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The
Unbelievable Facts:
You Can Beat The Competition By Raising Prices!
Hey, that
got your attention! You’re probably sitting there
with a raised eyebrow, and thinking... “Yeah,
right!” Everybody knows that you have to have
the best prices in town to be competitive... or do they?
Think about
this... when you go to a Ford dealership mechanic do
you expect to pay more than if you take it to the repair
shop on the corner? Of course you do. Why? Because the
mechanics are specialists at the dealership. They specialize
in the type of cars they sell, and know their stuff!
When you
become a specialist, people expect to pay more and feel
like they are getting more value for their money. They
trust the specialist to understand their needs. Now
for the big question... How can you become a specialist?
Here are 3 easy steps to becoming an expert in your
field.
1.
Divide your market.
Take a good look at your market. How many pockets within
your customer population can you find? You’ll
be surprised at the number of niches you can target.
You'll find ethnic groups, different age groups, varied
groups of income, singles, married couples, families,
grandparents... the list could go on and on. Once you
spot the pockets, decide which group or groups you want
to target.
2.
Learn
Once you discover the pockets within your customer population,
take the time to learn what their special needs and
desires are. Dig deep, and really get to know them.
Learn to speak their language, so to speak.
The best
place to start understanding them is simply by asking
them why they buy your products. What do they like best
about it? Why do they choose your place of business?
You’ll get straight answers right from the source,
and gain amazing insight as well.
3.
Revise Your Advertising Campaign
Once you’ve earned the right to speak to them
on their level, redesign your advertising campaign to
reach out to them. The changes don't have to be drastic,
but be sure to use the language of the group you are
aiming for. Let them know you understand and desire
to meet their special needs.
Let’s
face it... there will always be competitors and competition.
There’s just no getting around it, but you really
don’t have to lower your prices to compete with
them. Not when you are the expert in your field and
your customers are trusting you to have the answers.
Who
is Allyn Cutts, and why should you care?
Allyn has spent over 24 years helping businesses like
yours find new customers and increase sales to current
customers. Allyn is a marketing and sales fanatic, providing
measurable marketing solutions that drive huge results
for small-to mid-size business clients. Allyn works
personally with clients to design and deliver off-line
and on-line direct marketing strategies that focus on
metrics and measurable results. You can learn more about
Allyn Cutts at www.AllynCutts.com and you can call 610.437.4106
between 10 AM and 4 PM Eastern Time Tuesdays and Thursdays.
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