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SMALL FISH MARKETING
Simple	
  and	
  Remarkable	
  Ways	
  to	
  Improve	
  Your	
  Marke9ng	
  Results	
  in	
  a	
  Compe99ve	
  Environment	
  
Facebook	
  Page	
  
Coach	
  LEOW	
  LEIK	
  HONG	
  
Bsc	
  in	
  Electronics	
  &	
  Compu<ng	
  
Cer<fied	
  Professional	
  Trainer	
  (IPMA	
  UK)	
  (HRDF	
  Malaysia)	
  
	
  
	
  
•  Business	
  Transforma<on	
  Coach	
  
•  Interna<onal	
  Trainer	
  /	
  Speaker	
  
•  Book	
  Author	
  –	
  Small	
  Fish	
  Conquering	
  the	
  Big	
  Pond	
  
•  Founder	
  of	
  www.smallfishidea.com	
  ebook	
  sales	
  page	
  
•  Founder	
  and	
  MD	
  of	
  Digital	
  Profit	
  Consultancy	
  	
  
Ø  Business	
  Model	
  Development	
  
Ø  Company	
  Culture	
  Cul9va9on	
  
Ø  Crea9ve	
  Marke9ng	
  Strategies	
  
Ø  Sales	
  Management	
  Development	
  
Ø  Social	
  Media	
  Marke9ng	
  	
  
	
  
Specialize	
  
Programme:	
  
Facebook	
  Workshop	
  @	
  Bali	
  
TEAM	
  Building	
  @	
  PD	
  
	
  
What	
  I’m	
  doing	
  now….	
  
With	
  Coach	
  Radin	
   Ac<onCoach	
  Boot	
  Camp	
  
Intel	
  MY	
  Advisor	
  Training	
   CEO	
  Conference	
  Seminar	
  
What	
  you	
  can	
  expect	
  from	
  this	
  seminar?	
  
Blinding	
  Flashes	
  of	
  the	
  Obvious…	
  
BFO’s…	
  
100% Participation
I KNOW…
To	
  Get	
  the	
  Most	
  Out	
  of	
  Your	
  
You	
  Must	
  Be	
  Willing	
  to	
  Have	
  Some	
  	
  
What to Expect?
ü A lots of coaching and 2-way discussion
ü Team presentation
ü Games and Activities
ü Questions and Answers
ü Tons of knowledge that you may get from
classroom	
  
For	
  
today…	
  
BE IN BUSINESS?
Wealth Creation Ladder
Employee	
  1	
  
Investor	
  5	
  
Owner/Leader	
  4	
  
Manager	
  3	
  
Entrepreneur	
  6	
  
Self	
  Employed	
  2	
  
Common	
  Challenges	
  
1. GST	
  implementa9on	
  –	
  Business	
  geHng	
  harder	
  	
  
2. Ringgit	
  value	
  decrease	
  	
  
3. Cost	
  geHng	
  higher	
  
4. Compe99on	
  arise	
  
5. Low	
  margin	
  product	
  
6. Talents	
  are	
  hard	
  to	
  recruit	
  
1. Business Model are confusing	
2. Company Vision/Direction is not clear	
3. USP – Do you have one?	
4. Market Positioning 	
5. Management System	
6. People Development Program	
Actual	
  Challenges	
  
Commercial, Profitable,
Enterprise
That works
Without ME!!
Very Busy Job
.	
  
Rule	
  #	
  1:	
  Rule	
  of	
  En<<es	
  
Owner and his Business are
2 different entities
Rule #1 –
Rule of Entities
1. Business
Plans
2. Business
Model
3. Business
Targets
4. Operation
System
5. Organization6. People7. KPIs
8. Milestones
Business Direction
System
Team
Rewards
1.  Business Plan – WHY?
•  Vision / Mission
•  Goals
•  Culture
2. Business Model
•  WHAT you going to do?
•  HOW you going to do it?
3. Business Targets
•  3 - 5 Years Plan
•  2015’s Plan
•  90 days Planning
Rule	
  #	
  2:	
  Rule	
  of	
  Profits	
  
Profitable
Products
Profitable
Business
Rule	
  #2:	
  Rule	
  of	
  Profits	
  (Water	
  Tank	
  Analogy)	
  
è Resources
IN
Sales $$$
Equity
Loans
Resources
OUT è
Expenses
Purchases
BUSINESS
PROFIT
LEAKAGES
The	
  Language	
  of	
  Business…	
  
NUMBERS
Financial Intelligence
Sales Marketing Growth
Margin Risk Cash Flow
Etc…
The	
  Language	
  of	
  Business…	
  
TEST & MEASURE
Know your number…
Phase	
  1:	
  
Financial	
  Data	
  
Collec<on	
  
Collecting and
Recording
Financial Data
Phase	
  2:	
  
Financial	
  Data	
  
Processing	
  
Phase	
  3:	
  
Financial	
  
Informa<on	
  	
  
Interpreta<on	
  
Phase	
  4:	
  
Financial	
  
Informa<on	
  
Applica<on	
  
Processing
Financial Data
into Financial
Information
Intrepreting
Financial
Information
Applying
Financial
Information
4	
  Phases	
  Financial	
  Management…	
  
Rule	
  #	
  3:	
  Rule	
  of	
  Selling	
  
It’s not WHAT you sell,
it’s HOW you sell.
“Being Different”
Rule #3 -
Rule of Selling
1.
Niche •  Branding
•  Purple Cow
•  Market Positioning
4 Steps of
Marketing
Strategies 1.  Leads Generation
2.  Convention
3.  Repeat Transaction
4.  Average Spending
2.
Customer Experiences
•  Touches
•  Buying Process
•  After Sales Nurture
3.
BRANDING
Which one attract you better?
Which one attract you better?
A brand is not just a logo.
It is a collection of perceptions in the mind of
a consumer…
BRANDING	
  
DNA	
  
1. Connec<on	
  –	
  Sport	
  shoes	
  
2. Promise	
  –	
  Reliable,	
  Trustworthy,	
  Well	
  design.	
  
3. Experience	
  –	
  Comfortable	
  running	
  shoes	
  
4. Consistency	
  –	
  Shoes	
  quality	
  
5. Personality	
  –	
  Sporty,	
  Healthy	
  and	
  Look	
  Good	
  
6. Rela<onship	
  –	
  Run	
  a	
  like	
  Pro	
  (Michael	
  Jordan)	
  	
  
Branding of NIKE
Branding = Connection
Branding is creating a
collection of perceptions in
the mind of others…
Education &
Communication
Defini<on	
  of	
  
Note:	
  Special,	
  USP,	
  PC	
  
Marke<ng	
  is	
  about	
  crea<ng	
  
Purple Cow
Slimming	
  Product	
  Adv	
  
1.	
  Made	
  it	
  EASY	
  
You	
  can	
  slimmed	
  down	
  even	
  while	
  
you	
  are	
  asleep.	
  
2.	
  Made	
  it	
  FAST	
  
In	
  10	
  
days	
  
3.	
  Made	
  it	
  SAFE	
  
A	
  facial	
  
cleanser	
  that	
  
you	
  can	
  drink	
  
A	
  Successful	
  USP	
  Should	
  Be	
  …	
  
•  Truly	
  unique	
  …	
  
•  Exci9ng	
  to	
  your	
  target	
  market	
  ...	
  
•  Something	
  that	
  will	
  get	
  people	
  talking	
  ...	
  
•  Something	
  that	
  can’t	
  be	
  easily	
  copied,	
  or	
  if	
  
it	
  can	
  be,	
  it	
  will	
  be	
  an	
  obvious	
  rip-­‐off	
  on	
  
the	
  part	
  of	
  the	
  offending	
  business	
  ...	
  
Video:	
  HomePlus	
  
4 Different Types of Products
1.  BASIC PRODUCTS
–  Popular products that generate good leads.
2.  PREMIUM PRODUCTS
–  High margin products.
3.  SUPPORTING PRODUCTS
–  Supplement products that support either the Basic or
Premium products.
4.  SERVICE PRODUCT
–  Value add services and supports to your customer.
NICHE
Price
Competition
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Ways	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
 
	
  
	
  
Where do you find lead?
1. Purple	
  Cow	
  	
  
	
  	
  Effect	
  
2.	
  Gegng	
  the	
  	
  
	
  	
  	
  	
  news	
  out	
  
i) product & company culture
ii) create a story...
Angry	
  Birds:	
  good	
  &	
  bad	
  guys	
  
25	
  leafs	
  Mango	
  is	
  the	
  BEST	
  
iii)	
  uniqueness	
  &	
  curiosity	
  
something	
  to	
  
talk	
  about	
  
Klein	
  Constan<a	
  Farm	
  -­‐	
  Honey	
  
iv) Product
packaging
packaging	
  experiences.	
  
Spagheg	
  noodles.	
  
Biscuit.	
  
Fruit	
  juices.	
  
Tomato	
  sources.	
  
crea9ve	
  packaging	
  bag	
  
熊の食	
  BEAR	
  BITES	
  
v) theme
1. Purple	
  Cow	
  	
  
	
  	
  Effect	
  
2.	
  Gegng	
  the	
  	
  
	
  	
  	
  	
  news	
  out	
  
WHO ?
WHERE ?
WHAT ?
HOW ?
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Ways	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
An<histamines	
  
Panadol	
  
Acetaminophen	
  
Ibuprofen	
  
EASY	
  TO	
  BUY	
  
Simplify	
  
~	
  Best	
  Florist	
  Signboard	
  ~	
  
Apology	
  Flowers	
  -­‐	
  perhaps	
  the	
  greatest	
  billboard	
  ever	
  created	
  for	
  the	
  floral	
  industry	
  by	
  the	
  
Society	
  of	
  American	
  Florists	
  (SAF),	
  'Exactly	
  how	
  mad	
  is	
  she	
  ?'	
  tells	
  a	
  story	
  in	
  three	
  images.	
  	
  
 
	
  
	
  
DELL	
  –	
  Warranty	
  Service
 
	
  
	
  
Life-­‐<me	
  Warranty
testimonial
Minion Attack – Urgency
unparalleled customer experience
Video:	
  Apple	
  Store	
  Barcelona	
  
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Ways	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
Loyalty Card
Starbucks Tumbler
Sakae Sushi ang pow
Starbucks Ang Pow
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Ways	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
McDonald’s	
  Bundle	
  
 
	
  
Up	
  -­‐	
  Selling
Extension Warranty
Check-List
Demand
Creation
Shopping	
  Basket	
  
1. Lead Generation
X
2. Conversion%
=
Customer(s)
x
3. Transaction
x
4. Average $$ Sales
=
Sales
x
5. Margin %
=
$ Profit $
5Ways	
  
Strategies	
  
to	
  improve	
  your	
  
Business	
  Profits	
  
Let’s	
  	
  
add	
  	
  
some	
  
number	
  
4,000	
  ppl	
  
x	
  
25%	
  
=	
  
1,000	
  ppl	
  
X	
  
2	
  <mes	
  
x	
  
$100	
  
=	
  
$200,000	
  
x	
  
25%	
  	
  
=	
  
$50,000	
  
1.  Lead	
  Genera<on	
  
X	
  
2.	
  Conversion%	
  
=	
  
Customer(s)	
  
x	
  
3.	
  Transac<on	
  
x	
  
4.	
  Average	
  $$	
  Sales	
  
=	
  
Sales	
  
x	
  
5.	
  Margin	
  %	
  
=	
  
$	
  Profit	
  $	
  
4,400	
  ppl	
  
x	
  
27.5%	
  
=	
  
1,210	
  ppl	
  
x	
  
2.2	
  9mes	
  
x	
  
$110	
  
=	
  
$292,820	
  
x	
  
27.5%	
  	
  
=	
  
$80,525.50	
  
10%	
  Improvement	
  
4,000	
  ppl	
  
x	
  
25%	
  
=	
  
1,000	
  ppl	
  
X	
  
2	
  9mes	
  
x	
  
$100	
  
=	
  
$200,000	
  
x	
  
25%	
  	
  
=	
  
$50,000	
  
1.  Lead	
  Genera<on	
  
X	
  
2.	
  Conversion%	
  
=	
  
Customer(s)	
  
x	
  
3.	
  Transac<on	
  
x	
  
4.	
  Average	
  $$	
  Sales	
  
=	
  
Sales	
  
x	
  
5.	
  Margin	
  %	
  
=	
  
$	
  Profit	
  $	
  
 	
  	
  Sales	
  	
  	
  	
  	
  	
  	
  46%	
  	
  
	
  	
  $Profit$	
  	
  61%	
  
What	
  are	
  your	
  5	
  WAYS	
  strategies?	
  
What	
  is	
  your	
  Purple	
  Cow?	
  
How	
  do	
  you	
  Generate	
  Leads?	
  
How	
  do	
  you	
  Convert	
  leads	
  into	
  customer?	
  
GeHng	
  your	
  customer	
  to	
  Come	
  Back	
  	
  
for	
  more?	
  
Do	
  they	
  Buy	
  a	
  Liple	
  Bit	
  More?	
  
WRITE DOWN…
YOUR TOP
LEARNING
POINTS.
BUSINESS TRANSFORMATION
COACH LEOW LEIKHONG
	
  
Twiper	
  @leikhong	
  
www.facebook.com/smallfishidea	
  
	
  
Email:	
  leow@leikhong.com	
  
	
  
	
  

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3 Golden Rules for a Bigger Business Profits

  • 1.
  • 2.
  • 3. SMALL FISH MARKETING Simple  and  Remarkable  Ways  to  Improve  Your  Marke9ng  Results  in  a  Compe99ve  Environment  
  • 5.
  • 6. Coach  LEOW  LEIK  HONG   Bsc  in  Electronics  &  Compu<ng   Cer<fied  Professional  Trainer  (IPMA  UK)  (HRDF  Malaysia)       •  Business  Transforma<on  Coach   •  Interna<onal  Trainer  /  Speaker   •  Book  Author  –  Small  Fish  Conquering  the  Big  Pond   •  Founder  of  www.smallfishidea.com  ebook  sales  page   •  Founder  and  MD  of  Digital  Profit  Consultancy     Ø  Business  Model  Development   Ø  Company  Culture  Cul9va9on   Ø  Crea9ve  Marke9ng  Strategies   Ø  Sales  Management  Development   Ø  Social  Media  Marke9ng       Specialize   Programme:  
  • 7. Facebook  Workshop  @  Bali   TEAM  Building  @  PD     What  I’m  doing  now….   With  Coach  Radin   Ac<onCoach  Boot  Camp   Intel  MY  Advisor  Training   CEO  Conference  Seminar  
  • 8. What  you  can  expect  from  this  seminar?   Blinding  Flashes  of  the  Obvious…   BFO’s…  
  • 9.
  • 12. To  Get  the  Most  Out  of  Your   You  Must  Be  Willing  to  Have  Some    
  • 13. What to Expect? ü A lots of coaching and 2-way discussion ü Team presentation ü Games and Activities ü Questions and Answers ü Tons of knowledge that you may get from classroom  
  • 16. Wealth Creation Ladder Employee  1   Investor  5   Owner/Leader  4   Manager  3   Entrepreneur  6   Self  Employed  2  
  • 17. Common  Challenges   1. GST  implementa9on  –  Business  geHng  harder     2. Ringgit  value  decrease     3. Cost  geHng  higher   4. Compe99on  arise   5. Low  margin  product   6. Talents  are  hard  to  recruit  
  • 18. 1. Business Model are confusing 2. Company Vision/Direction is not clear 3. USP – Do you have one? 4. Market Positioning 5. Management System 6. People Development Program Actual  Challenges  
  • 21. .  
  • 22. Rule  #  1:  Rule  of  En<<es   Owner and his Business are 2 different entities
  • 23. Rule #1 – Rule of Entities 1. Business Plans 2. Business Model 3. Business Targets 4. Operation System 5. Organization6. People7. KPIs 8. Milestones Business Direction System Team Rewards
  • 24. 1.  Business Plan – WHY? •  Vision / Mission •  Goals •  Culture
  • 25. 2. Business Model •  WHAT you going to do? •  HOW you going to do it?
  • 26. 3. Business Targets •  3 - 5 Years Plan •  2015’s Plan •  90 days Planning
  • 27. Rule  #  2:  Rule  of  Profits   Profitable Products Profitable Business
  • 28. Rule  #2:  Rule  of  Profits  (Water  Tank  Analogy)   è Resources IN Sales $$$ Equity Loans Resources OUT è Expenses Purchases BUSINESS PROFIT LEAKAGES
  • 29. The  Language  of  Business…   NUMBERS Financial Intelligence Sales Marketing Growth Margin Risk Cash Flow Etc…
  • 30. The  Language  of  Business…   TEST & MEASURE Know your number…
  • 31. Phase  1:   Financial  Data   Collec<on   Collecting and Recording Financial Data Phase  2:   Financial  Data   Processing   Phase  3:   Financial   Informa<on     Interpreta<on   Phase  4:   Financial   Informa<on   Applica<on   Processing Financial Data into Financial Information Intrepreting Financial Information Applying Financial Information 4  Phases  Financial  Management…  
  • 32. Rule  #  3:  Rule  of  Selling   It’s not WHAT you sell, it’s HOW you sell.
  • 33. “Being Different” Rule #3 - Rule of Selling 1. Niche •  Branding •  Purple Cow •  Market Positioning 4 Steps of Marketing Strategies 1.  Leads Generation 2.  Convention 3.  Repeat Transaction 4.  Average Spending 2. Customer Experiences •  Touches •  Buying Process •  After Sales Nurture 3.
  • 35. Which one attract you better?
  • 36. Which one attract you better?
  • 37. A brand is not just a logo. It is a collection of perceptions in the mind of a consumer…
  • 39. 1. Connec<on  –  Sport  shoes   2. Promise  –  Reliable,  Trustworthy,  Well  design.   3. Experience  –  Comfortable  running  shoes   4. Consistency  –  Shoes  quality   5. Personality  –  Sporty,  Healthy  and  Look  Good   6. Rela<onship  –  Run  a  like  Pro  (Michael  Jordan)     Branding of NIKE
  • 40. Branding = Connection Branding is creating a collection of perceptions in the mind of others…
  • 42. Note:  Special,  USP,  PC   Marke<ng  is  about  crea<ng  
  • 44. Slimming  Product  Adv   1.  Made  it  EASY   You  can  slimmed  down  even  while   you  are  asleep.  
  • 45. 2.  Made  it  FAST   In  10   days  
  • 46. 3.  Made  it  SAFE   A  facial   cleanser  that   you  can  drink  
  • 47. A  Successful  USP  Should  Be  …   •  Truly  unique  …   •  Exci9ng  to  your  target  market  ...   •  Something  that  will  get  people  talking  ...   •  Something  that  can’t  be  easily  copied,  or  if   it  can  be,  it  will  be  an  obvious  rip-­‐off  on   the  part  of  the  offending  business  ...   Video:  HomePlus  
  • 48. 4 Different Types of Products 1.  BASIC PRODUCTS –  Popular products that generate good leads. 2.  PREMIUM PRODUCTS –  High margin products. 3.  SUPPORTING PRODUCTS –  Supplement products that support either the Basic or Premium products. 4.  SERVICE PRODUCT –  Value add services and supports to your customer.
  • 50. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Ways   Strategies   to  improve  your   Business  Profits  
  • 51.       Where do you find lead?
  • 52. 1. Purple  Cow        Effect   2.  Gegng  the            news  out  
  • 53. i) product & company culture
  • 54.
  • 55. ii) create a story... Angry  Birds:  good  &  bad  guys  
  • 56.
  • 57. 25  leafs  Mango  is  the  BEST  
  • 58. iii)  uniqueness  &  curiosity  
  • 60. Klein  Constan<a  Farm  -­‐  Honey   iv) Product packaging
  • 62. Spagheg  noodles.   Biscuit.   Fruit  juices.   Tomato  sources.  
  • 63.
  • 65.
  • 66.
  • 68.
  • 69.
  • 70. 1. Purple  Cow        Effect   2.  Gegng  the            news  out  
  • 71.
  • 73. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Ways   Strategies   to  improve  your   Business  Profits  
  • 75.
  • 78. ~  Best  Florist  Signboard  ~   Apology  Flowers  -­‐  perhaps  the  greatest  billboard  ever  created  for  the  floral  industry  by  the   Society  of  American  Florists  (SAF),  'Exactly  how  mad  is  she  ?'  tells  a  story  in  three  images.    
  • 79.       DELL  –  Warranty  Service
  • 82. Minion Attack – Urgency
  • 83. unparalleled customer experience Video:  Apple  Store  Barcelona  
  • 84. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Ways   Strategies   to  improve  your   Business  Profits  
  • 86.
  • 88.
  • 91. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Ways   Strategies   to  improve  your   Business  Profits  
  • 93.     Up  -­‐  Selling
  • 98. 1. Lead Generation X 2. Conversion% = Customer(s) x 3. Transaction x 4. Average $$ Sales = Sales x 5. Margin % = $ Profit $ 5Ways   Strategies   to  improve  your   Business  Profits  
  • 99. Let’s     add     some   number   4,000  ppl   x   25%   =   1,000  ppl   X   2  <mes   x   $100   =   $200,000   x   25%     =   $50,000   1.  Lead  Genera<on   X   2.  Conversion%   =   Customer(s)   x   3.  Transac<on   x   4.  Average  $$  Sales   =   Sales   x   5.  Margin  %   =   $  Profit  $  
  • 100. 4,400  ppl   x   27.5%   =   1,210  ppl   x   2.2  9mes   x   $110   =   $292,820   x   27.5%     =   $80,525.50   10%  Improvement   4,000  ppl   x   25%   =   1,000  ppl   X   2  9mes   x   $100   =   $200,000   x   25%     =   $50,000   1.  Lead  Genera<on   X   2.  Conversion%   =   Customer(s)   x   3.  Transac<on   x   4.  Average  $$  Sales   =   Sales   x   5.  Margin  %   =   $  Profit  $  
  • 101.      Sales              46%        $Profit$    61%  
  • 102. What  are  your  5  WAYS  strategies?   What  is  your  Purple  Cow?   How  do  you  Generate  Leads?   How  do  you  Convert  leads  into  customer?   GeHng  your  customer  to  Come  Back     for  more?   Do  they  Buy  a  Liple  Bit  More?  
  • 104. BUSINESS TRANSFORMATION COACH LEOW LEIKHONG   Twiper  @leikhong   www.facebook.com/smallfishidea     Email:  leow@leikhong.com