It's Better to Ask than Assume (The Power of Market Research.)

Written by Claire Cunningham


©It’s Better to Ask than Assume. (The Power of Market Research.)

No doubt about it. Smart marketing takes finesse. Nowhere is that truism more apt than in message definition. If you want to craft a compelling message, you need to understand your prospective buyer’s motivation.

I had a boss once whose favorite saying was "Don't assume. It makes an ass out of you and me." Drove me nuts, but you know what? It stuck. It was meaningful, memorable (although corny,) and it was repeated. (A meaningful and memorable message is more likely to stick withrepparttar audience. Repetition imbeds a message inrepparttar 120950 brain.)

The communications lesson inherent in this saying is "know your audience." If you want your promise (message) to be meaningful, you need to understand what's important to prospective buyers of your product or service.

If you've been working in a particular industry or market segment for a while, you may think you know what's important. And you may be right. But why not ask and confirm your thinking? You'll get your information "straight fromrepparttar 120951 horse's mouth," and you'll avoid relying on potentially dangerous assumptions.

MLM, Pyramid Schemes, and Matrices

Written by Anna-Marie Stewart


Have you ever wondered whatrepparttar difference is? MLM operators claim they're not operating a pyramid scheme. Matrix and "forced matrix" operators claim that what they have is better than MLM. So what arerepparttar 120949 differences?

Pyramid Schemes:

Pyramid Schemes are illegal inrepparttar 120950 USA, and probably abroad. We all know how these schemes work, or at least getrepparttar 120951 jist ofrepparttar 120952 idea. A person (the originator) starts by sending a message to several people. Usually people he/she knows. The message in some round about way, will tell everyone to send him $5 or so...and then sendrepparttar 120953 message to someone else. Allrepparttar 120954 while adding names torepparttar 120955 list, and each new recipient must send money torepparttar 120956 first person, second person...etc

There are a million variations ofrepparttar 120957 Pyramid Scheme, butrepparttar 120958 main attribute that define a pyramid scheme ( also known as chain letter) is that there is no product, it's just people sending money. The term "Pyramid Scheme" is derived fromrepparttar 120959 fact that it starts with one andrepparttar 120960 size of those involved increases as you move towardsrepparttar 120961 bottom. On paper, it looks likerepparttar 120962 shape of a triangle, or pyramid.

Multi Level Marketing:

How is MLM different from a pyramid scheme? After all, on paper any MLM looks like a pyramid in reality right? The differences are very simple. In MLM there is a product being sold. Income is generated from "commissions". It's actually a pyramid scheme, except thatrepparttar 120963 participants get something back...regardless of whetherrepparttar 120964 people they refer actually pay for something...

In MLM,repparttar 120965 participant always gains from their investment. The catch is inrepparttar 120966 value ofrepparttar 120967 product thatrepparttar 120968 participant receives. This isrepparttar 120969 reason that MLM is so big onrepparttar 120970 internet. Because, information can have a monetary value, and it costrepparttar 120971 distributor nothing. So ebooks, software, newsletters...etc... these arerepparttar 120972 most common products used in MLM. MLMers have added tangible products as well, and home products wererepparttar 120973 first to use MLM as a primary marketing strategy.

The Forced Matrix:

With so many MLM programs onrepparttar 120974 market these days, originators have tried to make their programs more desirable than others. Hencerepparttar 120975 forced matrix idea. In a regular MLM program, your monetary gains are based entirely on how good you are at marketingrepparttar 120976 program. However, most people arent' very good. So it would benefitrepparttar 120977 less talented if they had help fromrepparttar 120978 talented. Basically, ifrepparttar 120979 number of people who can join under you is limited in any way...then it's a forced matrix. The idea being, anyone else you refer extra..will go under someone else. The best implementations putrepparttar 120980 extra person under one ofrepparttar 120981 people YOU have under YOU. Hence it helpsrepparttar 120982 person under you, which helps you too.

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