Monday, October 24, 2016

 Try New Things

  The easiest way to sell more of your products is to increase sales to your current customers. For example, my family started selling beef several years ago. Our customers began asking for other meats, we began raising lamb, pork, and eggs. We didn't have to spend any more money on advertising and we increased our sells tremendously. So the bottom line is, develop a brand people trust then try adding new products.

Sunday, October 16, 2016

Direct Marketing

Direct marketing is not a norm in some parts of the business world, but it is something to consider when you start a company. Direct marketing means you sell directly to consumers, skipping the middleman. This adds risk to your business, but it has a lot of benefits. If you direct market you can price the product for less than your competitors. That means you can make more money and your customer can get a better price. You are able form a relationship with your customer. Not only will your customer appreciate the one on one care, you will also receive invaluable information from your customer if you keep your ears open. Relationships are hard and often impossible to form when you sell through stores.

Sunday, October 9, 2016

What Do You WANT?
Watching people can be an excellent way to discover a new business opportunity. People can tell you what they think they want, but sometimes that's not actually what they need. It's up to you, the entrepreneur, to find viable businesses that meet consumers' needs. Go watch people and see if you can find a recurring problem they have or even think of a problem that you have been faced with yourself. When Ben Franklin was eleven he invented, "flippers." He was swimming in the creek with friends. He wanted to be able to swim faster, but he was trying as hard as he could. He put two wooden boards with holes in the center on his hands. These allowed him to swim faster without exerting so much energy. He found a problem and he solved it. Once people are made aware of the problem, selling the solution will be easy. Today, millions of flippers are sold every summer.

Sunday, October 2, 2016

Who Will Your Customers Be?
Before you start a business, you need to know who you will be selling to. A lot of people think businesses want to market to everyone, but this is simply not true. Whole Foods is a grocery store that focuses on organic products, but this quality comes at a much higher price. WalMart on the other hand offers an inexpensive option, but lower quality products. Obviously, the people who shop at Whole Foods and those who shop at WalMart have the same basic need, food; however, one desires quality while the other wants a less expensive option. Will your business offer high quality products? Will it cater to people who can't spend a lot of money? These are just a few questions you need to ask before you begin marketing so you can do so effectively.