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How to successfully start a business even if it scares you!

Many of us will think of starting a new business but remain apprehensive of what to do. You can choose to do a multitude of strategies, and then narrow down what feels right to you. But you need some guidelines.
Feel comfortable and have a solid curiosity and passion about what you want to market! Even “rocks” can be sold at a profit. Yes I said rocks!

Several years ago, a smart entrepreneur came up with the idea of selling a “PET ROCK.” It came with a carrying container, and it had a little bed of “straw” in the inside, and it came with instructions of how to care for your brand new “pet rock.”

Their marketing into the fact that everybody needed and or wanted a pet. But many did not want the hassle or inconvenience of taking care of a pet. And Eureka…..this was the answer. You did not have to walk it, or feed it, or even pet it. You certainly could talk to it, and take it where ever you went. Because it did come with its’ own carrying case. People named their pet rocks, and it did make several million dollars of profit for the creator. Think about what your value proposition is for your product or service.

Lindsay Phillips, came up with the idea of “Switch Flops.” She created the idea of having sandals that could have interchangeable velcro tops for the sandals you owned. Color, texture and accessories made it veery versatile, inexpensive and very marketable.

She saw a market and a need and it worked. And she was only 24 when it went global and made her a multi-millionaire. Opportunities are out there in abundance and you probably have an idea that DOES have a niche market.

Take the time right now to right down 1 FEATURE OF YOUR PRODUCT….
and now write down 3 BENEFITS OF YOUR PRODUCT.
That is the ratio you want whenever you are marketing anything. What is in it for your customer. What and why should they buy your product, and not just once!

There is much more information to come on your next step marketing strategies. Accomplish these steps first…and remember, the “first sale” is to yourself as the internationally recognized entrepreneur Alan Weiss always says.

As a small business strategist and adjunct professor of marketing and communications, Strong Incentives knows what it takes to make your mark and make it profitably!

Stay tuned for more! It’s worth it.

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5 Mistakes In Your Marketing Materials.

I am amazed at how many people continue to
state all the shining attributes about themselves! (Mistake #1)
Yes it does feel temporarily good, as you reread your material and go over the statistics that you have so proudly listed. But seriously this information, should only be considered as a “seal the deal” bit of “info” and put it at the bottom of your messages.(If you don’t put it there…Mistake #2)

It is still proven that people just want to know, what’s in it for them. What will THEY learn from reading your article, or hiring your services. Let’s get back to the facts that people want to know how they will benefit from using your services.
As an adjunct Prof. of Marketing & Advertising at Kean University, I teach my students that this has to be the core statement in their materials. It is like the “Push or Pull” method of marketing.
Either you are pulling the consumer into wanting something….or, you got it….they are being pushed into “wanting” something .
This becomes the fine line between marketing and sales promotion. But the end result is that you have a consumer who wants to give you their money, and you in turn are going to give them reasons, for them wanting to come back, again and again. (If you don’t…Mistake #3)
If you can satisfied a need, a “hurt” or a “pain” that they have….than you will have a repeat customer.
Seriously, look at the weight loss market.  It will always be a money maker!! As the baby boomers get older and wider; and as the 20 somethings (millenials) find that their high school and college weight is becoming a thing of the past. Well now you have a brand new audience. And that is what you will always be marketing towards.

A good marketer knows how to go after each audience.
You have the answer to the problem that they (the consumer) wants fixed.
So no matter what materials you use to market yourself, please list at least 1 or 2 benefits in the beginning; have 1 listed in the middle….and conclude with at least 1 or 2 reinforced reasons of why they should CHOOSE your services, products or ideas. (If not then you have committed Mistake #4 .)

I have frequently spoken about the K.I.S.S. theory, and I will bring it up again the way it should be addressed. (Keeping a negative mindset is Mistake #5 – Keep it simple “stupid.”)
“K.eep  I.t   S.imple   S.uccessfully”
The consumer, does not want complex information…..they want simple, successful answers.
And that is when it is time for you to go into action with your answering machine message, your business cards, your marketing materials. Each of those components promoting the benefits of you… to that potential new customer…or better yet…a long term repeat customer!
Contact Eileen@StrongIncentives.com for further details, of a 20 minute free marketing strategist session.
Seriously, it’s free…now that’s a good return on your investment….isn’t it?

The power of “Powerful You!” women.

On September 22, I was one of the keynote speakers at the “Powerful You” 2010 Transitions program for NY & NJ.
Speaking on my keynote program called
C.H.A.N.G.E.S.
The program was focus on your business and how “change” affects your business in so many ways.
I addressed C- communication – How you handle your social media communications and marketing materials.
H. is for Health – the health of your bottom line of your business.
A. is for Attitude – staying focused with positive master mind groups.
N. is for Negativity – reading books such as “The Secret” and “The Power of Positive Thinking”. Avoid working or being exposed to negative thinking people.
G. is for Goals – Making sure that your goals are S.pecific, M.easurable, A.ction oriented, R.esults, T.ime frame for your goals.
S is for S.uccess – And that is inevitable by incorporating all of those key steps….
C.H.A.N.G.E.S.
The “Powerful You” Women’s group is a nationally based company that is growing through out the country. It incorporates Master Mind groups, Gratitude and applicable topics that help all women entrepreneurs.
The accolades I received for the rest of the day was incredible! And I am most grateful for this fascinating group of women.
Seek one out in your area…or take the next steps to starting one in your city.
It will be worth your investment of time and the paybacks will be incredible!