3 Simple Marketing Strategies
Copyright 2003
Bob Leduc
http://BobLeduc.com
These 3 simple marketing
strategies work for any business. You can implement them quickly and produce
immediate results. They won't cost you much money. And the sales growth
they generate continues as long as you continue using them.
- Create A Special
Combination Offer
Combine several of your products or services into a Special Combination
Package with a price lower than the total cost of buying each item separately.
Promote it as a Special Offer for a limited time. When you pass the
expiration date, replace it with another Special Combination Offer using
a different selection of products or services.
Special Combination Offers increase your total sales by motivating hesitant
customers to buy now so they can get your "good deal". Special Combination
Offers also increase the size of your average sale. And bigger average
sales generate more total profit for you.
Tip: After you develop 3 or 4 different combinations you can continuously
recycle through the same series of offers. This enables you to continue
promoting Special Combination Offers without taking the time to create
new ones.
- Single Out A Small Customer Segment
Look for a narrowly defined niche within your targeted market. Identify
a specific group of potential customers with a strong need (or desire)
for the benefits provided by your product or service.
Create a special version of your advertising catering to the specific
concerns and needs of prospects in this new market. Customize your sales
message so each prospect perceives your product or service as the perfect
solution to their unique needs.
For example, one person selling a lead service to small businesses noticed
that many of her clients were network marketers or real estate agents.
She created a customized web site for each of these 2 niche markets.
The sites looked similar. But the content was different. A visitor to
either site could assume the lead service applied exclusively to their
industry.
Bonus: A highly defined, small niche market also insulates you from
competition. Other small businesses are likely to overlook it. And large
businesses completely ignore small market segments.
- Establish A Subtle Referral Program
Referrals from customers are easier to sell than
cold prospects. And they don't cost you anything. It's too bad you get
so few of them. You can generate a continuous flow of referrals with
a simple but subtle Customer Survey. Send it to your customers by postal
mail, email, fax or post it on your web site. The survey I use asks
only 3 questions:
1. What did you like best about our (product or service)?
2. What can we do to improve the value of our (product or service) for
you?
3. Who else do you know that wants to (state the benefit provided by
your product or service)?
The first 2 questions focus attention on the benefits you provide. Your
customers are more likely to volunteer referrals at the 3rd question
when they are already thinking about the value of those benefits.
Bonus: You also gain something from the answers you get to the first
2 questions. The first question often generates a response you can use
as a testimonial (with your customer's permission). The second question
may provide an early warning of a problem you need to correct ...or
it may alert you to an opportunity you can exploit.
Select one of these simple marketing strategies and start using it in
your business. It won't take much time or effort and you'll see results
almost immediately. Then repeat the process with each of the other 2
strategies until all 3 are part of your marketing system. You'll enjoy
a permanent increase in your sales volume for a very small increase
in your expenses.
Bob Leduc spent 20 years helping businesses like yours find
new customers and increase sales. He just released a New
Edition of his manual, How To Build Your Small Business Fast
With Simple Postcards ...and launched *BizTips from Bob*, a
newsletter to help small businesses grow and prosper. You'll
find his low-cost marketing methods at: http://BobLeduc.com
or call: 702-658-1707 After 10 AM Pacific Time/Las Vegas, NV |