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Marketing

Make big bucks: marketing basics

When I think of marketing, I think of long and involved planning and strategising, complicated advertising campaigns and plenty of product and buyer research. Marketing, to me, means long-winded reasoning and years of study. However, this article attempts to break marketing techniques down into 7 really simple and logical steps.

1 - Make sure your product is a great one. People will only buy a good product. If you want to make money, only sell an in-demand service, or product. Any amount of marketing and advertising will not help if your product or service is not up to scratch. Provide bad services or sell bad or unpopular products and your business will not grow.

2 - Corporate identity or branding: Your company products and services need to have a strong corporate identity or branding. This is to ensure repeated recognition for buyers, familiarity and professionalism. Customers should be able to see your identity or branding and relate it to professionalism, great service and reliable products.

3 – Recognise and target your buyers. Using research techniques, you can identify who your target market will be. There is not much point in targeting a group of people who would not be interested in your product or service.

4 - Understand your target market. This means that the type of advertising needs to be attractive to your potential buyers. Consider a professional advertising and marketing company to help you understand what makes your target market “tick”. A successful marketing campaign depends on whether the advertiser knows how to attract target market attention.

5 - Create a winning advertising campaign. The money you spend on your advertising should come back to you through sales, therefore, make your product sell by understanding your target market. Find a suitable form of advertising to sell your product, remember that exposure is important. If people do not know that they can buy your product or service, they won’t.

6 - Provide excellent customer service. Customers or buyers enjoy good service. Providing good customer services to your clients will ensure a smooth and professional transaction. The customer is more likely to use your services again and promote your business to other potential buyers.

7 - Always try to sell more: market your product or service with attractive add-ons. This means more money for your business without extra work. Up selling is a vital part of good customer services.

So, there we have it. Basic marketing techniques broken down into the layman’s terms. Marketing is not rocket science and most people can work out what they would need to sell a product or service. Let our 7-point guide help you simplify marketing and selling your products.
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