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GT Bulmer Web Bizz Blog: Failing Economy No Reason To Fear Home Business

Saturday, August 16, 2008

Failing Economy No Reason To Fear Home Business

Everywhere you turn, headlines scream "Economic Downturn, Economy Failing, Times Are Bad, They're Getting Worse!" What's an Internet Home Business marketer to do? Well, first, don't give up. Second, learn to market smarter.

© GT Bulmer
http://www.StarrBizz.com

This morning, I was thinking about the issue of the failing economy when I read an interesting article by Chris Crum, posted on SmallBusinessNewz.com titled Problem and Solution Marketing.

Chris highlights the concept of marketing a product by determining who your target market is, then focusing on their "pain points" in the selling process.

At one point in his article, Chris says, "You need to make (customers) understand that they have a problem, and you are the solution."

Later, he states: "The point is that customers need a reason to buy what you're selling. If you can make them understand why they need your product, you will have a better chance of making the sale."

I agree with Chris on this, and I think that smart marketers need to position themselves as professional problem solvers - especially during an economic downturn and in a failing economy.

Features and benefits are great, but you've got to remember that people have problems and they are looking for solutions. Chris says, "Be the solution part."

The economy may be suffering in your part of the world, but it's no reason to stop promoting your Internet Home Business ideas and opportunities. It's like they always say: "When the going gets tough, the tough get going!" Don't fear the economy, find ways to market smarter.

Sincerely,
GT
www.StarrBizz.com - Internet Home Business Ideas and Opportunities

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Comments:
GT,
This is so true, people will always search the opportunity to buy. The question is will they buy from you? If you know how to offer, they the sale is yours.

Great post.

Tanny
Free Internet Home Business Ideas
 
Hi GT,

People need to start Home Business, if they lost job ,or
to make more money for life. But
people become scared a litle in similar situation, that doesn't mean that we need to stop advertising.Good post thank you.
Mira Stjepic
 
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