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| Subject: You'll Never Get The Profits You Deserve Unless You... | |
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Author: Dennis S. Vogel |
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Date Posted: 22:05:52 03/15/05 Tue Offer What Others Don't Offer Or you could offer it in a different way. NOTE- It’s nice to have this chance to share information with you, what’s not so nice is the subjects aren’t short enough to fit completely into short posts. So, I can’t get all of the details into these messages. Please realize, there are more things to consider than what I write in each post. Now for the message: So, what? Who cares? What difference does that make? Why are you bothering me? Those are some of the kinder things you’d hear if you’d try to talk to people who just want to get on with their lives. Would you be surprised? Probably not. You’ve probably said or wanted to say things like these plenty of times. If you send out messages about your business, then either 1) you’re interrupting people who just want to get on with their lives or 2) worse, they’re not even noticing. That’s worse for you because you’re getting as much profit as you should be getting. It’s worse for those who don’t notice your messages because they’re not getting the benefits you could be providing. But even this is assuming at least 2 things: 1- Your messages are being distributed to people who would buy what you offer because they can afford it & they need/want it. 2- You offer enough value to earn their attention. Yes, you need to earn their attention. It’s no accident, English-speaking people talk about paying attention. Everything people pay attention to requires some of their time. Their time is a piece of their lives; lives that won’t ever come back. I don’t like assuming, but assuming you offer real value, are you the only one who offers that value? If not, we’re back to - So, what? Who cares? What difference does that make? Why are you bothering me? Plus, I’m happy with my current supplier. What are you doing differently than everybody else who seems to offer the same thing? Are you the only one conveniently located near your prospects? Are your prices significantly lower? The meaning of “significantly lower” depends on the price range of your business category. We don’t have enough space to get into that now. Is what you offer focused narrowly enough to appeal to enough people? (More on focused narrowly enough below.) Since you’re reading this, you’re probably a small business owner with a small budget. That being true, you can’t afford to reach enough people frequently enough with a substantial message. If you’re using mass media, you probably have to limit your messages to a short time slot or small space. Your messages are probably too short to have enough significant content to compel people to take action. Or maybe you’re not established enough to ask people to buy, maybe the only action they’re willing to take is to accept a sample, a free report, a demonstration, etc. Beyond that, what kind of value can you add? How is that value different from what other business offer? If you offer aspirin, you’d have a hard time differentiating it from competitors’ aspirin, unless yours would dissolve quickly in water like Alka Seltzer. Then it’d be ready for digestive systems to disperse to the rest of people’s anatomies. Plus it’s easier for some to swallow than pills or capsules. If you offer pizza, what would you offer for added value? People can buy frozen pizzas & store them in freezers. When they want pizza, they can bake it in an oven. Or they can go to a restaurant to eat pizza. Little Caesar’s offered 2 pizzas for the price of one, but charged for delivery. Dominos delivered for free (Of course, the delivery charge was in the price of the pizzas, but you’d pay the same amount even if you went to them to get the pizza.) The pizza was hot, it was already cut. Customers don’t have to sweat in a hot kitchen on an already hot day & struggle with a knife or pizza cutter. They got more taste than frozen pizzas offered. Dominos & Little Caesar’s offer fairly standard pizzas, but add value to them. Maybe you could offer salmon pizza or fruit pizza, or whatever. But then you’d have the expense of convincing people they should at least try it once. That can be very expensive. When Dominos started, it offered delivered pizza. It was focused narrowly enough for people to understand & remember. To order food from Dominos, people didn’t have to remember or keep a menu. When people called, most of them called to order pizza, so taking orders didn’t require much time. If people called for a burger, they were out of luck. Dominos staff didn’t ask, “Do you want a regular hamburger, cheese burger, Quarter Pounder, Quarter Pounder with cheese, Big Mac, or Mc DLT? Do you want it well-done or medium-rare? Do you want mustard on that, what about ketchup? Onions & a pickle too?” Do you want that for here or to go?” To find the value you can add, you could do a gap analysis, but even if you had the money to perform a sophisticated survey – 1) You’d need to know whom to survey; 2) Ask the right questions in the right way to get the right answers. But even that wouldn’t guarantee people would realize there’s a gap. It wouldn’t mean they could suggest what to use to fill the gap. Volkswagen Beetle, “The Bug” (now there’s an attractive nickname) was among the most popular, but also a contender for the ugliest vehicle in history. Millions of people bought Beetles. Some bought them repeatedly. Can you realistically imagine millions saying they wanted a small, totally ugly, 2-door vehicle 4 people can barely fit into? You may have heard of “a face only a mother could love.” Volkswagen “repented.” It started making better looking, bigger vehicles. Millions still wanted to own ugly Bugs. What’s the morale of this story? Does it need a morale? Would that leave a gap? Let’s ask … No, let’s not ask anybody in the traditional sense. In this case, it may be cheaper & faster to just put this “out there” & gauge the response. Some call it “ready, fire, aim.” I prefer to aim in a direction determined to produce a result based on what I know or find while doing research. I’d fire, then I’d judge the results. I’m not against traditional marketing research, I’ve been getting part of my income from it for years. But unless the potential cost of a misfire is high, it’s probably best to test marketing methods by actually using them. Then at least, there’s a chance of getting some sales while we’re doing “research.” Dennis S. Vogel Get results before you pay. I’m that sure I can develop the right marketing methods for you. I still have free marketing advice & information here - http://www.thrivingbusiness.homestead.com/ http://www.voy.com/31049/ [ Next Thread | Previous Thread | Next Message | Previous Message ] |
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