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Friday, June 6, 2008

Build a Marketing Strategy for Success: 3 Tips for the Small Business Owner - Tip 1

Networking and direct contact: This has been proven to be the FASTEST way to get business results. It will achieve the greatest ROI if you do it well. I have a good friend, Ruth. We met at her FIRST networking meeting for her business (she didn’t even have business cards yet!). Two years later, she has an actual storefront and two staff members! When you network, you must realize it is about putting others first, not you and your business. People help you faster when you help them! Also, beware of “FREE” networking events. You want to show up at events where people can afford your product or service.
Three tips to maximize ROI with Networking:
1- Show up regularly; occasional participation does not work, since you cannot build relationships if you aren’t consistent.
2- Show interest in others; remember that people like to talk about themselves.
3- Follow up after the meeting. This is so critical – it is respectful and helps close the deal and refer business faster.

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