3 More Key Elements to Expanding your Advertising Effectiveness

22 02 2011

Last week we started a new discussion on 7 Key Elements to Expand your Advertising Effectiveness.  We discussed the first two elements, providing the main idea and admitting to your limitations.  This week we are going to continue with three more key elements to expand your advertising effectiveness.

You will find, as you work with your customers, that as they trust that you have their best interests at heart, they will spend more with you over time than they would have if you required them to make a large, one-time purchase.  Each time you offer a step-up program, you are allowing them to test what you say to be true and you are providing them with a level of security, knowing that they can back out if you do not provide what you promised.

Once you have your customers starting to make larger and larger purchases through your company, the third key element to expanding your advertising effectiveness is to make your big idea (the first key element) exclusive.  Identify your unique competitive advantage and let your customer know that if they take advantage of what you have to offer, then there is a good chance they will have a leg up on their competition.   Let your potential customers know that this offer is not provided to anyone, but only to a select few, who really see the benefit with your offerings.

Are your customers the savvy business people you expect them to be?  Have they tried to overcome their particular challenge and failed in the past?  Keep your customer focused on what they gain if they are successful in utilizing what you are offering.  Be sure to keep them aware of what may befall their business if they do not continue on the planned route.  Are their competitors nipping at their heels and they can’t seem to get ahead?  Reiterate what your solution can do for them, and your solution may not be available to their competition.  Also be sure to emphasize that you would only wish to work with them if you can show positive results.  You are in this business together; you need them to want to win as much as you wish to win.

Now that you have your prospect’s attention, the fourth key element is to demonstrate that you have the credentials to back up the claims you have made thus far.  Provide solid reasons for why you are qualified and back those reasons up with testimonials from others that you have helped.  This is where it is important to be factual, and provide solid, verifiable numbers that prove you can do what you claim you can do.

Remind your prospective customer of the years of management experience or industry experience you are offering to them.  Point out the number of very satisfied and exclusive customers.  If you have any specific case studies, or examples, this is where you would include that information, again, being careful to not divulge too much specific information on your current, active customers.

The fifth key element to expanding your advertising effectiveness is to identify your motivations for making such an incredible offer.  By now your customers are wondering why you are offering such a good deal.  They will want to be sure you are going to provide real value for their money and time spent.  Your customers will also need to be reminded why your offer is better and will help them more than any other offers made by your competitors.

You should reassert that your offer is exclusive, and only certain customers will qualify for your product or services.  You want them to know that this is more of a partnership, and not just a one-time business deal.  If you help them to explosive growth, you both will win.  The key is to be sure your potential customer knows that this is either a limited-time offer or that this offer is only open to the very few qualified customers.  By reminding your prospects of the exclusivity of the offer, you re ultimately reassuring them that your services will not be available to virtually everyone on the planet.

Next week we will finish this series on the 7 Key Elements to Expand your Advertising Effectiveness.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.

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2 Key Elements to Expand your Advertising Effectiveness

15 02 2011

This week we are starting a brief series on 7 Key Elements to expand your Advertising Effectiveness.  In prior posts we have discussed methods to advertise your business, and how to reach customers.  In this series we are going to review some of the basic advertising tenants and expand upon them so that you can improve your advertising effectiveness.

At some point in time, all successful businesses must ask, how do I reach out to customers?  How do I inspire customers to purchase my products or obtain my services?  Advertising has been the method to reach customers that may never have been exposed to your offering in the past.  Even if these potential customers have seen your products, effective advertising is what will draw the customers to you instead of you going to them.

The most effective advertising will be that which will cause the potential customers to come to you with their questions and/or problems.  If you try to aggressively advertise to the customer base, odds are, you will scare off far more customers than you would entice to try your products.  The key it to identify a strong advertising campaign that will increase your sales without frightening potential buyers away.  It is more effective to disguise your advertising campaign in ways that do not look like a “pitch” to the customers.

A full attack on new customers may sound good at first pass, but it will cause more people to turn away than turn towards your product offering.  The key is to offer a potential solution to potential problem your customer may have, without telling your potential customer that your product is what they need.   Tell the customers what you “know” they need and you will most likely lose them in a heartbeat.  Beat around the bush too much about everything else except your offering and you will lose your new customers just as fast.

The first key element you should include to expand your advertising effectiveness is to provide the grand idea to your prospective client base.  You need to introduce a large, compelling concept that will help solve the most common problem the majority of your customers have.  Based on the market niche you are in, there is most definitely a common problem that all customers in that niche grapple with on a daily basis.  Your grand idea should be encapsulated in the first line of your marketing promotion.

Very briefly introduce your company, and be sure to identify your company as the most effective solution to the client’s most pressing problem.   Quickly and specifically explain what you have that will assist your customer in solving their most pressing problem.

The second key element to expanding your advertising effectiveness is to be sure to admit to your limitations.  You may have the best thing for solving that problem, but be sure to note that you are not the “be-all – end-all” solution.  You cannot promise that your products or services will work for them, every time.  Be sure to be honest about what you can an cannot do.  It is very important to under-promise and over-deliver.  Clearly explain that your option will solve specific problems that you outlined originally, but be sure to let your customers know that this is not the solution that will solve world hunger and strife.

You want your new customers to know, trust and like you.  In keeping with that expectation, be sure to be honest with your customers.  You are not selling snake oil, you are offering them a great solution to a big problem of theirs.  Provide your offer in increments.  If they like the first portion of your products, then, logically, they will want to invest in the next step up of your services.  This way, your customers can feel comfortable about testing your product out before making a very large, one-time purchase.

You will find, as you work with your customers, that as they trust that you have their best interests at heart, they will spend more with you over time than they would have if you required them to make a large, one-time purchase.  Each time you offer a step-up program, you are allowing them to test what you say to be true and you are providing them with a level of security, knowing that they can back out if you do not provide what you promised.

Once you have your customers starting to make larger and larger purchases through your company, the third key element to expanding your advertising effectiveness is to make your big idea (the first key element) exclusive.  Identify your unique competitive advantage and let your customer know that if they take advantage of what you have to offer, then there is a good chance they will have a leg up on their competition.   Let your potential customers know that this offer is not provided to anyone, but only to a select few, who really see the benefit with your offerings.

Are your customers the savvy business people you expect them to be?  Have they tried to overcome their particular challenge and failed in the past?  Keep your customer focused on what they gain if they are successful in utilizing what you are offering.  Be sure to keep them aware of what may befall their business if they do not continue on the planned route.  Are their competitors nipping at their heels and they can’t seem to get ahead?  Reiterate what your solution can do for them, that may not be available to their competition.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.





4 Basic Business Goals

1 02 2011

Now that we have all survived the first month of the new year, it is time to reflect upon what we have already accomplished versus what we SAID we were going to accomplish the beginning of this new year.  Usually the first month of a new year ends up getting spent closing the financial books of your personal life and business (perhaps…) and just reviewing how successful you were or were not in the prior year.

The second month of the new year is now really when we focus on moving forward and building/developing our life and business.  Usually, prior to the new year, we make resolutions and budgets.  We promise that this new year will bring new ideas, new success and new growth.  By month 2 or 3 of the new year we can really take a hard look at where we are and whether or not we are going to come close to our end-of-year expectations.  Throughout all of this looking back and looking forward, if we do not rely on some basic life principles, we can pretty much write any meaningful success off.  If we do not utilize these 4 Basic Business Goals, perhaps we should not be in business.

We have talked in prior blogs about various types of Business Success and Goal setting.  This week we are going to review 4 Basic Business Goals and identify how these very basic goals can help you to develop and grow your business and even your personal life.

The first Basic Business goal is to do what is right, despite the consequences.  For business and even for your personal success, doing the right thing is not always easy or painless  (usually it is NEVER painless).   Doing the “right” thing for a customer may be in refunding their money when you really don’t want to.  You may feel that the customer’s reason for the return was off-base, but if you want to retain that customer for future business, if you have a return policy, you must adhere to the policy.  If you turned the tables, and you were in the customer’s place, how would you feel if the merchant did not wish to refund your money?  By doing what is right, not necessarily what you would prefer your customer should be satisfied and tell others that you did take the high-road.

Doing the “right” thing is many times like taking the road less traveled.  How frustrated have you been with customer service provided to you?  More businesses have lost the whole concept of customer service, actually many new businesses have lost the concept of treating the customer like a human being.  If you get back to basics (the Golden Rule) and treat your customers the way you would like to be treated, you will find your business growing.

As a business person you may find that you become jaded to new ideas, new concepts and new ways of doing business.  Do not lose your desire to learn or your sense of wonder at trying new things.   Keep your eyes open to new ideas and processes.  There may be a million ways to conduct business, and you do NOT know all the ways to be successful.  Always remain open to new concepts, one of them may be just the idea you didn’t know you were looking for.

As usual, be sure to Over Deliver and Under Promise to your customers.  No matter how much your customer WANTS you to perform a certian task within a certain time frame, if you KNOW you can’t produce (refer to our ) do not promise what you cannot deliver on.  Ultimately your customer will appreciate your honesty and you will have done the ‘right’ thing for your customers.  Customers are always happy when you achieve the promise of completing a task within the defined amount of time.  What customers really appreciate is when you not only do what you said you would do, but you go a little beyond what they expected and you give them more than what they asked for (but you are still providing for them what they really wanted).

The 4th Basic Business Goal is to love what you do.

“The more you love what you are doing, the more successful it will be for you.” – Jerry Gillies

If you do not love what you are doing, then you should not be doing it.  Life is too short to do something you don’t like to do.  If you love what you do, then you will never work a day in your life.

These 4 Basic Business Goals will not only help you to grow your business, but when applied to personal life, can help you to grow and improve your personal relationships also.

If you are looking for an additional income opportunity, you may want to review what we have to offer on our website.

Until next week…





4 Points to Building Success

18 01 2011

How many times have you asked yourself why you want to be an entrepreneur?  The bigger question is, how many times have you asked yourself WHY are you struggling to be a successful Entrepreneur?  So many people are striving to be their own boss, and many are not achieving the success that they expected.   This week we are going to cover 4 points to building success.  These points are designed to help you focus your ideas and differentiate yourself from all the other entrepreneurs struggling for a dollar out there.

As we have covered in several prior posts, there are many misconceptions about how to run a successful business.  Many people believe that if they find “just the right product” it will sell itself, and their work is done.  How many people have you met who have tried to sell you on an idea that will have “products flying off your shelf”?  Did you ever try any of those items?  Did they actually “fly off the shelf”?  Odds are, you have tried many business ideas and most of them have not panned out.  Even worse, as you try different strategies to build your business, sometimes your business will suffer.  There are so many people running around promoting false beliefs, mistaken points of view and just plain bad business practices.

Many businesses don’ t succeed because they are based on those erroneous facts.  As you may have always know in your heart of hearts, one key to business success is to differentiate yourself from all the other businesses trying to sell essentially the same thing you are.

In order for your business to become successful, you need to embrace the fact that you cannot purchase opportunities, you have to create them.  If someone is offering you the next best opportunity, then obviously, you will not be the first one to market with the opportunity.  If this is such a great opportunity, why are they offering it for sale to YOU?

Ask the right questions.  Making money, and creating a successful business is not as simple as picking that one hot opportunity and riding it out to success.  If you have to ask what the next best opportunity is, you are asking the wrong question.  By asking what the next hot idea is indicates that all you want to do is to grab onto one opportunity, ride it until it is no longer producing and then jump to the next best thing.  This will not build customer loyalty, and worse, it does not support any solid business plan.  If you are constantly jumping from one ‘hot’ idea to another, there is not flow to your underlying business plan.  You are just lucky if you make money.  Nine times out of ten, your business will succeed for a little while, but it will fail in the long-term.

If you want to have a successful business, you must be a visionary, not an opportunist.  How many successful people have you met who are only in business until the next big thing comes along?  Usually those successful people are the ones who created that next big thing.  They are the ones who came up with an idea that nobody else thought about, or nobody else combined to make a success.  Odds are, these successful entrepreneurs are the ones who came up with the new idea, and didn’t “borrow” or buy the idea from someone else.  These entrepreneurs saw a need and found a way to fill that customer need.  They fill the needs better than anyone else currently in the market.

Design your business to solve a bigger problem.  Even in a business segment with a lot of competition, there is always an opportunity to provide a better solution to a common problem.   Listen to your customers, listen to what your customers say about your competition.  Look for the underlying problem that is not being addressed by either your business or your competition and go about solving THAT problem.  Look for the solution to a standardized frustration.  If there is a problem out there that most everybody just assumes you “deal with” perhaps the solution to that problem will be the next “HOT” opportunity.  By providing solutions to customer frustrations, you will not only become more successful, but will have the undying gratitude of your customers.  This alone will make you the best business opportunity in town.

Reviewing these 4 points to building success will help you to continue to grow and improve your small business.  If you are in the market for starting a small home-based business, we have several business opportunities that may work well.  If you don’t see exactly what you are interested in, please feel free to contact us with any questions you have.  If we do not have the specific opportunity, we may know exactly where you can go to find what you are looking for.

Until next week…





Building Your Business Success – Part 2

11 01 2011

Last week we began a brief discussion of how to build your business success

Key to Business Success

for 2011.  We reviewed the concept of what Commitment means to your small business success and that you personally are responsible for your small business success.  This week we are going to finish the discussion on Building your Business Success for 2011.

Actually anybody who starts a small business can be successful.  The differentiating factor is, how LONG will your business be successful.  Again, it does partially go back to that commitment thing.  You may be successful when you first start your business, but you must remain committed to your business success.  True business success is also founded on solid business basics.  If you do not have a good grasp of business basics, it would be wise, even before starting your own business, to take a class or two, or take a seminar to learn and master the basics of business.  Without business basics, you may be successful for a little while, but your lack of basic business knowledge will most likely get you in more trouble and could ultimately contribute to your lack of long-term business success.

We must all continue practicing and reviewing and mastering the basics of business.  Without a well established / thought-out business foundation, everything you build, will most likely not stand the tests of time.  Keep up on your basics.  If you don’t know, be sure to ask a trusted source that will help you master your business foundation.  With a strong business foundation, all the work you do for your business will be successful.

Focus on Continuous Growth

Another key to building your business success (and not just making a New Year’s Resolution) is to focus on growing throughout the year, and ultimately growing for the next several years.  Do not just focus on growing your business for this month or the next.  You need to have a long-term view of where you want your business to go if you want your business to grow.  Focusing only on the month-to-month growth will not provide you with enough time to really refine and define what direction you want your business to grow in the years to come.  If you focus 2-, 3-, 5- and even 10-years in the future, then the short-term setbacks will not be so difficult to resolve.  By looking at the long-term, you can look past the immediate obstacles and focus on how to obtain that long-term goal.  By having long goals, you will find it is much easier to get past the little stuff.  If you only look from month-to-month, the problems that may crop up will most likely appear much larger than they actually are.

Lastly, it is never too late to make your business successful.  You may have had a really bad year in 2010, but that doesn’t mean you will have a bad year going forward.  Review your business plan, identify what went wrong and more importantly, look for WHY you did not follow your business plan or why you were not successful last year.  If you can identify WHY things didn’t occur (this is different from placing blame) then you can identify what you need to do to avoid that obstacle going forward.  Even if you had a decent year last year, it is not too late to revisit your business plan and adjust for any new plans or ideas you may have.  Again, be sure to keep the long-term view when reworking your plans.  When in doubt, enlist the assistance of other experts in  your field of business, to help review what you have and where you want to go.

Here is to your continued business success in the new year.

If you are looking for a second income opportunity, or are looking for some type of small, home based business to get involved with, we may have something that would interest you.  We offer a wide variety of business opportunities, from Pre-Paid Legal Services, to Stem Cell Nutritional Products, to Waterless Cleaning Products.  If we don’t have exactly what you are looking for, we may know where you can find it.  Good luck and let’s all see our businesses grow in 2011.

Until next week…





Building your Business Success in 2011

4 01 2011

 

Analyzying Business SuccessHow many times have you heard or seen information on Building your Business Success for the new year? Have you become tired of reading these articles to realize that they are nothing more than a business version of a personal New Year's Resolution? The bigger question is, if your business was not as successful as you would have liked in the past year, building on that lack of success is not an exciting proposition.

This week we are going to again review business success and why it is not a “New Year’s Resolution”.  You cannot decide one day that you will make your business successful…well, actually you can decide to do that, but effectively implementing your desires is an entirely different problem.   One main reason many people with small, home based businesses don’t succeed is that they do not have the commitment necessary to create and grow a business.

Many people who start a small home based business are usually told that “the business will grow itself” or that “you won’t have to work very hard at this, the product practically sells itself”.  If you got into business under either of these premises, or something similar, odds are that you are ready to throw in the towel.  The key to business success, or success in general is commitment.  Very few people will stick with anything once it starts getting difficult, or once the business doesn’t seem to pay off in the time-frame they expected.   Like anything, if you plan on making your business successful, you need to have a plan and COMMIT to staying with that plan for the long haul.  Granted there will be occasions where you are going to have to modify the plans, but you can not modify the commitment to the business overall.  If you start, and then, once the going gets a tad tough, quit, how will any of your customers want to stay with you in any future endeavors?   Customers will run from you if you show even the slightest sign of lack of commitment to your business, or worse yet, if you show lack of commitment to them.

Once you are committed to the task of becoming (if you are not already)

Commitment to the Plan

successful, you should realize that success is your PERSONAL responsibility.  You cannot rely on others to make your small business successful, others may help, but the success or lack thereof rest entirely on your shoulders.  If you do not push others to work harder, odds are that they won’t.  You should not place the blame of your lackluster success on anyone who is helping you to grow your business.  This holds true for any business partners you may have also.  Just because you are in a partnership, if you want the business to become successful, it is YOUR responsibility to make it so. Having your partner on the same page helps a lot, but do not expect them to have the same level of commitment.

 

Many problems people have when trying to grow their home based business is the lack of validation that they are doing a good job.  We have become used to getting that congratulatory pat on the back for a job well done and will drive harder just to get the next pat.  The problem with being your own business owner is that the only times you will get a pat on the back is if you pat your own back.  You need to learn to not look for external validation of a job well done.  You know, based on your existing plans and set goals, when you have succeeded, you do not need anyone else telling you that you did a good job.  Keeping your business successful is a major milestone these days since there are so many businesses that fold when the times get tough.

Next week we will complete this discussion on building your business success in 2011.  In the meantime, if you are looking for a business opportunity and still have no idea what to do or where to begin, please take a look at our website.  We offer several different business opportunities and if we don’t have what you are looking for, we may be able to point you in the right direction.  We are also available for consulting, if you would like someone to review your current business plans.

Until next week…





5 Obstacles to Success – Part 3

28 12 2010

For the prior two weeks we have been discussing various obstacles to your personal business success.  Two weeks ago we opened the discussion by introducing the first two obstacles to success; Fear and Cynicism.  Last week we continue the discussion to include Laziness and Arrogance.  This week we conclude the series with the last of 5 Obstacles to Success.

The last personal obstacle to your business success is Bad Habits.  It is your habits that could get you in trouble and it is habits that could cause your business to stagnate and ultimately fail.  Just because you have always done something one way in the past doesn’t mean it is the best way to do things.  We all naturally fall into habits of doing things, saying things and thinking things.  You can learn to break habits as you continue to educate yourself.  It is possible to relearn new habits; it just takes dedication and motivation.  Again, look at where you want to be and discover what new habits will help to bring you closer to your goals.  If you want to purchase a particular item, you do not want to get into the habit of spending every penny you earn now or worse yet, getting into debt just to acquire the item you are lusting after.  The key is to get into the habit of learning to make your money work for you instead of you working for your money.  Once you learn how to make money work for you, then you can start focusing on putting some of that money away so that you can ultimately purchase the item you were lusting after (without going into debt for it).  The key to a good habit is to be sure that the habit will help you move closer to your goals.  Take a good look at your current habits and ask yourself if those habits are helping you get closer to your goal of business success or are those habits causing you to move away from your goals?

In summary 5 obstacles to success are Fear, Cynicism, Laziness, Arrogance and Bad Habits.  Take an honest inventory of yourself, identify your Fears, any Cynicism, Laziness, or Arrogance you may have and then turn those bad habits into good habits.  As you do this you will discover that you are moving closer to your personal business success.

If you are looking for a second income to supplement what you are currently doing, please feel free to explore our website.  We offer several home based business opportunities and are more than willing to discuss in detail any opportunity you are considering.  We offer Pre-Paid Legal Services, Stem Cell Nutrition and can assist you in starting up your own waterless detailing business.  You only have to ask.

Until next week…