Chapter 4
Superb Marketing
   Principles
Objectives
• After going through this chapter you will be
  able to understand:
   –   The very best in marketing truths
   –   17 marketing principles
   –   The work is your life and it is fun
   –   Be specific
   –   Negative factors do not sell
   –    Business is the best kind of investment
Introduction

• Academics and marketing research
  brainstormers have been observing,
  examining, analyzing, comparing and
  recording everything that has produced results
Introduction

• We can dig out the basic fundamental
  principles of selling and market promotion
  from them

• Make use of them and achieve a spectacular
  success in the market
Superb marketing principle – 1
Long copy outsells short copy

• It is a fact that longer the story the more the
  number of the copies it sells

• People look out for all the relevant
  information so as to make a buying decision
Superb marketing principle – 1
Long copy outsells short copy

• They want all queries and doubts cleared

• The more words, space and time you take to
  advertise a product, the more successful you
  turn out to be in the market
Superb marketing principle – 1
Long copy outsells short copy

• This does not rule out that less detailed,
  shorter – in dimension and duration

• It will be proper to come out with full details
Superb marketing principle – 1
Long copy outsells short copy

• It will not be sufficient if you stop the
  campaign with a small, insignificant ad

• The full display ad will entice the prospects to
  look out for the full-blown out sales package
  will do the magic
Superb marketing principle – 1
Long copy outsells short copy

• So, if you must be aware of the fact that
  pinning all hopes on smaller marketing tools
  will not be sufficient enough to get a desired
  level of selling. Long copies outsells short
  copy!
Superb marketing principle – 2
The toll free phone calls and
discount coupons
• Most of the people ignore an ad giving out a
  listing of telephone numbers

• Free phone calls facility boost the response to
  the ad
Superb marketing principle – 2
The toll free phone calls and
discount coupons
• A discount coupon to an ad leaflet will
  obviously increase the response

• A sales letter without the accompaniment of a
  coupon is discarded
Superb marketing principle – 2
The toll free phone calls and
discount coupons
• There a certain negative points for free phone
  facility

• They have nothing to lose, you are the
  sufferer
Superb marketing principle – 2
The toll free phone calls and
discount coupons
• Your valuable time and money go in waste

• Such seriously motivated people do not
  bother about shelling out a few coins
Superb marketing principle – 3 A
picture is not worth a thousand
words
• We include a photograph in an ad very rarely

• A photo can create a sort of puzzle in the
  viewer’s mind
Superb marketing principle – 3 A
picture is not worth a thousand
words
• A beautiful shiny picture of a new model car
  can be seen in an ad placed by Ford motors

• It should be seen that the picture does not
  crowd out the vital information the ad carries
Superb marketing principle – 3 A
picture is not worth a thousand
words
• Another noteworthy aspect is that if you add a
  picture in the ad the reader will think that you
  will stand up to the promise

• Setting your ad material wisely is an ideal way
  out for any marketing campaign
Superb marketing principle – 4
Superficial statements do not sell

• People are fed up with superficial and general
  statements such as:
   – Super quality
   – Fantastic price


• People have an allergic attitude towards such
  tall claims
Superb marketing principle – 4
Superficial statements do not sell

• Give an exact idea of what you are offered for
  a prospective customer

• For e.g.
   – Loose 12 kg in a week or get your money back
   – Now your car insurance is 15% cheaper
Superb marketing principle – 4
Superficial statements do not sell

• You give the exact information that is
  information to the point

• Avoid making glittering generalities
Superb marketing principle – 5
Positive factors outsmart negative

• It is never appreciable to arouse the fear
  factor in the minds of prospective customers

• Making people good on the contrary makes
  them buy
Superb marketing principle – 5
Positive factors outsmart negative

• E.g.
   – If an auto repair company shows the picture of a
     smashed car people on seeing the picture feel bad
     and automatically an association of the auto
     repairing company and smashed up car frames up
     in their mind
Superb marketing principle – 5
Positive factors outsmart negative

• There are more corrective ways of giving
  negative notions such as
   – If the ad of walker shows pictures of before and
     after use of it a prospective buyer would definitely
     be attracted
Superb marketing principle – 5
Positive factors outsmart negative

• An ad that acts as testimony fostering a
  negative approach that turns on wonderfully is
  that of the mouth wash listerine – “It says the
  taste that you hate twice a day”
Superb marketing principle – 5
Positive factors outsmart negative

• You may make a negative statement but do
  not direct it outward to the prospective buyer

• For e.g.
   – A TV. commercial in U.S. depicts a car mechanic
     at work looks much tired and irritated making a
     loud and clear comment, “This car needs $1500
     in repairs”
Superb marketing principle – 5
Positive factors outsmart negative

• So, try to avoid negative advertising

• Beware – a negative ad can backfire at times
Superb marketing principle – 6 A
sales letter – No, a missive from a
friend
• Sales letters are called so for all their sense
  and meanings

• The more your sales letter take the form of
  friendly helpful missive from one of your
  friends the more it penetrates the minds of
  prospective buyers letter
Superb marketing principle – 6 A
sales letter – No, a missive from a
friend
• A business letter to have a friendly look must
  have certain designs such as:
   – Its font - Avoid super special type styles and fonts
Superb marketing principle – 6 A
sales letter – No, a missive from a
friend
• Most important point at this outset is not to
  use capital letters, which makes it difficult for
  the customers to read

• They may have a feeling of a “loud uttering”
  and you lose your goal
Superb marketing principle – 6 A
sales letter – No, a missive from a
friend
• A sales letter differs from an ordinary letter in
  certain aspects

• It will have a headline which an ordinary
  letter would not
Superb marketing principle – 6 A
sales letter – No, a missive from a
friend
• Generally speaking, a sales letter has to be a
  typed out one other than a printed one to
  create a friendly look and effect
Superb marketing principle – 7
Sell solutions – not products

• A product that solves a serious problem, that
  is what it means by saying ‘selling solutions’

• The more significant is the problem and the
  more effortless and cheaper the solution it
  makes wonders
Superb marketing principle – 7
Sell solutions – not products

• The price will not be a deciding factor as
  long as it does what you claim to be done

• If you succeed in convincing the customer
  that your stuff delivers, you are in a blue
  ocean
Superb marketing principle – 7
Sell solutions – not products

• The general rule to be remembered at this
  juncture – ‘People do not buy to prevent
  problems they do not face now!’

• There are certain things people want to avoid
Superb marketing principle – 7
Sell solutions – not products

• For e.g.
   – In a successful ad campaign, TV visual, a cine
     actor portrays a plumber who digs the entire
     backyard of a house to reach to the buried septic
     tank
Superb marketing principle – 7
Sell solutions – not products

• A definite cure sells easily whereas a
  prevention is not

• If the product prospects people who have
  great concern about certain things sells even if
  it a prevention
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• The law of repetition states that even if you
  may not make a success at a desired level at
  your very attempt – repetition definitely does

• For e.g. a spider tries again and again and falls
  down as before it goes on trying
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• A majority of business give up a prospective
  customer in search of another

• Continue your efforts till you get your
  prospect convinced
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• Try repeatedly – you are going to make a
  difference

• An experienced marketer shows that first time
  contacts are almost the poorest as far as
  response is concerned
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• The formula behind the logic is somewhat
  like this
   – Tell them what you are going to sell them
   – Tell them what you have already told them before
   – Tell them if need be: Do not hesitate or give up
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• The TV commercials run their ad time and
  again, several times in one day

• It is better to irritate the prospects than
  withdrawing too soon without making any
  significant sale
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• The ad should be catchy and adaptive

• You will come to know how proper and
  effective an ad is only after running it several
  times
Superb marketing principle – 8
Repeat…. Repeat…. Then repeat

• It costs less to repeat an ad a number of times
  when considered about the turnover it may
  bring into

• The law of repetition is applicable to all tools
  of marketing
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• Most of the businessmen concentrate on sales
  of their products

• Your stuff is going to sell by all means in leaps
  and bounds
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• It’s everybody’s knowledge that if you make
  people happy they will become your
  customers

• Keep doing the same, they become your
  regular customers
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• Curse the entrepreneur and swear not to buy
  from him in the future

• Their efforts in making fresh efforts will meet
  several odds
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• If you provide satisfaction to the customers
  the return is enormously large

• Sometimes you lose money in making the
  customer happy
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• There may cost you money, but do not back-
  out in doing so

• This attitude will add to the customer’s
  lifetime value
Superb marketing principle – 9
Concentrate on customers, the
sales will follow
• So never lose heart on a first time drawback

• After all, it is the customer that brings and not
  the other way around
Superb marketing principle – 10
It is the perception, not the
product that sells
• Build a better mousetrap, the people will
  make a beehive towards your door

• It does not matter how much good or bad it is
Superb marketing principle – 10
It is the perception, not the
product that sells
• For e.g., take the case of Heinz and
  Campbell’s – two brands of soup

• Yet Americans refuse to buy Heinz and the
  Brits do not relish Campbell’s
Superb marketing principle – 10
It is the perception, not the
product that sells
• The Americans perceive Campbell’s to be
  better than the Heinz

• If you succeed than you create a win-win
  situation
Superb marketing principle – 10
It is the perception, not the
product that sells
• This does not mean that tons of ads and
  sweet promises can compromise with the
  quality of your product

• But this is not fair thing to do
Superb marketing principle – 10
It is the perception, not the
product that sells
• The product must atleast be equivalent to that
  of your competitors

• You get a flood of repetitions and all the good
  things that comes with it
Superb marketing principle – 10
It is the perception, not the
product that sells
• Concentrate on the customers benefits and
  not merely on it features

• Customers are not bothered what our product
  is made of
Superb marketing principle – 11
Getting advertising free of cost

• A business cannot thrive only on costly
  advertising campaigns

• You may sell and make enough profit
Superb marketing principle – 11
Getting advertising free of cost

• If such things happen your product will be the
  ‘talk of the town’

• No other paid advertisement be as powerful a
  crowd puller
Superb marketing principle – 11
Getting advertising free of cost

• They say that almost 90% of their new
  business comes from referrals

• To gain extra mileage you have to set you
  publicity machine in top gear
Superb marketing principle – 11
Getting advertising free of cost

• This will kindle a word of mouth campaign

• For this to happen you have to offer extra-
  ordinary service to the customer
Superb marketing principle – 11
Getting advertising free of cost

• Experience will show you that advertising a
  product after launching it into the market is a
  highly expensive thing

• But free advertising works as magic
Superb marketing principle – 12
Motivation intensifies interest

• You can lead a horse to water – but you can’t
  make him drink

• This holds as long as you do not motivate the
  horse
Superb marketing principle – 12
Motivation intensifies interest

• It is a usual occurrence that hoards of people
  enter your shop

• After arousing the customer’s interest you
  have to add some salt so as to intensify their
  interest
Superb marketing principle – 12
Motivation intensifies interest

• You send a direct mail to customer’s
  conjuring up an interest in them towards your
  product

• If a customer get motivated he or she won’t
  look back
Superb marketing principle – 12
Motivation intensifies interest

• Salting your marketing messages is as good as
  ‘selling the sizzle and not the steak’

• Find all possible ways and means to salt your
  marketing communication
Superb marketing principle – 13
Hitting on head

• You successfully make a connection when
  you approach a person and hit him where he
  can really feel it

• That too he was dealing in an expensive
  brand model
Superb marketing principle – 13
Hitting on head

• The salesman hit close home

• The result was imaginary – he made a
  successful sale no questions asked
Superb marketing principle – 13
Hitting on head

• What magic did the salesman play?
   – He hit on the prospect’s head – he closed home


• So you have to figure out where to hit and
  how to hit
Superb marketing principle – 14
The buyer is always smart and
alert
• P.T. Barnum of Barnum and Baily circus was
  a great promoter

• No one ever went broke by underestimating
  the intelligence of the American public
Superb marketing principle – 14
The buyer is always smart and
alert
• If we give any credence to these great men it
  would be noticed that we were indeed treating
  our customers very badly
Superb marketing principle – 14
The buyer is always smart and
alert
• Customer is much more sophisticated, you
  cannot fool them a bit

• So when you are writing an ad don’t treat the
  customer like an idiot
Superb marketing principle – 14
The buyer is always smart and
alert
• Fairfax cautions you to be straightforward in
  your marketing efforts

• But soon they realized the fact that deception
  does not pay
Superb marketing principle – 14
The buyer is always smart and
alert
• If you want to succeed never try to deceive
  the people

• These are the people that you are going to
  sell the product to
Superb marketing principle – 15
Bribe your customer

• There is hardly any tool so effective as a bribe

• Giving something to people that they are
  badly in the need of is an absolute way of
  motivating them to do something you are in
  need of
Superb marketing principle – 15
Bribe your customer

• So there is no harm in bribing the customer

• Everyone falls for a bribe irrespective of
  whether a commoner or millionaire
Superb marketing principle – 15
Bribe your customer

• These also amount to bribing. Marketing
  studies show that a major chunk of people
  who get something free with the purchase
  remember the brand name over a year later
Superb marketing principle – 15
Bribe your customer

• Another advantage to bribing is that it goes
  well with any kind of marketing tool

• Some goes well with a sales phone call
  offering something extra with each purchase
Superb marketing principle – 15
Bribe your customer

• You have to get satisfactory answers to the
  following questions:
   – How much money could you set aside towards
     freebees
   – What to bribe for different section of people you
     target
   – Is you bribe desirable
Superb marketing principle – 15
Bribe your customer

• You have to get satisfactory answers to the
  following questions:
   – Is you r bribe a unique one
   – How many people your intending to bribe
   – What message should accompany your bribe
Superb marketing principle – 15
Bribe your customer

• There a many companies who are specialists
  in arranging bribe items

• There are a number of special items that
  would serve as a bribe such as free video tape
Superb marketing principle – 15
Bribe your customer

• The bribes are used to
   – Motivate a prospect to ask for your product
   – Get your sales staff busy selling
   – Act as an advertisement supplement
Superb marketing principle – 15
Bribe your customer

• Getting a free publicity from the press

• Increase trade enquiries through phone calls

• Get cheaper ad sales from the media
Superb marketing principle – 15
Bribe your customer

• Always test how your bribe works

• You must check whether your bribing strategy
  works and that too powerfully
Superb marketing principle – 16
You are the best investment

• People invest large sums in the stock market

• The more risky an investment is the more
  rewarding it is
Superb marketing principle – 16
You are the best investment

• But the best possible investment of all is
  yourself

• A small ad with a simple idea can have a great
  potential
Superb marketing principle – 16
You are the best investment

• When you invest in your own business you
  can control all matters relating to it

• As long as you are in your own business you
  take charge of your own life
Superb marketing principle – 16
You are the best investment

• No business is without an element of risk
  involved in it

• The failures in business are not really failures
  but lessons which enables you to learn the
  intricacies involved in a certain kind of
  business
Superb marketing principle – 16
You are the best investment

• For e.g.
   – If you fail to get response after coming out with an
     ad you are trying a repeat with certain changes
   – When your ad clicks you reap the returns ten
     times your investment in a short span
Superb marketing principle – 16
You are the best investment

• So think that you yourself are the best
  investment of all

• Put yourself at risk – you ignite beneath your
  seat and you get going like a rocket
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• We all know the adage ‘unity is strength’, this
  is applicable in every aspect of one’s life and
  goes well with marketing too

• Even your close competitors would be
  dumbstruck
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• For e.g.
   – A university professor quit his job and plunged
     into the market with his accelerated learning
     program
   – The radio ads proved to be a big flop
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• For e.g.
   – He went back to his phone calls
   – There was hardly any cold treatment
   – This was because of the radio ads
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• What we learn from this is that when you
  combine your marketing tools they increase
  the penetrating power of each of them

• If a print ad is given as a follow-up the result
  would be even better
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• After choosing a particular area as a target
  give out a series of print ads

• The result would be amazingly fantastic
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• Quoting a higher price in ads during the first
  round of marketing and follow it up with a
  little reduced price

• The real price of which you want to seal
  should be the second price tag
Superb marketing principle – 17
Combining all your marketing
tools take you into the sky
• Even if the response for a print ad circulated
  may quote a higher price

• Subsequently you send direct mail and you
  see that the turnout would be astounding
Summary


• This chapter deals with certain marketing
  principles

• Do not pin all your marketing goals on a
  smaller marketing tools
Summary


• A coupon that a prospect can clip and send in
  increases the response

• But if you are a professional consultant drop
  the idea of a toll free phone system
Summary


• Try to minimize using pictures and
  photograph in your sales ads

• A picture is not worth a thousand words
Summary


• Avoid negative advertising, which can easily
  backfire

• Make your sales letter look like a letter that
  has been typed up by a friend and the results
  will be superb
Summary


• To sell prevention you have to have a product
  that fits just right

• Run an ad once and it bombs
Summary


• What is real is the perception in the mind of
  the customer

• So get your product an exposure in the
  columns of a prestigious newspaper
Summary


• Likewise hold seminar seminars and press
  conferences

• There should be a reason for a person a
  product
Summary


• Do not underestimate the customer

• The bribing strategy should work powerfully
Summary


• You are the best investment

• Better start your business

• Challenge yourself – put yourself at risk
Summary


• Combine your marketing tools strategically

• Combine and co-ordinate your marketing
  tools to get a multiplier effect
End of Chapter 2
Superb Marketing Principles
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Superb Marketing Principles

  • 1.
  • 2.
    Objectives • After goingthrough this chapter you will be able to understand: – The very best in marketing truths – 17 marketing principles – The work is your life and it is fun – Be specific – Negative factors do not sell – Business is the best kind of investment
  • 3.
    Introduction • Academics andmarketing research brainstormers have been observing, examining, analyzing, comparing and recording everything that has produced results
  • 4.
    Introduction • We candig out the basic fundamental principles of selling and market promotion from them • Make use of them and achieve a spectacular success in the market
  • 5.
    Superb marketing principle– 1 Long copy outsells short copy • It is a fact that longer the story the more the number of the copies it sells • People look out for all the relevant information so as to make a buying decision
  • 6.
    Superb marketing principle– 1 Long copy outsells short copy • They want all queries and doubts cleared • The more words, space and time you take to advertise a product, the more successful you turn out to be in the market
  • 7.
    Superb marketing principle– 1 Long copy outsells short copy • This does not rule out that less detailed, shorter – in dimension and duration • It will be proper to come out with full details
  • 8.
    Superb marketing principle– 1 Long copy outsells short copy • It will not be sufficient if you stop the campaign with a small, insignificant ad • The full display ad will entice the prospects to look out for the full-blown out sales package will do the magic
  • 9.
    Superb marketing principle– 1 Long copy outsells short copy • So, if you must be aware of the fact that pinning all hopes on smaller marketing tools will not be sufficient enough to get a desired level of selling. Long copies outsells short copy!
  • 10.
    Superb marketing principle– 2 The toll free phone calls and discount coupons • Most of the people ignore an ad giving out a listing of telephone numbers • Free phone calls facility boost the response to the ad
  • 11.
    Superb marketing principle– 2 The toll free phone calls and discount coupons • A discount coupon to an ad leaflet will obviously increase the response • A sales letter without the accompaniment of a coupon is discarded
  • 12.
    Superb marketing principle– 2 The toll free phone calls and discount coupons • There a certain negative points for free phone facility • They have nothing to lose, you are the sufferer
  • 13.
    Superb marketing principle– 2 The toll free phone calls and discount coupons • Your valuable time and money go in waste • Such seriously motivated people do not bother about shelling out a few coins
  • 14.
    Superb marketing principle– 3 A picture is not worth a thousand words • We include a photograph in an ad very rarely • A photo can create a sort of puzzle in the viewer’s mind
  • 15.
    Superb marketing principle– 3 A picture is not worth a thousand words • A beautiful shiny picture of a new model car can be seen in an ad placed by Ford motors • It should be seen that the picture does not crowd out the vital information the ad carries
  • 16.
    Superb marketing principle– 3 A picture is not worth a thousand words • Another noteworthy aspect is that if you add a picture in the ad the reader will think that you will stand up to the promise • Setting your ad material wisely is an ideal way out for any marketing campaign
  • 17.
    Superb marketing principle– 4 Superficial statements do not sell • People are fed up with superficial and general statements such as: – Super quality – Fantastic price • People have an allergic attitude towards such tall claims
  • 18.
    Superb marketing principle– 4 Superficial statements do not sell • Give an exact idea of what you are offered for a prospective customer • For e.g. – Loose 12 kg in a week or get your money back – Now your car insurance is 15% cheaper
  • 19.
    Superb marketing principle– 4 Superficial statements do not sell • You give the exact information that is information to the point • Avoid making glittering generalities
  • 20.
    Superb marketing principle– 5 Positive factors outsmart negative • It is never appreciable to arouse the fear factor in the minds of prospective customers • Making people good on the contrary makes them buy
  • 21.
    Superb marketing principle– 5 Positive factors outsmart negative • E.g. – If an auto repair company shows the picture of a smashed car people on seeing the picture feel bad and automatically an association of the auto repairing company and smashed up car frames up in their mind
  • 22.
    Superb marketing principle– 5 Positive factors outsmart negative • There are more corrective ways of giving negative notions such as – If the ad of walker shows pictures of before and after use of it a prospective buyer would definitely be attracted
  • 23.
    Superb marketing principle– 5 Positive factors outsmart negative • An ad that acts as testimony fostering a negative approach that turns on wonderfully is that of the mouth wash listerine – “It says the taste that you hate twice a day”
  • 24.
    Superb marketing principle– 5 Positive factors outsmart negative • You may make a negative statement but do not direct it outward to the prospective buyer • For e.g. – A TV. commercial in U.S. depicts a car mechanic at work looks much tired and irritated making a loud and clear comment, “This car needs $1500 in repairs”
  • 25.
    Superb marketing principle– 5 Positive factors outsmart negative • So, try to avoid negative advertising • Beware – a negative ad can backfire at times
  • 26.
    Superb marketing principle– 6 A sales letter – No, a missive from a friend • Sales letters are called so for all their sense and meanings • The more your sales letter take the form of friendly helpful missive from one of your friends the more it penetrates the minds of prospective buyers letter
  • 27.
    Superb marketing principle– 6 A sales letter – No, a missive from a friend • A business letter to have a friendly look must have certain designs such as: – Its font - Avoid super special type styles and fonts
  • 28.
    Superb marketing principle– 6 A sales letter – No, a missive from a friend • Most important point at this outset is not to use capital letters, which makes it difficult for the customers to read • They may have a feeling of a “loud uttering” and you lose your goal
  • 29.
    Superb marketing principle– 6 A sales letter – No, a missive from a friend • A sales letter differs from an ordinary letter in certain aspects • It will have a headline which an ordinary letter would not
  • 30.
    Superb marketing principle– 6 A sales letter – No, a missive from a friend • Generally speaking, a sales letter has to be a typed out one other than a printed one to create a friendly look and effect
  • 31.
    Superb marketing principle– 7 Sell solutions – not products • A product that solves a serious problem, that is what it means by saying ‘selling solutions’ • The more significant is the problem and the more effortless and cheaper the solution it makes wonders
  • 32.
    Superb marketing principle– 7 Sell solutions – not products • The price will not be a deciding factor as long as it does what you claim to be done • If you succeed in convincing the customer that your stuff delivers, you are in a blue ocean
  • 33.
    Superb marketing principle– 7 Sell solutions – not products • The general rule to be remembered at this juncture – ‘People do not buy to prevent problems they do not face now!’ • There are certain things people want to avoid
  • 34.
    Superb marketing principle– 7 Sell solutions – not products • For e.g. – In a successful ad campaign, TV visual, a cine actor portrays a plumber who digs the entire backyard of a house to reach to the buried septic tank
  • 35.
    Superb marketing principle– 7 Sell solutions – not products • A definite cure sells easily whereas a prevention is not • If the product prospects people who have great concern about certain things sells even if it a prevention
  • 36.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • The law of repetition states that even if you may not make a success at a desired level at your very attempt – repetition definitely does • For e.g. a spider tries again and again and falls down as before it goes on trying
  • 37.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • A majority of business give up a prospective customer in search of another • Continue your efforts till you get your prospect convinced
  • 38.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • Try repeatedly – you are going to make a difference • An experienced marketer shows that first time contacts are almost the poorest as far as response is concerned
  • 39.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • The formula behind the logic is somewhat like this – Tell them what you are going to sell them – Tell them what you have already told them before – Tell them if need be: Do not hesitate or give up
  • 40.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • The TV commercials run their ad time and again, several times in one day • It is better to irritate the prospects than withdrawing too soon without making any significant sale
  • 41.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • The ad should be catchy and adaptive • You will come to know how proper and effective an ad is only after running it several times
  • 42.
    Superb marketing principle– 8 Repeat…. Repeat…. Then repeat • It costs less to repeat an ad a number of times when considered about the turnover it may bring into • The law of repetition is applicable to all tools of marketing
  • 43.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • Most of the businessmen concentrate on sales of their products • Your stuff is going to sell by all means in leaps and bounds
  • 44.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • It’s everybody’s knowledge that if you make people happy they will become your customers • Keep doing the same, they become your regular customers
  • 45.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • Curse the entrepreneur and swear not to buy from him in the future • Their efforts in making fresh efforts will meet several odds
  • 46.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • If you provide satisfaction to the customers the return is enormously large • Sometimes you lose money in making the customer happy
  • 47.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • There may cost you money, but do not back- out in doing so • This attitude will add to the customer’s lifetime value
  • 48.
    Superb marketing principle– 9 Concentrate on customers, the sales will follow • So never lose heart on a first time drawback • After all, it is the customer that brings and not the other way around
  • 49.
    Superb marketing principle– 10 It is the perception, not the product that sells • Build a better mousetrap, the people will make a beehive towards your door • It does not matter how much good or bad it is
  • 50.
    Superb marketing principle– 10 It is the perception, not the product that sells • For e.g., take the case of Heinz and Campbell’s – two brands of soup • Yet Americans refuse to buy Heinz and the Brits do not relish Campbell’s
  • 51.
    Superb marketing principle– 10 It is the perception, not the product that sells • The Americans perceive Campbell’s to be better than the Heinz • If you succeed than you create a win-win situation
  • 52.
    Superb marketing principle– 10 It is the perception, not the product that sells • This does not mean that tons of ads and sweet promises can compromise with the quality of your product • But this is not fair thing to do
  • 53.
    Superb marketing principle– 10 It is the perception, not the product that sells • The product must atleast be equivalent to that of your competitors • You get a flood of repetitions and all the good things that comes with it
  • 54.
    Superb marketing principle– 10 It is the perception, not the product that sells • Concentrate on the customers benefits and not merely on it features • Customers are not bothered what our product is made of
  • 55.
    Superb marketing principle– 11 Getting advertising free of cost • A business cannot thrive only on costly advertising campaigns • You may sell and make enough profit
  • 56.
    Superb marketing principle– 11 Getting advertising free of cost • If such things happen your product will be the ‘talk of the town’ • No other paid advertisement be as powerful a crowd puller
  • 57.
    Superb marketing principle– 11 Getting advertising free of cost • They say that almost 90% of their new business comes from referrals • To gain extra mileage you have to set you publicity machine in top gear
  • 58.
    Superb marketing principle– 11 Getting advertising free of cost • This will kindle a word of mouth campaign • For this to happen you have to offer extra- ordinary service to the customer
  • 59.
    Superb marketing principle– 11 Getting advertising free of cost • Experience will show you that advertising a product after launching it into the market is a highly expensive thing • But free advertising works as magic
  • 60.
    Superb marketing principle– 12 Motivation intensifies interest • You can lead a horse to water – but you can’t make him drink • This holds as long as you do not motivate the horse
  • 61.
    Superb marketing principle– 12 Motivation intensifies interest • It is a usual occurrence that hoards of people enter your shop • After arousing the customer’s interest you have to add some salt so as to intensify their interest
  • 62.
    Superb marketing principle– 12 Motivation intensifies interest • You send a direct mail to customer’s conjuring up an interest in them towards your product • If a customer get motivated he or she won’t look back
  • 63.
    Superb marketing principle– 12 Motivation intensifies interest • Salting your marketing messages is as good as ‘selling the sizzle and not the steak’ • Find all possible ways and means to salt your marketing communication
  • 64.
    Superb marketing principle– 13 Hitting on head • You successfully make a connection when you approach a person and hit him where he can really feel it • That too he was dealing in an expensive brand model
  • 65.
    Superb marketing principle– 13 Hitting on head • The salesman hit close home • The result was imaginary – he made a successful sale no questions asked
  • 66.
    Superb marketing principle– 13 Hitting on head • What magic did the salesman play? – He hit on the prospect’s head – he closed home • So you have to figure out where to hit and how to hit
  • 67.
    Superb marketing principle– 14 The buyer is always smart and alert • P.T. Barnum of Barnum and Baily circus was a great promoter • No one ever went broke by underestimating the intelligence of the American public
  • 68.
    Superb marketing principle– 14 The buyer is always smart and alert • If we give any credence to these great men it would be noticed that we were indeed treating our customers very badly
  • 69.
    Superb marketing principle– 14 The buyer is always smart and alert • Customer is much more sophisticated, you cannot fool them a bit • So when you are writing an ad don’t treat the customer like an idiot
  • 70.
    Superb marketing principle– 14 The buyer is always smart and alert • Fairfax cautions you to be straightforward in your marketing efforts • But soon they realized the fact that deception does not pay
  • 71.
    Superb marketing principle– 14 The buyer is always smart and alert • If you want to succeed never try to deceive the people • These are the people that you are going to sell the product to
  • 72.
    Superb marketing principle– 15 Bribe your customer • There is hardly any tool so effective as a bribe • Giving something to people that they are badly in the need of is an absolute way of motivating them to do something you are in need of
  • 73.
    Superb marketing principle– 15 Bribe your customer • So there is no harm in bribing the customer • Everyone falls for a bribe irrespective of whether a commoner or millionaire
  • 74.
    Superb marketing principle– 15 Bribe your customer • These also amount to bribing. Marketing studies show that a major chunk of people who get something free with the purchase remember the brand name over a year later
  • 75.
    Superb marketing principle– 15 Bribe your customer • Another advantage to bribing is that it goes well with any kind of marketing tool • Some goes well with a sales phone call offering something extra with each purchase
  • 76.
    Superb marketing principle– 15 Bribe your customer • You have to get satisfactory answers to the following questions: – How much money could you set aside towards freebees – What to bribe for different section of people you target – Is you bribe desirable
  • 77.
    Superb marketing principle– 15 Bribe your customer • You have to get satisfactory answers to the following questions: – Is you r bribe a unique one – How many people your intending to bribe – What message should accompany your bribe
  • 78.
    Superb marketing principle– 15 Bribe your customer • There a many companies who are specialists in arranging bribe items • There are a number of special items that would serve as a bribe such as free video tape
  • 79.
    Superb marketing principle– 15 Bribe your customer • The bribes are used to – Motivate a prospect to ask for your product – Get your sales staff busy selling – Act as an advertisement supplement
  • 80.
    Superb marketing principle– 15 Bribe your customer • Getting a free publicity from the press • Increase trade enquiries through phone calls • Get cheaper ad sales from the media
  • 81.
    Superb marketing principle– 15 Bribe your customer • Always test how your bribe works • You must check whether your bribing strategy works and that too powerfully
  • 82.
    Superb marketing principle– 16 You are the best investment • People invest large sums in the stock market • The more risky an investment is the more rewarding it is
  • 83.
    Superb marketing principle– 16 You are the best investment • But the best possible investment of all is yourself • A small ad with a simple idea can have a great potential
  • 84.
    Superb marketing principle– 16 You are the best investment • When you invest in your own business you can control all matters relating to it • As long as you are in your own business you take charge of your own life
  • 85.
    Superb marketing principle– 16 You are the best investment • No business is without an element of risk involved in it • The failures in business are not really failures but lessons which enables you to learn the intricacies involved in a certain kind of business
  • 86.
    Superb marketing principle– 16 You are the best investment • For e.g. – If you fail to get response after coming out with an ad you are trying a repeat with certain changes – When your ad clicks you reap the returns ten times your investment in a short span
  • 87.
    Superb marketing principle– 16 You are the best investment • So think that you yourself are the best investment of all • Put yourself at risk – you ignite beneath your seat and you get going like a rocket
  • 88.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • We all know the adage ‘unity is strength’, this is applicable in every aspect of one’s life and goes well with marketing too • Even your close competitors would be dumbstruck
  • 89.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • For e.g. – A university professor quit his job and plunged into the market with his accelerated learning program – The radio ads proved to be a big flop
  • 90.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • For e.g. – He went back to his phone calls – There was hardly any cold treatment – This was because of the radio ads
  • 91.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • What we learn from this is that when you combine your marketing tools they increase the penetrating power of each of them • If a print ad is given as a follow-up the result would be even better
  • 92.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • After choosing a particular area as a target give out a series of print ads • The result would be amazingly fantastic
  • 93.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • Quoting a higher price in ads during the first round of marketing and follow it up with a little reduced price • The real price of which you want to seal should be the second price tag
  • 94.
    Superb marketing principle– 17 Combining all your marketing tools take you into the sky • Even if the response for a print ad circulated may quote a higher price • Subsequently you send direct mail and you see that the turnout would be astounding
  • 95.
    Summary • This chapterdeals with certain marketing principles • Do not pin all your marketing goals on a smaller marketing tools
  • 96.
    Summary • A couponthat a prospect can clip and send in increases the response • But if you are a professional consultant drop the idea of a toll free phone system
  • 97.
    Summary • Try tominimize using pictures and photograph in your sales ads • A picture is not worth a thousand words
  • 98.
    Summary • Avoid negativeadvertising, which can easily backfire • Make your sales letter look like a letter that has been typed up by a friend and the results will be superb
  • 99.
    Summary • To sellprevention you have to have a product that fits just right • Run an ad once and it bombs
  • 100.
    Summary • What isreal is the perception in the mind of the customer • So get your product an exposure in the columns of a prestigious newspaper
  • 101.
    Summary • Likewise holdseminar seminars and press conferences • There should be a reason for a person a product
  • 102.
    Summary • Do notunderestimate the customer • The bribing strategy should work powerfully
  • 103.
    Summary • You arethe best investment • Better start your business • Challenge yourself – put yourself at risk
  • 104.
    Summary • Combine yourmarketing tools strategically • Combine and co-ordinate your marketing tools to get a multiplier effect
  • 105.
    End of Chapter2 Superb Marketing Principles
  • 106.
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