The
Unbelievable Facts:
You Can Beat The Competition By Raising Prices!
Hey, that got your attention! You’re
probably sitting there with a raised eyebrow,
and thinking... “Yeah, right!” Everybody
knows that you have to have the best prices
in town to be competitive... or do they?
Think about this... when you go to a Ford dealership
mechanic do you expect to pay more than if you
take it to the repair shop on the corner? Of
course you do. Why? Because the mechanics are
specialists at the dealership. They specialize
in the type of cars they sell, and know their
stuff!
When you become a specialist, people expect
to pay more and feel like they are getting more
value for their money. They trust the specialist
to understand their needs. Now for the big question...
How can you become a specialist? Here are 3
easy steps to becoming an expert in your field.
1. Divide your
market.
Take a good look at your market. How many pockets
within your customer population can you find?
You’ll be surprised at the number of niches
you can target. You'll find ethnic groups, different
age groups, varied groups of income, singles,
married couples, families, grandparents... the
list could go on and on. Once you spot the pockets,
decide which group or groups you want to target.
2. Learn
Once you discover the pockets within your customer
population, take the time to learn what their
special needs and desires are. Dig deep, and
really get to know them. Learn to speak their
language, so to speak.
The best place to start understanding them
is simply by asking them why they buy your products.
What do they like best about it? Why do they
choose your place of business? You’ll
get straight answers right from the source,
and gain amazing insight as well.
3. Revise Your
Advertising Campaign
Once you’ve earned the right to speak
to them on their level, redesign your advertising
campaign to reach out to them. The changes don't
have to be drastic, but be sure to use the language
of the group you are aiming for. Let them know
you understand and desire to meet their special
needs.
Let’s face it... there will always be
competitors and competition. There’s just
no getting around it, but you really don’t
have to lower your prices to compete with them.
Not when you are the expert in your field and
your customers are trusting you to have the
answers.
Who is Allyn
Cutts, and why should you care?
Allyn has spent over 24 years helping businesses
like yours find new customers and increase sales
to current customers. Allyn is a marketing and
sales fanatic, providing measurable marketing
solutions that drive huge results for small-to
mid-size business clients. Allyn works personally
with clients to design and deliver off-line
and on-line direct marketing strategies that
focus on metrics and measurable results. You
can learn more about Allyn Cutts at www.AllynCutts.com
and you can call 610.437.4106 between 10 AM
and 4 PM Eastern Time Tuesdays and Thursdays.