Wellcome To ViettStyle

News

Friday, 3 July 2009

marketing

Small Business Sales and Marketing Ideas to Keep Repeat Customers and Take Sales From Competitors

Small business sales can be increased with these marketing tips on building trust and credibility through regular contact with your customers. Use these small business marketing ideas to build repeat sales relationships, and take customers away from your competitors. This sales and marketing strategy works for any type of business in any type of market. The actions to achieve success can be started today and be working for you in just a few days.

Imagine the effect on your small business sales if you became a source of regular information to potential and repeat customers. You are the expert on what you sell and the services you provide. Use your knowledge to become the person people go to when they want information about your industry, market, or product. Think what you could recommend to people that were considering making a purchase and wanted more information. Customers want to make informed decisions, and they're frightened of making mistakes. When you help them make informed decisions it's a win - win situation. The customer gets good information and you get the chance of a sale.

Do not underestimate the value of your product, market, and industry, knowledge, or the experience you have gained. It doesn't matter what type of small business sales you are involved in, there will be potential customers looking for advice and information. Once they see you as a provider of that information they will trust you as someone they can buy from. Giving free expert information makes the receiver of that information feel they should reciprocate, and they will at least look at your products and services when looking to make a purchase. Think about it, who would you rather buy from; the person that bombards you with marketing literature, advertisements, and sales calls, or the one that you turn to when you want free expert information? Which one would you trust more? If the information you are providing is also seen as impartial then prospects will have even more trust and confidence in you. Small business sales will follow as prospects come to you for advice, and repeat business and referrals will multiply as trust in you grows and people spread the word.

These small business marketing tips will work for any type of sales and in any market place. Whether you are selling low value goods on a market stall or making large value B2B sales building relationships will grow your sales. In direct sales to the public it is often difficult to build a trusting relationship and bring in sales leads. By offering information on your industry and products you can build this trust and buying from you becomes a much smaller next step. Whatever service you offer; accountant, builder, plumber, car repair, or insurance sales, give away free information and build your reputation. Take a fashion clothing store for example. You could collect contact information from everyone that enters your store and send a regular newsletter by post or email. Your newsletter could have information on how to look great, the latest fashion tips, or how to choose contrasting colors.

Now think about your services or products, and what information could you pass on to people. Try this test; write down 5 tips now that you could give to people on what to look for when buying your products. See how easy it is, and that's without much thinking, research, or preparation. You will be amazed at what you know about your market. You will have information that is valuable to your customers. Often this information is only shared with a customer when they approach you and are considering making a purchase. Let's turn that on its head and use it to attract customers rather than just to sell to them. Use these small business sales tips and you will take business from your competitors because you are offering something they aren't. How would you feel if you saw one of your customers with an information leaflet or email from one of your competitors? Imagine a regular customer quoting you information from a competitor's newsletter.

I'm Stephen Craine and I use these small business marketing ideas to grow my sales training business. Take a look at how you can build credibility, relationships, and grow you small business sales by opening http://www.sales-training-sales-tips.com/marketing-ideas.html

You can also click around the rest of the sales training website that's specifically aimed at self employed and small business owners by opening the Sales Training home page

Article Source: http://EzineArticles.com/?expert=Stephen_Craine

Marketing

Five Priorities For Profitable Customer Relationship Marketing

With most products and services competing in largely parity landscapes, the relationship your business has with it's customers is often your only competitive advantage. The simple truth is, businesses with strong customer relationships are usually leaders. And when the relationships are with heavy category users they are also profit leaders. So, if customer relationship marketing is important to building my business, the question becomes, "How do I do it?"

Before we launch into the "how to," lets put some perspective in place. We're not suggesting your business becomes friends with its customers. If customers feel a degree of affinity toward the business, if there's equity in the relationship, i.e., your customers see value beyond functional benefits, we've succeeded, and all things being equal they will choose your business over the competition.

"OK, that's all well and good, but how do I do it? How do I use customer relationship marketing to build my business?"

Five Customer Relationship Marketing Priorities that Drive Profitable Growth

  1. Focus on Best Customers. Typically a small percentage of your customers contribute the majority of your volume and profit. These are your best customers. They are also typically heavy category users and generate the majority of the category's volume. Understand who they are and what they need. It's not what the majority needs.
  2. It's a commercial relationship. It is easy and often useful to associate the principles of personal relationships with relationship marketing. There is a key flaw in this thinking. There are significant differences between the relationships we have with friends and family, and our commercial relationships. For example, in a commercial relationship an exchange of tangible value is expected. Keep this in mind as you develop your customer relationship marketing strategy.
  3. Relationships don't just happen. You have to work at it. They need to be built over time. Relationship equity is achieved when value is delivered that's beyond the functional benefits of your product or service. This is the heart of branding and is often misunderstood. There are a lot of products with names masquerading as brands because they haven't delivered additional value to constituents; they haven't built relationship equity with heavy category users.
  4. Relationships are dynamic. They go through stages. And each stage has a unique degree of intensity. This is obvious from your experience with personal relationships. Commercial relationships also go through stages. Each requires different emphasis on contact frequency and content. Use the following to describe the stages: Prospecting, Consideration, Purchase, Connection and Loyalty. Note, the purchase happens in the middle, between Prospecting and Connection, not at the end. Connection is the most important stage in terms of ROI and probably the least understood and exploited.
  5. Maintain the relationship. Once the relationship is established maintaining it is vital. It isn't hard but it does require active involvement. Good customers, and they know who they are, expect to be rewarded. And it's rewarded, not bribed. Relationship marketing doesn't preclude sales messages. In fact, because it's a commercial relationship, targeted, relevant sales offers add value and can contribute to building relationship equity, but they have to be targeted and relevant, or it's just noise.

Conclusion

Build your business by focusing on your best customers. Recognize that it's a commercial relationship where value is exchanged for value, and deliver value beyond what's expected. Understand that relationship marketing is a business strategy and takes time. Communicate with your customers in a manner that's appropriate for where they are in the purchase cycle. Reward your best customers and they will reward you.

James Hipkin, understands the practice of marketing as only someone with decades of practical experience can. His multi-disciplined background and broad exposure to major B2C brands in Europe and the US give him a unique perspective that leaders of businesses, big and small, can benefit from. James is available for consulting assignments and is an accomplished speaker. For more of his thoughts on Marketing Strategy, Customer Relationship Marketing and innovation go to Hipkin's Hip Shots - Quick tips for business success.

Article Source: http://EzineArticles.com/?expert=James_Hipkin

Thursday, 2 July 2009

Marketing

Marketing a Bankruptcy Practice - Negotiating Better Yellow Pages Ad Rates

Like an annual dance, lawyers each year find themselves in the position of having to renew their Yellow Pages ads. In years gone by, ad reps would come in and let you know the rate and have you sign the renewal contract. But with the upheaval in the print advertising world, lawyers are in a better position to negotiate far better rates than ever before.

Things are so bad that R.H. Donnelley, one of the nation's largest yellow pages publishers, filed for bankruptcy in early 2009. Companies that sell Yellow Pages ads are hungrier than ever.

First, realize that the rate quoted is the "sucker rate." This is what the uninformed marketer pays.

Second, understand that when the rep tells you the deadline for ad submission that's usually a few days or weeks away from the real date.

Finally, remember that Yellow Pages reps are paid by commission. So if they sell fewer ads they get paid less.

Understanding this, don't be afraid to haggle a little bit. Let the rep know you're on the fence, considering non-renewal in favor of other media such as TV, radio or online. This will scare the rep just a bit.

Next, stretch out the negotiations for as long as possible. Get the contract and let it sit on your desk. When the rep calls, let him or her know you're just not sure about it yet. Perhaps if they gave you a better rate it might make it easier to decide.

Then, when they come back with a better rate (never consider a bigger ad or an added Internet listing to be a better rate - we're looking for cash in your pocket) tell them it's just not good enough. Knock off 20% and see if they bite.

If not, sit back and wait until the date they gave you as the deadline. You won't need to call the rep - he or she will be calling you twice a day by that time.

Smell the desperation? Good. Now offer them 50% of the rate they originally quoted. Either they'll go for it or come to you with their "real" rate - the one they charge just to get you in the door.

Want to get the inside scoop on marketing your law practice, no matter what your practice area? Go to http://www.BKPracticePro.com and sign up for my VIP List to get more free information about marketing, managing and growing your practice.

Article Source: http://EzineArticles.com/?expert=Jay_Fleischman

Marketing

Conference Organisers - Who Do I Choose?

Planning an important corporate event such as corporate party, a sales meeting, the annual year end party, trade show, a retirement party, a promotion party or any hospitality event for valuable clients can be a stressful and hard work.

Not many companies have a person to leave all their duties and spend dedicated time to organise a conference. Nevertheless hosting one, organised with high standards can sometimes be vital for the business.

Many organisations when looking for an exceptionally well managed event without the hassle of organising it in-house turn into one of available on our market, conference professionals. With their sound experience, any company can relax and look forward with excitement, rather than concern, to the event.

Many conference organisers are exceptionally creative and always aim to exceed you expectations.
However, hiring any conference organisers, will not guarantee a success. You as a client have to work very closely with a chosen organiser, in order to express your expectations and provide the above with your wish list.
The most important key points of your lists should include:

  • What type of event are you holding? Is it corporate event, outstanding evening for your guests or perhaps a celebration of company's accomplishments?
  • What is the size of the planned event? How many people will attend and will all of them stay for the entire day/evening?
  • What is your ideal location? What is your choice of cuisine for beverages?
  • Will you need to provide any accommodations for your guests?

All of those questions and many more, will be ask by some conference organisers. If not all of them pay any interest into the basic questions, it is usually recommended to look for a different, more experience one.

For more information on Conference Organisers visit TSNN.co.uk, the leading UK exhibition and event services website in the UK. Our Quick Quote service will send out your requirements to numerous UK suppliers so that you can find preferred supplier easily.

Article Source: http://EzineArticles.com/?expert=Brantley_Graham


marketing

Promotional Gifts That Go a Long Way

A successful business entity will constantly seek ways to get connected with their business community and gain recognition. While there are many routes you can explore with regard to this, promotional gifts are at the forefront of this scenario leading many promotional campaigns. In fact, these types of products have become so common to the extent that it has become something that you would see everyday somewhere just around the corner. Many companies adopt this method because of its extremely successful nature and its ability to go a long way in getting the attention of the community.

If you are new to this scenario and wondering what exactly these products are, these are various gifts given to your clients, with the logo of your brand or a certain message imprinted on them. These can take any form. Most common in today's world include pens, t-shirts, umbrellas, mugs, etc. Apart from these you can also choose any other product so that it would appear custom made according to your target audience.
These with your company logo inscribed on them do a great job in creating brand awareness and bringing more sales. Further it would also help in creating brand loyalty. Customers who receive them tend to be loyal to the company as they feel that they're being treated well and cared for. Furthermore these customers would refer their friends and relatives to your company and you would automatically get word of mouth promotion.

They are given not only to the clients but also employees. These act as a great motivator and make the employees feel that they are appreciated thus creating loyalty. If you want to distribute them to your employees, other than choosing a special season such as Christmas, Easter, New Year, etc, you can also hand them out for various achievements such as monthly sales targets, winners of a quiz, anniversary of joining the firm, etc. Buying these would only cost you very little but it would go a long way in creating loyalty within your employee base and create a sense of belonging.

Promotional gifts are considered more effective than any other traditional method of advertising because it can create brand awareness easily and remind the public about the brand over and over again effortlessly. For example, a time-framed advertisement on TV would cost you a lot and for every additional time you request it to be aired, you incur a cost. But in the case of these types of products your brand automatically gets recognized each and every time a receiver uses the gift. Therefore be extra careful when selecting your chosen product; make sure you choose something that can represent your brand well, have a greater life span and most importantly have some sort of connection to the receiver.

Lottie Carrot works in the promotional gifts industry for Argon Promotions, the leading company in terms of innovative business gift ideas. Lottie works closely with businesses to help market their products and services by providing information and help in the selection of suitable promotional gifts for their advertising campaigns.

Article Source: http://EzineArticles.com/?expert=Lottie_Carrot