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7 EASY WAYS TO INCREASE SALES -- FAST
Copyright 2001 By Bob Leduc
"What am I doing wrong?" That's a question business owners often ask themselves
when business is slow. Often, the answer is... "You're not doing anything wrong. You
just need to do some things better -- and you need to start doing a few things you've been
neglecting."
Here's a list you can use to evaluate your own marketing efforts. It includes what I've
found to be the 7 most important marketing principles contributing to the success of ANY
business.
1. TARGET SPECIFIC NICHE MARKETS
Everyone may be a prospect for your product or service. But your marketing efforts will
produce the best results for the lowest cost when you target prospects with the greatest
need for what you offer. Identify a niche market. Customize your promotional material to
appeal to their greatest need. Then multiply your results by defining several other niche
markets and slanting your promotional materials to appeal
the biggest need of prospects in each market.
2. PROMOTE YOUR OWN USP
USP is short for "Unique Selling Proposition". It's the compelling reason why a
prospect will do business with you instead of with your competition. You'll attract the
maximum number of customers when you offer a benefit they cannot get from your
competitors. If you don't already have a USP, create one by adding something to your
business you're not already offering. Convert it into a benefit statement and
include that statement in all your advertising.
3. NEVER ADVERTISE WITHOUT AN OFFER
Always include a powerful offer in your advertising. Offer free information related to
your product or service to generate inquiries or website traffic. Then make the most
compelling discount or bonus offer you can afford -- to convert these inquiring prospects
into paying customers. This automatically leads to the next marketing principle...
4. COLLECT CONTACT INFORMATION AND USE IT TO FOLLOW UP
Most prospects won't buy the first time they hear or see your sales message. You need a
system to collect contact information enabling you to reach them again with periodic
reminders and offers. Many businesses develop over 50 percent of their sales by following
up with prospects who previously requested information but didn't buy -- yet. Advertising
is expensive. Maximize your return on it by following up periodically with the prospects
it produced to convert more of them into customers.
5. REMOVE THE OBSTACLE OF RISK
Do you know the major reason why people don't buy something they want or need? They don't
want to take the chance of getting something different than they expect and maybe even
losing money. You can eliminate this risk by guaranteeing satisfaction. If you sell
products, offer a liberal money back guarantee. If you provide a service, offer to
continue working without additional charge until the promised result is achieved.
6. DIVERSIFY
It's easier and less expensive to get more business from satisfied customers than to find
new customers. Continually find or develop new products and services related to what you
sell -- and offer them to your customers. Affiliate programs offer a quick and low-cost
way for Internet based businesses to add new products and services to their inventory.
7. NEVER STOP TESTING
Continually test and evaluate the effectiveness of everything you use or do to promote
business. Here's a highly effective 80/20 guideline you can use. Invest 80 percent of your
advertising budget and effort in proven promotions and 20 percent in testing new
variations. Most
businesses using this system continue growing -- even in a highly competitive market.
Take a few minutes to evaluate how well you're implementing each of these seven marketing
principles in your business. A small improvement in just one of them will boost your sales
immediately. An improvement in several will generate a big increase in your total sales
volume.
Bob Leduc retired from a 30 year career of recruiting sales personnel and developing sales
leads. He is now a Sales Consultant. Bob recently wrote a manual for small business owners
titled "How to Build Your Small Business Fast With Simple Postcards" and several
other publications to help small businesses grow and prosper. For more information...
mailto:BobLeduc@aol.com?subject=Postcards Phone: (702) 658-1707 (After 10 AM Pacific time)
Or write: Bob Leduc, PO Box 33628, Las Vegas, NV 89133
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