Marketing Your Business: Make Your Promotional Tools Work Smarter

Through former business and employment roles, I haveTrust accounts are typically owned by well-heeled
previously serviced numerous marketingindividuals and corporations, often with millions of dollars
communications projects. My own personal pathheld "in trust" by a financial institution. A pension fund or
influenced my approach to design and execution, and Isome wealthy kid's inheritance would be two
learned several lessons along the way which you willexamples. A few hundred account holders might be
probably find valuable. Some of these lessons wereworth billions of dollars, and they wanted regular
acquired through business startup experiences thatreports (and I am certain that they wanted these
entailed bootstrapping as an entrepreneur; others werereports to look at least as good as the bank's marble
from servicing clients. There is little incentive forfloors). The solution? For that client, I preprinted a large
anybody in the business to tell you how to save bigquantity of multi-color layouts with stable information
money, and the tips that I plan to share with you dosuch as the name of the fund and the bank's logo, and
make a few jobs less profitable for certain producers.used a portion of these preprints for each update on
On the other hand, if you use this knowledge, they willthe part of the bank to its trust account holders.Here
R-E-S-P-E-C-T you!Rule-of-Thumb: The More Youare some other preprinting examples:Business cards
Print, the Lower the CostLet's start with an easyare often printed "ten-up," on a sheet of cover weight
concept: the more copies of an item that you print, thepaper. Suppose that you printed, in large quantities, a
cheaper each individual copy becomes (rule-of-thumb,fancy color logo on these sheets, but did nothing else. If
but of course there are exceptions). I'll use an extremeyou printed several thousand, you'd probably be set for
example, just to help you get your critical thinking capa while (for a much less expensive cost per printed
on and creative juices flowing. Suppose that you hire asheet). If you added a sales person to your staff, you
designer to create some business identity basics forcould then run some of these fancy sheets through a
your new company, e.g., a logo and some basicprinting press one additional time, printing only that
stationery items. Within the trade, there are guidebooksperson's name and contact information, as appropriate.
listing the going rates for these services amongFifty preprint sheets would yield 500 very nice
professional firms and designers. However, you will findbusiness cards, yet they would cost you only a
wide variation these days. This is because a desktopfraction of the amount of money that you would
computer, the right software, and enough talent canspend if you (naively) ordered them separately, starting
enable a designer who is less established, cheaper,from scratch with the print shop, each time.Pocket
and yet just as capable quality-wise to do a bang-upfolders are a staple for many business promotional kits.
job for a client.If you care to check out the story ofThese can be ordered in large quantities. Apply only
the famous Nike "SWOOSH" logo on the company'sthe logo to the front over. Have one of the inside
Web site, it serves as an example of what I mean bypockets "die cut" for business cards (with four small
"bang-up job" and "cheaper." Its designer, Carolineslits, typically on the right inside pocket). The business
Davidson, was a student who met Nike's founder, Philcard contact information and other pocket folder
Knight, while he was teaching an accounting class atinserts can carry the burden of keeping all of the
Portland State University. When she delivered the logoinformation, as a package, current. Pocket folders are
in 1971, she was paid $35.00. To Phil Knight's credit,usually very pricey, so if you use these in your type of
after Nike took off, he hired Caroline for many morebusiness, there are real cost advantages associated
projects and eventually rewarded her with anwith ordering these in a quantity that is as large as you
undisclosed amount of stock in the company as wellcan comfortably afford.The Concept of Salvaging
as other forms of praise and acknowledgement. (IMaterialsHere's a lesson I learned the hard way. Let's
admire an entrepreneur or anyone who is loyal; when Isuppose that we printed some letterhead with a layout
read this part of the story I was really impressed.)We'llsuch that a logo appears in near proximity on the page
use a $75.00 amount for a logo in this example (wewith other information that is liable to go out of date.
can assume there has been some inflation). And, we'llFor instance, at the top of the letterhead, centered, you
make this a two-color printing job. On a small printingplace a fancy foil-stamped, embossed logo, and
press, an ink reservoir will be filled with the first color,immediately below that, you place your address, phone
the first "pass" on the paper will be run, and then thenumber, or other information that is subject to change.
same thing will happen again with the next color and aEmbossing is a process whereby the paper is pressed
second pass of the paper through the printing press. Ifwith a three-dimensional shape, in this case your logo,
you have ever painted anything with a two-colorwhich raises the paper in your logo's own image; foil
design such as walls with a different trim color,stamping applies a metallic foil to the sheet (much like
perhaps around your house, you will immediatelyaluminum foil in your kitchen cupboard; however, it
recognize what I mean when I say that cleaning up thecomes in a variety of colors). Foil-stamping and
mess in between can be a chore if you are usingembossing are very expensive processes, especially in
some of the same tools. You have to clean thosesmall quantities. If some of your information does
tools thoroughly, or you're going to contaminate yourchange, there's not much you can salvage.On the
original colors. I've just alluded to the printer's problem.other hand, let's suppose that you designed your
Each color requires a "wash up" and ink changeoverletterhead such that your logo appeared centered at
procedure.I'll suggest that each ink color change isthe top of the page, as before, but your address and
$35.00. So far we've spent $145-still no stationery hascontact information was at the bottom of the layout,
been printed. We can now add the cost of paper; we'llas a footer. If some of your contact information
make it $20. Of course, the printer is going to havechanged, you could chop off the outdated information
some overhead costs; we'll call that another $20.on the bottom, and run the paper through the press
Although my prices are hypothetical, if you actuallyagain with current information. The end result could be
tried this you'd find that I'm not that far out of thesome monarch-sized letterhead (also known as
ballpark, by the way. We've spent $185.00, and no"executive" letterhead), or memo sheets, or at least
stationery has been printed.Now, since I told you thissomething that you have salvaged instead of throwing
would be extreme example to illustrate my point, let'severything away. Obviously, executing a salvaging
suppose that we print just one sheet of stationery: thatstrategy requires forethought.The Concept of
sheet will cost $185.00. At that price, it should be fit forGang-upsSometimes it can be economical to print on
a king! After you recover from the sticker-shock thatlarge commercial presses that accommodate larger
I've just subjected you to, let's look at what happenssheet sizes. I was previously involved with a company
when we increase the quantity. If we paid to run thethat printed poster-maps for various communities.
press for half an hour for, say, $15.00, we've nowThese posters carried advertising from various
spent $200.00 total. During that half an hour, we couldbusinesses in a given community. One of our early
print 1000 sheets of stationery (we already figured inpress runs was on a large press that used a sheet
paper cost, above). This would amount to a unit costsize that was big enough to carry the image of not
of twenty cents per sheet.At the above rates, weonly the posters for one such community, but several
could add $80.00 for another 4000 sheets of paperother items as well. On one large sheet, we printed an
and $60.00 for labor, and we'd have 5000 sheets oforder of posters, several full-color business cards, a
stationery for $320.00; that means each sheet ofpocket folder, post cards, and other promotional
printed stationery is now just over six cents, or lessmaterials for the company, such as "mini-posters" and
than one-third the unit cost of printing 1000 sheetsbrochures.It was a complex job, which was a real pain,
(which is a typical small business order). Wow!-what aaccording to the printer. However, I also earned the
difference.The Concept of Time and Informationprinter's respect since I had successfully planned the
InstabilityHere's another rule-of-thumb: If you print it,most innovative and efficient printing yield in the
something will change. You will change some thingscompany's history (the printing company was a large
voluntarily, perhaps. If you add a new toll-freecommercial press that was several decades old). I
telephone number because your business is growing,don't expect the average reader of this article to
that's great; however, now your business cards andpursue one of these types of jobs on his or her own,
stationery are out of date. In some cases, informationbut at least now you know about gang-ups. You can
will change without your knowledge or consent. If youask about using a larger sheet size and printing more
live in a high growth geographical area, you may finditems during the same press run. Further, in case you
that telephone area codes are changed. You'll get ahaven't noticed, my discussion above about ten
friendly, conciliatory letter from the phone company,business cards on a single sheet pertained to a simple
which ends with bad news: "tough." Next, your friendly"gang-up" example.More "Tricks of the Trade"There
postal service will notify you of a zip code change.are numerous other tricks of the trade that can be
Surprise-you need new materials. I have personallyapplied to the challenge of making your promotional
received these types of notices, and they are nottools work smarter for you and your entrepreneurial
pleasant news. For small business owners, theseenterprise. Even though I am no longer in the marketing
notices really have a sting to them.As businessescommunications business as a firm owner (having now
grow, lots of things tend to change. In practice, you'llmoved on to other pursuits on the Web, as a teacher,
find that most information is dynamic and unstable. Inspeaker and writer, et al), it gives me pleasure to
other words, you may change addresses, phoneaccomplish two things by writing this article: 1) I have
numbers, office locations, and add employees. If youexplained some ways that you can save money by
print a client list, you will want to update thatdesigning and producing smart promotional and identity
immediately after winning a prestigious new account. Imaterials; your image is extremely important, and these
don't want to be negative, but sometimes you mustmaterials carry, or will fail to carry, that image
sever relationships that are reflected in a client list aseffectively; and 2) I have (presumably) influenced
well. If someone doesn't pay you, I suggest that youreaders to treat their designers and firms with some
"disown" them from your list. Obviously, you had theadditional respect.The people who do the best work in
misfortune of servicing a deadbeat company. Eventhis area are true professionals. Despite any
though you were the victim, you just don't want yourstereotypes you may have, they are more than artists.
good name associated in any way with someoneA competent designer will work with you to convey
else's bad name.When it comes down to it, I haveyour marketing message effectively, and help your
found that one of the few things that will tend to bebusiness grow. He or she will approach this task with
stable is a company name, and a logo. You might notean understanding of how messages are created; what
that there are exceptions to this rule, too. If you aremakes them compelling, and memorable; and how
planning to evolve from a sole proprietorship and laterthese messages can best be displayed, produced, and
incorporate, you need to factor that in to your printingdisseminated. Good designers will also take additional
plans. If your name and logo fail due to reasons ofsteps to ensure the effectiveness of their work. For
marketing appeal, and you need to realign or otherwiseexample, they will subject their concepts to focus
reinvent your business and its identity message, wellgroups and additional research methodologies.As a
now you are in trouble.The Concept ofbusiness owner, your role is to communicate. Whether
PreprintsPreprinting static graphical or textual contentyou are talking to employees internally, speaking with
can be a partial solution to the problems associatedcustomers, or "pitching" to investors, you need to do
with information instability. I still am in a position to utilizethis with passion, conviction, and professionalism. If your
certain materials that I created years ago. I havepromotional materials are poorly conceived, designed,
thousands of very high quality preprinted brochuresand executed, you can expect to suffer the
with stable words such as, "A Few of Our Recentconsequences. However, let's end on a positive note.
Clients," printed on the front side. What's on the backBy making your promotional tools work smarter, you
side? Nothing, right now, they are blank. I can run off acan communicate more effectively, and ensure your
small quantity of these at any time. The price I paid persuccess.Dr. Robert Lahm is the founder of several
unit for these brochures was very low, because Ibusinesses and Web sites, an entrepreneurship
bought so many. Meanwhile, as for any given list itself,professor, a public speaker, and a writer. His typical
depending on who's on it and when it's printed, I cantopics include creativity and innovation, careers,
run these through a small press using one ink color,start-ups, and small business marketing. Webmasters
which appears along with all of the other colors in theand other article publishers are hereby granted article
finished product.Using a preprinting strategy is veryreproduction permission as long as this article in its
economical. I've done this for clients, too. I serviced aentirety, author's information, and any links remain intact.
banking industry client that needed to communicateCopyright 2005 by Dr. Robert J. Lahm, Jr.
with a relatively small group of trust account holders.