Marketing Information

Happy Hunting!


Before you ever get on the telephone, send a marketing piece or set up an appointment with a potential customer, you must first identify whom that customer might be. To do that, you will need to create an "ideal customer profile"-a profile of who would be the best possible prospect for you and whatever you are selling.

Be very specific. You are creating the model to which you will match all prospects. The more specific you are, the easier it will be to find those prospects. Look at the entire demographics, location or target region, revenues, number of employees, specific industries and, especially, the title of the decision-maker. If you are in the consumer market, look at age, income level, marital status, interests... whatever might be relevant.

Once you have an ideal customer profile (and, by the way-you could have several different ideal customer profiles with a different approach for each), go to the library and tell the librarian exactly what you are looking for. She can probably tell you exactly where to find it-for free. At the library they have association directories, trade journals, business directories?

You can also join associations in related industries where you might find prospects. This will provide you with valuable networking opportunities, along with a membership directory. If you do not want to join an association, contact them anyway; sometimes associations sell their membership directories. You can do the same thing with trade publications in related industries. They sometimes sell their subscriber lists.

Your local chamber of commerce is also a good place to look for leads. And one of my favorite resources is the telephone book! Looking for prospects in a particular industry in your neighborhood? Open up the business yellow pages. There are online resources as well, such as http://www.hoovers.com, although there is generally a fee associated with these.

The last resource for finding leads is to rent a list. Find a broker with whom you are comfortable-someone who listens to your needs, is knowledgeable and helpful. And be specific about your parameters. The list broker acts as a liaison between you and the list owner. The broker works for you. You can also rent lists from list owners (i.e., companies or organizations that own their own in-house lists) or from list managers who are hired by list owners to manage and market their lists. Lists are generally rented on a one-time basis. If you rent a list and turn a prospect into a client, that client then becomes part of your in-house list or database (which, later, you can rent out!).

Because I almost never rent lists, I have asked Amanda Puppo, CEO of MarketReach, Inc., a New Jersey-based company focusing on appointment setting, list qualification and surveys, to give us her advice on renting a list. Amanda says:

1. Shop competitively on price, but remember that you want a source that will deliver what's promised and a broker that will be resourceful in helping you target your list.

2. You should (affordably) get the following "selects" on each "record": owner/president, address, phone number, fax number and often the staff size and sales volume, if you are going after businesses. If you are targeting individuals, you can get information like homeowner/renter status, marital status and income.

3. A good list company updates their lists at least once a quarter. The best ones do so once a month. People move. Companies go out of business. Situations change. A good list allows you to spend your time productively on qualified information. A company that only updates records once a year (especially in the personal/individual market) may not have the most recent information, which will limit your success.

4. The good news is that a targeted list of approximately 500 companies should cost no more than a few hundred dollars. The more records you purchase, the less the cost of each individual record. Each record will cost you between 15 and 90 cents, depending on how comprehensive the information.

You can reach Amanda by email at Amanda@marketreach.biz or by phone at (609) 448-6364.

Happy hunting!

Wendy Weiss, "The Queen of Cold Calling & Selling Success," is a sales trainer, author and sales coach. Her recently released program, Cold Calling College, and/or her book, Cold Calling for Women, can be ordered by visiting http://www.wendyweiss.com. Contact her at wendy@wendyweiss.com. Get Wendy's free e-zine at http://www.wendyweiss.com.

© 2004 Wendy Weiss

  


MORE RESOURCES:

LA reveals unveils new tourism marketing slogan
San Jose Mercury News,  USA - 2 hours ago
AP LOS ANGELES—The city on Friday unveiled a new marketing campaign built around the slogan "That's So LA" to keep tourists coming despite the nation's ...
New campaign to boost LA tourism abc7.com
all 23 news articles


Reuters

Audi says it will increase US marketing efforts
Chicago Tribune, United States - 4 hours ago
Those marketing dollars have an aim to push Audi US sales to 200000 vehicles by 2018. Schwarzenbauer said the company has a goal to sell 1.5 million Audis ...
Audi plans record US marketing spending Reuters
Audi plans to boost US marketing budget Automotive News
Audi says it will increase US marketing efforts Fox 28
DetNews.com
all 16 news articles


Columbus tech firm buys Dayton marketing company
Bizjournals.com, NC - 7 hours ago
Implications International, which specializes in interactive marketing, brand design, and Web development, has offices in Peoria, Ill., Mumbai, India, ...


Wellstar/TMI Begins Marketing Imaging System to Long-Term Care ...
MSNBC - 2 hours ago
TMI's marketing plan includes a program where LTC facilities can lease the equipment necessary to perform skin assessments and store the necessary data ...


Halekulani to get marketing boost from Japanese hotel
Bizjournals.com, NC - 6 hours ago
Effective April 1, Imperial Hotel will start reservations service, sales, marketing and public relations activities within Japan for Halekulani and Waikiki ...


Proton Laboratories Announces New Sales & Marketing Office
MSNBC - 19 hours ago
Proton will start by marketing a variety of enhanced water products that provide health benefits for people and the planet as well as the commercial product ...
Proton Laboratories opens Southern California office Bizjournals.com
all 9 news articles


Zoo honored for marketing campaign
Salt Lake Tribune, United States - 4 hours ago
... different companies around the US The Utah Chapter of the Society for Marketing Professional Services recognizes excellence in marketing communications ...


Boston Globe

FedEx trims '09 marketing budget by 25%
Bizjournals.com, NC - Jan 8, 2009
United Parcel Service Inc. rival FedEx Corp. will cut its marketing budget by more than 25 percent for 2009, the company recently disclosed on its blog. ...
FedEx cuts marketing spend by more than 25 percent Reuters
FedEx cuts marketing budget DM News
FedEx to reduce marketing budgets by 25% Brand Republic
all 45 news articles


Katz Media Launches New Marketing Unit
FMQB, NJ - 10 hours ago
Katz Media Group has launched a new, national marketing unit that will create custom solutions for advertisers and their agencies with the goal of ...
Katz Launches National Marketing Unit, Trims Staff Media Buyer Planner
Katz Media Group forms marketing unit BtoB Magazine
Katz creates unit to handle ads for new radio platforms SmartBrief
all 6 news articles


Examiner.com

Cape May tourism department wins marketing award
Examiner.com - 14 hours ago
by William Sokolic, Jersey Shore Examiner The Hospitality Sales & Marketing Association International will recognize the Cape May County Department of ...

marketing - Google News

Article List | Index | Site Map
All logos, trademarks and articles on this site are property and copyright of their respective owner(s).
The comments are property of their posters, all the rest is Copyright © 2006 CanadaSEEK.com - All Rights Reserved.