| Casual Articles |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Marketing > Mafia Marketing Lessons - Five Things Businesses Can Learn From Tony Soprano |
|
Casual Articles - Mafia Marketing Lessons - Five Things Businesses Can Learn From Tony Soprano
Doing The Right Thing and that it's a good thing.One of my favorite things to write about is the topic of leadership and one of my favorite business theorists is Peter Drucker. Peter Drucker has authored more than 35 books and is considered by many to be the founding father on the study of management practices. In this blog post I will breakdown one of my favorite “Druckerisms” which states that: “managers do things right while leaders do the right things.”At first glance the above Druckerism might not seem to be all that insight 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a Entrepreneurs – What's The Biggest Mistake You Can Ever Make With Your Business? 1. Trust is fragile. Many entrepreneurs start up service companies thinking that they are going to be plumbers, lawyers, dentists, realtors etc. Or they decide to sell coffee, candy or clothes. They all make the same mistake – successful businesses do not sell services or goods – they are marketing companies. Marketing is the engine that drives your business!If you remember that the core skill that you should learn and your main activity is marketing your business then you are on your way to success Whether you are dealing with a prospect, customer, or vendor, your relationships will always make or break you. Tony has always been careful to preserve the friendships he felt were valuable. (However, we all know that relationships change over time.) As a business, your reputation follows you. Your marketing, sales, and after market follow up are crucial to your brand's well being. Bad PR can be a nightmare for businesses - especially when it comes to word-of-mouth marketing. If you sell a shoddy product or treat a customer badly, people will find out. They will turn your back on you if you don't set it right. In many cases, they might move on to the competition. (And, help that competition kill you!) 2. Making amends is usually possible. A business can turn bad PR around if they admit their mistakes and seek to correct their errors. Giving money back, offering special discounts toward a next purchase, and making humor out of your foibles can help you if a customer has a bad experience. Offer something up if your company makes a mistake with a person that has given you money. A personal phone call, a free item, a truckload of wine or Armani suits - you get the idea, right? They'll remember how well you treated them. 3. If you want something done right, hire a professional. Tony rarely brokers his own deals - and when he does, he tends to get stressed by the details. Most businesses feel this way at one time or another. If you own a business, more often than not, you should not be the only one telling people what you do. Advertising and marketing are essential to business growth, but as a business owner, you want to focus on maintaining relationships with your customers. Have others that can market your business for you, professionally. Have others that deal with the business muscle.Outsourcing works, but aways make sure to keep the quality in check. Shoddy outsourcing can turn into a nightmare with no ROI at all - and, in Tony's case, serious legal and personal woes. 4. Networking is crucial to marketing. It's who you know - and who they know - that make a difference in your business. Try to network with potential customers in social settings. Local organizations often host networking events in major cities - check with your local Chamber of Commerce. Myspace, LinkedIn, and Youtube are great places for online businesses to hang out and make friends. Send greetings for holidays, learn about your prospects. Keep in touch on a regular basis. Remember birthdays. Know just enough about your customers that you feel like they may be part of the family - and that it's a good thing. 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a The Importance Of Delegation might move on to the competition. (And, help that competition kill you!)Do either of these two descriptions sound like you?You are a solo entrepreneur working around the clock. You're tired and quickly becoming burned out. You seem to spend an awful lot of time booking and rebooking appointments with clients, doing paper work and chasing up on unpaid bills - Why is it then that at the end of the month you just don't seem to have made very much money …hire someone? - You have got to be kidding, you're hardly earning enough to support yourself.You 2. Making amends is usually possible. A business can turn bad PR around if they admit their mistakes and seek to correct their errors. Giving money back, offering special discounts toward a next purchase, and making humor out of your foibles can help you if a customer has a bad experience. Offer something up if your company makes a mistake with a person that has given you money. A personal phone call, a free item, a truckload of wine or Armani suits - you get the idea, right? They'll remember how well you treated them. 3. If you want something done right, hire a professional. Tony rarely brokers his own deals - and when he does, he tends to get stressed by the details. Most businesses feel this way at one time or another. If you own a business, more often than not, you should not be the only one telling people what you do. Advertising and marketing are essential to business growth, but as a business owner, you want to focus on maintaining relationships with your customers. Have others that can market your business for you, professionally. Have others that deal with the business muscle.Outsourcing works, but aways make sure to keep the quality in check. Shoddy outsourcing can turn into a nightmare with no ROI at all - and, in Tony's case, serious legal and personal woes. 4. Networking is crucial to marketing. It's who you know - and who they know - that make a difference in your business. Try to network with potential customers in social settings. Local organizations often host networking events in major cities - check with your local Chamber of Commerce. Myspace, LinkedIn, and Youtube are great places for online businesses to hang out and make friends. Send greetings for holidays, learn about your prospects. Keep in touch on a regular basis. Remember birthdays. Know just enough about your customers that you feel like they may be part of the family - and that it's a good thing. 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a Top 7 Tips in Considering the Best Franchises to Own hire a professional. Have you been considering buying a franchise or starting your own business? Well, you are not alone and now that you have set your sights on a franchised business rather than starting one from scratch now you must determine which franchise to buy. Guess what? All franchises are not created equally, all company franchise founders are not equally yoked and even franchises in the same category or sub-sector are vastly different.With all that said let me give you some tips into buying Tony rarely brokers his own deals - and when he does, he tends to get stressed by the details. Most businesses feel this way at one time or another. If you own a business, more often than not, you should not be the only one telling people what you do. Advertising and marketing are essential to business growth, but as a business owner, you want to focus on maintaining relationships with your customers. Have others that can market your business for you, professionally. Have others that deal with the business muscle.Outsourcing works, but aways make sure to keep the quality in check. Shoddy outsourcing can turn into a nightmare with no ROI at all - and, in Tony's case, serious legal and personal woes. 4. Networking is crucial to marketing. It's who you know - and who they know - that make a difference in your business. Try to network with potential customers in social settings. Local organizations often host networking events in major cities - check with your local Chamber of Commerce. Myspace, LinkedIn, and Youtube are great places for online businesses to hang out and make friends. Send greetings for holidays, learn about your prospects. Keep in touch on a regular basis. Remember birthdays. Know just enough about your customers that you feel like they may be part of the family - and that it's a good thing. 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a Job Stress - What Can You Do About It? t all - and, in Tony's case, serious legal and personal woes.Today’s workforce faces a multitude of pressures: deadlines, office politics, nonproductive meetings, conflict, job ambiguity, miscommunication, increased workload, inadequate resources, customer complaints and long hours. . . to name just a few. On-the-job stress can be quite costly, too, because it often results in increased absenteeism, reduced efficiency, low morale, reduced effectiveness, and high staff turnover.Researchers have discovered that since 1965 the overall stress l 4. Networking is crucial to marketing. It's who you know - and who they know - that make a difference in your business. Try to network with potential customers in social settings. Local organizations often host networking events in major cities - check with your local Chamber of Commerce. Myspace, LinkedIn, and Youtube are great places for online businesses to hang out and make friends. Send greetings for holidays, learn about your prospects. Keep in touch on a regular basis. Remember birthdays. Know just enough about your customers that you feel like they may be part of the family - and that it's a good thing. 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a Developing A Successful Mindset and that it's a good thing.So do you want to be successful, happy & rich? Or are you envious of what others have? Do you identify with failure and blame and living a life of mediocrity and poverty?When we get up in the morning raring to go what’s the first thing on your mind? Is it having a great day or the thought and terror of what lies ahead?If you are in any form of sales, and most of the population seem to be in one way or another do you think about yourself or your customers? Are you more conc 5. Loyalty begets loyalty, in most cases. (Some people, however, are cut throat sociopaths...) If you are loyal to your customers and offer them rewards, they'll feel more involved in your brand. In turn, they may recommend you to other prospects, friends, and family. You won't win brand loyalty with every person you come across, but when you find your niche, and your target audience, you should protect them at all costs. The majority rules when it comes to your online audience - and when you get multiple emails requesting something, such as more information on a product, take a moment to decide to fix it TODAY. When a member of your audience wants more information, give it to them. Then let them know about the favor. It's true, Tony Soprano has had a bad run of business luck and family issues surrounding him for the past decade or so, but until next week, we won't know how it turns out. Considering that his line of work is a part of a dying breed, he may be unable to stick it out. However, nobody in the world can disagree that the Soprano's has had a great run of it - and we can all learn from Tony's mistakes as well as successes.
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Why Service Makes the Real Difference In Business Success
|