What Is Marketing - New Definition

Written by Zealus on February 6, 2008 – 2:44 pm -

Robert Kingston at SmallBusinessBranding.com shared a new definition of marketing by the American Marketing Association:

Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.

What amuses me is that this is a definition done by marketers for marketers. It adds nothing to the understanding of concept or, as a matter of fact, a reasoning a small business owner should include a Marketing row in his cash flow statement.

I am not a marketing professional, only learning, but for me this definition is like saying the water is wet. I’d rather had someone explain all this in English. My own versions of definitions would look closer to the following statements.

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Popularity: 30%

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Small business survival - 5 DON’Ts

Written by Zealus on January 2, 2008 – 1:01 pm -

During the course of creating e-Commerce web sites we get a lot of similar questions. This post contains five major DON’Ts for starting E-commerce entrepreneur. This is not, by any means, a concise guide, just answers to most commonly asked questions.

Don’t be afraid of Google, Yahoo and anyone else. It has been said numerous times - don’t think about search engines, think of your target audience. If you are in the business of selling widgets - write couple of good reviews on latest widgets, provide decent photos, build a reputation of a vendor who knows its widgets and not just sells stuff. Google likes good content as do your customers. One reason why I prefer to shop at Amazon and NewEgg - is because I can read reviews (including those of customers) and see lots of pictures.

Don’t be afraid of competition. Whatever you do (or decide to do) - there always will be a competition. Think of the ways you can do better then competition. Target niches, provide more information, stand out. If you sell what everyone else sells (like knock-offs, replicas and such) - be one step ahead, write a review, describe why people buy knock-offs, why yours are better then a shop next door.

Don’t forget to follow-up. This way your customer will know that you are serious seller, even if you sell one dollar widgets. Sending e-mail is as inexpensive as it could be. Even follow-up e-mails can be automated (schedule sending of an e-mail in your e-commerce system to your customers, 7 days upon successful finalizing of the order).

Don’t force your customer to register in order to check-out. Always offer a no-registration check-out option. You still be able to collect all the information about a customer you need, but you will save them a minute or two during checkout process and (this is more important) save them a hassle of remembering their password next time they are at your virtual door. They will register once they realize they return often enough.

Don’t overwhelm  your customers with all the current promotions and e-mails. Maintain a database of how many times you have e-mailed each customer. Try this trick: if you have sent out around seven promotions and a certain customer never visited any links from those e-mails - generate another e-mail that will ask the customer if he/she wants to unsubscribe from future e-mails. Unsubscribe automatically if no responce is given. Chances are hight that all your promotional correspondence ends up in Spam bin, so there is no reason to overload your servers or pay for e-mail delivery for this customer. On the other hand - it may alert customer and enact him/her to actually confirm subscription and look closer to your deals.

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Small business resources - promote and advertise your business

Written by Zealus on October 2, 2007 – 4:40 pm -

Bank of America has this bunch of very useful online workshops on advertising and promoting your business. Click here for list (opens in a new window). Even though most of the things there are trivial, the whole thing is compiled in a very concise manner. Must have

Popularity: 14%

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