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But being a successful entrepreneur requires that you look at the big picture and follow a plan through from beginning to end. Here are some practical guidelines that can help you when beginning your own enterprise:
Consider starting your business part-time,
especially if it’s online, while you’re working and have a steady income. It
usually takes six months to a year to get a business going and you don’t want
your ability to make your house payment to hinge upon your company being an
overnight success. Start with what you can manage, financially and time-wise,
and scale up as your business grows.
The days of general stores are over.
Particularly online, consumers are looking for stores that specialize. You have
to find a need—something a specific group of people want, but can’t get at the
big chain stores—and fill it. You can’t compete with the big guys, so you have
to find where the big guys aren’t and go into your niches.
Even if you’re not planning to start an online
retail business, consider that the internet can still play a valuable role in
your company. Having an online presence eliminates the limitations of physical
location and broadens your customer base by, literally, millions. It’s also a
great tool for promoting yourself and letting people, even in your own area,
know that you’re there, and what you’re doing.
Successful entrepreneurship requires
creativity, energy, and a drive to keep going when you fail. Few people realize
that before Bill Gates created the extremely successful Microsoft 3.0, he
created a Microsoft 1.0 and 2.0, both of which flopped—but he kept at it. And
that determination and refusal to give up is what will separate successful
entrepreneurs from unsuccessful ones. Arm yourself with optimism to get beyond
the ‘No’ or the trouble. There’s nothing wrong with failure—just don’t repeat
the same mistake!
Every copywriter's nightmare. We write a beautiful copy for a client, who takes one look and says, "You can't be serious! This is too sales-y...or too simple...or too different..."
In response, I tell my own clients, “You may not like this copy. But you’re not the target market, even if you think you resemble your clients.”
Here are 3 reasons why.
If you hang around the Internet, you develop a unique lifestyle. For instance, some of my best friends are people I’ve never met. We exchange emails and phone calls for years. My favorite web designer is an American living in Brazil.
And you hear the same promises over and over. “Bring traffic to your website.” “Attract all the clients you can handle.”
But if you’re targeting ordinary people (i.e., those who have actually met their best friends in person), many of our ho-hum phrases will seem fresh and exciting.
“Hype-free marketing? I like that,” purred an earth-dwelling prospect recently. “That’s a whole new way of looking at marketing.”
Your world may not be the Internet. Maybe you
live fitness, coaching, cooking, or finance. But chances are your familiar
phrases will seem fresh and exciting to your target market.
They know you’re not putting up websites and creating brochures so you’ll feel good and collect gold stars for your Permanent Records.
And if they want your service, they’re looking
for reasons to say “yes.” Think of all those Madison Avenue ads with the theme,
“You deserve it.” Or, “You’re worth it.” They’re giving us permission to spend
our money.
Are you looking for a copywriter? He is here.
We enjoy new purchases. Sure, we can convince ourselves that we really needed a new one, but if we're totally honest we'll have to admit that we could've got by without it. What does this mean to your advertising campaign?
Capitalize on the ways a customer will improve
his lifestyle by making the purchase.
Will he increase his own business profits by 50 percent? Say so in the opening statement of your sales
letter, or at the top of your Web page.
Don't obsess with the features of the product
itself or your credibility. Frankly,
customers could care less. Let's face
it... they're a bit selfish when it comes to dishing out their hard earned
money. All they want to know is what's
in it for them.
"Wake up tomorrow, with no boss! You can spend the day with your family or on
the golf course... there's nobody to tell you what to do."
A Multi Level Marketer may want his audience
to feel the freedom of having no one to answer to if they become successful in
the business. He'll dramatize that
desire, and put the listener in the seat to inspire it to take hold until the
listener is ready to sign up and get started.
Hey, let's face it... the longer a customer
lolly gags, the greater the chances he'll never take the plunge. Don't let him off the hook that easily!
Set a deadline. Put on the pressure to buy now, or miss out
on the deal. Chances are pretty good
that the procrastinator will get with it just to save a few bucks.
What about your sales materials? Have you taken a good look at the things you
are advertising? Make sure you are
focused on the benefits the consumer will experience from the purchase, and not
on the features of the product or service.
Getting to know your date, or getting to know
your customer takes a little time and effort.
The personality, likes and dislikes of each date are different, but
customers share some commonalities that you, the marketer, can grab onto. Give them what they want, and they'll become
the loyal, life-time customers that make your business prosper.
People like to think that all of their buying
decisions were reached due to their own great ideas and skillful shopping. Hey, no one is fond of a pushy salesman. A salesman who "HELPS" them
discover the best buy for their buck on the other hand, is a hero.
Really, when a person walks into your place of
business, they are most likely thinking of making a purchase before they get
there. You don't have to persuade them
to buy. You can take it easy, and simply
help them decide what the best purchase is.
Keep your focus on the customer and his
needs. Think... what benefits would he
be most interested in? What is the price
range he can afford? Basically, keep in
mind that you are there to serve his needs, not persuade him. Ah, the pressure's off!
Buying is a "risky" business. The higher the price tag reads, the higher
the risks are! Yep, a customer is just
looking for a product that satisfies the needs he purchased it for. The question they ask themselves is...
"Is it worth it?"
Hey, it's a legitimate question. The world is full of scams where you spend
your hard earned cash and end up with trash that doesn't last and that you
can't get serviced. A few tough lessons
leave customers wary about off-the-cuff purchases. They want something they can trust.
A money back guarantee alleviates a great
amount of concern in the mind of the consumer.
There's peace in knowing that if the product doesn't live up to its
claims, they aren't stuck footing the bill for a piece of junk.
Customer testimonials also clearly tell
"would be" buyers that you really do deliver customer
satisfaction. No one can say it better
than a satisfied customer, but don't carelessly use testimonials. You need a method to your madness. Pick clear and specific testimonials to use,
and include as much about the customer as you possibly can to lend credence to
his testimony.
Simplicity... ah, it makes life so much
easier. Yeah, your harried customers are
busy and tired. They don't want to mess
around. Most of the time, they just want
to make the purchase and head home.
Convenience stores testify to the fact that quick and easy often
overrides a better price!
Make the buying process as simple as you
possibly can. Remember that not everyone
prefers the same method. The more
options you have available, the more customers you will please.
When you're planning your marketing campaign,
don't forget to point out the quick, fast, and easy benefits of your
product. Remember that value isn't
everything. It's pretty easy to charm your customers when you know what they
like! Keep these 3 tactics in mind as
you go about the daunting task of growing your business and expanding your
customer list... and watch your profits go through the roof.