“Successful companies do not abandon their marketing strategies in a recession; they adapt them.”— John Quelch, Senior Associate Dean and Lincoln Filene Professor of Business Administration at Harvard Business School
In an environment where budgets are shrinking and the workforce is spread thin, we are all faced with a challenge on how to increase sales on a dime. Reduced budgets often equate to reduced marketing efforts, and reduced marketing efforts typically result in lost market share.
Losing market share is not an option if a business is to survive a recession. So to combat these concerns, MultiAd has developed new solutions that help organizations in many industries get their marketing message out more frequently, even with minimized spending limitations in place. By integrating MultiAd’s solutions into existing marketing processes, organizations realize a more streamlined and economical way of doing business.
One of MultiAd’s newest product offerings, Creator Select, provides the opportunity to customize marketing collateral instantly. This allows for more fluid marketing without the high costs of recreating materials. This also provides the opportunity to localize documents—clients can change their imagery, pricing or contact information based on the market they are communicating with. Because Creator Select was developed leveraging our 10 years experience in developing custom solutions, it is an affordable tool that can be launched within a few weeks.
Just as important as the collateral created, is printing and distributing that content. With localized materials, mass quantities are not an option and printing small quantities is typically expensive. So often, organizations must print over what’s necessary in order to get that price break.
MultiAd’s expanded digital print solutions make printing reduced quantities affordable. They not only save money, but also help companies working to become more eco-friendly reduce their waste.
Within the publishing industry, many are faced with decreased advertising dollars and fewer subscriptions. Maintaining readership is necessary for acquiring advertising dollars, but again, shrinking expenditures make it difficult to accomplish.
With MultiAd’s new ePublish product, publishers can extend their readership online. ePublish creates an interactive reading experience for subscribers, allowing them to click on ads embedded in the publication, directing them to an advertiser’s website or even to a shopping cart. Furthermore, ePublish provides detailed statistics on reader behavior, which are beneficial not only to the advertisers within the publication, but also to the publisher to tailor future publications based on reader behavior.
Another MultiAd solution, SpeedyAd, provides the opportunity to reach new advertisers within the newspaper industry. It allows for self-service advertising so individuals can quickly create, place and pay for their ad all in one interface. It guarantees payment to the publication and streamlines the process of placing ads.
Between Creator Select, Digital Print, ePublish, SpeedyAd and our other valuable solutions, MultiAd is helping organizations save money while increasing exposure in a challenging economical environment.