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"Let me think about it and get back to you"
Is that the answer you get when you
present to new business leads?
Do your prospects take a long time
to become customers?
Does your business deal in high-value
goods or professional services, or depend on personal relationships
with customers or clients?
Find out about the Multi-stage Decision-making
Process and how you can make it work for you (instead of against
you).
Click
here to ask for the free White Paper series What's Wrong With
My Marketing?
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Forget "humble"
— your business needs to communicate
It's the Kiwi way. We don't brag. We're
humble and self-effacing to the point of anonymity.
We're taught from a young age that "showing
off" is an undesirable character trait.
Perhaps that's why the tall-poppy syndrome is
alive and thriving throughout our society.
Some people in business translate this into a self-effacing
approach to marketing.
Any business which does this risks being eclipsed by
less "humble" competitors who don't necessarily offer
better products or services.
The reason is simple. If a business does little to
spread to potential customers the reputation it already enjoys among
existing customers, its growth will be slower than those who do.
There's a message in this for owners and managers operating
in a competitive business environment: Forget humble your
business needs to communicate.
Invest in your reputation
Whether you're selling products
or services, your business needs to get its message across. Performance
on its own is not enough. Your business also needs to achieve recognition.
This means investing in one of the
last things we can still count on, a good business reputation. You
may scoff at this old-fashioned concept, but a good reputation has
a lot of things going for it:
A good reputation attracts customers
and pre-sells prospects, saving cold calls and endorsing quality
and ability in advance.
A good brand reputation has substantial value. Big corporations
spend millions on it.
Businesses which have built sound reputations do better in tough
times than their competitors.
But if you're looking for a
quick-fix, stop reading now. This approach works, but it requires
a big-picture approach and a commitment to establishing a "reputation
bank".
In making deposits, you should be
guided by a strategic plan. This needs to be focused on your particular
situation, based on the following principles:
Visibility
A good reputation is only as effective
as the number of people who know about you.
Targeting
Visibility is ineffective if it reaches the wrong people.
You need to first determine the most relevant and profitable audiences
to receive your message.
Research
If you want to change what potential customers think
about your business, you need to find out what they already think.
And why.
Credibility
Next, you need to look for ways to build your business'
credibility and ultimately, its reputation. Today's consumers
are suspicious. They want to know they are getting their money's
worth.
Benefits
You need to make a case for your products or services
and show prospective clients and customers "what's in it for me".
These elements are common sense
and good business practise, but that doesn't mean that every business
has the expertise or experience to make them work.
That's where Shattock Communications
can help an external viewpoint and realistic approach to
help with strategy development; specialist skills to create marketing
material, research vital perpceptions, or communicate with important
audiences.
Let's discuss how we can work
together. Please click here
to arrange a discussion of your requirements.
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