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  • Hub You - How to Take Your Competitor's Customers

    Why is It So Important to Hire Exceptional People?
    The people we hire for our business become our goodwill ambassadors. We, as owners, are sometimes predisposed, and the people we employee represent the image of our business, the brand we are developing, and the standards our business is based on.As business people, we need to protect ourselves and incorporate security measures regardless who we hire. We will be able to track any theft in money or merchandise. That’s just good business!!The snag might be that we can’t always check all the time if our customers are being served properly, or standards are being kept in place during our absence. Just think how nice it would be at times to have exceptional people watching the shop, making money for us, while we are having some enjoyable time away. This means we
    eed to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that

    Buy A Business Like This... And It's Almost Guaranteed You'll Go Bankrupt In A New York Minute
    If you've ever wanted to buy a business that is obviously undervalued by its owner -- one that is under-performing now but that you think you could turn around and make a killing with if you bought it -- then this will be one of the single most important articles you ever read, and will save you a lot of money and time.Here's why: People come up to me all the time and ask what my best "technique" is for finding profitable but undervalued businesses to buy.And I basically tell them two things.1.) First of all, you have to get this "undervalued business" idea out of your head. Because you’re going to find the return you get on the money you’ve invested, and time you’ve invested (and that the investors invest if you use investors), is going to be quite
    Growing your brand’s market share demands taking customers from the competitor’s camp meaning that you need to change a purchase behavior and break what may very well be a long-standing and habitual pattern. Change is the keyword and change is the key. It is not an easy thing to accomplish—nothing of great value ever is. Napoleon once said, “If the art of war were nothing but the art of avoiding risks, glory would become the prey of mediocre minds.”

    Too often, we are our own worst enemy. Because we lack the ability to look at our own business dispassionately, we deceive ourselves and begin to believe our own rhetoric. It is, after all, human nature to believe in those things that provide us with the greatest comfort. Victory belongs to those who are intellectually rigorous and are willing to challenge the core of their own business beliefs.

    How is Preference Created? Do you believe that you can create a preference for your brands because you have a better product? Do you believe that you can initiate trial (which is the first step in stealing market share) by claiming that your product is better or by demonstrating some intrinsic product benefit? To those that agree with these statements, we believe there is a flawed assumption in that logic. It assumes that the customer you are targeting has already developed dissatisfaction in the choices they have already made.

    Think about this flawed idea logically. If you are trying to encourage a Budweiser drinker to switch to Coors, can you get them to switch by telling them that Coors tastes better? Impossible. There are no beer drinkers who hate the beer they currently drink. Believing that the customer chooses their beer based on taste is simply another fallacy.

    In research that we have conducted with blindfolded beer drinkers, they cannot correctly choose their own brand of beer out of a choice of similar styles.

    Obviously, there is something else going on here besides product attributes and efficacy. Choices are made and more importantly, re-made, based on factors that are not always cognitively recognized by the customer. Understanding those factors is the leverage you need to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that a

    Word Of Mouth Marketing - 3 Simple Tactics Will Guarantee Your Word Of Mouth Marketing Success
    By now everyone on earth knows what word of mouth marketing is. There is even a word of mouth marketing association, which seems bizarre since isn't word of mouth what we as humans do? Do we have to be taught how to market by talking about it?And since we all know the reverse side of the 80/20 principle, that twenty percent of everything we do is likely to generate eighty percent of our profits, shouldn't that apply to word of mouth marketing too?Here are three word of mouth tactics that will increase your profits be eighty percent.Do there three things right and the results will follow. If you want to fill up your days by joining a word of mouth association, even a tips group, knock yourself out. None of those things will have much of a payoff for yo
    our own business dispassionately, we deceive ourselves and begin to believe our own rhetoric. It is, after all, human nature to believe in those things that provide us with the greatest comfort. Victory belongs to those who are intellectually rigorous and are willing to challenge the core of their own business beliefs.

    How is Preference Created? Do you believe that you can create a preference for your brands because you have a better product? Do you believe that you can initiate trial (which is the first step in stealing market share) by claiming that your product is better or by demonstrating some intrinsic product benefit? To those that agree with these statements, we believe there is a flawed assumption in that logic. It assumes that the customer you are targeting has already developed dissatisfaction in the choices they have already made.

    Think about this flawed idea logically. If you are trying to encourage a Budweiser drinker to switch to Coors, can you get them to switch by telling them that Coors tastes better? Impossible. There are no beer drinkers who hate the beer they currently drink. Believing that the customer chooses their beer based on taste is simply another fallacy.

    In research that we have conducted with blindfolded beer drinkers, they cannot correctly choose their own brand of beer out of a choice of similar styles.

    Obviously, there is something else going on here besides product attributes and efficacy. Choices are made and more importantly, re-made, based on factors that are not always cognitively recognized by the customer. Understanding those factors is the leverage you need to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that

    Are You Leaving Your Yellow Pages Advertising Results To Chance?
    So do me a favor right now...Pull out your copy of the Yellow Pages and look up Auto Repair. What do you see? That is right, almost all of the ads are the same! Why is this I wonder? What would differentiate your business from the other businesses in your particular section of the Yellow Pages?The reason that almost all ads are the same within a particular section of the Yellow Pages is that they are designed by the Yellow Pages company that produces the book or sells the advertising! There is no opportunity for market differentiation with the "cookie cutter" approach that most Yellow Pages advertising companies (the ones that sell the space) use in their approach when they position and place the ad...and speaking of positioning...could you be in a better sp
    ket share) by claiming that your product is better or by demonstrating some intrinsic product benefit? To those that agree with these statements, we believe there is a flawed assumption in that logic. It assumes that the customer you are targeting has already developed dissatisfaction in the choices they have already made.

    Think about this flawed idea logically. If you are trying to encourage a Budweiser drinker to switch to Coors, can you get them to switch by telling them that Coors tastes better? Impossible. There are no beer drinkers who hate the beer they currently drink. Believing that the customer chooses their beer based on taste is simply another fallacy.

    In research that we have conducted with blindfolded beer drinkers, they cannot correctly choose their own brand of beer out of a choice of similar styles.

    Obviously, there is something else going on here besides product attributes and efficacy. Choices are made and more importantly, re-made, based on factors that are not always cognitively recognized by the customer. Understanding those factors is the leverage you need to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that

    Review on All Networkers
    Allnetworkers.com claims to be an advertising service that costs $29.95. You can then make a monthly residual income from the allnetworkers.com site, or you can use the tools available to promote your other home businesses. At this time, the tools seem to include mostly organizational items such as calendars, contacts, reports, etc.The company pay plan is based on a 3 x 7 forced matrix and each person can earn up to $11,592/month. According to the website, allnetworkers.com takes the idea of duplication and automation and adds relationships to the mix. The concept allows plenty of help for allnetworkers.com members. The company is currently still in pre-launch and has had some technical issues that have delayed its launch.Where is the product here, you shoul
    ate the beer they currently drink. Believing that the customer chooses their beer based on taste is simply another fallacy.

    In research that we have conducted with blindfolded beer drinkers, they cannot correctly choose their own brand of beer out of a choice of similar styles.

    Obviously, there is something else going on here besides product attributes and efficacy. Choices are made and more importantly, re-made, based on factors that are not always cognitively recognized by the customer. Understanding those factors is the leverage you need to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that

    Why Choose Promotional T-Shirts To Get Your Message Across?
    Promotional t-shirts are among the most popular promotional items given away by companies in the UK. Custom t-shirts have a long and colorful history. Since the 1950s when James Dean wore a white t-shirt under a leather jacket, t-shirts have been outspoken in their attitudes – but it wasn’t until the mid-sixties that they began to be used to deliver messages loud and clear. Disney was one of the first companies to use promotional t-shirts for their business, but they started a trend that is still growing and snowballing.In the late sixties and early seventies, rock and roll concert promoters jumped on the bandwagon with t-shirts printed with the tour logo and dates. Those t-shirts became hot collectors items that promoted the band while declaring the tastes and per
    eed to change their behavior and make prospects into customers.

    Objectivity is Key Step back, look at your business as objectively as possible, and acknowledge that much of what you currently believe that differentiates your brand in the minds of customers is “wishful thinking” on your part. A good start is to acknowledge that your competition claims to own the same things. Next, acknowledge that your target market has a difficult time discriminating between competitors by purely rational measures.

    Marketers agree that a good strategy to influence a prospect’s choices is by delivering a better solution to their needs. We agree with this— however, we have a different opinion as to what they actually are buying. For the most part, brands are obsessed with category benefits and yet customers choose within that category based on much more personal criteria.

    An Example of BRAND Let’s use next day delivery as an example. We all have a choice of providers when we wish to send a letter or package and have next day delivery. When the need arises, we know of FedEx, DHL, UPS, and even the postal service come to mind. All of these companies offer quite reliable “next day delivery” services. All are reliable and all of them perform well.

    Our list of choices forms because of a “category need” yet none of these providers are able to differentiate themselves by cognitive measures. None can own “reliable” because all of them are. None can own convenient, because all are convenient. None can own low cost provider, because all of the prices are similar. In fact, within the category, the providers offer no cognitive advantages over one another. We all know that we can reliably ship with any one of them and do so within pennies of each other. They will all deliver our package as promised.

    Why then, if I absolutely need to have a package delivered the next morning do I choose FedEx? Is it because they are cheaper? Is it because the others have failed me in the past? Is it because they are more reliable or more convenient? Not at all. I choose them for this important delivery task because I am buying who I wish to be at the moment that I need the package shipped. I wish to be a man with “no worries” and I bought the BRAND, not the service. It is this BRAND that enabled FedEx to buy KINKOS — a company most assuredly NOT in the next day delivery business but a company very much in the ”peace of mind” business, which is the core of the FedEx BRAND.

    Category Benefits = Commodity Markets If you wish to capture your competitor’s customers, fix any CATEGORY deficiencies you might have (like taste, if you are a beer, service is you are a

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