Whether
you already run a business or are thinking of starting
one, effective marketing is one of the keys to
your success. Conversely, failure to pay sufficient
attention to the way you present yourself to actual
and potential customers is one of the shortest
routes to obscurity.
So, culled from the advice given over many years to my clients,
here are my top 10 tips for putting magic into your marketing,
with special regard to the needs of people starting with limited
resources.
Tip #1: Identify your prospects
Who exactly are your potential customers? Without being able to
clearly and concisely answer that question, your marketing campaign
will be a hit-and-miss affair with little hope of real success.
Too many people new to business think they can sell to everyone.
Craftsman-made, high-quality goods sell to people who appreciate
and can afford them, not to bargain-hunters or people with good
taste and no money. Cheap-and-cheerful, mass-produced products
sell mainly to people with less discrimination and lower incomes.
Tip #2: Understand why people buy
People buy in order to feel good, or to satisfy a pressing need
or desire. They buy with emotion and justify with logic. Give them
good emotional reasons to buy, then show them why their purchase
was a really sensible move.
Tip #3: Sell Benefits, not Features
People buy solutions - otherwise known as benefits - not features.
They only care about what your product or service can do for them.
They want to know that it will do something to improve their lives
in some way - not that it is packed with technology they neither
understand nor appreciate. Look at your product from a customer's
point of view - would you buy it? What advantages does it have
over the competition?
Tip #4: Use simple language
Keep jargon for shop-talk with your colleagues - keep it out of
your sales literature, unless you are selling to the trade or a
highly technical market. People hate unexplained acronyms in body
text. Use plain language and keep sentences reasonably short.
Tip #5: Create a coordinated corporate
image
You don't have to be a multi-national to have a corporate image.
Look at how you or your company appears to your customers from
their point of view. What do they see when opening your envelope?
What effect do the colours, typeface, layout, paper, etc have on
people? Have you ever asked them? If you have a high quality product
or service, you need to position yourself appropriately in the
marketplace using well-designed, high class print and promotional
material to project a consistent, congruent image.
Tip #6: Use free and low-cost advertising
Before spending a fortune on media advertising, consider the possibilities
for self-publicity offered by story-hungry local newspapers and
radio stations. Study them carefully and angle your copy to match
their house style. Get yourself interviewed. Consider using leaflets
delivered door-to-door to sell domestic products - one way to accurately
target your market. Use cards or posters in shop windows or notice
boards if appropriate. For mail order products, test classified
ads followed up with sales letters before venturing into display
space. Always create coded ads so you can track results, otherwise
you will never know what works and what does not.
Tip #7: Concatenate your products
Concatenation is the process of forming logical links between your
products such that one purchase will lead to others. For example,
having read this article you may want to know more about my company's
services and publications. I may consult for you one day, which
may lead on to writing your sales literature or training your sales
team. Using this technique, you can approach prospects with low-cost
- or even free - offers, knowing that a percentage of them will
go on to buy your more profitable lines later on. Had you hit them
with the big-ticket item first, you would probably have had a tougher
time making the sale. Each product should be complete in itself
and have logical links to others: don't cheat by leaving something
out of product #1 which forces them to buy #2.
Tip #8: Ask for Referrals
When you have done a good job for someone, ask them if they can
suggest two or three other people who might also benefit from your
service. Even if they don't buy, you can still ask for referrals,
as in: "I understand that this does not suit your needs right
now, and can you suggest someone who may be interested?" Give
people an incentive to recommend others, such as a coupon redeemable
against future purchases.
Tip#9: Exceed people's expectations
Go the extra mile. Do something extra without expecting payment.
Time and time again it has been proved that people will pay over
the odds for exceptional service. A friend of mine actually traveled
two or three times a year from Devon to York (about 600 miles round
trip) by train to visit her favorite hairdresser! Extreme, perhaps,
but this is just one example of the lengths people will go to for
that little bit extra. Do more than you promise, and your name
will be etched on your customers' memories in gold lettering. Do
less, and you may never see them again.
Tip #10: Learn from feedback
The most accurate and valuable market research you will ever do
is face-to-face with your customers. If you want to know what they
think of you, ask them! Ask them what they want and they will tell
you in plain, jargon-free language. Talk to people - they love
to tell you what you are doing right and what you could do better.
And it will save you a fortune in fees from market research companies.
Copyright © 1997 P J Chandler. All Rights Reserved.
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