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Spend some time critically looking at these items for your business. Often for small businesses it's not that they're not unique, it's just that they haven't spent the time to evaluate and clearly describe how and why. When you feel like you're always busy working on your business, but not getting where you want to go, it can be frustrating trying to figure out how to get your marketing on track. It can easily become a ¡°not seeing the forest for the trees¡± feeling. Here are three big barriers I regularly come across with business owners and how you can avoid them. 1. No Clear Definition of Success For some, the word Success brings thoughts of fame and fortune to mind. But for small businesses, I'd caution against this definition being your guiding light. When clarifying your own definition of success, I suggest starting with success from your client's point of view. What is it that you are trying to do for your clients? What is it that they'll have or be able to do as a result of buying your service from you? Match this up with what you are passionate about. What is it that you love doing for your clients? I'll know I'm successful when my clients no longer have to struggle with how to consistently attract more business. 2. Not Clarifying Who Your Ideal Clients Are When you can clarify who your ideal clients are, you are better prepared to know where to find them and how to market to them. You can develop messages that will appeal directly to them. What do you know about your best clients? Spend some time to put together as complete of a profile as you can on the clients you enjoy working with the most. What are the demographics and characteristics? How would you describe them to someone who has never met them? Without clarity of your ideal clients, you're likely to waste time, effort, and money marketing to the wrong crowd(s) and/or not getting your message across. 3. Not Spelling Out Your Unique Value You must be able to clearly define what differentiates you from your competitors. If your prospects can't differentiate you from all the competitive alternatives in the marketplace, then why would they come to buy from you? Often for small businesses it's not that they're not unique, it's just that they haven't spent the time to evaluate and clearly describe how and why. What is it that you do better, faster, cheaper, or more effectively - whatever? Maybe it's a unique model you've developed or the unique niche of clients you serve. Maybe it's your satisfaction guarantee offered to clients. Most important here is to spell out why your uniqueness is so important to your clients and prospects. Why should they care? What is it that they'll get by coming to you for services? Spend some time critically looking at these items for your business. It will be time very well spent. If you find you can't see the forest for the trees, don't hesitate to get some outside help. Over the years that I've been involved with web marketing and ecommerce, I've had the pleasure of communicating with many of the real small business "movers and shakers" - the guys and gals earning 6 figures plus annually from their ecommerce ventures. I've learned much from the good and bad that online business strategy has to offer; especially regarding the mindset of people who claw their way to the top. I've mentioned before that success in web marketing, or any marketing for that matter, is applied basic psychology, responding to the WIIFM (What's In It For Me) motivator of your target market. The more involved psychological strategies come into play when convincing a person who doesn't want or need a particular product or service that they actually do. Successful marketers would probably also make very good (or very evil) psychologists . Often I'm asked questions like, "how do I succeed in online business" or "How did X make so much money?" or "how do I promote my sites effectively, for next to no capital outlay, while working only 2 hours a day in my underwear?" No doubt you've also come across many products and services touting that you can generate a six figure income by using them - and in many instances, you can. We've all seen the "Make $x In Just 2 Months While You Sleep" type blurbs. What isn't mentioned on many of these sales pages is one very important element in order to make the tool successful - you. Regardless of the amount of money you invest in tools and the number of people you employ, if your head isn't in the right space or you don't have the personality traits that accompany success; your ecommerce venture will more than likely fail. The following are some tips I've jotted down based on the common traits and strategies that I believe have been the major reasons for some marketers and site owners achieving massive success in online small business. Determination
The 2nd job
My business was funded through cleaning toilets in a club early in the morning, 7 days a week for a couple of years, plus a job in administration where I could hone some of my computer skills. The toilet cleaning wasn't a particularly pleasant job as you can imagine, but it was humbling and strengthened my resolve to make things work. So many times I've come across people who dream of having an online business but just can't make this sort of time commitment or aren't prepared to do "menial" labor to get kick-started. Due to their tertiary qualifications, or self perceived competence, they expect success to come served up on a silver platter and try to take all sorts of shortcuts to get there. It usually backfires. Passion for success
Endurance/discipline
For example, you should only sleep as much you really need to. Sleep is beneficial and necessary of course, but a great robber of time when you are building a business. Think about it - the average person spends 1/3 of their life in an unconscious state. Some people need 8 hours I guess, but imagine what you could achieve with 365 extra hours of productivity each year. In the words of the great philosopher, Jon Bon Jovi - "gonna live while I'm alive and sleep when I'm dead" . Get yourself into good working habits and stay in them - routine is essential, especially when your business revolves around you. It's so easy to let things slide for a couple of days because you're tired or you've been kicked around a bit - and then so hard to get back into routine again. Lighten up the pace a little if you need to, but never totally ignore your business, even for a single day, unless it's absolutely necessary. Focus
Leadership
Research
Circle strategy.
Family co-operation/planning
Don't just have a plan in your head - write it down, broken down into milestones. By putting a dates on your milestones, it will let your family know that the ridiculous hours you may be working has a definite end date - to leave it open ended causes a great deal of stress on all. Explain to them what it will be like during that time, don't try to deceive them, but at the same time relay to them the benefits that will come as a result. By having a written plan it can also help you to stay on track and pat yourself on the back as milestones are achieved. Realism balance
Dollars and sense
Also bear in mind that as the revenue does start coming in, given the nature of the Internet, it can also dry up literally overnight. Put a decent percentage away for emergency use; ideally maintain 3 - 6 months living and business expenses in reserve at all times. Wherever possible, do not get into debt to finance your online business, get an extra job if you're short on funds. Action
If you engage the services of ecommerce or marketing consultants, follow their instructions and counsel closely. Remember that consultancy is a two way street - if you're not providing your consultants with the information they require in a timely manner and then acting upon their recommendations; you'll run into major problems. A good analogy to illustrate this is when a doctor prescribes you antibiotics, he tells you that you must take them all within a certain amount of time and in the proper way. Failing to do so can mean the infection flairs up again. Promote, promote, promote
Networking
Sometimes small business owners tend to get very paranoid about what the competition is doing, but will also shun communicating with competitor merchants. This can be quite counterproductive. There's a whole swag of profits to be made through what I term "co-opetition" and the "Inner Circle Strategy". I hope these points have given you some insight into what makes some of the well known online small biz entrepreneurs so successful. Good luck to you in your in ecommerce venture - "have a dream, then make it real" Next Internet Marketing Article:
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