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Christian InTech Articles - Home Business
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Basics of Starting a Home Based Business
The are many advantages to starting your own home based business. You can become independent or just earn some extra supplemental income. You home busines will create new tax deductions which you can take advantage of thereby reducing your taxable...
I Wanna Hold Your Hand: First Time Homebuyers
The Empowerment of Owning Your Own Home Purchasing a home is one of the most powerful and terrifying events of a person’s life. It is a challenge, but once this challenge is met with strategic planning, knowledge and excitement it becomes an...
Must-Do Before Starting Up A Work At Home Business
The thought of earning a residual income without leaving the
comfort of your own home is really appealing and interesting.
That's the main reason why there are more and more people who
want to invest in a work at home business. But the truth...
Secured Loans for Homeowners: The Best Choice For Borrowers
Homeowners in UK can use their home equity to get a secured
loan. Designed exclusively for the homeowners in UK this loans
carries very low interest rates. The collateral being offered by
the property or home equity, secured loans for the...
Work From Home? How Do You Decide?
With the advent of information technology and the Internet,
work-from-home schemes had been a continuous trend for so many
years now, and it seems to be getting better each day.
So, here you are trying your way to get out of the...
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10 Quick Steps To A Home Business Marketing Plan
10 Quick Steps To A Home Business Marketing Plan
by BB Lee (c)2003
(500 Words)
Did your know that without a solid marketing strategy your home based
or small business will struggle to find success.
You will need a marketing plan or strategy to introduce your
business to the consumer market. To create a buzz about your
business and keep it in consumer minds. Buzz and familiarity
will create demand for your goods.
And if this is successful...consumers will line up to purchase your
goods or service, leading to P-R-O-F-I-T-S.
Simple enough?
You would be astonished at the number of business owners who
start a new business without a solid marketing plan in hand.
What follows are 10 tips to draft your own marketing plan
quickly and easily. Adapt them to fit your business goals.
1. Research
You must know who are your best customers for your business,
what are their purchasing habits, their income level,
education level, are they male, female, young, older,
city dwellers, suburbanites, and who are your direct competitors.
2. Target
Think of a unique angle or a niche to fill with your service.
For example, there are hundreds of day care services in most
communities. Here's an example, zero in on low income single
moms with special needs children. Offering care they could
not get for the same price. Or you might decide to open your
day care center earlier and close later in the day than
similar centers for parents who work long hours.
3. Details
Write a detailed report of what you are offering. This will
help guide you when you write classified ads or business
sales letters.
4. The Competition
Find out who is marketing a similar service in your community.
How much they charge and their unique selling point.
Determine ways toout finesse them.
5. Mission
Statement
Write a mission statement telling who you are and what you are about.
Explain what you are selling and add your unique selling point.
6. Marketing Idea
How will you create demand for your product? By offering extra's,
quality, performance, price.
7. Price
How much will you charge. Will you charge less than the
competition to attract new customers. Charge a similar price,
but offer extra's. Or you could charge slightly more and provide
better quality. Use this as a unique selling point.
8. Budgets
How much money will you invest in marketing your product:
daily
weekly
monthly
9. Goals
What income are you forecasting per week, month, year?
How many sales per week, month, year?
How many customers served per week, month, year?
10. Success
What methods will you use to measure a successful marketing plan?
Reaching a predetermined income.
Selling more than the competition.
Satisfied Customers.
At the end of a year review all your marketing statistics.
Did you reach your goals? If you did not reach your goal,
revise your marketing plan until you find a winning strategy.
Need More Info?
Visit your local library for books on marketing plans or
read the many free marketing ebooks found online. Read every
thing you can on advertising or marketing. Set up your own
research files on marketing strategies. Keep striving to improve.
______________________________________________________________
BB Lee is Editor/Publisher Of SmallBizBits Home Based Business
Newsletter. Subscribe Now For Unique Startup Ideas, Great Home
Business Articles, Tips, Advice.
Visit:http://www.angelfire.com/zine/smallbiz
mailto:smallbiz@angelfire.com
_______
About the Author
BB is editor and publisher of SmallBizBits home business newsletter and a published freelance writer.
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