Define Yourself to Find Market Share

Written by Bill Platt


Continued from page 1

In today's market, there are just over 2000 variations of Root Beer onrepparttar market. What differentiates one from another? They all haverepparttar 121254 same basic ingredients, though they offer some small differences inrepparttar 121255 ingredients. These slight differences inrepparttar 121256 recipe makes for slight differences in taste.

Inrepparttar 121257 end, it is notrepparttar 121258 differences in taste that sells more of one thanrepparttar 121259 other. The difference that defines market share is packaging and marketing.

So, make a determination of what your product or service will be, then package it and market it in such a way that people want your version as often, if not more than your competition! Market your differences, not your similarities.

Diversity isrepparttar 121260 key to success. Packaging and Marketing arerepparttar 121261 tools.

Bill Platt is owner of Bill Platt's Power Marketing Magazine. To subscribe to this monthly ezine, send a blank email to: mailto:PowerMarketing-subscribe@topica.com Power Marketing helps online businesses discover the success they have been working hard to acquire. Make sure you are Working Smart while you are Working Hard. http://PathTrax.com/x.pl/BP121,57


HOW WELL DO YOU KNOW YOUR PERFECT CUSTOMER?

Written by Bob McElwain


Continued from page 1

Is your Perfect Customer single? If so, is marriage likely? In either case, are there children? Or haverepparttar children left to build their own lives?

What career is being pursued? Is it a work-at-home bit? Caring for a home and raising kids? (While certainlyrepparttar 121253 latter is a career, I'd refrain from using "housewife;" many women don't like this label much.)

What isrepparttar 121254 household income? Isrepparttar 121255 dwelling owned or rented? What part of income is committed torepparttar 121256 dwelling? How much discretionary income is available?

What level of formal education has been achieved? Is there a continuing effort to achieve more?

Is your Perfect Customer a member of a specific culture? If so, which one? What languages are used? Do you expect any buyers from other cultures?

What does your Perfect Customer do in their free time? Watch TV? Travel? Go fishing?

Is religion a factor? If so, which one? To what degree is it significant relative to selling your product?

Actually, there is no end to questions such asrepparttar 121257 above. The answers to many of them mean more with some products than with others. Consider hot water heaters, for example. Only home owners will even be potentially interested. But many products do not depend upon specifics. We all bath, and do whatever we do with our hair, regardless of where we live or what we do each day.

What Of Hopes And Dreams?

You want to trigger a need for your product by tapping intorepparttar 121258 hopes and dreams of your Perfect Customer. The needs to address are a function of your product and who your Perfect Customer is.

To see how best to make this happen, there's no better approach than to study TV ads. A typical commercial grabs immediately at a specific hope or dream common torepparttar 121259 target. And there is only about 30 seconds to a minute to getrepparttar 121260 message across.

Sure, some commercials are better than others. So focus onrepparttar 121261 best of them. However, major bucks were spent inrepparttar 121262 production of most of them. You'll be exploringrepparttar 121263 results ofrepparttar 121264 thinking of many ofrepparttar 121265 most successful promoters inrepparttar 121266 world. It's difficult to imagine a better forum from which to learn.

Getting It Done

The more you know about your Perfect Customer,repparttar 121267 better you will be able to communicate. You'll come to know what does not need saying. And what needs to be spelled out in detail. Takerepparttar 121268 time to come to know this person as well as you know your best friend, andrepparttar 121269 effectiveness of your messages will increase accordingly.

Bob McElwain, author of "Your Path To Success" and "Secrets To A Really Successful Website." For info, see Get ANSWERS. Subscribe to "STAT News" now! mailto:join-stat@lyris.dundee.net


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