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You are here: Home / Blogging / Sometimes Marketing Can Be Wasted Money

Sometimes Marketing Can Be Wasted Money

May 17, 2007 by Chris 9 Comments
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Now don’t get me wrong. I am not at all hostile to spending marketing dollars. In order to attract customers, they have to know you are there and what you have to offer.

However I just experienced an eye opening instance when money spent on marketing would have probably been a complete waste.

A Marketable Event

One of the primary reasons Gorgeous and I didn’t head right back to Savannah after SOBCon is that we had to come up to Wisconsin to finish cleaning out her father’s house. The plan was to have the mother of all rummage sales to get rid of it all.

As originally conceived the sale would run Thursday, Friday and Saturday and we expected it would take all three days to convince folks to pay us a token for the privilege of carting off Dad’s stuff. We’d have to either pay someone to remove whatever was left over, or add it to the U-Haul we’ll be driving back toward Savannah on Sunday.

Since we had three days to work with we made the strategic decision not to advertise the sale as is the custom in this part of Wisconsin. Factoring into that decision was the fact that Dad’s house is on the main drag in town. We figured there’d be enough traffic over 3 days that we could take the chance and forgo the mass marketing and just put one sign on the curb.

We miscalculated somewhat.

Rummage Sale Insanity

On a whim we started a day earlier than planned simply because Gorgeous was ready and the weather seemed to be cooperating. We figured there wouldn’t be much traffic on a Wednesday so I was going to help her drag all the stuff from the house and garage outside then head down to my coffee shop office for some work of my own.

Wrong.

Before we even got everything dragged outside or the sign up the first person was rummaging through the stuff. At 6:30 in the morning! And it was wall to wall people all day long. We didn’t get our first lull until after 2 in the afternoon.

We had people getting grumpy because someone else had claimed the particular “treasure” they wanted.

One guy got yelled at by a police officer because he ran through traffic across the street and nearly got hit by the patrol car.

A pickup-truck stopped in the street to take a look and nearly got itself rear ended by a couple teen agers who weren’t paying attention in the 25 MPH zone.

I ran down to the bank when they opened at 9 to get some small bills for change. (“I want this do-dad for a quarter but all I have is a $20. Can you break that?” Sheesh!) The teller at the drive through asked if ours was the sale on the main drag because she said she nearly hit someone crossing the street there on her way into work. I sheepishly apologized to her for the madness.

By the end of the day Gorgeous and I were completely exhausted. And we’d unloaded about 80-90% of the stuff we wanted to get rid of. And we had several hundred dollars to add to Mom’s account.

And we still have 3 days to unload the few things that we have left.

Marketing Dollars Saved

Ours happened to be an example where paying for marketing would not have improved our desired outcome measurably. Had we advertised the sale and seen the same results, we would have mistakenly assumed the ads were the reason yesterday was so successful for us.

Granted ours is a one time example that is probably atypical. I don’t mean it as a slam toward marketers.

But how often do we make assumptions about our marketing that may or may not be consistent with reality?

I guess the challenge is to take the time to test, measure, and evaluate our marketing efforts before we commit to a specific marketing plan.

That way we can know how our marketing efforts are affecting our bottom line rather than relying on faulty assumptions.

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Filed Under: Blogging Tagged With: Business-Blogging, Marketing

Comments

  1. Mike says:
    May 17, 2007 at 12:46 pm

    Hi Chris,

    Congratulations on your sale! In the days of eBay and collecting, it doesn’t take much to draw a crowd to a rummage sale. I have two book boxes with signs on 2 sides that I set out at the main drag near our house and the end of our street. It never takes more than 5 minutes for the cars to start rolling in.

    I think the lesson is that we often ASSUME a lot more about our customers’ behavior (and thus the need for marketing) than we should.

    Mike

    P.S. Have a safe trip back to GA

    Reply
  2. Chris says:
    May 17, 2007 at 1:07 pm

    Yeah, Mike. And we all know what happens when we assume, eh?

    Reply
  3. Mike says:
    May 17, 2007 at 2:05 pm

    Bingo, baby!

    Reply
  4. Mike says:
    May 17, 2007 at 2:05 pm

    I guess that Advertising guy rubbed off on me!

    Reply
  5. Lorelle says:
    May 17, 2007 at 4:23 pm

    Oh, this reminds me of the six yard sales we had getting rid of all our stuff before hitting the road full-time in our 30 foot trailer. Either they were lined up by the riot police because there were too many or we’d spend hours and hours with no one, and too many signs lining the roadway. It’s so exhausting.

    Sometimes word of mouth and visibility gets you more than any expensive ad campaign. Sometimes, too many ads, especially those up too long, are ignored because they think too many people are already attending or they have grown accustomed to seeing them and ignore them. That’s a big problem with web-savvy surfers. They are so used to the ads, they ignore them.

    Good point!

    Reply
  6. Chris says:
    May 17, 2007 at 4:30 pm

    Even so, Lorelle, I wonder what percentage of internet users are so savvy that they ignore all ads. I mean ads still work, don’t they?

    But without measuring their effectiveness we really can’t tell how successful they are.

    Reply
  7. April says:
    May 26, 2007 at 4:18 pm

    I think it proves a few things.

    First, bigger is not always better. In this case big advertisement would have been needless.

    Two, a good product will sell itself.

    Three, and most important IMO, just ’cause everybody else does it don’t make it the best way. You mentioned that the advertising strategy that you bypassed was customary in Wisconsin. I did the same thing when I started in the Real Estate business. Custom says to take out big print advertising when you start and when you list property. Nope, not gonna do that. Not gonna spend a dime on print until my internet presence is where it needs to be…best decision I ever made:)

    Reply
  8. Chris says:
    May 26, 2007 at 9:40 pm

    You go April! I think you are off to a great start with your blog and your web presence. I bet you get way more return on your marketing dollars the way you are going than your peers do with their traditional marketing techniques. :)

    Reply
  9. may says:
    March 15, 2010 at 2:48 pm

    i agree that sometime advertising can wasted lot of money, before we decided to advert our product we should know more about demograpic, market targeted, and what kind of media will we use. nice article, like to read it :)

    Reply

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