The mistake: Believing all the buzz about social media means it’s the right choice for your marketing investment.
Fact: While social media and its rapid growth is getting a lot of press, it is not the be-all and end-all answer for marketing.
The mistake: believing that doing a good job or providing an outstanding product or service is enough to grow the organization.
Fact:
Even if your product or service is extraordinary, you have to let people know about it. You have to market.
The mistake: Communicating from your own perspective when your target audience is from a different generation
Fact:
If you’re a baby boomer (aged 46 to 64) and your primary target audience is Millennials in their teens or twenties, you must understand what’s important to them and how and where they communicate in order to be successful.
The mistake: Believing the only way to boost sales is to drop your prices
Fact:
Although price seems like it’s more important in a rocky economy, it’s still not the most important factor in a purchase decision. And focusing on price as a primary point of differentiation will not build your brand over the long term.
The mistake: Not focusing your strategy, message and communication style on the audiences you need to reach.
Fact:
Every business must understand how to target their marketing to the right audiences in order to be successful.
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