bharatbhasha.net


Free Articles  >>  Marketing >>  Page 122  >> 

Biggest Marketing Mistake How To Avoid It



Nearly 10,000 years ago, homo sapiens learned one thing that enabled us to flourish. Reviewing that discovery will increase your business success. We'll discuss that in a minute.

As mentioned in the prior article, networking, building credibility, and making sales are similar to the planting, nurturing, and harvesting that a farmer does. Two of the most common mistakes in planting (ie: networking) are mismatching your seed and location and planting the wrong quantity of seeds. The third planting mistake is by far the most common and most dangerous and it is the lesson learned 10,000 years ago.

We were hunters and gatherers. Every day, the men went out in search of animals to hunt and the women went out in search of berries and other fruits to pick. Some days we ate and some days we did not. If we went too many days without eating, we moved to a new location, repeated the actions, and hoped for better results. We were nomads.

At some point, we realized that could develop a more reliable source of food if we stayed in one place and created the food ourselves. We could plant seeds, nurture and harvest. We settled down and farmed. Others settled in near us and became neighbors. Lots of neighbors became communities and towns. After thousands of years wandering, we settled down and that is how civilization started.

What does this have to do with business advice? In the prior article, I made the analogy that seeds are your prospects and where you plant is equivalent to what you do (ie: your product or service). The single biggest mistake I see with struggling businesses is this: They plant seeds and move away before they benefit from the harvest. In other words, they try a marketing strategy (specific target market, niche, product, service, networking group, etc.) for a short time, do not get the anticipated results right away, and move on to a different strategy.

Answer this question honestly. Are you promoting your business today in the EXACT same way you were one year ago? I am not saying businesses should not adjust to changes in the market, especially during these wild economic times. However, people are drawn towards stability. They gravitate towards companies and individuals that have been providing the same products or services, in the same way for a while and will continue to be there in the future.

I am guilty. Those of you who have known me for a long time are aware that I have "improved" my marketing strategy and message too many times over the years. I had a lot of contacts...I had planted a lot of seeds. But few of them developed roots and became fruitful, because I moved on to the next field too soon. I did not start experiencing success until I developed one clear, consistent message and a clear consistent target market.

Settle down. Take a little time to make sure you have the exact target market and message you want (I know a good consultant who can help you with this) and stick with it long enough to enjoy the harvest. Most farmers will tell you that it is important to plant, nurture, and harvest. Let me know if you find a successful farmer whose strategy is plant and move away.

There are some professionals who plant seeds and try to harvest instantly. They believe that if they work harder selling (harvesting) that they will make more money. It does not work that way. Asking for a sale prior to developing a solid relationship is a formula for failure. Large harvests are the result of lots of planting along with the ability to nurture everything that was planted. That topic will be addressed in an upcoming article.
About Author Steve Lawson :

Steve Lawson is the Principal of Steve Lawson Consulting and the Founder of The Prospection Network. Since the early 1990s, he has been training independent professionals to grow their business while spending little to no money on marketing. http://www.ProspectionNetwork.com


Article Source: http://www.bharatbhasha.net
Article Url: http://www.bharatbhasha.net/marketing.php/190573


Article Added on Wednesday, November 25, 2009
Other Articles by Steve Lawson

•Achieve Success With Good Advice And Avoid These 3 Mistakes
As your business grows and challenges arise, you should seek the counsel of others to ensure your business thrives and prospers. You want to make sure you are making decisions that are going to maximize your prospects and profits. But how do you know the advice you receive is going to get the results you want? In addition, what keeps you from following good advice and why do you follow advice that may be questionable? Following are the three biggest mistakes professionals make when it comes to...

•Prospecting is Easier When You Adopt This Approach
What if you could make a change in your business that greatly improved your ability to attract clients? During the last 15 years of consulting professionals, there are three common marketing mistakes that I frequently see and they are all tied to one major misunderstanding that many professionals have. I’ll explain. The first big mistake is marketing using the “shotgun” approach instead of the “rifle” approach. In other words, many businesses aim for a mass of prospects and launch a mass...

•Prospects And Sales Boost Both With These Strategies
I will never be a full-time farmer, but my farming skills have improved over the past few years. More importantly, my business results improved when I started applying farming strategies to running my business. I am not suggesting you buy overalls and a pitchfork, but applying the following principals will increase your yields. The three basic parts of farming are planting the seed, nurturing the growth, and harvesting the produce. In your business, this translates to networking (planting...

•Earn More Money the Only Logical Way
There are only four ways you can earn more money. You can see more prospects, increase your closing ratio, earn more on each client, or spend less money. If there was a way to accomplish all four at once, can you imagine the impact it would have on your business? There is a way and I will show you how. For over 17 years, I have been trying to help professionals grow their business. I spent years trying to figure out how to generate more prospects for them. When I did, the strategy accidentally...

•Attract Prospects Instead of Chasing Them
Before I reveal the secret of effective marketing, I want to explain a fascinating exercise I often utilize. You have probably seen it performed before. I pick a volunteer out of the audience and stand face-to-face with one hand up as if we are about to take an oath. I then move my hand forward until our palms make contact. Then I gently start pushing. Without saying a word, the same thing ALWAYS happens. The other person pushes back. Although this is an amusing activity, it is very...

•Achieve Success With This Strategy
Someone once posed a fascinating question to me. He said: Picture yourself in the middle of the ocean in a small boat. You have four days worth of food, and you know an inhabited island is four days due north, but it is too overcast to navigate by the sun, moon or stars. Would you choose a motor or a compass? Most professionals I know run their business with a motor...they are constantly on the go and working incredibly hard. Unfortunately, they are not getting the results they want. Are you...

•Increase Income by Improving These Skills
Every business owner or salesperson I have met wants to increase income. Learn the following skills so you can run a more effective business. As Steven Covey says in 7 Habits of Highly Effective People, you should continuously Sharpen Your Saw. In other words, always be learning. Increase your knowledge in any of the following topics should make your business more successful. The first category is technology. Within technology, there are two areas that have a big impact on your business. One...

•Earn More Money With Higher Quality Prospects
Are you attracting Wal-Mart prospects, Macy's prospects, or Nordstrom prospects? Let me explain what I mean. Wal-Mart sells white, button-up dress shirts. So does Macy's. So does Nordstrom. Why would you pay $79 for the Nordstrom shirt when you could get the Macy's shirt for $34 or the Wal-Mart shirt for $17? If everyone shopped based on price, Nordstrom and Macy's would not exist. Understanding who will pay more for quality will help you attract prospects who are not price-shoppers. The most...

•Attract Referrals With These Four Pillars
Many professionals are not mentally prepared to receive referrals. As strange as that may sound, it is true. Years ago, I learned the actions that successful professionals perform in order to generate a lot of referrals. I also learned that these professionals had a different understanding of referrals and a different mindset than the professionals who were not receiving as many referrals. You will generate significantly more referrals if you understand, believe, and practice these Four...

•Get More Referrals When You Eliminate the Roadblocks
Do you have a busy highway of referrals driving to your door? If not, you may be like most professionals who have Referral Roadblocks. Like regular roadblocks, they are annoying. Some of them make it more challenging for you to get referrals and others can completely prevent you from getting any referrals. Worst of all, you probably didn’t even know that YOU were the one preventing the referrals. To open up your referral highway, you need to know about these roadblocks and how to avoid...

Click here to see More Articles by Steve Lawson
Publishers / Webmasters
Tell A Friend
Leave A Comment!
Download this article in PDF
Report Article!
Search through all the articles:


168 Users Online !
Related Articles:
Latest Articles:
 
marketing >> Top 50 Articles on marketing
Category - >
• Advertising • Advice • Affiliate Programs • Automobiles
• Be Your Own Mentor • Careers • Communication • Consumers
• CopyWriting • Crime • Domain Names • DoT com Entrepreneur Corner
• Ebooks • Ecommerce • Education • Email
• Entertainment • Environment • Family • Finance And Business
• Food & Drink • Gardening • Health & Fitness • Hobbies
• Home Business • Home Improvement • Humour • House Holds
• Internet And Computers • Kiddos and Teens • Legal Matters • Mail Order
• Management • Marketing • Marriage • MetaPhysical
• Motivational • MultiMedia • Multi Level Marketing • NewsLetters
• Pets • Psychology • Religion • Parenting
• Politics • Sales • Science • Search Engine Optimization
• Site Promotion • Sports • Technology • Travel
• Web Development • Web Hosting • WeightLoss • Women's Corner
• Writing • Miscellaneous Articles • Real Estate • Arts And Crafts
• Aging


Disclaimer: The information presented and opinions expressed in the articles are those of the authors
and do not necessarily represent the views of bharatbhasha.net and/or its owners.


Copyright © AwareINDIA. All rights reserved || Privacy Policy || Terms Of Use || Author Guidelines || Free Articles
FAQs Link To Us || Submit An Article || Free Downloads|| Contact Us || Site Map  || Advertise with Us ||
Click here for Special webhosting packages for visitors of this website only!
Vastu Shastra

Linux Hosting Provided By AwareIndia