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The
Small
Business Advisor
Newsletter for March,
2002
The Small Business
Advisor NEWSLETTER for March, 2002 (ISSN #1089-3121)
Check out The
Small Business Advisor website at http://www.isquare.com. Visit
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THIS MONTH'S
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========================
CONTENTS
Notes, tips, etc
Here Today, Gone Tomorrow
The Beginner's Guide to Home Business Marketing
Neutralize The Unspoken Objections To Increase Your Sales
========================
NOTES/TIPS/etc
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COMPUTER TIP. Don't forget to check periodically for software upgrades
and especially for your operating system. Microsoft frequently issues
patches that may be important to maintain the security of your system.
Visit http://windowsupdate.microsoft.com/ for operating system and
other Microsoft software.
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USEFUL WEBSITE. Visit Gomez.com at http://www.gomez.com for ratings
of online banks, brokerages, real estate agencies and mortgage lenders.
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BACKUP! We keep reminding you of this because of its importance.
Backup your important data. One choice is to use an online backup
service. Check out http://www.backup.com and http://www.virtualbackup.com.
These services are fairly inexpensive and great insurance.
---------------
WHERE DID ALL THE NEWSGROUPS GO? Tens of thousands are still around.
Find them at http://groups.google.com. 20-year archive available!
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GOVERNMENT WESITE INDEX. http://www.firstgov.gov. Very handy.
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USEFUL WEBSITE FOR YOUR BUSINESS; http://www.superpages.com. Find
people, businesses, places, reverse lookup, etc. Very useful and
free. http://www.dnb.com. Dun and Bradstreet. Reports on companies.
Cost a few dollars but might be worth it to you. http://www.infousa.com.
Mailing lists, marketing directories, business credit reports. Mostly
free but business reports are $5/each. http://www.inc.com. Lots
of good stuff - check it out.
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HOME-OFFICE DEDUCTIONS. We're asked frequently about what tax deductions
can be taken for an office in the home. All the answers can be found
in IRS publication #587, Business Use of your Home. Get it at http://www.irs.gov/forms_pubs/pubs.html.
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WATCH OUT! Be careful about a new scam in which you receive an invoice,
e-mail or phone call informing you that your domain name must be
renewed or you will lose it. Don't be fooled - check with the folks
you originally registered with to determine the status of your domain.
---------------
TELEPHONE TIP. Do not use a speakerphone unless you are having a
conference call and its use is mandatory. Many folks become irritated
when having to listen to someone on these devices. The slight echo
and hollow sound is not very friendly.
---------------
CREDIT BUREAUS. Don't forget to check your credit periodically at
one of the three credit bureaus: TransUnion, 800 888 4213; Equifax,
800 685 1111, Experian, 888 397 3742
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REPLACEMENT PARTS. Having a hard time finding a replacement part
for an older piece of office or production equipment? Try eBay at
http://www.ebay.com. You will be amazed at what folks are selling
- eBay's search engine is top notch.
========================
HERE TODAY, GONE TOMORROW
By Robert Sullivan
How many times
have you called for some sort of service (clean your gutters, paint
a garage, fix an appliance, etc) and the call is not returned? Makes
you pretty mad, doesn't it? Think you will go back to the company
that didn't have the courtesy to return your query?
Why no call?
In many cases, the business you are calling is simply "too
busy." In other words, they don't need your business - at the
moment! Just about all businesses have busy times and experience
cycles in their activity. You too, I bet. But
Don't ever
be "too busy" to talk to a potential customer. Customers
you have today may be gone tomorrow and you'll be looking for new
ones! Every inquiry you receive is important - don't put off the
customer by not returning the call. You might be busy but rather
than risk losing a potential future customer, take the time to return
the call and explain that while you would like to help you are full
up at the moment but will follow up as soon as possible
and
give an estimate of the time. Don't forget to keep your word - if
you're still busy, make the call anyway and let the customer know.
This way you might save that customer for future work.
========================
The Beginner's Guide to Home Business Marketing
by Lisa Lake
Hello again,
Lisa Lake here with more tips for the beginning home businessperson.
As you may know from my past articles, after raising my kids I went
back into the work force, and I faced down several challenges. I'm
a non-traditional businessperson, and I had to learn the system
the hard way. I didn't have a business degree, and I didn't have
the years of experience my co-workers did, but, being a reasonably
intelligent person and a hard worker, after only a glitch or two
I found myself really succeeding.
Well, after
a few years of commuting, I found I really missed the freedom of
being at home, so I decided to go into business for myself. I was
not so surprised to find that I now was facing a whole new set of
challenges. Working at a corporation I just had to show up and be
good at the job I was hired to do. Working at home I soon discovered
that I had to be an expert at everything, especially marketing.
When you're in business for yourself, you've got to have a way of
bringing customers to your business. After a few months of trying
different approaches, I learned that the best way to market, at
least for my business, is on the web. I've streamlined my best web
marketing ideas into what I call my 1-2-3 program, and I'd like
to share it with you. Here they are.
1. Get a great
web site. Business is seldom done over the phone these days. It's
all web based, and having a great web site is crucial, because it's
the first impression the customer has of you. If your website isn't
professional, people will just move on, won't they? There are several
cheap and even free website services on the web. Just do a search
and pick the one that works best for you. You can pick decor and
font and all kinds of stuff to make your site seem more like you.
(be careful about getting too cheap with you website - you want
your site to be professional in appearance
ed)
2. Get listed
on search engines. This is really important, too. A great website
doesn't do you any good if nobody can find it, now does it? This
can be a little more expensive, but you'll find it pays off if you
do it right. Choose a popular engine or two, and then register key
words that you think people who are looking for your type of business
might use. Most pay-per-click engines offer a ranking when you submit
words so you know where you'll be on the list when you pay a certain
amount. Try to get top ten listings with at least two of your terms.
3. Use Autoresponders
to get in touch with prospective clients. Have a place on your website
where interested customers can enter their email addresses. Then
have an autoresponder service send out one, three, or even seven
follow-up mailers. This is a great way to bring in people who can't
quite make up their minds. There are lots of great sites that are
cheap or even free that offer this service as well. Again, do a
search and pick the one that works best for you.
This combination
of website, search engine listing, and autoresponder has worked
great for me. My business is booming now, and I couldn't be happier.
Give it a try and I bet it will work for you.
Lisa Lake has
created a list of top promotional methodsat http://MyAdBlaster.com
Reach her at mailto:lisa@myadblaster.com or 801-328-9006
========================
NEUTRALIZE THE UNSPOKEN OBJECTIONS TO INCREASE YOUR SALES
Copyright 2002 by Bob Leduc
You can increase
your sales by neutralizing the unspoken objections your prospects
may have to buying from you ..BEFORE you ask them to buy. Neutralizing
unspoken objections will increase the sales you get from your web
pages, sales letters and personal presentations.
Neutralizing
objections is easier than it sounds. Most of your prospect's objections
to buying fall into 1 of only 3 categories. Let's look at these
3 categories of objections..and some proven tactics you can use
to neutralize them.
1. THE MONEY
OBJECTION
Most of your
prospects have (or can get) the money to buy what you're selling.
But they have a money objection. Some think your price is too high.
Others believe they can get a better value from a competitor.
You don't have
to reduce your price to neutralize these Money Objections. Here
are 2 proven tactics that work for any business.
Enhance the
perceived value of your product or service. For example, some businesses
include with each sale a manual, CD or downloadable e-Book crammed
with information related to using their product or service.
Another effective
tactic is to promote yourself or your company as a "Specialist"
catering to the special needs of a narrowly defined targeted market.
Prospects feel comfortable when buying from somebody who thoroughly
understands them and their unique needs. They want to do business
with you -- even if you don't offer the lowest price.
Here's a simple
3-step process you can follow to develop yourself into a specialist:
Step 1: Divide
your primary market into several more narrowly defined specialty
markets.
Step 2: Learn
everything you can about prospects in each new specialty market
...and about how your product or service meets their special needs.
Step 3: Customize
your sales message to appeal directly to the special interests and
unique circumstances of prospects in each specialty market.
TIP: If you're
attracting many prospects who really don't have (or can't get) the
money to buy your product or service -- you need to change your
market. Target a market where prospects have an intense desire for
the benefits produced by your product or service ...AND the money
to buy it.
2. THE PRIORITIES
OBJECTION
Some of your
prospective customer didn't buy from you because they put a higher
priority on spending their money for something else. You can get
many of these sales by persuading them to make YOUR product or service
their priority.
For example,
develop some special offers your prospects can't resist. Create
offers so enticing your prospects feel compelled to make your product
or service their priority purchase.
TIP: Include
a deadline for every offer. It forces procrastinating prospects
to make a decision. Many will decide to buy immediately so they
don't forfeit your "good deal".
3. THE SKEPTICISM
OBJECTION
Your prospects
bought things in the past that didn't produce the promised results.
That makes them skeptical of your promises. Some of the ways you
can overcome their skepticism include:
** Eliminate
any risk of loss. Guarantee your customer's satisfaction. Offer
to refund your customer's money if they don't get the results they
expect.
** Prove your
history of delivering what you promise. Provide testimonials from
satisfied customers as evidence you've lived up to your promises
in the past.
** Make yourself
available -- personally or by phone. This is especially effective
for Internet Marketers. Prospective customers feel more secure when
they can talk with a real person.
Neutralize
all 3 of these unspoken objections before you ask your prospects
to buy. Do it in your web pages, your sales letters, your personal
presentations -- every message designed to generate sales. You'll
see an immediate increase in your sales volume.
Bob Leduc is
a Sales Consultant with 30 years experience in generating low-cost
leads. Contact him at BobLeduc@aol.com
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