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Jul 30

With the economy in crisis, just sitting back and waiting for it to improve can be the death of your business. Now, more than ever, innovative sales strategies have to be implemented to drive your business forward. Some tips to get going:

Take note of how much time you spend on things. Are you spending too much time on office related tasks? Give yourself more time to work on new marketing ideas, and sales promotions. Find different ways to give your customers what they need.

Do things differently, and rise above the crowd. Do things that no one else is doing. No matter how weird, odd is what people remember. Make your business something that people will not forget. Get out of the mainstream, and get noticed.

Keep in touch with your customers. A simple phone call every once in a while, can make your customers feel special, and remind them why they are doing business with you. Send them birthday cards, and brochures. Remind them how important they are.

Be sure that when you are hiring, you employ people that are friendly and customer oriented. Nothing drives away customers faster than negative employees. By using behavior based interviewing techniques, you can ensure that you hire people that will enhance your business, not make your customers frustrated.

Make sure that you always get an Email address from every customer. You can send out important product and service announcements, and special sales and discounts. If possible, offer a drawing for a vacation or gift card.

Any product or service that you can sell online should be. Customers love the convenience of online shopping, and your sales can greatly increase by offering this service to your customers.

Make your customers feel like they are special. Go the extra mile whenever you can, and customers will be sure to remember you.

Implement pay per click advertising. This is a cost effective way to increase visitors to your site. Pay per click advertisements are popular on Google, Yahoo, and Overture.

When the economy is slow, new techniques need to be implemented to keep your business at the top of the pile. With a little creativity and exciting marketing strategies, your business can thrive in an uncertain economy.

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May 14

Keeping a business afloat in the best of times is no easy task, but when the economy is on hard times, this job requires a somewhat different approach to keep your business thriving.

  • Don’t allow yourself to be sucked in to the hype about how bad everything is, and how much worse it is bound to get. No one knows what tomorrow can bring, and even in a bad economy, this doesn’t necessarily mean that your sales will be affected. Instead of worrying, stay positive, and keep what you have envisioned for your business in the front of your mind. Stay away from people who have nothing to offer but negativity.
  • Use your time wisely- Instead of spending your every waking moment calling business all over the place at random, devise a list of companies that would be most suited to your products or services. Thinking about the customers you have now, will give you a better idea of the types of companies you should be pursuing.
  • Just like people who are desperate for work, saying that you will work for any amount is ludicrous. The same can be said for businesses when they tell themselves that they will do business with anyone. Having too many prospects can cause you to lose focus. You cannot possibly keep up with 100 clients at once, and meet their needs effectively. In order to keep the clients you do have, keep your client list short.
  • When going into sales meetings, don’t bore your clients with a history of your company. All they really want to hear is what you can do for their company now, and how you will be able to meet their needs. When talking to potential customers, the same holds true. Tell them what you can do for them, not what you have done for others in the past. Make it sound convincing, and they are sure to bite, if you are the best at giving them what they want and need.
  • Get as close to your customers as you can. Not too close though, they may confuse you with a stalker. Make sure that all of their needs are being met, and find ways in which to effectively solve problems they may have quickly. Make them feel special, and give them no reason to want to find another company. Offer them incentives to stay with your company. Make them as happy as they can be with your business.
  • Don’t think that hiding from the world and waiting for the recession to be over is an effective strategy. It never is. Make yourself seen and heard, you don’t want your customers to forget about you, even if they cannot afford your services now, that doesn’t mean they will not in the future. Network your butt off, and stay in the limelight. Make sure that everyone remembers you and your business.

Keeping your business where you want it to be in a slow economy is not a walk in the park, but with focus and determination, and a little tender loving care for your customers, you can make it through the recession a success. Thousands of other businesses do it, and so can yours.

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Apr 20

During a recession, the economy doesn’t abide by any kind of norms or rules. Consumers tend to hold on to their money tightly, and become more value oriented. The consumers markets stumble and see downturn.


Smart marketers turn this misfortune into opportunity. With a wisely devised plan, your brand can beat the recession and attract more customers. First and foremost, do not panic and DO NOT cut down on the marketing spend. Customers need more cajoling to open their wallet. Marketing budget is not a luxury; it is the one of the foundation stones of a successful business. How do you expect the customer to know that you have something that they need? A robust marketing can pull you through the recession and take your brand to newer heights.

Sell the benefits, not the brand: Marketing doesn’t bring any value to the organization unless it brings in sales. So, equip your sales team. While preparing the marketing material, concentrate on the benefits of your product/service. Recession makes people less brand conscious and more money conscious. Well designed and worded brochures and collaterals will persuade the prospective customer to see the value in the offer. You have to motivate them to buy your offer. Do not elaborate on the features. Translate the features into benefits that the customer can relate.

The business card: The business card is one of the most powerful medium of marketing your product. It doesn’t need to tell the entire story. But it should stand out to be noticed.

Grab the attention: The world is a busy place. No one has the time to read pages and pages of marketing blah blah. Make your marketing material visually attractive. Call out your core values. Make it look like the customer needs your product/service, not that they want it. Get professional help and present your best image. Getting the customer interested in your offer does half of the job. This is probably not the time to test waters. Focus on the tried and tested themes.

Face-to-face marketing: Participating in exhibitions and trade shows give you the opportunity to market directly to the customer. You can create aspirational buyers. Even if the sales don’t happen right away, you can distribute compelling flyers and brochures. With the image and usage of your product/service portrayed in the right earnest, you will be surprised to find that the customers haven’t ceased to spend when they are enticed into it.

With prudent strategies and an optimistic outlook, you will be able to sail through this recession. Focused marketing effort is your key to survival.

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