It is January and it is cold outside where I live. This is the time of
the year when anything above freezing is considered a warm day. One of the
complications of living in a cold weather region is the number of things that
won’t work in temperatures this cold, like old batteries in cars. They can lose
all their power in cold weather. When that happens, you need a jump start to
get the engine running again.
Sales can be like that old, cold battery. If you are having trouble
getting your sales started, take a look at your marketing. Are you marketing
the right thing to the right people at the right time? A simple assessment of
what you are marketing, to whom you are marketing and when you are marketing
can tell you a lot about what you need to do to jumpstart your sales. Let’s
take a look at each of these components of good marketing.
What are you selling? You may give me the name of the product or service
your business provides your customers. That may not actually be what you are
selling – or I might better say, that is not why people are buying from you.
Who is the largest package delivery company in the U.S.? You might have guessed
it was the US Postal Service, UPS or FedEx. Actually, it is Amazon. When I
think of Amazon, I don’t think of it as a package shipping service, I think of
it as a very large general store – similar to Walmart or Target, but with many
more products. But Amazon has made their business work because they sell
anything and deliver it to your door overnight. What they are selling is
convenience. So what are you selling? Why would people make a purchase from you
instead of another company? This needs to be the key message in your marketing.
To whom are you selling? Not everyone is a potential candidate to become
a customer of yours. There are people who will never buy what you are selling.
There are others who are in need of what you offer. Do you know who is a great
fit for a sale and who is just a good fit (or not a fit at all)? There is
little sense chasing someone who will never buy from you. Stop wasting time and
money! If you do a little research and define your target market, you will get
better results from your marketing. This is key to getting sales in your door.
Do target markets change over time? Yes, they often do. That is why it is
crucial for you to be aware of who is buying from you and why they are doing
so.
When are you selling? For some industries, there are seasons of high
demand and seasons of little interest. For other industries, critical factors –
such as an economic boon or downturn – will impact selling time frames. It is
important that you understand the best time to sell in your marketplace. Get
your marketing out in front of that time frame and promote your product and
services. For instance, we are just ahead of the busy season for tax
preparation, home sales, warm-weather vacation rentals, floral sales and green
milkshakes. We just passed by the busiest time for sales of health care plans,
toys, cranberries, farm implements and eggnog. Know what time it is in your
market and get out ahead of it.
If you want to jumpstart your sales, get your marketing working for you.
Don’t waste your marketing efforts with the non-essentials that can gobble up
both time and money. Keep your marketing simple. Promote what you sell to the
right people at the right time and get your sales running once again.