Recent Marketing and Advertising Articles
for Your Small Business
Chapter Eight: Marketing to women bigger buyers than all of
Japan
Ok I am the first to admit I can get very confused on how
women think, make decisions and end up purchasing one offer over another.
But, I realize how important it is that I learn (especially
considering I live with 3 of them! My wife Kari, and my twin daughters Katrina
and Hailey). It is become of utmost importance to me to figure out how they
think, or resign myself permanently to living and working out of the garage.
And you should too man or woman you should start
researching the how-to aspect of marketing to women.
Why?
According to the book I am reading right now entitled
"Marketing to Women How to understand, reach and increase your share of the
worlds largest market segment" by Martha Barletta.
Women make 85% of all buying decisions Women account for 70
percent of all new business startups
Specifics...
Homes furnishings purchases 94% decided by women
Vacations 92%
Houses 91%
Electronics 51%
Cars purchase 60% and influence 90%
Banking decisions 84%
Health car 80%
I think you see the point here by far this is the worlds
largest untapped market. And if you take the initiate to learn about this market
you will be happily growing your business while others stand by and look
confused on how you are doing it.
*** The American Womens market by themselves has more
purchasing power than the entire Japanese market! ***
Do I have your attention yet?
Think about it. Most advertising, web sites, sales copy, sales
trainers etc are focused on techniques that sell to men.
Very few... name some... train others on effective marketing
and sales techniques to the womens market.
This is new to me too!
Living with 3 women, you would think I understand this market
nope, I don't... but I want to learn.
Women have an entirely different way of making their purchasing
decisions... how they read sales copy and advertising... and how they perceive
companies and their positioning.
It is imperative that you learn this. Me as well.
I am not going to get into the details here... for that... go
buy a book written by an expert in this field.... but here is a few examples
Women like to see lots of information (long copy sells... but
most do it wrong to the womens market), want to build rapport first, make
internal connections and hear stories that they can relate to
Men are interested in the key points (bullets... not nearly
as effective with women), like headlines, status is very important and
appreciate facts and features (most high tech gadget freaks I know are men
:o)
Women seek the perfect answer; men just want a quick answer.
Think about shopping habits of both. Men go to a mall with a specific purpose in
mind (an answer), walk quickly through the mall straight to where they are
going, buy... then leave.
Women on the other hand can spend hours at the mall seeking
that perfect answer.
And women will do anything to get exactly what they are looking
for.
You want raving fans? Learn how to market to women properly...
they will treat you like gold in return. If you offer what they are looking for
(the perfect answer), they are absolutely your perfect client they will send
endless referrals your way if you treat them right.
So, do yourself, your relationships and your business a favor
pick up a copy of this book... start to understand where 98% of the businesses
you see out there are doing it wrong... and reap the benefits for years to
come.
Gotta run some serious reading and studying to do
here!
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