7 Secrets to Successful Marketing
By Anne Galloway
Today I am bringing you my top 7 secrets to successful marketing. I will admit that I had trouble sticking to only 7 so I am going to assume that you have read previous issues where I have stressed how important it is to have defined your target market; why you should always keep it simple (business does not have to be complicated); know the importance of building relationships with prospects; and why you are the only person who can write any advertising and promotional material for your business.
1. You must have a database – this will prove to be the key to your success. Your database should contain as much information about your clients and prospective clients as possible so that you can contact them with details of new products and special offers. Of course having a database alone is not enough, you must be constantly following up with leads and building relationships so that in time prospects will choose to buy from you.
2. Attract new clients and keep the interest of existing clients by using PR. Public relations does not have to be expensive or difficult and you can do it yourself without employing an expensive PR agency. What you need to remember is that every interview you give or article you write, must contain your contact details. Other great ways to raise your profile include writing a book or publishing a report.
3. Offer promotions that give people the chance to try your product or service and make your company stand out from the competition. These promotions must be exciting in order to make potential customers want to take immediate action – for example, there are not many people who can resist a ‘buy one, get one free’ offer. Here it is important that you have higher priced products to up-sell in order to make it financially worthwhile offering promotions. What you need to remember is that the promotional offers that are the most successful are those that have a time limit so tell prospective clients what they need to do and how little time they have in which to do it.
4. Get your clients to do your sales and marketing for you by asking them for referrals and testimonials – if they are impressed with your product or service then they will want to tell others. The easiest way to do this is when a customer compliments you on your product or service; ask if you can quote them. Write down what they said and ask them to agree it and then use it.
5. For your marketing to really be successful, you need to show your target audience that you are an expert in your field and there are many ways of doing this – one of the quickest is to be a published author.
6. Effective marketing is far more important and cost effective than a large sales team. A well worded direct mailing to targeted customers can produce great results especially when accompanied with a time limited promotion. If potential clients want more personal contact then you could try offering a teleconference but be sure to follow up afterwards.
7. This should probably be up at number 1, you must niche your product or service if you want to succeed. The 80:20 rule also applies in marketing. It is highly likely that 20% of your income comes from 80% of your customers. This means that since most of your income comes from 20% of your customers, it is this 20% that you really have to focus on even if it is to the expense of the other 80%.
And of course, if you really want your marketing to be a success, your reason for being in business must be more than just taking money from people in return for your products of services – you must provide outstanding customer service that people will not find elsewhere!
As with the last issue of my Inspirational Toolkit, these 7 tips are taken from a new program (“Effective Marketing Strategies to Get You More Clients”) that I have recently developed in an attempt to demystify the sales and marketing process and help my clients succeed.
If you wish to discuss any of the above or would like more information about this new marketing program then please contact me.
Tim Somers
Bizarre Marketing, LLC
Tim…
You really brought out the important points. I especially like two elements…using your customers as your sales force. So many times marketers and entrepreneurs neglect to follow-up with their clients and ask them for referrals. This is key…plus forward thinking, this is a good excuse to follow-up with them to see if they need assistance with anything that you had previously finished for them. This ties directly to point #7…customer service and its monumental importance to growing your business for the long haul. Thanks for the great remeinders!
Martin, you have mentioned two of my favorites. Using customers as your sales force, is one I am really focusing on in 2012 – we put together a referral reward program giving current clients an opportunity to get a referral reward for sending us referrals. I know someone that does not spend a penny on advertising and focuses on doing this and has build a huge business. Cheers!
Its not easy making it in the marketing world and now and again you stumble upon on a blog that gives valuable info and brings new motivation to your business. Thanks Tim there is some golden nuggets I definite will use. Good One!
Thanks Pieter, I appreciate the kind words.