Have you ever had a number of ideas for business opportunities swirling through your head and not know how to pull one down and focus on it?
What have you envisioned as a dream job or career move yet unsure which way to move toward making a change?
The first step in setting a goal is to get real with yourself. For some, self check is so easy we don’t need an internet article to help us focus. The rest of us, need all the little nudges we can bear.
What do you want to do?
I know, you want to finance a better future for you and your family. You want to pursue your passion and help others. You would love to sell that thing your friends always ask your for. Sounds great. But you’re going to have to be more specific. The premise of a goal is the result. That’s right…a result. So, let’s try answering this way:
If I had a choice of only one income producing activity that I could wake up and do tomorrow?
What would that answer be? The question requires a more direct answer. You can take it further and assign a time limit, an income requirement, a level of training or additional education needed to obtain that one income producing activity.
Easy enough? A goal can be anything you can imagine as long as there is a result. The key in how you can create and stick to that one stretch goal is to have the result in mind.
Let’s pretend the income producing activity you’ve selected is to become a Life Coach. Now you know what you are aiming for. Then you can chart the steps you need to reach there – research, training, certification, networking, business development, branding – and how much time you need to commit to each step. This way you have achievements to check off along the way and your one big stretch goal becomes a little less daunting.
The end of the year is fast approaching and it is the holiday season. You, your clients and consumers as a whole are bombarded with sales, discounts, and offers for last minute holiday shopping. It can be tough to break through the holiday sales promotions and gain the visibility you need to boost your business.
In another post, we will delve into the building blocks of creating an annual marketing strategy. Here, our focus is uncovering where you can find potential customers. We will start with reviewing the stats. Staying abreast of trends in your industry and the marketplace are key to the success and longevity of your business.
This article from MarketingProfs reveals a telling analysis of consumer behavior and holiday shopping trends. Outside of being surprised that most people buy the same type of gifts year after year, the article features an infographic of the study findings that is easy to follow. Essentially, the study reveals people are making simple purchases that accentuate the person or satisfy their electronic craving, and making less major purchases with retail apparel purchases declining and purchasing books as gifts at the bottom at the list.
What does this mean for your business marketing strategy or advertising plan?
This means you can follow overall consumer behavior patterns and think through a brief promotional strategy that can help you find those last minute shoppers and make them your new customers.
If you have a marketing strategy intact, sprinkling in a short term promotion should be relatively easy. Here are a few ideas to consider for product based business advertising during the holiday season:
- Use the power of suggestion through placing digital ads on social media. Holiday gift giving can be a chore for some and fun for many. Help your potential customer make the decision to purchase your product.
- Highlight the benefits you offer. Whether it is a gift certificate (are those still a thing?), rewards program, or discount, hype up the benefits of shopping with your business.
- Think outside the box. If your primary product is a leather glove and you want to reach that purchaser of a beautiful bracelet, perhaps y
our strategy is to partner with a jewelry maker and promote a campaign that shows the beauty of the bracelet inside and outside of your glove.
Hopefully these ideas will spark some thought on how you can effectively position your business to be found by potential customers and generate a few new sales this holiday season. Hurry while you still have time!