
Advertising pays
Dear Morrie
I was interested to read that The Bug would be running
a special feature on marketing.
As a small business operator, I was wondering if you could give
readers the benefit of your wisdom and experience on the subject.
I know you are one of the nations most successful business
operators, so I look forward to your advice.
Interested
Southport
Dear Interested
Im always keen to impart my knowledge to anyone involved
in the cut and thrust of Australian business.
In fact Ive previously offered myself as a professor, lecturer
or tutor in business at some of our major universities, only to
be rebuffed by shortsighted airy-fairy eggheads who wouldnt
know a bottom line from their own bottoms and who baulk at anyone
whos had one or two run-ins with the authorities.
Its no wonder young kids graduating with business degrees
from these tertiary institutions are going on to gain a PhD in
failure when they hit the real world.
The one glimmer of hope for my academic career was back in the
mid-80s when my good friend Bondy set up his own university and
promised to make me head of its fuculty of business.
I liked the sound of that, but of course the plan hit a snag when
a little technicality like Bondys bankruptcy meant he had
to offload the whole shebang.
Nevertheless, Im pretty free with my advice as this
column proves time and again so in a way I consider myself
to be a teacher of the next generation of Aussie entrepreneurs.
On the subject of marketing, regular readers of this column may
be familiar with some of the developments I did with my old mates
Bondy and Skasie.
One of our early ones was a canal estate near Broken Hill.You
might think that developing and selling such a project would be
akin to coaxing excrement to a higher altitude. But, if theres
one thing Bondy taught me, it was that every such project lives
or dies on its marketing.
Thats why we advertised the development almost exclusively
overseas under the project name Byron Bay West. We
soon had stacks of enquiries from Asian and American investors
whod heard all about Byron Bay and didnt want to miss
out on another boom.
It was a similar story when we advertised our Daintree South development,
located just outside Charters Towers, and the Maralinga Mews project
a little way north of Adelaide.
Skasie went on to do his own thing in the resort sector. Unfortunately,
he forgot one of the golden rules Bondy taught us and eventually
paid the price for actually building resorts after selling shares
in them.
Still, we can both look back and laugh about it now. In fact we
did just the other day.
But, to get back to the issue of marketing, I can only suggest
that a good advertising campaign can work wonders.
It certainly has in some of the other schemes Ive initiated
over the years such as the time in the mid-70s when I offloaded
a whole fleet of Leyland P76 cars by advertising them in Russia
as Aussie Rolls Royces.
This was well before good old Mikhail Gorbachev came to power
and Ruskies were starving for any sort of Western consumer goods.
Then in the early 80s I found myself stuck with seven shipping
containers full of Lego building blocks Id bought sight-unseen
from a bloke in Denmark. You know the type plastic blocks
that kiddies snapped together to make little houses and whatever
else took their imagination.
But the blocks Id acquired were rejects, having come out
of the factory all twisted. Many were only half-formed. It was
no wonder they were cheap.
But with just a bit of thought I soon worked out how to get rid
of them, and make a handsome profit.
It was the time when civil war was still raging in Beirut and
had been for some years. The place had had the shit shot out of
it, if youll pardon the expression. I figured kiddies over
there probably wouldnt recognise a house without shrapnel
marks or other bits and pieces missing.
So I advertised my stock in the Beirut papers as special
edition Lebanese Lego and got rid of the lot by mail-order
in two weeks.
So you see, good advertising and marketing have been the keys
to my success and, as I mentioned earlier, Im never afraid
to share my expertise.
To that end Ive established an exclusive mailing list for
business types who want a few tips on marketing.
Now, admittedly, my advice doesnt come cheap so if you want
to join youll have to be prepared to hit the bin for a couple
of Ks as starters.
If you or your friends are interested let me know and Ill
sign you up.
Just send me a cheque made out to Clever Advertising Sells Heaps
and Ill soon get things moving at my end.
Bugger it, to save your time and mine, just make it out to CASH.
Ill be in touch.
Morrie
Morrie Bezzle is executive director of Russell Island
Water Pumps Pty Ltd (T/A West Stradbroke Island Developments),
general manager of Portable Panic Rooms (formerly Budget Shipping
Containers Ltd) and chairman of Jon, Single, Tonne & Associates.