SlideShare a Scribd company logo
Defining Your Small Business
Customer
Chisa D. Pennix-Brown, MBA
LadyBizness.com
WELCOME & AGENDA
 Please turn Phones to Silent or Vibrate
 Facilitator & Introductions
 Follow the Facebook page
FB.com/LadyBiznessInc
 Complete Evaluations
WHAT IS YOUR USP?
WIIFM
PRIMARY RESEARCH
Interviews
(by telephone or face-to-face)
Surveys
(online or by mail)
Questionnaires
(online or by mail)
Focus groups gathering a
sampling of potential clients or
customers and getting their direct
feedback
DEMOGRAPHIC INFORMATION
SURVEYMONKEY.COM
FACEBOOK GROUPS
QUESTIONPRO.COM
WUFOO.COM
GOOGLE.COM/FORMS
FIVERR.COM
PRODUCT MOCKUPS
SECONDARY RESEARCH
 Who is your target?
 What do they buy?
 Where do they live?
 Where do they shop?
 When do they buy?
 Why do they buy your product or
service?
 How much do they make?
https://www.youtube.com/watch?v=1pQtByxJlWM
NCLIVE
NC Live provides North Carolina residents and students with searchable
collections of magazine, newspaper, and journal articles, electronic books,
historical materials, maps, and much more - covering a wide range of topics.
Full Text
Download
Most Relevant
Pages
BUSINESS DECISION
Find new customers, identify new store locations, analyze your market,
evaluate your competitors, target media and direct mail campaigns.
FAMILIES
GENDER
AGE
RACE
INCOME
BUSINESS DECISION
GRAPHIC FORMAT
RADIUS AROUND
SPECIFIED LOCATION
This report compares the top 20 Tapestry segments in a specified areas.
BUSINESS DECISION
Other Local Businesses
in the Area
Competitors
New Marketing Tool that looks at area customers. Users can generate reports
detailing consumer market data.
REFERENCE USA
A web-based mapping application that lets users quickly create professional-
quality thematic maps and reports using powerful demographic, business and
marketing data.
SIMPLY MAP
NAICS & SIC Codes
DUNS Number
SIMPLY MAP
Mission MISSION
 Defines what your business does.
 What activities it performs?
 What is unique about your business?
 Stands out from competitors.
 Why are you necessary?
BACKGROUND
 Education
 Experience in the field
 Years Established
 Management Team
PRODUCT & SERVICE
 What do you sell?
 Write a description.
 What are you top 3 products/services
based on revenue?
 How much are your products?
Library Databases
 Reference USA
 Simply Map
Competitive strengths and weaknesses
 Risks and hurdles
 Industry Trends
 Assessment of the market
COMPETITION
 Place this Data in your Business Plan
 Executive Summary
 Market Analysis
 Marketing & Sales
 Funding Request
 Financial Projections
 Appendix
COMPILE YOUR DATA
GIVE IT TO THE PEOPLE!
Find Tips, Tools, and Business
Information Daily at
FB.com/LadyBiznessInc
Leave a Recommendation at
LinkedIn.com/in/LadyBizness.
Find this Presentation and
upcoming events at
LadyBizness.com.

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Defining Your Small Business Customer

  • 1. Defining Your Small Business Customer Chisa D. Pennix-Brown, MBA LadyBizness.com
  • 2. WELCOME & AGENDA  Please turn Phones to Silent or Vibrate  Facilitator & Introductions  Follow the Facebook page FB.com/LadyBiznessInc  Complete Evaluations
  • 3. WHAT IS YOUR USP? WIIFM
  • 4. PRIMARY RESEARCH Interviews (by telephone or face-to-face) Surveys (online or by mail) Questionnaires (online or by mail) Focus groups gathering a sampling of potential clients or customers and getting their direct feedback DEMOGRAPHIC INFORMATION SURVEYMONKEY.COM FACEBOOK GROUPS QUESTIONPRO.COM WUFOO.COM GOOGLE.COM/FORMS FIVERR.COM PRODUCT MOCKUPS
  • 5. SECONDARY RESEARCH  Who is your target?  What do they buy?  Where do they live?  Where do they shop?  When do they buy?  Why do they buy your product or service?  How much do they make? https://www.youtube.com/watch?v=1pQtByxJlWM
  • 6. NCLIVE NC Live provides North Carolina residents and students with searchable collections of magazine, newspaper, and journal articles, electronic books, historical materials, maps, and much more - covering a wide range of topics. Full Text Download Most Relevant Pages
  • 7. BUSINESS DECISION Find new customers, identify new store locations, analyze your market, evaluate your competitors, target media and direct mail campaigns. FAMILIES GENDER AGE RACE INCOME
  • 8. BUSINESS DECISION GRAPHIC FORMAT RADIUS AROUND SPECIFIED LOCATION
  • 9. This report compares the top 20 Tapestry segments in a specified areas. BUSINESS DECISION
  • 10. Other Local Businesses in the Area Competitors New Marketing Tool that looks at area customers. Users can generate reports detailing consumer market data. REFERENCE USA
  • 11. A web-based mapping application that lets users quickly create professional- quality thematic maps and reports using powerful demographic, business and marketing data. SIMPLY MAP
  • 12. NAICS & SIC Codes DUNS Number SIMPLY MAP
  • 13. Mission MISSION  Defines what your business does.  What activities it performs?  What is unique about your business?  Stands out from competitors.  Why are you necessary?
  • 14. BACKGROUND  Education  Experience in the field  Years Established  Management Team
  • 15. PRODUCT & SERVICE  What do you sell?  Write a description.  What are you top 3 products/services based on revenue?  How much are your products?
  • 16. Library Databases  Reference USA  Simply Map Competitive strengths and weaknesses  Risks and hurdles  Industry Trends  Assessment of the market COMPETITION
  • 17.  Place this Data in your Business Plan  Executive Summary  Market Analysis  Marketing & Sales  Funding Request  Financial Projections  Appendix COMPILE YOUR DATA
  • 18. GIVE IT TO THE PEOPLE! Find Tips, Tools, and Business Information Daily at FB.com/LadyBiznessInc Leave a Recommendation at LinkedIn.com/in/LadyBizness. Find this Presentation and upcoming events at LadyBizness.com.

Editor's Notes

  1. This report compares the top 20 Tapestry segments in a specified area, ranked by household percentage to the national counterpart. The Tapestry Segmentation system classifies U.S. neighborhoods into 65 distinctive market segments based on their socioeconomic and demographic characteristics. For a broader view of markets, Tapestry segments can be assigned to 12 LifeMode summary groups (lifestyle/lifestage) and 11 Urbanization summary groups (density and affluence).
  2. This report compares the top 20 Tapestry segments in a specified area, ranked by household percentage to the national counterpart. The Tapestry Segmentation system classifies U.S. neighborhoods into 65 distinctive market segments based on their socioeconomic and demographic characteristics. For a broader view of markets, Tapestry segments can be assigned to 12 LifeMode summary groups (lifestyle/lifestage) and 11 Urbanization summary groups (density and affluence).
  3. This report compares the top 20 Tapestry segments in a specified area, ranked by household percentage to the national counterpart. The Tapestry Segmentation system classifies U.S. neighborhoods into 65 distinctive market segments based on their socioeconomic and demographic characteristics. For a broader view of markets, Tapestry segments can be assigned to 12 LifeMode summary groups (lifestyle/lifestage) and 11 Urbanization summary groups (density and affluence).
  4. North American Industry Classification System & Standard Industrial Classification