Will You Add?
#1 in Business Subscribe Email Print

You are here: Home > Business > Marketing > Marketing Essentials for the Entrepreneur

Tags

  • trends
  • developmenta
  • solicit feedback
  • truly knowing
  • customer service

  • Links

  • Boston Terrier - Special Concerns For This Adorable Breed
  • All About eBay
  • Thinking About Botox Injections Injections Pick Twice
  • Will You Add? - Marketing Essentials for the Entrepreneur

    Ten Careers For High School Seniors Who Hate School
    Let’s face it…not everybody likes going to school and high school can be a terrible experience for many students. Whether you’re the hands on type who preferred Shop class to English class, or an athlete who liked working as a team more than studying alone, or even someone who liked schoolwork more than schoolmates; the idea of four more years of school is unbearable. If you identify with any of these types, but still want to secure a good future, there are some great options out there for you.For you hands on types there are a lot of great careers out there that allow you to work with your hands and they pay well. There will be some coursework in things like shop math, reading schematics or architectural
    Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key elemen

    Benchmarking Mistakes: The Poisonous 'Apples-to-Apples'
    Top executives and managers in other industries know it is not only acceptable, but necessary to benchmark with other industries to obtain process improvements. For example, a major hotel chain desires to improve guest services. This chain not only has other hotel chains to examine for comparisons, but also can and should look at theme parks or retail corporations. Instead of comparing hotels to hotels, the hotel’s guest service policies are compared with the guest service policies of theme parks, restaurants, and others. Valuable lessons are gleaned from this benchmarking process. While the industries may function very differently, their fundamental guest service processes are common and provide learning opportu
    Marketing is something many think they can do and very few do it well, yet, marketing is the cornerstone of any successful business or organization. You can have the best product or provide the best service but if no one knows about it, your dream will remain unrealized. The reason so many fail at marketing is because they confuse marketing with advertising. Advertising is a component of marketing but is not its sum total.

    A critical component to successful marketing is market research, yet it is the aspect of marketing that is least utilized by business, especially small businesses. Market research is the key ingredient in truly knowing who your customer is and why they do what they do. Advertising is only as effective as the market research that supports it.

    How well do you really know your customer? Once you get past the demographics (assuming your really know that) how well can you answer the following questions?

    1) My product/service is purchased based on

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key element

    7 Steps To Hire The Best
    You can use this step-by-step method to hire applicants who are likely to be “superstar” employees:- highly productive- low-turnoverImportant: Focus on hiring applicants you rate positively on all seven prediction methods.1st Prediction Method = Brief Initial Screening InterviewIf an applicant’s application looks suitable, then conduct BISI, a customized 15-30 minute over-phone or in-person interview. BISI quickly reveals if an applicant has biographical data similar to your company’s “superstar” employees.For example, at one company, we discovered “superstar” Sales Reps had many similarities before working for this company:* Work: (a) 1 or 2 previous sales j
    yet it is the aspect of marketing that is least utilized by business, especially small businesses. Market research is the key ingredient in truly knowing who your customer is and why they do what they do. Advertising is only as effective as the market research that supports it.

    How well do you really know your customer? Once you get past the demographics (assuming your really know that) how well can you answer the following questions?

    1) My product/service is purchased based on

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key elemen

    Expectceed - The New Frontier In Customer Service
    The next time you visit your favorite store, take a moment to think about why you are going there. If you are like many, it is probably because of the way you are treated. You see, every time we enter into a customer service situation we have certain expectations. In each one of these experiences, one of three things usually happens. Your expectation is met; it is not met; or maybe it is exceeded. Companies that strive to exceed your expectations are the companies that keep their customers coming back. The late Sam Walton once had signs posted at the customer service counter to remind everybody: “Give the Customer More Than He Expects and He Will Continue to Come Back.” This is why it is vital that all yo
    >

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key elemen

    Entry Level Careers
    Entry level careers are really first jobs which are an important step on the ladder for new graduates. Whilst an entry level position may not be exactly what you are looking for, it is important to recognize that if you don’t have a great deal of work experience, you will have to start at the bottom.However, an entry level job will give you an excellent grounding and enable you to build your skills and experience so that you can move quickly towards your goal.How do you go about finding the right entry level job? You should begin by defining your ultimate goal. This should be as precise as possible, for example, if you want to be a successful lawyer, you should decide which field of law you want to
    that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key elemen

    Business Secrets: How To Turn Competitors Into Allies
    Contrary to what most of us have been told, business rivals need not be implacable enemies thirsting for blood. Marketing is all about profits, and if you think you can profit by forming an alliance with your competitor, there is no reason not to. This article discusses the ways by which you can turn competition to your advantage.1) Form a Network of Similar Businesses:If you cannot beat them, join them. Working out of small office or home-based business can be difficult. Sales are not easy to come by, and volume of sales may be low initially. You can team with other businesses in the city, or in various cities, to create a network of businesses. People will find your business more reliable when the
    Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key element in marketing: what motivates the decision to buy. Most people think that logic is the catalyst for buying decisions and in a select few industries that is correct. Those making decisions on technology, medicine or something in the sciences will likely do so on the basis of logic. However, the average consumer makes very few decisions based on logic. A new car or truck purchase is not based on logic, it is based on emotion.

    How will driving that vehicle make you "feel". Men may say it's the "hemi" engine, but they are not buying the engine - they are buying the emotion of masculinity, strength, power. A woman does not buy a dress based on the quality of the material but how it makes her "feel". It can be of superior quality and value for the price but if she puts it on and she "feels" fat, it will stay on the shelf. There are very few products purchased solely on logic. The main impetus for purchase is an emotional one that may then be supported by logic as the buyer compares competitors, but even then the competitive advantage will still lean toward the company that does the best job of hitting the right combination of emotion and logic.

    Ok, so you've done your market research and you know what triggers the buying decision, now you are ready to begin making advertising decisions:

    Copy - Advertising copy is a critical element of advertising and is often the most poorly done. Your ad copy must contain some key elements: Headline, Hook, Call to Action

    Advertising Strategy - what is the best advertising medium to use? Newspaper ads? Radio? Internet? Direct Mail? Will you include a promotion (not the same as an advertisement)? The answers to these questions must be an outcome of the market research; without the research you may spend many advertising dollars in an area where your audience can't be found.

    Budget - How much do you have to spend? What is the anticipated ROI? Do you have the resources to create and design the c

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.atriclecheck.com/article/25501/atriclecheck-Marketing-Essentials-for-the-Entrepreneur.html">Marketing Essentials for the Entrepreneur</a>

    BB link (for phorums):
    [url=http://www.atriclecheck.com/article/25501/atriclecheck-Marketing-Essentials-for-the-Entrepreneur.html]Marketing Essentials for the Entrepreneur[/url]

    Related Articles:

    Doing a Corporate Culture Survey

    Four Customer Service Principles To Put Into Action Today

    Four Steps to Entrepreneurship

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com