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Small Business Marketing: What Puts you Closest to the Money?

admin — Sat, 05 Dec 2009 02:55:03 +0000

Kendall Summerhawk asked:

Do you know what most women entrepreneurs bring with them when they start their own business?

The notion that being busy means being productive.

Nothing could be farther from the truth!

As I warn my business coaching clients, this faulty (and even dangerous) notion is a hold-over from the days of working at a j-o-b.

You see, at a job, you’re paid to show up and stay busy. What people do at their jobs is rarely connected with actually bringing in new clients or making money.

But when you work for yourself, EVERYTHING you do MUST be tightly connected to getting and keeping new clients. Period.

Which means handling things like most emails, filing, problem solving (unless it’s solving your clients’ problems), administrative trivia, surfing the ‘net, sorting your Outlook files, paying bills, fiddling with your website, creating brochures… are a waste of time. These tasks don’t put women entrepreneurs closest to the money; they pull them away from it!

Here are my top favorite tasks that I do nearly every day to put me closest to the money:

Small Business Marketing Strategy #1: Write an article.

Not crazy about writing or not sure what to write about? One of the tips I shared in a recent Success Circle Marketing Makeover call is to write like you are having a conversation. Pretend you are chatting with a good friend about a very specific topic.

Small Business Marketing Strategy #2: Send a “thinking about you” card…or two!

Why not surprise a client, referral source, another woman entrepreneur or prospective client with a friendly “keep in touch” card? They will feel special…and think you are too!

Small Business Marketing Strategy #3: Send a press release written as a mini-article.

Think a press release is only to announce an important event? Nope! Take one of your articles, trim it down to 250 words and add your author’s bio. You can use this strategy to send one a week.

Small Business Marketing Strategy #4: Record a free audio tip for your website.

Even better, transcribe it and post it on your website as a viewable option. Google will love your site for adding fresh content.

Small Business Marketing Strategy #5: Make your first (or next) information product.

Keep it simple and get your information product done now! The credibility and leverage you gain will tremendously boost your business. Example: one of my Platinum Inner Circle clients created a $9.95 eBook on a popular topic. The result? This woman entrepreneur received dozens of sales and several new clients worth many thousands of dollars. Nice!

Small Business Marketing Strategy #6: Ask to be interviewed or to interview an expert.

Interviews are easy to set up. They increase your credibility, widen your exposure and raise your expert status, whether you’re the expert giving the interview or conducting the interview. Choose someone you respect. Call to ask for the interview (you’ll be surprised how often you’ll hear “yes”.) Then record the interview and offer it as a mp3 file on your website.

My business coaching challenge: make a stand for doing ONE small business marketing strategy each day, and then integrate your action into your daily routine.

This is how you’ll go from being busy to becoming successful… with a lot more time to enjoy!

Small Business Marketing Tips

admin — Sat, 21 Nov 2009 20:28:12 +0000

Aaron Goldberg asked:

When it comes to small business marketing there are several things that must be kept in mind. For example, small businesses rarely have big budgets for advertising. As a result, they need to find methods to advertise their product or service without spending a lot of money. The following small business marketing tips will help your business grow and make more money.

Multiple Marketing Tactics

The first thing you will want to do is come up with several marketing ideas that will help your business. Then, figure out a plan to rotate these tactics so that you get the most bang for your buck. One marketing effort may work great the first time and not the second time or else it works only occasionally. Because of this it is important for small businesses to have a marketing plan and alternate various types of marketing tactics for the best results.

Buddy Marketing

Another option is to use buddy marketing. This is a great way to reach new customers without much cost. The way buddy marketing works is that when you send out a brochure of your company you include a business card or small leaflet for another business to advertise for them based on an agreement that they will do the same for you. The business should be complementary to yours, but not in competition.

Second Offers

As soon as a customer makes a purchase send them a letter thanking them for their purchase and that because of this purchase they may be able to buy return and buy an additional item for a discount of 20% or something of that nature. Make sure you include an expiration date, too, so there is a sense of urgency.

Market to Past Customers

Remember that marketing to your past customers is better than marketing to new ones. That is not to say that you don’t want to try and get new customers just that old customers are easier to sell to. As a result, concentrate and marketing to your past customers whether this be through email marketing, newsletters, or coupons in the mail. Regardless of the way you market to past customers you will benefit by making more sales.

These are just a few tips to help small businesses market their services and business. It is really important to keep in mind there are unlimited ways to market your business without spending a lot of money or even time. It’s just important to be aware of what the options are and how to make them work for you.

Home Business Marketing: How Advertising Tactics Can Broaden Your MLM Network

admin — Mon, 26 Oct 2009 01:16:17 +0000

Michael Laleye asked:

For those who wish to broaden their MLM network but don’t have the time, money, and energy to do so, a quick and dirty solution is to simply step up your advertising efforts. Take note that advertising does not necessarily mean putting up billboards or placing ads on the TV or radio. It also means doing a number of little things to help your clients recognize and remember you.

If you have advertised in any type of medium before, then you must aware that advertising costs can quickly pile up. If the advertising is done as part of a home business marketing campaign, you simply cannot afford to spend too much. If you did, the cost of building your MLM network will simply outweigh the potential benefits.

You may not have the resources to advertise to a national audience, but you certainly have the means to make people aware of what you are doing. There are many relatively inexpensive ways you can advertise. This article lists some of the alternatives that you can take to improve your visibility.

First, try printing out some flyers or stickers. Then, of course, you give them away. Flyers and stickers are very cost-effective, as you will only practically spend cents on each one. The real challenge will be to get people to notice them. If you now someone who is in advertising, ask them for advice regarding the templates of your mini-ads. If you don’t know anyone in the business, you can do it yourself – try to think of the ads that have stuck by you, and imitate the concepts behind them. Remember, the goal is to make you and your company interesting and unforgettable. You don’t want them to pick up a flyer or a sticker and instantly forget what it says – that defeats the purpose.

Second, advertise in the local paper. You might even start in your town’s local paper. Your MLM network’s foundation should include you, your loved ones, friends, and neighbors. Unless you have all the time in the world, it would be foolish to make the rounds one by one. Better to post an ad and have the people who are interested come to you. Again: make sure the ad is eye-catching and will make an impression on its readers.

Third, provide something for free. Obviously, when you give people something, they will sit up and pay attention. Whatever product you are offering in your MLM network program, experiment with giving away samples with potential clients. Chances are you’ll soon be showered with more attention than you usually would care to have. In the MLM network marketing business though, attention is what you want.

By using these three simple advertising ideas in your home business marketing campaign, you will boost the number of people who will become interested in joining your MLM network.

How to Handle Home Business Marketing

admin — Thu, 15 Oct 2009 01:45:38 +0000

Donald Jones asked:

Copyright (c) 2008 Donald Jones

There is no doubt in my mind that the most important thing you will do to build your home business is learn how to market it on the Internet. Then even more than that is learn how to actually put what you learn into practice.

When it comes to handling home business marketing you can never have too much promotion going online at one time. However when you first start you really need to zero in and master one form of marketing your home business.

You may as well know that it could take you several hundred hours to become an expert on one form of marketing a home business online. Of course that will vary on the aptitude and comprehension from one individual to the next.

For example let’s say that you determine that article marketing is something you want to do to promote your home business. You are going to have to learn everything there is about writing and submitting articles to get the maximum results for the minimum amount of time and money that you had to spend.

This is not something you can read about in a report or an ebook. You can certainly get ideas and glean knowledge from the experts online. But you still must take what you learn and put it into practical application.

This is not something you can do by submitting one article a week. You may even find that submitting one article a day is not enough. There is a tremendous amount of competition on the Internet today and you have to step up and meet that competition if you expect to make money with your home business.

Many people will read this and shy away from the competition. Hopefully that is not the case with you because it is a proven fact that anyone can make money on the Internet if they get enough traffic to their website.

That is why we say it is important that you master one form of home business marketing before moving on to another one. Ultimately you will develop the skills to do various forms of marketing your business online and this will lead to the amount of traffic that it will take for you to be successful.

In summary this is how to handle home business marketing on the Internet today. Strive to get as much traffic as you possibly can and master one form of doing it before taking on another.

Do’s and Don’ts in Local Business Marketing

admin — Thu, 24 Sep 2009 13:58:57 +0000

Henal Patel asked:

You have a brilliant idea for a new business. You go ahead and open your business, ready to offer a wonderful new service to happily awaiting clients. But how can you drive those clients to you? How can you ensure that your business will succeed? What is the most important thing for your business – besides the customer? The answer is marketing. Marketing is the backbone of any business establishment. This is true especially when the targeted business focuses on a local community through local ads. Customized planning procedures are available online to suit each and every business in implementing an excellent marketing strategy.

Small businesses can benefit from the useful tips that are available on the Internet to target local search traffic. Tips are the best shortcut to use. The crucial objective of a marketing strategy is to cost-effectively increase traffic without resorting to banner advertising which is often ineffective. With the advent of the Internet, you will use sophisticated, cutting edge technology that reaches the maximum number of people. You do not have to resort to old, outdated, expensive marketing techniques that are no longer effective for your business, or any business.

Marketing your business on the internet help you to target at the specific group of consumers who are looking for your service or product more effectively. Everybody have internet services or is easily available. Most people simply do a search on the internet for a service or product they are looking for with a few keywords. Your business will be available to them with the necessary information even some description of your service or products. This is what a consumer is looking for.

The best local advertising tips also save considerable time and money when creating a marketing plan. These tips serve as a guide for the beginners in a field who wish to enhance and establish their small businesses. You get to utilize the secrets and tips that have worked for others. Isn’t it great that the work has already been done for you? The Internet is a great source for pioneering pragmatic ideas. It’s been proven through the numerous companies who have achieved success online.

Utilization of marketing resources often grabs the attention of local customers. Effective marketing procedures include perspective planning, conception and formulation of a business strategy, selection of appropriate marketing materials, and local search strategies. The ultimate aim of any business is to grab the attention of a potential local customer so that he or she will utilize their product or service. It is a given that a customer is more likely to use a service or buy from a business when that company is local. Why? Maybe it is because the customer feels ties to the community and feels better about putting money into a local business. Maybe it is because there is a better potential for improved customer service. Whatever the reason, you will want to attract customers who are right there in your community, and this will give you the opportunity to cultivate new business relationships and ensure word-of-mouth marketing.

Home Based Business Marketing – 4 Easy Steps To Building A Mailing List

admin — Mon, 07 Sep 2009 22:31:40 +0000

David Ogden asked:

In your home based business marketing efforts, one of the most valuable pieces of real estate an Internet marketer can own is a mailing list. Whether you have your own products, or not, you can still build a mailing list fairly easily on the Internet today. Here are four easy steps to building a mailing list that anyone can do with a little bit of effort.

1. Use your own autoresponder to store names and email addresses. Your autoresponder should also be used to send follow up messages to the people who are subscribed to it.

The autoresponder is the key to developing a mailing list into a valuable piece of real estate. How you use your autoresponder will be of the utmost importance to the future success of your home based business marketing efforts.

2. Develop a pre-sell page with an opt-in form on it. Many affiliate marketers fall into the trap of sending their traffic directly to their affiliate sales page. Even people who are marketing their own products online make the same mistake.

You are much better to use a pre-sell page where you warm your prospect up. You can even put an opt-in form on your pre-sell page and ask your visitors to fill out their name and email address before you send them on to your sales page.

This is a good way to build your list while warming your prospects up at the same time. The key is to make this pre sell page as targeted as possible without causing your website visitor to lose interest and leave before they fill out your opt in form.

3. Your sales page is where you sell your products or affiliate products. This is where your prospects will be sent after they go to your presale page. If you’re utilizing your opt in form correctly then once they fill the form out you will redirect them to the sales page where they now have a chance to purchase a product from you.

Obviously your home based business marketing goal is to sell products to make money on the Internet. You do this on your sales page, but if your visitor chooses not to make a purchase on the first visit, you still have their name and email address that you can follow up with your autoresponder.

Since many people take several exposures to a product before they make a purchase this gives you an excellent chance to still make a sale in the future if they don’t buy from your sales page right away.

4. Market your pre sell page like crazy all over the internet. You need to learn how to promote your pre sell page to get traffic to it. The only way the previous three steps will work is if you are getting visitors to this page.

These are four home based business marketing tips you can use today to start building your own list. If you’re serious about making money in your business, then list building needs to be on the top of your daily priority list… every day.

An Easy Small Business Marketing Tip to Get More Profits

admin — Mon, 07 Sep 2009 13:26:59 +0000

Massimo Damico asked:

Which small business marketing tip do you use to expand your business?

You may want to outsource part of your work because you don’t have the space, you have periodic busy periods, or you need more production to get orders out on time. Get these suggestions:

You could expand your market share by becoming a

middleman and offering your subcontractors products or

services. This will increase your business profits and

give you multiple income streams.

You won’t have to do time consuming tasks like

adding on new equipment or learning new software to

complete certain tasks. This will allow you to spend

more time testing your advertisements.

You won’t have to take the time to train employees.

This will allow you to spend more time working on your

marketing and advertising campaign.

You won’t have to interview employee candidates.

This will allow you to spend more time improving your

customer service, in return you will get more repeat

purchases.

You won’t have to buy extra office or work space to

complete certain tasks. You can use all the money you

save on other business expenses.

You won’t have spend money on employee costs like

taxes, medical, vacation time, holidays, workers comp.,

unemployment costs, etc. (These may vary depending on

which country you do business in.)

Give other businesses the option of selling your

product. It could be a simple joint venture deal or

an affiliate/associate program.

Learn sales ideas from reading and studying other

business’ advertising and marketing material. It

could be ads, brochures, tv ads, sales letters, etc.

You can speed up you order and delivery system with

the extra help. Your customers will appreciate the fast

service and you’ll have a higher chance that they will

buy from you again.

You can take on extra or large orders your business

couldn’t handle before. This will expand your market

share and you could also offer to take the work your

competition can’t handle.

You could get end up receiving orders from your

subcontractors. Your subcontractors may also tell other

people about your business.

Give your customers a surprise bonus for buying.

When you give customers more than they expect,

there is a good chance they will buy from you again.

Follow-up regularly with all your prospects and

current customers. When people see your ad more

than once they are more likely to buy.

The best small business marketing tip to make more orders is staying in touch with your current customers. Make more profits within your customers, do not invest your total resources and time to get new clients.

———————-

Massimo D’Amico is an Italian computer teacher. He has invented a way for any website owner to get Google AdWords pay-per-clicks for free. Google AdWords | For Free

NOTE: You have permission to reprint this article within your website or newsletter as long as you leave the article fully intact and include the “About The Author” resource box.

Would You Use Meat Loaf in Your Targeted Small Business Marketing

admin — Thu, 03 Sep 2009 00:00:15 +0000

Paul Flood asked:

Entrepreneurs know the importance of a targeted small business marketing strategy. Many make the mistake of doing what big advertisers do. Rock icon Meat Loaf is in a great commercial but the product and company selling it are easily forgotten. Learn a lesson on how not to advertise

Remember Meat Loaf (born Michael Lee Aday)? His album Bat Out of Hell, released in 1977, has sold nearly 40,000,000 copies and was on the charts for over 9 years. He is also featured in a new commercial that is running pretty frequently on TV.

The ad features Meat Loaf as a dad whose son is begging him to get him a cell phone. He’s singing about how he won’t run up the minutes. Personally, I am a fan of Meat Loaf and I like the commercial. He includes some lyrics and riffs from Paradise by the Dashboard Light, which I’ve always thought was a cool tune.

The other afternoon, I heard the commercial and started singing the tune in my head and realized I had seen the commercial several times and could not think of the company or brand of the phone! Now, I’m thinking this was a fairly expensive production because in addition to Meat Loaf, Tiffany is in the commercial and they are probably fairly expensive talent to hire.

After all of this expense, I couldn’t relate a brand or a product to the commercial! I kept an eye out for the next airing and saw it was for the AT&T GoPhone. Think of all the money spent on the ad. They did a lot of things right like using celebrity endorsements, a good tune and an entertaining spot. But it really made me wonder, why couldn’t I think of the company or the product?

What could you do differently if were considering a similar TV ad as one of your primary small business marketing tools ? For one thing, a bit more focus on the product instead of the production. You could easily think of special offers that would give prospects a reason to buy soon. I’ll bet a contest to have dinner with Meat Loaf or win a free “Bat Out of Hell” concert DVD would attract buyers. You would have a tracking mechanism to see how many inquiries and sales were generated. What if they had a toll free number, 1-800-MeatLoaf, to call and get a special offer and find out how to download the song to iTunes or even a ring-tone? The marketing folks could track response and the ROI on the ad. What if there were a contest to be in a commercial with Meat Loaf?

But instead, the focus was all on creativity and entertainment. I’ll bet the ad will even win an award but I still think ads should be written to sell the product now, not build a brand or win awards. My guess is that you can’t afford Meat Loaf in your ads but remember, when you do advertise, it’s about making money, not building your brand. Brands don’t put food on the table, sales do. When you spend money on marketing, either do it yourself of find a professional whose goal is to increase your profits and is willing to guarantee results, not just earn a commission.

The commercial may not be on TV too long but you can catch it on www.youtube.com. Search for Meat Loaf AT&T. This version is a 90 second commercial that does a better job of naming the product than the spot on TV but it still could have soooo much more potential as a source of REVENUE instead of a brand. When you think about branding as a strategy, ask yourself if you want to get your name out there or sell as much of you product or service as possible and build a strong and loyal customer list as quickly as possible.

For the small business marketing tools to add to your toolbox, go ahead and think about branding. However, your brand needs to be strong and you should strengthen it with incredible products and service or with your Unique Selling Proposition. Build your brand using marketing that creates prospects and leads. It is just as expensive to get your name out there with a compelling offer and reason for a client to buy from you now as it is to just get your name out there. The difference is the ROI. The Meat Loaf commercial offers no way to measure the ROI and small businesses can’t afford to throw scarce marketing dollars up against the wall and guess at the ROI.

Here is a powerful small business marketing tip when it comes to a brand-building strategy: If your financial planner came to you with an idea to spend $10,000 on marketing as an investment, you’d think, “What will my return be?because she is a trusted advisor. Use the same standards with your marketing, advertising and media reps. Ask the question: “What is my projected return and how does it compare to other marketing investments?When the rep tells you the value of impressions, ask for some statistics from other advertisers regarding the ROI of the ads and spots they are running?

After you watch the YouTube video, see if you can help me out. Why is Tiffany holding a leg of lamb when she enters the commercial set? Maybe there is some reference I don’t remember from Meat Loaf’s earlier days. He was quite a theatrical talent!

Home Business Marketing Secrets

admin — Wed, 12 Aug 2009 07:44:47 +0000

Tom McMULLEN asked:

If you want to make sales you need to do some home business marketing unless you are lucky enough to get all of your customers from word of mouth. Most businesses, no matter how large are not that lucky.

People from kids to 80 year olds now buy things on the internet. It is becoming second nature to compare product prices, and look at various merchants online before they actually make a purchase.

This is good news for business owners who are using the internet to make money. You can sell more, and make more money if you are being found online. So how do you do that.

First of all, if you do not have a website or blog of your own, you need to get one. Part of your home business advertising efforts will revolve around sending traffic to your site and you can not do that effectively using any old replicated or affiliate website.

When you set up your site make it easy to get around in. One mistake many business owners make is they clutter their site with useless junk that actually detracts from their main products. Solicit some outside opinions on your site as it is easy to fall in love with your work and be blinded to any problems it may have.

Another important factor to keep in mind is how fast does your site load. Slow loading sites lose visitors who will not wait around. They will leave and go somewhere else like your competitors.

If you are unsure about how to lay your site out look at what the top websites in your industry are doing. This should give you some ideas for your own website.

One more point to keep in mind is that everyone who visits your site will leave. It is to your benefit to have an opt in form where they can join your newsletter, or access a free report.

You will greatly enhance your home business marketing efforts if you capture information for future follow up. Imagine that you have thousands of visitors coming to your site everyday and only a small percentage will buy anything from you.

The best thing you can do is get as many names and email addresses to follow up with and turn some of those into future customers. You can not do that if you let everyone leave to never hear from you again.

So how do you get visitors to your website? You do that 2 ways.

1. Offline marketing

2. Online marketing

If your business has a strong offline presence already you can add to that by adding your website to any newspaper ads, yellow pages, radio, flyers, direct mail, your business cards, and so on.

It is amazing how many small businesses and home businesses do not have a website. You can use this to your benefit when you get one.

Online marketing can come in many different ways as well. Much of this will depend on your budget. Here are a few ideas.

1.Pay per click advertising with Google, Yahoo, MSN, 7Search and other pay per click search engine programs.

2. Article marketing where you either write, or hire a writer to write, articles about the niche your business is in. Include a bio box for your readers to find your website in.

3. Ezine advertising is a great way to cheaply reach thousands of readers who are on someone else’s list. This is great when you do not have a list of your own to email to.

There are many directions your home business marketing efforts can go. Always remember that the more eyeballs you have viewing your website the more potential business you can have.