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Overcoming
Start-Up Blues
Most small business owners who have managed to survive the
proverbial first 2 years in business probably started out thinking mail order
was an easy business to get into. Chances are the experience would have been a
fun-filled nightmare they may not want to experience again. Sure, it was full of
fantasy and hope. But it also means a lot of hard work and long hours.
When trying to figure out where you want to take your
business financially, it is common for entrepreneurs to extrapolate numbers
based on their advertising budget. This style is perennial among mail order
people who equate advertising as the foundation of their operations.
This approach sounds very logical and statistical, but it
doesn't happen like that in the "real world" of mail order! Well, maybe once in
a blue moon, but most of the time - it just don't happen. It's not always
because your offer is bad or the price is too high. And it's not always because
your mailing list was bad. Often times, the reason lies in the fact that you and
your company are unknown.
But one of the most important reasons this statistical data
only works well on paper is that most beginners are not skilled in the area of
TARGET MARKETING. Yes - that word is vital to the money your business will make.
Target marketing is the process of focusing on a select and
specific group of people you are advertising to. And it has everything to do
with the product you are selling.
For example, if you are marketing infant products, it would
be very unwise to stage a direct mail campaign on a random list.
How many times have you got a mailing that went in the trash
just because it was selling a product or service you have no interest in? See
what I mean. If the company mailing these catalogs and advertisements would have
pre-qualified you or I and target-marketed their items correctly - we would have
never received them. It is wasted money for the company!
But how can you pre-quality or target market your audience
before placing an ad? If you are a beginner, it will take some time before you
are experienced enough to do so. However, you can always get a sample copy of
the publication first and see what items other people are advertising. Then,
test your ads in the smaller mail order publication that offer low-cost
advertising until you refine your ad and hit the right market. As soon as you
begin generating responses to your ads, keep in contact with these customers and
grow from there. They will bring you more customers like themselves because
"birds of a feather flock together."
Therefore - SLOW DOWN a little - but if you don't slow down,
you could easily get ripped-off and lose a lot of money. Just like attending
college - you won't get a Master's Degree the same day you begin classes. It
takes 3-4 years!
Take your time to get to know some of the pros and read what
they have to say. Survey and study the market. Read and educate yourself by
investing time into study. Start out in mail order like you would start working
for any company - at the bottom. Learn the tricks of the trade. Make friends and
associates with "good" dealers and stick with them. Honor your word and work
dealerships to the advantage of yourself as well as others.
Mail order is only a process by which products are advertised
and delivered to consumers. It works for any product and works for anybody. You
don't have to be rich, educated or a certain age, color or heritage. You don't
have to wear certain kinds of clothes or have your hair styled in the latest
craze. The only limitations are your own abilities and confidence in yourself. I
know because I started out really poor and brought my business up to a thriving,
self-supporting home business!
Contact us for more info

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