MARKETING
I eat and breathe marketing and you should too as a
business owner. You may not offer marketing service, but you should be
marketing your service (and product if appropriate). Whatever your business is,
butcher, baker or candlestick maker; you are not in the butcher, baker or
candlestick maker business… you are in the marketing business!
I don’t have enough space here to try to convince you of
this. First know that yes, you are creating and presenting something you love
making or doing. If not, sell your business now; before it becomes worthless
(or its worthlessness becomes known). When you are confident you have the best
product or service, spend most of your time thinking of ways to tell others. That
is marketing.
Here
are a few things to keep in mind.
As the owner, hire good people to do the work, and you
spend your time thinking of ways to market it.
You don’t have to spend (or invest) money in most
marketing methods. Amplifying what is commonly known as Word of mouth advertising
(which isn’t really “word of mouth” or “advertising” as I’ll explain sometime) can
be done inexpensively both online and off and it seems that the most effective
is no cost.
Think creatively but not “cutesy”.
And the “big one” is always consider your audience and
strive to think and see you, your business with its product and services through
their eyes.
Assignment:
Take a sheet of paper and write down 10 ways to market
your business without using any money. (Later you can add money to anything and
sometimes make it more effective but start your list with events, and acts
which require no or very little outlay. For instance, a smile costs nothing but
it is an advertising technique seldom used; another is using the words, “Thank
you”; but now I’m doing your assignment!
Then before your next week, either on Sunday night or Monday morning (or
any time which works for your routine), repeat this exercise. Make this an
ongoing routine in your business life.
Here’s
the advertisement I promised, actually there are two:
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