Finding Customers for your Startup
fm Biz KnowHow.com 3/16 enhanced by Peter/CXO Wiz4biz
As many new Startup owners quickly discover, the most difficult part of starting a business is finding customers. Having a great product or service that you are sure many people will need, isn’t good enough. Customers won’t find you or your web site – just because you have started selling a product or service. Indeed, most Startups have to go on regular & frequent hunting trips to find customers and keep new business coming in their doors. But how do you do that? Here are several suggestions to get you started.
1. Develop a Plan. Consider who would make the ideal customer. If you sell to businesses[B2B], consider what department is most likely to buy your products or services, and what individual (what level of responsibility) would be the one to determine the specific purchase requirements. (Make some calls, if you don’t know many). Next, consider how that individual would normally find products or services like yours. What circles do they network in? Who are they likely to listen to or where do they look when they want to buy a product or service. Find a way to put your info, or yourself, in their path.
2. Realize there is no one Path to success. Sales often happen because prospective customers hear about your products & services in several different ways & from several different sources. The more often they hear about you, the more likely they are to consider what you have to offer when they are ready to buy.
3. Work your Personal Network. Ask your friends if they know of people who can use your services, or people who may know others who could use your services. If your pricing structure will allow it, offer friends and business associates a finders’ fee for referrals that turn into jobs.
4. Work your local Newspapers. Daily & weekly newspapers are an incredible source of contact information and could lead to potential customers. Watch for names of people who have been promoted, who have won awards, who have opened new businesses, or who (in any way) may be potential customers. Send those people personalized mailings congratulating them on their success or telling them how interesting the article about them was. Include your company name and any appropriate product information with your Title & Mission.
5. Attend Meetings & Seminars that your Prospects might attend. If you’ve been doing that or haven’t made contacts that could lead to sales, try “new” networking groups. Look to see what other organizations hold events that might attract your target market & attend some of those meetings.
6. Follow up after Meetings. Contact the people you’ve met, to see if they may be prospects. If they say they don’t need your services now, ask when a good time to call them back would be, or if they have business associates who could use what you sell now.
7. Give a “little” to get a “lot”. Give away free samples of your product and ask the recipients to tell their friends – if they are pleased. Or, if you are a Consultant, give away some free time. This could be in the form of a newsletter with that contains news or tips & hints, or it could be a free consultation during which time you provide just enough info to help the client “scope” out their project and know that you have the ability to handle it.
8. Sponsor Events. Watch for events that may bring your potential market together. Contact the organizers of the event and offer to give away your product or service as a prize during the event, in exchange for having the group promote you in their promotions.
9. Study your successful Competitors. Where do they advertise? Where do they network? What tactics do they use? What works for them may work just as well for you or you could to just the opposite.
10. Use multiple Small Ads instead of one BiG one. If most people in your type of business advertise in print to bring in customers, you should do the same. But don’t plan on making a big splash with one large ad. Plan smaller ads to run over a long time in the same publications that your competitors advertise in.
11. Test PPC (pay-per-click) and other Online advertising. To keep costs down, set your ads to show up only in the geographic areas you serve. Set daily & monthly budgets, and check your account frequently the first few days you set it up to see how it’s doing to expand or remove.
12. Claim your “place” in Google Places. While you’re at it, be sure to list yourself (& make sure your Website address is correct) in any directories you qualify for. Yelp, Chambers of commerce, & other local business groups often have member directories in which you can list contact info & Website address.
13. Always ask for Feedback when Prospects don’t buy. Did they find a product that better served their needs? Did they decide they don’t need the product at all? Did they just postpone their buying decision? Did they find it difficult to place an order on your Web site? Use what you learn to make needed changes and watch your sales start to grow and grow !!!
Comments: Do you have any Ideas on how to “find” Customers?