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Editors
Notes:
Some of my
long-time subscribers have probably been wondering, where
is the NewsFlash, and some of the new folks are simply
wondering why they have never received one. I feel
inclined to explain. Right before Thanksgiving, my wife
learned that she would be going to Sweden for 17 days on
business. We figured it was no big deal so off she went.
It was in fact a big deal.
If you have a life partner and children, you are probably
aware of the things that go into preparing for the
holidays. You rely on that partner in most cases to help
with those preparations. Without my partner for those 17
days, I found myself in a total state of chaos.
I was working on three businesses, and preparing to
launch a new one -
Privacy-First™. To try and handle all of
the plates I was juggling became an overwhelming task and
in turn created a case of writer's block for me. In
essence, it was impossible for me to get all of the work
done. So for the past several weeks I have been catching
up.
Now I am caught up.
I have received a lot of articles from some incredible
authors so I changed the layout to add even more articles
into this issue. There is a lot of good stuff in here.
Scan the articles to see which ones can be of help to
you. Don't judge the merits of all of the articles by any
single one.
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Jeff Glaze - Editor
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Deal With A
Difficult Customer - By Alan Fairweather
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When
was the last time you had to deal with a difficult customer? It
was probably an external customer but perhaps it was an internal
customer, such as a member of your team, a colleague or even -
your boss!
I'm
sure that you always want to provide exceptional service to
both your internal and external customers. However, in the real
world, things go wrong and mistakes are made. These "customers"
will often judge your level of service based on how you respond
to a mistake. Do it well and they'll probably forgive you and
possibly even say positive things about your business or your
abilities to other people.
The
important thing to realize when dealing with an upset customer,
be they internal or external, is that you must - deal with
their feelings, then deal with their problem. Upset customers
are liable to have strong feelings when you, your product or
service lets them down and they'll probably want to "dump"
these feeling on you.
You
don't deal with their feelings by concentrating on solving the
problem, it takes more. Here are 5 action ideas that deal with
the customers' human needs:
1 -
Don't let them get to you - Stay out of it emotionally and
concentrate on listening non-defensively and actively.
Customers may make disparaging and emotional remarks - don't
rise to the bait.
2 -
Listen - listen - listen - Look and sound like you're
listening. The customer wants to know that you care and that
you're interested in their problem.
3 -
Stop saying sorry - Sorry is an overused word, everyone says it
when something goes wrong and it's lost its value. How often
have you heard - "Sorry 'bout that, give me the details and
I'll sort this out for you". Far better to say "I apologize for
......" And if you really need to use the sorry word, make sure
to include it as part of a full sentence. "I'm sorry you
haven't received that information as promised Mr Smith". (It's
also good practice to use the customers name in a difficult
situation).
4 -
Empathize - Using empathy is an effective way to deal with the
customers feelings. Empathy isn't about agreement, only
acceptance of what the customer is saying and feeling.
Basically the message is - "I understand how you feel".
Obviously this has to be a genuine response, the customer will
realize if you're insincere and they'll feel patronized.
Examples of empathy responses would be - "I can understand that
you're angry", or "I see what you mean". Again, these responses
need to be genuine.
5 -
Build rapport - Sometimes it's useful to add another phrase to
the empathy response, including yourself in the picture. - "I
can understand how you feel, I don't like it either when I'm
kept waiting". This has the effect of getting on the customer's
side and builds rapport. Some customer service people get
concerned with this response as they believe it'll lead to -
"Why don't you do something about it then". The majority of
people won't respond this way if they realize that you're a
reasonable and caring person. If they do, then continue
empathizing and tell the customer what you'll do about the
situation. "I'll report this to my manager" or "I'll do my best
to ensure it doesn't happen in the future".
Make no mistake about
it; customers, be they internal or external, are primarily
driven by their emotions. It's therefore important to use human
responses in any interaction particularly when a customer is
upset or angry. If customers like you and feel that you care,
then they're more likely to accept what you say and forgive
your mistakes.
Alan
Fairweather -"The Motivation Doctor" - is the author of "How to
get More Sales Without Selling" To receive your free newsletter
and free e-books, visit: howtogetmoresales.com
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Get More Clients with the
Book Yourself Solid Trust Building Process - By Michael
Port
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An
effective sales cycle is based on building a relationship of
trust with your potential clients. I'm sure you've heard it said
before, but it's worth repeating, "People buy from those they
like and trust." It is truly as simple as that. Trust is
critical. Especially for the service professional and small
business owner.
Without trust, it
doesn't matter how well you've planned, what you're offering,
or whether or not you've created a wide variety of buying
options to meet varying budgets. If the potential client
doesn't trust you, nothing else matters. They aren't going to
buy from you. Period.
All sales
start with a simple conversation and are executed when a need
is met and trust is assured. The Book Yourself Solid Sales
Cycle helps us start the trust building process and helps us
systematically, automatically, and authentically move the
relationship forward.
If you're
good at making friends you'll be good at making sales. Sales is
often a confronting subject for many of us but as I mention
above the sales conversation is just that - a conversation. If
you can talk to people you can make a sale for the betterment
of the person that is buying your product or service. It's not
about manipulation or coercion.
In order to
design a Sales Cycle for your business, you must first
establish your 6 Part Foundation and your 6 Part Trust Building
Process. The combination of these two exercises will give you a
Sales Cycle that will attract more clients than you can handle,
even if you hate marketing and selling.
The
6 Part Sales Cycle Foundation - The Who, What, Where, When, Why
and How
The
foundation on which you rest your Sales Cycle is crucial. You
need to have a solid foundation before actually designing a
sales cycle. To build a foundation which will give you rock
solid security you must clearly and concisely identify the who,
what, where, when, why and how. This will ensure that the
offers you're making in your 5 Stage Sales Cycle Process are
right on target.
- Who Is
Your Target Client/Customer? Focus on one person (or
organization) within your target market.
- What Are
They Looking For? You've got to understand what your ideal
client or customer is looking for.
- When Do
They Look For You? What needs to happen in their personal life
or work life for them to want the kind of service that you
offer?
- Why You?
What is unique about you or the solutions you offer?
- How Do You
Want Them To Engage with You? What is it that you want a
potential client to do when they find you?
The
Book Yourself Solid 6 Stage Sales Cycle Process
In creating
a sales cycle you'll design a step-by-step way to ease your
potential clients from the first stage; getting them to your
website, to the end stage; your highest price-point product,
program or service.
Stage 1: The
idea in this stage is to introduce yourself to your target
market and begin to create awareness for the services,
products, and programs you offer.
Stage 2:
Give/Engage: Now that you've got your prospective client to
your website (or other meeting place) you need to offer
solutions, opportunities and relevant information in exchange
for their email address or other way of continuing the
conversation.
Stage 3:
Keep giving low-barrier for entry offers of value-rich content,
opportunities, experiences etc. Your goal is to build trust and
deepen the conversation.
Stage 4: If
potential client responds to Stage 3, assess then make an email
or verbal offer based on the most appropriate products,
programs and services.
Stage 5: If
client accepts offer and becomes client/customer! Thank them,
celebrate and then over-deliver. Surprise them with
value.
Stage 6: If
prospect does not engage and become a client or customer, still
go above and beyond to offer something of unexpected value and
keep in touch, keep in touch, keep in touch. Always offering
value and deepening the bond of trust between them and you.
When they NEED your services you will be top of mind.
There are a
multitude of ways to build trust with your potential clients
and to ease them toward purchasing your higher price point
offerings. There is no 'one' right way, so use your imagination
and creativity to tailor your sales cycle to what works best,
feels most natural, and resonates most with you. This can be
done in a 3-stage process or a 15-stage process. It's really up
to you, but I've found through experience and research that a
6-stage cycle at a minimum is most effective.
The key is
to remember that all of your marketing is about getting your
message out to those who most need, and will most greatly
benefit from, your services, products, and programs. It's about
connecting with your potential clients to develop and deepen
genuine relationships based on trust. When you understand and
incorporate this philosophy into your marketing, it makes the
sales process easy, relaxed and wildly successful.
Get
more clients with Michael Port, expert marketing coach for
small business owners and professional service providers. Free
small business resources, networking opportunities, articles,
advice and coaching on professional services marketing at
michaelport.com . Receive a free chapter from
'Book Yourself Solid' at bookyourselfsolid.com © 2006 Michael Port &
Associates LLC
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Ask The Expert - With Sales
Coach Brian Hilliard
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Q. What's the one
thing a busy entrepreneur could do to be more successful in
building their business?
A. Just one thing huh?
Well I'd definitely say time management, adapting to new
technologies, and good old-fashioned "stick-to-it-iveness" are
all in my Top 5, but if we're going with just one, "Asking the
right questions in sales-related situations" is
it.
Why? Because
it doesn't cost anything, it separates you from the
competition, and very few entrepreneurs are doing it. A good
sales-related question is a genuine effort to gather more
information, while at the same time uncovering some of the
prospect's buying motivations.
What are
some of their current challenges and what steps have they taken
to alleviate the situation? How much of an impact has this had
on the organization's bottom line? And if they were making a
list of "must haves" from service providers similar to
yourself, what would a couple of those items be?
In other
words, your questions should be about uncovering their
challenges and understanding their situation. Not a series of
thinly veiled attempts to have them work with you right
away.
Prospects
hate that.
So do
yourself a favor and jot down a few questions to ask during
your next prospect meeting, and see if that doesn't help you
come across as the cool, calm professional who everyone wants
to work with.
Any
questions?
As a popular
speaker and author, Brian is recognized as the leading
authority in showing busy entrepreneurs how to get more leads
and close more deals. If you have a sales or marketing
question, just email info@agitoconsulting.com
and stay tuned for a response.
Be sure to visit
agitoconsulting.com
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Countdown to Success:
Twelve Things to do Twelve Months in Advance - By Susan A.
Friedmann, CSP
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When
a show's a year away, it may seem like you have lots of time to
get ready. But appearances can be deceiving. Twelve months is not
long, especially with all the pre-show planning, training, and
preparation you've got to do. Here is a checklist of sixteen
vital items that need to be done approximately one year before
you set up your exhibit:
1. Identify Where The Show Fits In Your Marketing
Strategy
Every show has a purpose. Do you want to introduce a new product
to a new market? Increase existing services in an existing
market? Increase your visibility in a new geographical region?
Reinforce existing customer relationships? Knowing what you want
to achieve at any given show is vital to your success.
2. Decide Which Products To Focus On
Your company may produce dozens, even hundreds of different
products. Obviously, you can't showcase all these items at a
trade show. Attendees would be overwhelmed. Instead, with one eye
on your marketing strategy, select those products that need to
take center stage. Remember that 70% of people attending shows
are looking for something NEW!
3. Identify Your Target Audience
Ideally, every show would be attended solely by consumers
desperate to buy your products and services. However, things
don't always work that way. Determine who the decision makers are
in your industry, and exhibit at the shows they attend. You want
to spend your time talking with the people who have the power to
make purchasing decisions.
4. Identify Your Exhibit Objectives
Clearly explain to your booth staff what goals you expect them to
meet during the show. Make these goals quantifiable. Examples
could be number of leads generated, target sales figures,
gathering marketing intelligence or educating your target
audience.
5. Write an Exhibiting Plan
Writing out an exhibiting plan not only clearly delineates what
needs to be done before, during and after the show, what your
exhibit team need to do, and a timetable. Include every step of
the show in the written plan, leaving nothing out. Re-reading
this plan will allow you to identify any items you've
overlooked.
6. Establish an Exhibiting Budget
An exhibiting budget should include every item needed for show
participation. Beyond registration and space rental fees, include
charges for show services and transportation. Add in the cost of
your exhibit design, signage, graphic, and display materials as
well as advertising, promotion and special activities. And,
finally, don't forget your exhibit team's travel, accommodation
and meal expenses.
7. Reserve Your Booth Space
Prime real estate go fast! To get the booth space you want,
remember to reserve early. Avoid 'discounted' spaces in out of
the way aisles or near the bathroom. The savings realized won't
balance out all the attendees who never get near your booth - or
worse, who go by in a big hurry with other things on their
mind!
8. Pay Deposits
Check in with the accounting department to make sure deposits are
paid on time. This often-overlooked item can cause all kinds of
headaches, not to mention high late-payment charges.
9. Ensure Booth Design Meets Objectives
There are no one-size-fits-all displays. Make sure your design
meshes with your marketing plan, helping to support current
objectives while maintaining your corporate image. Booth layout
is vital. Make sure it contains all the needed elements,
including a 'quiet' place to talk with hot prospects.
10. Assess Your Current Exhibit
Give your current exhibit a critical once-over. Does it still
look sharp and engaging, or is it tired, faded, and worn? Signage
and graphics sometimes travel around the globe several times in a
year - and they don't always look better for it. Check flooring
material for wear and tear as well as your other displays.
11. Purchase New Items as Needed
Order new graphics and signage as far in advance as possible.
This way, if there are any mistakes, you'll have time to make
necessary corrections. Additionally, allowing yourself extra time
gives you the room to negotiate for the best deals. As you
replace worn items, make sure the old ones are disposed off - you
wouldn't want your booth staff setting up last year's signage by
mistake.
12. Order Show Services
Show services should be ordered in advance. These can include
electricity, signage, audio/visual equipment, booth cleaning
services, plants and flowers, telephone and computer hookups,
waste removal, and furniture. You'll be sure to get everything
you need, and enjoy a substantial savings over those who wait for
the last minute to order these items.
Written by
Susan A. Friedmann,CSP, The Tradeshow Coach, Lake Placid, NY,
author: "Meeting & Event Planning for Dummies," working
with companies to improve their meeting and event success
through coaching, consulting and training. For a free copy of
"10 Common Mistakes Exhibitors Make", e-mail: article4@thetradeshowcoach.com;
website: thetradeshowcoach.com
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Good Managers Manage Well :
Rules for Longevity of Staff - By John Delves
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Good managers manage
well. Great managers have learned how to keep good
employees.
Rules for
longevity of staff:
1. Hire people, who
have a positive attitude, you can always train them in a
particular skill area. Positive attitudes have a way of rubbing
off on other employees. (Ref: 'FISH" and other great books)
Customers like doing business with companies that have a
friendly and helpful staff.
2. Thank
you. That's it, take the time - make the time and just say
Thank you. Check the pulse of your employees; see how many
would say," We get thanked all the time". What they will
describe is a "leave alone ZAP" environment. They hear nothing
until they mess up or make a mistake and then they can expect
to have a one on one. Seems as if the only feedback they hear
is negative.
3. Create an
Inverted Organization Chart, ( Top ranking employee on the
bottom supporting the other levels of the company) and use
quality photos of the individuals with names instead of the
names and titles. This helps visitors recognize staff members
and their roles.
4. Liven up the
environment. Look for ways to improve the office area for
comfort, ease of use, aesthetics and the personal touch. The
Hawthorne Study- 50 years ago - proved that by paying attention
to the work surroundings productivity increased. Make it more
pleasant, change things like paint, broken and old furniture,
hang pictures that the employees like, add live plants and
provide mini lessons on how to care for the plants.
5.
Reward creativeness in Customer Service. Reward the front line
employee who has found ways to keep the customers involved and
demonstrates innovative means of building relationships.
Relationships are built on trust and care. The most effective
way to build the relationship is to empower the employee to
solve problems that customers have, without having to get a
mangers permission to act. It cost 5 times more to get a new
customer than to keep an old one.
6.
Praise is the most powerful tool managers have at their
disposal but it is so infrequently used. Praise for specific
actions, avoid the dreaded "Jelly Bean Praising". Always take
the time to review what was done, who did what and when it was
accomplished. When you give praise be sure to be sincere, be
exact, say how you feel, encourage more of the same type
behavior and remember sooner is always better then later. Do it
now. Look for things to recognize and praise; set a goal to
find at least one, two or three actions every day that are
worthy of a real praising.
7.
Surprise - Surprise - Surprise. Once in a while do something
for the team that is out of the usual. Have executives prepare,
cook, serve and clean up for a mid day meal or summer barbeque.
Get gift certificates for Movies, Theatre, Concerts or local
amusement parks. The key is doing something that is not the
usual reward.
8.
Celebrate. Help employees feel appreciated for work well done.
Learn the secrets of making the work place a fun place.
Employees who look forward to coming to work always give more
to the company. Consider a fun time for those who accomplish a
particular goal. Goals must be SMART. (Specific, Measurable,
Agreed upon, Realistic and Trackable). Employees who know what
is expected usually meet and exceed those expectations.
9.
Giving for the sake of giving. Many companies have found
employees respond in a super manner when the organization
supports efforts of employees in the community. Wal-Mart, Home
Depot are just a couple that have found employees rally around
causes that help people who are less fortunate. Working
together for a common cause creates a cohesiveness between
employees that carries back over to the actual job.
10.
"Fun Funding Fines" Ask employees to identify things that
others do that bug them. Such things as; loud conversations,
continuous interruptions, missing and tardiness at meetings,
ignoring other peoples input, and similar activities that the
members of the team would like to eliminate. The list of
situations needs to be agreed upon and kept fun. Look for ways
to tell people they are "doing it again" and fine them a token
fee. The employees can decide how the collected fees will be
used. Keep it fun.
I
hope you will find that these few ideas on how to reduce
turnover and keep your best employees are worth trying.
©2006 Southeastern
Training & Development, Inc. Used by permission from the
author setrainingdev.com
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Have You Created an
Impossible Business? - By C.J. Hayden, MCC
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It's
easy to think that any business can be successful if you work
hard enough, but there are many situations where this just isn't
so. Consultants, coaches, and other service professionals often
start a business believing that all they need to do is charge a
"reasonable" fee and sell "enough" of their time. But unless you
do the math to prove or disprove your assumptions, you may be
creating a business that can never succeed. Here's what can
happen:
- Impossible Business #1 -
My client Molly was selling her services as an image consultant
to individuals who wanted an updated or more professional look.
She charged $50 per hour, which she thought was the most anyone
would realistically pay to work with her. In most cases, she
traveled to a client's home or went shopping with her
client.
Including travel time and lunch meant that Molly could only make
two appointments in one day. The average appointment was two
hours long. So the maximum amount Molly could earn in one day
turned out to be $200. But in order to earn that amount five days
per week, Molly would have to schedule ten different clients, all
of whose schedules were able to adapt to whatever times she had
available.
This was hopelessly unrealistic. Even if Molly had been able to
make the scheduling work, when would she have had the time to do
the marketing required to land that many clients? It turned out
that the maximum Molly could really earn using this model was
about $500 per week. After paying her taxes, she couldn't even
cover her monthly living expenses.
- Impossible Business #2 -
Fred was a student of mine who worked as a software consultant
for midsize corporations. He typically charged $75 per hour, and
when he landed a contract, it often consisted of 20-100 billable
hours.
Because Fred's earning capacity was so high and he disliked
marketing, he spent a lot of money on marketing himself
indirectly. He purchased display ads in industry journals and
directories, mailed expensive brochures to large lists of
prospects, paid to exhibit at trade shows, and hired a
telemarketer to prospect for him. Fred also worked on contracts
that came through agencies, who often took 20-30% of his earnings
as their percentage.
Fred was earning as much as $80,000 per year, but he was losing
about $10,000 per year in agency commissions, and spending
$20,000 per year on marketing. In return for all his hard work,
he was earning considerably less than he had at his last
job.
- Making the Impossible Possible -
New consultants, coaches, and other professionals almost always
overestimate how much they can earn and underestimate the amount
of time and money required to successfully market themselves.
They also forget that they will have to cover not only their
living costs and business expenses, but pay self-employment tax,
buy their own health insurance, provide for their own retirement,
and allow for unpaid vacation and sick time.
If Molly or Fred had taken the time to sit down with a calculator
before starting out in business, they would have quickly
discovered that they were on the wrong track. But both of these
businesses were able to be rescued.
Molly began selling her time by the day instead of by the hour.
She offered her clients a full-day package that consisted of a
wardrobe review and consultation in the morning and a shopping
trip in the afternoon. By charging $395 per day and scheduling
three clients per week, she could earn more than double than she
did previously.
She also began offering a monthly one-day image workshop as a way
of bringing in more income while giving prospective clients a
chance to experience her work. The workshop became her main
source of new clients, and marketing the workshop turned out to
be easier than marketing her personal services.
Fred learned how to market himself less expensively through
networking, speaking, and writing articles. Instead of buying
booths at trade shows, he was showcased there as a presenter, and
spent time networking with the other attendees. The same
publications where he used to run ads now ran his articles.
Rather than paying a telemarketer, he started picking up the
lunch tab for people he thought could refer him some
business.
As a result, his expenses for marketing and commissions dropped
from $30,000 per year to $10,000. At the same time, his income
rose to $100,000 per year, because as his visibility and
reputation grew, his services were more in demand and he could
command higher rates.
If earning a decent living as a self-employed professional
sometimes seems impossible to you, start asking how it could be
possible. What can you change about how you are marketing
yourself, how much you are charging, and how you are packaging
your services? While it could be that success will come if you
just work a little harder, it's more likely that you first need
to start working a little differently.
C.J. Hayden is the author of Get Clients NOW! Thousands of
business owners and salespeople have used her simple sales and
marketing system to double or triple their income. Get a free
copy of "Five Secrets to Finding All the Clients You'll Ever
Need" at getclientsnow.com
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7 No Cost and Low
Cost Tips to Market Your Business - By Kathleen
Gage
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Marketing a business
can be fun, exciting and creative. It can also be very
frustrating and expensive if one doesn't know what outcome they
are looking for or how to evaluate cost effective methods of
marketing.
Over the years people
have come to know me for my unique ability to develop low cost
and no cost strategies to market and promote a business,
product or service. Strategies that have realized incredible
returns.
Some of my successes
have included:
-
Before my last book was published I pre-sold over $8,000 in
books
- Over 250 people registered for a recent seminar in less than
2 weeks and the cost to promote was under $25
- One company used my strategies for a career expo and made
over $180,000 in consulting fees
- One speaker sold over $23,000 in product sales back of the
room at a two hour seminar with strategies outlined in my
program
I
don't share this to impress anyone, rather to impress upon you
when using the right strategies for your market, you can
realize some incredible results. People have also come
to know me as someone who is a stickler when it comes to
putting systems in place. My marketing successes are a direct
result of the systems I have implemented.
With a bit of
forethought, planning and desire, you can successfully market
your business in a very effective manner. Below are seven
proven strategies sure to increase visibility, leads and
sales.
1. Business
Cards
Business cards are often one of the most underutilized tools in
one's marketing. Use the front and back of your business card
to gain full benefit. Depending on your market you can put some
very valuable information on the back such as a sports
schedule, emergency numbers, or special dates people want to
remember.
Keep some in your
wallet, your automobile, on your desk, and some at home. Be
sure to carry them with you wherever you go and be willing to
hand them out as opportunity presents itself. Creatively
distribute your card. When you eat out you can leave one with
the tip. If you borrow a library book, use one as a book mark.
Hand them to clerks in stores who may know other people who
could use your product or service.
When someone gives you
their business card be sure to enter their information in your
database. Send them a short note or email within 48 hours of
meeting them to keep your name fresh in their mind.
2. Send a
picture.
A great way to keep your name fresh in a customer's mind is to
send them a picture of when they purchased a product or service
from you. Put a picture of a
buyer's auto purchase in a beautiful calendar. Likely, the
proud owner of the vehicle will display the calendar for the
next 365 days.
For
specialty gift shops, when a customer makes a substantial
purchase, have a picture taken with the shop owner. Frame the
picture and send it to the customer. Chances are very good the
picture will be displayed proudly for friends and family to
see.
A
dentist who specializes in smile makeovers can easily arrange
to have a professional makeup artist and photographer capture
the patient's beautiful new smile. No doubt the patient will be
more than happy to show others their new look.
3.
Associations
Associations particular to your market are a great resource for
marketing. There are associations specific to virtually any
industry, job type or business. A quick web search will likely
show you how much is available. A major opportunity
within many organizations is the chance to network.
Additionally, to make presentations. Along with presentations
come publications. Often, when you do a presentation, you will
get a mention in the association newsletter, their Ezine and/or
on their website.
In
many cases, when an organization has a newsletter or Ezine,
they welcome the presenter writing a press announcement for
them. It saves them time and often assures you have a better
chance of the information making it into the publication. They
may also welcome you writing an article for their publication
or website. This lends itself to pre-presentation visibility.
Additionally, you will position yourself as an expert and
increase credibility.
Most organizations have
the following opportunities that can help you to gain
visibility and do some very effective marketing:
-Newsletters
-Internet listings
-Links to you website
-Discounted advertising rates
-Networking opportunities
-Business referral services
-Special recognition events
-Education seminars
-Business and membership directories
In
many cases you will need to be a member of the association to
take advantage of the multiple marketing opportunities. In
other cases membership is not necessary.
4. Committee
Involvement
Committee involvement is a great way to give back to the
association or community while building visibility for you and
your business. In some cases, you may even want to get involved
in a committee where you have little experience or knowledge.
This will give you an opportunity to stretch yourself and meet
and network with individuals you may not have otherwise had the
chance to meet.
5. Contests and
drawings
Contests are a favorite for many businesses such as restaurants
or those that have high foot traffic. Contests are a great way
to build your database quickly. You are generating very hot
leads when you have a contest with people who have already
frequented your place of business. The key though is to do back
-end marketing. Far too many businesses hold contests, get lots
of names and do nothing with them. In this case, it is a
complete waste of time to hold a contest.
You can advertise a contest to gain new foot traffic in your
place of business. Trade show booths are a great place to hold
a contest. Pre-show marketing helps to generate traffic at your
booth. Invite people to stop by booth # _____ (whatever your
booth is) to enter to win. Creative contests can also generate
free publicity.
6.
Cross-promoting
Join with other companies who have products or services that
compliment yours and promote each other. Let's say you have a
massage business. You could partner with a candle company to
sell their candles to your massage clients. They can give out
coupons for your massage business. Or the candle company can
partner with a gift basket company. Cross-promoting is only
limited by your imagination.
This can considerably
cut down the cost of business promotion and allow each business
to use promotion techniques that might be too expensive to
implement alone.
7.
Bonuses
Secure special offers from various businesses who want to share
a similar market as you. When a customer buys a minimum amount
they receive a bonus packet with the various offers from the
other vendors. This is a win/win all the way around. The other
vendors gain visibility, you have something extra to offer you
customers and the customers get incredible value for their
purchase.
Be
aware of who you cross-promote and joint venture with. You want
someone who will be equally committed to a campaign.
About the
author
Kathleen Gage is a business advisor specializing in marketing
and promotions for small and home based businesses. She is a
keynote speaker and the author of -101 Ways to Get Your Foot in
the Door - and - 101 No Cost and Low Cost Tips to Market and
Promote a Product, Service or Business. To access her FREE
report, Learn How One Salt Lake City Consultant made Over
$100,000 from One Idea, visit streetsmartsmarketing.com
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