Friday, June 10, 2011

Marketing Tips: Know what your prospects want

Do you have a good understanding about what it is that your target market wants? If not, then it's probably the reason why you're having difficulty with increasing your sales and profits. The fact of the matter is that, if you don't do your homework when it comes down to figuring out the wants and needs of your customers, you will have a hard time in business.

In order to promote an effective product to your market, you have to first figure out what it is that they want. You see most business owners get the product 1st, and then try to figure out what audience to sell it to. Well this is just the wrong way to go about promoting your product.

Instead, what you want to do is very simple. Start by figuring out what it is that your prospects' wants or needs, and THEN find a product that will help them to achieve their goals. This is an easy way to shift your thinking of marketing, and to make you more profitable.

If you can develop a strong understanding of the marketplace, it will be easier for you to promote your products. For example, if you're a marketing consultant, and you discover that your clients want to get more new customers faster so that they can spend more time on the golf course... you could create a product that serves just this purpose.

You would want to start the headline of your ad someway like this: "New Recruiting Tool Automates Marketing So You Can Spend More Time Playing Golf!"

I'm willing to bet that this headline will get the attention of alot of business owners. All business owners want to get customers, but would love to spend less time doing it. So if a product comes along and shows you how to get more new customers without working so hard to do so, I'm confident that it will catch the eyes of most business owners.

Make sure you know what your prospects' want before you spend a dime on marketing. You'll be more profitable this way.

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