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  • Added for You - Marketing Essentials for the Entrepreneur

    The Role of Corporate Social Responsibility in Modern Business Development
    There are many factors within general business practices that are altering to ensure that every person benefits from the continued functioning of the company. Previously many businesses have subscribed to practices that may have had negative effects on their stakeholders. This is now changing as the realisation sets in of the true importance of the different stakeholders in any particular business. There are many different manners in which a company can implement corporate social responsibility measures for the benefit of all concerned. The manner in which each different company implements the changes will be dependant on what aspects of the company could be considered as having produced negative effects.C
    >8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advert

    What Are Binding Machines?
    The pages and covers of a book or document need to be bound together for making them last longer and enhancing their appearance. Binding machines are used for purposes in which thread is used to bind together pages and covers, through a strip sewn over or along the edge for strengthening or decoration.The most commonly available binding machines include comb, coil, velobind, tape, double loop wire, and thermal binding and padding. A number of companies manufacture these machines, including GBC, HOP, Plastikoil, Renz, Rhino Tuff, Rollabind, Standard, and Speil.It is a fact that bound documents last longer than the unbound ones. A binding machine has manual punch or electric punch. Manual punch is fre
    Marketing is something many think they can do and very few do it well, yet, marketing is the cornerstone of any successful business or organization. You can have the best product or provide the best service but if no one knows about it, your dream will remain unrealized. The reason so many fail at marketing is because they confuse marketing with advertising. Advertising is a component of marketing but is not its sum total.

    A critical component to successful marketing is market research, yet it is the aspect of marketing that is least utilized by business, especially small businesses. Market research is the key ingredient in truly knowing who your customer is and why they do what they do. Advertising is only as effective as the market research that supports it.

    How well do you really know your customer? Once you get past the demographics (assuming your really know that) how well can you answer the following questions?

    1) My product/service is purchased based on

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advert

    Free Money Through Grants: Fact or Fiction?
    It's posted all over the Internet. You hear it on the radio, and see it on television. The United States government is giving away free money in the form of federal grants. While it's true that the government does indeed award $400 billion annually through its 26 federal entities, the statement of free money through the government doesn't exactly pinpoint the definition of a federal grant.A grant isn't a gift or a free-for-all giveaway. It also doesn't mean that if you've been awarded a grant, you've won the lottery. According to American Government and Politics by Jay M. Shafritz, a grant is "a form of gift that entails certain obligations on the part of the grantee and expectations on the part of the gra
    ting is market research, yet it is the aspect of marketing that is least utilized by business, especially small businesses. Market research is the key ingredient in truly knowing who your customer is and why they do what they do. Advertising is only as effective as the market research that supports it.

    How well do you really know your customer? Once you get past the demographics (assuming your really know that) how well can you answer the following questions?

    1) My product/service is purchased based on

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advert

    Ditch Advertising To Win New Customers
    Are you a business on shoestring advertising budget struggling to attract new customers? This article is about to change your business model on its head... and may even make you a very wealthy person!We live in an age of overexposure. We are exposed to all types of marketing messages of every kind from every type of business imaginable. Can you think of how many sales messages an average person gets exposed to every day? These promotional messages are on billboards on the road side, inside trains, buses, they are on TV and radio, they are in newspapers, on leaflets that are being out by kids in the street and so on.Thousands of such advertisements and promotions during any average day are trying to

    1) My product/service is purchased based on

    a. Emotions

    b. Logic

    2) The biggest "pain" or need my customers experience that I am equipped to satisfy is ______.

    3) The decision maker for the product or service I provide is ____________________.

    4) The major influencer for the decision to buy my product or service is _____________.

    5) I have a consistent process to solicit feedback from customers for future product development.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advert

    Business Brokers
    Business brokers help you in the sale and purchase of businesses. They charge fees for providing brokerage services. The fees depend on the size of the business, the final sale and the purchase price. There are different business brokers for dealing with different kind of businesses. For example, some of them might specialize in mergers, and others in acquisitions. Apart from the fixed fee, most of the brokers also charge commissions. The commission can be computed on the basis of the selling or purchase price of the business. The larger the price, the greater the leverage to negotiate commission rates with a business broker.If you have sold your business or purchased a new one you might feel you don’t nee
    ent.

    a. True

    b. False

    6) I know for every person that complains about my product or service, there are ______ who didn't complain vocally but did so by taking their business elsewhere.

    7) I have identified the following buying trends of my core target market over the past

    a. Six months

    b. 12 months

    c. 18 months

    d. 2 years

    e. Trend __________________________________________________.

    8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advert

    Employment and Career Opportunities at Truck Washes
    Did you know there are employment and career opportunities in the truck wash business? It is true and there are a couple reasons for this. One reason is due to the illegal immigration and illegal alien crackdown on Hispanic workers who have snuck over the border and found jobs in the truck wash industry.Many truck wash chains and many truck washes hire illegal aliens and up until now no one has said anything about it. However, most truck drivers are very American and they see the illegal aliens and illegal immigrants working at the truck washes when they wash their 18-wheeler rigs and they are upset. Many have called the immigration service and or the border patrol to come in to such truck washes and arr
    >8) My target audience is best reached by:

    a. Radio

    b. Television

    c. Direct Mail

    d. Internet

    e. Flyers (if so, list where they should be posted)

    f. Billboards

    g. Other_________________

    If you can provide detailed answers to all of the above questions, congratulations, you are now ready to develop a marketing campaign. If you were not able to answer all of the above questions, save your advertising dollars and spend them on market research.

    From the market research you will be able to identify the next key element in marketing: what motivates the decision to buy. Most people think that logic is the catalyst for buying decisions and in a select few industries that is correct. Those making decisions on technology, medicine or something in the sciences will likely do so on the basis of logic. However, the average consumer makes very few decisions based on logic. A new car or truck purchase is not based on logic, it is based on emotion.

    How will driving that vehicle make you "feel". Men may say it's the "hemi" engine, but they are not buying the engine - they are buying the emotion of masculinity, strength, power. A woman does not buy a dress based on the quality of the material but how it makes her "feel". It can be of superior quality and value for the price but if she puts it on and she "feels" fat, it will stay on the shelf. There are very few products purchased solely on logic. The main impetus for purchase is an emotional one that may then be supported by logic as the buyer compares competitors, but even then the competitive advantage will still lean toward the company that does the best job of hitting the right combination of emotion and logic.

    Ok, so you've done your market research and you know what triggers the buying decision, now you are ready to begin making advertising decisions:

    Copy - Advertising copy is a critical element of advertising and is often the most poorly done. Your ad copy must contain some key elements: Headline, Hook, Call to Action

    Advertising Strategy - what is the best advertising medium to use? Newspaper ads? Radio? Internet? Direct Mail? Will you include a promotion (not the same as an advertisement)? The answers to these questions must be an outcome of the market research; without

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