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    Rx for Falling Corporate Profits
    Once again the squeeze is on as renewed inflation worries slow the economy's growth and many companies resort to believing that cost cutting is the best means to scramble back to profitability in an uncertain economy. The problem with this classic approach is that it sends the clear message to your brightest and best talent that no matter how well they perform, today there is no job security. Not only does such a move have a serious impact on morale, but as the economy improves we will find ourselves once again in a very tight labor market. It will be next to impossible to replace laid-off workers and worse yet, your current work
    he competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and ser

    Email - The New and Effective Customer Service Solution
    Do you remember the days when the only way to communicate with someone was either in person or on the phone? It actually does not seem that long ago does it? Where has the time gone? Times have changed and they’ve changed fast. Now you can communicate through email, instant messaging (IM), voice over IP (VOIP), video conferencing, web chat, and the list goes on. All of this really happened in the last three years or so.Every year, there is a new technology that offers us an easier or better way to communicate with friends, family and business associates. This constant change in communication allows us to easily stay in
    As small business owners we are eager to get business. When it comes to marketing our businesses we often jump without looking – and end up scratching our heads wondering why nobody is pounding on our door begging to buy our product or service.

    Marketing is no easy feat and there is no easy formula for success. It takes work and effort to find the best way to attract people and get them to purchase your goods or services. Before you spend a dime on logos, business cards, brochures or ads, please read and think through these five things. I promise you that if you really do your homework and think these through, your marketing efforts will be more successful and focused.

    1. Define your target audience.

    Just whom should you be marketing to anyway? This is a BIG question. You may just want to skip to the next one – but don’t. Clearly identifying a very specific target audience is really important. Your target audience should be very narrow and easy to find. It should be a group you know well or can find out a lot about. A mistake many business owners make is having a target audience that is too large such as: women or small business owners. Instead of women, target “women over the age of 40 who exercise 3 times a week or more” or “small business owners who own restaurants.”

    2. Define your niche.

    What do you want to be known for? What is a niche? A niche is something unique and special that you offer to your customers. The more specific and focused it is, the greater your success will be. I struggled with this when I started coaching. I thought I had a niche: Small Business Coaching. However, I soon realized that “small business coaching” was too broad. It could mean financial analysis, writing business plans, or how to face fears. I enjoy working with a lot of people who have a lot of different concerns and goals – but that does not help me market my business. Finally, I wised up and realized that many people were coming to me for help to get more clients and customers. So I revised my niche: Business Owners who offer a service and want to get more clients without breaking their bank. See how much clearer that is?

    3. Define the benefits that your product/service offers.

    What do your products/services do for your customers/clients? When asked what we do, most people talk about their title or tell you what product they sell or service they provide. This is BORING! It rarely captivates a potential client to here me say, “I am a Small Business Coach.” Instead, you should share the benefits you provide. What is in it for the customer? I am better off describing what I do for my clients by saying, “I help business owners in the service industry market their businesses on a shoestring budget.”

    4. Come up with concrete ways to give your business legitimacy.

    Why should they trust you – just who are you anyway? There are a lot of businesses out there giving a lot of different messages. People are overwhelmed with choices. Chances are good you have tough competition. Your potential customers need to know that you are going to do what you say you will. Many people feel safer choosing a big company rather than an unknown solo business owner. It is up to you to let your clients know that they can rely on you. Do things to build their trust. You could give them a sample or show them examples of your past work. Get testimonials from satisfied customers and/or get a list of references and give this to your customers or post it on your website. Offer guarantees. Most importantly DO what you promise you’re going to do – every time. And, if for some reason you can’t – figure out a way to make it ok with the customer. The way to gain credibility from the start is to get referrals – and the only way to do that is to offer outstanding quality and service consistently.

    5. Analyze the competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and ser

    TQM
    One company that has implemented quality and has a had success from it is British Gas. British Gas has a comprehensive business management system in place that encompasses quality management, environmental management and Investors in People. This system is subjected to regular external review by specialist independent assessment bodies as well as internal challenge, providing a framework for continual improvement. All operations employees are regularly assessed for safety and technical competence and improvement actions put in place where appropriate.Total Quality- what it is and what it is not has been debated endles
    easy to find. It should be a group you know well or can find out a lot about. A mistake many business owners make is having a target audience that is too large such as: women or small business owners. Instead of women, target “women over the age of 40 who exercise 3 times a week or more” or “small business owners who own restaurants.”

    2. Define your niche.

    What do you want to be known for? What is a niche? A niche is something unique and special that you offer to your customers. The more specific and focused it is, the greater your success will be. I struggled with this when I started coaching. I thought I had a niche: Small Business Coaching. However, I soon realized that “small business coaching” was too broad. It could mean financial analysis, writing business plans, or how to face fears. I enjoy working with a lot of people who have a lot of different concerns and goals – but that does not help me market my business. Finally, I wised up and realized that many people were coming to me for help to get more clients and customers. So I revised my niche: Business Owners who offer a service and want to get more clients without breaking their bank. See how much clearer that is?

    3. Define the benefits that your product/service offers.

    What do your products/services do for your customers/clients? When asked what we do, most people talk about their title or tell you what product they sell or service they provide. This is BORING! It rarely captivates a potential client to here me say, “I am a Small Business Coach.” Instead, you should share the benefits you provide. What is in it for the customer? I am better off describing what I do for my clients by saying, “I help business owners in the service industry market their businesses on a shoestring budget.”

    4. Come up with concrete ways to give your business legitimacy.

    Why should they trust you – just who are you anyway? There are a lot of businesses out there giving a lot of different messages. People are overwhelmed with choices. Chances are good you have tough competition. Your potential customers need to know that you are going to do what you say you will. Many people feel safer choosing a big company rather than an unknown solo business owner. It is up to you to let your clients know that they can rely on you. Do things to build their trust. You could give them a sample or show them examples of your past work. Get testimonials from satisfied customers and/or get a list of references and give this to your customers or post it on your website. Offer guarantees. Most importantly DO what you promise you’re going to do – every time. And, if for some reason you can’t – figure out a way to make it ok with the customer. The way to gain credibility from the start is to get referrals – and the only way to do that is to offer outstanding quality and service consistently.

    5. Analyze the competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and ser

    Self-Discipline and Self-Motivation when Creating From Within Yourself
    I understand that you are motivated to accomplish tasks set by others within an educational structure. You would like some guidance to motivate yourself, when being your own boss and creating from within yourself.This is really a question of one's life purpose and the desire to express the dreams contained within your heart.I would suggest you do a little soul-searching, with your feelings and emotions, to connect to your heart energy. Go deep into your inner being and feel what dreams and aspirations there are, contained deep within your Self.When you look within for your own inner guidance, you can centre your
    realized that many people were coming to me for help to get more clients and customers. So I revised my niche: Business Owners who offer a service and want to get more clients without breaking their bank. See how much clearer that is?

    3. Define the benefits that your product/service offers.

    What do your products/services do for your customers/clients? When asked what we do, most people talk about their title or tell you what product they sell or service they provide. This is BORING! It rarely captivates a potential client to here me say, “I am a Small Business Coach.” Instead, you should share the benefits you provide. What is in it for the customer? I am better off describing what I do for my clients by saying, “I help business owners in the service industry market their businesses on a shoestring budget.”

    4. Come up with concrete ways to give your business legitimacy.

    Why should they trust you – just who are you anyway? There are a lot of businesses out there giving a lot of different messages. People are overwhelmed with choices. Chances are good you have tough competition. Your potential customers need to know that you are going to do what you say you will. Many people feel safer choosing a big company rather than an unknown solo business owner. It is up to you to let your clients know that they can rely on you. Do things to build their trust. You could give them a sample or show them examples of your past work. Get testimonials from satisfied customers and/or get a list of references and give this to your customers or post it on your website. Offer guarantees. Most importantly DO what you promise you’re going to do – every time. And, if for some reason you can’t – figure out a way to make it ok with the customer. The way to gain credibility from the start is to get referrals – and the only way to do that is to offer outstanding quality and service consistently.

    5. Analyze the competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and ser

    Look to the Right
    "We've all heard that we have to learn from our mistakes, but I think it's more important to learn from successes. If you learn only from your mistakes, you are inclined to learn only errors." -- Norman Vincent PealeNot long ago, the temperature light on my car’s dashboard lit up. I immediately went to the repair shop. It didn’t take long for the mechanic to come out from the garage to the waiting room. He shook his head like a surgeon with bad news. “You have a blown head gasket,” he said. I was glad he gave it to me straight. I didn’t need to be coddled. “How much,” I asked. “A lot,” he answered. I wish he had coddled me a
    a lot of businesses out there giving a lot of different messages. People are overwhelmed with choices. Chances are good you have tough competition. Your potential customers need to know that you are going to do what you say you will. Many people feel safer choosing a big company rather than an unknown solo business owner. It is up to you to let your clients know that they can rely on you. Do things to build their trust. You could give them a sample or show them examples of your past work. Get testimonials from satisfied customers and/or get a list of references and give this to your customers or post it on your website. Offer guarantees. Most importantly DO what you promise you’re going to do – every time. And, if for some reason you can’t – figure out a way to make it ok with the customer. The way to gain credibility from the start is to get referrals – and the only way to do that is to offer outstanding quality and service consistently.

    5. Analyze the competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and ser

    Sources of Extra Cash or Additional Income for Students
    There are many ways to get an extra income if you cannot afford to work ‘normal’ full-time hours. This article will show you what is available and what you should avoid. I will use student time as an example, as a student’s timetable is usually the most ‘inconvenient’ for full-time work and also changes every semester. However, the opportunities outlined in this article can also apply to other demographics, e.g. single mothers.Whilst at university, students often think that it will be challenging for them to financially support themselves. This is true only if you decide to avoid work and leave dealing with mounting debts unt
    he competition and determine what makes you special.

    Just what are you up against – who is the competition? This is not always a fun thing to do – so many business owners kind of glide past this question. We know a little about them (the competition that is) – but that isn’t enough. If you want people to pick your business, you have to know who else is out there, what they are offering, what they are charging and how their clients feel about their services. Do some homework. Get on the internet and review your competitors' websites. Read their brochures, talk to people who have used their services. Then, figure out what you can do to stand out. What defining feature or service can you offer. Bottom line- why should someone pick your business over another one?

    I urge you to take some time to really think these questions through. It is important to review these on a regular basis, because things change, people change and so do our products and services. If you would like me to brainstorm and work through these questions with you, just give me a call or send me an email.

    I want to help you succeed and grow your business.

    Leigh Ann Rodgers

    © All Rights Reserved. Creative Business Development, 2006

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