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Kim T. Gordon: Marketing

Creating Your Marketing Strategy

You missed the advertising deadline for your chosen medium. Now what do you do? Here's how can develop a plan to attract clients.

Q: I just started my own home inspection service. Unfortunately, I missed the advertising deadline in my local phone book. My target audience is home buyers who want to find out what shape their house-to-be is really in. What marketing strategy can I use? What can I do to attract customers?

A: The best way to build your home inspection service is with a two-pronged approach: advertising in "search corridor" media-the ones your prospects read when they've made a decision to buy a home-and targeting top referral sources.

Referrals are a terrific way to drum up new business quickly. The key is to set up an ongoing marketing program to build referrals from related business professionals, such as real estate sales associates and mortgage brokers, who come into direct contact with your prospective customers and often make recommendations concerning home inspection companies.

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Follow these four steps to build your own program:

1. Initiate contact. Identify the best referral prospects in your market area and contact them by phone to arrange meetings with specific individuals and to make presentations to groups.

2. Stay "top of mind." Set up a computer database using contact management software to track your referral marketing program over time. Contact the prospects in your database in person or by telephone, fax or mail at least every four to six weeks. Advertising specialties that feature your company name and logo-from mugs to calendars-are another good way to remind sales associates and brokers of your business.

3. Provide specialized marketing tools. Produce a handout that's printed with your company logo and contact information your referral sources can use with homebuyers, such as a "10-Point Home Buyers Checklist." Make sure the content is helpful yet clearly specifies at what point prospective home buyers should bring in an expert-you.

4. Build trust. Follow-up is essential to building a foundation of trust that will lead to ongoing referral business. Keep all your referral sources in the loop with direct feedback. Create a basic thank-you letter you can personalize and send to follow up with every referral you receive.

Kim T. Gordon is a multifaceted speaker, marketing expert and media spokesperson-and one of the country's foremost experts on entrepreneurial success. Her newest book, Bringing Home The Business(Perigee), identifies the 30 "truths" that can make the difference between success and failure in a homebased business. From formulas for positioning a business and creating an image to Internet marketing strategies and tips for work-at-home parents, by reading just one truth per day, in one month, readers will master a complete course on homebased business success. To read an excerpt, get information on media appearances and seminars, receive free how-to articles and advice, or contact Kim, visit http://www.smallbusinessnow.com.


The opinions expressed in this column are those of the author, not of Entrepreneur.com. All answers are intended to be general in nature, without regard to specific geographical areas or circumstances, and should only be relied upon after consulting an appropriate expert, such as an attorney or accountant.

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