It’s Party Time!!! Event tips to build your business

May 11, 2012

What’s more fun than having a party or event to promote your company?  Some of you may have tried events before to market your business and they may have not been as well attended as you’d like.  How do you pick an event that would be right to promote your company and increase your client base?

1) It’s ok to show a little leg!- Not so much in the literal sense but the event should be a teaser.  Show just enough of your offerings to gain interest from those who attend without giving away too much.  As with dating, it’s best to leave them intrigued and wanting more.

2) Give ‘em what they want!  Not ALL of it- as stated above but it should be engaging enough so that those who want some type of feedback during the event get interaction.  Interact with them enough to give them some information about how their business in particular could benefit from what you are offering.

3) Get ’em talkin’!- At the very least if those in attendance aren’t stumbling over themselves to sign up for your offerings (we all wish right?) they should be so impressed as to tell their friends about you!  If nothing else let your character shine through and allow them to like you.  That is the best way to get them to trust you and refer you to their friends- as well as keep you in mind when they are ready for what you have to offer!

4) To charge or not to charge?  That depends!  On what, you ask?  Well the time, resources, event type- yeah, all of that. So for instance, if it’s a half hour conference call probably not but a three hour training session then yes!  You want to charge a fairly low amount on introductory events to encourage attendance but not so low as to lose a lot of money or devalue your offerings- these events are about exposure, NOT losing your shirt!

5) Let’s celebrate!   Grand opening events, anniversary celebrations, new location, or milestone celebrations are a great way to have your current fan base and clients invite their contacts to celebrate with you!  It says thank you to them for being a client or being supportive in some way and exposes you to their contacts.  Another option if you don’t currently have many clients or a fan base is doing a ribbon cutting.  Many Chamber of Commerce organizations will even promote it for you if you’re a member and that could add a base audience if you don’t have a bunch of local clients or supporters in the community just yet!

OK, so it’s Friday- Cheers! (clink) To your continued business success!  Have a fabulous weekend!
Guest written by Melissa Percivalle of Event Savvy

So what do you think?  What are some of your event successes and failures?  I’d love to hear your favorite event stories!

Want to share?? Please do! Leave your comments here.

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21 Reasons You’ll Fail at Marketing

January 23, 2012

I don’t know what it is about Marketing, but everyone on earth seems to think they can do it. And yet I see so many people NOT doing it or wasting thousands of dollars and not getting results.  I see business owners try the same things over and over, small businesses fail at marketing wasting more money, more time, and more energy. If I had 1/10th of what business owners waste on stuff that doesn’t work, I’d be the most successful marketing consultant on the planet.  But I’m not because so many business owners would rather go it alone and fail over and over again rather than reach out and get professional help. I don’t get it.

I know there are those out there who will always try to do it themselves so in the spirit of not getting it, here are 21 ways to fail at marketing:

  1. Guess – Great marketing isn’t an accident. It takes research, educated decisions, testing, tracking and measuring. Guesswork will leave you customer-less and broke.
  2. Do what everyone else is doing- Every business is different and your marketing mix should be too.  Following the crowd isn’t going to help you stand out from the competition!
  3. Listen to sales people Marketing is a long term strategy, not a special advertisement, publication, or website; but every sales rep you come in contact with will try to convince you otherwise. Marketing is a process, there is no magic pill and don’t let a slick sales person try to tell you there is.
  4. Don’t ask questions –Question EVERYTHING about your business and ask everyone you come into contact with as many questions as possible to learn, grow, and constantly improve.
  5. Do nothing – It’s simple, if you don’t Market your business, you will fail.
  6. Put all your eggs in one basket – Marketing is like investing, the more diversified your strategy, the better off you will be. Don’t invest all your time and resources in one medium or on one marketing tool – mix it up.
  7. Don’t track results – How the heck are you going to know what works and what doesn’t if you don’t track the results? If you’re not tracking you’re guessing, and we covered that in #1!
  8. Assume you have all the answers – Yes, I know: you know your business better than anyone. But do you know marketing?  I mean do you REALLY know how and where to reach potential customers and how to convince them to buy from you?
  9. Don’t talk to your customers – No one knows your value – or faults – better than the people who actually buy from you. Talk to your customers – often. It’ll provide valuable insight and ideas.
  10. Don’t study your competition- If you don’t know how you’re different from your competition how are potential customers supposed to? Knowing your competition’s strengths and weaknesses will help you differentiate.
  11. Don’t set goals –Goals keep us on track; they give us direction. Without them you’re wandering aimlessly and most likely wasting a lot of time and money.
  12. Don’t build an email list – I don’t understand how anyone can market a business in today’s world without an email list! Email is the easiest and most inexpensive way to stay in touch with customers and prospects.  If you aren’t building a list you’re missing out on huge opportunities.
  13. Don’t have an opt in form – Emailing current and past customers is a great start, but what about the people who visit your website, Facebook, Twitter, or LinkedIn pages and then go away never to be heard from again? Wouldn’t’ it be nice to engage the serious window shoppers in some way? An opt-in form is the way to do it!
  14. Sell all the time.  We’ve all met the slick schmoozy salesy types, right? And how long does it take you to high-tail it in the opposite direction? Don’t be one of those. An effective marketing strategy eliminates the need to sell all the time… really!
  15. Assume because you have a great product or service you don’t need a marketing strategy – Sure, some products and services might market themselves, but that’s rare. Real marketing success takes strategy, planning, and work.
  16. Assume that just because you have a good product or service you don’t need a referral system- Again, there are some products and services that people just love to talk about, but building a successful business solely on organic referrals and “buzz” is rare.  Getting solid referrals, consistently takes solid planning and execution. .
  17. Assume anyone with a pulse is your client- Repeat after me:  “NOT everyone is a potential client for me”. Now look in the mirror and repeat that every day! Find your niche – that segment of the population you are born to serve and you will uncover a gold mine!
  18. Don’t build relationships – I can’t stress enough how important this is. Hiding behind your computer screen, desk, or counter isn’t going to get you the level of success you want. You have to get out there – mingle, be helpful, connect people, and build relationships with the right people!
  19. Spend all your time networking in the wrong places –Not every networking group is right for you. Find the ones that will help you get where you want to go and avoid the ones that won’t.
  20. Ignore the internet – Facebook and Twitter may not be right for your business, but chances are your target market is going somewhere on line for information about your product or service.  Your job is to find out where they’re going and be there!
  21. Don’t hire a professional- If you want to build an addition onto your home would you do it yourself or hire a professional?  I mean, you know your home better than anyone, right? So why not do it yourself? Ridiculous, right? So then why would you try to “add on” – or grow – your business yourself?  Hire a professional who has the right tools and knows the ins and outs of growing a business.

So what do you think? I’d love to hear your thoughts!
 Want to share?? Please do! Leave your comments here.

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By the way, if you liked this post, I’d really appreciate your Retweet!!! Thank you. :-)

Why Small Businesses Need a Marketing Strategy

May 2, 2011

You decide to throw a dinner party.  You want it to be the type of dinner party that people remember fondly and talk about for years.  Imagine that you will serve an amazing meal and that your guests will rant about the delicious food, the great atmosphere, and the wonderful conversation. Now imagine throwing it all together without a plan. You won’t plan the menu. YouSmal business Marketing Strategy won’t plan the decorations. You won’t even plan the guest list.

Instead, you just go to the grocery store and pick up whatever is on sale that day, hoping that you can somehow throw it all together and make it work. You end up with a box of Fruit Loops, 3 lbs. of  chicken fryers, 10 boxes of mac and cheese,   Velveeta, and 2 litres of Hawaiian Punch.  

For the guest list, you figure you can just tell one or two people and count on them inviting everyone they know – you’re sure a crowd of the most fun, excellent conversationalist dinner-party-guest-types will come.

Given this scenario, I want you to  imagine the type of dinner party it will be now! Do you think you’ll be serving a delicious meal? Do you think  you’ll have the best guests – and lots of them?  Or do you think your menu will consist of some crazy meal made of Fruit Loops and Velveeta with a few mismatched guests including the boisterous lady from your spin class who ends up drinking too much and insulting everyone in the room and the neighbor down the street who hasn’t showered in weeks,  shows up just  for the free meal, and stands in the corner mumbling to himself all night?

Would you really rely on 1 or 2 of people to get a bunch of the most fun, outgoing, and best dinner party guests to your house? Would you plan a meal without a menu, a recipe or two, and a shopping list? Of course you wouldn’t!  So then, why would you run a business this way?

Yet, that is exactly what small business owners do every day. They have a vision for a business:  offering the very best product or service, standing out from the competition, and serving lots of  happy satisfied customers who talk about their business for years!  But instead of mapping out a plan for achieving all of this they go to work every day, work IN their business,  deliver the best they can handle, buy whatever advertising is cheap or on sale, attend events because they think they should – all the while  hoping to attract the right kind of customers who appreciate their work and are willing to pay a decent price for their product or service.  And then they expect those customers to tell anyone and everyone about them,  without teaching them how to refer the right kind of customer! (Think dinner party guests!)

Just like a dinner party, you can’t build a successful business without  a plan. You need to outline a strategy: Who would make the best customers? Who do you want to invite to do business with you? What will you offer? How will you package it? How will you deliver it? How will you promote it? Buying whatever is easy and cheap and counting on a few people to spread the word might get you some results, but are they the results you want???

What do you think? I’d love to hear your thoughts on this!! Leave your comments here.

By the way – if you like this post, I would REALLY appreciate your ReTweet! Thank you!!!! :-)

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