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Effective Small Business Marketing is About Building Relationships - Not
Just Making Sales
Lots of entrepreneurs
struggle when it comes to making sales. Though there are many possible
reasons for this, I've found one mistake in particular that small
business owners make time and again. This is something that kills
sales-especially sales of higher priced items-like nothing else. Luckily
it is also fairly easy to avoid.
So what is this big
mistake?
Asking for the sale
too soon!
All too often small
business owners are so focused on making a sale right now today, they're
oblivious to what's going on in the prospect's mind. So they come up
empty handed time after time. And they fail to build a community of
repeat customers who buy from them time and again. Here's why...
People don't like to
be sold, they like to buy. And they like to buy from someone they know,
like and trust. On top of that, people jump at the chance to buy things
they really believe are going to be of value to them.
So if they don't know
who you are, or the value you, your products or your services have to
offer, chances are they won't risk spending their hard-earned dollars
with you...Especially if what you are selling costs more than $100.
After all, would you
pay $3000 for a two-day seminar from someone you've never heard of? What
about $1200? Or even $500? Probably not.
Because unless
someone gives you a direct referral, how do you know you are going to
get your money's worth? Or any value at all? For all you know, it could
be a big scam or one long sales pitch. And your potential customers
often feel the same way.
So instead of pushing
people to buy your products or services, give them ways to get to know,
like and trust you. The sales will automatically follow.
Here's another way to
look at it...
Think of your
business like an old-fashioned swimming hole. Now, most people are not
going to just jump in when they first get to a new swimming
hole-especially if they can't see the bottom.
Instead they might
start by dipping a toe in to test the water temperature. Or asking how
deep the water is, and whether the bottom is sandy, rocky or slimy.
Once they feel more
confident that the experience is going to be what they want, they might
wade in a ways before fully submerging.
If all goes well,
then they might think about jumping in off surrounding cliffs, or
hitting the rope swing. Because now they know the water is plenty deep
and warm.
Of course, some folks
are willing to risk it and dive in right away-especially if someone
who's done it before says it is okay. And that's fine. Nothing's
stopping them.
But most people are
going to want to ease in to one degree or another.
So the key to getting
more people to buy from you-especially high-dollar items-is to create a
series of smaller steps that let them wade in and test the waters before
taking a bigger, more risky leap.
How? It's simple
really...
1) Always offer
plenty of free information. There's lots of ways to do this including:
+ Mailing out a
regular newsletter
+ Putting free useful content on your Website
+ Starting an e-zine and/or blog
+ Offering a free report
+ Public speaking live or via teleseminars or Webinars
+ Giving away a trial size or introductory version
+ Adding helpful audio or video to your Website
2) Stay in front of
them.
You want your target
customers to recognize your name and/or brand, and begin thinking of you
in positive terms. Familiarity breeds confidence because people start to
feel they know you. And they see that you aren't just going to be here
today, gone tomorrow.
Plus, studies have
shown that when given a choice between two identical items, people will
chose the one who's brand name is most familiar every time.
3) Create a series of
complementary products or services at different price points. Someone
who is not willing to sign up for your $3000 seminar might happily risk
buying a $19.95 e-book, or taking a free teleseminar.
So offer some things
that are free, then others that are gradually more expensive. People may
start out downloading your free information. But once they see the value
you deliver, they will come back for more.
If you're doing all
this, then the key to ongoing sales success is making sure that
everything you produce-whether you give it away or sell it-is
high-quality, valuable and helpful. Because the first impression you
make will determine whether or not they come back again.
Once potential
customers see that you know your stuff, and have solutions for their
problems and needs, they will begin to trust you-and buy more and more
of your fabulous products and services.
So don't just try to
sell...Focus on building a relationship in steps and letting people get
to know you, and the sales will automatically follow.
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Practical
Marketing Expert Stacy Karacostas- author of "110 Practical
Marketing Tips for Growing Your Small Business", the 2-page
marketing plan workbook "Putting Your Business on the Road to
Success", and "The Small Business Website Bible"-specializes in
taking the stress, struggle and confusion out of growing your small
business. For more down-to-earth, business-building wisdom grab a
copy of her free report "The 7 Deadliest Small Business Marketing
Sins...Are You Guilty?" at
http://www.7deadliestsins.com
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