Ten Common Small Business
Marketing Mistakes
How do you judge the effectiveness of your small business
marketing efforts? Easy...does it produce results? Great looking
ads, fancy logos and flashy web sites are worthless if they
don't bring business to your door. This list of 10 common
marketing mistakes can help you produce better results.
- Not having a clearly defined USP
Do you want to fit in or stand out? In order to thrive in
today's cluttered marketplace, every business owner must
be able to clearly articulate an answer to the question,
"Why should someone do business with you rather than your
competitor?" "What makes you unique? Your answer to these
questions constitutes your Unique Selling Proposition. Do
you offer 24-hour, 7 day a week service? Do you offer the
lowest price? Do you offer a no risk guarantee? A strong
USP helps you to stand out in a crowded field.
- Selling features rather than benefits
Someone once said, "No one ever bought a drill bit. Millions
of people have bought a hole." People don't buy features,
they buy benefits. They are tuned into Radio Station W.I.I.F.M.
(What's in it for me?) Tell them clearly how the features
of your product/service will help them, make their life
easier, etc.
- Not using headlines in print advertisements
You have at most a couple of seconds to grab someone's attention
when they read a newspaper, magazine, etc. Using an attention-grabbing
headline ensures that the reader will continue to read the
rest of the advertisement. The headline is an ad for the
ad. Take a look at some newspaper ads. Which ones attract
your attention? You will probably find they have utilized
an effective headline. 
- Not testing headlines, price points, packages, pitches,
everything
How do you know what ad, what price, what offer most appeals
to customers? By putting them to a vote. Test everything.
Rather than running one newspaper ad for three weeks, why
not run three different ads for three weeks and measure
which draws better? Rather than putting all your advertising
into newspaper, why not split between newspaper and direct
mail and measure the results? Why not price your products/services
at different points and see which sells more? Is cheaper
always better? Not necessarily. Each situation is unique.
One price may outperform another for a myriad of reasons.
Your job is not to know why, but to find what works. Test,
test, test.
- Making it difficult to do business with you
Are your sales staff knowledgeable about your products?
Does someone answer your phone promptly and in a friendly
manner? Can people find your phone number, location? Can
customers find things easily in your store? Put yourselves
in your customer's shoes. Don't make them work -they won't.
I've seen a web site that undoubtedly cost the company thousands
of dollars and NOWHERE could I find a phone number or e-mail
address. Your customer has better things to do than struggle
to do business with you.
- Not finding out what your customer's needs are
What is the first step in filling your customer's needs?
Discovering what they are. What's most important to them?
Don't even try to guess. You may think price is most important
when what they really want is fast service. You may believe
fast service is what they want when what they desperately
want is a friendly, personal touch. How do you find out?
People won't tell you unless you ask. So ask.
- Not maintaining an up-to-date customer database
Your customer list is pure gold. Rather than always
working to bring new customers in the door, why not take
advantage of the goodwill you have already built with your
existing clientele? Experiment with extending special offers
to your customer base. Ask for referrals. Send them a card
on their birthday. Call and ask what they most enjoyed about
doing business with you (or what they disliked doing business
with you). You worked hard to develop these relationships.
Recognize their value and work hard to "re-delight" them.
- Not eliminating the risk
What prevents a customer from buying from you? Are they
unsure that your offer is worth their hard-earned money?
Make it easy to decide to buy from you. How can you reduce
their risk? If you are in a service business, let them try
your service at no cost. If you are a lawyer or consultant
offer them a free consultation. Offer them a money back,
no questions asked guarantee on any product they buy. Why
not? Are you afraid people will take advantage of you? Give
it a try for a month. You may be very pleasantly surprised.
Not confident in your product or service? Then go to work
on improving your service.
- Not educating your customers
Don't just claim that your service is better. Explain why.
Are your staff better trained? Do you utilize a technology
that increases service turnaround or quality? Don't expect
people to just take your word for things. Quality, Service
and Value mean nothing. Everyone claims to offer these.
Make these claims real for the customer by offering credible
explanations why they should do business with you.
- Not knowing what works, and sticking with it
Do you know which ads are effective? What media pulls
best? What offer gets the best reaction? By testing (see
above) you will. When you find something that works, don't
change it until you find something that works better. Just
because you're sick of an ad/offer isn't a good enough reason
to change it. You can supplement with other ads and offers.
If it works, keep it.
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