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Are You Boring Your Customers?
Copyright 2005 strength-training-woman.com
The business world is changing and your company must catch up.
Consumers are driving the quest for information and personality.
Customers are demanding to trade their hard earned cash for
prompt,...
Are you making customers an offer they can’t refuse?
I was reading an article in Forbes Global just before Christmas entitled ‘The Undeaded’. The article considered the great number of software companies who have been losing millions of $ and eating into their cash mountains built up by raising equity...
Bankers in Denial
Denial is a ubiquitous psychological defense mechanism. It involves the repression of bad news, unpleasant information, and anxiety-inducing experiences. Judging by the German press, the country is in a state of denial regarding the waning...
Consumers Demand Better Customer Service
(ARA) - If you receive bad customer service from a company on the telephone, through e-mail or a Web site, you are likely to take your business elsewhere next time, a recent study shows. Research co-sponsored by Kelly Services and Purdue...
Fax Marketing : Reaching a New Niche of Customers
Traditional marketing and advertising assumes that all of your customers are traditional people. Even newer technologies like email assume that the best way to reach people is when they are at their computers. But think about it – there are plenty...
Invite Self-Managed Staff
"Treat people as if they were what they ought to be, and you help them to become what they are capable of being." Goethe Two hundred years ago, Johann Wolfgang Goethe, German poet and philosopher, knew how to inspire and interact with...
Public Relations – Defining Your Organization from the Inside Out
What do your customers say about your company? Would you let your major competitor control your sales strategy? Public relations is an inevitable consequence of being in business. Whether you like it or not, your corporate image evolves...
The Branded Customer Experience – “We never say no
Colin Shaw urges you to ensure that your branding and marketing activities are aligned with your Customer experience.
I work with a client in the North of England. Whenever I visit them I always stay at the same hotel. At this hotel...
The Types of Complaining Customers
You can't please everyone, though as a business your main
purpose is to please as many customers as possible so that they
keep returning. When customers are dissatisfied with the service
you are providing they will be one of three kinds...
Tips for Increasing Your Profits with Gift Certificates
Offering gift certificates is an excellent way of increasing your sales by solving your customers' gift-giving problems. Often people would like to give your products as gifts, but are hesitant to choose a specific item for someone.
I'm a...
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How To Hit The Competition Without Losing The Customer
Get over it! If you run any type of business, you're going to have competitors.
Even if your product or service is a unique one, soon you'll have copycat products start surfacing. Competition is therefore just a fact of business life and one of the 'virtues' of living in a capitalistic society.
Now that you are over it, let's examine some ways in which you can hit your competition without marginalizing your prospects. Your choices are about the same as a politician's with regard to beating his or her opponent.
So you can:
1. Drag your competitor's name through the mud.
You can try and discourage your prospect from dealing with your competition by slandering their name and claiming their products to be inferior. Only problem is that in the majority such cases this has the opposite effect and brings more attention to your rival in business. What happens is that people who knew nothing about your competitor now go to investigate for themselves the validity of your claims.
I'm sure you've seen this phenomenon where unknown books are banned, only to make unto the bestsellers list.
This approach can also backfire since you'll appear as a jealous and vindictive business owner. Your arguments will appear more driven by feelings rather than hard facts. This is therefore not the best approach to take.
2. Making a recommendation with a major reservation.
This strategy is a little more ethical than the first but not anymore rewarding. In this case you make a recommendation such as: "You are welcome to buy your widgets from the XYZ company if your construction is needed only for a few months, because that's how long they last." Here you are really giving a compliment and then undoing everything you said before. This may be a neat psychological tactic but your business still appears in a negative light.
3. Invite an apple-for-apple comparison.
When you invite your prospect to compare your product side by side with that of your competition, you are showing confidence in your product without putting your competition down. So you can say: "I invite you to compare our vacuum cleaner to any leading brand and see the results for yourself. We are sure that you'll be pleased by the results that you get from our latest model."
The interesting thing about this approach is that most people wouldn't bother to do the field test. Simply because you were not afraid to acknowledge your competitor's product will instill the confidence in your prospect to get your product. It will be assumed that you already did the comparison and know the results otherwise you wouldn't make such a claim. Even if someone did make the comparison then you have a new testimonial to add to your file.
There are several ways in which you can invite this comparison without making a statement as I did above. You can use a table that juxtaposes the features of your product against your competitor's. Such tables can simplify the process of carrying out
a test and 'help' the prospect towards choosing your product.
Another effective way is to quote credible sources such as Consumer Report magazine. Such organizations are not supported by advertisers and so their results carry real weight with the consumer. There are other such third-party organization that are considered neutral and their conclusions credible.
Outside of such organization you can point to reviews done by users of your products where the reviews are not used as an affiliate advertising tool. You are looking to erase all bias in these comparisons.
You may also be wondering how to address the case where your product is obviously inferior to that of your competitor's. In such a situation, you simply admit your faults openly. There are times when extra features can be a useless luxury. For some people, a car is just a convenience to take them from point A to point B. They may not need the luxuries of a Porsche or have the money to pay for such an expensive vehicle.
So let's say you were selling an autoresponder script that is definitely not as feature-rich as another script. You can state: "If you are looking for high-end script capable of emailing to a million-strong list and having all the fancy features that you'll never even bother to use, then this script is NOT for you. However, if you are looking for a small but rugged program that will deliver your emails, without all the bells and whistles (and accompanying high price) then the Maxemailer is for you."
Right away you see that you are showing the customer that your script will do the main thing that a product like yours should do, without having to invest a large amount of money in its purchase. You are admitting that your script is lacking in many features, but in the end these components may not be necessary to get the job done.
In addition, by admitting to your products 'weak side' you build instant credibility with the customer. Many marketers think that they have to hype their products in order to get sales. But many marketing tests have shown that if you admit to the disadvantages of using your product, sales increase!
Here is how I hit the competition on my copywriting service website:
"In fact, I insist that you make a side-by-side comparison of my copywriting results with that of any other copywriter. Then after doing a 'split test' (i.e. run my copy against theirs) you can judge for yourself the selling power of my copy."
For an online business, your competitors are just one click away. Challenge your website visitors to shop around and compare. Most will not.
They'll buy from you instead!
About the Author
Ray L. Edwards is a published author, copywriter and internet marketing consultant. He has made tens of thousands of dollars for his copywriting clients. Being an online market himself,he understands what it takes to sell online and welcomes your inquiry about his master copywriting service. http://www.webcopy-writing.com
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