Learn the 5 key marketing strategies you can immediately implement for dramatic increases in sales and profits.
To increase small business sales, you need to look at yourself first as a marketer. As a marketer, you insist on marketing that delivers results and a positive ROI. You need to first look at these five marketing strategies because they work, work well and work almost all of the time.
Which of the many small business marketing tools and tips do you use and where do you spend your money? The first thing to do is to put the wallet or checkbook back in the drawer and pick up a pen or open a blank document on your computer and name it "Hidden Marketing Asset Plan." You are going to map out a strategy for implementing a very powerful marketing system that can easily skyrocket your sales in a matter of weeks.
This is one of several articles that will cover several powerful marketing strategies used by successful businesses. Here, we give an overview of the top 7 - Plus 1 marketing strategies and will cover the remainder in a series of articles.
1. You MUST create a Unique Selling Proposition. It is the reason you are in business and gives your prospects and incredibly compelling reason to buy from you - NOW." Without a USP, you are one of the many choices. With a USP, you are the only choice.
Would you hire me because I'm a marketing consultant or because I guarantee rapid increases in sales and profits in a matter of weeks? Do you use FedEx because they ship packages or because you know your package will arrive tomorrow?
2. Learn selling and the art of how to bundle products, cross-sell and up-sell. Almost anybody selling a product or a service can increase the average sale value by offering or suggesting additional products that complement what they are selling. When you offer the client an add-on product, you will get more sales.
Knowing the right words to make it desired by the prospect, who does not feel they are being sold, is part of the value of sales training. Which sentence would make you more inclined to order an appetizer with your dinner? "Would you like an appetizer?The chef has an unbelievable appetizer she created just for you. You are going to love it!" This is such a powerful and simple way to increase small business sales that you will find it as easy as breathing.
3. Create a database and capture client names, addresses, phone numbers, purchase history, preferences, birthdays, hobbies and other information. Just send card or note to thank customers for their business and prospects for thinking of buying. Include a coupon or an offer (with a deadline) for them to buy additional products or services. Use the information to invite them back to your business and develop a personal relationship with them. If you don't do so, your competition will.
4. Establish Joint Ventures (JV's) and Strategic Marketing Alliances (SMA's). When you are considering buying a new product or service, you want to know you are making a good decision. So do the rest of us. JV's and SVA's leverage this emotional need by using the power of endorsements and recommendations. Identify non-competing businesses that have customers similar to yours. Call the potential partner and tell them about your incredible idea to help boost their sales. Say you want to endorse and recommend their products/services to your clients and have them do the same for you. It's that simple! Some will and some won't but when you find proactive partners with the right list, you will be shocked and amazed at how quickly you can grow.
5. Look at, and study the standard marketing and advertising the majority of companies in your industry are using. Know exactly how and what they are doing. Here's the little known secret about using this information: Do something totally different! Why copy your competitors? You know you have a better product or service? Be outrageous, be different and get your prospect's attention.
Do you have the business owner in your town with the weird commercials where they are acting quite foolish, but have a great USP and a reason for you to buy from them? Well... A lot of them are millionaires. They catch people's attention!
PLUS 1 - Bonus strategy: Do at least one extra marketing activity EVERY day you are at work. Whether it is one more phone call, an extra fax, email, post card, birthday card or thank you card do that one thing. By the end of the year, it adds up to a couple hundred additional marketing activities. If only 10% succeed, the result is 20 more sales, prospects or clients. One-A-Day builds strong businesses, many ways!
For Maximum Return, You Must Include your Unique Selling Proposition in Your Marketing
Tens of thousands of businesses waste tens of thousands of dollars on brand or image advertising hoping to get clients. Follow the lead of Federal Express and Dominos Pizza and use your Unique Selling Proposition as the cornerstone of your marketing.
The Ultimate Small Business Target Marketing Powerhouse is the Joint Venture
When you include joint venture and strategic alliances with your small business target marketing strategies, you are dramatically leveraging your marketing and have the serious potential to achieve dramatic increases in sales and profits.
Targeted Small Business Marketing Tips When Using Meat Loaf
Rock icon Meat Loaf is a star again, this time in a TV commercial. I watched the commercial several times and realized I didn't know what product was being endorsed. This is a case study in deadly advertising mistakes your business must avoid when creating your advertising.
