Five Marketing Errors

  1. Zebra Marketing. Virtually nothing distinguishes one zebra from another. A lot of companies say pretty much the same things about themselves, which means customers can’t see any distinguishing features. So they go for the one thing they can see: Price. “ You need to be very clear about why you’re unique,” says Hepworth.
  2. Monkey Trap Marketing. In southern Africa, locals catch monkeys by putting peanuts in a hollow gourd. A monkey grabs the food but can’t get its fist out through the small hole. Similarly, small companies refuse to let go of any business, even if it isn’t in their specialty. Lesson: When you’re everything to everybody, you end up being nothing to nobody.
  3. The Dating Technique. Some men just walk up to women and proposition them. A lot of marketers are like that – they have no finesse. No-one wants to get married on the first date. ”You need to nurture customers,” says Hepworth. “People try to move too quickly through the sale. People need time to get to know you and trust you.”
  4. Butterfly marketing. Most sales people tend to flit from one prospect to the next; if they’re not interested, they move on. Instead, they need to get customers to spend more on each purchase.
  5. Using the wrong bait. Marketing is like fishing, Hepworth believes. When you know who the ideal customer is, there is an ideal bait for that customer. The idea is to get them talking, to build trust and rapport. If what you’re selling is difficult to sell, sell something easier first – for example, a reseller focusing on small consulting companies could offer a free report on preventing computer failure, or how to avoid getting on spammers’ lists. Then follow up to see if the prospect got the information, and to ask if it was useful. But, Hepworth cautioned, “If you’re not providing value, you’re a pest.”

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Lynn Greiner
Lynn Greiner
Lynn Greiner has been interpreting tech for businesses for over 20 years and has worked in the industry as well as writing about it, giving her a unique perspective into the issues companies face. She has both IT credentials and a business degree

Related Tech News

Featured Tech Jobs

 

CDN in your inbox

CDN delivers a critical analysis of the competitive landscape detailing both the challenges and opportunities facing solution providers. CDN's email newsletter details the most important news and commentary from the channel.