Customers Will Teach You!
Al Hanzal
The fastest and safest way to improve your small business is to
create a business niche for yourself. Create a niche, promote your
expertise, customers come knocking at your door and you make more
profits.
If you will let them, your customers will teach you where to take
your business. The strength of your small businesses is your ability
to learn from your customers. You have constant contact with your
customers. They will teach you how to make more profits in your
business. They will show you where to create your business niche.
This 15 minute exercise uses five of your favorite customers. To
complete the exercise, think about and remember the names of five
favorite customers. Remember the buying process they had with you.
Take a moment to write down their names.
Below is a list of reasons why customers buy products and services.
For each of your five customers indicate what reason, (they may
have two reasons), why the customers purchased from you.
Reasons Customers Buy from You
___They bought because of my credibility
___They bought because of my guarantee
___They bought because of my solution to their problem
___They bought because of immediate gratification
___They bought because of the neatness of my business
___They bought because of my price
___They bought because of my convenience
___They bought because of my professionalism and expertise
___They bought because of other's opinion of my business
___They bought because of my customer service
___They bought because of my quality
___They bought because of my innovations
___They bought because of their great shopping experience
___They bought because of my brand name
___They bought because you made it easy to shop
___They bought because of my reputation
Market what's working!
As you look at the reasons you checked, what pattern emerges? What
are the reoccurring reasons customers are buying from you? If these
are the reasons why five of your favorite customers are buying from
you, how can you promote these same reasons in your business, your
marketing and your advertising?
The process is simple. (If you want to be more sophisticated, complete
the same exercise using a larger number of your paying customers).
You are taking what is successful and reproducing it, enhancing
it, in other areas of your business. You take what's working with
your favorite customers and broaden its scope to other parts of
your business. This will help increase your profits. This is also
the foundation for creating a business niche.
In this simple exercise, you let your customers teach you how to
make more profits. They are also showing the direction in which
to create your business niche.
If you want to learn more about the niche building process, you
will want to read my free report, "Niche Building: More Profits
with Less Effort". This report shows you how niche building
can increase your profits with fewer efforts. It's free! Just click
"reply" to this email or send me an email at Al@hanzal.com
and on the subject line, put "Free Niche Building Report".
I will send you the free report.
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