Greater Jordan-Elbridge Chamber of Commerce  

Post Office Box 298, Elbridge, NY  13060

Onondaga County, Central New York State                                                                  

Zip Codes:   Elbridge 13060, Jordan 13080, Memphis 13112

GPS Coordinates

Elbridge -  43.034266, -76.443282           

Jordan -      43.069027,  -76.466416                

Memphis - 43.082779, -76.377502

 Tip of the month

Week of APRIL 01, 2009

Business Hints & Tips

 

 

Week of march 15, 2009

The Small Business Advocate® NEWSLETTER

A free weekly newsletter by Jim Blasingame The Small Business Advocate

Click here to sign up to have Jim's weekly newsletter emailed directly to you.

 

Week of march 09, 2009

Don't make the mistake of marketing your product or service before you've defined your customer or client. If you do, you're just throwing your marketing money away.

    Marketing isn't just a matter of placing ads. It's a method of attracting new business. Before you can hope to achieve this, you have to know exactly who you want to target with your marketing. You need to know your target market before you can reach them.

    What's the point, for instance, in buying an advertising spot on TV if you're trying to sell whitewater rafting adventures? Are these sorts of people really going to be sitting in front of the tube?

    Define your customer by getting to know everything you possibly can about him or her. Think carefully about your product or service. Exactly who would want to purchase it? How old is this person? What is her marital status? Where does she live? How does she like to spend her spare time? What are her hobbies? What other products does she buy? Where does she go on vacation?

    You need to develop your target market as specifically as possible if you're going to market your product or service effectively. So think of your "ideal" client or customer as a person. Visualize him or her in detail. "See" what he or she does, thinks, and wants.

    If you can't visualize this person clearly and distinctly, then you need to research your potential customer or client until you can. Because until you can define your target market, you won't be able to make the decisions that need to be made about marketing, such as how, where, and when to advertise.

 

Week of march 2, 2009

    During my years as a marketing and service consultant, I learned that you have to give before you receive and that's what customized marketing is all about.

    This is a simple rule and you might say, "Why, we are business persons! We are pragmatic and go straight to the point! We mail our price list or our delivery schedule to prospective customers or clients."

    But that's not enough. Instead of just giving the customer the same thing that every other customer is given, why not write a small report describing what you can do for the other company and how you will do it?

    Customized marketing does not mean giving away all your secrets, contacts or giving the solutions for free. It means giving your prospective customers the information they need to do business with you, and will only give you an edge over your competitors. This kind of directed, specific marketing might take a few hours of your time but you will certainly win or keep a new customer.

    Remember the following:

1. 80% of your business comes from 20% of your customers;

2. Finding a new customer is harder than keeping the ones you have.

 

Ginette Provost is a consultant and a marketing teacher at Lasalle College in Montréal.

 

Week of February 23, 2009
Successful Small Business Loan Tips in This Bad Economy


Past Tips.....

Discover The Number One Benefit Of Having Your Own Internet Business, Hint, It's Not Money

Business Plan Tips

Tips to make your business more efficient in 2009  and other tips.  (The Small Business & Start Up Portal)

Job Tip for 2009: Open a Franchise (TheStreet.com)

What Are You Doing in 2009 to Improve Your Business? (Ezine Articles)
 

 

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