Browsing: Marketing

A company, product/service that simply describes a category or proclaiming anything generic is not a brand. Brands are specific, tangible, meaningful, unique and useful. Here is a simple test for you to know if a product/service is a brand or not. Simply write this question down and try to answer it for the brand;

Business Promotion Strategies: Many entrepreneurs fall prey to the best mouse trap illusion; your product/service can be the best ever, but it won’t sell itself until you find a way to get the word out. The aspect of marketing that deals with getting the word out is called promotion. Without this critical element of promotion in your marketing strategy, it doesn’t matter how extraordinary your product/service may be, if the market doesn’t know about it, it will definitely fail.

The 3Ms Of Highly Effective Marketing. Why do some marketing work and others don’t?

What constitutes an effective marketing strategy? How can you get the most from your marketing efforts? Marketing is the lifeblood of any business. If you get your marketing right, you’d greatly improve your odds of success!

In marketing, because the objective is building a relationship, the pressure to sell is removed and certain things are exchanged for free. These things are what make relationship building with prospects possible. Unlike selling where money is collected before any relationship is initiated, in marketing, giving something for free is what facilitates relationship building.

The first step out what could be responsible for the low sales. There are two categories of people you should towards diagnosing the problem of low sales is to ask questions. You have to speak to the appropriate people to find direct your questions to; your employees [internal survey] and your customers [external survey].

Somehow, entrepreneurs don’t seem to have any problem dealing with high sales periods; after all, we don’t ever get tired of having more. But when it comes to the low sales periods, all hell seem to break lose. This unusual article is about knowing what to do when business is dull or slow. It will help you make the most of the low sales periods every business usually encounters every once in a while. It is very important to know that some low sales periods are self inflicted and others are not. I have decided to write this because one of the businesses I run is currently in this phase and I am becoming a better entrepreneur as a result.

Branding is the difference between a business and a company. The irony is that a lot of so called entrepreneurs don’t know such a difference exists. For many, a business and a company may as well be the same thing. But are they really the same? This article is about pointing out the winning difference.

A niche is a specialized market in which a business operates in. For example, every automobile company produces cars; therefore we have the automobile industry. In that same industry, we have certain niches, such as; the luxurious car niche, the high speed niche, the safety niche and the affordable niche. These niches represent different smaller percentages of the automobile industry. They are different from the general automobile industry, because their market is highly specialized.