Feedback Form
Home Features Mastermind Videos About Advertise Blog Network Contact
   

Have A Suggestion?
Toronto Salsa Classes / Toronto Salsa Lessons Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
Have A Suggestion?

Featured Ebook


ebook Famous Entrepreneurs - Modern Empire Builders


Featured Ebook

More Evan Carmichael
Have A Suggestion?

Sales Lessons From Starbucks And Dell

The Biggest Marketing Secret in the World - Even Billion Dollar Companies Don't Know This



The Biggest Marketing Secret in the World - Even Billion Dollar Companies Don't Know This
   

People want to buy from a person, not a company. Think about this yourself. You will remember a company when you liked the person there and want to buy from the company again because of it.

You don't care about the name of the company, what's that got to do with a benefit to you?

Let's face it. We're all selfish. We care about ourselves 10,000 times more than another person, let alone a company. So what we base our decisions on are emotional benefits... to ourselves.

With that 'filter' in place, we look at how we want to spend our money.

We want to trust the company we buy from, but as companies don't have a personality, we look at the person who represents the company in the ads.

If a company is brave enough to put a personality forward in their marketing, by using a person's name, then we judge whether they are relatable to use. If they are, we think, that company might be worth buying from... I relate to that person. And as I relate to that person, the company must be okay too.

There are two fantastic examples of this to demonstrate the point. There is a major retailer that promotes their company name and brand themselves as the biggest retailer of electrical appliances. They hammer this in all their advertising. But they never give you a person to relate to.

Another major retailer entered the market place over 20 years ago and they told a story of how they got started and kept running ads with the CEO on them. His voice was always on the ads and he personalized the company because he was the person you related to and bought from.

This second company now totally monopolizes the retail industry and left the biggest retailer of electrical appliances way behind.

This same company decided to branch out with a store that competed with its own, however there was no owner promoting the new store. I realised right then the CEO didn't understand why his own major franchise was successful! How incredible.

Another example happened with an insurance company. One company had the country sewn up. It had massive market share, but then another insurance company came along and personalised their company by using a pretty lady to represent their company on all their advertising.

Then they put a catchy jingle on the end with the pretty lady smiling and bingo, they took over the market share in very quick order.

So if this principle works for billion dollar companies it will work for you in your small business.

How are you representing your company with all your marketing?

Are you giving them a person to relate to, or do you expect people to like your company?

You don't trust companies, you trust the people you see and talk to who represent the company. Who is representing yours?

How do you use this principle? Simple.

Always use a photo of a person in your marketing, preferable yourself the business owner.

And remember this law of advertising...

There are always two sales you have to make in business; firstly there is the person then after the person is 'sold' to the customer, next comes the company.

If you skip the first step your sales will never be great. If you do it well, your company may just become the next billion dollar company that takes over from some other's monopoly of the industry.

The Biggest Marketing Secret in the World - Even Billion Dollar Companies Don't Know This - To learn more about this author, visit Tim Stokes's Website.

Like this article? Share it with your friends
[Get Copyright Permissions] E-Mail | Print | More  


Related Articles Related Articles
The Biggest Marketing Secret in the World - Even Billion Dollar Companies Don't Know This
  The biggest marketing mistake is caused by not knowing a simple fact... People like to buy from people they relate to. Are you failing to making your business relate-able without even realizing it?
Marketing: winning in the Search Engine Game
  Marketing: winning in the Search Engine Game The best way to find new customers is to make sure they can find you It’s the million dollar question – how do you get people to find your website when they’re acti...
Is the Government of Canada's Shared Services Strategy a Threat to Small Business (Survey Result 2)
  Many key stakeholders both within and external to the Government of Canada (GoC) see a shared services strategy as a threat to the Small-Medium Enterprise community? Do you believe that the current GoC shared se...
Liquid Gold: How Candler Turned a Drink into an Empire
  “Every human life is made to fit some place, and there is a place for every life,” Candler once said. “The lives and the places are made for each other that they may serve the purposes of the God who made them.” In ...
What are the 3 biggest challenges faced by supply chain/purchasing professionals today? (Survey Result 15)
  There are many factors both internally as well as externally that are affecting supply chain/ procurement practices today. From the growing talent vacuum to the continuing lack of collaboration between Finance, IT a...

Related Forum Posts Related Forum Posts
Secrets of Self-Made Millionaires Secrets of Self-Made Millionaires
What Tips It Over The Edge? What Tips It Over The Edge?
Please help me before I give up!!! Please help me before I give up!!!
Name for website Name for website
Re: On taking Action Re: On taking Action
Re: Best Internet Marketing Strategy Re: Best Internet Marketing Strategy
Cool Companies magazine Cool Companies magazine
Let's talk franchising! Let's talk franchising!

 
About the Author


Tim Stokes
(Visit Tim's Website)
Tim Stokes is a professional business builder and small business coach. He teaches business owners to have a life of freedom from implementing a 7 step process to build your profit margins and free up your time. Go to www.businessfreedomworkshops.com.au to find out how more.
Have A Suggestion?

View Author's Blog
Become An Author

View Author's Video
Become An Author

Free Downloads


Tim Stokes's

Complete
List Of
Business-Coach
Articles

First Name
Last Name
Email
 
If you enjoyed this article, get Tim Stokes's Complete List of Business-Coach Articles For FREE!

More Tim Stokes
Marketing Its All in the Packaging
How to Increase Sales and Profits Without Spending a Cent
Marketing Made Easy
How to Recruit a Fantastic Employee Using a 3 Step System No One Knows
How to Manage Your Business by Focusing on Two Important Aspects
The Origins of All Stress How to Understand It Deal With It and Conquer It
How to Write Your Own Business Marketing Plan
How to Own a Business Instead of a Job
What is The Greatest Secret for Success in the World
What Are the 7 Proven Principles to Business Success
Become An Author