Archive for the ‘target audience’ Category

Relationship-building is a great way to leverage today's social networking craze and build valuable relationships that can translate to business success. Relationship-building takes networking to the next step, and helps individuals develop meaningful relationships that may eventually become business relationships. Strategies for effective relationship-building keep in mind that relationship-building isn't about what people can do for you, but about what you can do for people.

1. Recognize People for their Value
People want to be recognized for their intrinsic value as human beings - not as social connections. Recognize people for their value and individuality first and foremost. By building successful individual relationships with people, you can later leverage those relationships to form valuable business connections. But don't make the connections about business from the beginning - make those connections genuinely about the connections, and about recognizing people for their individual value.

2. Don't Ignore The People Not On Your "Target List"
One popular strategy that networkers use is to develop a list of targets - people they want to meet or spend time with at events or online. People who aren't on that list may get ignored. This is a big mistake, and one of the primary differences between networking and relationship-building. When you target people, you miss out on other people who may have unexpected things to offer.

3. Give People Your Full Attention And Be Sincere
One of the most mortifying experiences that a person can have is shaking someone's hand, only to realize that the person they're greeting is looking over their shoulder to see who in the room is more important to greet. Don't be keeping one eye open for the €˜important' people when you're building relationships.

Give everyone you meet your real attention. Make genuine connections with people. They sense the sincerity when you make these connections, and you never know when one of the people you meet has another valuable connection that they can provide you with - a connection you'd miss if you were too busy to move on to a more €˜important' person.

4. Look At What YOU Can Do FOR People

When people are networking, they tend to evaluate someone and think "What can this person do for me?" Don't ask what people can do for you. Ask what you can do for people. Look at ways you can provide value in other people's lives. Offer valuable information, or helpful advice. Help them make connections that will serve them in business or their personal lives. People will return the favor, and may surprise you with the ways they can help your business. You'd never discover this if you were too busy asking what they could do for you.

Relationship-building does take more time than traditional networking, but you will make more valuable connections from it. Take the time to get to know the people you meet, and don't dismiss people as being €˜unimportant' because you're too busy looking for €˜more important' people. Every connection you make is valuable on a human level. It's those real, true connections that will reap the rewards of success in the long term!

news210110cWhen it comes to marketing, every single thing that you do to generate leads should have a purpose. Without a purpose, you can end up with an advertising blitz campaign that saturates the market but doesn't have any real direction.

And where does something without direction end up going? Nowhere.

We call this "spray-and-pray" marketing - advertising your business anywhere and everywhere, hoping that people will notice you, praying your hard work pays off.

You'll do a ton of things because you think you need to be doing them. You'll get on Facebook. You'll start to Twitter. You might host a teleseminar or write some articles. Don't get me wrong. These can all be very good leads for your business, but if you don't know why you're doing them, they are just busy, random activities. Unless they are consciously linked to your end point, they will simply exhaust you and your physical resources, like your energy and time. Some of them will exhaust your money as well because they cost money to apply.

Be more intentional with your marketing techniques to avoid becoming frustrated by the amount of time you're spending on lead generation. Instead, your time will be well spent because your marketing is on purpose. What you really want is to be engaging with your clients in your specialty, and that is where intentional marketing will lead you.

But, if do you reach a point of being overwhelmed or disillusioned, where you're putting out a lot of energy but aren't getting the returns, don't be discouraged.

Do not give up. That would be a tremendous waste of your talent.

Part of my own purpose is to support and encourage you to pursue your own path. I know it's easy to get discouraged if things haven't been working out the way you'd imagined. Don't blame yourself, and don't assume that what you are offering has no value because you haven't been able to get people to buy it. That would be a critical mistake.

What you are offering to clients absolutely does have value. You may just be missing one or two of pieces on how to promote it. It's time to tweak your approach and get focused. A tweak or two could be all you need to make your approach more intentional, to turn things around and help you start attracting the clients you want.

You will probably find that you don't need a major overhaul in your business, and that some of the approaches you are using do work quite well. It's not about giving up on what you're doing, throwing it all out, and saying that it was all a terrible waste of time. It's not about throwing the baby out with the bathwater.

It's about evaluating where you are and looking closely at where you want to be.

There are almost certainly pieces of what you're doing that are working. But, that spray-and-pray part of marketing is just not smart marketing. And if you have been doing that, at least you've been taking action. If you look on the positive side, you've been doing something. It may not have been the most effective thing, but you are working, trying and doing the best you can.

Now you know that you need to be more deliberate, more purposeful. And you now know it's time for you to address your business and your marketing with intent.

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

No matter what you're selling, whether it's a training course or a marketing seminar or a physical product, you've probably spent a long time agonizing over price. Sellers almost always spend more time than they need to thinking about and setting a price. In reality, sellers think price is a lot more important than it actually is. The next time you're pricing a product, keep these things in mind.

Price Isn't as Important as You Think
Sellers almost always spend far too much time thinking about the price of a product. They agonize over whether they've priced their product appropriately for their market. In most cases, sellers actually under-price their products. When I work with people one-on-one, I almost always find that sellers are charging too little for what they're offering. I spent a lot of time telling people to raise their prices.

While sellers may think that price is the most important aspect of marketing an event, that's simply not the case. Research has shown that less than 10% of buyers are actually influenced by price as a primary factor when they make a decision. Realistically, it isn't the price that matters, but how well you market the event.

Present Your Price Effectively
Many sellers think that if they price a product low enough, it will virtually sell itself. Sellers think that low prices are easy to justify in consumer minds, so consumers will want to take advantage of the low product and make the decision to buy or register. In reality, it isn't the price that influences peoples' decisions to buy; but rather, how well you present that price. If you don't present your price effectively, the sale is over before it's begun.

Beware of Sticker Shock
Sticker shock is a phenomenon that occurs when people present their prices too early. You don't start off a presentation by telling people how much something costs, because then they're fixated on that price. If they feel that the price is high, they'll stop listening to whatever you have to say, and you've lost the sale. Instead, present the price toward the end of the sales presentation.

Build Your Product Value

To effectively sell your product, you must establish your product's value. You must spend time showing your potential buyers why your product is a must-have product. Explain what they get from buying your product. Show them how your product solves a problem they just can't seem to resolve, or how it does so better than anyone else's product. Once you've established that your product has value, you can present the price of your product; after your buyer is convinced enough of your product's value to listen to your value proposition.

In Summary …   Charge More, and Present Your Price at the Right Time
Don't undercharge for your product. A low price won't sell your product - good sales copy will sell your product. Price your product appropriately, and spend time establishing the value of your product before you reveal the price to your sale prospects. With the right value proposition techniques, you can increase your conversion rate and let your product sell itself!

Bernadette Doyle specializes in helping entrepreneurs attract a steady stream of ideal clients. If you want to get clients calling you instead of you calling them, sign up for her free weekly e-zine at http://www.clientmagnets.com

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