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Archive for March, 2010

Using Online Press Releases to Promote Your Small Business

By: Brian Horn on: March 31st, 2010 12 Comments

The press release has long been the staple of PR campaigns. Although it is still a powerful tool, you need to adapt it for search engine optimization (SEO) for online publicity campaigns.

There are many services that will distribute your press release online. Some free, some paid. Both work.

The best free one (in this Texas boy’s humble opinion) is PRLog.com. Just create an account and you can send press releases for free.

Depending on the package chosen and what it contains, prices of these press release delivery services will vary, but in general press distribution services will range from totally free to as high as $700.

Obviously the free ones will not give you as much exposure as the seven hundred dollar kind. Usually, the free ones will get you at most, online visibility, which will allow your company to appear at the top of the list in major search engines like Google or Yahoo.
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Create a Product or Marketing Breakthrough

By: Dan Kennedy on: March 30th, 2010 15 Comments

We are now discussing “How You Can Be Your Own Consultant.” Previously I pointed out that you should be on the lookout for the ‘unreasonable burdens’ on your business and if possible…eliminate them.

In this post I want to talk about the opportunity for either a product breakthrough or a small business marketing method breakthrough that exists in most businesses. In fact, the heart of many turnarounds is such a breakthrough.

You might look for a new way to package your product or a new type of product or service that would appeal to your existing clientele. Or you might find an entirely new way to market a product or service you already have..

Within my work, I’ve helped an industrial chemical company selling B2B create consumer versions of their products and succeed on home shopping television….skin care products sold in the home by salespeople moved into a salon environment, with the salespeople conducting their appointments there….and, with one client, a franchised chain of chiropractic offices, added a doctor supervised weight loss system for those same patients.

I champion what I call ’practical creativity’ in finding new or better ways to capitalize on your existent assets – your products or your customers.
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How To Be Your Own Consultant

By: Dan Kennedy on: March 29th, 2010 9 Comments

Now that we have completed the discussion of management of sales people, I’m sure many of you are anxious to move onto a much more pleasant topic.

This gives me the opportunity to talk about one of my favorite money-making subjects which might be called, “How To Be Your Own Consultant.”

Many times when I consult with a company my recommendations are painfully obvious, after the fact but were somehow invisible before my intervention. It’s very tough to be objective and analytical about your own business, very easy to be that way with someone else’s and that’s the basis of consulting.

However, there are certain suggestions I can make that may enable you to spot some great opportunities in your own business without the aid and expense of an outside independent consultant.

Virtually every business has unexploited, growth opportunities and unreasonable burdens. Most consultants who get involved with troubled companies find that each company has a product, a division, a type of customer or a marketing method that is actually costing more than it’s worth and should be cut.

I find this to be true in most cases.

You’ll want to carefully analyze your own business and the costs associated with each different aspect of the business very carefully.
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Why Your Sales Staff Shouldn’t Market

By: Dan Kennedy on: March 26th, 2010 7 Comments

In my last post,  we finished up talking about improving the productivity of your sales organization.

Before we move on, I want to take a few minutes and review the quick tips I gave you.

  1. Cut the truly poor performers – don’t prolong everybody’s agony.
  2. Coach top performers to do even better if you’re looking for the fastest results.
  3. Provide the best possible combination of environment, example and tools but recognize that real motivation is self-motivation. You’ll drive yourself crazy accepting full responsibility for other people’s actions.
  4. Focus on accountability. Accountability always improves performance.
  5. Help each sales person gain an understanding of how he uses his time and work with him to create some improvement in the amount of time used productively each day. Even small improvements in time use can lead to big improvements in sales.
  6. Consider a company directed program of obtaining qualified prospects to furnish to your sales people.
  7. If you do distribute pre-qualified leads demand reporting of results.

Marketing through sales people is necessary in certain businesses and desirable in many others but it does require a great commitment to supervision and coaching.

I also caution companies against abdicating too much marketing responsibility to their sales force. I do not believe that it is necessary or advisable to sacrifice direct contact between company and customer in order to market through a sales force. The customer still needs some communication from the company and some opportunity to directly contact the company if dissatisfied in any way with service or information being provided by the sales person.
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How To Make Your Sales Force Productive

By: Dan Kennedy on: March 25th, 2010 5 Comments

In my last post, I covered the topic of the job of the small business owner to manage his sales force. I introduced the notion that management’s toughest and most important job is the collection of accurate information about what’s actually going on out there on the sales battlefield.

Now I want to talk about what I consider to be the best thing management can do to increase the performance of most sales people. It is to force their analysis and accountability of time use. Most sales people waste enormous amounts of time and are notoriously poor time managers. I like to see sales people log and account for the use of their time in fifteen minute increments. The result is an honest representation of how much of their time is actually being used to produce results. Often even a small improvement in a sales person’s productive time use can result in significant sales increases.

Getting sales people to effectively prospect for new business is often a big problem. Prospecting is hard work. It often involves a lot of refusal and rejection and can be very discouraging. If you can develop a company managed lead development program to provide sales people with pre-qualified prospective customer leads that’s the very best marketing strategy you could have.

Consider space advertising, direct mail, telemarketing, exhibiting or a combination of these methods to develop qualified leads for your sales force. But caution, if you do provide leads to sales people insist on reporting of results.
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Four Fast Fixes for Local Search

By: Brian Horn on: March 24th, 2010 10 Comments

As Google beings to take “search” to next level (i.e. Google’s real time search), more and more people are beginning to niche to their cities or neighborhoods for certain searches.

Targeting local visitors is critical if you serve the local market (totally “obvi”). The cool thing is…it is WAY easier to rank when you add a local modifier to your search term (i.e. easier to rank for “houston financial planner” than “financial planner”).

Optimizing a website for a locally oriented business includes all the steps of on page and off page optimization along with a few tweaks and additions. The following steps will ensure that your website marks its presence in the local results.
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Do Sales Contests Work?

By: Dan Kennedy on: March 23rd, 2010 9 Comments

In your my last post we began our discussion on sales and the management of sales people. I pointed out that in managing sales people you’ll actually be dealing with three distinctly different situations.

The first was the poor performers and all the problems that they bring to an organization. But now I would like to shift our attention to the group that is mostly ignored by management which are the high performers.

If you’re looking for a prompt increase in sales a good way to get it is to divert some attention from the mediocre group to the high performance group. It’s much easier to coach a successful person to even better performance than to get a mediocre performer to begin succeeding.

The bottom line is that the only real motivation is self-motivation. You cannot take control of someone else’s thinking. Motivate them and keep them motivated purely through your external influence. The motivation that helps the sales professional achieve peak performance comes mostly from within.

As a manager or a business owner, you should concentrate on providing an environment and an opportunity where a person can develop that self-motivation and a set of good business tools for the motivated performers use.
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How To Get Your Sales Staff To Sell

By: Dan Kennedy on: March 22nd, 2010 6 Comments

Today, let’s turn our attention to a topic that quite possibly offend some of you, but without it…the entire world comes to a screeching halt. That topic is of course…SALES!

Sales…when speaking about sales, you must first address sales people. If you employ sales people or will in the future you’ve got sales management problems. Although I can’t even begin to provide a full analysis of the solutions to sales management problems in a single post there are several fundamental and important things we can discuss that will help you have more productive relationships with your sales people, your distributors, or your franchisees.

First, you should remember that sales people are people. There are any number of problems that they can have at various times that will negatively affect their performance and productivity. Fears and insecurities, laziness, depression, personal and family problems, financial problems, health problems, automobile problems, all these things become factors affecting your business when you market through sales people.

This is probably one of the reasons for the validity of the 80/20 principle in sales organizations. This principle of management says that 80% of the sales come from 20% of the reps and 80% of the problems come from 20% of the reps. As long as it’s not the same 20% you’re in good shape and it rarely is.
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Dig the Well Before You Thirst

By: Dan Kennedy on: March 19th, 2010 8 Comments

In my last post, we finished up our discussion about the seven strategies that can help you stimulate new business, increase business from existent customers and build repeat business.

Just to review our list, they are:

  1. A Frequent Buyer Program
  2. Discounting
  3. Premiums
  4. Packaging
  5. Prepay
  6. Payment Options
  7. Regulars Mailings To Past Or Present Customers Or Clients (My personal favorite)

These seven simple small business marketing strategies can be creatively used many different ways.

You might want to use them as sort of an idea stimulation checklist for regularly scheduled brainstorming sessions with your associates. Many businesses benefit from a regularly scheduled once-a-month brainstorming and planning session to develop new marketing strategies for the coming month.
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Two Ways To Stimulate EVEN More Business

By: Dan Kennedy on: March 18th, 2010 9 Comments

We’ll pick up with going down our list of seven small business marketing strategies that can help you stimulate new business. These strategies can also help you increase business from existent customers and build repeat business.

Let me remind you that, you may not be able to use all of them in your business but you can certainly use some of them.

In Tuesday’s post, I spoke about the first five:

  1. A Frequent Buyer Program
  2. Discounting
  3. Premiums
  4. Packaging
  5. Prepay

Let’s continue this discussion with the last two:

Six, payment options. Of course, you want to accept all major credit cards – even if your type of business typically doesn’t. Beyond that, consider offering to split a payment into 2 or 3 monthly installments automatically charged to the credit card on file, offering deferred charge possibly tied to a period of free trial, or creative options, like 50% now, 50% charged in 90 days.

The easier you make it for the customer to buy the better. And having the customer choosing between payment options rather than a single yes/no choice usually boost sales.

Seven, regular mailings to past and present customers or clients. I think the single most effective marketing strategy that any business can use to build customer loyalty, to retain customers and to stimulate more frequent purchasing by customers is the publication and distribution of direct mail.
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