5 Key Marketing Questions - Marketing Article

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Friday, 10 October 2008

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5 Key Marketing Questions

By:Bob Leduc

5 KEY MARKETING QUESTIONS
Copyright 2003 Bob Leduc

When you know the answers to these 5 key marketing
questions, you can create effective web pages, sales letters
and other sales generating communications. The answers to
these 5 questions reveal how you can get your prospect's
attention and motivate them to take the action you want.

1. WHO DO I WANT TO REACH?

Describe detailed characteristics of your ideal prospect. Be
very specific.

Once you clearly define the characteristics your ideal
prospect you can develop a powerful sales message appealing
directly to their unique interests and needs. Prospects are
more likely to respond when they feel you are talking
directly to them about their individual needs.

2. WHAT ACTION DO I WANT TO GENERATE?

Decide in advance what action you are trying to stimulate.
Do you want to get inquiries for your product or service? Do
you want to produce sales directly from your promotion? Or
do you want to build a list of qualified prospects willing
to receive frequent offers from you?

You can develop an effective promotion in a short time when
you have a clear understanding of the action you are trying
to generate.

3. WHAT IS MY COMPETITIVE ADVANTAGE?

Identify why prospects should do business with you instead
of with a competitor selling a similar product or service.
For example, do you provide faster results, easier
procedures, personal attention or a better guarantee? If you
cannot think of a reason - create one. Add something to your
business you are not already doing.

Your competitive advantage can be responsible for fifty
percent or more of your sales. Make sure you have one - and
don't lose it. Keep checking on your competition and make
any changes necessary to keep your competitive advantage.

4. HOW WILL I PROVE MY CLAIMS?

Don't expect prospects to believe what you say. Make sure
you provide proof of any claim you make.

For example, collect and use testimonials from satisfied
customers. Provide research data supporting your claims. Get
endorsements from experts your prospects are likely to
recognize.

5. HOW WILL I CREATE URGENCY?

Most prospects do not respond the first time they see your
promotion. Instead, they delay making any response - then
often forget about you.

You can convert many of these procrastinators into buyers by
giving them a compelling reason to respond immediately. For
example, give them a special price if they order now - or
include a valuable bonus if they order by a specific
deadline.

TIP: Develop a series of 4 or 5 different special offers.
Use them one at a time with an expiration deadline. When one
offer expires, replace it with the next offer and a new
deadline. Continuously recycle through the same series of
offers. This enables you to create urgency using special
offers without taking time to create new ones.

You need to answer to these 5 key marketing questions before
you can create a motivating web page, sales letter or other
sales generating communication. The answers to these 5
questions will reveal how you can get your prospect's
attention and stimulate them to take the action you want.

Bob Leduc spent 20 years helping businesses just like yours
find new customers and increase sales. He just released a
New Edition of his manual, How To Build Your Small Business
Fast With Simple Postcards and several other publications to
help small businesses grow and prosper. For more information:
Email: BobLeduc@aol.com Subject: "Postcards"
Phone: 702-658-1707 After 10 AM Pacific Time/Las Vegas, NV

About the Author

Bob Leduc spent 20 years helping businesses just like yours
find new customers and increase sales. He just released a
New Edition of his manual, How To Build Your Small Business
Fast With Simple Postcards and several other publications to
help small businesses grow and prosper. For more information:
Email: BobLeduc@aol.com Subject: "Postcards"
Phone: 702-658-1707 After 10 AM Pacific Time/Las Vegas, NV

Article Source: http://www.dailynewarticles.com