Small Biz Success Tips – Since 2012

Tag: how to market a product

How to Market a Product Instead of Your Shop

by Gail Oliver, Online Marketing Consultant

A lot of online stores spend their time trying to market and promote their shop as a whole, but sometimes you can might be better to focus your efforts on marketing a specific product from your shop instead. It still brings traffic into your shop to sell what else you sell.

Getting Publicity for Your Product

It is much easier to get publicity on a product than on your shop as a whole. As I have said in the past, your best chance to get publicity for a product is if it is:

  • Quirky or Unusual – Example: Unicorn Dog Sweater
  • Timely or Seasonal – Example: Beauty and the Beauty Body Wash
  • Part of a Current Trend – Example: Pom Pom Sandals
  • Is a Hot Seller for You (the media likes to write about success stories)

If you are still not sure how to pitch your product to the media, be sure to see my Publicity Pitch Service

Advertising Your Product

Did you know that you can advertise a single product (not just your entire shop) as an Google Adwords ad? This is different than a Google Sponsored Product ad. An Google Adwords ad appears at the top or bottom of search results with a much more detailed description of your product, and in my experience, gets a better click-through.

Promoting Your Product on Social Media

If you are going to post one of your products on social media, you have to make it interesting or it will get lost in the noise of all the other people who simply post their products. For example, Nordstrom posting a pair of Prada shoes, but surrounding it with clovers to celebrate St. Patrick’s Day. If you still can’t figure out how to get your products seen on social media, be sure to get my downloadable Social Media Plan.

So, if you have had no luck promoting your shop as a whole, try zeroing in on one product and see if it makes a difference. Be sure to see more of my products and services at:

© 2017. Gail Oliver. All rights reserved.

If Your Small Business is Failing, It Isn’t Always Your Marketing

by Gail Oliver, Small Business Consultant

Do you know about the four Ps of marketing – Product, Price, Place, Promotion? They are in that order for a reason.

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The problem most small businesses and entrepreneurs make is that they do not spend enough time on the first P – the Product. They get anxious and excited and jump right ahead to the next three. Then, when the business starts to fail, they automatically think the problem must be their price, where they are selling, and/or their marketing efforts.

But more than likely the reason the business is failing is because they didn’t make sure that the product/service they were offering was:

  • Better than the competition
  • Different than the competition
  • Answered a need in the marketplace that competitors were not

Particularly if you are a late entrant into an over crowded market, your business has to have at least one of the above to have any kind of success.

Real Business Case Study

I had a client a few years back wanting to open a cupcake business. The problem was, the cupcake business was already thriving and full of competitors doing a great job. But she was determined and jumped ahead and started designing the website, logo, marketing materials, etc. I had to reign her back in and have her focus on the cupcakes before committing to anything else. If she was going to compete in this already crowded market, the only way she was going to have success was to offer cupcakes that were better, different and/or answered a need in the market that no other business was addressing.

Research the Competition

Your first step in developing a successful business is to research your competition in terms of what they offer. I researched her competition, noting:

  • The look of her competitors’ cupcakes – were they regular size, oversized, mini, mile high icing, round, square, in shapes, decorated, etc.
  • The taste of her competitors’ cupcakes – were they moist, decadent, rich, not too sweet, something I couldn’t make at home, etc.
  • The special types of cupcakes her competitors offered – peanut-free, gluten-free, flavors tailored to men (beer cupcakes), specialty cupcakes for sports teams, companies, weddings, etc.

If her cupcakes didn’t taste better than anyone else’s, look better than anyone else’s, and/or address niches the other companies were not, there was not much point going forward.

How to Make Sure You are Better Than the Competition

My key advice to every business is always this: match your competitors feature for feature, and then go beyond that.

Make a list of every feature your competitors offer, and then compare to make sure you are matching them feature for feature. Now, how do you go beyond? Find out what they don’t have that customers want or features where they are weak and customers have complained about.

One easy way to do this is to read reviews of your competitors – a great place to get this information. You can also reviews of similar products on Amazon, again, focusing on the negative reviews to see where a product and/or service is lacking and you can take advantage.

Making sure that your product and/or service offering is better than the competition and/or offers something different from the competition and/or covers sought-after niches in the marketplace, is the first and most important step in ensuring the success of your business. Do not proceed with any of the other Ps, until you have that perfected.

Need a Product Consultation?

If you don’t think your products are up to the competition, I can help with
my Product Consultation.

© 2012-2014 Gail Oliver. All rights reserved.