The success of your business depends on your ability to build marketing momentum. Without the ability to generate new sources of leads your capacity to sell will slump and the growth of your business will stagnate or shrink. Unfortunately, many small business owners are at a loss when tasked with coming up with new ways to market while others are frustrated into stagnation by seeing consistently ineffective results from their marketing efforts. if you have had marketing success with a method that does not increase your opportunity to generate new business your success will be stunted by your limited ability to find new sources of business.
Building marketing momentum is like kicking a ball down a hill that keeps getting steeper. Each time the hill becomes a little steeper the ball will roll faster and pick up momentum. In marketing, any tactic you add to attract attention to what you do is like making the hill a little steeper. The other day I was talking to Ed who runs a successful metal shining business. I asked him how he went about generating new sales. He told me that 100% of his marketing effort is networking. I realize that he is doing well with it but if he simply placed an ad in the yellow pages that generated just one sale a year he would cover the cost of the ad and be profitable!
Deliver a Great Marketing Message
A great marketing message will have the effect of generating interest in what you do. It never ceases to amaze me the number of small business owners that fail to use a compelling marketing message. How many times has someone described to you their business or what they do with a label like, Such answers are not likely to start interesting conversations and marketing opportunities are missed. colleague or relative and you will win more referral business. Develop and use an outstanding, compelling marketing message and you will find that more people show interest in what you do. The result will be more better sales.
Make Cold Calling a Hot Source of Sales
Many small business owners hate to make cold calls. Their derision is understandable. By making cold calls they are setting themselves up for rejection. No one likes being rejected. However, rejection is part of the game when making phone calls. Once you realize that it’s not your fault when someone says no during a cold call you can move passed your barrier and add cold calling to your marketing arsenal. A percentage of the people you speak with will become clients when you make cold calls, especially if you are targeting your market well and are offering something they need.
Many companies have web sites that fail as effective marketing tools. Does your web site consistently generate leads and sales? It should. And it can. The World Wide Web is a continuously open marketplace that reaches hundreds of millions of consumers every moment of every day and allows you to easily and accurately target those who buy your products or services. A company without a web site as part of its marketing team is missing a fantastic opportunity to increase its revenue stream. Deliver a web site that functions as an effective marketing tool and you will consistently add to your marketing momentum.
Develop Your Network
Another great tool to use to build marketing momentum is networking. Networking is a highly effective means of generating referral business (which is some of the easiest business to get, once you get a referral). A person who is willing to take someone else’s advice to contact you about your product or service will transfer the trust he has in his friend or colleague making the referral to you. Making it easier for clients to trust you removes one of the barriers to making a sale. By developing a robust network you will increase your ability to find new prospects and do more business.