Creating a Memorable Tradeshow Or Event

Are you in charge of an event or tradeshow? Want your attendees to have more fun and provide you with great testimonies? The fastest way to learn anything or generate lasting memories is by creating Intense Emotional Associations (IEAs). Here is an idea that will create a lot of fun emotions and lasting memories try it for event or tradeshow.

Nowadays videos are all the rage and most people don’t mind posing for a video bite here and there. Assign a staff or two to take short videos, 1 minute or less, of the attendees and presenters having fun at the event. While they’re in this Intense Emotional Association (IEA) ask them to give a recommendation (sometimes referred to as a shout out or a sound bite) or testimony about the event, a workshop or a presenter, then ask if they would like a copy emailed to them, you know they all will.

Now you have intensified their emotions and created a lasting memory for them and your event. Be aware due to smartphones the videos would be uploaded every hour or so and emails sent to the individuals, if possible, if not, make it a priority right after the event. The videos will be seen and as always sent to coworkers, attendees, family and friends so now your event grows virally, also these videos can be used for future marketing of events and can be placed on your website as well.

Items you’ll need: A video camera, I recommend the Flip video camera they’re inexpensive and very easy to use and have all the software built right in the camera. Amazon has the Flip Video Cameras for about $100.00. High-speed internet access and a site to upload your videos like youtube.com or kyte.com. A note pad for collecting emails.

Using the Power of Networking for Your Small Business

Networking is one of the most crucial skills any start-up entrepreneur must have. It is an effective and inexpensive way to grow your business by meeting the key people who could become your clients, suppliers and support systems.

In fact, networking is the best marketing device of even the most cash-strapped home-based entrepreneur. It is based on an inexpensive endeavor using a simple skill: talking. As a result, networking is also referred to as “word-of-mouth marketing” because it is based on talking to people about what you do and listening to find out how to serve them. The best networkers do not even know that they are networking – they are simply being good conversationalists; adept at becoming visible; talking and responding, and getting to know people.

However, many people are put-off with the idea of networking. Some view the practice akin to “politicking” requiring an extremely outgoing personality willing to approach anyone who would care to listen. Many start-up entrepreneurs also have a hard time approaching other people – particularly strangers – about their business. It may be the fear of speaking out to a total stranger, or the fear of coming on too strong or aggressive. Others let their insecurities take the better or them, while some people fail to network simply because of laziness. As a result, many formal gatherings and social situations become lost opportunities to spread the word about their business.

Everyone you meet is a potential customer or a valuable contact. Well, maybe not the old lady you met in the library if you are selling shaving cream. But then again, that old lady may have a husband, son or nephew who could use your product. Marketing is simply spreading the word around, and it is a big loss if you continuously pass up opportunities for networking.

Schmoozing pays. In fact, the growth of any business is directly correlated to the number of people who knows about it. Doing more of networking allows you to develop more contacts in your field and to exchange information with your prospects. It can help you find out the concerns of your prospects and who is fulfilling them; what’s happening in your industry; and who needs what and who offers what. It is basically an entrepreneur’s tool for relationship building.

Successful networking entails harnessing your people skills. But it doesn’t happen overnight, particularly for those who are not natural social butterflies. It requires careful orchestration and good manners, too. Here are several steps to help you become an effective networker:

1. Prepare a plan. Networking goes beyond greeting people. You need to prepare a step-by-step plan for how you’ll build relationships and how you can effectively tell your story. It entails getting to know people who will either do business with you or can introduce you to people who will. When people ask you what you do, make sure you have a clever opening line to introduce yourself and your business.

2. Use social networking sites. LinkedIn http://www.linkedin.com , Facebook http://www.facebook.com and even the microblogging site Twitter http://www.twitter.com are excellent venues for virtual networking. Whether you are looking for potential partners, web site or blog contributors, or strategic partnership opportunities, these social networking sites allow you to expand and nurture your network in the comfort of your computer screen. LinkedIn, in particular, is most suited for professional networking as you can easily see the work and business background of the person.

3. Learn to communicate more easily. To be a good networker, you need to work on your ability to make small talk. You need to be able to articulate what you do in clear, easily understandable, and memorable way. Imagine yourself in a cocktail party or industry luncheon full of potential prospects. Set a goal of meeting at least two people in one event, slowly increasing the number as you become more comfortable with the art of schmoozing. Once you are at an event, do not stand around with appetizers in hand waiting for other people to approach you. Go out, head straight to people you do not know, and start a conversation. This will help you gain the interpersonal communication skills that you need. You will defeat the purpose of networking if you continuously stick with familiar faces. Get interested in what others are offering or saying without being abrasive. Good networkers are good listeners, too.

4. Identify your prospects. Know your most likely market, and learn where you will find them. Research as much as you can from the ideal prospects for your business. How do they get their information? Do they live nearby? What activities do they participate in? What organizations do they belong to? The more you know about your customers, the easier you can reach them.

5. Start with people you know. Look at your roster of friends, colleagues, acquaintances, and people you have come across in your lifetime. From among your friends, identify whom you think might be able to help you the most.

6. Get involved. A key to successful networking is to get involved and grow your people skills. Participate in organizations, events, professional groups and social clubs that offer opportunities for you to meet and greet. Participate in numerous networking groups, join your chamber of commerce, and attend conferences and training seminars. With the advent of the Internet, you can also network in online newsgroups and discussion boards. The key is to list every opportunity to network and develop win-win relationships with your contacts.

7. Make networking a part of you. Make it a point to meet new people wherever you go – whether you are on the plane, waiting in line at the bank, or fetching your child from school. Be generous in giving away your business cards, it’s an effective selling technique.

An established business has the luxury of satisfied customers spreading the word about the business. Until your business is self-sustaining, you need to start opening your mouth, spreading the word about your venture to all your friends, relatives, acquaintances, then later on, even strangers.

by Isabel M. Isidro Brought to you by DLDESIGNSONLINE.COM

5 Steps to Creating a Profitable Niche for Your Small Business

Focusing on untapped niche opportunities is often the best approach for a small business. Success is easier to attain if the small business focuses on a more specific and smaller area of its target market, especially during the start-up period, instead of covering the entire spectrum of a particular market. Today’s business environment is so competitive that a cash-strapped small business best bet is to focus on developing niche products where competition from large firms are not nearly as large.

Take the online auction market. With the market dominated by the giant company eBay, smaller start-ups are specializing and concentrating in a specific segment that the big players may not be serving well. There’s Playle.com focusing on the online trading of vintage postcards, stamps and other collectibles. Bid4parts.com is an auction site for automobile, parts and accessories. Bidz.com specializes in jewelry and accessories. PotteryAuction.com deals exclusively with potteries. WineBid.com is an auction site for rare and fine wines.

Why does niche marketing make sense for a small business? You are able to more clearly define what you – and it is easier for your prospects to understand exactly what you know. By having a specialty, you are able to demonstrate a clearer and precise image. The narrower your niche, the easier your chances of establishing yourself as the authority in that niche and for people to perceive you as the expert. Also, the easier it is for clients, prospects and referral sources to remember exactly what you do.

The more narrow your niche — and the more effective your marketing program — the more your business will soar. It’s no exaggeration to say that when you focus on one narrow niche, the sky’s the limit.

Here’s how you can create and profit from your own unique niche:

Step 1. Determine the approach you want to pursue. You can decide on your business approach in three ways: by the services you offer, by the types of customers you want, or by a combination of both providing certain types of services to certain types of clients. It is important to get a clear idea of exactly whom you want to serve and what you want to do for them.

Using the online auction business example above, you may decide to provide person-to-person auctions where you mostly deal with individuals (although some companies are also joining in the auction game). Or you may engage in commercial auctions, which feature companies selling their products in an auction format. Another type you can focus on is real-time Webcasts, which are live auctions that are broadcast to the Internet and participants can bid either from the auction premises or from the Web.

You can also choose to focus on the types of customers you want to serve. Do you want to work with coin enthusiasts? Or do you want to provide auction services for car lovers and users? Do you want to focus on customers engaged in the buying or selling of jewelry? Or do you want to focus on people who want to trade in high-brow art?

Another possible approach is to combine your choices. You can approach your online auction service by providing a particular type of service to a particular types of clients. For example, you can choose to focus on an online auction website for antique traders in the United States, or an exclusive auction website for the high-end wine dealers.

Step 2: Create a new playing field. It is important to define your unique selling proposition that will define your competitive advantage. You need to identify what makes you different from your competitors and emphasize these advantages in your marketing. Avoid the generic trap, where potential customers see you business as just one of these online dating websites.

Differentiate your business. What sets you apart from your competitors? What makes your business special that customers should come to you instead of other sites offering dating services?

Step 3: Describe your niche or area of specialization. After careful thought deciding on your niche, it is time to give it a name. The term you describe your niche should strike a balance between the need to set you apart from your competitors and to accurately describe your marketing process in terms your customers can relate and understand. Use fact-oriented descriptive words, instead of using fluff, hyperbole or combinations of nonsensical words.

The name you choose should describe your niche as accurately as possible, while making sure that the name is broad enough to encompass all the services that you offer.

Step 4. Actively market your new niche. What good is going through the difficult process of creating your own niche if nobody knows that such a niche exists? Get out there and let your prospects know that there is such a thing as your niche. Let them know that this new niche offered by your business is exactly what they need and what they have been looking for. Create the want for your niche.

Be prepared, though, to spend time educating your target market. Given the newness of your niche, your potential customers may not know what your niche is all about. They may not understand that your niche offers everything they need. Be willing to spend time and resources educating your target market.

Step 5. Integrate your new niche in your marketing messages. The last step is to instill validity in your new niche. Your prospects (and even your competitors) should be led to understand that this new niche is for real; that it exists and genuine. They need to take your newly created niche seriously, and not think that the niche is just some made-up fragment of an entrepreneur’s wild imagination.

To achieve credibility, you need to reflect your new niche in all your marketing materials. It should be clearly mentioned, even highlighted, in your brochures, websites, advertising campaigns, and press releases, even in your business cards. Constantly reinforce the message about your new niche, and how it can benefit your target market. Think of your new niche as your sound bite that you need to repeat over and over again, if only to make sure that your audience actually “gets it.”

Your new niche can offer you the strongest competitive position in your market, and paves your road to entrepreneurial success. By creating your own niche, you are able to portray the role of a pioneer and an authority in your area.

So how do you know your new niche is right? Of course, your prospects flock to buy your products or hire your services because you are different from the rest of the pack and you are offering potential customers exactly what they want.

by George Rodriguez. Brought to you by DLDesignsOnline.com

Quick! Tell Us What KUTGW Means

he Wall Street Journal | By STEPHANIE RAPOSO, AUGUST 6, 2009, 6:42 P.M. ET

Kate Washburn didn’t know what to make of the email a friend sent to her office with the abbreviation “NSFW” written at the bottom. Then she clicked through the attached sideshow, titled “Awkward Family Photos.” It included shots of a family in furry “nude” suits and of another family alongside a male walrus in a revealing pose.

After looking up NSFW on NetLingo.com—a Web site that provides definitions of Internet and texting terms—she discovered what it stood for: “Not safe for work.”

Say What?
A sampling of some popular shorthand texting terms.

* UG2BK . . . . . . . You got to be kidding
* GBTW. . . . . . . . Get back to work
* NMP . . . . . . . . . Not my problem
* PIR . . . . . . . . . . Parent in room
* GFTD. . . . . . . . . Gone for the day
* FYEO. . . . . . . . . For your eyes only
* BI5 . . . . . . . . . . Back in five minutes
* DEGT . . . . . . . . Don’t even go there
* BIL . . . . . Boss is listening
* PAW. . . . Parents are watching
* 99 . . . . . . Parents are no longer watching
* PCM . . . . Please call me
* IMS. . . . . I am sorry
* TOY. . . . . Thinking of you
* KUTGW. . Keep up the good work
* CID . . . . . Consider it done
* FWIW. . . For what it’s worth
* HAND . . . Have a nice day
* IAT . . . . . I am tired
* NRN . . . . No response necessary
* 4COL. . . . For crying out loud
* WRUD. . . What are you doing
* LMIRL. . . Let’s meet in real life
* ^5 . . . . . . High five

“If I would have known it wasn’t safe for work, I wouldn’t have taken the chance of being inappropriate,” says Ms. Washburn, 37 years old, a media consultant in Grand Rapids, Mich.

As text-messaging shorthand becomes increasingly widespread in emails, text messages and Tweets, people like Ms. Washburn are scrambling to decode it. In many offices, a working knowledge of text-speak is becoming de rigueur. And at home, parents need to know the lingo in order to keep up with—and sometimes police—their children.

One reason for the surge in texting abbreviations—more than 2,000 and counting, according to NetLingo—is the boom in social-media sites like Twitter, where messages are limited to 140 characters. Text messages, too, are limited in length, so users have developed an alphabet soup of shorthand abbreviations to save time, and their thumbs.

Taking time to learn the jargon may seem like a WOMBAT (“Waste of money, brains and time”). But with over one trillion text messages sent and received in the U.S. last year, according to CTIA-The Wireless Association, an industry trade group, you run the risk of feeling out of it if you don’t.

“If a CEO does not appear to be tech-savvy, people may start to wonder, ‘Is the company not plugged into today’s technologies also?’” says Stephanie Grayson, a corporate speech and media trainer based in New York.
Translation Sites

The confusion has given rise to a number of resources that provide English translations for terms like WRUD (“What are you doing?”) and TTYL (“Talk to you later”)—among them independent Web sites like NetLingo.com and UrbanDictionary.com and corporate ones like LG Mobile Phones’ DTXTR.com. Textapedia, a pocket guide to texting terms released last year, is sold in over 4,000 stores nationwide. NetLingo reports a 391% increase in the number of unique visitors over the past five years, while UrbanDictionary says it saw a 40% jump in its unique visitors last June from June 2008.

Both the AP Stylebook and Merriam-Webster Dictionary recognized texting shorthand for the first time in their 2009 editions, which were released in June. The AP Stylebook now includes IMO (“In my opinion”), ROFL (“Rolling on the floor laughing”) and BFF (“Best friends forever”), among others. Merriam-Webster defines LOL (“Laugh out loud”) and OMG (“Oh my God”).
Related

* Texting Truckers, Motorists on Mobiles and Other Reasons Why I Hate Driving
* Cellphones: Better Than Your Spouse and/or Alcohol
* Iowa Teen Wins Text-Messaging Championship
* Beware ‘Cellphone Elbow’
* Its Ovr: Breaking Up by Text Message

“These abbreviations have shown they are very likely to be a part of our language for a long time,” says Peter Sokolowski, editor at large at Merriam-Webster.

Branding strategist Elizabeth Kanna, 50, maintains a “Mom’s Text Talk Sheet,” a cheat sheet of over 30 textisms created and updated constantly by her three teenage daughters, on her desk at work. Ms. Kanna, who lives in Sacramento, Calif., says she refers to it daily as many of her clients prefer communicating through text shorthand like SWDYT (“So what do you think?”) and WDYM (“What do you mean?”).

Bert Martinez Communications LLC, a Houston-based consulting firm, hired a 20-year-old and two teenagers last fall to help teach texting vernacular to its staff of six. “It gave us the confidence that we could use the lingo and connect with the younger clientele on their level,” says Bert Martinez, president of the firm, which now conducts about 20% of its communication with clients via texting.

Teenagers, for their part, text in code for a reason, says Anne Mitchell, president of the Institute for Social Internet Public Policy, based in Boulder, Colo. “It is usually because they are involved in activities which they don’t want their parents to discover, such as casual sex, drugs and alcohol,” she says. Indeed, parents may be startled by such popular terms as GNOC (“Get naked on camera”), POS (“Parent over shoulder”), LMIRL (“Let’s meet in real life”) and IWSN (“I want sex now”).

OMG!!!! WSJ’s Andy JORdaN witnesses the crowning of AmErica’s top txtr. It’s LOL!

Susan Avery, senior editor at ParentDish.com, AOL’s parenting Web site, says she has observed parents becoming more concerned about not knowing what their kids are talking about. “The best thing is to embrace it and use it as a bonding experience with your child,” she says.

Shannon Snyder, a writer in Vancouver, B.C., uses DTXTR.com to monitor her children. “I don’t want my kid to be the racist or the rude kid because he’s repeating a random composition of letters he heard someone else say in school and thought it was cool,” says Ms. Snyder, 34.

The fact that 15-year-old Jack Beisel’s mother uses texting shortcuts like HBU (“How about you?”) and CIL (“Check in later”) strengthens their relationship, he says. “It makes her seem like she’s a little more understanding about modern culture,” says Mr. Beisel, who lives in Bayport, N.Y.

The consequences of misunderstanding the lingo can be mortifying. Cassandra McSparin, 23, of Jim Thorpe, Pa., knew a woman whose friend’s mother had died. The woman texted her friend: “I’m so sorry to hear about your mother passing away. LOL. Let me know if there’s anything I can do.”

It turns out she thought LOL meant “Lots of love.”

Write to Stephanie Raposo at Stephanie.Raposo@wsj.com

Are you the victim?

Are you a victor or victim? I’m against being a victim cause victims sound weak. Sales can make anyone turn into a victim easily because sales people to overcome a lot crap. Victims are avoided after a while. Victims are seldom listened to because the have lost their credibility. Victims are never respected. And in general, nobody wants to hang around with victims. Well, except for other victims, of course, because like attracts like.

Just think for a moment about what you say when something doesn’t go your way or rather the way you act it. Review the last experience when you a big sale. Think for a moment about how and what you said to yourself, the body language you used and your tonality. If any of those reactions or responses contain victim like attitude, like whining, put downs, – stop it or you’ll become a victim.

You see the your goal is for you to become a victorious sales person whether or not you close the sale. Victors don’t whine. Victors learn, they overcome, they master themselves. It’s easy to up beat when life is going your way, but guess what the BIG profits are in the problems.

Free Publicity or Keeping Tabs on Competitor for Free

Google has a very helpful service which can help you get more publicity or keep tabs on your competitor. And the best part it’s FREE!

It’s like a having an media clipping service which scrutinizes both the web and Google News database, then sends you an email as soon as something you’re interested in appears in the search results.

For instance, let’s say you’re a big fan of “Star Wars”. You can set up a Google Alert for
“Star Wars”. Then whenever Google finds any mentioned in a top news story or on the web, you’ll get an email including the web site address so you can go see where
and how “Star Wars” is mentioned.

To set up your own Google Alerts for free, just go to http://www.google.com/alerts (read further down for using this service and its paid alternative).

The exciting thing is you can use this service to grow your business in all sorts of ways.

Some of the obvious ways to use it include setting up alerts to see what others are saying about you online, ‘discover’ what they saying about your competitors, find out about new developments in your field of expertise and/or discover some other prominent with whom you might want to ally yourself in some way.

This service is also one of the best publicity tools ever created and it’s FREE! Here are three tips to use Google Alerts to get media exposure:

STRATEGY #1 –
Obtain IMMEDIATELY publicity by tying-in with breaking news stories.

One of the best and easiest ways to get FREE publicity is to be able to comment on what’s already in the news. For instance, one of my clients, Gerry Robert, book writing coach, wealth expert and author of Millionaire Mindset.

One of the strategies we employ whenever an alert pops up having to deal Wealth, Book Writing, Economy somewhere in America or Canada, you need to contact newspapers and radio/TV shows in that city immediately and let them know you can comment on what’s happening.

Robert then asked, ‘But how will I know when a related story hits the news?’

My answer: “Google Alerts.”

The results will blow you away!

STRATEGY #2 –
Building friendships with media contact who discuss your topic.

Another of my clients, Patrick Snow, also uses Google Alerts service in a very systematic way to get publicity.

Here’s what Patrick does: First he set up alerts to track stories written on his area of expertise, which is Success, Selling and Families.

When he gets an alert email pointing him to a good story on that subject, he then sends the journalist who wrote the story a short email saying he enjoyed article and offers a sincere compliment.

His email stands out because journalists don’t often hear from their readers and when they do it’s usually to complain. Within his email Patrick mentions his website CreateYourOwnDestiny.com to reinforce his credibility.

If the journalist writes him back and thanks him for his comments, Patrick then offers to send them a free copy of his book and mentions he’s happy to be a resource for them on any future stories they might do on this or similar topics.

Patrick Snow has made the front cover of USA Today and multiple TV/Radio interviews.

STRATEGY #3
The Hook is more than Book

Authors are always asking me about a good ‘hook’ or angle should be when approaching the media. I’ll immediately ask them, “What hooks have others used in your industry?”

Usually they don’t know, but by using Google Alerts (or even just searching the Google News database at http://www.google.com/news) you can quickly find video clips, articles in which others with similar expertise are quoted.

For example, let’s say you’ve written a book about Selling. Suppose also that you’re based in Houston. One day you discover a story in the New York Times about Selling in the New Economy. Well, if it’s newsworthy in New York, it’s probably going to be considered newsworthy by the media in your city. So pitch your local media on doing the same story, only this time they’ll be interviewing YOU as the expert.

Here are a few words of advice on implementing this strategy:

Use quotation marks to narrow your alerts, for instance, I have an alert set up for Bert Martinez and because he’s not the only person in the world with that name, I was getting a lot of off-target alerts. Every time Bert or Martinez pop up I received an alert by using “Bert Martinez” it allows be to receive more exact searches.

Boosting Holiday Sales – 5 Mistakes to Avoid

The new holiday season has arrived, and you still don’t have a marketing plan to reach out to new or existing customers. Wondering why the same holidays seem to sneak up on us every single year? As we try to prepare ourselves for own family, shopping, gift giving and travel, it’s no wonder we often forget about our businesses marketing during all the holiday chaos.

It’s quite common for business owners to freeze their marketing efforts over the holiday season with the notion that they’re going to start strong in the new year; little do they know, however, just how many opportunities have passed them by.

The holidays can be the best time to bring in new business and reconnect with current clients and customers. The holidays are not just for brick-and-mortar stores; it can also help your business by boosting revenue and customer loyalty before the end of the year.

Here are the top five holiday marketing mistakes businesses make:

1. No Plans. Your holiday marketing plan should have been planned at the beginning of the year, but now it’s the holiday season, so what do you do? Take some time today to decide what you are going to do and offer for the rest of the holiday season. If it’s just too late, then start planning now for the next holiday. Also establish the habit in 2010 to set a marketing calendar at the beginning of the year that can serve as a blueprint for your marketing plans year round.

2. No Communications. Although the Christmas holiday season is frantic for most, for some businesses it’s actually the slowest and the best time to pick up the phone and make a call for their business. Many business owners mistakenly think that offices are closed or people are too distracted or busy to be bothered. If you choose not to follow up with leads or customers because it’s a busy time of year, you’re making excuses. If it’s not this holiday, it’ll be the New Year, or Valentine’s Day or Spring break, then summer. Now is the best time to market precisely because so many of your competitors don’t.

3. Zero Holiday Offers. Remember any product or service can be repackaged with a holiday offer or theme. Search online to see what other companies are offering; it might spark an idea or two for your business. People, for the most part, love the holiday season; they like to focus on gift giving, vacations and family time. So if you don’t provide a holiday special or offer that helps them with their needs, you are missing a great opportunity.

4. Not Sending Holiday Greetings. Take a few hours out of your day and hand write a holiday greeting card. There are automated systems such as SendOutCards.com where you can design your own card (to add a personal touch) and you can even send a gift with the card, this service will put the postage on the card and send it for you, saving you a trip to the post office. AT the very least send out an email card. Your customers have been loyal, bought from you and supported your business year round; you need to let them know that you are not only thinking about them over the holidays but that you are grateful for their business.

5. Customer Surveys. How are you going to know what worked and didn’t if you don’t ask? Find out what worked and what didn’t, look at your systems and your marketing, and then make improvements and enhance your current offerings. Aweber.com has great online survey templates. Offer a free gifts or discounts to customers who take the time to complete your survey. If you keep doing what you have always done, you’ll keep getting what you’ve always gotten.

Bert Martinez is an International Sales and Business trainer. Martinez specializes in building businesses worldwide using the power of proven marketing and business strategies.

Want to Increase Your Sales? Target Your Ideal Client

When it comes to increasing your sales, there is a basic principle that you must remember:

Your prospects buy the Benefits to fill specific needs or wants.
Your job as a business owner is to know, understand and deliver the benefits they’re looking for, which will differ depending on the needs of the customers, even for the same product or service. Therefore, it’s critical that you know multiple benefits for each of your products and services. And know exactly what your prospect’s needs and wants are. This is the essence of marketing: to create a match between your buyer’s needs and wants and your lists of benefits.

There are two primary categories of information that will help you with this determination.

The first category is demographics. These are the characteristics that identify the ability, need and interest of a client to purchase your product or service. Demographics define those clients who need what you sell.

The second category is psychographics. These are the factors that identify the motivation or reasons why someone wants to buy your product or service. Psychographics define those clients who want what you sell.

As you identify your prospects’ wants and needs, based upon their demographic and psychographic characteristics, then compare this data with your own wants and needs, you will gain greater insight into your ideal client. And once you accurately target your ideal clients, you’ll spend less time and money to acquire them.

To start, you must research your current clients – the ones you presently deal with day in and day out. Select at least three of your current clients to interview. Perform the demographic research by personally interviewing these clients either on the phone, or in person.

Your Retail Consumers: You must know your consumers; invest some time to understanding your prospects. Find the answers to questions like these:
· Who are your current clients men, mostly women, do they represent a 50/50 mix?
· Is there a certain age or age range that tends to buy from you?
· Are most of your typical clients single or married?
· Do they have high school or college graduate or some where in between?
· Do you know their approximate income level?
· If not, do you know what zip code they live in? (Most zip codes contain homes or apartments that represent specific income ranges.)

Your Business Buyer: If you sell to businesses, interview at least 5-7 typical businesses you sell to. Find out the number of employees they have and their location to learn about their company culture and the number of subordinates you may have to speak with in order to get your sales message to the decision-maker.
When you in other cities, you may require different approaches. For example, you may need to position your product or service differently when selling to a Manhattan based business compared to a Houston based business. In some cases, that difference can be day and night.

Traits and Patterns
When you have completed the interviews, compile all of the information to determine commonalities among your current clients. Collecting this information will help you find the traits they have in common, which will help in future marketing.

Having this demographic information will help you create a picture of your current clients. By identifying this client with demographic information, you can later begin your lead-generation efforts, and create a marketing message that is laser-targeted toward your ideal client. So take your time and be as specific as possible when completing these interviews.

It will pay off when you have a steady stream of ideal clients, increased sales revenues, and more profits.

Remember whether you’re selling to businesses or retail consumers 80% buy with the 5th -12th follow-up.

How to ‘Couch Surf’ and Sleep Around for Free

Fox News|By Paul Eisenberg -Thursday, October 01, 2009

“I would never in a million years pay what you pay in New York City rent,” my houseguest said.

This statement was uttered a few years ago by a friend of a friend of a friend who had just regained consciousness on my living room couch. My response, according to witnesses, was “Well, then I guess you’re lucky you get to stay here for free.”

My guest’s comment was probably made in a more good-naturedly fashion than I recall, and neither of us had had our coffee yet. But let’s face it, while there are no official rules of conduct for houseguests, one of the basic ones ought to be refraining from remarks that make your host feel like an idiot for living where he does.

If you’ve ever hosted an overnight traveler or been one, you’ve likely walked this sometimes tricky terrain. With no money changing hands, what further obligation do you have as the host? What should you say and do as the guest?

Whether you’re planning to crash with friends or family, or are heading to an exotic destination where they don’t have the courtesy to live, there are a growing number of ways to sleep for free on vacation that are easy and fun. And the rules aren’t all that complicated.

Catch the couch surfing wave.

In case you’re late to the party that is the worldwide phenomenon of couch surfing, it’s generically defined as the act of crashing on someone’s couch, or letting someone do the same, with no money changing hands. Recently, this practice has been somewhat formalized at couchsurfing.org, a website enabling surfers and hosts to find each other and share experiences.

On a whim this summer, travel guidebook writer Erica Rounsefell headed to Great Britain. Couch surfing figured into her visit to York, England, where she stayed with a “dentist originally from Poland. He and some friends of his took me on a road trip through Yorkshire, visiting the seaside at Whitby, an historic abbey, North York Moors National Park, and culminating in a musical performance in the village of Harrogate.” Not incidentally, she saved “at least $1,500 on what I would have had to spend on hotels, but more importantly I met local residents that I never would have gotten to know otherwise.”

Hosts don’t particularly expect anything in return, Rounsefell says, though couch surfers find that the best way to reciprocate is to act as hosts themselves. However, some surfer guests make exceptions for particularly good “service.” One of Rounsefell’s hosts “was very interested in Pakistan and we had a good discussion about it, so I got the book ‘Three Cups of Tea’ for him. Some travelers cook a meal from their home country to share with their hosts, but there’s no expectation on the side of the host.”

Indeed, a surfer visting health coach Melissa Wood’s house cooked her dinner by way of payback. But when Wood offered to buy breakfast for some hosts she crashed with “they said they always buy for the guest, because to them it seems like the thing to do.”

For six of the years he lived in Amsterdam and Dubai, corporate executive Michael Flink hosted more than two dozen travelers, some of them couples. “For me it was a way to meet different people, from all walks of life and all cultures. It may sound strange to open your house to strangers, but only once did I have a bad experience, and that was mild – someone who just wanted to stay longer and wouldn’t take no for an answer until I walked them out.”

Flink concurred with other surfers and hosts that the best payback from the experiences was enduring friendships, though he adds “in terms of little thank yous, a couple from Estonia brought me a bottle of their homeland’s well known booze…and a guy from Poland shared his ‘how to pick up women’ secrets, which eventually led me to meet my wife.”

Stay at (a) home.

By traditional definition, a homestay typically entails renting a room in a family home. But with several homestay services, such as Servas, no money is paid to the host, though the traveler is required to pay Servas a membership fee that varies from country to country. Unlike couch surfing, whose community of hosts and guests is self-policing, Servas reps need to interview and approve potential hosts and guests, all of which must be 18 or older.

“I rarely stay in hotels. Mostly, I visit people in their homes, make new friends, have more fun, and enjoy a much higher quality trip,” says Shel Horowitz, author of “The Penny-Pinching Hedonist: How to Live Like Royalty With a Peasant’s Pocketbook” who has done homestays with Servas for more than 25 years.

His typical stay, whether in the United States or abroad, is two nights and he confirms that “no money changes hands, though there is an annual membership fee and we usually bring a small gift.”

Tour leader and Trip Chicks co-owner Ann Lombardi, who has overnighted in more than 70 countries, says her US Servas membership letter of introduction has been a lifesaver. “I’ve used it for last minute homestays when my flight or train is delayed or cancelled, or there’s a problem with a hotel booking.” As with the other lodging scenarios, good advice for and from travelers is often a happy fringe benefit.

“I can call a member if I am in the area and ask if he or she can recommend a good value restaurant,” Lombardi says. It’s like Twitter, but the old-fashioned way.”

Barter a bed.

In the spirit of the expression that “the most expensive suit in your closet is the one you never wear,” many travelers in our sour economy are looking to trade their unwanted and unused stuff for big-ticket travel items, including housing.

The site swapthing.com permits you to barter your unused stuff for just about anything, including timeshares and apartment rentals. Similarly, milehighswap.comlets you trade your unwanted things for airline miles as well as mileage for stuff that might include housing.

Motivational coach Bert Martinez says he has also successfully placed ads on Craigslist.com and Kijiji.com to barter for travel. “As a speaker and trainer company we have had a lot of success trading and bartering for items including airline tickets, hotels, time-shares and condos,” Martinez says. “I estimated we routinely saved thousands of dollars by not using a traditional hotel experience.”

10.5 Biggest Mistakes to Avoid When Starting A Business

The following list is derived from my experience. Based on my actions and results I retired from corporate America at the age of 28. Filed bankruptcy at 30. I’ve been involved in several successful businesses and many unsuccessful ones too.

#1 – Never let your expenses exceed your sales. Yeah, I know that’s easy to say, because you say “Jeez, that makes perfect sense, if my expenses never exceed my sales then quite honestly I’m always going to have positive revenue. I’m always going to be in the profit. Wow. That’s fundamentally smart. But c’mon Bert, it doesn’t work that way in the world. Why? When we start out we don’t have any sales yet, and so our expenses have to exceed our sales on day one.” And you’re correct. That’s true, so I want you to have a concept, a goal or even a burning desire. That you will make those days the fewest number of days absolutely possible that your expenses are exceeding your sales.

#2 – Failing to collect the money or the receivables. Question – Should you really be extending credit to people? I don’t care what business your in retail, wholesale, hospitality, legal, or whatever. Selling is what you about not carrying receivables. Don’t extend credit, get paid now! Look fewer customers that have paid you 100% are way better than having more customers when some of them didn’t pay you at all. More cash, less stress – you don’t have to be real smart to do the math.

# 3 – Failing to take care of your employees. People have say that the customer is number 1 – right? Maybe not. Well who is taking care of your customers? Your employees handle quality and service and delivery? Well if you haven’t taken care of your employees, they’re probably not going to take care of your customers very well. It’s just that simple. It’s goes without saying that if you do take care of your employees, they will take care of your customers.

#4- Failing to take care of your customers. Real simple the easiest customer to get are existing customers. There is usually more profit in repeat customers than in new customers. A happy customer is a good customer a good customer refers more customers. Take care of your customers and they will take care of you.

#5 – Underestimating your competition. We can, no matter what business we’re in, we think of our competitor as dim-witted, we think of our competitor as incompetent. Remember this -our battle isn’t against them. It’s for the customer, not against our competitor. We don’t win by doing damage to the competitor. We’re not in a battle with him really. We’re in a battle for someone else. So quit thinking about the competitor and start thinking about your competitor’s customers.

#6 Inadequate capital – Now I’ve started business with no money because I had to but then you quickly come to realize that you do need money to operate. You do need capital to grow the company and get to the next level. And here are 2 rules you should remember about capital. And, just in case your not clear, capital is the money we need to fund the organization, to buy the inventory, to hire employees, to do all those things that we’re going to need to do. Well here’s are 2 rules you need to appreciate. Is that your expenses are going to be hirer than you anticipated and your revenue is going to be slower than you anticipated. Those two statements are true in 99.99% of every single business that has ever started. Well that’s what happens. It happens almost all the time. Because we are optimistic, if we weren’t optimist we wouldn’t have started a business. We over-projected what our revenues are. What I’m telling you as a practical, experienced businessman lower that number. Now if you beat, if you excel… wonderful! Find a place to spend it. But if you have shrunk it down, conservative in your projection then you might be safe.

#7 Underestimate the length of time to break even. The break even is a magic moment in the making of a business and if you don’t understand let me try to explain the concept to you. Break even is that magic point when you quit putting money into a company and the company is finally sufficient enough that it starts to pay for itself or is finally starts to pay you for having been there first.

# 8 Focusing on profits instead of on cash flow. Business people, when they first start out, they focus on profits instead of on cash flow. And I know this is going to sound like sacrilege to some people saying well,” aren’t we supposed to be all about profits? absolutely, and yes! And we want to get there as fast as we possibly can! But before we get there we have to make sure something else happens first, and that is that we always have positive cash flow. We always have enough money to pay the rent. We always have enough money to pay out employees. We always have enough money to buy more supplies, to do more marketing, that’s really crucial. That’s called cash flow. Profits will follow the cash flow I guarantee it. Now there’s a different in being profitable and having positive cash flow, you can be unprofitable where you’re actually losing a little bit of money but still have positive cash flow. I’m telling you when your first starting a business, if you have to pick between the two, now if you could have both of them, great go get both of them and that would be wonderful, but I also will tell you from experience getting both of them when your first starting out is really going to be complicated. You’re going to have to make a decision between the two. Pick cash flow when you’re first starting your business.

#9 Over estimating size of your market. Entrepreneurs are optimists and we tend to have this attitude that everyone is going to want to buy what we have – that just doesn’t sell. Get over it. Just come to understand that it’s not going to happen. So what you need to be able to do is think about Bottom Up Marketing. It isn’t how many potential, how many people are out there, it’s about what you can you really do. Bottom Up Marketing looks at your capacity. So if you’ve got 1 employee, 3 employees, 7 employees, that’s all you can handle. It doesn’t matter how many people might want your widget. You can’t handle it! So think coolly about the real size of your market and don’t ever estimate it because you can’t handle it right now. You only need enough market to handle the capacity you presently have, and if you can do that efficiently you will be profitable, and if your profitable you’ll be successful and if your successful you can grow the company again, and again, and again. Do a little research on “Bottom Up Marketing” and you have a better understanding of the concept

#10 No Advertising/Marketing plan. So how are you going to drive your sales through advertising or through sales people. You need to develop your marketing plan, you need to have enough capital to drive sales. I’ve seen to many times were entrepreneurs will invest all this money in equipment or to get the doors open only to discover they have no way to adequately drive sales.

#10.5 – Exit strategy. At one point, P.T. Barnum noticed that people were lingering too long at his exhibits. He posted signs indicating ” “This Way to the Egress”. Not knowing that “Egress” was another word for “Exit”, people followed the signs to what they assumed was a fascinating exhibit…and ended up outside. So what am I talking about? We should start a business that we can create and build something that we can sell, transfer, dispose of, or hand off to someone else. That should be a goal maybe the first goal as you begin to vision your successful business.

Remember . . . You Were Created to Succeed!