Make sure you target women. It's true for almost anything you are selling. According to Women Mean Business: The Secret to Selling to Women, eighty percent of all checks written in the US are written by women and they purchase 80-% of all consumer goods in the U.S. That's not a market segment you can afford to ignore. Even for items traditionally thought of as male dominated, such as consumer electronics, women have significant influence.
The Consumer Electronics Association (CEA) found women actually spent more on technology in 2003 than men, accounting for $55B of the $96B spent on electronics gear. Auto industry research shows that 65% of new vehicle purchases are substantially influenced or directly made by women. A 2005 study by Lucid Marketing found that your business will suffer if your business web site doesn't measure up with women consumers.
How can this help you? Make sure you actively pursue women as customers, even if you don't sell goods or services that you think appeal to women. Make sure your site or facility appeals to women as well as men. Women tend to feel uncomfortable around unhelpful or pushy salespeople. This occurs often in segments such as automotive or consumer electronics, where sales people tend to try to dominate or "sell down" to women. This could give you an advantage if you sell on the web, where this would not be a concern.
According to the Lucid study, women value the following attributes in an e-commerce website.
? Easy navigation
? Maximum product selection
? Product reviews / recommendations
? In-depth product information
? Competitive pricing
Make sure your site provides these things.
According to retail statistics, women tend to make purchase decisions based more on lifestyle and aesthetics. Keep this in mind when formulating your product mix and promotional strategy. Women and men both desire flat panel TVs for example, but for different reasons. Men tend to either want to impress their friends or have them because they are 'cool'. Women want a flat panel more because they intrude minimally on a room's design, space and aesthetics.
Women also tend to be influenced by safety and security more than male customers. Make use of this on your site and in your store.
For all of you that sell in traditionally male dominated segments, explode your sales by making sure you don't neglect women. This strategy will open new horizons to your business and allow you to generate more referrals from satisfied women customers.
Steve Faber has been successfully marketing both on and off line for years. He has been a principal for a bricks n mortar business that grossed almost $2 million a year. He has been involved with several successful websites for both bricks n mortar and online businesses. You can get his free newsletter with great information to really grow your business at: http://site.liveanotherday.com/newsletter.html
![]() |
|
![]() |
|
![]() |
|
![]() |
Many participants in my programs ask how to deal with... Read More
The need for good proposals - the business kind, not... Read More
This evaluation is not for the "weak-kneed". Real questions to... Read More
Your choice of materials for store fixtures includes wood, metal,... Read More
Some of the best sales people I have ever met,... Read More
A mannequin head is a life-size head that includes all... Read More
Still more discoveries from the recent studies in behavioral economics:Over-Valuing... Read More
Business owners should be more like doctors.Forget selling and start... Read More
The difference between antique or vintage store fixtures and used... Read More
A few days ago, I was signing copies of my... Read More
Do you clam up on the telephone? An advertising rep... Read More
I know, don't groan. You have to do them if... Read More
Hypnosis has been a taboo word for far too long.... Read More
Several years ago I worked with a CPA who wanted... Read More
Business owners of long standing know the cardinal rule "take... Read More
"Open-source" is typically found in the Information Technology area as... Read More
Any selling approach that lacks a proven strategy, a practiced... Read More
Yesterday I received a call from a financial planner named... Read More
Selling isn't something you do to people, it's something you... Read More
How many times have you heard that you gotta get... Read More
If you live in England then you will already be... Read More
What do people buy? They don't buy your wonderful presentation.... Read More
Special Requirements for Reprint: we ask only that you include... Read More
Why do we get into sales? Typically it is two... Read More
Having good telephone skills is crucial as the call may... Read More
Saturday morning, I sat in my pajamas, sipping strong, black... Read More
Recently, I wrote about about creating specific, compelling goals that... Read More
In my opinion, one of the biggest skills of being... Read More
Here are four simple things you can do to take... Read More
Your job as an event planner doesn't stop with the... Read More
We would all like to think that our product or... Read More
Mannequins are primarily used in stores to display clothing. A... Read More
VOICEThe Image the customer has of the Salesperson is vital.... Read More
Business owners of long standing know the cardinal rule "take... Read More
Usually my essays discuss the issues that the 'sales' method... Read More
Offering gift certificates is an excellent way of increasing sales... Read More
Hello, do you have a website and sell something on... Read More
Have you ever gotten frustrated when you realize that your... Read More
Recently I was out trail running along the South Fork... Read More
There are seven major reasons why adults continue their pursuit... Read More
For many of you the Fear of Selling is a... Read More
Selling is just a whole lot easier when you know... Read More
"Which is your best CD?"Ever get that question? My band... Read More
Make sure you target women. It's true for almost anything... Read More
This article is meant to inform. Please don't construe this... Read More
Several weeks ago, I conducted a "Mastering the Cold Call"... Read More
The time comes for all mortgage brokers and loan officers... Read More
I was sitting at my desk last week when my... Read More
"Value-added." That word is used so much it has become... Read More
Just about every clothing store uses mannequins. There are many... Read More
According to the Direct Marketing Association, in 2003 U.S. direct... Read More
Hello everyone, hope your day is going well! I know... Read More
When it comes to effective selling, one simple fact never... Read More
Any company in today's global economy must eventually face the... Read More
Lance has what it takes and then some.Did you know... Read More
A mobile auto detailer and their profits are tied to... Read More
One of the top brewing companies in America is a... Read More
Everyone wants the best possible value in every transaction, but... Read More
JOHN DI LEMME ON "5 + 5 = Your Dream"... Read More
Strategies to help produce your brochure, advertisment or direct mail.... Read More
Former General Electric CEO and legendary manager, Jack Welch, nailed... Read More
Have you ever shopped at Walmart and thought... I need... Read More
Who likes cold calling? Most salespeople don't like cold calling,... Read More
If you need to hold a fundraiser and don't know... Read More
Knowing what to do when meeting a prospective client forlunch,... Read More
I am often reminded of the following true story whenever... Read More
Sales |