Direct Marketers Resumes: The Masters of Many Domains
Recently, we've seen a trend occurring within our client companies. It seems that Direct Marketing staffs are very lean and mean -- and that the few are taking on the jobs of many. Sound familiar?
Well, in a recent study by Bernhart Associates, the reason for this becomes a bit clearer. Since the beginning of 2006, Jerry Bernhart, President of Berhhart Associates Executive Search firm, reports that there has definitely been a slowing trend in jobs for Direct Marketers. Bernhart states, “The numbers are showing little change compared with summer. At the same time, the new hire percentage continues to show a slow and steady decline, which began about a year and a half ago.”
Here are some more stats from the survey, which was recently taken (sent out the week of October 1st), in which 116 companies responded:
* 60 percent of companies responding said they plan to add to staff by the end of the year, down slightly from 61 percent during the summer quarter:
o In April 2006, when the new hire percentage reached its recent peak, the new hire percentage stood at 72 percent.
o The record high for the index occurred in the fall of 2005, when it reached 80 percent.
* 9 percent plan to reduce staff in the coming three months, up from 7 percent during the summer.
* 29 percent expect no change in hiring plans during the coming three months.
* 85 percent of those surveyed said they are having either a “very difficult” time or a “somewhat difficult” time finding qualified applicants for open positions.
* Only 15 percent said they are having little or no difficulty.
Bernhart goes on to state that, "While hiring is not at the heated pace it was a couple of years ago, the supply of qualified applicants remains tight.”
For those of us in the consulting business, this situation presents both challenges and opportunities. On the one hand, our clients are totally overwhelmed with the amount of work that they are now responsible for, so it's tougher to get on their already-overbooked schedules. They simply don't have the bandwidth to sit down for a meeting. As a result, things like campaign analysis and reporting are not getting the focus they need and deserve (Hel-loooo -- we need to measure how effective our data is performing, people!). This is really unfortunate because this is the time of year where more focus tends to be spent on analyzing marketing budgets and staffs. So, for us -- while we struggle to steal the time for this, we are adamant about it! (Call us pests . . . we don't care).
At the opportunities-end, we are certainly needed more. As the staff-size decreases and our clients are balancing multiple roles, they need someone to come in who can be flexible, open-minded, and supportive with marketing planning and strategy. The other need is to simply off-load certain responsibilities -- or at least help them manage to their new responsibilities. Of course, we do all of this happily!
From our perspective, this is both the good news and the bad news of these types of economic times. The best news is that top-performing direct marketing professionals are very sought after in this slowing economy. This is good for all of us!
Therefore, this is an excellent time to sit down and focus on measuring and reporting out on your effectiveness. The reason is two-fold: 1) Your Leadership Team is consistently aware of your performance and how you are responsible for increasing corporate profitability, and (2) As planning for the new year is well under way, as a result of your success you may have the opportunity to win a bigger marketing budget and, hopefully, more money in your paycheck!
Direct Marketers Resumes The Masters of Many Domains - To learn more about this author, visit Nancy Arter's Website.
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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