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Your Year-End Measuring Stick |
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- 10 Questions That Will Lead You to More Success This Year
Now that the holidays are over, it is time to jump start the new year.
It is an important time of year for business. Now is when you should be
reviewing everything you've done over the past year so you can apply it
to help you be more successful next year.
That means looking at your marketing and your products and services so
you can determine what you're going to continue over the next year, and
what you're going to lay to rest.
After all, running a successful business is a fluid process that
requires you to constantly react and adjust to changing market
conditions and customer demands.
In case you need a little help assessing the past year, here are 10 questions you can start with. |
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How To Create The Ultimate Small Business Marketing System In 7 Simple Steps |
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Let me get right to the point. The single most powerful small business marketing tool on the planet is a marketing system.
But, when I talk about a marketing system I am not referring to those academic exercises found in college marketing books.
A marketing system by my way of thinking is a simple (in many cases one
page) document that specifically answers who you are, what you do, who
needs it, how you plan to grab them by the throat, when you plan to do
it and how you plan to pay for it.in a way that everyone in your
organization, network, and client base can clearly understand.
So, let's break it down into some simple steps.
1) Narrow Your Focus - create a description of your ideal client.
Describe them as though they are sitting across the desk from your at
this moment. Define only the market that you know needs what you offer
and values what you have to offer. It is just as important to
understand who you don't want as a client. |
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How Can You Lure Consumers Into Loving Your Brand? |
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Our starting point is to be clear as to what we mean by "love for a
brand". The love of a brand is more similar to the love of ice-cream
than the love for a spouse. Love for a brand is actually a strong
feeling of anticipation for something good, pleasant or beneficial that
we believe with great certainty that we will get from the brand. It is
the anticipation for good experiences, pleasant sensations or positive
emotions. Consumers love the M&M chocolate candies, buying at IKEA,
driving a BMW, using a Nokia telephone or searching for information in
Google, exactly because of the focused and intensive anticipation which
they enthusiastically describe as "love". But we, as professionals,
need to understand what is behind the verbal descriptions of consumers,
so that we will be able to stimulate such feelings. To stimulate
anticipation for benefit is a more approachable task than to "stimulate
love".
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A very famous proverb goes: What is in a name? A rose will still smell the same, even if it is called by another name!
However, with the advent of latest technology and changing trends, the
time has come when we need to do some rethinking. Today, everything is
online and virtual: virtual money, online business and so name or
rather Branding is the most important facet for anything. Not just any
business, but for any particular entity, branding is the key word. A
brand is the identity of an entity. Just think of Marilyn Monroe and
the first thing that comes in your mind is flying skirt. When we talk
about online business, the brand identity is the foundation for
building a relationship with your customer beyond product,
distribution, pricing, or location of your business. It plays an
integral part behind the success of any product. Brand is the
relationship that secures future earnings by securing customer loyalty.
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Target Market and Segmentation |
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There is so much importance in your target market. Out of all the
people within the area of your business there is a percentage of the
whole that will be purchasing your products or requesting your
services. Ensuring you know who these people are will help in your
efforts to advertise to them and get your message across to them.
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