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  • Digg it UP - A Marketing Shortcut - Or Putting The Cart Before The Horse

    Inventing Something-Get a Patent
    If you have invented something, the chances are that you don’t have the resources to mass-produce the product yourself. You will need to send the plans and designs off to someone else to make in their factory. When you do this, how can you protect your idea against the people that might see it? The answer is patent registration. This tactic will give you the exclusive right to p
    better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a n

    Turning the Tables - Interviewing The Interviewer
    When is a question, also an answer? When what you ask, tells an interviewer something about your mindset, motives, understanding of the job, or what you are bringing into the company in the way of assets.At the end of an interview, it’s customary for the recruiter to give you the chance to put forward any questions. Asking the right questions, gives the impression of conf
    Marketing is magic. Now, the magic in marketing is to get it all done before you even have a product. That was the advice I got when I first started out in business.

    The person who told it to me was an old friend of my family. He was a magician by profession and he was also a multimillionaire marketer. He created more than a dozen businesses, built them up into money-makers and sold them.

    Along with all his magic tricks, he had one shortcut up his sleeve that, he maintained, helped him more than anything. Using this shortcut, he was able to launch his product faster than anyone else.

    Here is the shortcut: Write your sales letter before you find your product.

    To me, this sounded like putting the cart before the horse. But he assured me that it made life much simpler. Once he showed me how well it worked, I never looked back. It saves me a lot of time and wasted effort.

    Here are the 3 steps the magician used:

    1) Decide who is going to buy your product. This helps you determine the area in which to specialize. For instance, owners of small businesses, cosmetic surgeons and golfers are three highly motivated groups. My magician friend marketed to two of them. He found them excellent customers who bought from him again and again.

    In another one of my friend’s businesses, he decided to market to parents of young children. He said they were open minded and often gave him new product ideas. His advice to me was to get to know some of your prospective buyers and spend time with them. Often, they will tell you what your next product is.

    2) Once you choose your buyers, make a list of their wishes. In working with parents of young children, my friend said that some of their wishes included more free time, ways to save money and personalized products. My friend created a product that answered two of those wishes and he was able to make m0ney for himself as well.

    3) Determine the value of your product. It should be of higher value than the price the customer pays for it. Compare your product to similar items on the market and show how yours is a better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a na

    Inventory Control: Can You Afford Not To?
    Inventory control is the most basic form of protection that you should have in your retail establishment. If you have people come into your location, then you need to make sure they are not leaving with anything that they should not be. But, many business owners do not know the right way to handle inventory control. There are various methods that you can use and they all work
    s shortcut, he was able to launch his product faster than anyone else.

    Here is the shortcut: Write your sales letter before you find your product.

    To me, this sounded like putting the cart before the horse. But he assured me that it made life much simpler. Once he showed me how well it worked, I never looked back. It saves me a lot of time and wasted effort.

    Here are the 3 steps the magician used:

    1) Decide who is going to buy your product. This helps you determine the area in which to specialize. For instance, owners of small businesses, cosmetic surgeons and golfers are three highly motivated groups. My magician friend marketed to two of them. He found them excellent customers who bought from him again and again.

    In another one of my friend’s businesses, he decided to market to parents of young children. He said they were open minded and often gave him new product ideas. His advice to me was to get to know some of your prospective buyers and spend time with them. Often, they will tell you what your next product is.

    2) Once you choose your buyers, make a list of their wishes. In working with parents of young children, my friend said that some of their wishes included more free time, ways to save money and personalized products. My friend created a product that answered two of those wishes and he was able to make m0ney for himself as well.

    3) Determine the value of your product. It should be of higher value than the price the customer pays for it. Compare your product to similar items on the market and show how yours is a better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a n

    Projects Cost More As Interest Rate Rises
    The last time Inflation was above 4% interest rates were 11%, Terry Waite had just been released and it was the 17th of November 1991. In business terms many lifetimes ago. Whether the Bank of England will raise interest rates to 11% to achieve Gordon Brown’s mandate I will leave to the Money markets to speculate. It is unlikely that interest rates and hence the cost of capital
    stance, owners of small businesses, cosmetic surgeons and golfers are three highly motivated groups. My magician friend marketed to two of them. He found them excellent customers who bought from him again and again.

    In another one of my friend’s businesses, he decided to market to parents of young children. He said they were open minded and often gave him new product ideas. His advice to me was to get to know some of your prospective buyers and spend time with them. Often, they will tell you what your next product is.

    2) Once you choose your buyers, make a list of their wishes. In working with parents of young children, my friend said that some of their wishes included more free time, ways to save money and personalized products. My friend created a product that answered two of those wishes and he was able to make m0ney for himself as well.

    3) Determine the value of your product. It should be of higher value than the price the customer pays for it. Compare your product to similar items on the market and show how yours is a better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a n

    Setting Up Your Home Office- Things to Consider
    With the number of telecommuters increasing every year and the amount of workers who bring work home with them at night or on weekends, it's no surprise that more and more folks are setting up an office at home.For some, putting together a home office is as simple as purchasing a laptop and having a free outlet. They can work anywhere. For others, it isn't quite that ea
    >

    2) Once you choose your buyers, make a list of their wishes. In working with parents of young children, my friend said that some of their wishes included more free time, ways to save money and personalized products. My friend created a product that answered two of those wishes and he was able to make m0ney for himself as well.

    3) Determine the value of your product. It should be of higher value than the price the customer pays for it. Compare your product to similar items on the market and show how yours is a better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a n

    Feeding the Small Business Ecosystem
    Forgive what may seem like a bit of a theoretical argument today. Sometimes you have to step back and get a sense of the biggest picture in order to understand how all the simple, practical parts relate.Small business is often held together with sweat, creativity and a heavy use of duct tape. (In case you ever wondered where I came up with the term Duct Tape Marketing.) T
    better buy. Consider adding on another product to increase value.

    Value is almost always more important than price. Price comes into play only when it looks like the value of your product and those of your competitors looks the same. A buyer will then opt for the cheapest one.

    Good customer service, by the way, carries a very high value in the customer’s mind.

    Armed with information from the above three steps, my friend wrote a sales letter about an imaginary product he did not yet have. He even gave it a name. He wrote classified ads, articles, press releases and direct mail pieces. He then searched out a product or created one that fit his demands. He usually found more than one product.

    You can do the same thing. By the time you find a product, you will be ready to launch it almost immediately. And, your marketing will be ready and waiting.

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