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Marketing a Money Orders and Transfer Services Business

Marketing plays a central role in any company. But when it comes to a money orders and transfer services business, your ability to market your brand can be the deciding factor between barely making it and achieving stellar industry success.

A single characteristic divides today's best money orders and transfer services businesses from the ones that are struggling to keep the doors open.

Winning strategies combine common sense marketing with the constantly evolving demands of the marketplace.

Market Segmentation

In today's environment, it's impossible to market a money orders and transfer services business to the entire marketplace. Market segmentation has been around for decades and it has enabled many smaller companies to dominate parts of the market, even when they face competition from larger firms.

Filtered mailing lists facilitate market segmentation by focusing your resources on customers within your segment. The best list providers are equipped to accommodate various segments for contained within your money orders and transfer services business market agenda.

Competitive Awareness

Do you have a new marketing idea that will transform your industry? Don't be so sure - at least not until you have explored what the competition is doing. There's nothing wrong with creativity, but if it precludes your messaging from being represented alongside other money orders and transfer services businesses, there's a good chance that you're missing something. At a minimum, we recommend seeking a third-party perspective before you adopt any innovations that dramatically alter your marketing model.

Newsletters

A good newsletter can set your company apart from your competitors and scale up your industry presence. We've seen a lot of company newsletters over the years, and the best ones use a thought leadership strategy to advance key value propositions and raise the company's profile as a dominant presence in the industry. These days, money orders and transfer services businesses rely on newsletters as cornerstones of a deliberate PR and marketing strategy, combining print and online distribution channels.

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