Industry Pro Interview: Expanding Your Market Reach For More Sales

Written by Karon Thackston


© Karon Thackston 2002 http://www.ktamarketing.com

Have you ever wondered how to get out of a “sales slump”? I think all of us have! One ofrepparttar most common things we, as small business owners, allow ourselves to suffer through is “narrow mindedness”. We have thoughts about what our product/service is, what it does and who it serves.

When we get stuck in this mindset, we lose out on tremendous amounts of income from other markets we might not have even thought about. Bob Serling is about to shed a giant, bright, white light on this matter. Pay close attention… you will learn a LOT.

Bob isrepparttar 106571 editor of Product Development Hotline, an online newsletter that helps people create lucrative new products and services, position their products for maximum sales, and sell or license their product ideas for millions. He has helped dozens of companies create new products that fulfill their customers precise needs and position their products for greater profits.

KARON: As I've been shopping, I've overheard store managers remark, "we need to moverepparttar 106572 displays around so sales will pick up again on those items". It's true that repositioning (whether physically in a brick and mortar store or finding a new niche online) does increase attention. Tell merepparttar 106573 reason behind this. BOB: There are two reasons. First, all promotional approaches have a natural life cycle. Response to them degrades over a period of time. So it's important to periodically test new positioning to see if it outperforms your current positioning. If it does, then by all means replace your current positioning.

Second, market conditions can dramatically affectrepparttar 106574 success of your positioning. For example, usingrepparttar 106575 retail store example, in a tough economy, lobster and champagne may become more difficult to sell. But small quantities of expensive high-quality chocolate still give people a way to pamper themselves without feeling like they're breakingrepparttar 106576 bank. A position of "You can still treat yourself like a king on a pauper's budget" could be used to sellrepparttar 106577 chocolate. KARON: Would repositioning work for ANY industry? How about service-based offerings (legal firms, consulting, etc.), e-books or ad agencies? BOB: Effective positioning is a matter of finding out what matters most to your customers or clients, then "grafting" your product or service to that message. So, yes, any product or service can be repositioned.

Thousands Enter Internet Wilderness Daily

Written by Ante Miljak


Ever wondered what it feels like to walk alone throughrepparttar African bush inrepparttar 106570 midday sun? If you rememberrepparttar 106571 first time you surfedrepparttar 106572 Internet, you will have a good idea.

Not long after you begin you are totally disoriented, takerepparttar 106573 wrong turns and are not sure where to go, or how to get back. The oppressive heat drenches your body with sweat and, attracted byrepparttar 106574 moisture, flies buzz around your head driving you nuts as dorepparttar 106575 pop-ups that fly up your screen.

A rustle inrepparttar 106576 undergrowth accentuates your awareness of a lurking danger, not unlikerepparttar 106577 fear of being ripped off by some shady character hiding inrepparttar 106578 anonymity ofrepparttar 106579 Internet.

The eternal fear ofrepparttar 106580 unknown blurs your sanity, impairing your decision-making ability. Uncertain whether your next step should be forward or back you suddenly realize that you desperately need guidance. You look up and pray for direction, hoping thatrepparttar 106581 line torepparttar 106582 Man upstairs is still open, despite your irregular communication.

The tens of thousands of people joiningrepparttar 106583 Internet every day, and millions that are already there, experiencerepparttar 106584 same sense of helplessness and desperation. Many of them are aware of, or have been stung by, one ofrepparttar 106585 numerous Internet scams. Most have been disillusioned by hyped money-making schemes.

A profound sense of cynicism concerning Internet business becomes evident as one reads newsletters and community boards. The only way to overcome this obstacle is to build credibility. This takes time and effort, but it isrepparttar 106586 key to long-term success in Internet business.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use