{"id":314,"date":"2015-10-18T16:07:00","date_gmt":"2015-10-18T16:07:00","guid":{"rendered":"https:\/\/nickiong.com\/simplesprout\/?p=314"},"modified":"2021-04-13T14:14:57","modified_gmt":"2021-04-13T14:14:57","slug":"5-marketing-101-reminders-for-entrepreneurs","status":"publish","type":"post","link":"https:\/\/nickiong.com\/simplesprout\/2015\/10\/18\/5-marketing-101-reminders-for-entrepreneurs\/","title":{"rendered":"5 Marketing 101 Reminders for Entrepreneurs"},"content":{"rendered":"\n<p>Last night I attended the&nbsp;<a href=\"https:\/\/jacksonville.score.org\/\">Jacksonville SCORE Chapter\u2019s<\/a>&nbsp;<a href=\"https:\/\/jacksonville.score.org\/content\/achieve-your-dream-workshop-content\">Achieve Your Business Dream<\/a>&nbsp;workshop series on Marketing. <\/p>\n\n\n\n<p>The presenters, Mary Habres from&nbsp;Encore Perception Marketing&nbsp;and Elizabeth Pampalone from&nbsp;Jax Computer Chic,&nbsp;spoke to hopeful or brand new entrepreneurs about marketing strategy.<\/p>\n\n\n\n<p>While the ladies shared a lot of great information for the newbies, Mary\u2019s presentation, in particular, got me thinking about&nbsp;going back to the basics&nbsp;when it comes to marketing. She reviewed a lot of basic marketing rules of thumb that a lot of us have either forgotten or choose to ignore.<\/p>\n\n\n\n<p>So we\u2019re going to take it back a bit to Marketing 101; where all your marketing efforts should truly stem from, whether it\u2019s traditional or online.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" width=\"1024\" height=\"683\" src=\"https:\/\/nickiong.com\/app\/uploads\/sites\/2\/2021\/03\/new-female-entrepreneur-1024x683.jpg\" alt=\"\" class=\"wp-image-315\" srcset=\"https:\/\/nickiong.com\/app\/uploads\/sites\/2\/2021\/03\/new-female-entrepreneur-1024x683.jpg 1024w, https:\/\/nickiong.com\/app\/uploads\/sites\/2\/2021\/03\/new-female-entrepreneur-300x200.jpg 300w, https:\/\/nickiong.com\/app\/uploads\/sites\/2\/2021\/03\/new-female-entrepreneur-768x512.jpg 768w, https:\/\/nickiong.com\/app\/uploads\/sites\/2\/2021\/03\/new-female-entrepreneur.jpg 1350w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<h2>1. What is marketing?<\/h2>\n\n\n\n<p>Mary started off with answering a simple question:&nbsp;<strong>what is marketing?<\/strong>&nbsp;Marketing, in and of itself, can be&nbsp;complicated and a bit overwhelming. But it can be boiled down to:&nbsp;<strong>how your product or service solves the problem(s) of your customer.&nbsp;<\/strong>Share the&nbsp;<em>solution<\/em>&nbsp;with your ideal customer and focus on&nbsp;<em>benefits<\/em>, not&nbsp;<em>features<\/em>.<\/p>\n\n\n\n<h2>2. Define your business<\/h2>\n\n\n\n<p>In order to understand how your product\/service solves a customer\u2019s problem, you have to do two things: 1) fully understand your product or service and the industry you\u2019re in, and 2) fully understand your customer.<strong>&nbsp;So&nbsp;do your research<\/strong>.<\/p>\n\n\n\n<p>Find out:<\/p>\n\n\n\n<ul><li>Who are your competitors?<\/li><li>Who is your target market?<\/li><li>Who is your customer?<\/li><\/ul>\n\n\n\n<p>It\u2019s important to know your customer\u2026really&nbsp;<em>know&nbsp;<\/em>them.<\/p>\n\n\n\n<ul><li>Who are they? (Age? Race? Gender? Other demographics?)<\/li><li>Where do they spend their time? (Especially online)<\/li><\/ul>\n\n\n\n<script async=\"\" data-uid=\"9a4e83d7d9\" src=\"https:\/\/nickiong.ck.page\/9a4e83d7d9\/index.js\"><\/script>\n<br>\n\n\n\n<h2>3. Focus on a niche<\/h2>\n\n\n\n<p>Now that you know who your ideal customer is, it\u2019s important to focus on them. As Mary put it:&nbsp;\u201cthere are riches in niches.\u201d Narrowing your focus on a niche target audience allows you to be the expert on that audience. Having \u201ceveryone\u201d as your ideal customer is unrealistic, impractical, and frankly a waste of time and money.<\/p>\n\n\n\n<h2>4. Tell a story<\/h2>\n\n\n\n<p>A lot of marketing isn\u2019t about the story, but the way you tell it. For example, incorporating imagery and powerful phrases on your website that hit the root of your customer\u2019s problems is a great starting point. Make sure you use your blog and social media to its full advantage by sharing interesting information Also, incorporate testimonials everywhere: your website, your proposals, your contracts\u2026even your invoices.<\/p>\n\n\n\n<h2>5. Price vs. Cost<\/h2>\n\n\n\n<p>Money is a tough subject\u2026especially if you offer a luxury product or service. Make sure that the&nbsp;<em>price<\/em>&nbsp;you charge is worth the&nbsp;<em>cost<\/em>&nbsp;to your ideal customer\u2026easy as that.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><em><strong>What are your best Marketing 101 tips and tricks?<\/strong><\/em><\/p>\n\n\n\n<div class=\"wp-block-group wp-block-post-footer\"><div class=\"wp-block-group__inner-container\">\n<div class=\"wp-block-columns\">\n<div class=\"wp-block-column\"><div class=\"wp-block-author-meta\">\n  <div class=\"wp-block-author-meta__image-wrap\">\n    <img src=\"https:\/\/secure.gravatar.com\/avatar\/068eb63be25dcd4439f8625fb15c51d7?s=96&#038;d=mm&#038;r=g\" class=\"wp-block-author-meta__image\">\n  <\/div>\n  <span class=\"wp-block-author-meta__byline\">By Nicki Ong<\/span>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column\"><div class=\"wp-block-social-share alignright\">\n  <span>Share:<\/span>\n  <a href=\"javascript:void(0)\" class=\"wp-block-social-share__link 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The presenters, Mary Habres from&nbsp;Encore Perception Marketing&nbsp;and Elizabeth Pampalone from&nbsp;Jax Computer Chic,&nbsp;spoke to hopeful or brand new entrepreneurs about marketing strategy. While the ladies shared a lot&#8230;<\/p>\n","protected":false},"author":2,"featured_media":315,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.9.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>5 Marketing 101 Reminders for Entrepreneurs - simple sprout studio<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nickiong.com\/simplesprout\/2015\/10\/18\/5-marketing-101-reminders-for-entrepreneurs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"5 Marketing 101 Reminders for Entrepreneurs - simple sprout studio\" \/>\n<meta property=\"og:description\" content=\"Last night I attended the&nbsp;Jacksonville SCORE Chapter\u2019s&nbsp;Achieve Your Business Dream&nbsp;workshop series on Marketing. 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