Making Money
Out of Thin Air - Marketing Gold Nuggets
From a Tour of California
by Adam Urbanski During my recent vacation I tried very hard
to completely forget about work. But while traveling throughout California I
just couldn’t resist picking up a few marketing “gold nuggets.” I think you too
will find them insightful. MARKETING GOLD NUGGET #1
THE STORY:
While driving to one of our “destination locations” we were passing through
a rather large city. It was dinner time and we (my wife and my two daughters)
were starving. We decided to find a restaurant and grab a bite to eat. Well,
this was easier said than done. We exited the freeway several times at what
seemed to be “main streets”, and drove in both directions. We tried asking some
locals to point us in the right way - all in vain. While we noticed a few
“diners” along the way, they all looked old, abandoned and so uninviting we
didn’t even want to risk trying their food. It was as if no one there ever ate
out! 40 minutes later, frustrated and worn out by this fruitless
search, we finally settled for a busy hamburger joint visible off the freeway.
THE LESSON: If your business is not visible and
attractive to your
potential customers
or clients you’ll always struggle to make ends meet. You see, this city is
located on major freeways, in the middle of nowhere and far away from any other
places to stop and relax. I bet many people would gladly pull over and enjoy a
moment of rest from the road and a good meal – if they were just invited to do
so. In your business are you making it easy for potential clients to find
you? Can your prospects find your information in places where they are most
likely to look for it first? Do your marketing materials, your business location
and your personal physical appearance present an image adequate to attract the
type of clients you want? MARKETING GOLD NUGGET #2
THE STORY:
While walking the streets of San Francisco we noticed a large crowd looking at
something on the opposite side of the street and bursting with laughter every
few minutes. It took us a moment to spot the source of this excitement. Across the street
a man was hiding behind what looked like a tree branch or a
large bush. He was squatting motionless and silent until an unsuspecting
passerby was within a couple of feet of him. He would then jump up and shake the
bush scaring those poor souls half to death, and the amused observers roared with laughter.
Every now and then the man would leave his “work
station”, cross the street and “pass the hat” to get paid for his “performance”.
In amazement I watched people drop dollar bills into this man's hat. It looked
like his bizarre “profession” has earned him a very healthy hourly wage! THE LESSONS:
With a bit of creativity you too can generate new business out
of thin air – and it doesn't have to cost a fortune!
Give people what they want and they will gladly pay for it. You see,
this man gave the tourist a bit of street entertainment – and they were willing
to reward him for his efforts. The most dumbfounding part is that he was
really creating money out of thin air. What he did didn’t require any special
skills, and I’m sure he didn’t spend a fortune to acquire his “bush”. In your
business find out what your ideal clients want and give it to them. They will
reward you with money and more business. Too often entrepreneurs and professionals get discouraged
by their limited financial resources. Instead, get creative. Some of the best
promotional ideas do not have to cost you a fortune. Do something different.
Dare to be bold and stand out – you are sure to get noticed.
MARKETING GOLD NUGGET #3 THE STORY:
While picking up tickets for a tour of Alcatraz, together with our receipt we
received a postcard inviting us to a nearby restaurant. The person giving it to
us pointed out the specials briefly described on the card and the fact that it
included a coupon for a free appetizer. After the tour I saw several people
clutching their coupon cards and heading toward the restaurant. THE
LESSONS: You can quickly and inexpensively attract many
new clients by creating strategic alliances. If you
understand how your clients think and the predicament
they are in you can influence their decision. Too many small business
owners and service professionals are Lone Rangers. By asking yourself questions
about who your ideal customers or clients are, and who is already doing business
with them you can identify lucrative strategic alliances. Most tourists were
confused by the many choices of the restaurants available in the area and would
likely just make a random decision. Recognizing the problem, this restaurant
increased their chances of earning new business by handing out the postcard
invitations, the “endorsement” of the ticket clerk, and the free appetizer offer.
By creating a seemingly odd strategic alliance with a non-competing business
serving the same clientele the restaurant ensured itself a steady flow of
business. And the ticket clerk probably generated a nice extra income. You see,
the card we received had the name of the person that handed it to us written on
it. I’m sure the restaurant paid him a small fee for the business generated by his
endorsement. How is that for a win-win? So maybe the gold rush of California
is over, but I hope that these marketing gold nuggets will help you build a
more profitable business.
(c) 2004 Adam M. Urbanski
ABOUT THE AUTHOR
Adam Urbanski, the Marketing Mentor, helps Independent Service
Professionals and Small Business Owners attract more clients. For more
promotional tips and a FREE 32-page marketing guide go to
http://www.themarketingmentors.com
NOTE:
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welcome to reprint this article as long as it's kept intact and unaltered
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