Marketing Information

Ready, Aim, Fire...Oops...Wheres The Target?


Everywhere you go on the Internet you find the words, "target market." What do they mean? What does it have to do with you? Well it has everything to do with your success in sales.

Let me give you an example. A few weeks ago an online entrepreneur asked me to review a direct sales presentation for him. Let's call him "Joe". His product and service is excellent. Top quality and performance, excellent customer service and support. The product will produce desired results for any business advertising online.

In this particular case, Joe's potential customer is in the furniture manufacturing business. The company owns a small chain of outlet stores and advertises on the Internet. Basically, an excellent candidate for Joe's offer.

Well, Joe sent me his package. In the offline world, it would have required UPS to deliver it with a hand truck! Now, that is an overstatement, but it consisted of a three-page cover letter, with four separate attachments and a CD presentation that he was going to mail as a follow-up.

Here's my response to Joe:

"What a tremendous amount of work you have put into this presentation.

Having been on the receiving end of proposals such as this, I must tell you that it would be the recipient of the "delete" key. Why? Too much to wade through. Too much for me to absorb. Too much for me to do. Nothing to compel me to read on.

Having said that, let's pretend for a moment that I am Mr. Jones.

  • Where are the needs development questions?

  • What tells me that you have done your homework and know about my industry?

  • What are my problems and how will you solve them?

  • How much does the average household spend on furnishings annually? (In the US it's about $1,000)

  • How are you going to help me capture a share of those dollars?

  • How has the economy affected my business?

  • What qualities separate my business from my competition?

  • How extensive and how important are brand names to my customers?

  • What are my specialty areas?

  • What market do I target and why?

  • Why do my customers keep coming back to my stores?

  • What are some of the hot buttons or copy points that you might use to target Mr. Jones?

  • What is his business terminology?

    Joe, here are two sites that can help you develop a more "targeted" approach to Mr. Jones:

    http://www.furniture-info.com/1061.htm

    http://www.furniturestatistics.com/statisticalreviewsales.html

    I hope this helps, Joe. Decision makers are bombarded daily and we must be ever diligent that we are focusing in on "WIIFM" (What's In It For Me)".

    Now, what was the message to Joe? Do Your Homework. Mr. Jones doesn't give a rip about your product unless it can fulfill his needs, but first you have to know what those needs are.

    Joe's presentation, which probably took him hours if not days to prepare, was a classic case of overkill. The two sites referred to would have given Joe all the ammunition he needed to prepare an effective presentation and in just a few short minutes.

    By the way, the research tools that I use to study markets, trends, and individual sites are listed below. Both are free to download and are priceless.

    http://www.copernic.com

    http://www.alexa.com

    Ready, Aim ... Get Ready To Fire!

    About The Author

    Patty Baldwin is a former Better Business Bureau executive and the owner of several online businesses. A successful net marketer, she invites you to visit any one of her sites at:

    http://www.allbizservices.com

    http://www.4bstrading.com

    http://www.allbizwealth.com


    MORE RESOURCES:

    BILMBA Marketing & Associates Launches 1SwingThought.com to Aid Golfers in ...
    Sacramento Bee
    By BILMBA Marketing & Associates LOS ANGELES, Feb. 10, 2012 -- /PRNewswire/ -- BILMBA Marketing & Associates has launched a new website http://www.1SwingThought.com with a simple yet revolutionary product for golf equipment designed to help the 20+ ...

    and more »


    SEO Services Alert: Internet Marketing Blueprint Unveiled at 2012 AAJ Winter ...
    Sacramento Bee
    10, 2012 -- /PRNewswire/ -- When you design your house you need an architect; when you design your lawyer Internet marketing campaign, you need an SEO architect who understands the online legal marketing industry. Cepac lawyer marketing consultants ...

    and more »


    BancorpSouth Insurance Hires Texas Region Marketing Manager
    Sacramento Bee
    10, 2012 -- /PRNewswire/ -- BancorpSouth Insurance Services, Inc. hired Larry D. Batie II as marketing manager for the Texas region. He previously served as account executive and assistant vice president at Marsh & McLennan Companies.

    and more »


    Nan Richardson Named Director of Marketing & Business Development for JG ...
    MarketWatch (press release)
    based commercial/retail contracting firm JG Construction as director of marketing and business development. In her new position, Ms. Richardson will be responsible for all marketing activities both internal and external, including client relations, ...

    and more »


    TSN

    IndyCar returning to Milwaukee Mile
    ESPN
    AP A marketing company led by former Indy driver and current team owner Michael Andretti announced Friday it will promote a race weekend at the one-mile oval June 15-16. The race will be held Saturday afternoon, and the two-day event is expected to ...
    IndyCar returns to Milwaukee for June 16 raceSan Francisco Chronicle

    all 113 news articles »


    SubmitinME

    Marketing Your Business With Pinterest
    WebProNews
    Typical marketing rules begin to apply here. The main idea is to get traffic to you. What you do with it from there is up to you. And, Pinterest is amassing a great record for getting them to your door/site. Other types of businesses that are using ...
    Social Media Marketing with “Pinterest” – In and OutSubmitinME

    all 90 news articles »


    Brafton (blog)

    Lead Scoring: How B2B Search Marketers Can Lead the Process
    Search Engine Watch
    by Derek Edmond, February 10, 2012 Comments B2B search marketing teams should step up to the forefront in lead generation initiatives in 2012. According to the 2012 B2B Marketing Benchmark report by MarketingSherpa, three of the top four challenges ...
    Content Marketing is King: Are You in the 82?Exec Digital (press release)
    Why content marketing is your key to B2B lead generationBrafton (blog)
    Survey: Marketing resource allocation to social lagsBtoB Magazine
    Business 2 Community -Econsultancy (blog) -Business Strata - Business News
    all 23 news articles »


    Tongan luger part of marketing ploy
    ESPN
    It then shows clips of him sliding down a luge track, posing with lingerie models and climbing a coconut tree (his marketing slogan is "coconut powered''). He also has a Facebook page. There is just one problem. It turns out that in a most non-amazing ...

    and more »


    Manufacturer.com

    PepsiCo to Cut 8700 Jobs, Spend More on Marketing Brands
    BusinessWeek
    9 (Bloomberg) -- PepsiCo Inc. plans to cut 8700 jobs and boost marketing spending for its brands by as much as $600 million as Chief Executive Officer Indra Nooyi works to speed up profit growth at the world's largest snack-food maker.
    Pepsi to increase marketing spend at expense of 8700 jobsManufacturer.com
    PepsiCo To Cut Jobs, Boost Marketing; Lowers 2012 ViewWall Street Journal
    PepsiCo Cuts Jobs To Boost Marketing ExpensesDaily Gossip
    DM News
    all 589 news articles »


    Atlanta Journal Constitution (blog)

    Fox's 'Mobbed' features Atlanta marketing executive and long lost dad
    Atlanta Journal Constitution (blog)
    This past Wednesday night was focused around 37-year-old Atlanta marketing director Art Siegert. He was born poor in Ohio with a teen mom. He never knew his dad James, never even met him. For many years, he wondered but never tried to track James down.

    and more »

    Google News

  • home | site map
    © 2006