Sometimes you hear something that you hadn't thought of before, isn't that hard to do and really makes sense. A recent conversation with Monica Anderson uncovered a gem like this that I think is worth passing on.
Monica has built Remanents, her stationery and greeting card company, on small ideas that can pay off in big ways. She launched the company six years ago without a massive marketing budget and has sold to major retailers including Anthropologie, Saks, Neimans and Nordstroms as well as hundreds of stationery and lifestyle stores in the US and abroad. I'm constantly bothering her for advice and I'm sure one of these days she'll stop taking my calls.
Monica has worked hard to develop relationships with editors, and it's resulted in press coverage for her and for her products. Ok, that's an obvious one - everybody knows that editorial mentions can really boost sales and brand awareness. But she's looked at the other side of a magazine's masthead and built relationships with the marketing and promotions departments too. They are a goldmine of opportunity and can be easily overlooked in our efforts to get editors' attention.
I used to work in marketing at a national magazine, and I know that for every advertising event, every subscriber drive and almost everything else they do, magazines need products to give away. These guys run out of sources pretty quickly and are constantly looking for new, fun and unique designs to include in their latest promotions. Did someone say stationery? Why yes, I think they did...
Monica has worked closely with InStyle magazine's promotion department for several years. This year, the magazine included Remanents products in special gift bags given to all celebrities staying at the Beverly Hills Four Seasons Hotel around Oscar time. Don't be surprised if that love letter you get from Leo is written on a Remanents card. While this was obviously a high-profile event, it's worth considering the smaller ones that will come your way.
Monica points out that you really have to know what to expect when you participate in an event in order to get the most out of it. Her advice:
- use inventory as a PR tool. It shouldn't cost you a lot to provide product. If the request is for 1,000 of your best-sellers, maybe it's not the best opportunity for you right now... Think about your stock; you probably have some slow-movers that you could offer that wouldn't mean sacrificing sales. Put that inventory to good use and consider it a PR expense.
- don't expect to see a big bump in sales, and don't be disappointed if you don't see any at all. Consider this as a great way to build your brand and get your name out there in front of your desired market. It's likely to lead to additional opportunities to promote your brand with the same magazine/newspaper/website or new ones who come knocking.
- solve problems and be reliable. Promotion and marketing pros always need great giveaways, so if you help them do their job they'll keep coming back to you because they can rely on you. Monica has worked with her InStyle contact for years, which is how the Oscar opportunity came about. It didn't just happen overnight.
- stay in touch as people move jobs. Just like editors, marketing and promotions pros can and do move to new jobs at other magazines, newspapers, online. Chances are, they'll need product there too.
It's so easy to get overwhelmed by the things you should do to build your brand and find customers. I feel it firsthand as I build Soleberry. Sometimes I think sure, that sounds good, let's just put it on the list along with everything else! But since you're most likely sending press kits to editors anyway, send a few to the Promotions and Marketing departments and see what happens. Maybe nothing, maybe something, but you never know.
Let me know if you've had any experiences, good or bad, with product donations you've made or opportunities you've had like this. They might be worth sharing too.