Word-of-Mouth Advertising {How to Get More of it!}

word of mouth advertising for etsy sales

Here’s something for you to think about…

If your products or service came up in a conversation between two people (neither of which is you), what would they be talking about?

It might take a little time or imagination, or it could come straight to mind. Hard or easy, you would do well to consider not just one, but many hypothetical conversations about the things you sell.

What adjectives do they use?

Do people talk about how useful your product is?

How pretty it is?

How fun it is?

How it makes them feel when they use it?

Do they have a story to tell about your product?

Where it came from?

What it’s made of?

Who made it?

How it impacts the greater good? (think Tom’s Shoes)

What is the answer to “Where did you get that?”

Obviously, it will include “Etsy”, but is your customer inspired to go further and mention you by name and direct people to your shop, blog, or social media?

The point of all this is…

Imagining yourself as the proverbial fly on the wall observing a conversation about your products can help you see your business from a new perspective.

I have to be honest, it can be frustrating and you shouldn’t try unless you’re willing to work to change the answers you don’t like.

The first questions above, the adjectives, will help you understand the physical selling points of your product. Words like cute, fun, pretty, strong, helpful, cheap, etc. will help you know what words to put in your product descriptions to get more conversions.

The second part, the part about having “a story” to tell is where you really graduate to another level of smart business. If you can master the art of creating a story that connects your customer to your shop and your products on an emotional level, that will take you very far indeed.

Tom’s Shoes did it by providing a free pair of shoes to a child in need with every purchased pair of shoes. The idea of “social responsibility” in business is strong and a good thing. The book Start Something that Matters by Tom’s founder Blake Mycoskie is a great motivator on that front.

But what if you don’t have the profit margin to be able to buy yourself a pair of shoes, much less give any away? You still can find a story to tell about yourself, your shop, your motivation, or your products.

I’ve always said Etsy sellers have an opportunity to tell a story about where their products come from and create an emotional connection that way. People like to tell others what makes their purchase unique. Offer them a story to tell.

The last part, Where did you get that? is a bittersweet pill.

On the one hand, the more people out there saying “I got it on Etsy!” the more overall shoppers will find Etsy every day. On the other hand, they just might completely forget to search for your particular item when they get to Etsy and they could even try to find it and find a competitor instead, which would kinda suck.

The best possible scenario would be for your customer to actually hand out a business card, so it might make sense for you to include a few extras in your packaging. I think the more likely “best case” scenario is your customer telling a quick story about you and your great “extra-mile” service, hopefully complete with your name and twitter handle!

It’s About Word of Mouth

The least expensive advertising you can get is also the most effective. Word-of-mouth advertising costs you very little (maybe some freebies in an order, or the cost of some thank you cards, etc.) but the value can be worth thousands of dollars in sales.

People love to talk about the things they buy and it’s very common to open a conversation by commenting on something you imagine the other person is proud of and might want to talk about. This is how word spreads so it pays to be thinking about it.

Perfection is Ever-Elusive

Go through this exercise today and you’ll immediately see ideas you can implement to improve your business. Go through it again next month and you’ll see more. Same thing next year.

No matter how hard you work to perfect your process, your offer, and your story, there will always be more to do. So let it motivate you to press on, not frustrate you into quitting.

Tips or Thoughts?

I’d love to hear your story about what you do to improve word-of-mouth advertising? What works? Am I missing the boat?

Branding is More Than Your Logo

branding is more than your logo

Search the Internet for information about building a brand and see what you find. Search results can be a little bit comical at times, such as the article I found which showed the McDonald’s logo as an illustration for the heading “Make your logo memorable!” and the Coca-Cola logo as an example of “Classic Logo Design“.

What a joke! Of course the McDonald’s logo is memorable, that’s where I get my Egg McMuffins and, oh yeah, there happens to be one on every corner; worldwide. And the Coke logo as a “classic”? Yes, I agree, considering it’s been around since 1886, which I’m pretty sure is about fifty years prior to the invention of the word “logo”.

I did that search because I was looking for a resource to include in a post I wrote yesterday at EverythingEtsy.com, Five Easy Tips to Build Your Brand on Etsy. That post included having a good logo as one of the tips. Obviously, the Coca-Cola/McDonald’s article was useless in regards to any real logo creation advice, but I did find a little eBook on Amazon that got my attention with its contrarian title which included the phrase “Your Logo is Irrelevant“.

That gave me pause for thought. Huh? My logo is irrelevant? Oh no!

Since it was a free borrow on Kim’s Kindle I decided to give it a read. At only 20 pages of actual content (not counting the intro and outtro sections designed to promote another book), the read is a little too quick for my liking, but the ideas were sound and, well, here I am writing a post about it so I guess it was worth it!

The gist of the logo related portion of the message was this…

People don’t choose to do business with you based on your logo.

The point wasn’t that logos are worthless, just that if a buyer is making a decision between two or more sellers, the logos aren’t going to be the deciding factor. Rather, says the author, it’s really about the overall relationship you build with your customer.

If you want to stay relevant then you need to be true to the customers of today. You must understand them, speak to them, engage with them. Those who buy from your competition are not choosing the competition because it has a better logo. What it has is better understanding of their needs. – Your Logo is Irrelevant

Even though I’m a fan of great design and I love the way a good logo looks on a website, a business card, or product packaging, I couldn’t help but agree that, at least for brands that aren’t fully established yet, the purchase decision has a lot more to do with other factors than it does the logo.

Which Factors Matter Most for Etsy Sellers?

  • Good photography shows you care about your products and the look of your shop.
  • Answering questions and telling stories about your products builds a connection.
  • Featuring community-centric points is important to today’s consumer; things like being eco-friendly product or your shop (brand) participation in a good cause.
  • Sharing yourself with shoppers in your shop through your about page and/or blog creates a relationship.
  • Maintaining that relationship through ongoing contact creates repeat customers.

Do Logo’s Matter or are They Truly Irrelevant?

Don’t judge a book by it’s cover! Despite the title, this little eBook doesn’t lead me to believe that a logo is any less important than I already thought it was.

Your logo is relevant and it is very important. It portrays a message in an instant which, if done well, includes a wealth of information about you from your name (of-course!) to your design style, your target market, and maybe even your price point.

What I gained from this (tiny) book is that you can never do too much in the area of understanding and building a rapport with your customers.

If it Works for a Few, It Will Work for Many

As I’m finishing up this post, I’m thinking of the seller who says “How can I learn about or build a relationship with customers I don’t have?”

This is a challenge for all new businesses and one that all businesses overcome the same way, one customer at a time. If you don’t have customers at all, then you certainly have prospects… the people who SHOULD be buying from you. Learn about them and build relationships there.

Once you start to get customers, start learning about them and building relationships with them right away, from day one. Some of the things you try will fail but some will work and what works for a few customers can be built into the way you do business because it will usually work just as well for the customers you don’t have… yet!

What about you? How do you decide who to give your business to? If I was selling something you were interested in, what would make the difference?

The Beautiful Mix of Business and Art

 

businessandart

A few days ago I wrote a post that departed from my normal tone. I was a little gruff; a little direct. Maybe even a little condescending. None of those are what I want to be and I thought about deleting my post before too many people saw it!

This quote from that article will give you an idea of the tone:

“Getting a Sale on Etsy Is Like Winning the Lottery”
No, it isn’t. It’s one sale and you should expect it to happen pretty darn quickly. If it doesn’t then you need to go into the bathroom and look in the mirror and have a talk with your staff.

That post is all business and not wrong. Not entirely.

Here’s where it fails: It neglects to talk about the deep non-business connection you have with your Etsy shop. It forgets that your reasons for doing this go far beyond earning some cash.

In short, I forgot I was talking to an artist. A creator. Someone who gets as much joy from the love of making (if not more) than she does from the cha-ching at sale time.

It’s Not All About The Money — Not Even Close

Less than 6 hours after I wrote that bit of greed-laden, heartless, soulless business advice, I was providentially shown the glaring error of my ways.

12 Bones Asheville

12 Bones = Happy

Kim and I were on a little husband/wife trip to the stunning, tree-covered mountains of North Carolina to celebrate her birthday. We visited Asheville, ate some amazing BBQ at 12 Bones, and then went to the River Arts District.

The River Arts District is sort of like a little “real life” model of Etsy. Building after colorful building is filled with “working artists studios” where you can not only buy the art, but you can meet the artist and, if the stars are aligned and your timing is right, you can watch the creation process happening before your very eyes.

It’s fun. It’s inspiring. And it is a real reminder that it’s not just about the money.

There are successful artists who will sell you a photograph for a few hundred bucks or a painting for a few thousand. But if you look closer you’ll find that everyone is represented. We found one area that had the work of a budding mixed-media artist, we presumed a teen, who had wonderful work on display priced at just a few dollars.

Jonas Gerard - Asheville River Arts District

Shown above is Jonas Gerard whose gallery was our favorite. Photo: RiverArtsDistrict.com

The most impressive thing is that no matter what, whether making $500 an hour or dreaming of making $5, the absolute passion for the art was clearly evident in every artist and every piece of work on display.

The focus on the art was so great at times that sometimes even the customers browsing through were somewhat of an annoyance!

The creation was the main pursuit. The money was secondary; an afterthought.

Etsy Mixes Business and Art

If you’re looking to be a starving artist then my writing probably won’t really be your favorite because, for the most part, I’m talking about how to make money.

I’ve been an entrepreneur since I was about 14 years old when I sold my first house painting job. Before that I cut lawns. I’ve always loved it and the excitement I have about the opportunities online is so huge I hardly sleep at night.

So that’s what I write about here.

etsynotebay

But I’ll try to never again sinfully forget that Etsy isn’t eBay. It’s not about selling just to sell. It’s not about marketing for marketing’s sake and accounting as a cure to boredom. Etsy is a place to share your creations and your exciting vintage finds with the world.

It’s a magical and wonderful and inspiring place where you can mix your greatest love with your need to earn a living. You can create and you can sell.

It’s awesome and I hope I can always be helpful on the business side. I’ll leave the whole artsy fartsy thing to my wife, Kim@EverythingEtsy (blog) (pinterest) (facebook), who didn’t need to see a physical Arts District to be reminded… because it’s just who she is.

Me, I’m about the opportunity of it all. It’s just so huge.

Are You in Business or Just Playing Games?

inbusinessorplayinggames etsypreneur

Here’s a comment that came in recently on one of our “How-To” business blog posts:

Getting a sale on etsy is like winning the lottery. I’m thinking of closing my shop as its a waste of time and money. I just want one sale. Just to know that it works. Etsy should help with advertising. I don’t understand how to make a treasury. I even googled it and still don’t understand.

You know what… I don’t understand either.

Getting a Sale on Etsy Is Like Winning the Lottery

No, it isn’t. It’s one sale and you should expect it to happen pretty darn quickly. If it doesn’t then you need to go into the bathroom and look in the mirror and have a talk with your staff. Somebody in the room has goofed and it’s time to get it all out on the table (or counter as the case may be).

After your staff meeting it’s time to fix it, so figure out what’s broken.

  • Is your product up to snuff? Is anyone else selling something similar? Is it professional quality?
  • Is your photography good enough? In case you’re wondering, the answer is no.
  • Are your product descriptions helpful and clear and professionally written? All you have to do to understand what works is go find a few shops with sales and look at what they do!
  • Is your pricing right? Don’t assume it should be lower, maybe it should be higher if your product and photography and descriptions are great. Maybe your deal seems too good to be true.
  • What are YOU doing to market your shop?Nobody is going to do this for you. Etsy isn’t going to help you. It’s totally unrealistic to think that. You market it by:
    • Blogging, a lot, in your niche
    • Paying, a little, for advertising
    • Pounding the pavement – go out and find customers! Email people. Hand out cards. Go to craft shows. Sales offline today lead to sales online tomorrow. Hello.
    • Give away samples – send your items to friends, family, influencers, reporters, whatever.
    • Make a name for yourself – not in the Etsy forums. Elsewhere through guest blogging, commenting in outside forums and on blog posts with helpful tips, through press releases, etc.
  • Are you taking good care of the customers you do get? - Service, with a smile.
  • Rinse and Repeat – you keep doing this, and doing it, and doing it. You’re never done. This is business.

My Shop Is a Waste of Money

How much money? Seriously. What does it actually cost you to run an Etsy business? It’s so cheap that it’s almost free. Of course you can spend money on things but if you look back at the list above and ask yourself “is there a free way for me to do this?” on each item, you’re going to see that there is very little you have to spend money on.

My Shop is a Waste of Time

Only if you don’t do it right. Cooking a Turkey is a waste of time if you don’t prep it right and cook it properly. Washing the car is a waste of time if you don’t use anything but a dry rag. Going to school is a waste of time if you sleep on your desk all day and don’t listen to the teachers.

So, I guess, if you want it to be a waste of time it can be. But it doesn’t have to be. It can be the best time you’ve ever invested in any business or job. It’s really up to you.

I Don’t Know How to Make A Treasury

Who cares? Is that on my list? Do you see post after post here (or anywhere) about how to make a great treasury? Or how to be the most influential person in the Etsy Forums? You can get into treasuries later. They aren’t worthless. They do have business value for a well established shop and they have definite social and community building value.

But making treasuries as a strategy to get your first sales on Etsy is about as efficient as getting out from behind the wheel of your car and pushing it up the street. Uphill. In the snow. At night. Point is, there are easier ways to get where you want to go.

Now don’t get me wrong. There’s a place for treasuries after you get all your ducks in a row. It does you very little good to get an item on the front page of Etsy if your whole shop isn’t up to snuff. Your item may get lots of views and you may even get a sale or two. But then what?

You aren’t looking for a “sale or two”. You need sustained sales. You get that by repeating the items in the bullet list above. When you get to that point, then getting featured in a great treasury is going to bring you actual customers. It’s going to get you noticed by people who can spread the word.

Why Am I Being So Direct?

When I read the comment first listed above I pretty much had this whole blog post flash in an instant in my mind. This is just how I think.

But I did have to stop and ask myself this question…

Do people just need someone to be nice to them and encourage them? Maybe the “direct” answer will do more harm than good.

I thought about that a little bit and decided, as you’ve seen, to go the direct route. I want this blog and the community of readers to be about real success. REAL SUCCESS.

I’m talking about Etsy shops that pay school tuitions, or car payments, or the grocery bill. Even more, I’m talking about Etsy shops that grow into businesses that support entire families both now and far into the future. I’m talking about real business.

What about you? Are you really in business or are you playing games?

PS - I almost deleted this post for being to grouchy… instead I wrote another that shared the rest of the story: The Beautiful Mix of Business and Art

Etsypreneur Reads — An Up-To-Date Reading List for Etsy Sellers

reads

So let me ask you something…

As more and more information comes your way online is it a blessing…or a curse?

I’d say it’s probably a little bit of both. I love information. I also love the fact that I can learn anything I want to learn online. So in that sense it is a blessing indeed.

But the problem usually is that there is so much information that it can be a little bit hard to a) find the right stuff and b) stay focused on what I’m really interested in. It’s quite easy to get distracted by an interesting headline or a cool looking picture.

But I know from a lifetime of experience that the more I read, the more creative and inspired I feel. Reading about others who have succeeded in my field gives me the confidence to press on. Reading about the creative ideas of someone “out there” inspires new creativity in me. Keeping up with what’s going on in my industry gives me the information I need to be prepared for what’s coming around the corner.

Reading is a building block of success.

I want to succeed and I want you to succeed.

So I made a page here on Etsypreneur.com that we can both use to keep up with Etsy and Internet business related news, tips, ideas, and inspiration.

I tried to cover a few key areas:

  • Etsy and Handmade Business Specific Sites
  • Marketing and Social Media Specific Sites
  • WordPress specific sites (because I think your blog is your friend)

I know beyond any doubt that I missed some great sites, so please let me know in the comments on this post if you have a favorite site in these categories that I should include.

75 Links Updated Automatically

The list includes the five most recent articles from 15 blogs and is updated automatically when a new post is added, so you can count on always up-to-date information.

I just built this on Saturday, so I hope it keeps working right!

http://Etsypreneur.com/read/

And I hope it helps.

Read on!

- Tim

Etsy as Your Door to a Connected Future

etsyDOORtoFUTURE Etsypreneur

This post is written to the dreamers and doers out there. If you get a little bit excited at the idea that the little Etsy shop you started could be just the beginning, then this is for you. If you’re young, or young at heart, and you love to imagine a wonderful future beyond your wildest dreams, then you and I are on the same wavelength right now.

What Does the Future Hold?

It’s no secret at this point that the Internet is changing the world. We are hyper-connected through smart phones, tablets, laptops, computers, and more. Even our newest cars and televisions are connected to the world, through the web.

While there seems no shortage of people warning of the dangers of all this, and there are certainly many of those, I can’t help but be mesmerized by the opportunities. Limitless, amazing, heart-pounding opportunities.

What will you do, five years hence, when your tv is seamlessly connected to an endless supply of quality video content about every conceivable subject? Will you still watch whatever happens to be on at the moment, or will you search for something of particular interest and relevance to your life?

Will you choose to listen to one of three or four offered voices for news and opinion, or will you find that voice which resonates most deeply with you as a person?

Will you feel limited in what new skills or knowledge you can gain? What about what kind of job you’ll have, or what you consider yourself to “be”?

I don’t think I’m going out on a limb when I say that these things and many more are in the process of changing, fast.

Etsy is Just the Beginning

Dreamers like you want to be more than a spectator to this future. You want to be in the game. You want to take the bull by the horns and go for it. I – heart – you.

Etsy is Internet. It is selling online. It is eCommerce. When you have an Etsy shop, you have a web page. You have an online business.

Just claiming a stake in the new frontier is a huge-mega-jumbo step in the right direction! You can’t help but learn when you do it. You expand your knowledge massively as you progress. With each item listed, you grow. With each sale, you become more confident.

Each sale. More confident.

Do the math… what happens if you keep going and don’t quit?

Ex1+1+1 Etsypreneurtreme confidence and utmost competence is what happens. If you keep going and DO NOT QUIT you will become an online professional. You will own a recognizable and tangible piece of theinternetisthefuture real estate.

And then you’ll keep going. Further still. Step by step, day by day.

You’ll start to see opportunities in areas you never expected. You’ll become one of those voices I mentioned that people listen to. You’ll produce one of those quality video programs. You’ll become something new, something more you. Something so beautiful it excites me just to write about it years in advance.

Don’t Lose Sight of the Road Ahead

Years ago I had a friend who mentored me in business. As with all mentors, some of what he said was right, and some was wrong. But one of the things he saw in me that needed to change was right on.

I tended (tend?) to look at what was happening directly in front of me. Right now. Today. I often failed to lift my eyes up and over the events of the day so that I could see further down the road. He urged me to look further and set my primary focus on that which was coming a year, two, or ten years ahead.

I find that advice even more relevant in today’s fast changing world.

How can you change your focus? Realize that every step is progress even if it doesn’t pay cash money today. If you’re late on the rent and your Etsy shop isn’t making money, then you probably need to divert your attention for long enough to earn a few bucks. But then come back. Keep taking steps. Make progress.

Try and learn something new each week. Learn a little about SEO, set yourself up with a WordPress website, get better at photography, learn what works for others in social media.

And stay motivated! I’ll do my best to help with that part.

~Tim

Image – Original source image by Frank Vincentz, Etsyfication by Tim Layton

Ten Social Media Action Words To Help You Connect

10actionwords

I read a headline this morning sharing the world-changing news that Real Simple magazine holds the distinction of being the first print magazine to reach 100,000 followers on Pinterest. They say it’s kind of a big deal.

But my thought was… it’s really not that hard. Not for them. It makes sense that Real Simple would be a leader on Pinterest. Without even looking at their boards I can guess that a very high percentage of the images they pin inspire and visually teach people creative ways to actually improve their life.

Creative ways to actually improve their life.

Key words being actually and creative. Lots of people pin images that are WAY wonderful and dreamy. Wonderful mansions on ten acres of manicured gardens are great to look at, but not a real part of most people’s next week.

Image

Visually sharing the idea that you can use earrings as pushpins, on the other hand, is just as inspiring (I assume, based on repins and comments… it does nothing for me personally, of course…). It brings about the same positive emotions and it’s also doable. Right now. That makes all the difference in the world.

Whether you’re blogging, pinning, sharing, or tweeting, the key to building a following that really pays attention is to be yourself and be real, but also be helpful and useful at the same time.

Here are ten words to keep in mind as you go about your social media day.

  • Inspire
  • Teach
  • Share
  • Entertain
  • Equip
  • Help
  • Motivate
  • Unite
  • Inform
  • Ignite

Integrate these actions into your social media strategy and you’ll be heading in the right direction.

Now just in case there is one reader reading this who says “what does he know? I follow Etsypreneur on Twitter and never see a word…” Remember that you can choose your channel. Pay attention to what comes most naturally to you. What social outlet fits best with your personal strengths? Focus on that one.

For me, it’s writing… in considerably more than 140 characters. Blogs, emails, ebooks, etc. That’s why I’ve written more than 1000 blog posts so far. But you never know tomorrow may be the day I start tweeting or pinning like a social media machine.

What social channel works best for who you are? Where do you find it easiest to inspire, teach, share, entertain, equip, help, motivate, unite, inform, or ignite?

- Tim

The End of Competition — The Beginning of ?

The other day I mentioned some ways to learn about your customers . Ways to find out who your target market is.

One of those ways, according to my post, was to snoop out the competition and see what you could find out about their customers.

Here’s a question:

Is the term “competition” really the right word? Does that accurately express the relationship between you and other people who make and sell items or services similar to yours?

I think I did you a disservice by using such a word. I owe you an apology. I’m sorry.

The truth is this: There is plenty to go around. There are plenty of customers. Plenty of Facebook fans. Plenty of blog followers. Take it even further and I’ll tell you that there is plenty of money out there and plenty of ideas that can help you earn some of it.

Plenty.

Competition implies that one person or company wins and another loses. That’s really not how this works. In fact, I’d venture to say that in online business, the opposite is probably closer to the truth. It’s more like the more people that win, the more room there is for more winners.

Success in your niche by someone else is good for you.

That’s not the way I was raised I tell you. But it is the way it is.

So let’s pick a new word and forget all about competition.

Can I put this out to everyone? What’s a better word for companies or individuals who are in a similar business to you?

Friends? Fellow Travelers? The Others? There must be a better word than competition.

Any ideas?

Shopping for Ideas — How to learn from similar businesses

shoppingforideas

Would it surprise you to learn that most major retail operations have entire departments within their company whose main purpose is to “spy” on the competition? It’s true.

It brings a few thoughts immediately to mind:

  • There must be some value in doing this. It must add to the bottom line.
  • I’m happy to be online where visiting similar businesses is just a click away.
  • No wonder unique new ideas are so rare… they just copy each other.

As you can see, the last idea is a little bit contradictory to the first. Here’s another contradiction for you: the idea of similar businesses being called competition is wrong for creative online businesses. They are just similar. They aren’t you, and nobody has to lose for you to win. There is no competition. (read more)

So no further use of the word “competition” on this blog.

However, there is so much to be learned by watching what others do! Especially when those others are experienced and have paid the high price of learning the hard way. To not go out there and take a close look would be really kind of foolish.

How to learn from similar businesses

Reaching back to the comparison with a “real world” retailer, imagine yourself as the person assigned to “shop” the store down the block. You head over there, pull into the parking lot, and do your thing.

The key to doing your thing well is in being very, very, very observant. Every input your five senses receive can teach you something from the moment you approach the property.

We talked the other day about finding out who your customers are by looking at the customers who buy from similar businesses. But that’s not all you see when you visit.

  • How are the products arranged and presented?
  • Is the feel of the store more discount or more luxurious and high-end?
  • What is the apparent quality of the products?
  • How does the pricing compare to the quality?
  • Does staff welcome you?
  • Are you drawn in, or do you feel the urge to leave?
  • Is the store bright, or darkened for mood?

You also see who’s buying.

  • Who are the customers?
  • What do they wear?
  • How old are they?
  • Are they predominantly male or female?
  • Observe how they interact with the store and the products.
  • Observe everything you can about them.

Are you still with me? I’m giving you the keys to the kingdom here. I know you can daydream about shopping. Do it! I know you might not see the correlation between a real store and an Etsy shop, but trust me, there is one and it’s not tiny.

Imagine the job of shopping a real world store, or even go out and give it a try if you’re serious enough about this. Then you can bring that experience online.

Then when you visit similar shops to your own, you’ll know what to look for.

When you find an area that you see in the real world, but not online, such as “Does the staff welcome you?”; ask yourself this:

“How can I?”

“How can I make it feel like someone is welcoming people to my shop?” You’re creative, you’ll figure out something awesome.

Learn about your target market, but don’t stop there.

The genesis of this post was a discussion on identifying your target market. The great news is that you can learn much more while you’re out looking around.

Find and visit similar Etsy sellers. Read similar blogs. Pay attention to items similar to yours in regular stores while you’re out.

The whole-entire-time let your brain be a sponge for information. Absorb everything you can about what you like, what you don’t, and why.

Then, when you put your own unique and personal creativity into it and put it all together, you’ll end up with something far greater than you ever would have imagined!

Go for it! Pretty soon, you’ll be the success story and new sellers will be shopping you for ideas!

Three Groups of People Who Will Help You Identify Your Market

targetmarket

It’s an exciting time to be starting an online business . I’m just saying. It is.

One of the bazillion reasons for that is because it’s SO much easier to get to know your customers than it ever used to be. When I was a b’nessman-in-training fresh out of high-school companies used to charge astronomical amounts of money for information about local customers. And it wasn’t the most reliable information despite the crazy high prices.

Even so, they sold it. By the millions of dollars worth.

Companies paid the bill because they recognized how important it was to know as much as possible about the people they wanted to do business with. Information about people such as approximate income, favorite places to eat, most popular vacation spots, and levels of education were all for sale.

But you? … you don’t have to pay a dime. Information much better and more accurate than was ever available a decade or so ago is available to you, right now, for free.

Tons of it.

Why You Should Know Your Customer

Unless you’re looking to be the next Amazon.com, then chances are pretty good your business is designed to appeal to a certain particular group of people. Whether you designed it that way on purpose or on acccident doesn’t change the fact that it’s true.

You have a target market; a group (or groups) of people who are most likely to see the value in what you’re offering.  Knowing about your customers helps you make some really important marketing decisions.

  • Where to spend the most effort sharing your work
  • What types of media most appeal to your customers (video, audio, pictures, words)
  • What are the areas of common interest you have with your customer

So, how much do you know about your customers?  Hopefully a lot.

If not, I’m going to write a few posts that will help you learn more. We’ll get into each one of these areas in detail, but I’ll give you the broad strokes right now.

Here are three groups of people who will help you identify and get to know your target market.

1. Your Competitors

Well, duh. I know it’s obvious but let me ask you this: How much time have you spent prowling around your competition’s sites and social media lately? Probably not much right? Well, you should get to it!

Other people who sell items or services similar to what you sell can tell you so much about the people who are buying from them! Sometimes you have to read between the lines a little bit, but sometimes it’s right in front of you as clear as day.

I’ll get into detail about snooping out the competition in my next post.

2. Your Friends and Family

Have you ever been paid to answer a survey at the mall? How about one of those deals where you go to a meeting, listen to a presentation, then answer some questions; in return you pocket $100.00 for your time? That’s market research. It’s still big business. (though I’m not sure why… hello, start a blog and do a survey for free)

You can do the exact same thing with people you know. If there is one thing I’ve seen proven over and over again in my life, it’s this: entrepreneurial fire and energy is contagious! Most people love that you’ve got an idea you’re pursuing with all your heart.

Even if they don’t really think you’ll make any money with it, most of your friends and family would be honored to give you their opinion on your products or ideas and they’ll give you good common sense feedback about who they think your buyer would be.

Leave your pride at the door and humbly ask for feedback. You might have to sift through the results a little bit. We know there could be parts that are meant to direct you to what they think you should do, but good info is in there nonetheless!

3. Fans of Your Own Favorite Places, Things, Brands, etc.

Here’s a pearl of not-so-amazing wisdom: If you like what you make (and of course you must), then other people who like other things you like probably would like what you make too!

Too many likes in that sentence? Well that’s not entirely by accident. Does the word “like” conjur up thoughts of any particular social network? Facebook maybe?

The opportunity of Facebook and other social networks is that you can actually look and see who likes the same things you like. It’s all right there for anyone to see. There is so much information here that you couldn’t possibly assimilate it all.

But you can get some great ideas. You can get a feel of who your customer is.

Feel Who Your Customer Is – Intuitively

And that’s the ticket. Get to a point where you can look at a crowd on the street and pick out the one or two people who would buy from your shop. Once you can do that, and you can guess what they do for a living, and how many kids or dogs they have, then you’ll be well on your way to marketing greatness.

The same marketing greatness that will allow you to do what Kim wrote about today on EverythingEtsy.com…

Make it happen. Shock every single one of them!

As always, I know the real knowledge is in your comments, not just in my words. So here’s my questions… Who else can teach you about your target market? Where else can we get more knowledge?

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