Showing posts with label business management. Show all posts
Showing posts with label business management. Show all posts

Wednesday, October 31, 2012

Marketing Tips for Success


Success is not gained by one big overwhelming thing, but by a succession of small, consistent, regular efforts.

There are many key areas of marketing for which one could write numerous tips, but to narrow it down, I would have to put them under the following categories:

·         Image

·         Planning and Organization

·         Activity

Businesses find they have a problem defining Marketing and separating it from Sales.  Actually you can’t separate them.  They are a continuum.  If you have a business, you have to ask for the order…eventually.  That’s sales.

Image

This all encompassing title includes what your company stands for, and bores right down to your belief system.  If you don’t believe in what you are selling, you can’t sell it with any integrity, and people won’t believe in you either, nor will they buy from you. 

1.     Have a Vision, and a Mission, and write them down. 

2.     Be able to articulate why you are in business and what you want to achieve. 

3.     Have a clear, concise and consistent message so people will know exactly what you are selling and your brand is readily identifiable. 

4.     Protect your brand.

Planning and Organization

There is one very good reason to have a plan and that is so you don’t get caught up in the details of your business, and miss opportunities.  Your plan is your roadmap. 

1.     Have a Business Plan including a Marketing Plan and a Financial Plan.

2.     Work your plan.  Give it a chance to work for you.  Use a ‘parking lot’ for opportunities that come at you out of left field, and re-visit them when you review your plan.

3.     Use a Marketing Planner notebook.  You need to have one place for all your ideas and the information.  It’s a good tool for keeping everything together.

Activity

It’s activity that will put you where your customer can trip over you. 

1.     Define your target market. 

2.     Know your customers’ hot buttons (so you can solve their problems). 

3.     Where do your customers live-work-play?  That’s where you can connect with them.

4.     It’s a numbers game.  Know your ratios.

Finally

Don’t try to do everything: you don’t know how, and there are only 24 hours in a day.  Do what you do best and delegate the rest.

Wednesday, April 4, 2012

How Much Work...

Blogging seems to get away on me.  Between helping clients and planning the next Guelph Business to Business Network Meeting, Blogging about my business takes a back seat.
Balance, and how much work do I have to do?
On of the ways of gauging how much work is to look at your ratios.  Marketing and Sales are a continuum, and there is a definite sales process as you move people you meet from suspects to prospects to clients.  Think of it as a funnel, with lots being tossed into the top and a select few dropping out of the bottom as clients.
Where do you find these people to begin with and what exactly do you have to do?  Action gets reaction or clients.  There is an analysis that can be applied and it determines just how much work you have to do...depending on the ratios!
As for me - I'm off to the TableTop Trade Show: I usually get a good reaction - see you there!