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	<title>Results Revolution &#187; Attitude and Success</title>
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	<link>http://www.resultsrevolution.com</link>
	<description>Connect. Learn. Grow</description>
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		<title>What the Future Holds</title>
		<link>http://www.resultsrevolution.com/2011/05/what-the-future-holds/</link>
		<comments>http://www.resultsrevolution.com/2011/05/what-the-future-holds/#comments</comments>
		<pubDate>Thu, 12 May 2011 19:12:16 +0000</pubDate>
		<dc:creator>Marianna Chapman</dc:creator>
				<category><![CDATA[Attitude and Success]]></category>
		<category><![CDATA[Blogging]]></category>
		<category><![CDATA[E-mail Marketing]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business owner]]></category>
		<category><![CDATA[computing]]></category>
		<category><![CDATA[future holds]]></category>
		<category><![CDATA[holds]]></category>
		<category><![CDATA[ideas]]></category>
		<category><![CDATA[internet]]></category>
		<category><![CDATA[local business]]></category>
		<category><![CDATA[promo ideas]]></category>
		<category><![CDATA[promotional ideas]]></category>
		<category><![CDATA[technology]]></category>
		<category><![CDATA[the future]]></category>

		<guid isPermaLink="false">http://www.resultsrevolution.com/?p=4274</guid>
		<description><![CDATA[From time to time, I update the readers of this blog on the goings on of the blog and our other business interests. It&#8217;s been quite some time since I&#8217;ve made such a post, so here goes&#8230; This morning I was considering that next year (2012) will be the 10-year anniversary of my blogging on [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F05%2Fwhat-the-future-holds%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F05%2Fwhat-the-future-holds%2F&amp;source=resultsrev&amp;style=normal&amp;service=bit.ly&amp;b=2" height="61" width="50" /><br />
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<p><a href="http://www.resultsrevolution.com/wp-content/uploads/rr2.jpg"><img class="alignright size-medium wp-image-4275" title="rr2" src="http://www.resultsrevolution.com/wp-content/uploads/rr2-300x225.jpg" alt="" width="300" height="225" /></a>From time to time, I update the readers of this blog on the goings on of the blog and our other business interests. It&#8217;s been quite some time since I&#8217;ve made such a post, so here goes&#8230;</p>
<p>This morning I was considering that next year (2012) will be the 10-year anniversary of my blogging on this <a href="http://www.resultsrevolution.com/">URL</a> (some of the original content has long-ago been eaten by the interwebs as a result of my learning curve back near the beginning in doing things such as this&#8230;). That seems noteworthy to me in a world of often changing technologies, the blog has held its own and continues to drive an immense amount of business our way &#8211; and also to our clients who blog on their own domains. It&#8217;s a powerful tool, and one worthy of more attention in the coming months.</p>
<p><strong>One-Year Ago</strong></p>
<p>In March of 2010, we introduced the new logo on this blog, and what ensued was the most successful year of this blog&#8217;s history in terms of traffic, reader engagement, and social sharing. At the same time, we launched an effort to get small business owners to connect with one another in more of a community format, free of charge. We provided a free business directory listing exclusively for locally owned and operated small businesses (the sorts that don&#8217;t get marketing assistance from an outside power and really make 100% of their decisions at the local level). That part of the experiment didn&#8217;t go as well. We learned, as I think some other major bloggers and business people are learning as we speak&#8230; small business owners don&#8217;t have time for extracurricular networking online. I was reminded that this happens on a local level &#8211; where they are pressured more to participate in Chambers and business development groups &#8211; and so they do. Over the year, we&#8217;ve backed off of wishing business owners would spend more time using us as a networking center and have been happy that they&#8217;ve increasingly relied on us for information and ideas.</p>
<p><strong>Promotional Ideas via Email</strong></p>
<p>As such, we&#8217;re pursuing more ways to get more information and ideas out to small business owners in a way that they can digest it. Saving you steps saves you time, so just two months ago, we launched<a href="http://www.resultsrevolution.com/promoideas/"> Promo Ideas</a> that Work in This Economy &#8211; a weekly e-letter delivered directly to your Inbox. For only $27 a month, you don&#8217;t have to think about what sales or promotions you&#8217;re going to have, we cover it for you and make the ideas easy to implement. And we do NOT focus on discounting: four out of every five-promo ideas is for selling in a way other than discounting. If you haven&#8217;t yet signed up for this, may I recommend that you do &#8211; it&#8217;s a long, beefy letter every single week, delivered to your Inbox.</p>
<p><strong>Some Things Always Stay the Same</strong></p>
<p>I have been reminded that in more than a decade of being self-employed, technology and marketing tools have changed a LOT, but the lifestyle of a <a href="http://www.resultsrevolution.com/about/">local small business owner</a> has NOT changed much at all. The obstacles of limited time, limited know-how when it comes to technology, and limited ability to maintain consistent, effective marketing are all still in place. And these are the challenges that we must help you overcome.</p>
<p><strong>What the Future Holds</strong></p>
<p>As such, the future holds more &#8220;on the ground&#8221; services that will be bundled and made ridiculously affordable for small business owners AND save you time, save you having to know about technology at all, and save you from the emotional and financial roller coaster that results from inconsistent marketing. The blog will carry on, and it will be a supplement to new business models that will bring services to your door (yes, with a real live person). It will bring expertise to your community. And it will bring even more ideas and information to your Inbox and to this blog. I&#8217;m not ready to make any formal announcements yet, but suffice it to say, we&#8217;re very excited about the iteration of our relationship with you. I hope you&#8217;ll stay in touch and continue to help us learn how to help you better as we go along this path together.</p>
<p>If you don&#8217;t get our blog posts delivered to your Inbox, now might be a great time to <a href="http://feeds.feedburner.com/ResultsRevolution">subscribe</a>, so you don&#8217;t miss any opportunities for you or your community as we announce them in the coming months. I welcome your feedback. Our passion is to help you succeed.</p>
<p>Image by: <strong id="yui_3_3_0_3_13052231421131139">By <a href="http://www.flickr.com/photos/techbirmingham/">▌ÇP▐</a></strong></p>
<script type="text/javascript" src="http://bookmarklet.amplify.com/amp_it.js"></script><a href="http://amplify.com" onclick="return Amplify_AmpIt(this);" title="Amplify It!"><img id="img_amplify" src="http://amplify.com/goodies/images/amp-btn3.png" style="border:none;" alt="Amplify" /></a><h4  class="related_post_title">Related Posts</h4><ul class="related_post"><li><a href="http://www.resultsrevolution.com/2010/10/the-one-secret-for-online-success-take-action-for-results/" title="The One Secret For Online Success (Take Action for Results)">The One Secret For Online Success (Take Action for Results)</a></li><li><a href="http://www.resultsrevolution.com/2011/05/being-human-in-business-works/" title="Being Human in Business&#8230; Works">Being Human in Business&#8230; Works</a></li><li><a href="http://www.resultsrevolution.com/2011/04/pulling-up-weeds/" title="Pulling Up Weeds">Pulling Up Weeds</a></li><li><a href="http://www.resultsrevolution.com/2011/03/revolutionary-promo-ideas-is-live/" title="Revolutionary Promo Ideas is LIVE! ">Revolutionary Promo Ideas is LIVE! </a></li><li><a href="http://www.resultsrevolution.com/2011/02/marketing-strategy-planning-a-valentines-day-special/" title="Marketing Strategy: Planning a Valentine&#8217;s Day Special">Marketing Strategy: Planning a Valentine&#8217;s Day Special</a></li></ul>]]></content:encoded>
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		<item>
		<title>Being Human in Business&#8230; Works</title>
		<link>http://www.resultsrevolution.com/2011/05/being-human-in-business-works/</link>
		<comments>http://www.resultsrevolution.com/2011/05/being-human-in-business-works/#comments</comments>
		<pubDate>Wed, 11 May 2011 19:24:50 +0000</pubDate>
		<dc:creator>Marianna Chapman</dc:creator>
				<category><![CDATA[Attitude and Success]]></category>
		<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Customer Retention]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Employees]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Inspiration]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Twitter]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business owner]]></category>
		<category><![CDATA[customer loyalty]]></category>
		<category><![CDATA[customer testimonials]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[entrepreneurship]]></category>
		<category><![CDATA[human]]></category>
		<category><![CDATA[interact]]></category>
		<category><![CDATA[loyalty business model]]></category>
		<category><![CDATA[online social networking]]></category>
		<category><![CDATA[sale]]></category>
		<category><![CDATA[sales]]></category>

		<guid isPermaLink="false">http://www.resultsrevolution.com/?p=4262</guid>
		<description><![CDATA[It&#8217;s funny. It seems like the posts you (my readers) like the best are the ones where I give a more personal insight into the work I&#8217;m doing, or the thoughts I&#8217;m thinking as it relates to business. Not to take all the warm and fuzzies out of it, but I&#8217;ve got stats to prove [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F05%2Fbeing-human-in-business-works%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F05%2Fbeing-human-in-business-works%2F&amp;source=resultsrev&amp;style=normal&amp;service=bit.ly&amp;b=2" height="61" width="50" /><br />
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<p><a href="http://www.resultsrevolution.com/wp-content/uploads/resultsrevcustomers.jpg"><img class="alignright size-medium wp-image-4265" title="Customers are People Too" src="http://www.resultsrevolution.com/wp-content/uploads/resultsrevcustomers-300x225.jpg" alt="" width="300" height="225" /></a>It&#8217;s funny. It seems like the posts you (my readers) like the best are the ones where I give a more personal insight into the work I&#8217;m doing, or the thoughts I&#8217;m thinking as it relates to business. Not to take all the warm and fuzzies out of it, but I&#8217;ve got stats to prove this. The web<a href="http://en.wikipedia.org/wiki/Web_analytics" target="_blank"> analytics</a>, <a href="http://www.facebook.com/help/?search=insights" target="_blank">Facebook insights</a> and <a href="http://support.twitter.com/entries/77606-what-is-retweet-rt" target="_blank">Twitter re-tweets</a> &#8211; they all tell the story. My readers&#8230;my customers&#8230;they like knowing the real me and hearing that inside my brain, emotional, thoughtful type stuff.</p>
<p>Which got me thinking&#8230; maybe your customers would like the same thing.</p>
<p><strong>Customers Are Humans, Too.</strong></p>
<p>In general, humans are emotional beings, created to live in community with other humans and to interact with on a personal level. There&#8217;s way more to every business transaction than some logical need &#8211; there is an emotional connection that takes place &#8211; yes, even in the most shrewd business situations. So, how can you use this fact to connect on a deeper level (which creates immense customer loyalty, by the way) with your customers today?</p>
<p>Here are a few ideas I had&#8230; But I&#8217;d also love to hear your ideas, so fire away in the comments sections to help all of us do a better job at using our &#8220;humanness&#8221; as a marketing tactic to grow our businesses.</p>
<p>1. Use a picture of a human (you, the business owner, the manager, a key employee, an employee of the month, even a customer testimonial with photo) on your outgoing messages (that includes email, web site pages, traditional advertisements, posts on Facebook and your Twitter profile pic for your business).</p>
<p>2. Have all owners and employees name tags in your business, so that customers can connect with a name, not just a face.</p>
<p>3. Have all owners and employees introduce themselves personally and shake hands or hug customers when they enter (depending on the level of familiarity, of course). Physical contact in this professional way will deepen relationships and leave a more lasting positive impression.</p>
<p>4. Have your owner and employees become a source of valuable ideas instead of <a href="http://en.wikipedia.org/wiki/Gimmick" target="_blank">marketing gimmicks</a>. For example, instead of greeting a customer with a sales gimmick when they walk in the store, have them demonstrate what to do with a certain item, how to use it, etc.</p>
<p>5. Place signs around the store with photos of employees or owners that provide personalized advice through signage. For example:</p>
<p>Mary&#8217;s Top 10 Graduation Gift Ideas Under $50</p>
<p>Mary&#8217;s Favorite Pair of Jeans for Summer &#8211; White Bootcut Delta Blues</p>
<p>Mary Recommends&#8230; Mixing your grandmother&#8217;s antique china with this <a href="http://www.gailpittman.com/" target="_blank">Gail Pittman</a> ivory pottery plate for a bright spring luncheon</p>
<p>6. Use your <a href="http://www.resultsrevolution.com/blog/" target="_blank">blog</a>, <a href="http://www.resultsrevolution.com/valuable-resources/">email</a>, <a href="http://www.facebook.com/">Facebook</a> and <a href="http://twitter.com/" target="_blank">Twitter</a> as a place to circulate more of these types of ideas, to reach out to others who are asking questions or making comments that you can engage in conversation about (i.e. be human and join conversations in a normal human way, but on behalf of your business).</p>
<p>7. Use your blog to explain more about the ideas you&#8217;ve shared on the signs in-store. For example, you can create a blog post &#8220;written by&#8221; the person who made the tip on the store sign, include their photo on the blog post as well, include some additional sample pictures of products (include price and official name of product in the caption), and explain in more detail what you presented on the store sign. For instance, if you were saying more about Mary&#8217;s favorite pair of summer jeans, you might show some outfit ideas, tell why they are her favorite from her perspective (does she have a certain body type that they fit well, are they lighter weight for hot Southern summers, is there an event that she looks forward to that she plans to wear the jeans to?), and even share a bit of the story behind the brand (a brand created in the South to fit Southern women, etc.). This extends the customer&#8217;s in-store experience, and it gives you a lot of content to post on social media, which will in turn also create new sales. And it&#8217;s all done from a human, personal perspective, which will lead to tighter emotional connections, higher per-ticket sales averages, and a more loyal customer base.</p>
<p>Trust me&#8230; we all really do like it when people are more human in how they do business. The numbers prove it.</p>
<p>Image by:<strong id="yui_3_3_0_1_13051379443591117"> <a href="http://www.flickr.com/photos/brewbooks/">brewbooks</a></strong></p>
<script type="text/javascript" src="http://bookmarklet.amplify.com/amp_it.js"></script><a href="http://amplify.com" onclick="return Amplify_AmpIt(this);" title="Amplify It!"><img id="img_amplify" src="http://amplify.com/goodies/images/amp-btn3.png" style="border:none;" alt="Amplify" /></a><h4  class="related_post_title">Related Posts</h4><ul class="related_post"><li><a href="http://www.resultsrevolution.com/2010/12/how-to-promote-your-holiday-specials-online/" title="How to Promote Your Holiday Specials Online">How to Promote Your Holiday Specials Online</a></li><li><a href="http://www.resultsrevolution.com/2011/01/twitter-vs-facebook-whats-the-best-choice-for-small-businesses/" title="Twitter vs. Facebook: What’s the Best Choice for Small Businesses?">Twitter vs. Facebook: What’s the Best Choice for Small Businesses?</a></li><li><a href="http://www.resultsrevolution.com/2010/12/marketing-strategy-create-a-customer-loyalty-rewards-program-for-your-small-business/" title="Marketing Strategy: Create a Customer Loyalty Rewards Program for Your Small Business">Marketing Strategy: Create a Customer Loyalty Rewards Program for Your Small Business</a></li><li><a href="http://www.resultsrevolution.com/2010/12/twitter-101-for-small-business-basic-guidelines-for-twitter-success/" title="Twitter 101 for Small Business: Basic Guidelines for Twitter Success">Twitter 101 for Small Business: Basic Guidelines for Twitter Success</a></li><li><a href="http://www.resultsrevolution.com/2010/12/twitter-101-for-small-business-3-rules-for-twitter-success/" title="Twitter 101 for Small Business: 3 Rules for Twitter Success">Twitter 101 for Small Business: 3 Rules for Twitter Success</a></li></ul>]]></content:encoded>
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		<title>How to Identify Your Niche Customers</title>
		<link>http://www.resultsrevolution.com/2011/03/how-to-identify-your-niche-customers/</link>
		<comments>http://www.resultsrevolution.com/2011/03/how-to-identify-your-niche-customers/#comments</comments>
		<pubDate>Fri, 04 Mar 2011 20:26:48 +0000</pubDate>
		<dc:creator>Marianna Chapman</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Attitude and Success]]></category>
		<category><![CDATA[Customer Demographics]]></category>
		<category><![CDATA[Customer Retention]]></category>
		<category><![CDATA[Local Business Marketing]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Restaurant & Food Service]]></category>
		<category><![CDATA[Restaurant Marketing]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Small Business Goals]]></category>
		<category><![CDATA[Small Business Marketing]]></category>
		<category><![CDATA[Small Retail Business]]></category>
		<category><![CDATA[Success in this Economy]]></category>
		<category><![CDATA[advertising]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[classic literature]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[enthusiastic]]></category>
		<category><![CDATA[find]]></category>
		<category><![CDATA[local small business]]></category>
		<category><![CDATA[need]]></category>
		<category><![CDATA[niche businesses]]></category>
		<category><![CDATA[niche market]]></category>
		<category><![CDATA[niches]]></category>
		<category><![CDATA[online marketplaces]]></category>
		<category><![CDATA[science fiction]]></category>
		<category><![CDATA[small businesses]]></category>

		<guid isPermaLink="false">http://www.resultsrevolution.com/?p=3926</guid>
		<description><![CDATA[As we explained in a previous article , the key to locally owned businesses surviving and thriving in a competitive, online marketplace and tight economy is to find and dominate a niche of their own. Small businesses can&#8217;t compete with the advertising dollars and inventory numbers of huge national chains; they can establish themselves by [...]]]></description>
			<content:encoded><![CDATA[<div class="tweetmeme_button" style="float: right; margin-left: 10px;">
			<a href="http://api.tweetmeme.com/share?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F03%2Fhow-to-identify-your-niche-customers%2F"><br />
				<img src="http://api.tweetmeme.com/imagebutton.gif?url=http%3A%2F%2Fwww.resultsrevolution.com%2F2011%2F03%2Fhow-to-identify-your-niche-customers%2F&amp;source=resultsrev&amp;style=normal&amp;service=bit.ly&amp;b=2" height="61" width="50" /><br />
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<p><a href="http://www.resultsrevolution.com/wp-content/uploads/findnichecustomer.jpg"><img class="alignright size-medium wp-image-3927" title="findnichecustomer" src="http://www.resultsrevolution.com/wp-content/uploads/findnichecustomer-300x196.jpg" alt="" width="300" height="196" /></a>As we explained in a previous <a href="http://www.resultsrevolution.com/2011/03/plan-for-the-new-economy-with-the-niche-model/">article </a>, the key to locally owned businesses surviving and thriving in a competitive, online marketplace and tight economy is to find and dominate a niche of their own.</p>
<p>Small businesses can&#8217;t compete with the advertising dollars and inventory numbers of huge national chains; they can establish themselves by finding a specialty and being the best in it.</p>
<p><strong>You Can&#8217;t Please All the People</strong></p>
<p>The toughest part of becoming a successful niche business is realizing that you simply won&#8217;t be able to make everybody happy. If you choose to specialize your small business in science fiction, for example, then you won&#8217;t gain a following of classic literature lovers. But you will gain science fiction fans. If you choose to specialize your locally owned restaurant in a specific type of cuisine, perhaps Italian, then you&#8217;ll lose the people who don&#8217;t like pasta. But you&#8217;ll have fervent and loyal customers in the pasta lovers.</p>
<p><strong>The Trade Off</strong></p>
<p>For a business to succeed in a specialty or <a href="http://dictionary.reference.com/browse/niche" target="_blank">niche</a>, it has to make a trade-off. You trade the complacent, so-so, average customers for the fervent, dedicated, enthusiastic ones. Sounds like a good trade, right? It is, because a few enthusiastic customers will give you more in lifetime value and passionate referrals to their peers than many average customers.</p>
<p><strong>Finding Your Enthusiastic Fans</strong></p>
<p>The first step to identifying those customers you want to find and keep for the life of your business is to clearly define your specialty. What are you offering that&#8217;s different, better, or more unique than your competitors? Once you&#8217;ve identified your own niche &#8211; your special offering &#8211; you&#8217;re in the right position to find the people who will be interested in what you have to offer.</p>
<p>The second step is just a bit of simple brainstorming: who is going to be the most interested and the most enthusiastic about your specialty, your niche? Don&#8217;t focus on the people who might be interested. Focus on the people who will love what you offer. If you&#8217;re selling science fiction books, you need to be at the sci-fi gatherings, clubs, and conferences, and partnering up with the local theater when the next sci-fi movie opens. Market yourself to the most passionate people in the particular niche; they, in turn, will market you to the people they know. When you find and convert enthusiastic customers, they do the advertising for you.</p>
<p><strong>Places to Look for your Niche Customers</strong></p>
<ul>
<li> Specialized online communities and groups</li>
<li> Local clubs and meetings</li>
<li> Conferences</li>
<li> Meet-up groups</li>
<li> Fan clubs</li>
<li> Organizations and associations</li>
<li> Trade shows</li>
</ul>
<p>Note: If your &#8220;niche&#8221; is too big to define and go find in groups like these&#8230; then your &#8220;niche&#8221; isn&#8217;t a niche at all &#8211; and you need to work harder to find your small business&#8217; niche &#8211; a truly narrow scope or specialty that will create a winning formula for your business in a difficult economic time.</p>
<p>Where would your ideal customers hang out? Where do they gather? That&#8217;s where you need to be.</p>
<p><em>Image by <a href="http://www.flickr.com/photos/rachaelvoorhees/435964839/">Rachel Voorhees</a>.</em></p>
<script type="text/javascript" src="http://bookmarklet.amplify.com/amp_it.js"></script><a href="http://amplify.com" onclick="return Amplify_AmpIt(this);" title="Amplify It!"><img id="img_amplify" src="http://amplify.com/goodies/images/amp-btn3.png" style="border:none;" alt="Amplify" /></a><h4  class="related_post_title">Related Posts</h4><ul class="related_post"><li><a href="http://www.resultsrevolution.com/2011/03/plan-for-the-new-economy-with-the-niche-model/" title="Plan for the New Economy with the Niche Model">Plan for the New Economy with the Niche Model</a></li><li><a href="http://www.resultsrevolution.com/2011/02/be-findable-by-local-shoppers-or-die/" title="Be Findable by Local Shoppers&#8230; or Die. ">Be Findable by Local Shoppers&#8230; or Die. </a></li><li><a href="http://www.resultsrevolution.com/2012/01/how-to-hold-a-great-sale-and-still-make-a-profit/" title="How to Hold a Great Sale (And Still Make a Profit)">How to Hold a Great Sale (And Still Make a Profit)</a></li><li><a href="http://www.resultsrevolution.com/2010/12/marketing-strategy-create-a-customer-loyalty-rewards-program-for-your-small-business/" title="Marketing Strategy: Create a Customer Loyalty Rewards Program for Your Small Business">Marketing Strategy: Create a Customer Loyalty Rewards Program for Your Small Business</a></li><li><a href="http://www.resultsrevolution.com/2010/10/local-business-marketing-partnership-idea-using-bathrooms/" title="Local Business Marketing Partnership Idea &#8211; Using Bathrooms">Local Business Marketing Partnership Idea &#8211; Using Bathrooms</a></li></ul>]]></content:encoded>
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		<title>Plan for the New Economy with the Niche Model</title>
		<link>http://www.resultsrevolution.com/2011/03/plan-for-the-new-economy-with-the-niche-model/</link>
		<comments>http://www.resultsrevolution.com/2011/03/plan-for-the-new-economy-with-the-niche-model/#comments</comments>
		<pubDate>Thu, 03 Mar 2011 18:58:39 +0000</pubDate>
		<dc:creator>Marianna Chapman</dc:creator>
				<category><![CDATA[Attitude and Success]]></category>
		<category><![CDATA[Customer Retention]]></category>
		<category><![CDATA[Local Business Marketing]]></category>
		<category><![CDATA[Main Street]]></category>
		<category><![CDATA[Main Street & Small Business Web Sites]]></category>
		<category><![CDATA[Restaurant Marketing]]></category>
		<category><![CDATA[Retail]]></category>
		<category><![CDATA[Small Business]]></category>
		<category><![CDATA[Small Business Marketing]]></category>
		<category><![CDATA[Small Retail Business]]></category>
		<category><![CDATA[Success in this Economy]]></category>
		<category><![CDATA[Web Sites]]></category>
		<category><![CDATA[bookselling]]></category>
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		<category><![CDATA[customers]]></category>
		<category><![CDATA[electronic commerce]]></category>
		<category><![CDATA[how to use]]></category>
		<category><![CDATA[independent bookstore]]></category>
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		<category><![CDATA[local]]></category>
		<category><![CDATA[local small business]]></category>
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		<category><![CDATA[small local business]]></category>
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		<description><![CDATA[Note: I got an e-mail a while back that challenged me on my inclusion of an Amazon link in one of my e-mail campaigns. This and the following post (and probably a few more beyond that into the future) will be my long-considered answer to the seeming &#8220;crisis&#8221; presenting itself to local brick-and-mortars&#8230; the invasion [...]]]></description>
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<p><a href="http://www.resultsrevolution.com/wp-content/uploads/economybookstore1.jpg"><img class="alignright size-medium wp-image-3923" title="economybookstore" src="http://www.resultsrevolution.com/wp-content/uploads/economybookstore1-300x225.jpg" alt="" width="300" height="225" /></a></p>
<p><em>Note: I got an e-mail a while back that challenged me on my inclusion of an Amazon link in one of my e-mail campaigns. This and the following post (and probably a few more beyond that into the future) will be my long-considered answer to the seeming &#8220;crisis&#8221; presenting itself to local brick-and-mortars&#8230; the invasion of big boxes and big-box style on-line competition. Here&#8217;s my first stab at how small businesses can beat Goliath.</em></p>
<p>Small businesses face a double challenge in the new economy; not only are we in the midst of recession like times, with everybody tightening belts and spending less, we&#8217;re also transitioning from store-front shopping on Main Street to isolated shopping via the Internet. Location is not the factor it used to be in shopping choices; anyone with Internet access (which seems to be practically everyone) can shop at any store online. The options have opened up, and for the most part, consumers seem to love the choices.</p>
<p>Locally owned small businesses can thrive in the new economy &#8211; and love it &#8211; but it requires a different approach. When your competition expands from being the other small retail shop two streets over to being the biggest national box stores plus the on-line retailers&#8230; it&#8217;s time to think of a new angle.</p>
<p>Independent bookstores are a good example, because the ones that have survived and thrive despite competition from <a href="http://amazon.com/">Amazon.com</a> have learned to work the new economic angle successfully.</p>
<p><strong>The angle is this: you must create your own niche position and dominate it in order to compete with huge brands and online options.</strong></p>
<p>It&#8217;s not enough to be an average bookstore, or an average retail shop, or an average restaurant. When customers have limitless options, average is not going to bring them back.</p>
<p>But you can bring them back.</p>
<p><strong>Niche Examples from Independent Bookstores</strong></p>
<p>An <a href="http://www.nytimes.com/2010/09/10/us/10bcomnivore.html">article in the New York Times</a> highlighted how the niche angle has helped independent bookstores to survive. “Being a specialty store gave us something that would distinguish us,” said Alan Beatts, owner of Borderlands, which focuses on science fiction. “We are serving a special demographic, and we receive customer loyalty in return” For a locally owned bookstore, a niche could include</p>
<ul>
<li>Selling signed first edition      books (and holding regular author events)</li>
<li>Selling, trading, and assisting      customers in rare books</li>
<li>Covering niche topics (stocking      and special-ordering specialized books, magazines, newspapers, and trade      journals)</li>
<li>Establishing expert status in      book-related topics or specialized topics</li>
<li>Engaging an active online      community and having stellar e-commerce options</li>
</ul>
<p>So, if you&#8217;re a bookstore, a retail store, a service-oriented business, or a restaurant, how can you find your niche, establish yourself in it, and thrive in this new economy?</p>
<p>&#8220;It&#8217;s entirely possible that you will choose a niche that&#8217;s too small. It&#8217;s much more likely you&#8217;ll shoot for something too big and become overwhelmed. When in doubt, overwhelm a small niche.&#8221; -<a href="http://sethgodin.typepad.com/seths_blog/2009/02/make-the-world-smaller.html">Seth Godin</a>, business &amp; marketing expert.</p>
<p>Want more ideas from the local book store angle? Here&#8217;s a <a href="http://www.usatoday.com/life/books/news/2011-02-10-1Abookstores10_CV_N.htm" target="_blank">post from USA Today on a similar subject showcasing ways that small local brick and mortar bookstores are competing with the Kindle, Nook and similar book technology&#8230; </a></p>
<p><em>Image by <a href="http://www.flickr.com/photos/rene-germany/2152032658/" target="_blank">ReneS</a>.</em></p>
<script type="text/javascript" src="http://bookmarklet.amplify.com/amp_it.js"></script><a href="http://amplify.com" onclick="return Amplify_AmpIt(this);" title="Amplify It!"><img id="img_amplify" src="http://amplify.com/goodies/images/amp-btn3.png" style="border:none;" alt="Amplify" /></a><h4  class="related_post_title">Related Posts</h4><ul class="related_post"><li><a href="http://www.resultsrevolution.com/2011/03/how-to-identify-your-niche-customers/" title="How to Identify Your Niche Customers">How to Identify Your Niche Customers</a></li><li><a href="http://www.resultsrevolution.com/2012/01/how-to-hold-a-great-sale-and-still-make-a-profit/" title="How to Hold a Great Sale (And Still Make a Profit)">How to Hold a Great Sale (And Still Make a Profit)</a></li><li><a href="http://www.resultsrevolution.com/2011/02/be-findable-by-local-shoppers-or-die/" title="Be Findable by Local Shoppers&#8230; or Die. ">Be Findable by Local Shoppers&#8230; or Die. </a></li><li><a href="http://www.resultsrevolution.com/2010/12/how-to-promote-your-holiday-specials-online/" title="How to Promote Your Holiday Specials Online">How to Promote Your Holiday Specials Online</a></li><li><a href="http://www.resultsrevolution.com/2011/05/being-human-in-business-works/" title="Being Human in Business&#8230; Works">Being Human in Business&#8230; Works</a></li></ul>]]></content:encoded>
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