Archive for February, 2006

Search Engine Marketing Secrets – Lets Do the MARKETing!

Monday, February 27th, 2006

Marketing entails a lot of brainwork and creativity. It follows a domino process and every step needs an equally meticulous guidance and attention.

Before you bring your products to the open, you must first conduct a research. Research delves into market information. This may include surveys and handing out questionnaires to your prospective customers. This hopefully discovers the needs and desires of your market as well as their dissatisfactions. Another thing that you can discover here is the competitors marketing strategies. Later, you can use these strategies to compete and make your business boom and profit.

Speaking of strategies, even those entrepreneurs who have meager resources can have successful marketing. All it needs is a great percentage of creativity and resourcefulness.

There are four key components in marketing. First component is the products and services. A specialized product line is easier to handle than those offering a wide-range of options. The latter needs a huge staff to plan and materialize its goals on the other hand, the former, only needs a few. The second factor is the promotion. Promotion includes advertising and customer interaction through personal, mail and telephone conversations. One of the strategies in promotions is using promotional items or products. These may include t-shirts, caps, clocks, key tags, calendars, balloons, candies, CDs and other promotional specialties. At their faces, you can find the companys name, products and services. Some even include additional information about the company or business. This is the companys way of reaching out their target market. This kind of strategy can even be availed of by middle-class entrepreneurs. Third factor to be considered is the price. Lower prices connote high volume orders. Nonetheless, personalized items and services can demand higher prices. The last factor is distribution. The manner of distributing the products is crucial. This may be easier on small manufacturers. However, the cost and traffic flow must also be taken into consideration.

After your products and services are made open to your market, the work does not stop there, you still has to evaluate its performance. It must pass the performance standards during actual tests made by the company. It should be evaluated on the following grounds: a) customer-orientation, b) customer satisfaction and, c) marketability and sales. These three grounds are correlated. Customer must be familiar with the product before he can purchase the same. If he has already bought it, he must be satisfied in order to be back for more. If he comes back therefore, he is finds the product affordable and fulfilling. That fulfillment, the company must treasure and protect.

About the author:
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Search Engine Marketing Secrets – Multicultural Marketing Taking Care Of Business At Hand

Monday, February 27th, 2006

Multicultural marketing mirrors the changed face of America and is getting the attention of small-business and other organizations looking for an edge in diverse ethnic markets. Gone are the days when businesses succeed with a one size fits all approach to marketing. It’s a mass market no longer, insists Rhonda Albey, a diversity consultant with Allen Associates in Los Angeles, The multicultural markets are where the opportunities are, and successful entrepreneurs are quickly learning how to get there.

Multicultural marketing mirrors the changed face of America and is getting the attention of small-business and other organizations looking for an edge in diverse ethnic markets. Gone are the days when businesses succeed with a one size fits all approach to marketing. It’s a mass market no longer, insists Rhonda Albey, a diversity consultant with Allen Associates in Los Angeles, The multicultural markets are where the opportunities are, and successful entrepreneurs are quickly learning how to get there.

According to the Association of National Advertisers (ANA) the predominant ethnic market segments being targeted by multicultural marketers are Hispanic (70%), African-American (59%) and Asian American (27%). In many places, these and other multicultural markets exert such demographic and economic influence that theyre inevitable targets. (source: www.Emarketer.com, 11-6-02).

Wherever they are, however, businesses must monitor and adapt to changes in their marketplace. The view out there can change quickly, and its a mistake to take any significant market segment in your area for granted. Even with all the right products and services youll still need the right message, in the right place, at the right time to reach the ethnic markets you want to be doing business with.

Do-it-yourself online research and homegrown multicultural marketing initiatives can help you identify and develop local ethnic market segments. But for some, outsourcing may be the way to go. For example, Multicultural Marketing Resources, Inc., (www.multiculturalmarketingresources.com), a NYC-based public relations and marketing company, is helping businesses and entrepreneurs reach multicultural markets nationwide.

Population Growth and Economic Clout Tell Powerful Stories

Overall, says Multicultural Marketing Resources, Lisa Skriloff: The African-American, Hispanic and Asian populations have a combined buying power of more than a trillion dollars and minority populations are fast becoming the majority population in major markets. But shifts in thinking toward culturally based marketingtargeting ethnic segments based on their cultural frameworkwill expand, creating multicultural marketing opportunities in still new ethnic segments in places where they are numerically significant.

California diversity consultant, Rhonda Albey, cautions: Appreciate the diversity within groups as well as among groups. Terms like Hispanic and Asian are frequently used without acknowledging the wide-variety of peoples such terms include. Asian can refer to any one of hundreds of nationalities, language groups and cultures. Entrepreneurs need to be aware that what appeals to Chinese-Americans in California may have little appeal for Korean-Americans in New York, although theyre all Asian-Americans.

Culture as much, if not more than age, income, occupation or sex, is the main difference between ethnic markets and the general marketplace. Differing cultural backgrounds may mean consumers will never see or hear marketing messages that are not relevant to their cultural behavior, language or media preferences. And many businesses have yet to realize that Hispanics, Asians and blacks, among other market segmentsmulticultural or otherwise–have buying preferences that can be a key ingredient in marketing and selling to them.

But what if you havent been making the most of multicultural marketing opportunities that could be all around you?

How to Work Multicultural Marketing Into Your Marketing Plans?

Assuming you have a marketing plan, an important first step in multicultural marketing is knowing your audience, followed by improving your existing market penetration (you may want to get busy developing attractive new target markets, but first understand the inherent risks and costs, and explore opportunities to grow from within). If you can’t meet your goals with existing marketing opportunities–or you want to aim even higher–you probably should be developing new market segments. That means checking your sales forecasts and expense budget, and seeking ways to increase the return on your marketing investment.

As does all market planning, multicultural marketing needs to include research to determine who is buying your products and services, and why. Any market segment’s unique make-up defines its needs, suggesting products to sell and methods to use, and if it’s right for you; solid information about the wants, needs and objectives of potential clients is essential in making sound marketing decisions. Surveys of prospects and clients and informal interviews are useful research tools for agents and advisors in areas where one or more ethnic groups predominate.

Multicultural market planning continues with customer profiles–word-pictures of the people you’re looking for summarizing what these groups mean to you, what you do for the group, and why. Example: The person I do business with is a young black professional or executive who is married, politically conservative, and has the potential of earning $100,000 a year by age 40. This market has grown substantially from when I started in this business 10 years ago, and Ive been able to develop a steady market presence. As a result, networking opportunities and qualified referrals are easybut I have to keep my eye on the ball and know my stuff.

Market positioning then allows you to focus your resources and expertise as they apply to your market segments and think through the messages you wish to communicate to create competitive advantages. Your positioning statement should be well thought out and lend itself to professional identity branding. Your “brand”–reputation, integrity, performance, credentials, distinctive competencies and other key factors–shows in everything you do and differentiates you from your competition. Establish your brand up front: in conversation, in writing and in what you make people think about.

A marketing strategy is your formal plan for entering and systematically developing multicultural market segments and achieving your goals. It coordinates your positioning statement, customer profiles and professional identity brand with tools and techniques for establishing yourself in these market segments while servicing and expanding your existing client base. Once you have a plan, you’ll need to implement, manage and sustain it. It’s also important to remain focussed on your long-term goals. And to stay motivated!

You can adopt these steps to any market segment; whats most important is thinking strategically about how you will find, get, and keep customers. Because marketing in the U.S. is becoming more like global marketing, market planning must proceed from an understanding of cultural differences the better to evaluate the need for adjustments to strategies and tactics. Commenting on the potential growth of multicultural marketing, Lisa Skriloff predicts: Businesses that have not invested in multicultural marketing will be forced to reevaluate or be left behind.

Want More? Send questions and comments to w.willard3@knology.net.

About the Author: Bill Willard has also been writing high-impact marketing and sales training primarily for the financial services industry for 30 yearsbut as Will Rogers put it: “Even if you’re on the right track, you’ll get run over if you just sit there. Through interactive, Web-based “Do-While-Learning” pr
ograms, enewsletters and straight-talking articles, Bill helps SBOs and independent professionals get the job done: profitably improving performance, helping grow your business, skipping expensive mistakes, making the journey to small-business success faster, smoother, easier. And fun!

Search Engine Marketing Secrets – What Your Car Audio Can Teach You About Marketing

Monday, February 27th, 2006

Stand next to any road, and every so often a young person will go by with the latest rap CD blaring. If it happens to be a cold day, he (it is always a he) may have the windows up. Then, all you will hear is the thud of the overworked bass speaker in the back. After he turns 30, the young driver probably wont even be able to hear that, if he continues this unwarranted assault on his ears.

That big bass bin cant handle the vocal sounds, and the front speakers would melt if they had all those thumps going through them. So the car audio separates out the various frequencies using filters, sending only the bass to the big bins in the back, and only the higher and more delicate sounds to the little speakers at the front. Both, and especially the bass, are then amplified so they are audible in the next county.

Marketers have borrowed the same terminology as a way of looking at how their business treats its customers. Marketing graduates will often talk about Filters and Amplifiers almost as if they actually understood them.

Filters

A filter in marketing speak is anything which prevents your customer from doing business with you. Some filters are natural if you provide personal training services for example all of your clients will need to be within easy reach. This natural, geographic filter means that you are unlikely to sell to someone in another country.

Others are contructed. Mercedes Benz dealers the world over have large, bright, glassy establishments. They tend to intimidate anyone who cant afford the prices, acting as a natural, probably intentional, filter.

Filters can also be fairly subtle. If you send out a mailing by post, research shows many are discarded without even being opened. If you have a leaflet delivered, the open an envelope filter is removed, so people cant help reading it, even while they are trying to throw it away.

Amplifiers

An amplifier is anything which increases the ease of doing business with you. Any business which decides to take payment via credit cards, for example, will find the number of people who can do business with them is amplified compared to when only cash was acceptable.

Marketers probably wont admit it, but filters and amplifiers are opposites of the same thing. Removing a filter has an amplifying effect, and vice versa.

I insured my car the other day over the Internet. The first few sites I tried only supported Internet Explorer. That, at least to me, is a filter and I went somewhere a little more Firefox friendly!

Many corporate web sites insist you provide a lot of information before they will send you that free White Paper you are interested in. No doubt that information is required by someone in the business, but it filters out a lot of otherwise interested people who simply wont take the time to fill out the form and inevitably receive all the sales calls afterwards. After all, they cant be sure theyre even a prospect before they read the White Paper!

Apple has potentially filtered out a large portion of their target market for iTunes by only accepting credit cards. Most under 18s wont have a credit card, and they are the major buyers of chart music. The Music Store Card is an attempt to turn this filter into an amplifier.

What Filters and Amplifiers Mean to Your Marketing

Importantly, this way of thinking allows you to look at all of your marketing, online and offline, in a critical way to improve your response rates and your sales. Every time you look at any aspect of your business, ask yourself if this filters out customers you want to serve, or if you can amplify the target market by improving the process.

Perhaps you could send postcards or use leaflets instead of putting brochures in envelopes. Dont insist on a customers life history before you will allow them to buy from you. Make your web site informative and easy to use, rather than slick, cutting edge and hard to understand. If you are providing services, make it clear on your site where you are and the distance you will travel. Use local town and county names as keywords to filter out people who will never be able to buy from you, but to amplify the chance of attracting locals.

If you do this consistently, over time you will get your filters and amplifiers to attract profitable customers to you, not send them away to your competitors, never to return.

About The Author

After more than 30 years in the IT industry, Mike Street is a director of FastComm (http://www.fastcomm.net) which specialises in information and tools to help increase sales, including Airlook Mobile Email software, the Eye Catcher Video Phone and the online Contact Management system, FastCRM. He is also webmaster of his wife’s Health and Beauty site Zenergie (http://www.zenergie.co.uk).

mike.street@fastcomm.co.uk

Search Engine Marketing Secrets – Top Five 2005 Required Marketing Tips Needed To Succeed Updated

Monday, February 27th, 2006

When marketing your practice, as well as designing your brochure, web site, business card, flier, advertisement, or other marketing efforts, we recommend investing the time and

When marketing your practice, as well as designing your brochure, web site, business card, flier, advertisement, or other marketing efforts, we recommend investing the time andeffort needed to effectively address all these tips. Not one of them can be omitted.

Tip 1. MARKET FOR YOUR DESIRED PROSPECTS, NOT FOR YOURSELF

What looks good to you is not necessarily effective for your desired audience. This is the biggest mistake I see people make over and over again. They come up with an idea, they think its great, a few friends, family or nontarget market people give them the thumbs up and they run with the ball.
When it doesn’t work, they just can’t understand why.

Do market research and test your strategies on your target market. Big companies do lots of market research before launching a product or service. The little guys don’t have the resources to match this but that doesn’t mean you omit it. Even if you are an independent professional, youneed to do marketing research. And market research isn’t a one-time deal. It needs to be incorporated into your marketing system and it needs to be ongoing.

Tip 2. YOU MUST ANSWER THESE FOUR CRITICAL MARKETING QUESTIONS

Question 1: WHAT’S THIS ABOUT?

Is it immediately clear to the reader what is being offered? Any opaqueness, confusion, or question marks in their mind, even for a second, and they have moved on. Don’t be cute or clever. Make it simple and clear. Cute and clever has a reference point now with S*P*AM or hype. Don’t let them place you into that category.

Question 2: WHAT’S IN IT FOR ME?

The big benefits are very clear and directly stated… not implied; the reader doesn’t have to guess. The listener doesn’t have to guess. They come to you from all different stages of readiness and desire levels.

How do you handle each one when they arrive, makes what occurs afterwards critical? It isn’t what you perceive that they want, it is what they perceive they want. Stop guessing just because you are too lazy to do the legwork. Start asking and don’t ever stop.

Question 3: CAN I TRUST YOU?

How do I know you are safe and credible? Can I find out easily enough if I want to? Is your photo and contact info prominently displayed so I can build a relationship with you? Put your photo on every web page. It doesn’t matter if they are different pictures.

People don’t trust any more especially if all your contact information isn’t on your web site. Put your phone number and address on ever page. It says you are credible. Put them in every ezine, in fact, add them twice — beginning and end.

Create a safe place for them to be in — a comfort zone. If you offer a complimentary session, realize that people don’t immediately sign up for these because they aren’t comfortable yet. It doesn’t matter if you think you are safe, its what they think. Step them through becoming safe with you.

People are either boulders or blue birds. Blue birds are easy to convert to clients. Boulders need to know that they have a safe place to roll to before they will move.

Question 4: DO I FEEL GOOD ABOUT THIS?

Do I WANT to engage you? Do I feel COMPELLED to click or pick up the phone (or whatever the call to action is)? Do I feel good about myself in deciding to engage you? Can I trust that I’m making the right decision? What’s my motivation? Am I being motivated by fear, shame, or being empowered to make a good choice? Am I so excited that I want to tell all my friends?

Lots of questions need to be answered to deliver the emotional needs people have before they buy from you. Don’t leave these out.

Tip 3. ALWAYS INCLUDE THESE THREE KEY ELEMENTS IN YOUR MARKETING MESSAGES

Element 1: POWERFUL HEADLINE

This grabs their attention and lets the reader know what you can do for them; the big benefit. Say what the biggest benefit is up front. Make it about them. Use attractive words that rock their boulder so they read more.

Element 2: COMPELLING CALL TO ACTION

Your desired result is to motivate your ideal client to act immediately to engage you directly or indirectly and generate a prospect by getting their contact information. What do you want people to do? E-mail, phone, what? What will compel them to take action?

Element 3: OFFER THEM MULTIPLE CONTACT METHODS

Offer a choice between e-mail, telephone, web site, etc, so your prospect can choose what is most comfortable to them. I have visited many web sites where I had to search for five minutes to find their contact information. I am a persistent person and I know that most others have left after 30 seconds. Can visitors to your web site find your contact information in 30 seconds? Put the information on every page.

Tip 4. CREATE A SYSTEM

Design a marketing system that you can implement repeatedly. Make it as automatic as possible. Ask the most valuable series of questions to yourself: “And then what do you want them to do? And then what? And then what? Etc.” If they visit your web site ask, “And then what?” If they subscribe to your ezine ask, “And then what?” And then when they do that, ask “And then what?” Keep challenging yourself to come up with the answers.

No, I didn’t say it was going to be easy. When I work with clients, sometimes it takes months to create a system. Most people give up to easily. Once you have it set up and it runs automatically, you will understand.

Don’t waste your time, effort, and money with one-shot deals or fragmented marketing activities. Leverage everything. If you use writing for publicity, don’t just write an article once for your ezine, ask “And now what?” Send the article to past clients with a “just in case you didn’t see this yet.”

Tip 5: FOLLOW UP, FOLLOW UP, AND FOLLOW UP AGAIN

Following up is one of the biggest areas independent professional fail to do. Set up a follow up system that is a part of your overall marketing system. Make it as automatic as possible — so that I can run while you are on vacation.

If you want to always have that “personal touch” with everyone, hire a virtual assistant as part of your system. Always have the next step planned and let your prospects know of future opportunities to engage you.

Working with many independent professionals this past year, including coaches, insurance agents, real estate agents, engineers, too many medical practices to mention, I found they never asked the challenging question I mentioned earlier, “And then what? And then what?” Etc. They did speaking engagements and there was only one “And then what?” and they stopped there.

Remember, people are at different levels and need to build trust with you. Give them the ladder and the rungs to do that and they will.

Always contact your leads within 24 hours of receiving them. Contacting them a week or two later, they have moved on. If they had an issue they need to solve that you had a solution for, they had most likely already found someone else and by-passed you.

Always follow up by e-mail, telephone, etc, multiple times. Yes, its true, 80% of sales are made after five or more contacts.

These elements will make all the difference in the world between struggling to get clients and becoming wildly successfully in marketing your services. They are worth investing your best efforts and getting the support you need to implement them effectively.

(c) Copyright Catherine Franz. All rights reserved.

About the Author: Catherine Franz, a Business Coach, specializes in writing,marketing and product development. Newsletters andadditional articles: http://www.abundancecenter.comblog: http://abundance.blogs.com