Benefit from differentiating market niche and offer

Posted by admin | Posted in Internet Marketing | Posted on 10-04-2010

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One of the reasons that professionals resist choosing a market niche is that they confuse niche and offer.

Think of your market niche as the location or domain in which you make your offer.
By contrast, your offer is who you are and what you do. Your niche is where and with whom you do it.

Here’s an example of differentiating market niche from offer based on my own coaching practice.

My niche is working with independent professionals and artists to craft prosperous businesses or careers that fully align with their values, aspirations, and desired way of life.

The offer that I am in this market niche distinguishes me from hundreds of other business coaches. As an offer, I am a gifted somatic coach, helping my clients embody success. I am an artist and a business owner myself, and my coaching springs from a deep personal engagement with the concerns that my clients bring to our work.

The offer that I am also includes my spiritual beliefs and practices, my training as a singer, my skills as a writer and editor, my passion for learning, and much more. The offer that I am, in short, encompasses a lifetime of experience – past, present, and future.

Avoiding Marketing Money Pits

Posted by admin | Posted in Internet Marketing | Posted on 27-03-2010

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Is your business bombarded by sales and other marketing professionals telling you that the products or services they are offering are in the best interest of effective and cost reducing methods to market your organization? Finding your way through the maze of offers, opportunities and avoiding potential money pits highlights the importance for all businesses regardless of size to have a strategic marketing plan that is implemented and followed.

It is a tough market place for any small business and information is the key to making wise marketing decisions and for the survival of any business or organization. The relevance of a strategic marketing plan can not be under stated. It is unfortunate but all to common that people under the disguise of professionals in marketing and sales will boast their products and services as the most effective and cost reducing methods to market your business. Additionally, by writing articles or giving lectures for example, they attempt to give their claims a form of legitimacy. Beware of people making extraordinary claims, a true professional wants to sell you their product or service but also retains the integrity to learn your business and knows when the product or service is not a good fit. The benefit for this type of sales or marketing professional is your loyalty and trust in future business transactions.

A strategic marketing plan helps a business to avoid potential money pits that waste valuable marketing dollars in expenditures that may appear to cost less but have minimal or no measurable results. Simply because something may cost less and other businesses are participating does not make it a solid marketing decision for your organization and certainly does not guarantee successful results. Regardless of the ticket price if it does not produce measurable results and drive business to your establishment it is a money pit.

8 Dynamic Marketing Tips

Posted by admin | Posted in Marketing Tips | Posted on 12-12-2009

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Here are 8 dynamic marketing tips to help you increase your sales and profits fast.

1. Don’t Just Sell Benefits

Don’t just tell prospects what they gain when they buy your product or service. Tell them what they lose if they do not buy it. Most people fear loss more than they desire gain. Customers want your product or service to enjoy the benefits it provides. They will want it even more when you remind them of what they lose by not buying it.

2. Use Pleasant Surprises to Close Sales

An unpleasant surprise can kill a sale. But a pleasant surprise can help close a sale. For example, adding an unexpected bonus immediately before your prospect takes the last action to complete a sale will eliminate any last minute hesitation.

3. Provide Fast Delivery – Even When You Can’t

The faster you can deliver your product or service the more sales you will get. If you cannot deliver all or part of your product immediately, add something to the purchase that you CAN deliver immediately. It could be as simple as a series of helpful tips related to your product posted on your web site …available only to new customers.

7 Small Business Marketing Tips

Posted by admin | Posted in Marketing Tips | Posted on 07-12-2009

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Here are 7 low-cost but highly effective marketing tips to help any small business find customers and generate sales quickly.

1. Don’t Advertise Like a Big Business

Big businesses advertise to create name recognition and future sales. A small business can’t afford to do that. Instead, design your advertising to produce sales …now. One way to accomplish this is to always include an offer in your advertising – and an easy way for prospective customers to respond to it.

2. Offer a Cheaper Version

Some prospective customers are not willing to pay the asking price for your product or service. Others are more interested in paying a low price than in getting the best quality. You can avoid losing sales to many of these customers by offering a smaller or stripped down version of your product or service at a lower price.