Tips & Tricks
Grow
your business - the essentials
Growing a business is similar to tending a vegetable
garden. Knowledge, careful planning, organised systems,
use of proper tools, continuous care and dedication
give you the very best chance of producing a beautiful
and
abundant garden that brings forth fresh 'veggies' for
years to come.
The
same is true when it comes to growing your business.
By following a specific sequence of steps, just
like growing a garden, you can succeed. Neither
can be accomplished with a haphazard approach.
Discovering
how other businesses are growing, thinking through
your marketing strategy, taking an organised approach,
using the proper tools to get the word out and
focusing on achievement will help you reach your
business goals and set you on the right path towards
accomplishing your greatest success.
Prospecting
For
most products and services it is imperative to
first generate qualified prospects. Only then do
you work on converting those prospects into first-time
buyers, repeat customers and finally, lifelong
customers. If you are trying to generate an immediate
sale, you are going to be disappointed with the
results. You will make most of your sales by following
up with your prospects regularly.
A
person is a prospect only if he or she has:-
- a genuine interest in the particular product
or service you provide
- responded
to one of your offers
- provided
you with contact information (i.e. name, e-mail,
etc.)
- the
authority to buy your product or service and
can afford it.
Everyone
else is a stranger, not a prospect.
Target
You
cannot try to market to everybody. When you do
you are marketing to nobody. Choose a niche market
and focus on your main audience. Target them in
all of your marketing materials.
Offers
To
get people to respond to your marketing, develop
an enticing offer and get it in front of as many
people in your target market as you can. Perhaps
a free tips report, a free e-zine or free sample.
The best offers are generally the free offers.
Getting
the word out
There
are a multitude of ways to get the word out about
your offer. You can try traditional marketing,
such as direct mail, press releases, networking,
advertising etc. or, you can use the internet for
on-line networking, affiliate programmes, link
exchanges, joining in discussion forums, submitting
to search
engines and so on. Whatever you choose, schedule
time each day to market your business. Write it
on your calendar. When it's written down, it is
more concrete and there is a better chance that
you will do it.
Follow
up
Once
you begin to generate prospects, it is imperative
that you get their contact information (i.e. name,
e-mail address and any other pertinent information)
into an organised database. Why all the work? Because
follow up is the key to successful marketing. Once
you have contact information you can continue to
make enticing offers for your products or services
(i.e. discounts, gift certificates, 2-for-1 deals,
etc).
One
product or service
Choose
one product or service to market at a time or you
are liable to confuse your prospects. You can have
more than one product listed on your web-site.
However, when you contact your prospects, it is
better to focus on one thing.
Guarantee
Guarantee
your products or services. Offer at a minimum 100
percent money back guarantee. When it is clear
that you stand behind your products or services
you will have accomplished a trust factor. This
is
called risk-reversal.
Proactive
Don't
use the passive marketing technique. That is when
you distribute general information, verbal and
written, about your business, then just sit around
waiting for the telephone to ring or your e-mail
in box to fill up with orders. That just doesn't
happen you have to be proactive.
Track
Track.
Track. Track. That is the mantra and I can't say
this enough. Keeping accurate numbers will help
you make good marketing decisions. If you dont
know what's working you are going to waste a lot
of time and money. However, if you do know exactly
what is working for you, you are practically guaranteed
to reach your goals.
Want
further information? Contact Graham King using
the contact details above.
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