27Oct



Putting together a good product launch strategy starts with establishing your expectations. Are you going for a huge number of sales the first week, or taking a slow burn approach? At any rate, your plan will depend on what you are trying to accomplish.

Once you know what you are trying to do, the next step is to prepare everything you will need for your initial product launch and traffic campaign. At the very least, you will need a product and a website that automates the process of selling and delivering the product. But it doesn’t just stop there. A winning eBook launch campaign also involves other important elements, for example free give-aways, email auto-responders, affiliate tracking and more. Figure out everything you will need to have prepared and set up before you can ever launch your product. Then, get to work.

Next, you will want to make sure you have a plan in place for getting traffic to your website. Do you have a budget, or are you going to go after free traffic only? If possible, try to develop a multi-faceted approach to getting traffic, including long term SEO, article marketing, email marketing, affiliate traffic, social networking, content trading and more.

One of the very best ways to get traffic is to tap into the power of networking with other webmasters that have mailing lists full of targeted prospects, and put together a mutually beneficial plan for taking advantage of their list and your product. When it comes to launching your product, there is no finer resource you could have at your disposal than a mailing list of opt-in targeted prospects.

Generally, the more places you can get coverage for your new product, the easier it will be to launch your product. Always track your results and measure what works, it will allow you to refine your product launch strategy for any future projects.

29Mar



A business plan will help minimize the difficulty and hard work needed to establish a personal injury law practice. The reasons why a strong plan is required when setting a practice is cited by Linda Pinson in her book “Anatomy of a Business Plan.”

1. It acts as a guide on how to face the realities associated with setting up a personal injury law practice. In addition, it provides a clear outline of your goals, potentials, strengths, weaknesses and prospects. It also comes with tools for analyzing and implementing changes for boost the profitability of your personal injury law practice.

2. It serves as documentation for financing. Using the plan, you will be able to determine how much capital to put up in your law practice and to predict the amount of money needed to advance the practice’s objectives and boost its profits.

It will require a good deal of strategic thinking to come up with an effective plan if you decide to put up a personal injury law practice on your own. Create a business plan with your particular needs and the needs of your practice in mind. It will help to sign up as an apprentice in a personal law firm to give you a general idea of business-related matters such as payroll, marketing, case management and billing.

Since a useful business plan is an organic document, it should be stored and kept in your computer and updated when necessary. You will find that the plan becomes refined as your practice progresses. In case where you find that you are unable to continue with your business plan, find out whether the plan is unrealistic or you are not keen on doing what is needed to keep the practice going.

According to K. William Gibson, an effective business plan consists of a description of the services that the practice intends to offer; information on the site(s) where the practice is located; a description of the types of clients you want to target; a forecast of future revenues and operating costs; a record of the personal resources that you intend invest to fund your personal injury law practice and a statement of your personal assets and liabilities.

You also need to seek the help of certain professional before writing your business plan. These professionals include a Certified Public Accountant (CPA), A Bar Association Practice Management Advisors and Established Personal Injury Lawyers.

A CPA will determine whether your business plan is sound and in correct form and is the person to go to for questions with regards to the rules and regulations of the International Revenue Service and other government agencies.

Practice advisers are commonly ex-active attorneys or law office administrators who had gone through everything you are about to experience.

Experienced personal injury lawyers will provide the mentoring you will need to predict the possible out-of-pocket expenses involved in personal injury lawsuits. You may also ask experienced lawyers for names of vendors and experts who can help you establish cases in the future.

25Oct



Warning: this article reveals an essential strategy that must go in your business plan for small business success. After working with 146 businesses of all sizes I have noticed an inherent difference between success and struggle.

Virtually every sustainable long term enterprise inserts into their small business plans this key strategy. Without fail, most struggling enterprises do not implement this key tactic. So what is the strategy?

Essential Strategy to include in your business plans for small business success.

Stay in touch with prospects and past customers on your database at least every 90 days or less. Now it can be as frequent as weekly, fortnightly, monthly but never more than 90 days.

How do you do this? Well the very first step is to collect all contact data and have a simple database to put them in. Worldwide database management software such as Goldmine and Act are good possibilities for smaller business. Larger businesses will need more sophisticated industry specific versions.

Burn this saying into your mind: “More contact equals more sales.” The reverse is also true: Less contact equals less sales.

In the 21st century a new paradigm of successful business communication has emerged and it does not matter what industry you are in. After all, we are all human beings with wants and needs. Our past and current customers deserve our attention.

If you do not stay in touch with your past or current clients at least quarterly, there is a high percentage chance they will become someone else’s (your competitors new customer).

So this must do strategy no matter what business you are in, is critical to your success. Include it in any business plans for small business success.

23Sep



Gardening Business Plan - How to get sales the easy way: mmm, I should correct myself there, it is not easy getting sales but it is made easier if you have a little bit of theory and have some practical know-how.

The 3 main Sales and Marketing objectives of any business are to:
Increase the number of its customers Increase the $ value of sales, or more importantly increase the profit per sale, and finally Increase the frequency of sales per customer

When you are planning your gardening business (especially your sales forecasts and marketing) you need to understand that sales can only come from 3 ways.

These 3 ways of making more sales are:
Getting new customers – think about your sales funnel and all the new leads that you want to attract into your funnel. The Sales Funnel analogy is really important as it creates a picture in our mind of where all our prospects are hanging out and how we can attract them to our funnel. Getting new customers (and obviously, leads) requires a knowledge of what are the right marketing efforts needed to attract new leads / prospects and then to acquire new customers. Marketing your business is a whole new area to look at. Increasing the dollar amount of sales to your customers, that is, a combination of increasing your prices and driving down your costs – therefore, improving your profits or bottom line Selling more to your existing customer base, or make more sales to existing customers – that is, “Would you like fries with that?” should help you understand this point of up-selling. The aim here is to extract as much as you can from existing customers. It’s a fact that you can sell a whole lot easier to an existing customer than to a new prospect.

14Sep



What if you don’t like the view?

If you don’t like the view for 2010, then change it. What needs to change for you? Your focus needs to be changed and you have time to make that change. If you are focused on the economy and all that is related to that “news”, then you have missed opportunities with your clients. While they may not have spent as much in 2009, they are making plans for 2010 and they will need help. Will it be you or somebody else?

This year has been all about your staying power and having the courage to keep meeting and taking with your clients and prospects about their business. It has been a year to understand what your specific market is going to do in 2010 and how you position yourself and your product and service as a part of next year’s plans.

Are you going to be an expert and/or advisor to clients in 2010, having helped your customers “live” through 2009 or a bystander who is still trying to figure out “what happened” in 2009?

What do you know about 2010?

In relation to your business what do you know based on your 2009 experience? What has happened in your industry, what has happened in your sector of the industry and what has happened to your specific customers and prospects in your territory? If you have a knowing and knowledge of what has happened in 2009 and how you have positioned yourself in 2010 as a resource and expert to your customers needs, then you are ahead of the majority of sales people.

If you have been a bystander, it is time to get back into the game before it is too late, if it isn’t already. Like so many companies and maybe your customers have you too been bankrupted in 2009.

What planning have you done for 2010? What does the first quarter of next year look like? Have you been too busy being busy to realize that this year is going to be off and that you have no idea what next year is going to be like? This year is almost over and the work you needed to be doing to finish the year off was back in the summer. You need to be focused on next year and what needs to be done to be successful. You need to know what you need to be doing in January – now, not in January.

What has been most profitable for you in 2009? What are the new markets you have discovered or created. What is it that your customers need most from you and your company? Where are your strongest relationships with each client and where do you need to create stronger or new relationships? Take some time to look up and out at your business and personal life. What needs to change in 2010 for you to be successful? What will make you successful in 2010? I know that one answer is not keep doing what you are doing and work even harder.

What is happening out there?

Research across a variety of industries shows that over 40% of sales people failed to achieve quota in 2007; Sales and C Level attrition is growing in many segments – tied to poor revenue, profit growth results. That has not improved in 2009. According to Miller Heiman, less than 30% of sales people sell enough to cover themselves, less than
50% are on quota, while sales cycles are extending and gaining access to executive decision makers is increasing in difficulty.

What is your view?

Remember – Be careful what you ask for, you just might get it.

Sayers Says…

What is your view of 2010? What needs to change to make you successful or more successful in 2010? Have you been an active participant in 2010 or a bystander? What are your plans for January?

What is your 2010 view?

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