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Motivating Moments...in a Minute!
April 10, 2007

  • 10 Marketing Tactics Under $10
  • Networking Moments at HWCOC's "Business Over Breakfast"
  • West Houston Assistance Ministries (WHAM) needs our help
  • How To Retain Your BEST Employees
  • Inspirational Quote of the Day
  • WELCOME...to our new Motivating Moments newsletter. I am glad you are here and I hope you enjoy these thoughts and ideas. Please let me hear from you if you have a special topic.

    My personal goal is to keep you informed of critical and not so critical news. This newsletter is filled with good ideas for increasing your sales opportunities.

    I hope you will take the time to share any future topics you have an interest in.

    Joe Stiles

    Joe Stiles 281/381-1414 or joe@joestiles.com
  • 10 Marketing Tactics Under $10
  • Guest Columnist

    Al Lautenslager
    www.market-for-profits.com

    Will you invest $10 toward your success?

    Instead of putting a 39-cent stamp on an envelope, put 39 1-cent stamps on the front of an envelope. One of the principles of direct mail is to stand out to get the attention of the receiver so your mail isn’t thrown away or ignored. Attention, interest, desire and action lead to a successful direct-mail program. And anything you can do to get attention increases the probability of action being taken. Best of all, in this case, you won’t even rack up any additional costs.

    Every month, give customers a chance to win a free lunch, compliments of your business. Everyone likes a chance to win things. An incentive like a $10 gift card for lunch at a local restaurant might be enough to influence a customer to order from you now, rather than later, or choose your business instead of your competition.You could also consider other offers, like a Starbucks or gas card. You’ll probably want to offer a full tank of gas, though, which would mean upping your price a little—a few gallons doesn’t sound all that appealing.

    Make a donation to charity for every purchase made during a particular month. If your orders average more than $100 each, donate $10 per order. If that doesn’t make sense for your prices, find another dollar amount that’s a good fit. Your donations will be well worth it if they accelerate orders or increase volume.

    Use lottery tickets as incentives for referrals. You could market your giveaway as a chance to win a million dollars (or whatever the grand prize is for the lottery in your area) for all referrals received during a particular period of time.

    Hold a contest for prospects and customers. How about “Guess the serial number on a $10 bill and it’s yours”? It’s not a lot of money, but people who stop by your place of business will have fun and will remember the contest. And if they win, they’ll tell people about it--even for just $10.

    If there’s still penny candy available, $10 will buy 1,000 pieces. If not, you can still get quite a bit for a small investment. Including candy in your invoices makes companies remember you. Typically, the people who handle accounts payable don’t get the attention buyers get, so even the least little bit of attention could go a long way in a company. Include two pieces--one for the receiver and one for the receiver to give away. This isn’t huge materially, but it’s the thought that counts.

    For $10, you can hire a student, a niece or nephew, or a friend’s teen to picket your business with a sign protesting something positive. It may sound silly, but having a picketer outside your place of business with a sign that reads something like, “We’re protesting good customer service at this location!” or “This place is full of nice people,” will get you noticed. You may even get coverage from the local media.

    On a toll road, pay the toll for the car behind you, and ask the toll collector to give your business card to the car’s driver and tell him or her you paid the toll. Sure, it’s a crapshoot, but you never know who might be on the road. And it’s a low-cost tactic that has imagination written all over it. If the toll is $0.50, you can do this 20 times for your $10 marketing budget. Chances are good that at least one or two of those 20 people will contact you.

    Show up in person with a cookie for the receptionist at a client or prospect’s office. The thing is, customers and prospects love attention. Drop in and visit a few of your customers and just say you’re stopping by to brighten their day. You can’t do this with 1,000 customers, but you can do it with 10 or 20. And sometimes those 10 or 20 can be enough to supply you with just the right orders to meet your monthly goal.

    Advertise using fliers. At an average cost of 2 cents each, $10 will buy 500 printed fliers. You can use them to canvass a targeted area, include them in packaging and delivered orders, hand them to walk-in customers or mail them to a targeted list. Better yet, get your fliers to 100 people, five times each, and the power of frequency will increase the probability of a response. But make sure you have the right message, the right offer and the right target. Also keep in mind that many printing or office-supply companies often offer specials on copy pricing. If you can’t find any specials, offer a fusion marketing arrangement to do a joint promotion with a printing supplier.

    The above was reprinted with permission from Al Lautenslager. The article first appeared in www.entrepreneur.com. Be sure to look for Al's book Guerilla Marketing in 30 Days at Amazon.com or your favorite bood store.

    www.joestiles.com
  • Networking Moments at HWCOC's "Business Over Breakfast"
  • Do you know how to REALLY network?

    Join the Business Over Breakfast meeting of the Houston West Chamber of Commerce (www.hwcoc.org) at 7:15 AM in the Memorial Hermann Memorial City Hospital at 921 Gessner (be sure to enter from the Frostwood entrance)

    BUSINESS OVER BREAKFAST 2007 CALENDAR

    APRIL 18th

    A Fun-Filled Networking Workshop - Hands-on practice of your networking skills.

    RSVP to www.hwcoc.org

    If you are looking for a great networking opportunity, how about your local chamber of commerce. It is a great place to give something back to your community and to others for their business. For more information, go to www.hwcoc.org

    http://www.joestiles.com/
  • West Houston Assistance Ministries (WHAM) needs our help
  • Joe Pic 3 Can you help support WHAM?

    TRISKAIDEKAMANIA MAKES GOOD FORTUNE FOR CHARITY

    The infamous number celebrated with a day of collecting donated goods for needy families The reverence and love of the number 13, also known as triskaidekamania, is the focus of the West Houston Assistance Ministries, Inc. (WHAM) donation program.

    Lucky Friday the 13th Donation Day is being held Friday, April 13, from 9:00 a.m. until 6 p.m. in the Second Blessing Store, 3100 Rodgerdale (west of the Beltway and north of Richmond and Rodgerdale).

    Those persons who specifically donate what the store needs will be eligible to receive a coupon for a special discount in the store, good for Friday and Saturday, April 13 and 14. Those items needed that will generate a special discount certificate are food, furniture, or linens (towels, sheets, or blankets).

    “We decided long ago that thirteen is a lucky number,” says Willie Duckworth, Second Blessing Store manager. “We are not superstitious at WHAM because it’s everyone’s good fortune to shop here. So, we designed Lucky Friday the 13th Donation Day to give each person who donates an opportunity to shop with us, too.”

    The greater Houston area may see more triskaidekamania this summer at WHAM. July is when the next Friday the 13th will occur.

    The Second Blessing Store is a resale store that offers quality items at lower prices while supporting WHAM programs such as Clothing Vouchers, Back-To- School Supplies Drive, Holiday Toys, Adopt-A-Family, and many others. Second Blessing store is celebrating its 25th year of service to Houstonians as a modern, quality resale store with old-fashioned customer care. Donations help support the WHAM programs that assist children, families, and homeless individuals in need.

    The WHAM mission is to love and provide for those in need. Thank you for your generous donations and contributions.

    We invite you to visit WHAM online at www.whamministries.org.

    www.joestiles.com
  • How To Retain Your BEST Employees
  • Guest Columnist

    Hal Jay
    www.hriinnovations.com

    As Baby Boomers retire and fewer workers are available to replace them, retaining the best employees becomes more important. Retention takes on more significance to HR professionals, who see most sharply the toll turnover takes on a business: loss of efficiency, higher production costs, long searches, loss of job knowledge and lack of security among remaining employees. In a third annual poll that the Society for Human Resource Management conducted on job retention, HR professionals said that an average of 12 percent of their workforce had

    Here are 10 tips for retaining key employees in this competitive job market:

    • Select the "right" employee for the right job
    • Compensate fairly and make sure benefits keep pace with the market
    • Train managers to be clear about their expectations
    • Seek employees' ideas on how best to do their jobs
    • Provide new challenges
    • Encourage employees to contribute their expertise outside of their general skill areas
    • Cross train to give employees a broader range of skills
    • Give feedback frequently
    • Ask key employees to help recruit
    • Say THANK YOU for a job well done

    The above tips were published in the monthly newsletter of Hal Jay of HR Innovations. If you would like to subscribe to Hal's monthly newsletter, let him hear from you at haljay@hrihouston.com

    Are you looking for new new business development opportunities? Be sure to ask me about the Lunch & Learn Program or the Private Label lending program and how it benefit you...directly.

  • Inspirational Quote of the Day
  • Share this Pearl of Wisdom with your best friend

    From...Dale Carnegie

    Success is getting what you want.

    Happiness is wanting what you get.

  • Fun, exciting and motivational programs
  • When you need a mortgage banker that works as hard as you do, let me introduce you to MORTGAGE FINANCING WITH...STILE

    Would your office benefit from a short, exciting and motivational program? Ask me about these programs for your office.

    • Soaring with the Eagles vs. Pecking with the Chickens
    • Referring a Referral - where to find the "best" referral sources
    • Your 30 Seconds of Fame - Mastering Your Elevator Speech

    Learn More

       
    JOE STILES
    Network Funding, LP
    9700 Richmond Ave.
    Suite 320
    Houston, TX 77042
    281/381-1414

    JOE STILES has over 20 years mortgage experience and lives in West Houston with his wife, Linda, a dynamic professional speaker and communications trainer (www.lindastiles.com). Joe earned a BBA degree in Marketing from the University of Houston/Downtown, where he was awarded membership in the Phi Kappa Phi and Beta Gamma Sigma honor societies. Joe is also a graduate of the School of Mortgage Banking at Northwestern University. Joe remains active in the Houston community through Second Baptist Church and numerous civic organizations.

    Joe frequently speaks at many Houston-area organizations and firms on Credit Scores, stolen IDs - Prevention & Cure and several other funny and motivating topics.

    Network Funding is a Houston, TX based mortgage banking firm that has 160 branches in 32 states.

    DO YOU HAVE A REAL ESTATE RELATED QUESTION? LET ME HEAR FROM YOU VIA MY WEBSITE BLOG