Revitalize Your Business To Increase Your Sales
copyright 2004 Bob Leduc
Is your business going through a period of slow or
no growth? Here are 4 low-cost ways you can revitalize your business
- and increase your sales.
1. Promote A New Use For Your Product Or Service
Find and promote a new way customers can benefit by using your
product or service. You will immediately attract a new group of
potential customers. You will also capture customers from your competitors
who cannot provide or do not promote this new benefit.
For example, I recently saw a promotion for a well-known marketing
course normally sold to individuals. The promotion targeted sales
organizations and offered a special group purchase plan. It stressed
how the course would increase the sales organization's productivity
and income.
2. Use A New Method Of Advertising
Test some new methods of advertising to attract a fresh group of
prospective customers.
For example, print your best small ad on 4 by 6 inch postcards
and mail them to a list of prospects in your targeted market. Postcards
cost very little to prepare and send. And your promotions will not
be seen by competitors who see (and copy) them in most other media.
Tip: Continually test new marketing methods - and old ones you
never tried. You can reach more prospects and generate more sales
with a variety of marketing methods than with just one or two.
*** SIDE BAR ***
If you are interested in marketing, you may want to head
over to: "How
to Build Your Small Business Fast With Simple Postcards"
, this is one of the best resources for using postcards in your
marketing.
*** END SIDE BAR ***
3. Generate Some Non-Paid Publicity
Publicity is what you get when someone else promotes (or you get
them to promote) your business. It establishes more credibility
with prospective customers than advertising and generates sales
at a much lower cost.
Look for ways you can generate some non-paid publicity for your
business. For example, contact non-competing businesses serving
customers in your market. Offer to publicize their products or services
to your customers in exchange for their publicizing your services
to their customers.
Caution: Do not expect non-paid publicity to replace the results
you get with advertising. Use it to supplement your advertising.
You control where and when your advertising appears. You cannot
control where or when you get publicity ...or whether you get any
at all.
4. Convert Your Customers Into Publicity Agents
Satisfied customers can be your most effective publicity agents.
Give them an incentive to tell their associates and friends about
the value of your products or services. An endorsement from them
is much more effective than advertising - and it is much cheaper.
For example, ask your customers for referrals. Offer to reward
them each time one of their referrals becomes a customer. Your reward
can be as simple as a credit toward their next order or a unique
bonus item.
Every business goes through periods of slow or no growth. When
it happens to you, use these 4 low-cost marketing tactics to revitalize
your business - and increase your sales.
-------------------------
Bob Leduc is a Sales Consultant with 30 years experience in generating
low-cost leads. He recently wrote a manual for small business owners,
"How
to Build Your Small Business Fast With Simple Postcards",
and several other publications to help small businesses grow and
prosper. For more info: mailto:BobLeduc@aol.com
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