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Notes:
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Reminders
Get Your Share in the Business of the Decade, Do It Now!
Today's quickie is about the crisis again but positive.
You're probably as tired of hearing the word "recession" as
I am, but one thing is certain:
Suffering needlessly is, well, needless. Mark Joyner has just
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Also on that page is a short video of Mark Joyner in his home
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In this Strategy Cashmap, Mark walks you through the step-by-step
process of protecting yourself against a declining economy.
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Enjoy today's Issue and stay tuned...
Pathway is back in 14 days with more goodies for your home
business profits.
Sincerely,
Irena Whitfield
Your Publisher
P.S.: Here you can find answers to the basic questions you may
have related to Pathway, incl organizational items, article and
ad guidelines and submissions, Pathway delivery, communication with me,...
by clicking Questions and Answers here
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Today's Special Free Reading Bonus: CPA Brain Dump Interview
with Gauler Chaudhry on Pay Per
Click Formula 2.0. Interviewed by Michael Nicholas of Info
Impact Marketing. You can download it
for free after you subscribe to Pathway To Success Ezine.
Note: Please don't use any hotmail, yahoo, zwallet addresses nor autoresponders.
These will not subscribe you. Also, by subscribing to our Pathway To Success Ezine you expressly request to receive our regular newsletter and agree to in-house and third party advertising contained therein.
Publishing dates: 'Pathway To Success' is published every other Sunday. Next Issue is supposed on 2nd May 2009.
Today's Feature Article
7 Tips How To Target Market Effectively
Irena Whitfield
At times, like these, when all people, newspapers, TV and
even strangers in the streets talk about 'the crisis' it is
a must to target your specific market ie your niche effectively
to make money, no matter what branch you are in.
The seven tips below give you general reminders to get you
back on the track if the crisis has lead you astray:
1. Stay alert to trends that might impact your target market,
product or promotion strategy: this is nothing new because
every entrepreneur has to follow the trends in any business
environment. I mention it here because at times like economic
crisis, even business people tend to overlook this basic task
and focus on other activities they consider more important.
2. Read market research studies about your profession,industry,
product, target market groups, etc: again one of the often
overlooked items at times of crisis but more important than
most of the others.
3. Collect competitors’ promo materials incl ads, brochures
and leaflets; study them and get vital information about strategy,
product features and benefits, etc: if you want to win over
your competition any time, you must know what they're doing
and to collectm and study their promo materials aimed at their
market is the easiest you can do. Plus, of course, modify
and apply what appropriate and working in your niche.
4. Ask clients why they buy/hire you and get suggestions
for improvement: this is one of the easiest and cheapest ways
to improve your products and services to what your customers
need.
5. Ask former clients why they left you: in fact, the same
as above - again this information could be a valuable source
of information for your improvement even though sometimes
harder to obtain.
6. Identify new markets: at times of crisis, this is more
than imperative: conditions are changing, priorities of
customers are shifting, people are leaving their buying
habits, moving to new areas, and you must be on the watch and
ready to jump at opportunities like this to get new income
sources.
7. Join email lists related to your branch (niche): subscribe
to an Internet forums, newsgroups or an email lists that serve
your target market: information and internal news sources
are treasures you can't survive without ie getting the right
information at the right time plus be prepared to act on it
is what separates the winners from the losers.
Basically, the only advice working miracles in any business
environment, and valid especially at times of crisis is:
'come up with a unique item and you will win'.
**************************
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Ayn Rand
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