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3 Marketing Strategies Most Businesses Never Think About
Copyright (c) 2007-2012 Dan Lok
Have you ever sat down and wondered how you can build the core strength of your business? You're in business to make money. We all are. But step away from images of cash and fat bank accounts for a moment.
Today you'll learn 3 serious strategies you can start implementing right away. And if you do it... you'll discover a LOT about your business, your customers, and you'll have a clear path.
Business Building Strategy #1: Talk to your customers
Effective marketing begins with knowing about your customers. And there's NO better way than to simply talk to them. I don't mean just put up a blog, post some comments and see who replies.
I've seen way too many established marketers who either don't interact, or do it very minimally, with their established and potential customers.
If you've successfully branded your self, or want to, then realize that people just don't want to buy from you... they want YOU! So give them what they want and in return you'll get what you want.
People really do want to tell you what they're thinking, or what they want.
There are so many questions you can ask them. Ask them about your business, how you're doing with products, your customer service, how could you make a product better, did it satisfy their needs, if not... why not, on and on and on. Ask them about their problems, their buying experience with you.
You see? It's so simple.
You can learn SO much from your customers and potential customers. And they'll become even more valuable to you. And...
Do not forget to listen!
Business Building Strategy #2: Organize your customers
You never market to "the general public." Got that?
It all depends on your market. But who makes up your market? You have men, women, teenagers, adults, younger and older adults, race and ethnicity, geographic location, income, etc. And they ALL respond in different ways to your marketing approaches.
So you need to organize your target market into related groups. Then you learn the most effective way to communicate with them. At that point you can refine your marketing to each group based on what works best. You can buy this kind of research, or start doing your very own testing. It'll be priceless testing.
You can organize your market according to behaviors. Usually you will look at a particular market group and divide them into practical categories. For example, younger adults who are in college. Teenagers planning to attend college. Older adults by professional status, hobbies, buying habits between men and women.
It really depends on what you're marketing that will determine how you want to organize your overall target market.
Business Building Strategy #3: Business and product positioning
Very simply your business/product positioning determines how your target market thinks about you compared to your competition. Think about all the adjectives businesses use to describe how great or unique their product, business, or service is.
You have the cheapest, least expensive, the freshest, the most exciting, the most athletic, the classiest, the most masculine, or the most feminine. You need to subtly, or not so subtly, compare what you offer in relation to the alternatives.
And you have to do it in a way that makes yours standout from the marketing roar.
There are several considerations when you're talking about positioning.
It's typically based on benefits or removing barriers. One effective way to find out what benefits your market is looking for is to simply ask them. But we've covered that. So there is just ONE benefit of talking to your customers, or potential customers. And you must realize this... what you think the benefits are might be different from what is matters to your customers!
So there you have it.
The first place to start thinking about is your target market. Do some serious thinking and figure out EXACTLY who your market is. Then you know what needs to be done.
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A former college dropout, Dan "The Man" Lok transformed himself from a grocery bagger in a local supermarket to an internet multi-millionaire. Discover how you can maximize your website profits in minimum time. For a limited time, you can test- drive Dan's Insiders Club for 30-days Risk-Free and get $1,165 dollars worth of bonus gifts. Rush cover to: http://www.websiteconversionexpert.com/testdrive.html
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Top-Level Category: Business Online Articles
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Article Statistics
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Word Count: 659
Total Views: 930
Views This Month: 10
Views Last Month: 20
Article Rating: 2.29 of 5
Votes Cast: 7
Author Overall Stats:
Times Viewed Overall: 45544
Author Rating: 2.62 of 5
Votes Cast Overall: 395
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