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  • Answer Upon - Begin Banishing Your Marketing Overwhelm!

    Entrepreneur Opportunity-Identifying Excess Intrinsic Value
    Opportunity is everywhere and most successful Entrepreneurs are not so much concerned with finding opportunity as they are with finding the most juicy opportunity. Simply because time is precious and compounding the seed capital account is a race against time.By growing the seed capital account exponentially we make a good dent in the million dollar goal pretty quickly, but its excess intrinsic value that takes us there. When I first started compounding money, I found an interest I could specialize in. This instantly gave me a market to study and monitor. Knowing

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefit

    International Franchise Agreements and Language Issues
    When dealing with foreign investors and franchising in another country often language and interpretation of word meanings can get clouded. Additionally tenses or gender of words can change what a sentence says or means in an agreement. In franchising Internationally this becomes a real issue because of the number of potential countries an international US Based, Australian or European Based Franchisor might franchise in.As we expanded our company into other markets we found this to be extremely problematic due to the fact that a particular country may have differe
    Marketing your business can be quite overwhelming. There are so many choices! It’s difficult to know the right things to do. By properly preparing, you gain confidence and have a much greater chance for success. Even before completing any preparatory work, ask yourself these tough questions:

    1. Why are you in this business?

    2. Do you believe in your product/service?

    3. What are you trying to accomplish?

    When you believe in your product and understand why you’re doing what you’re doing, the rest of the marketing process becomes much easier.

    The results of the following exercise will provide material for all your marketing efforts. You can use the information on your website, in your sales presentation, in your advertising, in your networking and everywhere else you ‘touch’ your prospects.

    The first step in the plan is to know the features and benefits of your product or service (let’s say product). (If you have a service business, this list should include information about you.) For example, let’s say your product is office furniture. Describing the features of your product and your company might look like this:

    • Been in business 18 years

    • Lots of variety – including home office

    • Free delivery

    • All price points

    • 7 day guarantee

    While knowing your features is very important, it’s even more important to identify the benefits of your product. This process involves more thought – you need to put your feet in your ideal customers’ shoes and ask, “What’s in it for me? (wiifm)” For example, “Why should I care if you’ve been in business 18 years? How does that help me?”

    To fully understand the benefits of your product, first list the features, and then answer the wiifm question for every feature. There are no rules for this exercise and there will likely be more than one benefit for some features. Getting back to our office furniture example, here are some benefits:

    • Longevity – we’ll be here for you when you need us. We will remember you! You don’t even have to come into the store when you need something. Bottom line – a relationship, convenience and peace of mind.

    • Variety – one-stop-shopping. No matter what you need, we have it or we will get it for you. We save you time.

    • Free Delivery – save you money.

    • All prices – you will not be disappointed. When you come to our store, you will find what you want within your budget! We save you money and minimize stress at the same time.

    • Guarantee – If it doesn’t fit or doesn’t look good, we’ll take it back – no questions asked. This gives peace of mind and freedom in making your decision.

    If you get stuck determining the benefits, ask your customers! Why did you buy from us? If the answer is vague, be willing to go deeper and deeper until you get something useful. For example:

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefits

    Payroll Outsourcing Companies
    Payroll outsourcing companies deal with outsourcing of payroll activities. They do the actual work of tallying hours and creating the paychecks for all the employees of a client. Payroll means a sequence of accounting transactions dealing with the process of paying employees for service provided, holding money from employees for payment of payroll taxes, insurance premiums, employee benefits, garnishments and other deductions. The payroll outsourcing companies provide the processing of non-core activities of a company. Payroll outsourcing companies usually have a group o
    sales presentation, in your advertising, in your networking and everywhere else you ‘touch’ your prospects.

    The first step in the plan is to know the features and benefits of your product or service (let’s say product). (If you have a service business, this list should include information about you.) For example, let’s say your product is office furniture. Describing the features of your product and your company might look like this:

    • Been in business 18 years

    • Lots of variety – including home office

    • Free delivery

    • All price points

    • 7 day guarantee

    While knowing your features is very important, it’s even more important to identify the benefits of your product. This process involves more thought – you need to put your feet in your ideal customers’ shoes and ask, “What’s in it for me? (wiifm)” For example, “Why should I care if you’ve been in business 18 years? How does that help me?”

    To fully understand the benefits of your product, first list the features, and then answer the wiifm question for every feature. There are no rules for this exercise and there will likely be more than one benefit for some features. Getting back to our office furniture example, here are some benefits:

    • Longevity – we’ll be here for you when you need us. We will remember you! You don’t even have to come into the store when you need something. Bottom line – a relationship, convenience and peace of mind.

    • Variety – one-stop-shopping. No matter what you need, we have it or we will get it for you. We save you time.

    • Free Delivery – save you money.

    • All prices – you will not be disappointed. When you come to our store, you will find what you want within your budget! We save you money and minimize stress at the same time.

    • Guarantee – If it doesn’t fit or doesn’t look good, we’ll take it back – no questions asked. This gives peace of mind and freedom in making your decision.

    If you get stuck determining the benefits, ask your customers! Why did you buy from us? If the answer is vague, be willing to go deeper and deeper until you get something useful. For example:

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefit

    How To Advertise Your Business
    Ralph Emmerson said - "If a man write a better book, preach a better sermon or make a better mouse trap than his neighbor, though he build his house in the wood, the world will make a beaten path to his door."Apart from Google, the popular search engine, almost every other business in the world needs to advertise. The internet changed the way we advertise & promote businesses in today’s world. Online advertising is a major necessity for most business owners. We must be comfortable with promoting on Google, Yahoo, MSN, Ebay & the other online resources; How does
    process involves more thought – you need to put your feet in your ideal customers’ shoes and ask, “What’s in it for me? (wiifm)” For example, “Why should I care if you’ve been in business 18 years? How does that help me?”

    To fully understand the benefits of your product, first list the features, and then answer the wiifm question for every feature. There are no rules for this exercise and there will likely be more than one benefit for some features. Getting back to our office furniture example, here are some benefits:

    • Longevity – we’ll be here for you when you need us. We will remember you! You don’t even have to come into the store when you need something. Bottom line – a relationship, convenience and peace of mind.

    • Variety – one-stop-shopping. No matter what you need, we have it or we will get it for you. We save you time.

    • Free Delivery – save you money.

    • All prices – you will not be disappointed. When you come to our store, you will find what you want within your budget! We save you money and minimize stress at the same time.

    • Guarantee – If it doesn’t fit or doesn’t look good, we’ll take it back – no questions asked. This gives peace of mind and freedom in making your decision.

    If you get stuck determining the benefits, ask your customers! Why did you buy from us? If the answer is vague, be willing to go deeper and deeper until you get something useful. For example:

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefit

    How To Grow Your Business On A Shoestring Budget
    There are three, and only three, ways to increase (grow) your business. These are:1. Get more customers; 2. Get your customers to buy more; 3. Get your customers to buy more often.The tactics to cover all three ways would fill a 190 page book* so, in this article, we’ll cover just one component of one of the three strategies, getting your customers to buy more often.OK! So you want me to prove that I know what I am talking about, hmm?How can you encourage customers to buy more often? Big businesses do it with loyalty programs
    and peace of mind.

    • Variety – one-stop-shopping. No matter what you need, we have it or we will get it for you. We save you time.

    • Free Delivery – save you money.

    • All prices – you will not be disappointed. When you come to our store, you will find what you want within your budget! We save you money and minimize stress at the same time.

    • Guarantee – If it doesn’t fit or doesn’t look good, we’ll take it back – no questions asked. This gives peace of mind and freedom in making your decision.

    If you get stuck determining the benefits, ask your customers! Why did you buy from us? If the answer is vague, be willing to go deeper and deeper until you get something useful. For example:

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefit

    Increased Revenue and Optimized Routes
    The Cost of Business Many service companies (e.g. plumbing, air conditioning) compete in very competitive markets. These companies focus on maximizing revenues while controlling costs. However, the nature scheduling work orders is chaotic and presents hurdles for companies when controlling costs.Call centers schedule work orders as they come in. These work orders are not in a specific order or a specific location. Organizing these schedules becomes overwhelming and requires knowledge of the areas being scheduled.Costs are associated

    • “I bought from you because I liked the furniture.”

    • You go further – “What did you like about it?”

    • “It matched my existing office furniture.”

    • “So, you appreciated the variety we offer? Did you look anywhere else? What did you find there – good and bad? Were there any other reasons you bought from us?”

    This may be stressful for you, and you may feel like you’re bugging your customers. Again, put your feet in your customers’ shoes – do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you’re still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefits that are important to your prospects is to determine their needs and define their problems. By fully understanding your potential customers’ needs and problems, you can better give them what they want. Sometimes your prospects don’t fully understand their needs and problems, so doing this research in advance and being prepared with this information, you can help them even more.

    It’s critical to always keep your favorite type of customer (your target) in mind when doing this exercise. Match up what they most want and need with your benefits, and create a benefits statement that makes an emotional connection with your target. You may want to include points of differentiation in this statement.

    Whether you do your own marketing or hire a consultant, you need to intimately understand how you and your target connect. Combined with a genuine belief that your product truly benefits your target customer, your benefit statements will bring you lots of business!

    Copyright 2006 Audrey Burton

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