Marketing Your Small Business Through Generating Referral and Repeat Business
Posted by Rebecca Blackwell on Jan 29, 2009
Making Your Small Business Marketing Dollars Go Further by Generating Word-of-Mouth, Referral and Repeat Business
Relationship building is possibly the most effective way to market a small business these days. This is part one in a two part series that will give you a ton of ideas about how to market your small business through generating word-of-mouth, referral and repeat business:
Combat the clutter that your clients and customers filter out every day. We are so bombarded by marketing messages. Not one of us doesn’t experience information overload – nearly every day. There isn’t a lack of information out there about anything. In fact, the opposite is true today. If your business isn’t growing like you want it to, it’s not because there exists a lack of information about your product or service. It’s because of a lack of meaning.
Information by itself has become meaningless without context. The context you must create as the person responsible for marketing your small business: a relationship between you and your prospects and customers that communicates trust and delivers value. Without that context you are just noise. And your prospects have their guard up and are tuning you out.
Your job is to gain their trust so that you can help them cut through all the noise and make a decision. It’s not enough to get their attention with empty gimmicks and buzz creating marketing and advertizing. There has to be a meaningful, relevant and emotion-provoking context that carries the message you put out if you want it to resonate with people.
Your prospects have been conditioned to tune you out and mistrust you. Example: I know a roofer who, upon completion of a project, found he had many shingles left over. He looked around the neighborhood and noticed that many of the other houses were missing shingles of the same kind and color. Not having another job to get to that day, and wanting to get rid of the extra shingles, he decided to offer to replace the missing shingles on the other neighbor’s roofs for a ridiculously low fee. Door after door was slammed in his face. In the entire neighborhood, he finally found only one homeowner to take him up on his offer.
Now, let me remind you that all the other neighbors had a need that he could fill. He was standing in the midst of his target market, for sure. What’s more, he could deliver instant gratification at an incredible price. He was completely baffled as to why most of the homeowners treated him, as he put it, “like a snake oil salesman”. Have you ever experienced something similar? Haven’t we all been given the small business marketing advice to locate your target market and present them with what they need at a price they can afford? So - what happened here?
Think about this: What if the homeowners in this particualr neighborhood already knew him? Or, what if the homeowner whose roof he had just repaired called the other neighbors and told them about this great roofer that just finished re-roofing their house and had some shingles left over and agreed to patch a few other roofs in the neighborhood for an amazing price? If he had been recommended in this way, do you think he would have received a warmer welcome? Certainly.
We have been conditioned to mistrust those we don’t already know or who haven’t been recommended. It’s often not enough today to locate your target market and present them with what they need at a price they can afford. In most cases, they also have to know you.
Technology has made it so that businesses all over the world can capture your customers simply by offering them a better price or a better deal. Unless you live in a very small, rural town, there is no such thing as the neighborhood insurance salesman, or shopkeeper, or salon, or bank. Your “neighbors” are willing to drive 20 miles, or order it online. The best small business marketing solution you can employ is to build a sense of trust, loyalty and familiarity with your customers. Figure out how to position yourself as the ONLY choice in your customer’s mind for what you offer.
A great example of this is a handyman in Arizona who uses the tag line, “We’ll leave your house cleaner than when we came.” And they do – they not only clean up their own mess, but the leave the house noticeably cleaner than when they arrived. This has created intense customer loyalty while also giving their customers something to talk about. Which brings us to a very important point: your customer’s have relationships with those who will trust their recommendations. These referrals are extremely valuable. If you can generate enough of them, and give new customers or clients reasons to refer you to their network, your business can grow virtually on it’s own.
Clear, Compelling Marketing
Posted by Rebecca Blackwell on Jan 22, 2009
At Your Marketing Lab, we offer a free email course that’s all about how to create a consistent core message that resonates with your ideal customer or client. Why is this important? We are so over-marketed to these days (you might have noticed), that only the clearest, most compelling messages make it through - and even more importantly - move us to action. Below are a few of the main points covered in that course, summarized
1. Marketing is really about a continuous conversation you are having with your customers, prospects, vendors, and partners. In fact, every point of contact your business has with the outside world is marketing some message. Further, these conversations are either helping your business succeed or fail. Great marketing involves incorporating a core message into every one of these conversions.
2. When creating this very important core message, you must understand very well who you are communicating to. Further, you must understand who your unique ideal client is and cater your message directly to them. Create a system of continuous market research that involves surveys, paying attention to what they read, what they watch, what they love and what they are frustrated by and not interested in. Read their web sites, read what they are reading, subscribe to their newsletters, and join their associations. Talk with them - and even more important - listen.
3. In order for your core message to be meaningful to your ideal clients, there must be a strong point of differentiation within it. One of the best ways to differentiate yourself is to find something your competitors are not doing that your customers would find valuable. Or, find something your competitors are doing that your customers find annoying. Differentiate with that, but never with price. Remember - you can match your competition in every way, as long as you differentiate on one thing that matters to your ideal client.
4. Communicate your core message from a “benefits” rather than “features” perspective. None of us purchase anything because of the features of that product or service. We purchase because of what the features of that product or service does for us. More importantly - we purchase because of what we perceive the features of that product or service will do for us. Perception, as always, is king. Even more important: How we think about a product or service not only drives our purchasing decisions, it also shapes our expectations about that product or service and influences how committed we are to enjoying the product or service and getting value from it.
5. Some questions to help you on your quest of discovering the real benefits your ideal customers are looking for: What are your ideal customers really looking for? What do they really want? What do they really need? What are they already looking for? What do your products or services do that can deliver on those desires? Those are the benefits. Those are the hot buttons of your core message and they will have little to do with the actual features of your product or service. As long as your product or service delivers on what they really want, the actual product or service is incidental. So here’s the big take-away: Don’t craft your marketing message around what’s incidental. Craft it around what is desired.
You can sign up for the entire free email course, which elaborates further on these points and several other key components, by clicking here. It’s great information and free of charge.
But, I also want to ask you another question: Once you’ve developed a truly compelling core message, what are you going to do to ensure that your ideal customers hear it? While taking the time to craft the right message will put you heads and tails above your competition all by itself, if you can’t deliver it to your target audience in a strategic, consistent way, it does you no good.
That’s why, in Denver this Saturday, January 24th, we are bringing you a complete Marketing Strategy Blueprint Workshop. And we are bringing it to you for under $200. (If you’re not in Denver, we apologize. Stay tuned - we may be coming to your city soon and may also attempt an online version of this workshop. If either of these options are appealing to you, it would help us out a great deal if you let us know.)
If you are in Denver, this is a workshop you can’t afford to miss.
In this new economy, having a good marketing strategy is not just important - it’s essential. This Saturday, we’ll help you map out a Strategic plan - a Blueprint - for the rest of the year. Click on the link below to read more and to register. http://www.yourmarketinglab.com/index.php?option=com_content&task=view&id=254
A few other important things you should know:
1. This workshop is backed by our 10x your money back gaurantee
2. This is the last time this workshop will be offered in Denver until June.
3. This is the last time it will be offered in Denver for $197. (Register with a friend, and pay only $147 each!) Also - seating is extremely limited, so don’t delay. Reserve your space now.
