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Answer Upon - The 3 Letter Word You Must Know to Prosper in Your Business
Chief Information Officer CIO Plays a Significant Role in the Decision-Making r in a clear, concise statement. For example:Information Technology IT took the lead in developing and implementing frameworks for business collaboration - financial and operating models and legal frameworks. Operating areas are now more aggressively pursuing joint business opportunities in CRM, integrated product development, transaction processing, and other areas.The language can be a barrier when finance speaks finance and Information Technology IT speaks technology. To forge stronger working relationships, both parties have to learn more about the operations and demands of the areas they're not actively leading.According to research done by Gartner's Browning, companies with fewer than 100 employees still have little formalized technology management. By contrast, many companies with between 500 and 1,000 employees already have CIOs or somebody acting in a similar function.In the 20 to 99 employee group, you see loose Information Technology IT departments where the Information Technology IT staffers wear multiple hats. That hasn't changed much. Companies in the 500 to 999 employee group operate more like larger enterprises where the Chief Information Officer CIO plays a significant role in the decision-making.Finance is moving from being one of T's biggest internal customers to one of its strongest allies in striving for standardization and integration.The Govern recommended that agencies address Chief Information Officer CIO turnover by implementing human capital flexibilit "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equiv Medical Billing Service Advertisement Placing Even while you creatively imitate others, remember that it's also important to be different. Distinguish your HVAC business from all the rest. Make your enterprise special in the eyes of your customer or client. That is the goal I want you to pursue.It is important for you to constantly advertise even after you have established your clientele. Today you may have a client and tomorrow the client could go out of business. Smaller companies may decide to do their own billing if their business gets slow. Do not worry about having an overload of work. You can always outsource or ask a family member to help you out for a while.If you are limited to how much you can spend on advertising there are several things you can do. Some cheap things are:• Use an inexpensive web host service for your website. I do not recommend using free website software. You are limited to how you can setup your site and you want your site to look professional.• Free classified sites• Word of mouth• Distribution of business cards• Place your business card in drawings for exposure• Place your business card in grocery stores on bulletin boards. (Replace it when removed)• Always keep a supply of flyers. Do not be a nuisance by placing them on cars in parking lots.The best place to put your flyer is in a medical office where the magazines are. Magazines are usually always read by patients waiting to be seen by physicians. You can also ask for permission to post your flyer in the window near the receptionist area or in the front window of the location. Advertising in newspapers is quite effective but also expensive. You may want to try this after your advertising budget improves. How do you get your business differentiated? By creating a Unique Selling Proposition - or USP. A USP is that distinct and appealing idea that sets you and your business, or practice, favorably apart from every other generic competitor. The long-term marketing and operational successes I help you achieve will, ultimately, be helped or hurt by the USP you decide upon. The possibilities for building a USP are unlimited. It's best, however, to adopt a USP that dynamically addresses an obvious void in the marketplace that you can honestly fill. Beware: It's actually counter-productive to adopt a USP if you cannot fulfill the promise. It's no surprise then that most HVAC businesses, lacking a USP, merely get by. Their failure rate is high, their owners are apathetic, and they get only a small share of the potential business. But other than a possible convenient location, why should they get much patronage if they fail to offer any appealing promise, unique feature or special service? Would you want to patronize a firm that's just "there," with no unique benefit, no incredible prices, no especially comforting counsel or guarantee? Or would you prefer a firm that offers you the broadest selection in the country? Or one with every item marked up less than half the margin other competitors charge? The point is to focus on the one niche, need or gap that is most sorely lacking, provided you can keep the promise you make! You can even create hybrid USPs - combinations that integrate one marketing gap with another. Before you decide on a USP, though, be sure you can always deliver that USP through your organization. If you decide your USP is that your company offers the broadest selection of products or services "instantly available" or "always in stock," but in reality you stock six out of 25 items and only a few of each item, then you're falling down on the essence of your USP, and your marketing will probably fail. If you don't honestly believe you can deliver on your USP, pick another one to build your business on. Just be sure it's unique and that you can fulfill it. Remember, the USP is the nucleus around which you will build your success, fame, and wealth, so you better be able to state it. Whenever a customer needs the type of product or service you sell, your USP should bring your company immediately to mind. Also you must reduce your USP to its sinewy bare essence. Try It. With paper and pen, prepare a one-paragraph statement of your new USP. Ruthlessly edit away the generalities, and tenaciously focus on the crispest, clearest, most specific promise you could possibly hold out. Then, rework it and hack away the excess verbiage until you have a clearly apparent Unique Selling Proposition a customer can immediately seize upon. And then, integrate your USP into every marketing aspect of your business. Let's say you run display-type ads, and your USP is that you have better selection and follow-up service than any other competitor. There are several ways to integrate these qualities into your ads. For example: State the selection USP in the ad headline: "We Always Have 168 different Widgets in No Less than 12 Different Sizes and 10 Desirable Colors, in price ranges from $6 to $600." Or, if good service at an affordable price is your USP, use this as a model: "ABC Tree Trimmers will trim and maintain your trees and shrubs six times a year, once every two months, and all it costs you is $16 a month, billed quarterly." By now you should have the general idea that how important your USP is and you need to carefully integrate it into the headline and body copy of every ad you run. And in every direct-mail piece you send out. When your salespeople call on prospects, everything they say should clearly reinforce your USP. They should explain the USP to the customer in a clear, concise statement. For example: "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equiv Learn More About Work From Home Job Opportunities hetic, and they get only a small share of the potential business. But other than a possible convenient location, why should they get much patronage if they fail to offer any appealing promise, unique feature or special service?Today with work from home job opportunities you can make money from the comfort of your home, setting your own work schedule. You can choose from a large variety of freelance online jobs. You should choose the type of freelance online jobs that suits your desires.One of the best work from home job opportunities that you can choose is to work as an independent contractor, and that means you will get paid according to the number of pieces that you complete. One advantage of this type of freelance online jobs is that you will not have a boss watching over you. You will work when you want and you can even watch television while you make money.Numerous business companies are discovering that it is more economical for them to hire freelance employees in order to perform their assembly rather than absorb the high costs of having a large assembly plants and the costs of a large number of employees.Work from home job opportunities is a new trend and is becoming more popular every day. The statistics shows that this new trend is growing day after day in all over the world. You can be part of this great number of people who have decided to change their lives in order to have a more flexible and comfortable lifestyle.There are a variety of work from home job opportunities available for you on the network market. You need to start your research by asking your self some questions about what you want to do and which are your skills, then Would you want to patronize a firm that's just "there," with no unique benefit, no incredible prices, no especially comforting counsel or guarantee? Or would you prefer a firm that offers you the broadest selection in the country? Or one with every item marked up less than half the margin other competitors charge? The point is to focus on the one niche, need or gap that is most sorely lacking, provided you can keep the promise you make! You can even create hybrid USPs - combinations that integrate one marketing gap with another. Before you decide on a USP, though, be sure you can always deliver that USP through your organization. If you decide your USP is that your company offers the broadest selection of products or services "instantly available" or "always in stock," but in reality you stock six out of 25 items and only a few of each item, then you're falling down on the essence of your USP, and your marketing will probably fail. If you don't honestly believe you can deliver on your USP, pick another one to build your business on. Just be sure it's unique and that you can fulfill it. Remember, the USP is the nucleus around which you will build your success, fame, and wealth, so you better be able to state it. Whenever a customer needs the type of product or service you sell, your USP should bring your company immediately to mind. Also you must reduce your USP to its sinewy bare essence. Try It. With paper and pen, prepare a one-paragraph statement of your new USP. Ruthlessly edit away the generalities, and tenaciously focus on the crispest, clearest, most specific promise you could possibly hold out. Then, rework it and hack away the excess verbiage until you have a clearly apparent Unique Selling Proposition a customer can immediately seize upon. And then, integrate your USP into every marketing aspect of your business. Let's say you run display-type ads, and your USP is that you have better selection and follow-up service than any other competitor. There are several ways to integrate these qualities into your ads. For example: State the selection USP in the ad headline: "We Always Have 168 different Widgets in No Less than 12 Different Sizes and 10 Desirable Colors, in price ranges from $6 to $600." Or, if good service at an affordable price is your USP, use this as a model: "ABC Tree Trimmers will trim and maintain your trees and shrubs six times a year, once every two months, and all it costs you is $16 a month, billed quarterly." By now you should have the general idea that how important your USP is and you need to carefully integrate it into the headline and body copy of every ad you run. And in every direct-mail piece you send out. When your salespeople call on prospects, everything they say should clearly reinforce your USP. They should explain the USP to the customer in a clear, concise statement. For example: "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equiv Digital Signage Growth to Propel Marketers into Orbit ality you stock six out of 25 items and only a few of each item, then you're falling down on the essence of your USP, and your marketing will probably fail.Imagine you were an astronaut aboard the International Space Station. On a clear day you look to the earth below at the exact moment your celestial home zips over Manhattan. As you gaze down at the New York City borough, you are stunned by what you see: an enormous sign covering about 75 percent of the landmass of the borough reading "Come Home Soon! We Miss You."This out of this world scenario is exactly what would happen if it were magically possible to position the viewable area of all the flat panel displays produced in 2006 next to each other over the landmass of Manhattan. Incredibly, that translates into 16.8 square miles!The figure, part of the DisplaySearch's Q4'06 issue of its "Quarterly Worldwide FPD Report," underscores how dominant flat panel displays are becoming. According to DisplaySearch, the number of flat panel displays shipped was expected to rise 6 percent to 3.4 billion. (Remember, there are a lot of laptops, cell phones and other handheld devices that use LCD flat panel displays.)The report estimates that flat panel TVs accounted for 33 percent of all televisions sold in 2006. In this country, with the government mandate forcing set makers to include DTV tuners in their sets kicking in next month and the introduction of legislation in Congress mandating retailers, broadcasters, and cable and satellite operators take steps to educate consumers about the impending analog switchoff, the demand for flat panel TVs is only likely to acce If you don't honestly believe you can deliver on your USP, pick another one to build your business on. Just be sure it's unique and that you can fulfill it. Remember, the USP is the nucleus around which you will build your success, fame, and wealth, so you better be able to state it. Whenever a customer needs the type of product or service you sell, your USP should bring your company immediately to mind. Also you must reduce your USP to its sinewy bare essence. Try It. With paper and pen, prepare a one-paragraph statement of your new USP. Ruthlessly edit away the generalities, and tenaciously focus on the crispest, clearest, most specific promise you could possibly hold out. Then, rework it and hack away the excess verbiage until you have a clearly apparent Unique Selling Proposition a customer can immediately seize upon. And then, integrate your USP into every marketing aspect of your business. Let's say you run display-type ads, and your USP is that you have better selection and follow-up service than any other competitor. There are several ways to integrate these qualities into your ads. For example: State the selection USP in the ad headline: "We Always Have 168 different Widgets in No Less than 12 Different Sizes and 10 Desirable Colors, in price ranges from $6 to $600." Or, if good service at an affordable price is your USP, use this as a model: "ABC Tree Trimmers will trim and maintain your trees and shrubs six times a year, once every two months, and all it costs you is $16 a month, billed quarterly." By now you should have the general idea that how important your USP is and you need to carefully integrate it into the headline and body copy of every ad you run. And in every direct-mail piece you send out. When your salespeople call on prospects, everything they say should clearly reinforce your USP. They should explain the USP to the customer in a clear, concise statement. For example: "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equiv Create A Marketing Kit That Educates o every marketing aspect of your business.I get these calls from time to time. . ."Can you make me a brochure?" Many business owners have been sold on the notion that they need a tri-fold brochure or they are not in business. Forget it...everybody's got one and no one uses it.Your potential clients need an education. They need to know how you are different. (The typical tri-fold brochure simply confirms that you are the same.)Every small business should create the following pieces of information and format them in a way that allows them be printed inexpensively and updated often. I like to call this approach, the Marketing Kit. Your marketing kit starts with several professionally printed pieces that are the framework for up to 10 or 12 different educational documents. The core components are:1. A pocket folder - A multi-use workhorse, this piece alone, if designed well, can send the message that you are in business to stay. (This one will cost a little but it has many uses)2. A marketing template - This should be a professionally printed piece that carries your logo and contact information but is different than your letterhead. This is the base piece then for the following pages that insert into your pocket folder. Your actual marketing files can be MSWord type documents that are laser printed. This gives you the ability to change and update your content and also allows you to tailor your marketing kit content to specific prospects.Some combination of the following pages should be Let's say you run display-type ads, and your USP is that you have better selection and follow-up service than any other competitor. There are several ways to integrate these qualities into your ads. For example: State the selection USP in the ad headline: "We Always Have 168 different Widgets in No Less than 12 Different Sizes and 10 Desirable Colors, in price ranges from $6 to $600." Or, if good service at an affordable price is your USP, use this as a model: "ABC Tree Trimmers will trim and maintain your trees and shrubs six times a year, once every two months, and all it costs you is $16 a month, billed quarterly." By now you should have the general idea that how important your USP is and you need to carefully integrate it into the headline and body copy of every ad you run. And in every direct-mail piece you send out. When your salespeople call on prospects, everything they say should clearly reinforce your USP. They should explain the USP to the customer in a clear, concise statement. For example: "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equiv The Meeting Planner's Online Advantage: The 8 Most Important Features of Automated Systems r in a clear, concise statement. For example:8 features of online registration systems which will improve your events TODAY: Automated Many systems include over 15 standard email communications that can be customized, personalized and automated. Data is automatically collected in a database and at your fingertips for an unlimited number of reports; and downloadable in six different formats. Integrated Online events are easily integrated with ad hoc emails via built-in mail systems, online surveys, donations and membership and subscription management systems, creating a one-stop shop for all kinds of online services. Flexible Everything you create in an automated system can be customized to your company or organization's look and feel for a streamlined, consistent image through the entire process. Plus, your data is accessible to you in any number of formats through extensive custom and cross-event reporting functions. Web-based Why is this so important? Using a web-based system means that you, your co-workers, your vendors - anyone can be granted access to all or parts of your event information - instantly and in real-time - from any computer with Internet access. Essential for mobile professionals like you. Easy-to-use This may seem like a no brainer, but make sure you "test drive" any system prior to making a purchase. If possible, attend a live demonstration of any produ "Hello, Mr. Prospect. I know your time is short, so I'll get right to the point. Your company manufactures widgets. You buy steel and copper from a competitor. You're currently paying $100 a ton for steel and $75 a ton for copper, of which you waste roughly 25%. My firm will sell you a higher grade steel and a higher alloy copper for $95 and $69 a ton, respectively, freight prepaid, which saves you an extra $3 a ton. Plus, we'll guarantee our metal will produce a waste factor of 15% or less, and we'll replace any wasted coverage, free. One last point, Mr. Prospect. It could be important. We'll furnish you with 50; 20-gauge titanium rivets and cap assemblies free with every 10 tons of steel you order this month. May I have your order?" Throughout the sales pitch, your sales reps should refer to the USP benefits or advantages. Don't try and merely have your salespeople "wing it”. Be sure they can clearly and powerfully express your USP in 60 seconds (the oral equivalent of a written paragraph), and then compellingly state how it benefits the prospect. When an old, tired company or profession adopts a powerful, new, and appealing USP, it gives new life, new excitement, new interest and new appeal to the marketing plan. You're suddenly different, instead of just being another interloper preying on customers you've trapped into hearing your sales pitch! Now you're on the customer's side. Don't forget my earlier advice. Don't adopt a USP that you can't deliver. Also, analyze the market potential of various USP positions in terms of volume, profits and repeat business. For example, the highest marketing niche may be in the exclusive, expensive USP, but the biggest money may be made in the discount-volume USP. There's a place for both, but if you try to ride two horses, you'll probably bite the dust. Remember too, that your USP is giving advice, assistance and superior service; it can't stop with mere sales rhetoric. Sit down and write a synopsis of your USP for your staff, how you're trying to carry it out. The entire company must adhere to the USP. Talk to your staff, write scripts, hold contests, and reward people who distinguish themselves in promoting your USP. Set an example so that your staff can see the USP in action. How can you ensure that you are in the hearts and minds of your customers after the sale? Here are a few good approaches: Immediately following a sale, write, call or visit your customers. During this follow-up effort, see that the customers feel important and special, and that their initial purchases are "resold." Repeat your USP and remind the customers how it helped them make their purchasing decision. Reassure customers about their wise decisions. A post-purchase follow-up incorporating the essence of your USP is vital, regardless of how frequently you "back-end" or resell to that customer. You enhance the customer's loyalty and value to your business by following up after the sale Good marketing requires that you give customers rational reasons for their emotional buying decision. There is a formula for success, and the USP, my dear friends, is truly an integral part of that formula. Depending on the business offer frequent special promotions to your customers by mail, telephone or in person. Everyone wants to feel appreciated and personally acknowledged. By offering specially priced deals or first choice, you endear yourself to them. At the same time, you enhance your customers' perception of your Unique Selling Proposition. If your USP is service, your preferred promotions will be service-based rather than price-based. Give them extended service -- for instance, a special offer of your basic service, or one year of free consulting or assistance not normally given. Also, don't underestimate the profit potential inherent in special offers. Acquiring first-time customers usually costs a small fortune. Space ads have to reach tens of thousands of readers to produce a few hundred customers, so it may cost you $10 or more to acquire a customer. But once you satisfactorily deliver your product or service and have a core customer base, you can continuously rework and resell at a very modest cost per sale. When you have a list of customers who have already shown their willingness to spend money on your products or services, it costs very little to go to them with additional special offers. If you have 10,000 customers, it will probably cost $3,000 to mail them a letter. (At best, that same $3,000 for display advertising would probably generate only 100 new customers at a cost of $30 per customer.) Calling all 10,000 prospects on the phone would take five telephone sales people about a month. If they were on salary, that might cost you about $10,000 (for that month) or only about $1.00 a contact. If broad choice is your USP, have a customer-service representative contact your customers to see if everything is satisfactory. If everything is not, offer to replace, repair or correct the product or service. Your customer-service people should know just as
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