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	<title>Exploring learning capacities</title>
	<atom:link href="http://www.learningcapacities.com/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.learningcapacities.com</link>
	<description>Just another WordPress weblog</description>
	<pubDate>Thu, 26 Aug 2010 18:02:47 +0000</pubDate>
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		<title>How To Find Your Businesses Unique Selling Proposition</title>
		<link>http://www.learningcapacities.com/2010/08/26/how-to-find-your-businesses-unique-selling-proposition/</link>
		<comments>http://www.learningcapacities.com/2010/08/26/how-to-find-your-businesses-unique-selling-proposition/#comments</comments>
		<pubDate>Thu, 26 Aug 2010 18:02:46 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=55</guid>
		<description><![CDATA[
Starting a business and entering the marketing world, takes a lot of initiative, courage and definitely lots of luck. Your unique selling proposition is your catchy concept, which will help sell your product or service. 
The best way to start out is to try to work out your concept by building a strong bridge between [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/marketing-strategy-win-new-clients_1303.png" alt="How To Find Your Businesses Unique Selling Proposition"></div>
<p style="MARGIN: 0in 0in 0pt">Starting a business and entering the marketing world, takes a lot of initiative, courage and definitely lots of luck. Your unique selling proposition is your catchy concept, which will help sell your product or service. </p>
<p style="MARGIN: 0in 0in 0pt">The best way to start out is to try to work out your concept by building a strong bridge between your product/service and your target audience. Who is your product intended for? Take into account the age group, whether intended for professionals or starters, and <span id="more-55"></span>other such factors. If you want to market a book you wrote on how to successfully lose extra pounds in 6 weeks, your target audience is likely to be mainly female between the ages 30 and 55. Think accordingly, and come up with a selling proposition that will &ldquo;entrap&rdquo; the client to buy your book. </p>
<p style="MARGIN: 0in 0in 0pt">In order to aid your process of finding your unique selling proposition, here are four steps you should consider:</p>
<ol style="MARGIN-TOP: 0in&quot;type="1">
<li style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">Enter competition bravely. Compare your company&rsquo;s profile to other that are alike, or sell similar products. Be true to yourself; know your strong points but also your weak ones. It is never too late to make some changes (changing your <a href="http://www.bespokepackaging.co.uk/">packaging</a> presentation into a much nicer one, perhaps considering a <a href="http://www.bespokepackaging.co.uk/">Bespoke Packaging</a> service or switching to a more secure payment system, which is widely trusted, and so on).</li>
<li style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">Know your audience. If you truly want that product to sell, you must know many things about the potential buyers. Who would buy your product? And why? Is your product/service presentation strong enough to convince them? </li>
<li style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">Trust your product/service. If you are not 100% convinced that your product is reliable, then do not expect that a unique selling proposition in the form &ldquo;You get rid of your extra pounds in six weeks&rdquo; for OTC natural supplements for example, will last too long. After a few hundred people will buy the product, and convince themselves of the exact opposite, your business is over.</li>
<li style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">When it comes to <a href="http://www.e-shot.net/portfolio.asp">e-marketing</a>, keep it short and to the point. The best unique selling propositions work like subliminal messages that enter your subconscious. A few words that are very easy to remember, with a special ringing, and which if you only catch a glimpse of or hear them once, they stay with you for a long time. </li>
</ol>
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		</item>
		<item>
		<title>Business Tips - Building a Successful Team</title>
		<link>http://www.learningcapacities.com/2010/08/03/business-tips-building-a-successful-team/</link>
		<comments>http://www.learningcapacities.com/2010/08/03/business-tips-building-a-successful-team/#comments</comments>
		<pubDate>Tue, 03 Aug 2010 11:15:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=53</guid>
		<description><![CDATA[
Building a strong team is vital to business success. This is because everyone works in unison for one overall goal or mission. When people work as a team, there is so much more power than working individually. There are some important strategies that should be followed when team building, if you can afford the trip, [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/homepic_1131.png" alt="Business Tips - Building a Successful Team"></div>
<p>Building a strong team is vital to business success. This is because everyone works in unison for one overall goal or mission. When people work as a team, there is so much more power than working individually. There are some important strategies that should be followed when team building, if you can afford the trip, it has been shown that teams can very effectively bond over retreats (for example taking them out to <a href="http://www.skiline.co.uk/">ski hotels</a> for the week) that thus <span id="more-53"></span>become more efficient.</p>
<p>First, it is important to have a common vision among all team members. This would include momentum you want to create and where you want to go with your business. All team members should hold the same vision and work towards it. </p>
<p>In order to run a business successfully, everyone should be clear on what their role is within the company. Be clear to everyone on your team what their individual responsibilities are and how they can contribute the company&rsquo;s goals and mission.</p>
<p>Create a team action plan that can be worked daily. Without an action plan, there is no structure. Having this action plan down in writing works far better than holding a verbal meeting. Give everyone a copy of this action plan so that they can refer to it as much as needed to stay on task.</p>
<p>Keep communication doors open for all team members. This will allow team members to communicate their needs, concerns and suggestions. This can be done on an individual basis or as a team meeting. If you hold a weekly (or daily) team meeting, it gives each team member a chance to speak and the whole team can work together to address concerns and bring up new ideas.</p>
<p>Keep your team members on a positive note by being positive yourself. Offer incentives and praise on a job well done. Offer constructed advice and coaching on things that need to be improved. When a team works together with the same vision, it helps with the overall growth of the company.</p>
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		</item>
		<item>
		<title>A brief idea on small business marketing</title>
		<link>http://www.learningcapacities.com/2010/07/30/a-brief-idea-on-small-business-marketing/</link>
		<comments>http://www.learningcapacities.com/2010/07/30/a-brief-idea-on-small-business-marketing/#comments</comments>
		<pubDate>Fri, 30 Jul 2010 10:45:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=51</guid>
		<description><![CDATA[Today, it is very hard to meet the increasing demands of the people who are always in need of products and service providers and this why there is always a room for such businesses which can provide what a customer wants. Discussed below are some ways which will guarantee you success in the field of [...]]]></description>
			<content:encoded><![CDATA[<p style="TEXT-ALIGN: justify">Today, it is very hard to meet the increasing demands of the people who are always in need of products and service providers and this why there is always a room for such businesses which can provide what a customer wants. Discussed below are some ways which will guarantee you success in the field of small business marketing.</p>
<p style="TEXT-ALIGN: justify">One can start by creating a Wordpress blog. You can also lay your hand across all the free templates which are available. <span id="more-51"></span>If you want a domain name for a year, you can get it by shopping around at a very cheap price. But, make sure you have all the contact details and also offer the customers valuable service which will help in driving a lot of traffic.</p>
<p style="TEXT-ALIGN: justify">Today more and more people are focusing on networking and with the help of it they are targeting a large number of customers. Get hold of business cards and enquire what the other person is doing and then start talking about yourself.</p>
<p style="TEXT-ALIGN: justify">As a business owner, the fastest way to get access to the customers is by working with other business owners. Share with them your thoughts and ideas. There may be a lot of people who may not be willing to work with you yet there are some who may want to join your business.</p>
<p style="TEXT-ALIGN: justify">The times have changed. The internet has become a crucial tool for the ideas of small business marketing, even if you business is something tangable like <a href="http://www.gumtree.com/london/armchair-for-sale_151_1.html">cheap suites for sale</a>. Online advertising is also one of the best ways for promoting a small business. However, online advertising has also changed with the advancement of time. So, try to adopt the newer trends which will help you in holding the attention span of the customers.</p>
<p style="TEXT-ALIGN: justify">Thus, these are some of the marketing ideas which will help in upgrading your small business.</p>
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		<item>
		<title>Supplier appreciation for good business</title>
		<link>http://www.learningcapacities.com/2010/07/07/supplier-appreciation-for-good-business/</link>
		<comments>http://www.learningcapacities.com/2010/07/07/supplier-appreciation-for-good-business/#comments</comments>
		<pubDate>Wed, 07 Jul 2010 11:45:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=49</guid>
		<description><![CDATA[
The most important link for a business to exist, to prosper or to sink depends solely on the customer - is what the articles would state and explain. There is however the supplier angle that we tend to forget about or these articles tend to miss out.
If business thrives on demand which translates into customers, [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/Links_198.png" alt="Supplier appreciation for good business"></div>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal">The most important link for a business to exist, to prosper or to sink depends solely on the customer - is what the articles would state and explain. There is however the supplier angle that we tend to forget about or these articles tend to miss out.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal">If business thrives on demand which translates into customers, then business breathes on supply or suppliers. Even if a business is creating a product the manufacturing process requires raw material which is received <span id="more-49"></span>form a supplier. Cutting off this supply link would result in the business getting asphyxiated due lack of air to breathe. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal">It, therefore, becomes mandatory to judge and find out the supply chain and the suppliers when researching, prior to starting or running a business. While the customer or client is termed a team member of the business just for advertisement&rsquo;s sake, the supplier in reality is a team member of the business.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal">Selecting a stable and reputed supplier, even at a cost higher than one that has not been verified, would give good returns in the long run. Keeping in close liaison with the supplier and especially in personal touch is essential for a pulsating business to continue. Given the modern means of communication, missing out on this aspect is quite natural and does happen, and <a href="http://www.octopus-hr.co.uk/products/octopus-recruit.asp">online recruitment software</a> has made this even more possible in recent times. Personal contact with the supplier ensures confidence build up between the two houses and this especially in times of low provides great help.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal">Just as words of appreciation received from a customer plays a lead role in furthering a business, the supplier too would be motivated if words of appreciation is bestowed upon the service and product that is being rendered by the supplier. In the same manner ensuring timely payment to the supplier would ensure regular supply of the material which goes into making the main product that reached the customer and termed as the business identity. </p>
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		<item>
		<title>Finding out who is working for you is always important</title>
		<link>http://www.learningcapacities.com/2010/06/17/finding-out-who-is-working-for-you-is-always-important/</link>
		<comments>http://www.learningcapacities.com/2010/06/17/finding-out-who-is-working-for-you-is-always-important/#comments</comments>
		<pubDate>Thu, 17 Jun 2010 09:45:03 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=47</guid>
		<description><![CDATA[
When running a business it is always important to know who is working for you, and you will find it featured in many versions of hr recruitment software. There are some people who seem very nice and reliable. They seem like the type of person who would do anything for anyone and would help you [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/JobSearchNewspaper_247.png" alt="Finding out who is working for you is always important"></div>
<p>When running a business it is always important to know who is working for you, and you will find it featured in many versions of <a href="http://www.octopus-hr.co.uk/products/octopus-recruit.asp">hr recruitment software</a>. There are some people who seem very nice and reliable. They seem like the type of person who would do anything for anyone and would help you if you ever needed it. This is not always the case. There are a lot of people who prey on those that are trusting. <span id="more-47"></span>If you are hiring someone you do not know very well you need to make sure to do a background check on them. You are responsible for who you have working at your business. </p>
<p>It is not expensive to do. You also need to check to make sure that they are not wanted or have previous offenses. You do not want someone who is a convicted child molester working at a candy store. If something happened to one of your customers you would feel guilty for the rest of your life. Your best bet is to just check on everyone. You want to hire someone who is trust worthy not someone that will steal from you or launder money out of your business accounts. It is important to keep business and friendship separate. You are not being a bad friend or boss by checking up on someone. </p>
<p>They should have no problem with it if they have nothing to hide. If they are a good and upstanding person they will encourage you to run a background check on them. They will know that there is nothing for you to find and that they are the right fit for the job. It will give you piece of mind that the person is reliable and that you are not putting yourself, your other employees, or your customers at risk. Being proactive is sometimes the best thing you can be when you are a business owner.</p>
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		<item>
		<title>How To Choose Promotional Items For Business Marketing</title>
		<link>http://www.learningcapacities.com/2010/06/02/how-to-choose-promotional-items-for-business-marketing/</link>
		<comments>http://www.learningcapacities.com/2010/06/02/how-to-choose-promotional-items-for-business-marketing/#comments</comments>
		<pubDate>Wed, 02 Jun 2010 13:30:19 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=45</guid>
		<description><![CDATA[
But why should you use promotional items? First, they are a great way to get your business&#8217;s name out to the world. Second, they function as a constant reminder to your customers of who you are. Third, they will help you find new customers, as your existing customers will inevitably spread the word to like [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/Beer_cooler_214.png" alt="How To Choose Promotional Items For Business Marketing"></div>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt&quot;align="left">The choice of promotional items can be a surprisingly difficult task. Some businesses do not take the necessary time to choose the appropriate items for promotions because they feel anything free will be successful. But if you are diligent with your research and consideration, promotional items can be one of the most powerful tools in your marketing arsenal. </p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt&quot;align="left">But why should you use promotional items? First, they are a great way to get your business&rsquo;s name out to the world. <span id="more-45"></span>Second, they function as a constant reminder to your customers of who you are. Third, they will help you find new customers, as your existing customers will inevitably spread the word to like minded businesses. </p>
<p style="TEXT-ALIGN: left; MARGIN: 0in 0in 0pt&quot;align="left">Here are a few tips when choosing promotional items for your business. </p>
<p style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 38pt; mso-para-margin-left: 0gd; mso-list: l0 level1 lfo1&quot;align="left">1. Who is your audience? You must first determine who your customers are and what they want. Generic promotional items, like mouse pads, <a href="http://www.c-s-v.co.uk/">bespoke packaging boxes</a>, or calendars, are useless for those who do not have an office. Make sure you know who your customers are. </p>
<p style="TEXT-ALIGN: left; TEXT-INDENT: -0.25in; MARGIN: 0in 0in 0pt 38pt; mso-para-margin-left: 0gd; mso-list: l0 level1 lfo1&quot;align="left">2. How much will it cost? You may think one idea is better than another, but if your promotional item is too expensive to make and distribute, then it will defeat the purpose. You do not want to lose money when promoting; albeit, any marketing endeavour will cost something, you still want to keep costs at a low. </p>
<p>Distribution. How will your customers or potential customers get the promotional items? Will you ship them to their office/workplace, and if so, do you have the necessary shipping information to make it a reality? Then, you must consider the cost of distribution. If your customers are mostly international, you may be spending a lot more money than you originally expected. Also, the size of your promotional item will determine shipping costs and difficulty; therefore, try to keep your promotional items small.</p>
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		<item>
		<title>With a level head you can make your business thrive</title>
		<link>http://www.learningcapacities.com/2010/05/17/with-a-level-head-you-can-make-your-business-thrive/</link>
		<comments>http://www.learningcapacities.com/2010/05/17/with-a-level-head-you-can-make-your-business-thrive/#comments</comments>
		<pubDate>Mon, 17 May 2010 12:45:20 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=43</guid>
		<description><![CDATA[Everyone wants their business to succeed. Facts are that most new business do not succeed. More fall to the wayside than flourish. If you want to take your business to greatness you need to grab the reigns and steer it to victory. There are things that every business needs. A business needs someone leading it [...]]]></description>
			<content:encoded><![CDATA[<p>Everyone wants their business to succeed. Facts are that most new business do not succeed. More fall to the wayside than flourish. If you want to take your business to greatness you need to grab the reigns and steer it to victory. There are things that every business needs. A business needs someone leading it who can set a goal and achieve it. You need to be able to plan out what your business needs and follow through. If you <span id="more-43"></span>let things go without them being fixed your business will be doomed. </p>
<p>As a business owner you need to keep your emotions in check at all times. You can not cry or yell in front of your employees or customers. You have to maintain a constant sense of control. If you can not control your emotions you will not be able to control a business. </p>
<p>You need to be aware of the costs of supplies and the budget you have to buy them. If you do not have knowledge of the flow of money coming in and out of your business you will quickly fail. You need to maintain constant knowledge of all money coming in and going out of your business. You need to know where the money is spent and what on. Make sure that things are not being given away or things being ordered that are not yet needed. </p>
<p>With the every changing economy you need to be prepared for change. Keep yourself and your business ready for different flows of business. You may be slammed one day with shelves empty and the next day have so much inventory you need extra <a href="http://www.storage.co.uk/">storage space</a>, and you don&rsquo;t know what to do. Just keep your head on straight and be able to make the necessary adjustments. If you can keep a level head and plan properly you should be able to succeed.</p>
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		<item>
		<title>What not to say: few tips to retain customers by knowing when to shut up!</title>
		<link>http://www.learningcapacities.com/2010/05/05/what-not-to-say-few-tips-to-retain-customers-by-knowing-when-to-shut-up/</link>
		<comments>http://www.learningcapacities.com/2010/05/05/what-not-to-say-few-tips-to-retain-customers-by-knowing-when-to-shut-up/#comments</comments>
		<pubDate>Wed, 05 May 2010 15:38:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=41</guid>
		<description><![CDATA[
Customers can often be irritating, pesky and a downright pain in the backside! You can be high up in the buisiness realm or on the shop floor selling baby boys clothing, you will always have to face difficult customers. They are also those who run your business so the best course is to play along [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://www.shrimprocket.com/imageblogs/8Tg9cwL4.jpg" alt="What not to say: few tips to retain customers by knowing when to shut up!"></div>
<p>Customers can often be irritating, pesky and a downright pain in the backside! You can be high up in the buisiness realm or on the shop floor selling <a href="http://www.babyclothingcentral.co.uk/">baby boys clothing</a>, you will always have to face difficult customers. They are also those who run your business so the best course is to play along and please them even if you die in the process. Making the mistake of opening your mouth too early, too late or too much <span id="more-41"></span>in front of a customer can cause serious trouble so beware! Here are a few &lsquo;what not to say&rsquo; tips, which any business can utilize. Read on: <br />&bull; &ldquo;That is not a part of my job&rdquo; This is the worst you can do to your customers and your business since one line just ruins it completely. Instead of blatantly refusing to help even if you genuinely cannot, just refer the customer to someone else who knows how to handle it. <br />&bull; &ldquo;It&rsquo;s surprising that you don&rsquo;t know about our product&rsquo; Well, it&rsquo;s not really that surprising considering you are no Bill Gates! It is possible that people do not know about your business and therefore your job is to educate them and not show a condescending attitude. This can hamper your image as well as that of your business. <br />&bull; &ldquo;Please repeat your name and then the problem that you&rsquo;re facing&rdquo; This is the biggest business blasphemy you can commit! Not listening properly enough is not what a customer looks for when your product has caused problems for him! Instead of an ignorant attitude, listen carefully since customer feedback will help you improve your products, making your business a success. <br />&bull; &ldquo;That is against our policies&rdquo; Whoa, big mistake. Making a permanent closure leaving the customer dissatisfied is not what good business is all about. You can review what needs to be done with your team and find out a way to solve the issue without completely discounting policies of your business. <br />Along with pleasing customers, honesty of intentions and quality products take you a long way. Be street smart and use your charm to tackle your way out of tricky situations!</p>
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		<item>
		<title>Stop thinking, start doing and get going!</title>
		<link>http://www.learningcapacities.com/2010/04/30/stop-thinking-start-doing-and-get-going/</link>
		<comments>http://www.learningcapacities.com/2010/04/30/stop-thinking-start-doing-and-get-going/#comments</comments>
		<pubDate>Fri, 30 Apr 2010 11:38:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

		<guid isPermaLink="false">http://www.learningcapacities.com/?p=39</guid>
		<description><![CDATA[
Someone once said: &#8220;For a business not to advertise is like winking at a girl in the dark. You know what you are doing but no one else does&#8221;. Before people start ignoring you altogether, you need to get your basics right. Marketing and selling are altogether two different aspects of any kind of business. [...]]]></description>
			<content:encoded><![CDATA[<div style="float:right"><img src="http://sharedlog_ai.s3.amazonaws.com/beautyproducts_335.png" alt="Stop thinking, start doing and get going!"></div>
<p style="TEXT-ALIGN: justify">Someone once said: &ldquo;For a business not to advertise is like winking at a girl in the dark. You know what you are doing but no one else does&rdquo;. Before people start ignoring you altogether, you need to get your basics right. Marketing and selling are altogether two different aspects of any kind of business. Selling is as impersonal as it gets and is a redundant concept in today&rsquo;s competitive world. Marketing, on the other hand, includes selling, advertising and <span id="more-39"></span>all that makes your business different from just another business. It is what sets you apart in the true sense since the main focus of marketing is your business, not just any business.</p>
<p style="TEXT-ALIGN: justify">The first thing to do is to develop and efficient marketing plan which is realistic and sets out to reach attainable goals. Be it a small business or a large one, a marketing plan is a basic necessity which lays the foundation of whatever is to come. Once that is in place, implementation is the next big step. Depending on your budget, scale of business and requirements, marketing plans will vary. If you are working with a small and limited budget, online promotion like <a href="http://www.e-shot.biz">email marketing</a>, blogs and social media are a great way to enhance viewership and visibility. Creating a website lets people know your agenda and what you stand for.</p>
<p style="TEXT-ALIGN: justify">Big businesses can opt for affiliate marketing which works wonders for your business. Taking the assistance of reputed affiliates to endorse your products, can market your business ably and quickly as well. Purchasing space in the popular ezines to print solo ads is also a great marketing technique. Establishing a target audience streamlines your marketing efforts and you are better organized knowing which segment to target. This also establishes a niche market for your business and your marketing becomes simpler.</p>
<p style="TEXT-ALIGN: justify">Apart from this, internal motivational factors like your attitude towards your business, the honesty of your intentions and undeterred attempts at marketing yourself successfully come across in your efforts and are lauded by people. As Marketing Guru, Philip Kotler says: &ldquo;Marketing takes a day to learn. Unfortunately it takes a lifetime to master.&rdquo; This should tell you that no particular marketing trick lasts long enough and you need to keep trying different things to make your business succeed.</p>
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		<title>Marketing Strategies for Small Business Entreprenuers</title>
		<link>http://www.learningcapacities.com/2010/04/27/marketing-strategies-for-small-business-entreprenuers/</link>
		<comments>http://www.learningcapacities.com/2010/04/27/marketing-strategies-for-small-business-entreprenuers/#comments</comments>
		<pubDate>Tue, 27 Apr 2010 14:39:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
		
		<category><![CDATA[General]]></category>

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		<description><![CDATA[Advertising in multiple media formats is extremely costly especially for those small business entrepreneurs who are just starting and do not have vast resources to allocate for this purpose. Since they are new, they do not have an idea what advertising approaches and vehicles will really be a sure hit or success.
Furthermore, developing a successful [...]]]></description>
			<content:encoded><![CDATA[<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 3">Advertising in multiple media formats is extremely costly especially for those small business entrepreneurs who are just starting and do not have vast resources to allocate for this purpose. Since they are new, they do not have an idea what advertising approaches and vehicles will really be a sure hit or success.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 3">Furthermore, developing a successful advertising campaign is really difficult no matter how much fund you have or how big is your company. There will always be new products <span id="more-37"></span>or services in the market and competition in advertising is inevitable. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-outline-level: 3">The good news however is there are so called non-advertising approaches to promotions which are proven to be helpful and cost- effective at the same time. You just have to be creative and have the right timing to launch it.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Coupons</b><br />Distributing coupons with matching caps or shirts with the product name or company logo to complete the image is another alternative. It can be done on the street corners, concerts, trade shows or any place you know where your target users are. You may also send coupons to your loyal customers or include &ldquo;the next purchase coupons&rdquo; in their orders. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Designing and printing coupons in volume fast and easy to do because you don&rsquo;t need to be detailed about the design but you have to hype the price points of your products and services. Offering generously with your coupon will assure you of chances of getting additional sales and establish good customer relation. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Contests</b><br />People got excited when they see other people win and that is why games shows became phenomenal these days. In developing a promotional contest you should consider to make it funny, silly and highlight the selling points of the products or services. Making your contest unique, wacky and crazy can create market awareness and who knows can later give you media mileage.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Gifts</b><br />We all love receiving gifts and it make us feel special no matter how small they are. Some are even willing to pay extra to get them. Example is when you buy a brand new TV you can just add extra money to get the DVD player and you will be given a TV rack as a gift. Giving out gifts is also one way of pairing your non- moving items with fast moving ones. </p>
<p style="LINE-HEIGHT: normal; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto; mso-add-space: auto"><b>Loyal buyers</b></p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Giving out discount cards to your loyal buyers is also one tool to build up your customer based. Discounts can be in different forms. You can give outright discount for every purchase or in the next purchase of your loyal buyers or give them volume discount to encourage large purchases or cash payment discounts. </p>
<p style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Exclusive Offerings</b><br />Inspiring your customers by giving them exclusive offers to view or purchase limited edition lines or services is one way to make your customers feel their importance. And to further enhance their interest, you may also give them small discount for availing the exclusive offers. This is usually effective to move premium brands with high ticket price items.</p>
<p style="LINE-HEIGHT: normal; mso-margin-bottom-alt: auto; mso-add-space: auto"><b>Events </b></p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-bottom-alt: auto">You may get media exposure by hosting special events for business establishments especially with the presence of a celebrity or high profile endorser. This is also an excellent way to meet new people to introduce your business or maybe maintain business relations with the existing ones. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Fundraising is also one way of meeting new people aside from creating goodwill and the atmosphere of excitement. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Cross-promotions</b><br />You can cross-promote your products with another business. It can be with multinational food chains, theaters owners, event producers among others. Promotions like giving out free movie tickets for every purchase of a specific item or if they meet the minimum purchase amount. </p>
<p style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b style="mso-bidi-font-weight: normal">Exchange Deals</b><br />You can also make exchange deals if you want advertise in your products and services without letting your cash out. For instance a tire manufacturer can make a deal with the bus company to place their ads in their buses in exchange of recapping service or supply of new tires. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>Giveaways/Freebies</b><br />Giving out free items or what we call freebies is a lot inexpensive than advertising. Freebies should be less expensive so as not to convey a concept of bribery in some forms. They can functional or simply nice items to make the customer appreciate and in return create a good image for the company. Think a nice branded pen for business or <a href="http://www.gompels.co.uk/index.php/cPath/189_312">c fold towels</a> for sports, depending on the market you are going for.</p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">Offering free product trials or free estimates for specific period of time is also one option for consumer service businesses. </p>
<p style="TEXT-ALIGN: justify; LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">In-store promotions like free taste tests or just simply giving out novelty items also create customer traffic and product awareness. </p>
<p style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto"><b>New Customer Offers</b><br />One of the most difficult marketing challenges is to attract new customers or encourage them to shift their loyalty from one brand to another that is why an intensive marketing is needed to achieve this goal. </p>
<p style="LINE-HEIGHT: normal; MARGIN: 0in 0in 10pt; mso-margin-top-alt: auto; mso-margin-bottom-alt: auto">New customers may be offered free first service or free product samples just to let them try the product or service.</p>
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