Archive for the ‘Lifetime Customer Value’ Tag
Principles Of Marketing That Have Stood The Test Of Time…
The following Principles of Marketing have guided me and some of the most successful business people of all time and are still as relevant today as they were 100 years ago. These same Principles Of Marketing have created increases of over 4000% in some cases…
Principles Of Marketing No.1 – Researching your competition, customers or clients and your staff is the easy way to find the gap in the market
Principles Of Marketing No.2 - The customer is always right – so get to know your customer or client
Principles Of Marketing No.3 – Asking your customer or client what they want to buy is the easiest and low risk way to build your business
Principles Of Marketing No.4 - Give your customer or client what they want in a way that’s most convenient to them – not what you want to give them in a way that’s most convenient to you!
Principles Of Marketing No.5 – Creating marketing material to please everybody is antiseptic, anonymous and doesn’t please anybody – instead write personally for the 2 in 100 that desperately want your product or service today
Principles Of Marketing No.6 – Your Target Market is the beginning and most important part of any marketing campaign or plan
Principles Of Marketing No.7 – Your Unique Marketing Message has to separate you in the mind of the prospect and customer or client in a split second
Principles Of Marketing No.8 - Knowing your Lifetime Customer Value is critical if you are to use Irresistible Offers to buy new customers and clients
Principles Of Marketing No.9 - Using multiple marketing media and strategies across all 3 Business Multipliers (see upcoming Hidden Profits post) is essential if you want to attain substantial business growth
Principles Of Marketing No.10 – Educating customers and clients is essential if you want to maximise your sales and profits
Principles Of Marketing No.11 – Brand advertising and graphic design doesn’t sell – headlines, sales copy, guarantees, social proof, offers and calls to action do
Principles Of Marketing No.12 – Brochures sent in the mail don’t sell without a sales letter
Principles Of Marketing No.13 - Failing to follow up continually costs businesses Billions every year
Principles Of Marketing No.14 – Testing every aspect of marketing is critical for ongoing profit
None of the above is complicated and much of it costs you nothing.
All you have to do is go and do it!
Here’s a BIG tip… Just action one of the above Principles of Marketing consistently for 2 weeks in your business and I guarantee you you’ll notice the difference.
Speak soon…
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