3 Ways
To Beat Your Competition.
Copyright 2003 Bob Leduc
You will always have competitors. You cannot control
their activity. But you can minimize their impact on your business. Here are
3 ways you can position yourself to generate sales with little or no
competition.
1. Use Unconventional Marketing Methods
Most businesses use the same marketing methods as their competitors. Adapt
some unconventional marketing methods to distinguish yourself from your
competitors. Your unique marketing will attract more attention and get more
sales.
For example, most online businesses only use online marketing methods to
generate traffic to their website. By
including some offline marketing, they can bypass the heavy competition
online and produce more traffic - and more
sales.
Tip: Print your best small ad on a postcard and mail it to prospects in your
targeted market. Postcards are inexpensive
and easy to use. Most recipients will read a brief message on a postcard.
2. Uncover Overlooked Markets
You cannot avoid competition when you market to the same prospects as your
competitors. Look for some new niche
markets you and your competitors overlooked. You may uncover a market you
can dominate with little or no competition.
Revise your ads, web pages and other sales messages so they appeal
specifically to the unique interests and needs of
prospects in your new niche market. For example, I recently spoke with a
network marketer who singled out the following
3 niche markets. She customized her sales approach for each market to
emphasize a different major benefit.
* Stay at home moms: emphasizes the advantages of working part-time at home.
* Corporate employees: emphasizes the opportunity to escape the corporate
environment and build your own business.
* Retirees: emphasizes the benefits of generating extra income without
schedules or supervision.
3. Establish Yourself As A Specialist
One of the most effective ways to beat your competition is to establish
yourself as a specialist in a narrowly defined
area of your business. Prospective customers perceive a specialist as an
expert in their field - someone with
special insight who can to help them in a specific area.
You do not have to abandon your current marketing to establish yourself as a
specialist. Just select a unique
product you offer or a service you perform especially well and emphasize it
in your marketing. Include testimonials
from customers and endorsements from other experts to prove you are one of
the best.
Tip: A service business that specializes can often charge a higher fee.
Customers or clients expect to pay more for
specialized service. Some will even consider your higher fee as evidence you
are the ultimate expert.
You will have competitors as long as you are in business.
But these 3 ways of positioning yourself will minimize their impact and
allow you to generate sales with little or no
competition.
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