Marketing Information |
The 7 Commandments of Marketing
Marketing is the key to success with any business, online or traditional. You can have a website or business location. You can have a great product. However, if no one has heard about your business or your product, you have NOTHING! Marketing is everything you do to promote yourself and your business. Without an aggressive marketing effort, your website is just one of EIGHT BILLION listed on Google. Without an aggressive marketing effort, your store better have a location next to Walmart and hope for their overflow. How do you stand out from the crowd? There are seven (let's call them) commandments for your marketing efforts. Keep these in mind and you are well on your way to creating an effective marketing machine. Remember, there is only one way to score the effectiveness of your marketing efforts - SALES! Commandment #1. Use a Rifle NOT a Shotgun Rifles leave a neat, clean hole where you point them. Shotguns scatter shot in the general direction you point them. Most failed marketing efforts are born in a scattered marketing message aimed at the world. Let's say you were trying to sell a snowboard. To effectively sell a snowboard to a fifteen year old requires an entirely different conversation than selling the same item to his mother. Therefore, commandment #1 directs us to segment our possible customers into different groups who share common concerns. If your product could be sold to a fifteen year old or a 40 year old, you'd better decide who you are going to focus your marketing efforts upon for the greatest success. Commandment #2. KNOW Thy Customer Like Thyself Following commandment #1, we selected a targeted group of people for our marketing message. Now, we MUST understand that targeted market as well as we know ourselves. We must crawl within their mindset. We must understand what they think about our product, what they want from our product, and the alternatives they have to our product. Customers buy for their reasons, not yours. If you want to sell them your product, you MUST sell to their concerns, not your own. Every piece of marketing copy must FOCUS upon them. If you don't speak their language, you don't get their money. Commandment #3. Be PASSIONATE About Your Company & Your Product Attitude is infectious. If we are around upset people, we begin to take on that attitude ourselves. If we are with positive people, the same phenomenon occurs. Most people like to associate with enthusiastic people. And, most of us like passionate people. If you aren't passionate about your company and your product, why should anyone else be?Commandment #3 means to show passion for your product by speaking and writing about it with enthusiasm. Talk about what your product can help people accomplish in their lives. If you can't work up enthusiasm for your own product or business, find another business or product. Commandment #4. Accept the fact that "NO" won't kill you In the process of running a business and selling a product, you will hear "no" more frequently than you hear "yes" (if you're doing it right). What? By "doing it right", we mean you are TRYING things. Some work. Some don't. Whenever you think of a new marketing approach, remember, the worst that can happen is they say "no". So, try it! This is not a matter of life or death. This is a great experiment! "It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change." - Charles Darwin Commandment #5. Wear a CLOWN SUIT! It's hard to ignore! The cheapest and easiest marketing in the world is free advertising. How do you get free advertising? Wear a clown suit! Do something OUTRAGEOUS! Become news worthy. How? When Ben & Jerry's Ice Cream first tried to expand to a nation-wide operation, it had trouble finding distributors. They determined the problem was that Pillsbury put out the word to all distributors not to work with Ben & Jerry's. Pillsbury's edict effectively blocked Ben & Jerry's from the services of the national distributors. What to do? Put on a clown suit! Ben & Jerry's set up a one-man picket line outside Pillsbury headquarters. The picket sign read "Who's the Doughboy afraid of?" The result? National-wide FREE publicity on television and newspapers. Publicity they couldn't afford to buy. In order to differentiate yourself from the crowd of competitors, you MUST be DIFFERENT! Design your own clown suit and wear it proudly! Commandment #6. NEVER Give Up! Albert Einstein said, "Many of life's failures are people who did not realize how close they were to success when they gave up". In marketing, everything you do moves you forward. If one campaign fails, you are that much closer to the one destined to succeed. Watch others. Learn from others. Learn from your own mistakes. BUT KEEP GOING! Commandment #7. Always Be Closing "Always be closing" is often referred to as the "ABCs of sales". However, it also applies to marketing. The objective of marketing is to increase sales. Not to "inform", "educate", or "entertain". I repeat: The objective of marketing is to increase sales. Therefore, this last commandment directs us to write all marketing copy with the sale in mind. Only information that moves a potential customer toward a sale is allowed in our marketing copy. How do we know what should stay and what should go in our marketing materials? Read through it asking yourself one question - "So what?" Another way of stating "so what?" is asking "why should the customer care?" You've been in business since 1972. So what? Your product folds flat. So what? You're a family owned business. So what? The alternative? "We have been in business since 1972 so you'll always know where to find us. Since we are a family-owned business, you're always talking to an owner who can answer your questions and solve your problems. Our product folds flat to save you valuable office space when not in use." See the difference? Now you're talking about the customer's issues, not yours. There you have my seven commandments of marketing based upon 33 years of business experience. "Commandment" is defined as "A formal pronouncement or rule". Keep in mind and put into practice these seven commandments of marketing. When you do, your marketing efforts will result in the only true value of marketing - increased sales! Michele Schermerhorn has over 30 years experience in the business world and over 12 years running her own successful online businesses. She is President of Online Business Institute Inc. (http://www.obinstitute.com) and regularly conducts free online seminars. Online Business Institute Inc. exists to "Create Successful Online Business Owners One Person At A Time".
MORE RESOURCES: Unable to open RSS Feed $XMLfilename with error HTTP ERROR: 404, exiting |
RELATED ARTICLES
Non-Profit Success Requires Ongoing Marketing In a crowded marketplace of ideas, it is important for non-profit organizations to establish a well-defined niche. While most non-profits are not selling products, they are selling their organization's mission, their ideas, their programs, and their services. 5 Tips to Help You Identify WHO To Market To If you have your own small business, it's important to decide exactly who you will be marketing your products or services to. After all, you probably don't have the time or the money to market to everyone. Terrific Titles, Happenin Headlines You've probably heard the slogan, "You never get a second chanceto make a first impression." It may be a sales pitch, but in theworld of advertising and promotion, it's right on the nose. How Would You Handle This? We have been talking about choosing groups to participate in that meet your needs and goals as a business professional. Once the decision is made on which groups to belong to, then a certain level of participation is required in order to achieve the individual goals set by the business professional. Increase New Customer Traffic to Your Business One person tells another, who tells another, who tells another and so on. You get the idea. Fax Marketing : Reaching a New Niche of Customers Traditional marketing and advertising assumes that all of your customers are traditional people. Even newer technologies like email assume that the best way to reach people is when they are at their computers. How To Start With Absolutely Nothing And Create Wealth online in 30 days or less. Without a doubt, if you asked me, Shane if there was only 1 marketing strategy that you could use on the Internet, what would it be? Without hesitation I would say joint Ventures. Joint Ventures are easily the most lucrative Marketing Strategy ever invented and if you learn to do it right, will likely be the ONLY marketing strategy you will ever need to use. Packaging Trends You Cannot Overlook (Part #2) Part #26) Food safety is becoming paramount.What this means to you: No longer are the words tampering and bio terrorism buzz phrases. How to Tie a Tie and How To Kiss - What Do They Have In Common? How to Tie a Tie and How To Kiss - What Do They Have In Common?Now before you decide I've gone totally bananas, there is a connection between these two subjects but it's not perhaps obvious straight away.For most - men anyway - they learn how to do one of these before the other. Peddling Your Own Wagon Through Local Exposure In my e-book "Articles That Sell", I've shared the secret of marketing your business on the Internet. If you've been active in your efforts, you've been writing and publishing free reprint articles. Embracing The Future - Marketing Yourself, Your Business And Your IntroductionMany businesses and organisations have a perception that marketing means promotions and advertising. They think being good at marketing is producing a glossy brochure and having an ad on the local radio or television. How To Sell To Howard Stern... Oprah Winfrey... And Paul McCartney! Do you know what Howard Stern.. Big Money With Folios One of the easiest, if not the easiest, ways of getting startedwith a profitable mail order business of your own is through thepromotion and sale of money-making folios or reports. Generally, the beginner purchases a series of thesereports-complete with reproduction rights. Tips For Developing An Effective Questionnaire Developing the questionnaire is undoubtedly the most important part of conducting a survey. The quality of the questions will determine the quality of the results and the effectiveness of your survey. 7 Great Ways to Market Yourself and Your Business to Help Increase Sales Do you own a business and need ideas on how to market your products or services to your customers? Well, the one thing that every business owner needs to know is that in order to survive, you need customers willing to spend their hard earned money for your products or services. The only way to drive customers to your business is to market yourself and your business in a way that customers believe in you and willing to spend money. Tie-In With Others To Maximize Your Business Leverage One of the most rewarding, inexpensive, under-used, and effective methods of marketing is to tie in your marketing efforts with the efforts of others.The cost of acquiring a new client or customer is enormous. Trade Show Promotional Products - Boosting Booth Traffic I was about seven or eight years old when I learned the value of promotional items at trade shows. I just didn't know it yet. Using a Marketing Calendar Template Owning a small business isn't easy, especially if you are running it alone. Between moving products, taking orders, paying bills, and taking care of family, it is easy to lose track of everything you need to do. 10 Powerful Marketing Tips 1. Print your best small ad on a postcard and mail it to prospects in your targeted market. Networking Magic YES-- it is true that Networking is an art that must be mastered. However, for those of you that are new to the networking game and the art of mastering it, please READ ON. |
home | site map | contact us |