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Targeting
Your Customers
by Patricia Fripp, CSP, CPAE
From my conversation with marketing/PR expert Gary Purece.
Successful marketing means that you identify prospective clients
and position yourself in the market so they choose you over your
competition. When I sit down with clients who want to position
their marketing, I seek the answers to four basic questions:
1. WHO IS YOUR POTENTIAL CLIENT? Who wants to buy or
could be stimulated to want to buy? Who is in a position to buy
what you sell? What geographical and financial factors affect this ability?
A good way to identify future clients is to listen -- really listen -- to
those you have now. Their comments, especially negative ones, will
help you tailor both your product and your approach to other prospects.
2. WHY WILL THEY WANT TO BUY? What emotional and physical
factors will influence them? I just worked with an east coast psychiatrist
who ran a practice with ten other psychiatrists and wanted to position
herself. Our conversations quickly disclosed that her community was
predominantly upwardly mobile professionals. Many of the women had
delayed having children. Due to fertility drugs, a high percentage of families
had twins, triplets, or more. We decided to focus her practice on these
families, the first practice in the area to do that.
How did we do this? First, we realized her potential audience was
geographical, that is, in her community rather than regional, national
or international. These prospects had distinctive demographics. By
appealing to a unique aspect, we hit on her core group. She's now
hugely successful in her practice.
3. WHAT ANGLE SHOULD YOU TAKE? How is your product
or service unique? Why is it perfect for your target audience? How is
it different from everyone else's? How will it fulfill your core group's
needs in a way that no one else can?
This is positioning yourself in the market. (Remember how Avis
advertised, "We try harder.") As an example, when other advertising
consultants do presentations, they talk about budgets, print versus TV,
soft versus hard sell. I position myself by emphasizing that you start
by targeting your audience, positioning your product, and creating
distinctive selling propositions. Lots of mom-and-pop businesses,
confronted by super stores, can't compete or even survive unless
they find a unique niche to fill.
4. HOW ARE YOU GOING TO SELL IT? We all know people
with great ideas, products, and inventions. They spend a fortune
developing this product, but it sits there because they have no
idea what to do with it. Is there a system in place to put your
product in the customers' hands and return their money to you?
Or do you need to create one?
Market to your core group, and position yourself among the
competition. That's million-dollar marketing!
(479 words)
Patricia
Fripp, CSP, CPAE is a San Francisco-based executive speech
coach, sales trainer, and award-winning professional speaker
on Change, Customer Service, Promoting Business, and Communication
Skills. She is the author of Get What You Want!, Make
It, So You Don't Have to Fake It!, and Past-President
of the National Speakers Association. She can be reached
at: PFripp@Fripp.com, 1-800 634-3035, http://www.fripp.com
We
offer this article on a nonexclusive basis. You may reprint
or repost this material as long as Patricia Fripp's name
and contact information is included. PFripp@Fripp.com, 1-800
634-3035, http://www.fripp.com
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© 1995 - 2009 Patricia
Fripp, CSP, CPAE - A Speaker For All Reasons - All Rights Reserved. |
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