Small Business Marketing

Business Growth

Marketing Tips for Small Business Owners

As you may have heard, “Labor Day” originated during the time of 7-day workweeks of 12-hour days, in the late 1800’s, as our country was in the throes of the Industrial Revolution. Times have certainly changed since then — and our economy is no longer driven by the manufacturing jobs of the past. Yes, now our economy is about *knowledge* … and that’s why I take the time each week to inform YOU about the “real world” steps you should be taking with your San Francisco Bay Area business, and how to be prepared for any circumstance. Which brings me to a question: Is there anything I can do to help you this week? I obviously take pleasure in helping my clients and San Francisco Bay Area business-owner friends thrive during this craziness in our culture and economy, and my weekly Notes are just one way I’m happy to help. But I hope you know that there are probably other ways in which we could come alongside you and your business. From cash control analysis to taking financial tracking off your plate, to tax planning and other consultations — we’re here for you. Give me a call, or send me an email … we are in your corner. Yes, we’re headed into a busy period before the deadlines on 9/15 and 10/15 for our various clients on extension or filing under corporate status — and then we start gearing up for our busiest season of the year after the holidays. But we will always set aside time for you. Give us a call, or drop me an email. This week I’m wrapping my series on marketing mistakes by offering more marketing tips for small business owners. Here you go… Marketing Tips for Small Business Owners in San Francisco Bay Area “Trust your instincts when they tell you to ‘pause’ and think it over.” -Susan G. Owen Over the last few weeks, I’ve written about how so many San Francisco Bay Area small businesses shoot themselves in the foot by failing to improve their advertising and sales processes. So far, I’ve given you FIVE blunders to avoid: 1. Failure to tell your story. 2. Right product, wrong market? 3. Right market, wrong problem? 4. Right problem, wrong pitch or promise? 5. Right pitch, wrong timing? So, let’s keep plugging those holes for you, shall we? Here’s the final installment. 6. No urgency. In most cases, of course, it’s just common courtesy not to rush people. But that’s a courtesy you can’t afford when you’re trying to close a sale. Why? Because of the salesperson’s and marketer’s greatest enemy … inertia. If you can’t give your prospect a push to “act now,” you’re only inviting him to shelve the offer until later. Translation: Never. It’s not a question of politeness, it’s a question of sales and marketing survival. Go back and look more closely at your sales piece or script. Start with the offer and work backward. Is there a deadline for any special deal you’re offering? Is there a bonus for a speedy reply? If you can work it into the deal, do so. But then move back through your piece and find places you can repeat or highlight the deadline date. Make it as specific as possible. Midnight on a certain date, just weeks from your mailing. Or maybe a website countdown. Or a limited number of orders allowed. If there’s one thing that drives people more than the promise of getting something, it’s the fear of missing out. In short, if there’s no urgency, find some. And make sure you build that tension, the closer you take your prospect to the point of the sale itself. 7. Failure to offer proof. As much as we may consider ourselves thoroughly rational creatures (and I say this as a “numbers person”!), no sale is ever made based on logic alone. The way to get attention and action is with emotion. (Some people shy away from using emotion, and that’s quite understandable — because it’s often perceived as “manipulative”. My simple contention here is that if we don’t speak in the language of emotion, then we’re not truly speaking the real language of life.) That said, once you’ve engaged a prospect emotionally, you’ve got to give him or her a reason to believe. You’ll want to work into your script or sales piece a way for your prospective client to go back and rationalize the smart decision they made to use your product or service. Credibility-building charts and statistics, relevant stories, strong testimonials, track record, expert testimony, reassuring credentials … they all add up to support the prospect’s original emotional commitment. If you are already using these elements, I suggest you go back and make sure your proofs are clear and easy to read. If you have testimonials, make sure they’re as naturally presented as possible. Don’t use stock photos. Use pictures of the real customer. If you can use full names, do. If you’ve got experts who recommend your product, mention them. If you’re reading third-party sources that support your claims, name them. And use quotes just long enough to show that the credible experts agree. Don’t just say your results are great. Show what happens when you get great results. Thinner customers. A nicer car. A bank statement. A healthy, happy couple. And so on. Anything to put an image into the imaginations of your future customers. 8. Failure to close. This is the last one, and it’s a biggie. Zig Ziglar famously said, “Timid salespeople have skinny kids.” And once you’ve gone through your sales process, written a fantastic sales piece or advertisement, you MUST seal the deal with an actual “ask” and a clear call to action — stating *exactly* what your prospective customer should do right now. Without this final step, all your good efforts go to waste! Again, I don’t pretend to be a marketing “guru” … I just see what works for my successful San Francisco Bay Area clients, and I pass it on. Feel very free to forward this article to

Business Growth

A Few More Common Marketing Mistakes Made By Businesses

Seeing what has happened in our nation’s fourth-largest city has been a sobering reminder of the fragility of life, and business. It’s helpful to be reminded that threats and disasters can (and do) strike from directions that you might least expect. And while this is quite obviously not the case when it comes to natural disasters, I’ve come to realize that more often than not WE are our own worst enemy, when it comes to running our San Francisco Bay Area businesses — not external factors, not market forces. It comes down to looking in the mirror and taking responsibility for the results we’re currently experiencing. So, if things are down right now: don’t blame anyone but yourself. This doesn’t mean self-flagellation, but instead that seeing things in this light really is the first step to getting OUT of it — because you finally begin to focus on things WITHIN your control, instead of outside of it. And it’s really quite liberating. Conversely, if things are GOOD: don’t abandon what got you there in the first place and coast, as if just by showing up, the magic happens. That just isn’t the case, and I believe that you know it. Last week, I wrote about some common advertising and marketing mistakes I see … and, well, I think it touched some familiar nerves. But allow me to remind you — being challenged in your thinking is a GOOD thing. Here are a couple more I’ve seen. A Few More Common Marketing Mistakes Made By San Francisco Bay Area Businesses “How many things in your life do you do automatically, routinely, that is a waste of time but you don’t take the time to remedy them?” -Robert S. Scott Whether you create most of your sales through referrals, through direct marketing, or with a dedicated sales force — there are some quite common mistakes I’ve seen which are destined to suck the life out of your sales process. Last week, I posted the first three. If you didn’t get a chance to read it, send me a note, and we’ll get it to you. Here they were: 1. Failure To Tell Your Story 2. Right product, wrong market? 3. Right market, wrong problem? As we head out of summer, it’s the perfect time to evaluate your marketing processes … and plug the holes. So, here’s the next installment. 4. Right problem, wrong pitch or promise? Emotionally, you’re right in line with your target audience. Yet still, they don’t call your office, act on your sales pitch or otherwise respond. Not to worry, because knowing how your customers think is already half the battle. But now you need to work out the other half of the proposition — the solution they’ll respond to. The first thing you know is that it has to be somehow better, stronger, or entirely different than whatever solution everyone else is offering. How do you figure that out? It starts with studying the competition. What’s working for them? Further, what has worked for you in the past, which you haven’t since returned to? Because these pitches are already tested and proven effective. In both cases, you’re getting a feel for the solutions that hit the prospect closest to the core. Good sales processes or advertising solves problems. It offers hope. That much is proven over ages. And it works. 5. Right pitch, wrong timing? Bestselling author Malcolm Gladwell called it the “tipping point.” One of the things so many businesses fail to take into consideration is how well timed their promotional campaigns and sales presentations are with what’s currently happening in the marketplace. The bottom line is that markets move fast, and armies of prospective customers march on. What worked yesterday or even this morning may not work tomorrow. That’s why you SHOULD be plugged into what’s happening in the world, and in the marketplace. Subscribe to the magazines your customers read. Use blog-tracking services online to see what the most passionate customers for your product or service are talking about (www.BuzzSumo.comis one useful one). Set up a Google news alert related to what you’re selling (you can do so at this page:https://www.google.com/alerts). I truly hope this helps. I’m by no means a marketing guru, but I do get to see what works for my clients and pass it along. Feel very free to forward this article to a CITY business associate or client you know who could benefit from our assistance — or simply send them our way? While these particular articles usually relate to business strategy, as you know, we specialize in tax preparation and planning for CITY families and business owners. And we always make room for referrals from trusted sources like you. Warmly, Patti ONeill and Gale Bergado(408) 241-4100ONeill & Bergado

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