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The 8 Marketing
Principles
You MUST Know
To Make Your Business Soar - Part 3
by Michael Ross, author,
direct marketer and consultant
"Things
may come to those who wait,
but only the things left behind by those who act."
This tip continues on with the
8 marketing principles. We'll look at marketing priciple
number 2 - Give your customers their 5 basic wants. Because
this is quite involved I'll be covering this over the next few
tips.
Marketing Principle No. 2.
Give Your Customers Their 5 Basic Wants.
I am writing this with the
aroma of food still in the air after downing some fine cuisine
from the 'Golden Arches' restaurant. Yes, you guessed it -
McDonalds.
The same McDonalds that was
started by two brothers who bought more milk shake cups than
anyone else. And so caught the attention of an enterprising
milk shake cup salesman called Ray Kroc. Ray asked the two
brothers whether he could buy the rights to duplicate their
operation and marketing system. And hey presto franchising was
born.
McDonalds does some very smart
marketing - marketing that works well. They also do some
'image building' stuff that's just a waste of money. But
perhaps the thing that McDonalds does best is to . . .
Give customers their 5 basic
wants
So lets have a look at these 5
basic wants that every customer wants, but hardly any buiness
is giving them.
Customer Want No. 1. Give
Your Customers SPEED!
Quite simply, speed is not
keeping your customer waiting.
How many times have you been
annoyed at being made to wait? Have you ever walked out of a
shop because they kept you waiting? How did being kept waiting
make you feel?
No-body likes to be kept
waiting, yet a lot of businesses keep you waiting.
Let me ask you, what would
happen to a pizza franchise that told you the order would take
4 hours to be delivered? They wouldn't stay in business for
long, would they?
Why is McDonalds so popular? Is
it because of the great tasting food, or the advertising? Or
is it because most of the time you don't have to wait? I'm
sure you can even remember the McDonalds ad that promised to
have your order ready in 1 minute, now that's speed.
What milk bar could have your
order ready so fast? I don't know of any, and that's why they
are disappearing. They just aren't fast enough and so the
customers go and buy their food from places that don't keep
them waiting.
If you want more business then
. . .
give your customers speed,
they'll love you for it.
Give them speed in everything
you do!!
If you sell products through
the mail then get your product into your customers hands as
quick as possible. Send out their order the day you received
it. If that's not possible then at least the next day. If
that's still not possible then send a letter explaining when
they can expect their order to arrive.
If you own a retail store then
speed is even more important. If you are the only one in the
shop and there are 2 customers, try and serve them both at the
same time. Don't totally ignore one and spend all your time
with the other.
About four months ago my wife
and I were in a department store in the perfume section. We
wanted to buy a $120 bottle of parfume - the concentrated
stuff. The lady behind the counter just ignored us while she
stood with two other customers who were trying to make up
their mind. In the six minutes we waited she must have galnced
at us at least 5 times but never came over to ask us what we
wanted.
And it wasn't as if she was
engrossed in conversation with the other two customers because
she wasn't - she just stood their waiting for them to make up
their mind. We walked out without the perfume and kept our
$120.
The moral of the story is . . .
Never never never keep your
customers waiting, it will cost you sales.
If one customer is making up
their mind excuse yourself and serve the other customer. Don't
just ignore people like in the example above because you'll
lose sales.
And if you do excuse yourself
make sure you come back. Don't be like the salesman I
encountered when I was looking for a mobile phone. We were
discussing the features of the different phones in the display
case when he saw a lost looking guy elsewhere in the store.
Well, he excused himself and
asked the lost guy if he could help him. Of course the answer
he got was 'no, just looking.' The salesman never came back to
me. He just hung around the other side of the shop. He had
obviously decided that I wan't going to buy - how wrong he
was. So I walked out and bought a phone at a different shop.
This story brings up another
point. Try and avoid asking your customers if you can help
them. You know you're only going to get the response 'no, just
looking.' Why not try asking them if they've been to the store
before? If they haven't, give them a brief run down of where
different groups of things are in the store.
Research shows that approaching
customers and avoiding the 'can I help you' phrase will
increase your sales by 16%. Don't believe me? Why not try it
out for yourself abnd see if it works.
Just remember . . .
In everything you do, try
your best to give your customers speed!
Try this, it works!
May the success you achieve
be a direct result of the effort you put in!!
Michael Ross
Miros Designs Marketing.
About this author
Michael Ross is an australian
based author, product developer, direct marketer and
consultant.
Michael Ross is known for his
detailed and helpful advice on how to succeed in marketing.
Note:
Michael Ross' original web site is closed. I don't know if
it's permanently or temporily. Michael Ross recently told me
that he has more or less retired from the Internet. I'm sorry
for any inconvenience that this may cause you.
You can, however, still buy a
copy of Micael's book, "The Art of Leverage" by
going to this web site: http://artofleverage.cjb.net/
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