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Are You
Sabotaging Your Marketing Success?
By: Debbie LaChusa
What?!? Sabotage your own success? Who would do
that? Well, you'd be surprised how many small business owners think they
are effectively marketing their business, when in fact they are cutting
their own throat.
Yes, they may be running ads that are pulling in
leads or customers. And yes, they may be writing a regular column for
their local newspaper so they are perceived as the expert in their
industry. And yes, they may even be doing a pretty good job of marketing
on a regular basis to their prospect list.
So if they are doing all of these things
"right," how are they sabotaging their success? Well there are
lots of ways. Following are just a few of the ways small business owners
unknowingly sabotage their own success.
(1) They have not taken the time to develop a
marketing plan.
A plan focuses your efforts and allows you to
make the most of your marketing budget. Unfortunately, you can market
without a plan. Yes, you read that right. You can do it, and people do
market without marketing plans everyday. But that does not mean you
should.
To make the most of your marketing efforts and
budget, make sure you take the time each year to create a plan.
(2) They don’t have written goals.
Smart business owners have written goals and
objectives for what they want to achieve with their business and for
each of their marketing activities. I know this sounds b-o-r-i-n-g, but
it's a fact. There is proof that people who put their goals into writing
have a higher success rate than those who do not. Plus, how can you
develop a plan if you don't have concrete objectives?
You need a clear vision and target to aim for.
You can't possibly determine what marketing or how much marketing you
need if you don't know what you are aiming for.
(3) They have a short-term attitude.
They are reactive in nature, and while on the
surface it appears they are doing a lot of marketing, they are not doing
anything consistently or long enough to make an impact. Running an ad or
sending out your newsletter a few times and giving up when you don't get
immediate results is worse than doing nothing at all.
How so? Because at least when you do nothing it
doesn't cost you any money. Pulling the plug too soon costs you money.
And statistics show it takes somewhere between three and 10 exposures to
a message for the average consumer to notice it and take action.
So it is quite possible your audience was just
beginning to take notice right about the time you threw in the towel!
(4) They don't know their USP.
Probably the worst way business owners sabotage
their marketing efforts without even realizing it, is to NOT have a
clear Unique Selling Proposition (USP). The greatest marketing plan in
the world will not be effective if you have not clearly defined why
someone should buy your product or service instead of all the other
products or services available to them.
If you have not figured out what is unique and
better about your product or service, and found a compelling way to
communicate this in everything you do, you can market 'til the cows come
home and you will be wasting your time and your money
10 Tips to Banish Marketing Sabotage.
(1) Develop a marketing plan.
Make sure you make it your number one priority
to develop a marketing plan every year.
(2) Write objectives.
Write at least one objective that states what
results you would like to achieve with your business over the next year.
And, write at least one objective for every marketing activity you
undertake, that states what results you would like to achieve from that
activity over the next year.
(3) Stay the course.
Check in on your progress toward your objectives
every three to six months, but give your plan a good nine to 12 months
to work.
(4) Determine your unique selling proposition.
And make sure it is represented clearly and in a
compelling way in everything you do.
(5) Don't try to be "everything to everyone."
Focus on a few specific benefits and a specific
audience.
(6) Track all of your marketing activities.
It's the only way you'll know exactly what is
working and what is not working. Use this knowledge to make smart
marketing decisions.
(7) Don't rely on one marketing activity.
Employ a mix of several marketing activities to
reach more people more times.
(8) Create a system to help you stay on track.
Your marketing plan will do you no good if it's
filed away in a folder. Make sure you have a system to stay on track
with your marketing activities every month and to help you plan ahead
for future activities.
(9) Create a realistic budget.
Your budget should be based on a percentage of
your projected revenue or the dollars you have available for marketing.
Whatever budget you decide to allocate to marketing, stick to it.
Marketing is an investment in your business. You have to spend enough to
make progress but not more than your business can financially support.
(10) Understand your environment.
The economy, competition, the strength of your
particular industry, your prospects' situation. You have to understand
them all so you can create an effective plan to either overcome
obstacles or take advantage of opportunities.
Follow these guidelines and your business stands
a much greater chance of succeeding. All of these activities are part of
a good marketing plan. And no business that wants to succeed should be
without one.
© Copyright 2005 Debbie LaChusa
PERMISSIONS
TO REPUBLISH: This article may be republished in its entirety free of
charge, electronically or in print, provided it appears with the included
copyright and author’s resource box with live website link.
Courtesy
of http://hombyz.com
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About The Author
20-year marketing veteran, consultant,
author, teacher and coach Debbie LaChusa has developed The
10stepmarketing System to help small business owners
successfully market their business, themselves. To learn more
about this simple, step-by-step program and to sign up for her
FREE audio class and FREE weekly ezine featuring how-to
articles, tips and advice, visit http://www.10stepmarketing.com
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