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Member You - Business Marketing Mistakes: 3 Marketing Mistakes Every Business Makes
QuickBooks and Small Business Accounting dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why?According to statistics, close to 1 million people will start a small business in the U.S. Unfortunately, at least 400,000 (40%) of those businesses will fail within the first year and more than 800,000 (80%) of them will be out of business within 5 years and 960,000 (96%) will have closed their doors before their 10th year in business.The two key ingredients to help insure the success of any business are marketing and accounting. Marketing is extremely important becaus Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fa The Holidays Are Here Here are a few important marketing mistakes that just about every business manager out there makes, along with a recommended fix that will help you attract more business and get better results from your marketing, regardless of how big or small your marketing budget is.I use a credit card for many business purchases. Since I travel a lot, this means quite a bit of money is charged throughout the year.Therefore, I was pleased when my bank had a local hotel deliver a ‘basket of goodies’ to our home during the holidays.The card attached thanked us for our support, and looked forward to another year of providing beneficial service.Unfortunately, the basket included abalone, chocolate cake and cookies. I am vegetarian (no aba Mistake #1: We think that marketing is something we “do.” “We need to do some marketing.” It’s the first thing you think when you need to boost business. Problem is, when you think of marketing as something you “do,” you’re usually thinking about publicity, direct mail, flyers, email, ads and promotion. Marketing is much more than merely promotion, and it’s rarely a quick fix. The real fix is to expand your definition of marketing. Instead of thinking of it as something you “do,” think of marketing as anything that helps or hinders the sale or use of your product or service. This includes: your location, the attitudes of the person who answers the phone, your name, pricing, policies, proposals, personality and more. Before you write a promotional word, do a “help or hinder” once-over. Make a list of what’s helping you attract business and what’s getting in the way. Figure out what obstacles you can quickly fix or remove? What “helps” can you enhance or spotlight? Until the help-or-hinder homework is done, working on promotion is premature. Mistake #2: We breathe too much of our own exhaust. We are such big believers in our businesses that we can’t wait to show it off. We admire our attributes and inhale our excellence. Then we exhale it all into our marketing communications. The problem is, when you do that, your marketing is all about you. And people don’t care about you. They care about themselves. If your marketing is going to get any response at all, the first thing it must do is connect to something prospects care about. Connect before you convince. Try this four-step exercise:
For example, Joy dish washing liquid (description) has real lemon (attribute) that cuts grease and leaves dishes shinier (benefit). “What a nice reflection on you!” (Connects to what she cares about.) Connect to what people want. Not to what you do. Mistake #3: We all look alike. A bank is a bank is a bank. Realtors, lawyers and consultants are a dime a dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why? Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fax Purchasing Freight Transportation uick fix.The landscape of purchasing freight transportation has changed dramatically. Have your supply chain processes kept pace maximizing service and minimizing costs? Key elements of change have been capacity, technology and leverage.Capacity – Other than rail, there is abundant small package, less than truckload and truckload capacity, when managed properly. The asset providers will tell you otherwise as in their respective niches, sellers may be constrained but buyers ce The real fix is to expand your definition of marketing. Instead of thinking of it as something you “do,” think of marketing as anything that helps or hinders the sale or use of your product or service. This includes: your location, the attitudes of the person who answers the phone, your name, pricing, policies, proposals, personality and more. Before you write a promotional word, do a “help or hinder” once-over. Make a list of what’s helping you attract business and what’s getting in the way. Figure out what obstacles you can quickly fix or remove? What “helps” can you enhance or spotlight? Until the help-or-hinder homework is done, working on promotion is premature. Mistake #2: We breathe too much of our own exhaust. We are such big believers in our businesses that we can’t wait to show it off. We admire our attributes and inhale our excellence. Then we exhale it all into our marketing communications. The problem is, when you do that, your marketing is all about you. And people don’t care about you. They care about themselves. If your marketing is going to get any response at all, the first thing it must do is connect to something prospects care about. Connect before you convince. Try this four-step exercise:
For example, Joy dish washing liquid (description) has real lemon (attribute) that cuts grease and leaves dishes shinier (benefit). “What a nice reflection on you!” (Connects to what she cares about.) Connect to what people want. Not to what you do. Mistake #3: We all look alike. A bank is a bank is a bank. Realtors, lawyers and consultants are a dime a dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why? Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fa Looking For A Job? one, working on promotion is premature.In a world where unemployment is high and competition for the few jobs available is stiff, one needs to know about the different ways of finding a job.Before you look for a job, though, you need to assess your strengths and weaknesses. You have to make sure that you are fit and equipped to deal with the demands of the work to be undertaken. A few additional skills will also help you become an asset to your future employer so you should get some training in other tasks Mistake #2: We breathe too much of our own exhaust. We are such big believers in our businesses that we can’t wait to show it off. We admire our attributes and inhale our excellence. Then we exhale it all into our marketing communications. The problem is, when you do that, your marketing is all about you. And people don’t care about you. They care about themselves. If your marketing is going to get any response at all, the first thing it must do is connect to something prospects care about. Connect before you convince. Try this four-step exercise:
For example, Joy dish washing liquid (description) has real lemon (attribute) that cuts grease and leaves dishes shinier (benefit). “What a nice reflection on you!” (Connects to what she cares about.) Connect to what people want. Not to what you do. Mistake #3: We all look alike. A bank is a bank is a bank. Realtors, lawyers and consultants are a dime a dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why? Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fa I Don't Want To Pay For Auto Insurance! What's It For Anyway? vices. Get the exhaust fumes out.
There are approximately 20 various types of insurance policies available and auto, home, life and health top the charts.The concept of insurance has been recorded to be first practiced as far back as 2nd and 3rd millennium B.C. Just about anything you think about or hold value too these days can be insured. Auto or vehicle insurance is one of the most common types of insurance and is a basic policy to protect you against losses incurred from car accidents, theft, vandal For example, Joy dish washing liquid (description) has real lemon (attribute) that cuts grease and leaves dishes shinier (benefit). “What a nice reflection on you!” (Connects to what she cares about.) Connect to what people want. Not to what you do. Mistake #3: We all look alike. A bank is a bank is a bank. Realtors, lawyers and consultants are a dime a dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why? Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fa Water Purifiers, Water Purifier Filter, Water Purifier System dozen. The list goes on. But here’s the good news: the more two businesses look alike, the more important each difference becomes, and the more impact even the tiniest difference will have on setting you apart. Why?Blinex in 1975 revolutionized the filtration industry by making the first porous plastic water filter cartridges in India. Our first filter and every filter since, was designed to eliminate contaminates that cause unwanted taste, odour & discoloration in potable water from this simple concept of "better tasting water."Water Technology of The 21st Century!.... Filtration Combined with Ionisation. Our filter company has grown & developed the Patented Countertop 7-stage Consider identical twins. What’s the first thing you do when you meet a pair? You try to find a little something to tell them apart. The same is true for your business. Your prospects are looking for a point of difference—just about anything—they can use to set you apart from your competition. To find your points of difference, start with your points of contact, or “touch points” in your company. Make a list. Business card, fax cover sheet, invoice, phone greeting, front door, home page, etc. Then look at what the competition does and ask yourself how you can do it differently. Just a little bit will make a big difference, because your prospects are looking for them. For now, try the Help or Hinder, Connect Before You Convince and Find Your Points of Difference tools to make your marketing more meaningful and effective. Be wary, too, of unrealistic expectations, faulty research, deadly bullet points and lack of follow through-- four other common marketing mistakes.
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