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Other Added - For Customer Stampede, Follow My Barber's Simple Plan
How Hiring Corporate Executives Could Improve in a Heartbeat ome of my friends who he could contact to try out his services - for free.It has always been a mystery to me why certain chief executive officers do such a poor job hiring key executives for their management teams.A lot of folks would agree with the idea that a company's performance (or lack thereof) starts at the top with its key officers and trickles down through managers at different levels to the professional (or less professional) staff members.Harry Truman became more famous as America's 33rd President when he popularized such phrases as "The buck stops here" and &quo Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they we Advertising Divas and Consumer Queens There are many examples of businesses able to increase their customer numbers overnight. Some have deep pockets and splash out on advertising. Others lower their prices or buy off the competition.In the past, the saying has always been “don’t underestimate the power of branding” but now the best advice seems to be “don’t underestimate the power of women!” Ignore it at your peril.If statistics out of the US are any guide for the rest of the world to follow, and in the past this has been the case, then everyone in the advertising industry should give their serious attention to this fact. Jupiter Research has concluded that women influence 83 percent of all purchase decisions. There are more women online today But these strategies are not viable for every business owner. Traditionally successful businesses have outlived their competitors by following strategies that charm their customers every so often. We all know that happy customers bring even more customers. This is possible even today, and for any type of business - whether a brick and mortar store, a website promoting goods or the combination of both. Many businesses are already stealing the customers from under the nose of their far bigger competitors - without spending anything on marketing or advertising. Would you be interested to find out how they do this? It is called understanding your customer's hidden psychology. Remember this: all paying customers have one universal trait. They look for value for their money. Some customers are sophisticated enough and ask for more or indulge into bargaining. Others just pay the asking price and accept goods or service, but wonder whether they paid the right price or could get it cheaper elsewhere. Nevertheless, none of this group of customers is an entirely happy customer. How you make a customer a truly happy customer so that he wants to bring his friends to your premises? Here is a true story that happened to me. I have been paying a regular once a month visit to my barber for many years. He runs a very successful saloon. I have been loyal customer not because he is cheap but mainly because I am accustomed to his service and I do not want to take undue risks elsewhere either. During the end of one of my visits a few months ago, as I had just paid for his services, he said: 'Would you like to take away our top of the line bottle of shampoo - for free?' He gets his own range of toiletries manufactured which he sells in his own or other saloons. But I was not quite sure why would do such a thing. OK, his margins are high, but giving away some thing free had never happened before. Being skeptic, I gently inquired what the catch was? 'Nothing, just take it away and give us feedback on what I think of it next time I am in? Fair enough, I did as told. On my visit next month, he asked how I got on with the Shampoo. I was quite happy and told him so. And he said: 'do you know any of your friends who may want to try our service, and our shampoo - both free of course?' Now, I been in marketing for a long time and understand that this is one tactic large companies use to get new customers. But he had gone way beyond that. He had made me feel 'indebted' to give out names of some of my friends who he could contact to try out his services - for free. Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they we Career Change of their far bigger competitors - without spending anything on marketing or advertising. Would you be interested to find out how they do this?Coping with change is now an everyday occurrence. What’s more the pace of change is accelerating and the need for us all to adjust is greater than ever. Yet, this is a time of opportunity.Career change – Ignore it at your peril or seize the opportunityAll around us we constantly see the changes which are affecting us. Economically power is shifting and the consequences are massive. China and India are emerging nations using modern technology to massive effect as their economies grow at rates previously unheard It is called understanding your customer's hidden psychology. Remember this: all paying customers have one universal trait. They look for value for their money. Some customers are sophisticated enough and ask for more or indulge into bargaining. Others just pay the asking price and accept goods or service, but wonder whether they paid the right price or could get it cheaper elsewhere. Nevertheless, none of this group of customers is an entirely happy customer. How you make a customer a truly happy customer so that he wants to bring his friends to your premises? Here is a true story that happened to me. I have been paying a regular once a month visit to my barber for many years. He runs a very successful saloon. I have been loyal customer not because he is cheap but mainly because I am accustomed to his service and I do not want to take undue risks elsewhere either. During the end of one of my visits a few months ago, as I had just paid for his services, he said: 'Would you like to take away our top of the line bottle of shampoo - for free?' He gets his own range of toiletries manufactured which he sells in his own or other saloons. But I was not quite sure why would do such a thing. OK, his margins are high, but giving away some thing free had never happened before. Being skeptic, I gently inquired what the catch was? 'Nothing, just take it away and give us feedback on what I think of it next time I am in? Fair enough, I did as told. On my visit next month, he asked how I got on with the Shampoo. I was quite happy and told him so. And he said: 'do you know any of your friends who may want to try our service, and our shampoo - both free of course?' Now, I been in marketing for a long time and understand that this is one tactic large companies use to get new customers. But he had gone way beyond that. He had made me feel 'indebted' to give out names of some of my friends who he could contact to try out his services - for free. Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they we Making Career Decisions; Part 1 ing his friends to your premises?Spring is traditionally a time for new beginnings and as we start to springclean our homes, some of us may be considering springcleaning our careers.Why are so many of us unhappy at work? There are probably as many reasons as there are unhappy people, but there are a few underlying factors which influence many of us. Think back to your school days and the careers advice you were given by teachers, advisors and your parents. Just how useful was it?My own memories are of a half hour session with a teacher at the Here is a true story that happened to me. I have been paying a regular once a month visit to my barber for many years. He runs a very successful saloon. I have been loyal customer not because he is cheap but mainly because I am accustomed to his service and I do not want to take undue risks elsewhere either. During the end of one of my visits a few months ago, as I had just paid for his services, he said: 'Would you like to take away our top of the line bottle of shampoo - for free?' He gets his own range of toiletries manufactured which he sells in his own or other saloons. But I was not quite sure why would do such a thing. OK, his margins are high, but giving away some thing free had never happened before. Being skeptic, I gently inquired what the catch was? 'Nothing, just take it away and give us feedback on what I think of it next time I am in? Fair enough, I did as told. On my visit next month, he asked how I got on with the Shampoo. I was quite happy and told him so. And he said: 'do you know any of your friends who may want to try our service, and our shampoo - both free of course?' Now, I been in marketing for a long time and understand that this is one tactic large companies use to get new customers. But he had gone way beyond that. He had made me feel 'indebted' to give out names of some of my friends who he could contact to try out his services - for free. Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they we Managing Change: Principles for Success his margins are high, but giving away some thing free had never happened before. Being skeptic, I gently inquired what the catch was? 'Nothing, just take it away and give us feedback on what I think of it next time I am in? Fair enough, I did as told.The rate of organizational change has not slowed in recent years, and may even be increasing. In spite of the importance and permanence of change, most change initiatives fail to deliver the expected organizational benefits. It is little wonder then that the fear of managing change and its impacts is a leading cause of anxiety in managers.To lend assistance, there are now available many guides to help change agents drive and manage change. These serve a very valuable purpose. Nonetheless, guidebooks can only assist so On my visit next month, he asked how I got on with the Shampoo. I was quite happy and told him so. And he said: 'do you know any of your friends who may want to try our service, and our shampoo - both free of course?' Now, I been in marketing for a long time and understand that this is one tactic large companies use to get new customers. But he had gone way beyond that. He had made me feel 'indebted' to give out names of some of my friends who he could contact to try out his services - for free. Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they we How To Realistically Set Your Fees - Part 2 ome of my friends who he could contact to try out his services - for free.Effect of Expenses The last article examined how to calculate your realistic billable hours. If you remember, we arrived at approximately 1100 hours in a year. To earn our mythical $46,000 per year, you needed to bill at a rate of $42 per hour. Now we need to take into account the expenses of running a business and see where those put our hourly rate. Most costs fall into three general categories: business and office expenses; salary and personal taxes; and, benefits and profit margin. In this article, we wil Now my question is: If you got a call from a well known name asking you to try out their service for free, as well as collect a free goody bag, would you want to give it a try? Especially if your friend has happily tried them for years, are you likely to turn down the offer and distrust his recommendation? Can you see the power of marketing? I know for a fact that 2 of my friends are now regularly using his services. What about the friends of his other customers? What about the friends of friends? What did it cost him to acquire new customers? Almost nothing. They came along because they were offered a product or service that was perceived by them to be of higher value than they were able to get elsewhere. Customers do not just look for cheap prices or the service with a smile any longer. They take these things as a given. If you want to steal customers from under the nose of much larger or a tougher competitor then be creative. Offer your customers some thing that they perceive to be of high value. You do not need to go shopping to give some thing free. Many alternative are already available - just look around. But the most important thing to remember is: what ever additional you offer to your customers in exchange for either their money, referrals or leads - they must perceive it to be of high value. Else you will run the risk of being seen as a cheap stake.
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