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3 THE IMPORTANCE OF MARKETING... · PRINCIPLES OF MARKETING Create authentic scarcity Know, like &...
Transcript of 3 THE IMPORTANCE OF MARKETING... · PRINCIPLES OF MARKETING Create authentic scarcity Know, like &...
BUSINESS LAUNCH & GROWTH
DIETITIAN BUSINESS
STARTUP TOOLKIT
© 2015 RD Entrepreneurs Academy
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IN THIS TRAINING VIDEO…
The importance of marketing
Breakdown individual marketing platforms
Content development for your unique business
Developing an actionable promotion plan
How to grow your business with client feedback
Why and what you should be tracking in your business?
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THE IMPORTANCE
OF MARKETING
© 2015 RD Entrepreneurs Academy
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MARKETING IS SIMPLY CONVERSATIONS WITH POTENTIAL CLIENTS OR THOSE
WHO CAN REFER CLIENTS TO YOU
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PRINCIPLES OF MARKETING
Create authentic scarcity
Know, like & trust
Features vs Benefits
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AUTHENTIC SCARCITY
Get clients to act…now
Most people naturally procrastinate
Create time sensitive reasons to work with you (if possible)
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KNOW, LIKE, TRUST
You are the face of your business
Let people get to know YOU
Don’t be a logo
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BENEFITS VS FEATURES
Features: Components of your product/service
Benefits: How you are going to help your client
Goal: Showcase the benefits, while talking about the features
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MARKETING KEYS:
1) WAS IT DEVELOPED WITH YOUR IDEAL CLIENT IN MIND?
2) DOES IT GIVE A GLIMPSE OF WHAT WORKING WITH YOU
WILL BE LIKE?
3) DOES IT HONESTLY REFLECT THE VALUE OF YOUR PRODUCT -
OR- SERVICE?
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MARKETING CONTENT
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MARKETING PLATFORMS
Website
Blog
Social Media
Networking Events
Speaking Events
Anywhere…
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DON’T TRY TO MASTER ALL MARKETING PLATFORMS AT ONCE
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WEBSITE
Lends credibility
Builds know, like and trust
Saves you time
You/your business are now “searchable”
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BLOG
Blogging for business vs your business is your blog
Builds know, like and trust (faster than SM)
Provide relevant content
Lends credibility
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BLOG GUIDELINES
Shorter is better
Conversational vs Professional
Related to your business
Monthly to once a week
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SOCIAL MEDIA
Other (Vine, Google Plus, YouTube)
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SOCIAL MEDIA
Each have their own demographic
Is your ideal client on social media?
Start with the one you enjoy/understand the most (if the demographic fits!)
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POSTING GUIDELINES
Post regularly
Entertain, Educate, Engage
Be part of the conversation
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NETWORKING EVENTS
3-5 minutes of meaningful conversation
Give & receive business cards
Don’t stop there…follow up
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START YOUR OWN NETWORK
Find other professionals
Set date/time for meet and greet
Advantageous for EVERYONE
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SPEAKING
Live events
Video presentations
Webinars
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SPEAKING DIY
No speaking events, make your own
GoTo Webinar, Google Hangouts, Free Conference Calls
Take a few minutes to market your business
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CHOOSE YOUR PLATFORM
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PLAN YOUR CONTENT
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MARKETING CONTENT
What marketing platform will you utilize first?
Marketing topic/ideas? (Social Media 15-20, Blog 10-15, Speaking 2-5)
For each topic idea, indicate the purpose (educate, entertain, engage or sale)
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MARKETING CONTENT
What product/service do they relate to?
What does each piece of marketing content do?
ID: Educate, Entertain, Engage
…or sales
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PROMOTION PLAN
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PROMOTION PLAN
Get your business noticed
Land your first client
Collective word of mouth
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YOUR BUSINESS
Succinctly (1-3 sentences) explain your business
Succinctly (1-3 sentences) explain who your product or service is for
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YOUR BUSINESS
What are the features of your product/service?
What are the benefits of your product/service?
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REFERRALS
List 5 potential professional referrals for your business.
List 5 family/friends/colleagues/groups that could spread the word about your business
List 5 professionals you would like to invite to a new group referral meeting
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GETTING NOTICED
Contest
Special pricing
Effective and strategic marketing
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WORD OF MOUTH
Friends/Family
Colleagues
Current clients
If people like you -or- your business, they will happily spread the word
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“IF YOU KNOW OF ANYONE WHO WOULD BENEFIT FROM
MY PRODUCT/SERVICE, PLEASE TELL THEM I WOULD LOVE TO
SEE IF I CAN HELP THEM OUT!”
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CLIENT FEEDBACK
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CLIENT FEEDBACK
Product/Service Ideas
Show you care
Help you tailor your product/service to your ideal client
Conversation vs Client Surveys
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CLIENT FEEDBACK
Look for common ideas, suggestions
Implement ideas thoughtfully
Don’t implement services you don’t want to provide
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CLIENT SURVEYS
Ask open ended Q’s
Offer an incentive
Don’t ask more than 5-10 Q’s
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SURVEY Q’S
1. What are you trying to accomplish this year?
2. What is holding you back from what you would like to achieve?
3. What is important to you?
4. What would you like to learn more about?
5. What is the biggest frustration in your life right now?
6. What are you the most proud of ?
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SURVEY Q’S
7. How did you hear about us?
8. Why did you decide to invest in this service/product?
9. How could we have made your experience better?
10. What additional products/services would you like us to make available?
11. Is there anything else that you would like to share with us?
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TRACKING
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WHAT SHOULD YOU BE TRACKING?
Marketing
Money
Time
What works?
What doesn’t work?
Mark your calendar to review your goals
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Tracking l Business Launch & Growth
REVENUE & TIME
© 2015 RD Entrepreneurs Academy Tracking l Business Launch & Growth
Time + Money Spent Developing
Time + Money Spent Delivering
Time + Money Spent Marketing
Revenue Earned
Service/Product #1
Service/Product #2
Service/Product #3
Service/Product #4
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Tracking l Business Launch & Growth
MARKETING & PROFITS
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Time Frame Marketing/Promotion Goal Time Investment Cost Investment Outcomes (Profits/Clients/Connections)
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KEYS TO A SUCCESSFUL
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PLANNING
Revisit your plan…often
Revise your plan…often
Recommendation: Start your business with a soft launch
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IS YOUR PROPOSED START DATE STILL APPLICABLE?
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WHAT HAS TO BE DONE IN ORDER TO OFFICIALLY OPEN
YOUR DOORS AND START GENERATING REVENUE?
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TO DO
A place to conduct business
Something to sale
Legal paperwork
Way to accept payment
Ability to consistently deliver your product/service
One marketing platform
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WHAT DOES NOT HAVE TO BE DONE IN ORDER TO
OFFICIALLY OPEN YOUR DOORS AND START
GENERATING REVENUE?
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SAVE FOR LATER
Expensive website (with all the bells & whistles)
Professional logo/pictures/business cards
More than one way to market your business
Anything else…you are ready! Go be a successful entrepreneur!
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REMEMBER…
Mistakes happen
If you can get one client, you can get more
Start before you feel you are ready!
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BELIEVE (AND KNOW) THAT WHAT YOU HAVE TO OFFER IS EXTREMELY
VALUABLE!
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WRAP UP
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KEY POINTS
The first key to success in any business is the ability to effectively market what you have to offer!
It’s better to dominate one marketing platform then have a mediocre presence on all platforms
Client feedback (and thoughtful implementation of feedback) is essential for growth in your business!
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THANK YOU!
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