success - Turbo Coach, achieve breakthroughs - Brian Tracy
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Create a Powerful Marketing Plan<br />
161<br />
the end of his presentation, he urges anyone who is interested<br />
in a free portfolio analysis to fill out a brief form, which provides<br />
him with a list of prequalified prospects. His support<br />
staff follows up and sets up meetings between him and these<br />
potential customers. His closing ratio is one of the highest in<br />
the industry.<br />
Before blindly deciding on a marketing strategy that may<br />
prove to be both expensive and ineffective, take the time to<br />
fully understand your product, your price, your people, and<br />
your promotional options. This upfront investment of time<br />
and energy can save you countless dollars down the road. It<br />
will certainly form a foundation upon which to begin building<br />
a sound marketing strategy to aggressively grow your<br />
business in a cost-effective manner.<br />
Application Exercise<br />
Product<br />
1. Describe your primary product or service in terms of<br />
what it is.<br />
2. Describe your product or service in terms of what it<br />
does; the need(s) it fills; the pain(s) it alleviates; and<br />
the benefit(s) the customer enjoys.<br />
3. How might you modify your product or service to<br />
better fill your customers’ needs?