When marketing your product or service, you want to identify the people who are most likely to buy your product or service. Not all bald men buy toupees. Not all thirsty women buy Diet Coke. You want to find out what the qualities are about the individuals in your target market that make it more likely they’ll buy what you’re selling. (more…)
Most new sales and business folks think of their market – that is, the people who will buy their product or service – is anyone at all. Anyone at all, given the right price or motivation, could possibly buy whatever you’re selling. (more…)
In the course of working with many of my clients, I help them produce Expert Proof Materials – EPM for short. These could be books, DVDs, online instructional courses, or almost anything else. Regardless of the end product, there’s a system to producing them. Well, a cycle actually. (more…)
I used to have lunch at a chain sandwich shop near my office a few times a month. When they first opened, they were doing a good business. I enjoyed the place enough that I signed up for the corporate emails, which sometimes included coupons. I’d print them off and use them in the restaurant.
Granted, the town where I had my office has slid far, far downhill in the last 15 years. Three major factories closed around 1998, and a lot of the people left in town don’t make anywhere near as much money as they used to. So any business there is kind of hard.
There was (and still is) another franchised sandwich shop in town. For years, that chain had been my favorite. But they’d begun raising their prices to what I consider a ridiculous level, and I was really enjoying the new place anyway.