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7 EASY WAYS TO INCREASE SALES --
FAST
by Bob Leduc
"What am I doing wrong?" That's a question business owners often ask
themselves when business is slow. Often, the answer is... "You're not
doing anything wrong. You just need to do some things better -- and you
need to start doing a few things you've been neglecting."
Here's a list you can use to evaluate your own marketing efforts. It
includes what I've found to be the 7 most important marketing principles
contributing to the success of ANY business.
1. TARGET SPECIFIC NICHE MARKETS
Everyone may be a prospect for your product or service. But your
marketing efforts will produce the best results for the lowest cost when
you target prospects with the greatest need for what you offer. Identify a
niche market. Customize your promotional material to appeal to their
greatest need. Then multiply your results by defining several other niche
markets and slanting your promotional materials to appeal the biggest need
of prospects in each market.
2. PROMOTE YOUR OWN USP
USP is short for "Unique Selling Proposition". It's the compelling
reason why a prospect will do business with you instead of with your
competition. You'll attract the maximum number of customers when you offer
a benefit they cannot get from your competitors. If you don't already have
a USP, create one by adding something to your business you're not already
offering. Convert it into a benefit statement and include that statement
in all your advertising.
3. NEVER ADVERTISE WITHOUT AN OFFER
Always include a powerful offer in your advertising. Offer free
information related to your product or service to generate inquiries or
website traffic. Then make the most compelling discount or bonus offer you
can afford -- to convert these inquiring prospects into paying customers.
This automatically leads to the next marketing principle...
4. COLLECT CONTACT INFORMATION AND USE IT TO FOLLOW UP
Most prospects won't buy the first time they hear or see your sales
message. You need a system to collect contact information enabling you to
reach them again with periodic reminders and offers. Many businesses
develop over 50 percent of their sales by following up with prospects who
previously requested information but didn't buy -- yet. Advertising is
expensive. Maximize your return on it by following up periodically with
the prospects it produced to convert more of them into customers.
5. REMOVE THE OBSTACLE OF RISK
Do you know the major reason why people don't buy something they want
or need? They don't want to take the chance of getting something different
than they expect and maybe even losing money. You can eliminate this risk
by guaranteeing satisfaction. If you sell products, offer a liberal money
back guarantee. If you provide a service, offer to continue working
without additional charge until the promised result is achieved.
6. DIVERSIFY
It's easier and less expensive to get more business from satisfied
customers than to find new customers. Continually find or develop new
products and services related to what you sell -- and offer them to your
customers. Affiliate programs offer a quick and low-cost way for Internet
based businesses to add new products and services to their inventory.
7. NEVER STOP TESTING
Continually test and evaluate the effectiveness of everything you use
or do to promote business. Here's a highly effective 80/20 guideline you
can use. Invest 80 percent of your advertising budget and effort in proven
promotions and 20 percent in testing new variations. Most businesses using
this system continue growing -- even in a highly competitive market.
Take a few minutes to evaluate how well you're implementing each of
these seven marketing principles in your business. A small improvement in
just one of them will boost your sales immediately. An improvement in
several will generate a big increase in your total sales volume.
Bob
Leduc spent 30 years recruiting sales personnel and developing sales
leads. If you liked this article you'll love Bob's new book, "How To Build
A High-Profit Business On A Low-Impact Budget". It's a collection of over
30 marketing articles just like this one. For more information...Email: BobLeduc@aol.com Subject:
"ProfitBook" Phone: (702) 658-1707 after 11 AM Pacific time (West Coast)
Or write: Bob Leduc, PO Box 33628, Las Vegas, NV 89133
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