, creating a successful webinar is not as simple as hitting the record button. To make your webinar stand out, you need to plan, prepare, and execute it flawlessly. Here, we will explore some proven ways to create effective webinars for marketing to help you boost your business. From setting goals and objectives to crafting a compelling presentation, we will cover everything you need to know to create a winning webinar. As a CEO, you must follow all these steps to ensure that you have engaged your audience properly to leverage your business process. So, let's dive into the realm of marketing through Webinars! Define Your Goals And Objectives As a CEO who wants to boost your business through webinars, it's essential to define your goals and objectives beforehand. Having a clear understanding of what you want to achieve will help you tailor your webinar's content and format to meet your specific needs. Are you looking to generate leads, educate your audience, or promote a new product/service? Knowing your endgame will help you plan your webinar more effectively and deliver a compelling presentation that resonates with your target audience. So, take a step back and consider your objectives before diving into the planning process. Know Your Audience Understanding your target audience and what they care about is crucial for the success of any business, including yours. As a CEO, it's important to conduct thorough research to learn your audience's pain points, preferences, and interests. With this information in hand, you can craft a compelling webinar topic that resonates with them and addresses their needs. By doing so, you can capture your audience's attention and increase the chances of generating leads and driving business growth. Consider The Right Format Webinars come in various shapes and sizes, from panel discussions to live demos and Q&A sessions. Selecting the right format is crucial to ensure that your webinar aligns with your goals and caters to your audience's preferences. The format you choose will depend on the type of content you want to present and the level of engagement you seek from your audience. For instance, if you want to showcase your product's features and benefits, a live demo might be the best format. On the other hand, if you want to discuss industry trends and invite experts to share their insights, a panel discussion might be more appropriate. By understanding your audience's preferences and the type of content you want to present, you can choose a format that resonates with them and increases the chances of success. Craft A Compelling Presentation Content is king, and to create a webinar that captivates your audience, you need a well-structured, informative, and engaging presentation. Your presentation should be designed to provide value to your audience while showcasing your brand's expertise and authority in the industry. To create a compelling presentation, start by defining your topic and outlining the key points you want to cover. Make sure that your content is relevant and tailored to your audience's interests and needs. Use visual aids such as images, graphs, and charts to support your message and keep your audience engaged. Remember that your presentation is not just about delivering information; it's also about building relationships with your audience. Take the time to understand their needs and concerns, and address them in your presentation. Show that you value their time and attention and that you are committed to providing them with value. Refine It As a CEO, delivering a successful webinar is crucial to boosting your business. To ensure that your webinar is a success, it’s essential to rehearse your presentation ahead of time. Rehearsing your presentation allows you to identify any weak spots, technical issues, or other problems that might arise. By rehearsing your webinar, you can address these issues before going live and make any necessary revisions to ensure that your presentation is flawless. Don't be afraid to make revisions if something doesn't seem to work. Tweak it until it's perfect so that you can deliver a compelling and engaging webinar that resonates with your audience. Remember, practice makes perfect! Promote It A fantastic webinar means nothing if nobody attends. So, develop a comprehensive promotional strategy to drive registrations and generate buzz around your event. Promoting your webinar is just as important as creating it, and without a solid promotional plan, you risk not reaching your target audience and missing out on potential leads. To promote your webinar effectively, start by identifying your target audience and understanding their preferences and online behavior. This will help you determine the best channels to reach them and tailor your messaging to resonate with them. Consider partnering with industry influencers or thought leaders to co-host your webinar and tap into their existing audience. This can help generate buzz around your event and expand your reach. Engage Your Audience Keeping your audience engaged throughout the webinar is crucial to its success. Encouraging interaction by asking questions, conducting polls, and inviting attendees to share their thoughts via chat or social media is a great way to keep them engaged and interested in the content. As a CEO, it's important to actively engage with your audience and respond to their questions and comments to build a relationship and establish your brand as an authority in the industry. By fostering a sense of community and engaging with your audience, you can make your webinar more memorable and increase the chances of generating leads and driving business growth. Follow Up To Analyze Results Is the webinar done and dusted? Well, not right now! You are far from it being completely over! After the job is done, it's time to follow up on the whole process. Find out the attendees and send them a thank you email. After that, review the engagement metrics, feedback, and any leads coming from it. To drive tangible results to your effective webinars, put in the necessary efforts it deserves. All the best to harness the power of webinars! Read Also: What Is A Bear Hug? Let’s Discuss The Benefits Equity Theory: A Balancing Act For Modern Workplaces What Is A Distribution Channel? Essential Things To Know About It

What Is a Bear Hug? Let’s Discuss The Benefits

Bear hug refers to the takeover tactic where one company makes a generous offer to acquire another company. The offer is usually higher than the current market value of the target company's shares. This proposal is made directly to the target company's board of directors or shareholders. With the aim of convincing them to sell the company. It is one of the business tactics to make people realize their requirements to meet their goals with complete ease. You should ensure that the scope of the margin of error must be less. Avoid making your selection or choices of the companies in the dark for acquisition. The intent behind a bear hug offer is to persuade the target company's leadership to negotiate a deal. Sometimes, it's used as a strategy to initiate discussions and negotiations for a friendly acquisition, avoiding a hostile takeover. Develop your distribution channels properly. What Is a Bear Hug? In business, a bear hug refers to a takeover tactic where one company makes a generous offer to acquire another company. The offer is usually higher than the current market value of the target company's shares. This proposal is made directly to the target company's board of directors or shareholders with the aim of convincing them to sell the company. Benefits Of Bear Hug There are several benefits of the Bear hug that you must know your requirements while meeting your needs with complete ease. You should not make any of the wrong attempts to meet your needs with ease. 1. Team Building A figurative "bear hug" in business symbolizes a strong, supportive team environment, fostering camaraderie and teamwork. You need to develop a strong team for your business that can help your business to grow further. 2. Enhanced Morale Offering support and encouragement akin to a bear hug can boost employee morale, creating a positive work atmosphere. The positive morale of the employees can help you to reach your goals with complete ease. It can boost the chances of your brand value to the next level. 3. Improved Communication Embracing the team's ideas and efforts metaphorically in a bear hug encourages open communication, where everyone feels heard and valued. The communication skills of the employees will improve the process of communication to a great level. Seek the help of a digital marketing consultant in this regard. 4. Increased Loyalty Expressing appreciation and support for employees can build loyalty and commitment to the company's mission and goals. The loyalty programs will help you to build a positive image of your business in the long run. 5. Conflict Resolution A figurative bear hug approach can diffuse conflicts by promoting understanding and cooperation among team members. Conflict resolution forms an essential part of business development in the long run. It can help you to build a clean organizational culture within your organization. Seek the help of a strategy consultant to keep things in the proper place. 6. Enhanced Productivity When employees feel supported and valued, they are more likely to be motivated, leading to more productivity and efficiency. The productivity of the employees will rise due to the presence of this bear hug. It shows a method of appreciation towards the best employee within your organization. Similar kinds of information is available in Investopedia. 7. Positive Work Culture Embracing a culture of appreciation and support in business, akin to a bear hug, can attract and retain top talent. Developing a positive work culture within an organization plays a vital role in business development. 8. Customer Relation Extending a metaphorical bear hug to customers by providing exceptional service and support can foster strong, long-term relationships. Long-term customer relationship is possible with the application of the bear hug in the process of customer retention. How Does Bear Hug Work? You must be well aware of the working mechanism of the bear hug. It can help your business to grow at a rapid pace. Try making the correct choices at a specific point in time. Some of the key factors to know the reality are as follows:- 1. Aggressive Offer The acquiring company offers a price significantly higher than the current market value of the target company's shares. This offer is often made public to attract attention and pressure the target company into considering the offer seriously. 2. Appeal To Shareholders By directly approaching the shareholders with this lucrative offer. The acquirer attempts to bypass the target company's management decisions and board of directors. They aim to convince the shareholders that selling their shares at the offered price would be in their best interest. 3. Forcing Consideration The aggressiveness of the offer can sometimes create pressure on the target company's management and board to seriously consider the proposal, even if they are initially against the idea of a merger or acquisition. 4. Negotiation If the bear hug offer is taken seriously, negotiations between the two companies commence. The terms of the acquisition or merger, including price, management structure, and other conditions, are discussed and refined during this stage. 5. Outcome Depending on the negotiations, the target company might accept the offer, reject it, or negotiate for a higher price or better terms. Sometimes, even a rejected bear hug can lead to future negotiations or a change in the target company's strategy. Bear hugs in the business world can be controversial because they can put significant pressure on the target company and its shareholders, often leading to heated debates and intense negotiations. Final Take Away Hence, if you want to apply the bear hugs in the process of your brand development, then you must consider the above factors at your end. Try out the best options that can make things easier for you in attaining your career goals with ease. You can share your views as well as comments in our comment box. It can boost the chances of your brand development to the next level. They are strategic moves aiming at acquiring control or merging with another company but can sometimes result in hostile takeovers if the target company's management strongly opposes the offer. Need More Business Knowledge Click Below!! NetReputation Reviews: Is It Good For Your Business? What Are Distribution Channels In The Context Of Business? The Best Reputation Management Companies – How To Choose One?

Market Segmentation: Definition, Types, Benefits, And More

Marketing is only successful for a company when the company markets to the right people in the right way at the right time. This is where market segmentation comes into play. It helps businesses tailor their sales campaigns and marketing plans to target niche customers while making the promotion engaging and the product appealing. Businesses do market segmentation to narrow down their target market. In this article, you will learn about market segmentation and how it works for businesses. Next, you will also learn about the major types of market segmentation that marketers use for promoting products and services. Finally, we will also look at some of the major benefits and limitations of market segmentation. Hence, to learn more about this marketing strategy, read on through to the end of the article. What Is Market Segmentation? According to Investopedia, “Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.” Here, the marketers of a company first find out the target market and then divide the market into small groups and subgroups. In this case, consumers in the small market segments share similar interests, needs, and characteristics. As a marketer, if you target a small group of a large market, you will be able to connect with consumers who are more likely to pay for products that appeal to them directly. Basically, if you use market segmentation, it will be easier to manage a large audience and segment them to create a personalized and targeted market experience. With market segmentation, as a marketer, you will be able to focus more on your marketing efforts towards your individual customer segments. This will help you to cater to the specific desires and needs of your target customers. Read More: What Is Continuity In Business, And Why Is It Important? How Does Market Segmentation Work? According to G2.com, “Market segmentation aims to introduce a tailored message that will be received successfully. This is advantageous for companies with a product or service in the marketplace that boasts multiple benefits or uses for different types of customers. Accept the fact that you can’t be everything to everybody, and as a marketer, you can’t solve everyone’s problem or appeal to every single person.” Hence, market segmentation is a useful and effective growth strategy that marketers implement to reach strongly with their offerings to the target audience. To identify different market segments within a market, companies use three criteria - The segment’s common needs (Homogeneity) The uniqueness of the group from others (Distinction) A similar response to the market (Reaction) Let’s take an example of an apparel store having different market segments for football players and basketball players. Being part of different groups, football players and basketball players respond to different advertisements. If the apparel company understands the uniqueness of these two different market segments, branding will be easier for them. What Are The Types Of Market Segmentation? The following are some of the major types of market segmentation that marketers implement to find out their niche market: 1. Demographic Segmentation Here, companies break the market segment into common demographics based on gender, age, income, race, education, occupation, and more factors. With this segmentation, companies assume that individuals belonging to similar demographics have similar needs. This is one of the most common methods of market segmentation. 2. Geographic Segmentation Here, the marketers segment a particular population based on factors like physical location. In this case, they assume that people living within a given geographical area have similar needs. It is a great strategy that larger companies use if they want to open new branches in a new place or want to expand their operations. 3. Psychographic Segmentation Here, the company tries to segment a population based on personality, lifestyle, opinions, and interests. This makes it one of the most difficult market segmentation approaches. This is because these are difficult to achieve since objective data are not available on these traits, and these traits change easily. However, if done properly, these provide the strongest results. 4. Behavioral Segmentation In this case, marketers depend a lot on consumer actions, market data, and the consumers’ decision-making patterns. Here, the grouping of the consumers is done based on how they have previously interacted with markets and products. The previous spending habits of the consumers show what they actually want. What Are The Benefits Of Market Segmentation? According to Shopify.com, “It’s easier to reach, target, and engage customers with a niche business that specifically appeals to a segment of the market. Use this strategy to identify the most profitable segments for your business. Remember, market segmentation isn’t a one-off activity, as consumer preferences change and new competitors emerge.” The following are the major benefits of market segmentation: Better resource efficiency The brand image gets stronger It creates a higher potential for brand loyalty Targeted advertising is better Market differentiation is more effective What Are The Limitations Of Market Segmentation? The following are a few limitations of market segmentation that you need to be aware of: The upfront marketing expenses are higher, as companies spend a lot on gaining data. Since a large market is under consideration, the product-line complexity increases as a result. Misassumptions are common, and this creates a lot of risk for marketers. The process of market segmentation can only be done if the data is reliable. Hence, it depends a lot on the source of data. Read More: Business Continuity Plan – What Is It, And How Does It Work? Wrapping Up With the help of market segmentation, marketers try to identify targeted groups of consumers so as to tailor their own products and services to make them attractive to the customer group. The segmentation is done in four main ways - demographically, geographically, psychographically, and behaviorally. With the help of market segmentation, companies can minimize their risks by finding out which products are the ones that are most likely to earn the attention of the target market. What do you think is the most important benefit of market segmentation? Share your opinions with us in the comments section below. Read Also: Marketing Mix – What Are The 4 Ps Of Marketing? Market Orientation – What Is It, And How Does It Work? Market Cannibalization – Definition, How Does It Work, Example, And More

Text Marketing Made Easy: Slicktext’s Innovative Services

Why Text Messaging?

How To Leverage The Power Of Text Messaging

What To Put In A Text Message