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  • Three Resolutions to Make Your New Year More Profitable
    by Joel N. Sussman

    A successful small business marketer is a cross between an eternal optimist and a hard-nosed realist. If you don't cultivate optimism, your efforts will be sporadic, half-hearted, and uncreative.

    On the other hand, if you look at the world only through "rose-colored glasses", you may develop a false sense of confidence and plunge blindly into an expensive media blitz, bypassing the necessary planning and evaluation. While optimism is an essential state of mind for pursuing any goal, it needs to be tempered with a dose of realism.

    Sometimes a company's worst enemy can be self-defeating attitudes. You know it's time to regroup and re-examine attitudes and your creative process when you hear yourself or one of your associates saying, "I didn't think that ad would work, anyway!" Does that sound familiar? If you ever have serious reservations about an ad, a marketing campaign, or a sales presentation, then it's time to step back, re-evaluate it, and get some outside feedback before launching it.

    Resolution #1: Get a Second Opinion

    Run the concept, the graphics, or the sales message by some associates, a couple friends, or even family members who are willing to offer some constructive criticism. Ask them what their immediate reaction is and why the sales message is or is not persuasive. Do they think it would compel them to take action if they were prospective customers, or does it just blend in with the hundreds of other marketing messages they're exposed to day after day? Finding a way to stand out and be noticed is often the first hurdle in a successful advertising or marketing campaign.

    A more formal approach would be to assemble a focus group, usually members of the public who are paid a fee to view your commercial, evaluate your product, or critique your marketing material. The most effective way to conduct a focus group is generally to hire an experienced advertising agency or marketing research company to do it for you. They should know how to guide discussions in a productive direction and ask questions that elicit unbiased, honest, and useful responses.

    If you've invested a lot of your time and thought into creating an ad, a sales presentation, or even the packaging for a product, your closeness to the campaign can make it difficult to put yourself into the customers' shoes. By getting too caught up in the creative process, the pressures of sales quotas, or your own ego, it's easy to lose your objectivity. That's when outside feedback can be really helpful and necessary.

    Resolution #2: Get In Touch With Your Inner Customer

    The easiest and most natural way to start thinking like a customer is to get in the habit of paying attention to and analyzing your own experiences as a customer. Whether you're in a restaurant, a dry cleaners, or a repair shop, make a mental note of the things that rub you the wrong way or that make you want to continue doing business there. The same holds true of your reaction to print ads, commercials, billboards, yellow pages ads, or sales pitches. What is it about some of the marketing messages you hear or see that motivate you to pick up the phone, get in your car, write a check, pull out your credit card, or choose one business over another? Give some thought to why you keep going back to the same coffee shop, chiropractor, mechanic, bank, or hair stylist. If you can figure out why they've earned your loyalty, that might shed some light on how you can improve your own company's ability to attract, acquire, and retain customers.

    But before you can build on your strengths, you need to identify exactly what they are. You and just about everyone in your organization needs to know what your unique, distinctive customer advantages are and why customers are better off doing business with your company rather than your competitors. Stop and write down all the strong selling points that can be used in presentations, brochures, ads, business cards, sales letters, and web pages. Then figure out what changes, improvements, and enhancements need to be made to your service quality, your marketing strategy, and that list of advantages to make it more compelling.

    Resolution #3: Shift Your Focus From "Features" to "Benefits"

    Now here comes the hard part! I'm no psychologist, but it seems like the biggest obstacle that business owners face in giving effective sales presentations and creating response-producing ads and letters is their own ego. Make one change in your attitude and you're almost sure to increase your sales closing ratio and your advertising response rate. The secret, which you and just about everyone else in business has heard of but may not have acted on, is to focus your marketing message on "benefits" rather than "features". In other words, customers are more strongly persuaded by knowing how a product is going to benefit them, rather than what it's made of. That doesn't mean you should leave out the descriptive features of your product or service; but, in most cases, the main thrust of your presentation or ad should be the benefits your customer will enjoy. More specifically, focus on your ability to solve their problem, make their lives easier, or help them feel happier, have more fun, be more confident, enjoy better health, or increase their family's safety.

    They may also be in the market for a product or service that makes them more financially secure, personally admired or loved, more attractive, prosperous, prestigious, comfortable, or pain free. People have dozens of fundamental needs and emotional triggers, and are motivated by everything from fear and greed to love and vanity. If possible, find out exactly what your prospects' "hot buttons" are, and then tailor your presentation, ad, or web page to those needs. If you can reach them at an emotional level or otherwise convince them that you can satisfy their needs or solve their problem better than the competition, then the probability of gaining their business and winning them over as a loyal client will increase tremendously. Do that consistently, and you'll have a winning formula for small business marketing success.

    *****************
    Joel Sussman, , president of Optimal Marketing Communications, has created a web site, called "Marketing Survival Kit.com"( visit the site below ).The site features a variety of hand-picked articles, small business marketing tools, and downloadable manuals. A free subscription to his marketing newsletter is available by sending a blank email to: marketingsurvivalkit@GO-Subscribe.com, or go to: http://www.marketingsurvivalkit.com

    Go on Reading Top Right

    Measuring the Effectiveness of Your Website
    by Scott Buresh

    Although the number of business-related websites continues to grow at a fast rate, many companies don't realize any noticeable return on their website investment. Often, this is simply because the website does not address the offline goals of the business and because there is no reliable mechanism in place to measure its success. When trying to gauge how effective your website is in helping you to meet your organizational goals, the following three basic questions can help.

    What is the goal of the site?
    Many companies have ineffective websites because there were no predefined goals in place when the site was made. What do you want the site to do? Sometimes the goal is easy to define. If your site sells items online, you most likely want your visitors to make a purchase. For many other companies that sell services (or high end products that can't reasonably be sold online), the goal is to have the visitor initiate a contact so that the sales staff can attempt to convert them into a customer. The important point is that your website should be more than a static billboard that proclaims that your company is open for business- it should be designed to help achieve predefined goals (and unless the site is strictly informational, this usually means encouraging the visitor to take a desired action). Simply "having a website" does nothing to help your business or your customers.

    How many people are coming to the site?
    Most site owners have access to traffic statistics, usually provided by their web host. This data is an important part of determining the effectiveness of a site. Without knowing how many visitors your site receives over a given time period, you cannot determine whether your site is meeting the stated goals (more on this to follow). Benchmark data over at least a month is recommended to ensure that you have a representative sample. Ideally, this sample will not be drawn from a period in which the company was doing an unusual amount of offline marketing and promotion, since this number would not be indicative of website traffic for an average month.

    How many visitors take the desired action?
    During the same time period that you tracked the total number of visitors to your site, you should also track the number of visitors that take the action that you desire. For instance, if your primary goal on your site is to get visitors to fill out a contact form, how many forms did you collect in the allotted period? This number, coupled with your traffic data, forms the basis of your site conversion rate. For example, if you had 1000 visitors over a one-month period, and 10 of them sent in a form, your site conversion rate is 1% (10/1000). It is important to draw a distinction between your site conversion rate and your regular sales conversion rates (unless your site is selling online). Not all people who send in a form, for example, will become customers. However, your site conversion rate is a very useful piece of data to have, as you can use it to measure the success (or failure) of changes that are made to the site.

    Three Quick Tips for Improvement:

  • 1. If your traffic levels are too low to draw any meaningful data, consider launching some traffic-building initiatives, such as search engine optimization, affiliate programs, or pay-per-click advertising.
  • 2. Be sure to make it easy for your visitor to take the desired action from any page of your site. For example, if you want them to fill out a contact form, make certain that there is a prominent button inviting them to do this on each page.
  • 3. Check your sales copy to be sure it also invites visitors to take the desired action. Too often, companies use offline brochure copy on their site without taking into account the unique opportunities that the online arena affords.
  • Conclusion:
    While launching a website can be a big step for any business, it is equally important that the performance of the site can be measured objectively. Understanding the goals of your site and establishing a benchmark from which future success can be gauged is critical to your site's long-term success.

    *****************
    Scott Buresh is Co-founder and Principal of Medium Blue Internet Marketing . For monthly tips on how to get the most out of your internet presence, sign up for the Medium Blue Internet Marketing Newsletter

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