Marketing

Text Marketing Made Easy: Slicktext’s Innovative Services

Lucia Patterson

Marketing

Published on: August, 08 2023 Last Updated on: September, 09 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, Essay Writing Guides, The CBD Magazine & GetMeSeen. As an admirer of history and art, she keeps traveling around to places that have a story to tell.

Market Cannibalization – Definition, How Does It Work, Example, And More

Market cannibalization is one of the worst things that a business can face with its products and services. It mostly happens when a company comes in with a new product for the market, and because of this, the demand for its original product starts to decline. This leads to the business experiencing losses not only in sales but also in revenue and market share. Hence, due to this fear, many companies hesitate to develop new products. In this article, you will also learn about market cannibalization, how it works for businesses, and the ways in which it affects a business’s market as well as its product line. We will take a look at the phenomenon with the help of a simple example. Finally, we will provide you with tried-and-tested steps to prevent market cannibalization in business. Hence, to learn more, read on through to the end of the article. What Is Market Cannibalization? According to Investopedia, “Market cannibalization is a loss in sales caused by a company's introduction of a new product that displaces one of its own older products. The cannibalization of existing products leads to no increase in the company's market share despite sales growth for the new product.” It works in most cases where the earlier product, as well as the new product of the business, share a common base of customers. It can also happen when a fast food outlet or chain store loses its customers after a store of the same brand starts operating nearby. It also happens when the new product is almost the same as the product that is already existing. Both these products have the same target audience. However, the introduction of the new product in the market puts the existing products of the business out of the market. This, in turn, affects the business a lot, as the business faces stagnant growth in the market despite an increase in sales of the new product it launched. Despite enticing new customers with the new products, the phenomenon results in attracting the already existing customers towards the new product as well. As an outcome, the sales and growth of the company get a major hit. Read More: Market Orientation – What Is It, And How Does It Work? How Does Market Cannibalization Work? According to Indeed.com, “Even with a detailed marketing plan, cannibalization may occur depending on how the general customer base reacts to the new product. Whether or not the products are competitive, customers may prefer the new one. A common reason why this happens is that two products may be too similar.” Let’s say a technology company sells smartphones. And they introduce a new one which is similar to the old one. The customers that were attracted to the old one now start liking the new one and purchase it. Hence, the new product was sold at the cost of the sales of the old one. Therefore, although the new product got major sales, the sales of the old product were affected. Hence, there is no increase in sales of the company. In fact, considering a new product was launched, the sales actually got affected. In various marketing campaigns, companies unintentionally, however, discourage their existing customers from using previous products. The tone of the marketing here suggests that the product has become obsolete as compared to the new one. Example Of Market Cannibalization Corporate Finance Institute gives a simple explanation of market cannibalization - “There are certain situations where market cannibalization cannot be avoided. For example, we now see tons of department stores that operate as online businesses as well. The store owners already understand the risk that its online sales can jeopardize those of its brick-and-mortar stores.” Let’s take an example of a well-known company - Apple Inc. When Apple releases a new iPhone with new features, it never shies away from explaining why the product is better than before. Furthermore, the company also ensures that the new iPhone reaches all Apple stores throughout the world. Hence, many people are attracted to the new one since they know that the latest one is better than the previous one, despite it being more expensive. As a result, the sales of the older iPhones start dropping. However, Apple makes up for this loss amazingly. It increases the price of the new one and also captures the current customers of its competitors. This helps in increasing Apple’s customer base. How To Prevent Market Cannibalization? - Steps To Follow The following are some of the major steps that you will need to take if you want to prevent market cannibalization in your company: 1. Determine Your Market Goals Before launching a product, have a clear idea of what are your goals with that. What do you want to achieve - customer loyalty? eliminate competition? filling a market-gap? - Find out through research. 2. Analyze Your Market Never ever launch a product without properly understanding your customers’ behavior and market dynamics. Always research the performance of your existing products and how much do customers like them. 3. Test Your Customers Before Extending The Product Find out your potential customers, and test the product beforehand. Ask for genuine feedback from the customers. You can do so by surveys, interviews, experiments, etc. Validate your assumptions based on results. 4. Monitor The Product’s Performance Monitor the performance of the product after its initial launch. You can use various metrics like - customer satisfaction, market share, profit, sales, etc., to evaluate the product’s extension. 5. Focus On Innovation Constant innovation and differentiation are required for your products if you want to avoid cannibalization. Keeping up with the needs and demands of customers might help. Read More: Matrix Organizational Structure – What Are Its Pros And Cons? Summing Up Hope this article was helpful for you in understanding the phenomenon of market cannibalization and how it affects businesses. In many cases, companies use it as a deliberate strategy to blow out competition, while sometimes, it results in the failure of the company itself to reach its target market. To stop market cannibalization from happening, consider following the aforementioned steps in the previous section. What is your opinion on market cannibalization, and do you have any recommendations to stop the same? Share your insights on the matter with us in the comments section below. Read Also: Matrix Organizational Structure – What Are Its Pros And Cons? Business Continuity Plan – What Is It, And How Does It Work? What Is Continuity In Business, And Why Is It Important?

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

4 Benefits Of Using A PPC Agency For Your Business

Paid advertising, also known as pay-per-click advertising, is among the most efficacious and efficient methods of directing traffic to your website and acquiring leads for your enterprise. However, managing a PPC campaign can be a daunting and intricate task that demands a considerable amount of time and expertise. That's where a PPC agency comes in. What does PPC stand for pay per click? Only you can see the dollar amount, but what are the benefits of havening these? Only dollar signs and amount does not show the actual advantages of having the PPC. What Are The Benefits Of Using The PPC Agency For Your Business? The PPC agencies are offering all types of PPC advertising forms which are beneficial for you. They will keep the PPC marketing effort under the same umbrella. These are beneficial when you are set up a long journey and also want to encompass all types of PPC marketing channels. Through the PPC optimization report, you will get an insight into whether you will get the PPC account and its performance. If there have been any dips or massive spikes in the performances you can check the PPC report and know where you will require the corrections. That’s all. Doing all the analytical work on your own is a little bit challenging, So if you want fast analytical reports, it will be better to take the help of paid search analysis business agencies. Here are four benefits of using a PPC agency for your business. 1- Expertise And Experience One of the primary benefits of working with a PPC agency is the expertise and experience they bring to the table. PPC agencies, like PPC Geeks, specialize in managing and optimizing PPC campaigns and have a team of experts who are up-to-date with the latest trends and strategies in the industry. When you work with a PPC agency, you can be sure that your campaigns are being managed by experienced professionals who know how to maximize your return on investment (ROI). They have a deep understanding of how to target the right audience, craft compelling ad copy, and optimize your campaigns for better performance. 2- Cost-Effective Many businesses are hesitant to work with a PPC agency because they assume it will be expensive. However, working with a PPC agency can actually be a cost-effective option in the long run. This is because a PPC agency has the expertise and tools to optimize your campaigns for better performance, which can lead to a higher ROI. When you work with a PPC agency, you can expect to see better results for your advertising spend. They can help you identify areas where you may be wasting money and make adjustments to improve your campaigns. This can lead to a significant increase in your ROI over time. 3- Time-Saving If you lack familiarity with the nuances of the platform, managing a PPC campaign can be a time-intensive endeavor. When you work with a PPC agency, you can save time and focus on other important aspects of your business. Why make the strategies for PPC campaigns when you can take help from the agencies? A PPC agency can take care of everything from keyword research and ad copy creation to campaign optimization and reporting. This allows you to focus on other areas of your business, such as product development, customer service, and sales. 4- Better Results Ultimately, the goal of any PPC campaign is to generate leads and sales for your business. When you work with a PPC agency, you can expect to see better results than if you were managing your campaigns on your own. PPC agencies have the tools and expertise to optimize your campaigns for better performance. The better results mean when you already have the written whole reports, you will know where the loose loops are and how to get over the situations. They can help you target the right audience, craft compelling ad copy, and make adjustments to improve your campaigns over time. This can lead to a significant increase in your conversions and ROI. Conclusion In today's digital age, PPC advertising is an essential part of any successful marketing strategy. However, managing a PPC campaign can be a complex and time-consuming process. By working with a PPC agency, you can take advantage of their expertise and experience to improve your campaigns and generate better results for your business. Are you thinking of taking the services from the PPC agencies? Then comment back to us and let us know about your experiences with the services. Read Also: What Are Social Media Apis And Why Do They Matter? Does More Censorship Guarantee For A Safer Internet Connection? How To Run A Social Media Campaign At A Low Budget For An Aspiring Entrepreneur?

Digital PR: The Gamechanger Of The Marketing Landscape

Digital marketing has changed the face of marketing and given small-to-medium enterprises (SMMEs) and start-up firms the opportunity to sell their products and services in the same manner as major corporations, hence it meets the definition of a game changer. Digital marketing really outperforms traditional marketing, such as advertising in magazines or newspapers, in that it allows you to track the success of your advertising and determine where you should focus more of your marketing budget. What Is Digital PR? Public relations techniques known as "digital PR" are used to advance and safeguard a brand's online reputation. In order to reach and engaging target audiences, it entails producing and distributing content, establishing connections with important influencers, and utilizing social media and other digital channels. Digital PR agency uses the power of the internet to reach a larger, more varied audience than traditional PR, which mostly relied on print and broadcast media. It also offers options for real-time engagement and two-way communication with audiences and enables more accurate monitoring of the impact of PR activities. Digital PR aims to improve a brand's reputation online, boost its exposure and trustworthiness, and increase website traffic and sales. Importance Of Digital PR In The Marketing Landscape A bigger and more diversified audience can be reached by firms via digital channels like social media, influencer marketing, and content distribution thanks to digital PR. Cost-effectiveness: Digital PR is more economical than traditional PR because it does not require costly print and television commercials. Measurable outcomes: Digital PR makes it possible to monitor and gauge the success of PR initiatives, enabling ongoing optimization and development. Real-time interaction: Digital PR enables brands to interact in real-time with their target market, enabling two-way dialogue and developing a sense of community. Integration with other marketing initiatives: To increase impact and reach, digital PR may be readily combined with other digital marketing initiatives like search engine optimization (SEO) and social media marketing. Building and keeping an online reputation: As customers are more likely to accept suggestions from reliable sources and influencers than commercials, digital PR is essential for both building and sustaining an online reputation for a firm. Key Components Of Digital PR Content creation and distribution: The creation and delivery of high-quality, pertinent, and interesting material are key components of digital public relations. These digital channels include blogs, infographics, videos, and social media posts. Influencer marketing: By collaborating with influencers who have a sizable and active following, a brand's message may be amplified, and it can reach new audiences. Social media engagement: Social media platforms give brands the chance to interact with their target market and instantly address queries, complaints, and issues. Influencer marketing: Influencer relationships are essential for the success of digital PR because they may aid a business by generating buzz, driving traffic, and establishing a reputation. Social media engagement: Reaching out to the media and pitching topics to journalists and relevant media outlets can help secure media coverage and boost exposure for the brand. Data and analytics: To evaluate the efficacy of PR initiatives and make wise choices, digital PR includes monitoring and tracking indicators, such as website traffic, social media engagement, and influencer reach. Brand reputation management: Digital PR includes keeping an eye on and maintaining a brand's online reputation, as well as handling any bad press and preserving the brand's reputation. Rise Of Digital Media And The Need For Digital Pr The development of digital media has significantly changed how companies interact with and reach out to their target markets. Consumers are spending more time online and consuming more digital information than ever because of the ubiquitous use of the internet and the growth of digital gadgets. As a result of this shift in consumer behavior, brands now have new opportunities to connect with and engage with their target audience via digital channels. As a result of the overwhelming amount of information customers are exposed to and their growing skepticism of conventional advertising, new problems have arisen. In this setting, digital PR has grown in significance as a means for firms to connect with their target market, establish credibility, and set themselves apart from their competitors. Digital PR gives brands the chance to reach new audiences, interact with their target audience in real-time, and establish and uphold a good online image by utilizing digital media. It may assist organizations in establishing themselves as thought leaders and gaining the trust of their target audience by producing and disseminating high-quality, pertinent, and engaging content, as well as developing connections with important influencers and media sources. Digital PR Tactics: Content Creation And Distribution: The production and dissemination of content are one of the most essential elements of digital PR. Brands can become thought leaders in their field and gain the trust of their target audience by producing high-quality, timely, and interesting content. There are numerous ways to present content, such as blog entries, infographics, films, social media posts, and more. Brands may reach a larger and more varied audience by distributing this information through digital channels like social media, email marketing, and content distribution networks. In order to extend the audience of content and secure media coverage, which can help raise visibility and boost website traffic, digital PR also entails the use of influencer marketing. Influencer Marketing: Another essential element of digital PR is influencer marketing, which enables businesses to partner with people who have huge and active followings in order to reach new customers and establish a reputation. Working with influencers allows brands to access their fan base, expand the reach of their message, and establish them as thought leaders in their field. Product reviews, sponsored content, and social media updates are just a few examples of the varied ways influencer marketing may be used. Influencer marketing may be a very efficient approach to reaching new audiences, raising brand awareness, and establishing brand reputation when done right. Social Media Engagement: An important element of social media engagement in digital PR is the chance it gives firms to interact in real-time with their target audience and establish a solid online reputation. Brands can interact with customers on social media to reach new audiences, address their concerns, and foster brand awareness and adherence. Brands can use social media channels to create and share high-quality, relevant, and interesting content, participate in influencer marketing campaigns, respond to customer questions and grievances immediately, and grow a loyal following. Media Outreach And Pitching: As they give brands opportunities to acquire media coverage and establish trust with their target audience, link-building and pitching are essential elements of digital PR. Brands may share their story, spread their message, and position themselves as thought leaders in their sector by contacting journalists, bloggers, and other media sources. Digital PR specialists need to have a thorough awareness of the media environment and be able to recognize the journalists and outlets that are most appropriate for their business. Measuring The Success Of Digital PR: Setting Goals And Kpis: A crucial step in gauging the effectiveness of digital PR campaigns is creating goals and KPIs. It can be challenging to evaluate the results and efficacy of digital PR activities without specific goals and KPIs. The following are some common goals and KPIs for digital PR: Increased brand awareness: Through digital PR, brands can aim to become more visible and connect with new audiences. Tracking indicators like website traffic, social media interaction, and media placements can be used to gauge this. Better reputation management: Digital PR can be utilized to improve a brand's online reputation and immediately address unfavorable comments. Tracking measures like sentiment analysis, customer reviews, and online mentions can be used to gauge this. Tracking And Analysing Metrics: Digital PR relies heavily on tracking and analyzing data since it enables marketers to gauge the success and impact of their initiatives. Brands may use metrics and analytics to continuously improve their outcomes and make data-driven decisions about their digital PR strategy. Some frequent KPIs used in digital PR include the ones listed below: Media placements: Tracking media placements, such as those in articles, blogs, and news stories, can give you an idea of how visible and well-known your brand is. Website traffic: Analysing website traffic, such as the number of unique visitors and pageviews, can give information on how well digital PR campaigns have been done at directing people to a brand's website. Social media engagement: Tracking engagement indicators on social media, such as likes, comments, shares, and follows, can help determine how successful a campaign is. Conversion rate: Analysing the conversion rate—the proportion of website visitors who complete an activity, like making a purchase or subscribing to a newsletter—gives information on how well digital PR works to encourage conversions. Sentiment analysis: Using sentiment analysis, such as keeping track of the tone of online comments and reviews, can give information about how the public views a business and how digital PR activities have affected reputation management. Conclusion: With technology evolving continually and new digital channels emerging, the future of digital PR looks very promising. To make the most of the technology in the marketing landscape, you must hire a digital PR agency and acquire its benefits. Read Also: How To Create A Powerful Business Continuity Plan? Top 5 Successful Serial Entrepreneur Of All Time – 2021 Updates How To Create A Powerful Strategic Marketing Plan – Step By Step Guide

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