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Articles about marketing, advertising and promotions will be found on this page. Check back often as new articles will be added as available.

Follow this link to Inc. Magazine, an online publication dedicated to entrepreneurs.

Niche Marketing for Downtown Businesses
 
Jan Kostielney, owner of JK Enterprises, a marketing and community relations consultant, offers some basic marketing strategies...and unique ideas for niche marketing...to downtown businesses and entrepreneurs.
 
Chapters of this book will appear on the Michigan City Mainstreet Association website as well as her own site, http://jkenterprises226.tripod.com.
 
Ms. Kostielney has more than 20 years experience in business and marketing. One of her largest clients is the City of Michigan City, for which she has been the marketing consultant since 2001.

 

The Essence of Marketing...and A Successful Business

The essence of marketing begins with knowing who your clients truly are, learning the specifics of what they want, assisting them to arrive at a decision, and illustrating for them that your service is the solution to their problem and will provide them with what they want and need. The essence of marketing ends with making that customer a life-long client of your business.

 What is marketing? The answers are many and varied because the term means many different things to different people. 

There is FAR more to marketing than getting the sale...although that’s certainly the ultimate goal of all marketing activities and efforts.  Marketing is a broad-spectrum endeavour, one that utilizes many different skills and ties them all into a strategic plan.

It is also more than just selling and advertising. 

Marketing is about finding out who your clients are, what they want, working out how to reach them and how to offer them the very best service possible.

It covers everything from the style of service you offer, pricing, promotion, ongoing service, and customer satisfaction.

A few years ago, the mayor asked me to explain marketing to her youngest daughter who was visiting the city during the university break. I said, “Marketing is everything I say, do, and create that brings awareness of and desire for the service or product I’m marketing to the targeted market segment I’m trying to reach.”

Marketing, done well, is a powerful business tool. Done poorly, it’s a sure way to spend a lot of money and get very few…and very poor…results.

Here’s a great definition of marketing: If the circus is coming to town, and you paint a sign that says, "Circus Coming to the Showground Saturday," that's ADVERTISING. If you put the sign on the back of an elephant and walk it into town, that's PROMOTION. If the elephant walks through the Mayor's flower bed, that's PUBLICITY. And if you get the mayor to laugh about it, that's PUBLIC RELATIONS. Put them all together, and you've got MARKETING.

The primary style of marketing that I have used successfully in my own business is the strategy defined in these chapters. The focus is on client satisfaction rather than specific percentages of a return on investment or profit margins. This strategy is not about how to be a pushy sales person or a smooth talker...or even how to be highly competitive. It is first and foremost all about being the very best business owner/service provider you can be and about ensuring that everyone in your community knows about you.

Most traditional marketing strategies have centered on getting as many people as possible to use their services, whereas my emphasis is more about satisfying and looking after the clients.

Not all clients are the same, and understanding our clients can be a never ending challenge but one that is important if we are to have a long term marketing success. It is essential that you have the ability to put your name and services in front of the public, to attract interest in what you offer, and inspire them to contact you.  Otherwise, it would be like having a new store with no signs or information to guide people to where to come to find the shop. Your business may be open, with fantastic offers to give, and yet have no clients coming in the front door.

It is vital if you want a successful practice that people know you are there and that, when they find you, you will give them the very best service possible.

Consumers are more aware today that they have many choices with regard to any purchase they make—whether it is a product or a service. Most people are not looking only for a financial value in their purchase; they want their purchase experience to be simple, efficient, honest, friendly, and quick. They want to feel that the business person with whom they are dealing...as well as the company itself...cares about them as a customer.

Entrepreneurs have more opportunities to connect with their customers than, say, employees of a large chain store who must adhere to corporate policies that may not focus on customer satisfaction but rather on liability issues for the corporation.

 Now, on to Chapter 2.

Chapter 2
 
Marketing Basics Part 1—The 4 P’s

The first classroom discussion in any college marketing course involves “The Four P’s.” They are the foundation of any marketing plan, the building blocks of your success in marketing your business. The four P’s are product, price, place, and promotion...and each of these topics involve a number of decisions.

Product is the service or product we provide. There are many decisions to be made about our products and services...when, where, how, what and even why are issues to be decided upon. This topic also involves the crucial development of our customer service plans.

Price is, obviously, what we charge for our products and services, but it also includes decisions regarding profit, discounts we may offer, and so on.

Place refers to both the location from which our business operates and the location(s) in which we will provide our products and services.

Promotion involves all the mechanisms we use to promote our business. These mechanisms may include brochures, websites, newsletters, advertisements in various media, our stationery and business cards, our logo, the colours we use in our printed media and on our website, press releases, displays and hospitality rooms at trade shows, memberships in trade associations, events we may attend or create, and more.

Today, entrepreneurs add some other “P’s” to the marketing mix: Packaging, Positioning, and People.

Packaging refers to the image you present to potential customers. Packaging includes the entrance to your business (including the sidewalk, door, storefront, downtown ambiance, etc.), the areas in which you conduct business (including how does the area smell and look, how comfortable are the chairs, how neat/attractive is the area ..and how well does the décor of the area relate to your business?) Packaging also includes how you present yourself and your business through stationery, business cards and other media, the way you and your staff dress, your voice and language, your knowledge of your subject, your correspondence...everything about you and your business. These issues will have a direct effect on your ability to attract and keep customers. Everything affects your customers’ confidence about dealing with you and your business.

Positioning is best described as how your customers and others view and feel about your business. A positioning statement is one that defines what you do for whom, to uniquely resolve an urgent need. For example, Hertz states unequivocally that they are “#1.”  Avis says “we try harder.” The implication is that Avis’s positioning statement is “We will strive to become #1 in the car rental industry through providing exceptional customer service, exceptional car maintenance and car selection.”

Do you have a positioning statement? It will become the guiding focus of your business. It will be the basis of your “elevator pitch” (the 30-second response to the question “so, what do you do?”). It should be the information that a customer first learns about your company from your website, your brochures, and ads. You might add in your own positioning statement anything that is specific to you and your company that will help to differentiate you from the competitors in your area. (To “differentiate,” you show the differences between two or more things or become specialized.)

People is the last of the “extra P’s” in the marketing mix. To be successful in business, we must have the right people doing the right jobs. For some of us, WE are the only employee in our business...so, hopefully, we ARE the right person for this job! Most downtown businesses, though, have staff members, partners, employees, and even volunteers.  It is very important that we spend as much time considering the “people aspects” of our business as any of the others. If the person who answers your phone does not make your potential and existing customers feel cherished and satisfied, then you’ll need to find someone who does.

If you’re thinking that all of this information sounds like “plain old common sense,” you’re absolutely right. It’s amazing, though, how...in the excitement of building a business...we often forget some of the details that would make our entrepreneurial experience even better...easier. So the “common sense” information about services and pricing and people and all the rest is here as a sort of checklist. Forgetting to include in your business plan a detail such as whether or not you offer discounts to return customers or whether or not you will accommodate a unique request...well, you don’t want to stand there looking up at the sky when the question is posed. A professional business person will have all the answers about his or her business readily at hand...and that requires planning even when it seems as though it’s just common sense. 

More Common Sense

There are some skill sets that every business needs, regardless of the nature of the business. Those include leadership, listening, an ability to collaborate with others, flexibility, insight and accountability.

Someone has to be the leader. In the case of your business...you’re it. To be a good leader, you must be able to quickly make good decisions, stick by them and see them through. If it turns out that a decision wasn’t as good as you first believed... well, that’s called a learning experience.

Listening skills are one of a business leader’s most valuable tools. Customers will tell you what they want. They’ll tell you what’s important to them, what a “wow factor” would be, They’ll tell you what they’re willing to pay for...and even what that amount is. You just have to ask them...and then listen to their answers. You can ask them through focus groups, email or website surveys, or personal conversations. You can “ask them” through sales promotions...the results will tell you what your customers think about your offer! They’ll know you’re listening when their needs and desires are satisfied by your business.

“Plays Well With Others” was the sentiment printed on the hat worn by an older gentleman in the park the other day. It reminded me that collaborative efforts...the ability to build a successful team...is vital to our businesses. Equally important is our ability to identify other team players such as temporary or permanent employees, people and companies from which we frequently purchase services or products, and media representatives. Successful business leaders “play well with others.”

Flexibility is an excellent talent for a business owner to have. By flexibility, I mean the ability to change tactics when something’s not working, to accommodate a customer’s needs even when it’s at the expense of our own. Which service provider do you think will receive more sales through word of mouth advertising? The one who called her friend during a customer meeting and said, “Joannie, I want to spend some more time with an important customer. I’m going to beg off the movie tonight. I’ll call you tomorrow so we can reschedule, ok?” Or the service provider who frequently looks at her watch and sighs heavily as the client and her husband dither at 4:52 p.m. over their choice of your services and the price?

Insight is the ability to see clearly and intuitively into the nature of a complex person, situation or subject.  It is self-awareness, the ability to understand and find solutions to our personal problems. Insight, then, is a great marketing tool, isn’t it?! How does one gain insight? Attending to an issue with full energy and a clear focus certainly helps in seeing clearly into a person’s nature or in seeing the “background” or “reasons” for behavior or a situation. The key is to maintain an interest in your business, in connecting with your customers on many levels so you can better understand their reasoning.

Accountability is the downfall of many businesses. I don’t mean the accounting department nor anything financial in nature. I’m talking about the ability to be accountable to others. Again, I ask...which business owner do you think will be the most successful? The one who is known to be prompt, to bring all needed materials to a client meeting? The one who responds to emails and phone messages in a short period of time...and has an answer to the problem when returning the call? Or the other person...the one who runs into a meeting with papers dropping from his or her arms...the one who always forgets some pertinent piece of information—or a pen? Accountability equates confidence in you and your business by your customers. And when they are confident in your abilities, they will tell others. (The customer service “rule of thumb” is a satisfied customer will tell 6 people about their experience with you. An unhappy customer will tell 30-100. If you add the Internet into this rule, happy customers tell 20 and unhappy customers tell 600. That’s a rule to keep in the back of your mind.)

More on Marketing in Chapter 3.

 

Chapter 3

What’s Your Focus  _________________________________________________________________

 

Definition of Focus:

ˇ Main emphasis; concentrated effort or attention on a particular thing

ˇ Area of concern; an area of concern, responsibility or investigation

ˇ Concentrated quality; a concentrated and unified quality

ˇ Sharpness of image; the quality of being sharply defined with clear edges and contrast

ˇ Seeing sharply; the condition of seeing sharply and clearly

Gertrude Stein said, “It is awfully important to know what is and what is not your business.”

What is your mission?

What is your vision for your business?

What are your goals?

What will your business feel like to you?

We’re going to spend some time discussing these issues and then making decisions about focus.

A vision statement should clearly communicate what you envision your company to be, in terms of growth, values, contributions to the community, etc.

A vision is a statement about what your organization wants to become. It should resonate with all members of the organization and help them feel proud, excited, and part of something much bigger than themselves. A vision should stretch the organization’s capabilities and image of itself. It gives shape and direction to the organization’s future. Visions range in length from a couple of words to several pages. I recommend shorter vision statements because people will tend to remember their shorter organizational vision.

Vision Statement Samples

"Year after year, Westin and its people will be regarded as the best and most sought after hotel and resort management group in North America." (Westin Hotels)

"To be recognized and respected as one of the premier associations of HR Professionals." (HR Association of Greater Detroit)

A mission statement should answer the questions of “What do we do?”, “How do we do it?”, and “For whom do we do it?” The answers to these questions should be more of a psychological response rather than a physical response. A mission statement doesn’t say “we will perform perfect theatre plays at each performance.” It should focus on the emotional response you want to achieve from your clients. 

Here are a couple of examples:

ˇ The Wedding Company will work with brides and their families to explore the possibilities available to create and provide a unique wedding that matches, as much as possible, the bride’s lifelong dreams for her special day.

ˇ The XYZ Funeral Company will work with bereaved families and friends to discover the soul and heart of the recently deceased and will then create and provide a funeral service that is a celebration of the loved one’s life.

We’ll come back to the mission and vision statements in a while...but jot down some notes to yourself about these important statements.

 GOALS

Man is a goal seeking animal. 

His life only has meaning if he is reaching out

and striving for his goals.

Aristotle

 

A goal is where we want to be. An objective is what we have to do in order to meet our goals.

Many of the goals on the list you create for yourself will directly involve your business. Let’s talk a bit about those now.

What do you envision your business will/should feel like to you? As a human being, it is vital that we thoroughly enjoy our work. If we don’t, then our business will never be successful, for how can a business thrive when the owner/manager isn’t doing exactly that?

Do you spring from bed in the mornings, eager to get to work? If not, it’s time to examine some of the aspects of your business to determine what is causing you to feel less joy than you could.

(A workbook is available for you to write down your mission and vision statements as well as your business and personal goals. You can download it at the end of this chapter if you choose.)

I’ve found, in all aspects of my life, that if I don’t write down my goals, I forget them. In fact, I keep them in the front of my DayTimer, one of the most vital tools of our trade. I carry the DayTimer (calendar) with me everywhere I go, so that I can quickly check dates, times and locations, have easy access to my database of support services as well as current clients, and so that I always have a central location for jotting down notes to myself.

I strongly recommend that you write down your goals; type them into your Palm Pilot or print them out and keep them in the front of whatever calendar/address book you use. Then you can refer to your goals—and the “road map” of action steps you define—every day. It will keep you on track.

Many people fail in life, not for lack of ability or brains or even courage but simply because they have never organized their energies around a goal. 

Elbert Hubbard

The exercises in the workbook will help you focus in on what’s important to you as a business owner/entrepreneur...what you hope to achieve for yourself, your clients, and your community.

The hardest work, though, is yet to come. Now that you’ve identified what you want, you have to actively work towards getting what you want. Others will support you in your endeavors, but the bulk of the work is up to you alone. There will be great days when you can see your goals within reach...and there will be days when the goals seem to be hidden behind a fog of anxiety and exhaustion. Stay the course. There is no way “around” the efforts… you can only go “through” them.