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 seven 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 to 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.
Copyright
2000 By Bob Leduc
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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