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•Tom "Big Al" Schreiter
•Ken Seto
•Rod Cook
- Contributing Editors
Back
Target Your Market
By Tom “Big Al”
Schreiter
http://www.fortunenow.com
It’s easy to get great leads if you target your market.
Here is one way to get great
leads inexpensively by using this “target your market” technique.
Imagine that you sold a
protein powder product that was good for weight lifters and people who
exercised. So where would be your target market?
Our first thought would be
health clubs.
You will get a wide variety
of good prospects here. Some will be dedicated body builders. Others
will be weekend warriors who exercise only on Saturday. And still
others will join the club, pay their dues, get instructions on how to
use the machines, get a written program from their personal trainer .
. . and then do nothing (hmmm, sounds vaguely familiar).
All of these prospects could
use your protein powder product. But how will you reach
them?
You could join the club.
That costs money. And then you would stand around hoping to bring up
protein powder in casual conversation with your fellow members.
Your conversation might go
like this:
“Wow! Great-looking gym bag.
If you used my super protein powder your body would look great too.”
This would be an
embarrassing conversation and an inefficient use of your time.
Or, you could talk with the
health club owners and ask them to sell your protein powder. However,
you would have to wait in line to get an appointment, and every other
nutritional company would be your competitor.
Health club owners receive
sales pitches all day long. There’s too much competition for this
method to work effectively.
But who else is in contact with
your prospects?
You could talk with the
personal trainers. These independent contractors are hired
by their clients to show them how to get into shape fast.
Unfortunately, these
personal trainers are not trained salesmen for your products, and they
may also feel uneasy about promoting your products to
their clients for profit. They wish to appear unbiased and want to
make their money from their personal training fees.
Here is what you could do.
Make up some discount
coupons for your protein powder. Maybe your coupon would offer
25% off their first purchase. Or, maybe the client would get a free
bottle of vitamins with their first purchase.
Next, give
these coupons to the personal trainers. Now the personal trainers can
promote your protein powder easily because they only have to hand out
coupons. They could say:
“You’ll build muscle faster
and lose weight quicker if you supplement your exercise with a good,
high-quality protein powder. Here is a coupon for one of the popular
brands of protein powder. It will save you some money on your
purchase.”
That’s it. That’s all the
personal trainer has to say. The personal trainer doesn’t have to
compromise his or her integrity by selling your product. And, the
personal trainer will feel good about saving the client
a bit of money.
This is a great deal for
you, the distributor.
It’s a great deal for the
client who saves money on his first purchase.
But what about the personal
trainer?
Maybe the personal trainer
doesn’t want to earn cash from promoting your products. That’s okay.
You can still reward the personal trainer in other ways.
For instance, you could:
1.
Give tickets to the local body building
show.
2.
Give theatre tickets.
3.
Arrange a day at the local spa.
4.
Give gift certificates for the local
sporting goods store.
5.
Offer a few cans of protein powder for the
trainer’s personal use.
There are many ways to
reward the personal trainer besides cash. Some of the ways may bond
the personal trainer more to you than cash.
Maybe you arranged a
relaxing weekend for the personal trainer at a local resort. The
personal trainer will always remember the weekend. Cash
is quickly forgotten after it is spent on an electric bill.
But I sell residential long
distance service!
Then use the same technique.
Find your target market.
Q. Who uses a lot of long
distance?
A. Traveling salesmen.
But how are you going to
meet them?
You don’t have to. Just
think of who might be in contact with traveling salesmen.
Let’s pick car rental
agencies.
Many traveling salesmen fly
to a location, rent a car, and then make sales calls. And I bet many
of them have families.
Wouldn’t it be nice if the
car rental agency gave them a free calling card? Now the
traveling salesmen could call home courtesy of the car rental agency.
Where would the car rental
agency get the free calling cards?
From you. You
could provide a pre-paid 15-minute calling card inexpensively for the
car rental agency to give away.
The traveling salesman is
happy. He gets to call home for free.
The car rental agency is
happy. They look good in their customers’ eyes.
And you are happy.
Why? Because you have a
mini- recorded sales presentation the traveling salesman hears before
his call is connected. Your short sales presentation could offer
discount long distance for his home, a calling card to use while on
the road, or even the opportunity to install a toll-free number in his
home.
And the profits?
Simply compute how much
money you will earn from a customer in a year. Then, set out to spend
less than that amount to get the customer.
But I sell web pages to
businesses and individuals.
Then use the same technique.
Find your target market.
Who on the Internet wants
personal web pages, but probably doesn’t know how to build them?
You might decide to target
AOL customers. Many are brand new to the Internet and started with the
user-friendly interface that AOL offers.
You can further target your
market by going to AOL’s forums and message boards.
Or, if you have collected a
stack of business cards, you might want to call the prospects who have
AOL addresses first.
But I’m special.
I sell tours to China. How
will this technique work for me?
Just use the same technique.
Find your target market.
Who are more likely to want
to take a trip to China?
1.
Patrons of Italian restaurants?
2.
Patrons of Chinese restaurants?
If you answered “B”
-- you’re getting the idea of how target marketing can work for you.
All you would have to do is
to print up some paper placemats with your advertisement for China
tours. Then give the free placemats to all of the Chinese restaurants
in your area. While waiting for their food, your prospects would be a
captive audience for your ad.
Or, make a deal with the
fortune cookie manufacturer. On the back side of the
fortune cookie messages, print your fortune cookie message that says:
“You are going to take a trip
to China. Call 800-xxx-xxxx.”
What are some other target
markets?
1.
If you sell digestive enzymes, visit with
the local all-you-can-eat barbecue house.
2.
If you sell anti-wrinkle cream, visit with
the local sunglasses retailer.
3.
If you sell discounted travel vacations,
visit with the local suitcase retailer.
4.
If you sell extra income, visit with the
local tax preparer.
As you see, this is starting
to get pretty easy. We just have to keep in mind who comes into
contact with our target market.
Want “77 FREE Hot
Prospecting Ideas!” to build your network marketing business? Go to:
http://www.fortunenow.com/77moretips.htm .
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