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Add You - The 3 Letter Word You Must Know to Prosper in Your Business
Micro Entrepreneurs 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?"Micro entrepreneurs are the owners of small businesses that have fewer than five employees and have startup costs of less than $35,000 and annual revenue of less than $100,000. There are nearly 21.5 million micro entrepreneurs in the U.S. Examples of micro entrepreneurs are owners of bakeries, beauty parlors, child care facilities, repair shops, arts and crafts shops, painting businesses, contracting businesses, family-owned shops, auto body shops, small-scale restaurants, and small-inventory trading businesses.Micro entrepreneurs face many hurdles in getting startup financing, and they sometimes lack the skills necessary to manage the financial aspect of their business. As a result, many micro entrepreneurs cannot grow and develop their business beyond a micro enterprise. Various micro enterprise development programs have helped micro entrepreneurs achieve great success and growth. These micro enterprise development programs have immensely helped micro entrepreneurs who lack collateral needed to secure a loan or those who have low or no credit by providing them with training, support, help in developing a solid business plan, and assistance in building their businesses. Successful micro entrepreneurs have contributed much to society by creating wealth, economic assets, and jobs.How To Become A Micro EntrepreneurIt is essential to study the market thoroughly and understand that market’s customers before deciding on the type and kind of product or service 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 posit Looking for a Catalog Printing Company? 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.We all know that there are so many ways on how you can produce professional-looking catalogs. Essentially a great catalog is one that has the capability to market your products and services. Catalogs are important in any kind of business. They’re one of the most effective components that make up an unbeatable marketing plan.With catalogs, you can call attention to the products and services that your company is offering. The catalogs can be informative or promotional. Usually, the catalog prints give details about some products as well as services that the business has. To be able to make a well-designed catalog, you should plan for it carefully. Make sure that everything is in order before you decide to submit your catalog file to the printer.The question is – to whom are you going to submit your print job? Are the services of high quality? It’s very important that you take into consideration the performance of the catalog printing company before you entrust your project to them. The printing services of the company must meet your requirements if you want to do well in your marketing plan.There are many factors that you should think about when selecting a printing company. Certainly there are different printing services offered by a company. They vary in terms of features and pricing. Also there are several printing programs that are available to make catalog printing easier and faster.Of course, anyone who’s dealing with a catalog printing projec 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 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 posit Business Financing Options for Canadian Companies hy should they get much patronage if they fail to offer any appealing promise, unique feature or special service?One of the biggest challenges for Canadian company owners is obtaining business financing. As a first instinct, owners usually try to go to the bank hoping for a business loan or line of credit. They soon find that qualifying for bank financing is hard, as the bank will demand collateral and three years worth of financial statements. Although large companies can qualify for bank funding, most small and midsized companies can’t. However, small companies are not out of options. There are two alternatives.If the business sells goods or services to other businesses and your main challenge is that they need money to pay suppliers or employees, the solution could lie in using two little known financing products – invoice factoring and purchase order financing.Most small and midsized businesses have cash flow problems because clients take 30 to 60 days to pay their invoices. Although waiting to get paid is a standard business practice in Canada, it can wreak havoc on the company’s finances. Because, while waiting to get paid, business owners still have to pay employees and suppliers, who coincidentally, don’t like waiting to get paid. Factoring financing can provide an advance on your invoices, supplying the cash flow the business needs to pay employees and suppliers.Another common cash flow problem happens with a reseller gets a large order that he can’t afford to deliver. Usually, this happens because they don’t have money to pay their suppliers for the goods 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 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 posit Warning: Objects Within Your Browser Window Are Smaller Than They Appear! nother one to build your business on. Just be sure it's unique and that you can fulfill it.Is your internet window showing objects (companies) that seem larger than they appear? I think so. The Internet not only has allowed us to market to the world but it also has allowed many companies to hide their true nature and size.Some Consumers Want To Work With Large Companies:Many companies out there try to make themselves seem larger than they appear and sometimes they do this on purpose. There are consumers out there that feel more comfortable going with established companies that have a team of employees and (apparently) have more responsibilities to their employees and clients.Other Consumers Would Rather Work With Smaller Companies:Then there are other consumers out there that can't stand working with big companies and would rather work with the little guys who treat every customer like they're family.The problem lies with the misconception about how large or how small your company really is. See, if you give an appearance online that you're a massive company when you're not, this might actually backfire on you once people call for your products or services. People don't like to be misled in any way, shape, or form.Smartads has 5 people involved with us on a daily basis. We are not a team of 1 but at the same time, we aren't a monster company either. Our contact pages reflect this as well.Do You Have 10 Email Accounts Online That All Go To One?It's when you go through a companies contact page and they have an 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 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 posit How To Best Select An Affiliate Program s in No Less than 12 Different Sizes and 10 Desirable Colors, in price ranges from $6 to $600."Marketing products and services through the Internet is unquestionably easier and more rewarding compared to traditional marketing methods. With the millions of people worldwide getting online each day, there’s an enormous possibility for a merchant to sell his products and generate huge income.However, merchandisers are not the only ones who can benefit from online marketing. A booming industry nowadays, provides great opportunity as well to individuals as affiliate marketers. In affiliate marketing, an affiliate marketer doesn’t need to have his own products and services to sell. All he needs to do is to refer people to the merchant’s business site for them to buy the products and thereby, earn a commission.The key to an affiliate marketer’s success is to choose a good affiliate program and to employ excellent marketing techniques in promoting or selling the products to consumers. Why good and not the best affiliate program? There is no “best affiliate marketing program,” as one program might make one affiliate marketer a millionaire and the other a frustrated marketer. In other words, it can be a success to one and a failure to another. But there certainly is a good affiliate marketing program to start with. How to make it best would now depend on you.But before you think how you are going to make it best and financially rewarding, first think about how you are going to land on a good affiliate program with the thousands of affiliate marketing opportu 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 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 posit How To Avoid Lawn Care Business Failure 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?"Why Most People Fail With Their Lawn BusinessIt is a chilling fact that 80% of small lawn businesses fail within 2 to 5 years in the United States. But for more than one reason, I managed to stay in the 20% group that succeeded.Was I lucky? What secret ingredient was I using and not aware of? Of the ones that survive, why is it these lawn mowing business owners are not hitting the jackpot with their businesses?After I tenaciously began to search for the answers, I eventually found them. I cut them down into the top 4 major reasons people fail (or barely get by) with their grass maintenance business. It is my sincere hope that anyone reading this article will make a stern decision to avoid these 4 subtle business killers.IgnoranceThis is the story of the first part of my life. I grew up in a middle income family. Both parents were highly educated and had worked for other people their whole lives. In fact, all of our family friends never owned their own businesses. That was the environment I was raised in and I was never taught that I could work for myself.For the average person, this too was his life story and maybe it’s yours. In every area of his life he is surrounded with the old truth of ‘go out and get a good job’. Even the circle of influence he has around him doesn't include people who are wealthy. There isn’t really anyone he can think of that has ever said to him that the way to wealth is with 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 much about available choices and options as your salespeople. Give them reasonable authority to replace, repair or reinstall if there is any dissatisfaction. Make them aware that their jobs depend on ensuring that the promise behind your USP is fulfilled. They should prove that the USP is real and that the entire company is enthusiastically committed to doing whatever it takes fulfill the USP promise. Anyone in your employ who does not, cannot, or will not promote your USP should be immediately replaced with someone who can and will. Your real wealth comes from repeat or residual business, which will only happen if every aspect of your business is a continuous extension of your USP. You can send a personal thank-you note to your customers. You can send a gift or a gift certificate. You can send items to correspond with holidays: A box of candy on Valentine's Day; a poinsettia, a turkey or ham at Christmas; a birthday card -- the possibilities are many. If you add up the customer's value in future bu
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