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Tough Economy? Make a Bundle!
http://www.businessmanagementdaily.com/articles/11507/1/Tough-Economy-Make-a-Bundle/Page1.html
Judy Kirkland, Echo Point Marketing Partners
As co-founder of EchoPoint Marketing Partners, Judy Kirkland creates systems and toolkits that empower businesses to make marketing far simpler and far more successful.  Drawing on an award-winning track record in B2B, B2C and B2G markets, Judy teaches clients how to develop an “echo point”  — their own unique value proposition and brand — to determine what to spend, what to say and what biggest-bang tactics to use in online, print, broadcast and face-to-face marketing.

Before co-founding EchoPoint Marketing Partners, Judy enjoyed more than twenty years of success as a nationally known marketing consultant and copywriter for clients ranging from start-ups to Fortune 100 companies. In addition to her YodelPoint.com blog, she is a regular contributor to newsletters and ezines in the fields of franchise marketing, custom media, search marketing, and how to market small businesses and professional services firms.

 
By Judy Kirkland, Echo Point Marketing Partners
Published on 10/13/2008 - 12:30pm
 
The economy’s awful.  But I’m about to spend a bundle on a new furnace, toilet and front porch lights. These purchases weren't even on my radar a few days ago. But then a local business had a great marketing idea ...

With Wall Street so volatile, who's thinking about spending a bundle on big household purchases?  I wasn't, but now I am --all because I got a call from my local electrician, Michael & Sons.

 

They said that for $79.95, they’d send a plumber, electrician and HVAC tech to troubleshoot my home. Seemed like a good idea.  And in terms of marketing, bundling those services into an offer was a great idea.

 

In fact, this “bundling” could pay off in huge new sales, recurring sales, and lower marketing costs.  Take a look …

 

It started with the call: I’d used Michael & Sons for electrical, but I didn’t know they did plumbing and HVAC. To send me a confirmation, the woman who called took my email (ingenious – I was delighted to provide my email).

 

Next, I got an email: It confirmed the date and time of my inspection plus other good information, including my Michael & Sons Valued Customer Bill of Rights.

 

The onsite experience was great: The three techs were prompt, meticulous and courteous. There was no hard sell, just a list of what should be done and WHY.  Like: “The heat exchanger flame is red, not blue. This wastes energy and raises carbon monoxide concerns.” Suddenly, a new furnace was on my radar! Still, I couldn’t commit to buying one on the spot.

 

The follow up was prompt: Two days later, I got cards from the techs thanking me and asking me to return a brief survey.  As I answered questions about courtesy and knowledge it reinforced my good feelings about Michael & Sons.

 

But wait, there’s more: The techs left me with a magnetized discount coupon and stickers for everything from my electric panel to the furnace. Those stickers included bullets about how to troubleshoot the unit – and the last bullet was to call Michael & Sons.

 

Kudos to Michael & Sons!  You’ve given us all an excellent lesson in a professional, integrated and utterly ingenious tactic for marketing in tough times.