What’s the Hardest Part of Marketing Yourself?

In my Fast Track Marketing System I divide marketing into seven very specific modules:1. The Game of Marketing2. The Mindset of Marketing3. Marketing Messages (Your Value Proposition)4. Marketing and Selling Conversations5. Written Marketing Materials6. Marketing Strategies7. Marketing Action PlansAll of these have their particular challenges. But in my experience in working with thousands of Independent Professionals, it’s #7 that seems to be the hardest for most people.After all, most of the other 6 modules are all about preparation to market yourself.You learn the basics of the game of marketing, you work on your marketing mindset, you develop marketing messages, conversations, and written marketing materials, and ultimately choose the marketing strategies to get the word out.And then the rubber hits the road. You have to actually get out there and connect with potential clients through networking, speaking, an eZine, social media, emails, etc.For most, the bottom falls out of their marketing at this point. It simply goes nowhere, or more specifically it goes into the infamous “Random Zone” where things are done haphazardly and inconsistently.If people have worked to develop the whole foundation of their marketing first, know who their target market is, have put together a web site and have practiced their marketing and selling conversations, they are going to have more success.But even the well-prepared struggle with implementation.Why is putting action plans into action so hard? Here are three of the most common ones. Are they familiar to you?1. As soon as you start reaching out, you face possible rejection. What if your message, your talk, your emails fall on deaf ears? What if your potential clients could care less? What if they outright rejected your promotional efforts?We conjure painful mental images in our mind that stop us cold.For this one we need to work again on our mindset, on our thinking, realizing that if we reach out and people aren’t interested, that it’s not personal. They don’t hate us; either they are simply not good prospects right now or our message doesn’t have the impact it could.So reach out to new prospects and keep improving your messages.2. It takes way more time and effort than you ever thought it would. We think of marketing as a few promotional things we do here and there. This should be easy, we think. But it’s not.Time to do a reality check. Any marketing activity takes time, effort and commitment to make it work. Marketing is a bit of an art and nothing works perfectly on the first draft.You need to make detailed and realistic plans based on strategies that others have used successfully in the past. If you just make it up as you go along, your chances of success are very slim.3. It’s never good enough and although you might even know what you’re doing, you put off your marketing launches until everything is perfect… but it never is.What underlies this are beliefs about perfection, not being good enough and being judged by others. It’s not so much rejection you fear, but disapproval. What will others think of you?Well, if your marketing campaign isn’t relevant to those you are targeting, it’s not a big deal. They’ll just ignore it. They won’t think much about it at all. But for the ones that are looking for what you offer, they’ll not only be interested, they’ll respond.Your prospects are not looking for perfection from you; they’re looking for assistance and value. If you’ve got that, perfection is virtually irrelevant.I’ve done a whole lot of marketing action plans that were rejected by most people, took me a long time to implement, and were far from perfect. And most of them have made me hundreds of thousands of dollars!Marketing success is about know-how, value, commitment, and persistence. Everything else is just a distraction.The Fearless Marketer Bottom Line: There could be a lot of other things stopping you from following through with your marketing plan as well. The question is, where are you going to focus – on your fears and worries about rejection, time, and perfection – or are you going to focus on the value and difference you make and give your marketing plans a real chance?

Brand Conscious

The ultimate recognition when Bill Dedman said -Brand names are well known to business school professors, but only one professor is a brand name herself. Call her Professor Oprah. There can be no greater appreciation when one’s own name becomes a brand in itself and it is accepted globally. Even our fictitious “Gabbar Singh” is a brand representing a certain quality of person, albeit stereotypical.Some brands come out to be very powerful as Sara Blakely puts it, It’s the power of the brand. We’ve never formally advertised. I don’t know if you are familiar with this snippet, Half a circle, full a circle, half a circle A. Half a circle, full a circle, right angle A. We, as kids in the late 60s used this as a brainteaser to confuse our friends, the answer to which was. This is the power of the brand when it becomes a part of everyday life.Look at the truth behind the following:
*How many of us use the term “photocopy”? We mostly use “Xerox”.
*Do we say “search the Net”? No. we say “Google it”.
*Seldom do we say “petroleum jelly”. We always say “Vaseline” which is a trademark of Unilever.
*”Walkman” is a Sony brand. The generic name is “Personal stereo”.
*We say “Ziploc” and not “Zipper storage bag”.There are numerous such examples, many of which would surprise you such as, Aspirin (acetylsalicylic acid), Bikini (two-piece swimwear), Cellophane (transparent regenerated cellulose sheets), Dry ice (solid form of carbon dioxide), Escalator (moving staircase), Kerosene (combustible hydrocarbon liquid) and Thermos (vacuum flask).What is a brand? As defined in BusinessDictionary.com Unique design, sign, symbol, words, or a combination of these, employed in creating an image that identifies a product and differentiates it from its competitors. Over time, this image becomes associated with a level of credibility, quality, and satisfaction in the consumer’s mind. Thus brands help harried consumers in crowded and complex marketplace, by standing for certain benefits and value. Legal name for a brand is trademark and, when it identifies or represents a firm, it is called a brand name.In other words, a brand goes beyond a mere name or a logo or icon. It is a promise to your customers of a certain kind of product or service. A brand combines several elements which include logo, words, type font, design, colors, personality, price, service, etc. You should also look at the attributes of your product/service and incorporate them into your brand. When you think of SONY you immediately get the picture of top quality consumer electronics and BENZ reminds you of best in class German engineering in automobiles.*Your brand is your public identity, what you’re trusted for. And for your brand to endure, it has to be tested, redefined, managed, and expanded as markets evolve. Brands either learn or disappear. Lisa GanskyWhy do you need a brand? Every company needs a brand including startups. With the short attention span of customers in today’s environment, standard advertisements do not register. When you watch TV how many commercials do you view or remember? Maybe, only the radically unconventional ones or those related to well known brands and there too you may not remember the actual advertisement.What goes into the making of a brand? The creation of a brand is a complex and time consuming but extremely crucial activity. Here, let me show you some of the elements and their impact:
*Name: This is not just a word or a set of words. “Apple” or “Idea” is not just a word; they provide a feeling, a promise. In the case of Apple the promise is of quality and exclusivity. In the case of Idea it is technology reaching out to the common masses.
*Logo: This is the visual representation that identifies the brand. The LIC logo of a pair of hands holding a lamp symbolizes to secure/protect the light of life.
*Signature phrase: A very important component for any brand. We all know “The Taste of India” is associated with AMUL (Gujarat Co-operative Milk Marketing Federation Ltd).
*Graphics: The graphical design (shape, color, font, etc.) of the entire brand including the logo. Air India has mascot in the “Maharaja” as well as a logo.The Centaur that has now been replaced by a red colored flying swan with the “Konark Chakra” in orange, placed inside it. The design and color combination on each aircraft also contribute to the brand.
*Shapes: The distinctive radiator grill of the Rolls Royce automobile is never changed across its numerous models.
*Sounds: Tunes and musical notes add to the experience. The chimes of Microsoft Windows, Mozart’s 25th Symphony used for Titan watches.There are other elements such as scent and taste that can also go into making of your brand. Companies have even used the services of linguists to help create their brands.”People need patience. It takes time to build a brand.” Carmen BusquetsAchieving a level where your brand becomes a part of daily jargon can take years and may or may not signify something good for you. For some of these brands the owner companies have completely dominated the market and they continue to reap the benefits. For most, however, the owner company has faded into oblivion while the brand lives on.

Best Alternative For Small Business Loans – Business Cash Advances

The topic of small business loans in the world today is a relatively large topic, primarily because of the fact that so many people are going to get business loans or alternatively want to get business loans in order to start a small business. While this is an admirable goal, a combination of current economic conditions and the general difficulties of getting a small business loan have made it a poor option for most people. Instead of getting sucked into a bad small business loan, there are alternatives that you can explore. One of these alternatives is a business cash advance and it compares very favorably to small business loans in a number of different categories.RequirementsThe requirements on business cash advances are a lot easier than on small business loans. For a business cash advance, all you need to do is have a track record of sales in your company, process credit card sales and get a minimum monthly amount of those sales in order to qualify for unsecured loans that the business cash advances represent.On the other hand, small business loans require you not only submit all of your personal information in a process that seems designed to hassle at times, but you also need to have great credit and meet a lot of other minimum requirements as well. The only conclusion possible is that it is a lot easier to get a business cash advance than a small business loan.AmountAnother big difference between these two types of loans is the amount of money that you can potentially get. Even if you are approved for a small business loan, you are not going to be able to get that much money unless your business is hugely profitable and the credit rating is excellent. Even for expansion, you would be lucky to get $100,000 in a small business loan. With business cash advances on the other hand, what people are beginning to find is that they can sometimes get as much as 5 times that amount. That’s $500,000, certainly an amount of money that would help you facilitate any plans for expansion your small business might have in the near future.RepaymentRepayment is another huge issue. When you are involved in a small business loan, you are going to have to repay on a set schedule that essentially forces you to move money around in a way that might not be conducive to the way your business works. This in turn forces you to do things differently and that in turn could have negative effects on the cash flow situation of your particular business.With a business cash advance however, the money to repay the loan comes directly from the processed credit card sales that your company has accrued. Therefore, all you have to do is simply set those sales aside for the repayment and then use your other revenue generators for the general expenses in your business. Repayment therefore is made extremely simple and that allows you to pull attention away from the loan and focus it on your small business where it belongs.