Archive for January, 2011

Yes, You CAN Do Your Own Market Research – Free Audio with Doreen Amatelli

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Market research means:

1. Finding out if there is an audience for your existing product or service

2. Finding out what your audience wants and needs before creating a product or service

3. Finding out what your audience values about what you offer

Last year I had a guest on my Self Employed Success audio series, Doreen Amatelli, who spoke for an hour on how you can do your own market research. Doreen is a professional market researcher, so she knows her stuff!

You can listen to (or download) the audio here:

http://www.passionforbusiness.com/teleclass/doreen-amatelli.htm

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Category: Marketing, Podcasts, Running a Strong & Efficient Business

What Happens – Exactly – When People Receive Your Marketing Materials

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Some things never change.

People respond to marketing and advertising today much like they did in 1885, when Thomas Smith wrote Successful Advertising. He reminds us that repeated exposure to our message is the best way to get people to take action.

If you send out one marketing message then get disappointed by the response rate, remember Thomas Smith’s words:

  1. The first time people look at any given ad, they don’t even see it.
  2. The second time, they don’t notice it.
  3. The third time, they are aware that it is there.
  4. The fourth time, they have a fleeting sense that they’ve seen it somewhere before.
  5. The fifth time, they actually read the ad.
  6. The sixth time they thumb their nose at it.
  7. The seventh time, they start to get a little irritated with it.
  8. The eighth time, they start to think, “Here’s that confounded ad again.”
  9. The ninth time, they start to wonder if they’re missing out on something.
  10. The tenth time, they ask their friends and neighbors if they’ve tried it.
  11. The eleventh time, they wonder how the company is paying for all these ads.
  12. The twelfth time, they start to think that it must be a good product.
  13. The thirteenth time, they start to feel the product has value.
  14. The fourteenth time, they start to remember wanting a product exactly like this for a long time.
  15. The fifteenth time, they start to yearn for it because they can’t afford to buy it.
  16. The sixteenth time, they accept the fact that they will buy it sometime in the future.
  17. The seventeenth time, they make a note to buy the product.
  18. The eighteenth time, they curse their poverty for not allowing them to buy this terrific product.
  19. The nineteenth time, they count their money very carefully.
  20. The twentieth time prospects see the ad, they buy what is offering.

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Category: Running a Strong & Efficient Business