• Feb 29

    by mheo soriano

    Besides this PayPal has tons of other benefits for you:

    • Paypal is secure. After you out up an account, your customers do not have to give out credit card details to each individual company every time you make a transaction. And you know you’re dealing with verified buyers so there is a very little probability to get scammed.
    • There is no need for you to have a merchant account to accept credit card orders, which is convenient and cheap if you’re just starting out your business.
    • Your customers can now opt to pay by credit card, bank account, or PayPal balance.
    • Paypal also supports payments in US Dollars, Canadian Dollars, Euros, Pounds Sterling, and Japanese Yen, making international or and local sales easier than ever.
    • It’s FREE for customers and affordable for small businesses.
    • Set-up is fast, and you can get started in minutes.

  • Feb 23

    by mheo soriano

    Signing up for a PayPal account is now optional. This means your customers can complete their payments and then decide whether or not to create an account. You can make use of Paypal’s services without the chore of making an account.

    In the past many people are turned off by the prerequisite of making an account, but by eliminating that requirement, PayPal has considerably increased your potential customer base and made buying your product easier — which always means that your business will have higher sales and growth.

    When it comes to coverage Paypal can be considered to be an established network because it already has over 64 million accounts in 45 countries, (aside from the unregistered users) Paypal links millions of potential business clients.

  • Feb 22

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     Advertising & Public Relations

    Check out Careers-in-Marketing for more info

    Ever want to improve the way ads run on TV? Or the radio, the ‘net or on billboards? How about helping manage the rollout of new products and working to improve the perception of those products by the media? If these possibilities interest you, then you could be well suited to a career in advertising or public relations (PR). The core activity is to take a product whether it be Snapple or Caterpillar heavy machinery and construct promotional campaigns that get people excited about the product. On the PR side you will help to manage the perception of the products. Of course, PR is about much more as well. PR firms help companies, non-profits and governments manage everything from speeches and the look of brochures to major crises. Sometimes it’s hard to tell where PR and advertising are different. These days, in fact, many organizations in the business refer to themselves as “strategic marketing communications consultants.” Overstretched or not, there’s no doubt that this field will continue to change, offering tremendous opportunities to someone with an interest in the area.

    Best Resources on Advertising & PR Careers

    Source

  • Feb 18

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    Points and perks expire. What lasts is the company’s “personality,” as well as a two-way relationship with the customer that reinforces the brand

    But how does a company ensure that its loyalty program achieves effective share of heart? Here are five principles to consider:

    Roots of Loyalty

    The first principal may be counterintuitive to those who work so hard trying to create committed customers: Loyalty is natural. Think about it. Identify with someone or something, then reinforce the credibility of our beliefs and one way we do that is by forming loyalties to them. So we give them repeat business and brag about them to our friends.

    Appealing to the Heart

    The second principle: behavior often comes from the heart.

    We care about performers because we empathize with them. They lay themselves out for us—whether it’s an actor demonstrating raw emotion, a musician performing passionately, or an athlete leaving it all on the field. The common thread is vulnerability, the willingness to expose themselves and take a risk. And that creates a heartfelt response which makes us want to attend the movie, buy the CD, or sit in sub-zero temperatures watching the game (at full price, mind you).

    Take Your Time

    Love takes time. It’s as true in business as it is in romance.

    A Two-Way Street

    The fourth principle may be the most significant because of the damage that can be caused by ignoring it. Put simply, relationships are reciprocal.

    True relationships develop along the lines of give-and-take. Relationships develop only so far as trust develops. And trust develops only by mutual disclosure and the circumspect protection of valuable information. The more data you collect on your customers, the greater the danger that the give-and-take balance will get out of whack.

    It’s More than Numbers

    Fifth, just because you can’t precisely measure something (or measure it easily) doesn’t mean it’s not working. We don’t know how poetry moves the heart but our lives would be much less fulfilling without it.

    Behavior tends to get measured because it can be measured. But measurement can create its own reality and cause the loyalty marketing focus to become too narrowly defined.

    Be polite, be respectful, and be patient with your loyalty marketing efforts and you’ll find that they not only increase short-term transactions but drive long-term affection as well. That affection will pay off for years to come, long after the points and perks expire.

    Source

  • Feb 15

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    Macromarketing addresses big/important issues at the nexus of marketing and society. The principal scholarly outlet for macromarketing research is the Journal of Macromarketing. In a more interconnected world of markets, marketers, and their stakeholders, macromarketing is an important mechanism to study both opportunities and shortcomings of marketing, and both its intended positive effects and unintended deleterious effects. Macromarketing therefore includes an optimistic perspective; it seeks functional mechanisms to enhance marketing processes and systems, to the benefit of the largest number of stakeholders, the world over. The following text borrows heavily from Shultz (2007; in press).

    Macromarketing today

    Today, macromarketing continues to morph, to draw new and diverse followers, and thus it defies neat boundaries, descriptors, and limitations. With its growth and maturation have come new directions in the forms of sub-disciplines, as described by the section editors on the webpage for the Journal of Macromarketing.

    Source

    Also

    Marketing is the act of communicating with your customers. You have to tell them that your product or service exists, so that they can buy it. You have to present it. Then you have to continue presenting it, continue explaining it and continue selling it. That’s marketing. When you stop marketing, you stop selling. It’s that simple. The more money you can continue to spend on marketing the more successful your business will be.

    Macro Marketing is the art of using every possible applicable, appropriate tactic available to simultaneously communicate to the target audience the benefits of buying your product or service.

    Source

  • Feb 11

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    If you are like the majority of small business owners your marketing budget is limited. The most effective way to market your company is to create a well rounded program that combines sales activities with your marketing tactics. Your sales activities will not only decrease your out-of-pocket marketing expense but it also adds the value of interacting with your prospective customers and clients. This is priceless.Small businesses typically have a limited marketing budget if any at all. Does that mean you can’t run with the big dogs? Absolutely not. It just means you have to think a little more creatively.  How about launching your marketing campaign by doing one of the following:

    • Call your vendors or associates and ask them to participate with you in co-op advertising.
    • Take some time to send your existing customers’ referrals and buying incentives.
    • Have you thought about introducing yourself to the media? Free publicity has the potential to boost your business. Position yourself as an expert in your field.
    • Invite people into your store by piggybacking onto an event. What about a concert coming to town, willing to sell those tickets for them? If not, how about a walkathon that is taking place in your area, why not be public outreach and distribute their material?

    When you do spend money on marketing, don’t forget to create a way to track those marketing efforts. You can do this by coding your ads, using multiple toll-free telephone numbers, and asking prospects where they heard about you. This enables you to notice when a marketing tactic stops working. You can then quickly replace it with a better choice or method.

    Source

  • Feb 8

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    The essence of marketing is to understand you customers’ needs and develop a plan that surrounds those needs to create your offers. Let’s face it anyone that has a business has a need and desire to grow their business. The most effective way to grow and expand your business is by focusing on organic growth.

    You can increase organic growth in four different ways. They are:

    • Acquire more customers
    • Persuade each customer to buy more products
    • Persuade each customer to buy more expensive products or up selling each customer
    • Persuade each customer to buy more profitable products

    All four of these increase your revenue and profit. Let me encourage you to focus on the first which is to acquire more customers. Why? By acquiring more customers you increase your customer base and your revenues then come from a larger base.

    How can you use marketing to acquire more customers?

    • Create a strategic plan and spend time researching and planning.
    • Guide your product development to reach out to customers you aren’t currently attracting.
    • Price your products and services competitively.
    • Develop your message and materials based on solution marketing.

    Source