Don’t Blow Your Marketing Opportunities!

In my last blog, I mentioned the home theater business owner and how he or she is marketing by networking and meeting people at events.  I do want you to consider the possibility that this business owner did not make a good impression on you or others in the group.  This action could set back good marketing efforts tremendously.

What might the result be of making a poor impression on someone you have just met with regard to your business?

Remember, it is difficult to recover from making a bad impression and you will rarely receive a second chance to do so.  Do not forget that you and your business are the product and the marketing of each is crucial to your business success.

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The Beauty of Marketing (Part 2)

Let us say that you are interested in having a home theater set-up installed in your family room or den.  You belong to a networking group or have met someone at a Chamber of Commerce meeting who owns a company that offers this type of service.  Would your first thought be to contact this person, whom you have met and maybe had a conversation with, or to search on-line or in the telephone book for someone?

Most people will answer this question affirming that they would first contact the person they know.  Why?  They have:

1.   Met him or her personally

2.   Shook his or her hand

3.   Looked in his or her eyes while speaking with them

4.   Listened to a brief description of his or her business

5.   Watched how others in the group reacted to this person

6.   Possibly heard how they serviced someone else in the group

7.   May have had an opportunity to ask questions and gather information and specifics about the nature of the business

Think of every time you meet someone and he or she has asked you what you do (referring to your work.)  This could be many personal “hits” and marketing at its best.

The Beauty of Marketing

I was a part of a group comprised of entrepreneurs and C-level executives.  We met one morning each week and shared our ideas and thoughts on a particular topic.  Before we began the meeting, we would go around the table and announce our name, the name of our business and our business focus. This was marketing.  As the meeting began, the owner of the group shared his thoughts on the topic and then called on a member of the group to briefly share his or her thoughts.  He then called on another person, and so on.  This is marketing.

Just being in the presence of other people who could be potential clients or who could refer business to me and having the opportunity to tell them who I am and what I do is an intimate form of marketing.  As I got to know them better, we marketed to each other, one-on-one.

What is the Difference Between Marketing and Advertising?

Many business owners comment back that marketing and advertising are the same thing, that they both have to do with buying print ads, running commercials on the radio or television or having a presence on a billboard.  What do you think?

Advertising is one component of marketing.  Marketing is the “big picture”.  Advertising is transmitted to the masses; you are not sure who is exposed to your message.  Even though marketing is the “big picture”, it is personal, can be intimate and generally one-to-one.

From The Customer’s Point of View

Consider the word “value”.  I want to ask you a few questions as it relates to “value” in your business.

  • What about your business do you consider a “value” to your customers?
  • Take each item you mentioned above, and explain what about it is and can be “valuable” to your customers.

*  –

*  –

*  –

*  –

  • How do you communicate those values to prospects or future clients?

In considering areas of your business in which you may not be providing value, please answer the following questions:

  • What are some examples of “value” that you can begin providing right now that you are not currently?
  • How do you intend to incorporate these items into your business?

Great job!  When you take the time to look at your business through your customer’s eyes, you may see and think of “value” in a new light.

Never, never, never forget that you and your business are the product. Focusing on this mindset alone can result in tremendous change and growth in the way you conduct business.  Now that’s real value!

How to Lose a Customer (Part 3)

In my last blog post, I talked about putting on “fresh eyes” when regarding the portions of your business of which the customer has contact.  Consider how you feel about these new areas and how you would feel/respond to a business that had similar challenges.  Then, if anything needs attending to – DO IT!  Your customers will notice and your profit margin will grow.

Other parts of your business that may need attention:

*Your employees:

  • Unsmiling
  • Unfriendly
  • Not helpful
  • “it’s just a job” attitude
  • Badly or underdressed

*Your materials:

  • Poorly printed
  • Spelling errors and mistakes
  • Looks like they have been copied too many times
  • Little thought put into them
  • Not user friendly

*Meeting with you:

  • Are you on time?
  • Does your visual image fit the prospect/customer’s visual image of you?
    • Are you dressed appropriately for your job?
    • Are you well-groomed?
    • Are your clothes in good condition?
    • Did you check your breath?
  • Are you enthusiastic about meeting with him or her and can they tell it?
  • Are you knowledgeable about your product?

You get the picture.  Customer service is more than just a face-to-face interaction; it also involves the customer’s perception of everything about your business and how it affects them.  Would you rather do business with a company that had little or none of the above challenges or one that you perceived “simply didn’t care”?  Don’t lose customers because you just aren’t paying attention!