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| Subject: Setting The Foundation For B2C Success Part 2 B | |
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Author: Dennis S. Vogel |
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Date Posted: 21:18:07 11/12/05 Sat In reply to: Dennis S. Vogel 's message, "Small Business Innovation – Setting The Foundation For B2C Success Part 2 A" on 21:30:31 10/28/05 Fri It’s vital to realize, when you try to attract consumers who never bought from you, you’re expecting them to change their behavior. Even if they do it once, they’re apt to go back to & stay in their habitual ruts because they don’t have to expend effort to change. Plus, people don’t always remember the source of things they buy. Does the fact somebody benefited by changing mean s/he won’t go back to old habits? I’ll answer that with a question- Does the tobacco industry shudder every time a smoker quits smoking? Many smokers say they can quit any time they want to. They ought to know because many who are still smokers have quit many times. Here’s a tactic many successful quitters used (Those who quit smoking for life are successful. I hope they realize that.) - They replaced a bad habit with a good habit. Their good habit can be chewing nicotine gum for a while (I haven’t heard of any who have died from exposure to nicotine gum chewers, so I consider it a good, temporary habit.) Since chewing nicotine gum is a short-term habit, it should be replaced by another habit. If customers no longer need what you offer when their lives change, you should be ready to refer them to another business. Example- If you specialize in products/services for babies, you’re apt to lose income when your customers start caring for toddlers. By having a host-beneficiary arrangement with a business catering to parents of toddlers, you can get a percentage of profits or a flat fee. You’d be the host & the beneficiary would offer to serve your former customers. The beneficiary would gain customers without the hassle of finding them. The beneficiary also wouldn’t risk spending money on mass media advertising, which might not reach a profitable number of prospects. This arrangement can be cumbersome if the transactions are small & frequent. If this is focused on a specific kind of purchase (a particular product/service or combination of products &/or services) it can be measured & quantified more easily. Instead of paying you money, the owner of the toddler-oriented business could refer parents, of growing families, to you. Some parents, who have another baby, might not have done business with you before. Former customers, of both businesses, would be changing purchasing habits/patterns anyway. You should profit from finding a dependable source of solutions for their next life stage. This is something to introduce to them before their children toddle, so they can adopt the other business & adapt their purchasing behavior. Changing any behavior can take about 21 days or more. Tony Robbins, & others, talk & write about quick change. Those techniques work for personal changes, but I doubt you’ll inspire anybody to change buying behaviors quickly without a big incentive. (Variations of what Tony teaches can be used to inspire other people to change, but they’d have to be used carefully. If they’re not done correctly, you could associate or anchor your business to pain instead of solutions. The changes Tony talks about require intensity & that’s hard to convey to another person in marketing messages when you’re not face-to-face with that person or using infomercials.) This is why you may have noticed promotional offers lasting for many purchases. It’s to get people to establish a new habit. Many times that means replacing an old habit. Establishing & replacing habits requires effort & time. This effort & time aren’t available for other things. Good routines & habits are established to make life easier. Though you might offer benefits people won’t get from other sources, you’re still expecting people to make their lives a bit or a lot harder for a while. Since situations change, what was a good habit can become a bad habit. Or a good habit might outlast its usefulness. This is similar to what I wrote in “It's Sadistic If You Don't Help Clients Find Their Pain” (http://www.voy.com/31049/1/151.html). Example- When people can’t afford a solution, they may get used to the “pain.” When their income increases, they may still put up with the problem. Some religious people just think it’s a cross for them to bear. Others may think they can’t afford a solution, because they’re used to not affording things. Humble people might think they don’t deserve a solution. Think of ways to reach more members of your target market. Based on how & where you’ll reach them, develop incentives to get their attention & inspire them to change. But test these things in small, inexpensive ways. I know you want & need maximum results NOW. I don’t want you to risk more money than necessary. Break out of the bad habit of not testing approaches. There are better ways to do things & you should find those without big risks. Dennis S. Vogel thrivingbusiness@email.com Some business owners wait until there’s a recession or something goes wrong, then they change their methods. That’s reactive & starts from a point of weakness. Proactively changing strengthens businesses. I have information you need for a stronger future. http://web1.lakefield.net/~thrivingbusiness/ http://www.voy.com/31049/ [ Next Thread | Previous Thread | Next Message | Previous Message ] |
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