Your marketing weak link could be undermining the rest of your marketing. It is vital that each link in your marketing system supports and builds upon the previous link. Each link must bring your customer closer to the next sale. Any link that takes the customer further away from the sale, makes your marketing program inefficient and causes you to lose money.
There are many areas where the system can break down and cause expensive waste of potential. For example, I see many retailers who invest enormous amounts on advertising to bring customers into their store, only to lose potential sales through poorly trained sales people who don't know how to help people buy what they want. There are many examples of businesses advertising discount prices to attract customers because they haven't worked out how to be different from the competition. As a consequence, they only attract price sensitive shoppers who squeeze down prices and margins as low as possible. I frequently experience poor service in restaurants and cafes which puts me, and others, off returning to those establishments. All these weak links undermine the marketing effort and reduce sales and profits.
These examples of weak links in marketing are not only evident in small businesses. As an example, I recently experienced the results of some weak link marketing at the hands of a large international telecommunications company. Late last year I had taken up an offer from this company to use them for toll calls at a capped rate of a maximum of one dollar per call anytime to anywhere in New Zealand. This offer was due to end on 28th February. At the time, the telemarketing person did not know what would happen then, but as I make quite a few toll calls I took advantage of the offer. What happened on 28th February? Did I hear from the telecommunications company? No, nothing. If I just left things my toll calls would be charged at the full rate. What did I do? I opted to change back to the national company where I could have capped calls and pay a fixed monthly fee for favourite place calls to Auckland. About two weeks later, I had a call from the other company's telemarketing person, concerned that I had recently left them and to get me back, offered me the same deal as before. When I said that I would have preferred them to call me about this before I left them, I got an argument instead of a listening ear. In the end, I was so angered by the rudeness of this person that I will never use that company again, whatever type of deal they offer. I am sure I was not the only one who was in this position. This weak link is undermining the whole marketing strategy.
Is there a weak link in your marketing system? Have you developed clear and effective strategies at each phase of your marketing system. Is there a defined method which moves customers through each phase? What do you do to ensure that each stage builds on the previous stage as you:
· Generate leads,
· Convert leads to contacts,
· Conduct the selling process,
· Confirm the sale,
· Serve the customer and ensure they get what they want,
· Create customer delight by going beyond expectations,
· Follow up to ensure that customer comes back, again and again,
· Develop the relationship to make that customer an advocate who refers others to you.
If you fall down in any of these areas, that weak link will drastically undermine your potential for achieving the sales results and profits you could achieve. On the positive side, think about the potential results you could achieve by improving the way you approach all of these marketing links.
(c) 2003 Greg Roworth, Progressive Business Solutions Limited
Greg Roworth is the Managing Director of Progressive Business Solutions Limited, a business development consultancy firm with branches in Wellington and Auckland, New Zealand. Greg has created a unique business development program that assists business owners transform their business from a state of total dependency on them to a state where the business works so well they don't have to.
Greg is also the author of "The 7 Keys to Unlock Your Business Profit Potential," which descibes the fundamental keys a business needs to achieve this transformation. Find out more, get 2 free chapters, or buy the book online at http://www.small-business-success.ws
|
|
|
|
|
|
|
|
|
|
|


Do you ever wonder if you could be doing a... Read More
Over the past 30 years, I've read so much on... Read More
Which sale is the most important one you will ever... Read More
Sales are down, and I need more customers now! Sound... Read More
With the increased challenges that all companies are faced with,... Read More
Many a home business owner has spent sleepless nights thinking... Read More
The point is what you give to another you give... Read More
If I were to ask you right now, what marketing... Read More
I enjoy cleavage as much or even more than the... Read More
Turn a coupon into a business card (or vice versa).Coupons... Read More
My mother used to tell me, tongue in cheek, that... Read More
Say it with a post card. A well designed, colorful,... Read More
1. Your Most Valuable AssetA mailing list of valued customers... Read More
Real estate marketing is a lot simpler than most Realtors... Read More
But more importantly, watch what they do. If you do... Read More
Think about all those Cracker Jacks you ate as a... Read More
What benefits will you get from flyers?Flyers are much different... Read More
Display graphics are graphic images used for illustration or "display"... Read More
Direct mail is a cost-effective way to make sales and... Read More
Secret #4 - Get very comfortable asking for paymentOne of... Read More
The idea that good design can improve how people perceive... Read More
It all started out with an email message: "I am... Read More
Do you have an elevator speech? Does it get people's... Read More
A case study in online "thinking outside the box" The... Read More
Forget what you know about your business Your goal is... Read More
I don't know about you, but I am still waiting... Read More
Benefits! They're what marketing is all about. No doubt you've... Read More
Are you market products and services using PPCs? PPC Advertising... Read More
"Goals are dreams with deadlines." -Diana Scharf HuntWhen clients come... Read More
Imagine having at your disposal a means to immediately inform... Read More
A seasoned networker knows the real meaning of networking --... Read More
Grant Directory users are ready to buy Yellow Pages have... Read More
I believe that small business marketing and selling follows a... Read More


"Get your positioning and your programs implemented properly, and the... Read More
Ever sit with a single puzzle piece of clouds and... Read More
Have you ever left a seminar thinking: "I could have... Read More
There are many Web sites I visit every day and... Read More
Deciding whether a particular marketing program is profitable to your... Read More
It has become fairly common place to see Id badges... Read More
Your market is who you want to reach. Your customer.... Read More
Marketing is something that we do to let people know... Read More
Thirty percent of all the drinkable water that runs between... Read More
Have you ever chosen to pay attention to someone just... Read More
Here's one of the most important success principles you'll ever... Read More
As a small business how do you compete with the... Read More
In business we have a number of ways or tools... Read More
One of the greatest challenges to effectively marketing a business... Read More
With so much money invested on innefective advertising, it's time... Read More
You could end up with poor results when designing a... Read More
"Buy this magazine or we'll shoot the dog," went a... Read More
If you're a business owner, you probably spend quite a... Read More
Your business success depends on your ability to promote your... Read More
The intellectual property transfer market is now estimated to be... Read More
Our bodies work like our small businesses. They work best... Read More
Keeping in touch can dramatically increase business, when done properly.It's... Read More
First, some background on today's topic. I've had a terrible... Read More
If yours is a small business and you have big... Read More
The customer is king/queen. We have all heard this mantra.... Read More
There are a great many online business people who are... Read More
Grant Businesses have a love-hate relationship with the Yellow Page... Read More
Many sales problems can be solved by improved marketing. Selling... Read More
The Web is intended to help people find information quickly... Read More
My niece recently graduated from high school, and my family... Read More
How Toyota Captured the #1 Market Share . . .... Read More
Information is coming at us from all directions nowadays. This... Read More
Have you ever heard the saying, "Give and you shall... Read More
Marketing |