4 Types of Market Segmentation With Examples


four types of market segmentation

 

Using different types of market segmentation allows you to target customers based on unique characteristics, create more effective marketing campaigns, and find opportunities in your market.

See how you can leverage market segmentation by learning:

What Is Market Segmentation?

Market segmentation is the process of dividing a target market into smaller, more defined categories. It segments customers and audiences into groups that share similar characteristics such as demographics, interests, needs, or location.

Eight Benefits of Market Segmentation

The importance of market segmentation is that it makes it easier to focus on marketing efforts and resources on reaching the most valuable audiences and achieving business goals.

Market segmentation allows you to get to know your customers, identify what is needed in your market segment, and determine how you can best meet those needs with your product or service. This helps you design and execute better marketing strategies from top to bottom.

Market segmentation helps you get to know your customers, identify what’s needed in your market segment, and determine how you can best meet those needs with your product or service.

1. Create stronger marketing messages

When you know whom you’re talking to, you can develop stronger marketing messages. You can avoid generic, vague language that speaks to a broad audience. Instead, you can use direct messaging that speaks to the needs, wants, and unique characteristics of your target audience.

2. Identify the most effective marketing tactics

With dozens of marketing tactics available, it can be difficult to know what will attract your ideal audience. Using different types of market segmentation guides you toward the marketing strategies that will work best. When you know the audience you are targeting, you can determine the best solutions and methods for reaching them.

3. Design hyper-targeted ads

On digital ad services, you can target audiences by their age, location, purchasing habits, interests, and more. When you use market segmentation to define your audience, you know these detailed characteristics and can use them to create more effective, targeted digital ad campaigns.

4. Attract (and convert) quality leads

When your marketing messages are clear, direct, and targeted they attract the right people. You draw in ideal prospects and are more likely to convert potential customers into buyers.

When your marketing messages are clear, direct, and targeted they attract the right people.CLICK TO TWEET

5. Differentiate your brand from competitors

Being more specific about your value propositions and messaging also allows you to stand out from competitors. Instead of blending in with other brands, you can differentiate your brand by focusing on specific customer needs and characteristics.

6. Build deeper customer affinity

When you know what your customers want and need, you can deliver and communicate offerings that uniquely serve and resonate with them. This distinct value and messaging leads to stronger bonds between brands and customers and creates lasting brand affinity.

7. Identify niche market opportunities

Niche marketing is the process of identifying segments of industries and verticals that have a large audience that can be served in new ways. When you segment your target market, you can find underserved niche markets that you can develop new products and services for.

8. Stay focused

Targeting in marketing keeps your messaging and marketing objectives on track. It helps you identify new marketing opportunities and avoid distractions that will lead you away from your target market.

The Four Types of Market Segmentation

The four bases of market segmentation are:

  • Demographic segmentation
  • Psychographic segmentation
  • Behavioral segmentation
  • Geographic segmentation

Within each of these types of market segmentation, multiple sub-categories further classify audiences and customers.

four types of market segmentation

Demographic Segmentation

Demographic segmentation is one of the most popular and commonly used types of market segmentation. It refers to statistical data about a group of people.

demographic market segmentation examples

Demographic Market Segmentation Examples 

  • Age
  • Gender
  • Income
  • Location
  • Family Situation
  • Annual Income
  • Education
  • Ethnicity

Where the above examples are helpful for segmenting B2C audiences, a business might use the following to classify a B2B audience:

  • Company size
  • Industry
  • Job function

Because demographic information is statistical and factual, it is usually relatively easy to uncover using various sites for market research.

A simple example of B2C demographic segmentation could be a vehicle manufacturer that sells a luxury car brand (ex. Maserati). This company would likely target an audience that has a higher income.

Another B2B example might be a brand that sells an enterprise marketing platform. This brand would likely target marketing managers at larger companies (ex. 500+ employees) who have the ability to make purchase decisions for their teams.

Psychographic Segmentation

Psychographic segmentation categorizes audiences and customers by factors that relate to their personalities and characteristics.

psychographic market segmentation examples

Psychographic Market Segmentation Examples 

  • Personality traits
  • Values
  • Attitudes
  • Interests
  • Lifestyles
  • Psychological influences
  • Subconscious and conscious beliefs
  • Motivations
  • Priorities

Psychographic segmentation factors are slightly more difficult to identify than demographics because they are subjective. They are not data-focused and require research to uncover and understand.

For example, the luxury car brand may choose to focus on customers who value quality and status. While the B2B enterprise marketing platform may target marketing managers who are motivated to increase productivity and show value to their executive team.

Behavioral Segmentation

While demographics and psychographic segmentation focuses on who a customer is, behavioral segmentation focuses on how the customer acts.

behavioral market segmentation examples

Behavioral Market Segmentation Examples 

  • Purchasing habits
  • Spending habits
  • User status
  • Brand interactions

Behavioral segmentation requires you to know about your customer’s actions. These activities may relate to how a customer interacts with your brand or to other activities that happen away from your brand.

A B2C example in this segment may be the luxury car brand choosing to target customers who have purchased a high-end vehicle in the past three years. The B2B marketing platform may focus on leads who have signed up for one of their free webinars.

Geographic Segmentation

Geographic segmentation is the simplest type of market segmentation. It categorizes customers based on geographic borders.

geographic market segmentation examples

Geographic Market Segmentation Examples   

  • ZIP code
  • City
  • Country
  • Radius around a certain location
  • Climate
  • Urban or rural

Geographic segmentation can refer to a defined geographic boundary (such as a city or ZIP code) or type of area (such as the size of city or type of climate).

An example of geographic segmentation may be the luxury car company choosing to target customers who live in warm climates where vehicles don’t need to be equipped for snowy weather. The marketing platform might focus their marketing efforts around urban, city centers where their target customer is likely to work.

How to Create a Market Segmentation Strategy

Now, you know what market segmentation is, why it’s important, and the four types of market segmentation. It’s time to put this information into practice.

Use the following market segmentation process to learn about your audience and find new marketing and product opportunities.

1. Analyze your existing customers

If you have existing customers, start your market segmentation process by performing an audience analysis. An audience analysis allows you to learn about your customers and begin to identify trends that exist within your current customer base.  Use these market research questions to guide your research.

Interview your customers.

Go right to the source and conduct interviews with existing customers, past customers, ideal customers, and prospects and leads. Ask questions that help you fill in the details of all four types of market segmentation.

Interview your sales team.

If you have a sales team that spends a lot of time working with customers, use them as a resource. Interview them to find commonalities or trends they often see while working with your customers.

Refer to your business data.

Your business likely has loads of data that can help you get to know your customers. Use your customer relationship management tools and point-of-sale systems to find trends related to behavioral segmentation. Pull data that shows how much customers spend, how often they visit your store, and the type of products and services they buy.

Use your website analytics.

Your website also has data that can help you learn about your audience. Use Google Analytics to find details related to all four types of market segmentation. For example, you can learn about customer behavior by seeing what pages users visit, how long they stay on the site, and what referral sites led them to your site.

Research audience geography.

Get details for graphic segmentation and find out where your audience lives using Alexa’s Site Overview tool. Enter your site URL, and the report shows you where your website visitors are located across the world.

research audience geography using Alexa

Research audience interests.

Knowing your audience’s interests can help you identify psychographic segments within your customer base. Use Alexa’s Audience Interest tool to find topics and categories that your audience cares about. Enter your site URL to produce a report of categories that your audience is interested in.

research audience interests using Alexa

Learn more about your audience by seeing what other websites they use. Enter the URL of your website in Alexa’s Audience Overlap tool to create a cluster map with dozens of other sites that your audience regularly visits.

find sites your audience visits

See what your customers search for.

Knowing what your customers search for is a great way to get inside their minds and see what they want and need. To see what terms your audience searches for, use Alexa’s Audience Overlap tool and Competitor Keyword Matrix tool.

Start by using the Audience Overlap tool to create a list of sites that your audience visits. Then, toggle to the list view, select up to 10 sites, and run the sites through Alexa’s Competitor Keyword Matrix.

find audience keywords

The tool produces a report of the top keywords driving traffic to the listed sites. Use this data to identify the topics and themes that matter most to your target market.

find top keywords

2. Create a buyer persona for your ideal customer

Once you complete an audience analysis, you’ll have a good idea about who your current customers are. In the next step, take your data and use it to create a buyer persona that describes the exact type of customer you’d like to attract.

A buyer persona is a semi-fictional description of your ideal customer. It allows you to clearly visualize the person that your brand is trying to attract. Knowing whom you want to work with will make it easier to find the right market segment opportunities.

If you need help with creating a persona, use this free downloadable buyer persona templateto walk you through the process.

buyer personas market segmentation process

Related Reading: Here Are 10 Buyer Persona Examples to Help You Create Your Own

3. Identify market segment opportunities.

Once you have a buyer persona that describes your ideal customer, start looking for market segment opportunities.

A market segment opportunity is a trend that can drive new marketing tactics or offerings. To find them, first ask questions about your brand.

  • What problems does your brand solve?
  • What problems can you solve better than your competitors?
  • What do you know a lot about or excel at?
  • Who do you and your team like to serve?

Then, refer back to your audience analysis and buyer persona and ask questions that uncover opportunities.

  • What large segments stick out?
  • What customer characteristics or qualities are most common?
  • What segments are currently not being served?
  • What segments is your brand uniquely qualified to serve?

Identify a few potential market segment opportunities, and then research to confirm that they are viable.

4. Research your potential segment.

Before you launch a marketing campaign for a new segment of your market, verify that it is a good option. Research to see what competition exists and if audiences are interested in your new market.

Gauge search interest.

Perform keyword research to make sure audiences are searching for terms related to your new market segment. Enter search phrases into Alexa’s Keyword Difficulty tool to measure audience interest and competition. Look for phrases that are popular with low competition to find a sweet spot.

find popular keywords using Alexa

Research the competition.

If there is interest in your market, research to see what competition is already in the space. Use Alexa’s Keyword Share of Voice tool to find brands already in the market. Enter a search phrase to create a report with brands that own the top share-of-voice for the phrase.

research competitor keyword share of voice

Share of voice represents the amount of traffic that a website receives for a specific keyword. It helps you identify brands already in the market, so you can see if you can compete with them and how you can differentiate your brand from their existing offerings.

5. Test and iterate

Once you find a new market you want to explore, don’t go all in just yet. Create a few campaigns to test your idea.

Try new markets and track your results to see where you can find a sweet spot that resonates with audiences. Small market tweaks can lead to big results, so continue to go through this process, test, and iterate based on what you learn.

Market segmentation helps your brand get clear about your audience and goals.

Use Market Segmentation to Build Better Marketing Campaigns

Market segmentation helps your brand get clear about your audience and goals. You can get to know your audience, see how to better serve and reach them, and find new markets to grow into.

Launch a plan to use different types of market segmentation and contact us for an advance marketing plan . You’ll get all the advance marketing strategy and then you can start your process with the right data to drive your strategy.

Resource: https://blog.alexa.com/types-of-market-segmentation/

About Me: In today’s trend marketing is not easy it’s a very big task and we should take every single step very carefully.  I am Deepak Pandey(Digital Marketing Specialist) having 8+ Years of experience in Digital Marketing(SEO, SMM, SEM) for more contact me.

100+ Small Business Marketing Ideas


100 Marketing Ideas

One universal small business goal is to sell the business’s products and services. This is usually best accomplished by positioning the business in front of the target audience and offering something that solves a problem or that they can’t refuse or find elsewhere.

To this end, one of the smartest things a small business owner can do for his or her business is taking the time to develop a small business marketing plan that will set them apart from the competition. A marketing plan clearly outlines how you will reach your ideal customers by effectively implementing your marketing strategy.

There are thousands of ways you can promote your small business. With the right mix of activities, you can identify and focus on the most effective marketing tactics for your small business. Here is a list of 101 small business marketing ideas to get you thinking about all of the different ways you can promote your business.

Marketing Planning

1. Update or create a marketing plan for your business.
2. Revisit or start your market research.
3. Conduct a focus group.
4. Write a unique selling proposition (USP).
5. Refine your target audience and niche.
6. Expand your product and service offerings.

Marketing Materials

7. Update your business cards.
8. Make your business card stand out from the rest.
9. Create or update your brochure.
10. Create a digital version of your brochure for your website.
11. Explore a website redesign.
12. Get creative with promotional products and give them away at the next networking event you attend.

In-Person Networking

13. Write an elevator pitch.
14. Register for a conference.
15. Introduce yourself to other local business owners.
16. Plan a local business workshop.
17. Join your local chamber of commerce.
18. Rent a booth at a trade show.

Direct Mail

19. Launch a multipiece direct mail campaign.
20. Create multiple approaches, and split test your mailings to measure impact.
21. Include a clear and enticing call to action on every direct mail piece.
22. Use tear cards, inserts, props, and attention-getting envelopes to make an impact with your mailings.
23. Send past customers free samples and other incentives to regain their business.

Advertising

24. Advertise on the radio.
25. Advertise in the Yellow Pages.
26. Advertise on a billboard.
27. Use stickers or magnets to advertise on your car.
28. Take out an ad in your local newspaper.
29. Advertise on a local cable TV station.
30. Advertise on Facebook.
31. Advertise on LinkedIn.
32. Buy ad space on a relevant website.
33. Use a sidewalk sign to promote your specials.

Social Media Marketing

34. Get started with social media for business.
35. Create a Facebook page.
36. Get a vanity URL or username for your Facebook page.
37. Create a Twitter account.
38. Reply or retweet someone else on Twitter.
39. Set up a Foursquare account for your business.
40. List your business on Google Places.
41. Start a business blog.
42. Write blog posts on a regular basis.
43. Create an Instagram account.
44. Create a Groupon.

Internet Marketing

45. Start a Google Adwords pay-per-click campaign.
46. Start a Microsoft adCenter pay-per-click campaign.
47. Comment on a blog post.
48. Record a video blog post.
49. Upload a video to YouTube.
50. Check your online directory listings and get listed in desirable directories.
51. Set up Google Analytics on your website and blog.
52. Review and measure your Google Analytics statistics.
53. Register a new domain name for a marketing campaign or a new product or service.
54. Learn more about local search marketing.
55. Track your online reputation.
56. Sign up for the Help a Reporter Out (HARO) email list.

Email Marketing

57. Create an email opt-in on your website or blog.
58. Offer a free download or free gift to make people willing to add their email address to your list.
59. Send regular emails to your list.
60. Start a free monthly email newsletter.
61. Use A/B testing to measure the effectiveness of your email campaigns.
62. Perfect your email signature.
63. Add audio, video, and social sharing functionality to your emails.

Contests, Coupons, and Incentives

64. Start a contest.
65. Create a coupon.
66. Create a “frequent buyer” rewards program.
67. Start a client appreciation program.
68. Create a customer of the month program.
69. Give away a free sample.
70. Start an affiliate program.

Relationship Building

71. Send out a customer satisfaction survey.
72. Ask for referrals.
73. Make a referral.
74. Help promote or volunteer your time for a charity event.
75. Sponsor a local sports team.
76. Cross-promote your products and services with other local businesses.
77. Join a professional organization.
78. Plan your next holiday promotion.
79. Plan holiday gifts for your best customers.
80. Send birthday cards to your clients.
81. Approach a colleague about a collaboration.
82. Donate branded prizes for local fundraisers.
83. Become a mentor.

Content Marketing

84. Plan a free teleconference or webinar.
85. Record a podcast.
86. Write a press release.
87. Submit your press release to various distribution channels.
88. Rewrite your sales copy with a storytelling spin.
89. Start writing a book.

Marketing Help

90. Hire a marketing consultant.
91. Hire a public relations professional.
92. Hire a professional copywriter.
93. Hire a search engine marketing firm.
94. Hire an intern to help with daily marketing tasks.
95. Hire a sales coach or salesperson.

Unique Marketing Ideas

96. Get a branded tattoo.
97. Create a business mascot to help promote your brand.
98. Take a controversial stance on a hot industry topic.
99. Pay for wearable advertising.
100. Get a full-body branded paint job done on your company vehicle.
101. Sign up for online business training to revamp, expand and fine-tune all of your marketable skills.

Once you have a few brand new marketing ideas to try in your small business, get started on creating or fine-tuning your marketing plan.

Resource: https://www.thebalancesmb.com/small-business-marketing-ideas-2951688

About Me: I am Deepak Pandey, SEO expert from Delhi, India. If you are looking for Digital Marketing Services then contact us.

How to Sell Anything to Anybody


how-to-sell-anything-to-anybody-1

In Jill Konrath’s opinion, the salesperson is the primary differentiator in purchases today. As products and services become increasingly commoditized, buyers are aware they can get a similar offering from another company. But what they can’t get from just any vendor is the same sales experience, which is created by the sales rep.

This means salespeople have almost complete control of their own destinies. Instead of blaming poor numbers on a crummy product line, a bad month, or less-than-stellar leads, failing reps might consider analyzing their processes and brainstorming ways to make them more buyer-centric and buyer-friendly.

Regardless of what industry you’re in or what type of organizations you sell into, a few sales axioms hold. These rules can help you sell more to just about anybody.

1. Make it about them.

Do you have a friend or family member who monopolizes every conversation? They probably aren’t your favorite person to talk to. Add a bragging tone and they become especially intolerable.

Just like you don’t like listening to a self-absorbed acquaintance blabber, buyers don’t like listening to salespeople talk at length about their companies or offerings. What you perceive as informative and interesting, prospects perceive as obnoxious and irrelevant.

The cardinal rule of sales is to always make it about your buyer. Every email you write, voicemail you leave, demo you give, and meeting you attend should place the focus squarely on the buyer. Constantly ask yourself, “What’s the relevance to this particular prospect?” and customize each interaction accordingly.

How will you know what’s relevant? See below.

2. Do your research before reaching out.

If you expect buyers to give you their time and learn about your product, you need to spend time learning about them first. In the age of social media, there’s no excuse to call or email a buyer with no knowledge of what they do and what they care about.

Pre-call research doesn’t have to take a long time. Depending on your particular sales cycle, as little as five or 10 minutes per prospect might suffice.

Here are eight places to research prospects before you attempt to engage them in conversation:

  1. LinkedIn
  2. Twitter (prospect’s individual account and company’s account)
  3. Company’s press releases page
  4. Competitors’ press releases pages
  5. Blogs
  6. Company financial statements
  7. Facebook
  8. Google (prospect and company)

3. Build rapport first.

If a customer entered a retail store, you wouldn’t immediately say, “Hello, would you like to buy this blouse?” You’d likely start by asking, “How are you today?” and then, “What brings you in today?” You might sprinkle in comments like, “I love that top you’re wearing.” or qualifying questions like, “So, you’re looking for a cocktail dress. May I ask what the occasion is?

Similarly, when you’re conducting B2B outreach to a prospect you haven’t spoken with before, it’s important to lean heavily on the research element we touched on in step two.

If you notice your prospect lives in Phoenix, do a quick Google search of new restaurants in the area, and open by asking if they’ve been and what they’re favorite dish is. Are they from Colorado? Open by asking how the snow is this season and if they’re a skier.

The bottom line: Get to know your prospect before you launch into what you have to offer, why they should care, and why you’re better than your competitors.

After all, we’re just human beings. Talk to your prospect like a human before speaking to them like a salesperson.

4. Define your buyer.

This might seem like a paradox, but the secret of selling anything to anybody is not attempting to sell just anything to just anybody.

Whether you work in retail, auto sales, or B2B business you’ll have far more success if you’re familiar with the characteristics of your target buyers and thoroughly qualify each prospect against that matrix. This is called an ideal buyer profile, and it’s like having a secret weapon.

By finding the specific type of “anybody” who is just right for your product or service, you’ll avoid wasting time on poor-fit leads. Instead, you’ll have more time to devote to buyers with a good chance of becoming customers.

5. Contribute first, sell second.

If you’re defining your target buyer correctly, you’ll spend the majority of your day talking to business leaders who have problems your product or service can solve. But just because you know this doesn’t mean they do.

Don’t jump in with your pitch right off the bat. You run the risk of angering the prospect or scaring them away. Instead, offer your help in the way you think would be most valuable. Not sure where you can be of service? Ask.

Maybe you can send along a breakdown of the latest features of a buyer’s target car, or send them a piece of content that speaks their needs. Perhaps you can draw on your expertise to speak about industry-wide trends the buyer might not be privy to.

Position yourself as an advisor who wants to help, rather than a salesperson thirsty to sell. With this approach, you’ll find a more receptive audience when you finally get around to connecting their problem with your offering. In short: Always Be Helping.

As social selling expert Jill Rowley puts it, “Think ‘jab, jab, jab, right hook’ as ‘give, give, give, ask.'”

HubSpot's steps for how to sell anything

6. Ask questions, and listen.

No matter how thoroughly you’ve researched your prospect, there will be gaps in your knowledge, and you won’t be able to help the buyer solve their issue if you don’t fully understand it. For this reason, it’s critical to ask thoughtful questions during your conversations — and a lot of them.

Here are some examples sales trainers Rick Roberge and Sean McPheat advocate:

  • How did this happen?
  • What are the most important features for you?
  • Has it always been this way?
  • How should this product make you feel?
  • Zero to death, where is solving this problem?
  • How is the issue impacting your organization/customers staff?
  • What are you currently doing to address the problem?
  • In a perfect world, what would you like to see happen with this?
  • Can you give me an example?

Be curious. It’s good to have a list of questions prepared as a jumping off point, but you don’t have to stick to them if the conversation takes an unexpected turn. People like talking about themselves and their situations, so your genuine interest and curiosity will help them warm up to you.

After posing a question, fall silent and simply listen. Really hear what the buyer is saying, and don’t just wait for your turn to speak. Then after they’ve finished their thought, communicate their message back to them, ask them to verify if you understood them correctly, and pose a question providing further clarification.

Congratulations — you just became an active listener!

Not only does careful listening help you get a grip on the problem, but it also makes the prospect feel good. And if you truly tune in, they’ll be more likely to return the favor when you have something to say.

7. Be mindful of psychological quirks.

Our brains are wired to respond to certain situations in specific ways. Being aware of these psychological tricks can help you harness them to your benefit.

Here are just a few of the quirks relevant to salespeople:

  • Anchoring effect: The information we receive first acts as an anchor against which we evaluate all further data.
  • Decoy effect: A third option can sometimes help people choose between two possibilities.
  • Rhyme-as-reason effect: Rhyming statements seem truer than non-rhyming ones.
  • Loss aversion: We react more strongly to the possibility of losing something we currently have than the possibility of gaining something we don’t.
  • Peak-end rule: People remember the end and a high point within a presentation more vividly than any other section.
  • Curse of knowledge: When someone who knows a lot about a given subject is unable to relate to someone who is not as familiar.
  • Confirmation bias: We are more likely to accept information that aligns with our beliefs than contradictory evidence — no matter how compelling.

8. Approach them on their level.

It’s great when a salesperson brings their unique personality to their selling process. But bear in mind you should also pay attention to your prospect’s personality and tailor your approach accordingly. Our personal attributes have an impact on how we like to be sold to and what information we prioritize.

Here’s a brief breakdown of the four main personality types, and their preferences:

  1. Assertive: Interested in results and the bottom line.
  2. Amiable: Interested in creative ideas and big-picture visions.
  3. Expressive: Interested in people and how ideas affect others.
  4. Analytics: Interested in facts, figures, and data.

Once you know which category your prospect fits into, play to their preferences and customize your messaging and presentation to nail what’s most important to them.

9. Hit an emotional high point.

There’s no such thing as a purely rational decision. Like it or not, our emotions color how we process information and make decisions. With this in mind, salespeople who appeal solely to their buyers’ logic are doing themselves a disservice.

Every sales message, presentation, and meeting should speak to the prospect’s emotions as well as their rational mind. According to sales expert Geoffrey James, the following six emotions impact decision making:

  1. Greed
  2. Fear
  3. Altruism
  4. Envy
  5. Pride
  6. Shame

Some of these are unpleasant feelings you don’t want buyers associating with you or your company. So, make sure to use a light touch when making emotional appeals. In addition, don’t try to bring forth all of these feelings — choose one or two that will resonate and subtly mix them in. (Read: Try not to put your buyer in a glass case of emotion.)

10. Remember, you’re selling to a person.

When you’re sending countless outreach emails each and every day, it’s easy to forget that leads are people. But they are, and they want to be treated as such.

Use yourself as a litmus test — would you like getting this email? Would you appreciate this voicemail? If not, there’s a good chance your buyer won’t either.

It’s important to be professional in sales, but it’s also important to be personable. Buyers have lives outside of work, and things they’re passionate about that have nothing to do with their jobs. Build real rapport with your prospects by letting the conversation drift to the personal every once in a while. It doesn’t have to be — and shouldn’t be — all business all the time.

Here are some tips to keep in mind when you’re selling online.

1. Keep it personal.

Don’t forget: even though you’re selling online, you’re selling to a person. Make sure your website, landing pages, forms, emails, and call-to-action buttons are tailored to the audience you’re trying to reach. Maintaining a human aspect to your communications increases the likelihood of prospects engaging with you and your product.

2. Provide lots of detail.

When you’re selling online, it’s essential to provide in-depth information about the product you’re selling. What are the dimensions of the product? Does it come in different colors and sizes? Include specific details so prospects know exactly what they’re buying from you.

3. Communicate the product’s value.

What value does your product provide to the consumer? And what differentiates it from competitors? Make sure the product you’re offering and its price point are just right for the market your selling to. When prospects understand the value of your product, they’ll know they’re receiving a positive return for their hard-earned money.

4. Create a sense of urgency.

Once you’ve communicated the value of your product, how do you encourage the prospect to buy? Without a sales call or conversation with the prospect, it can be challenging to communicate why they should buy now. To combat this, try offering a limited time offer or discount. For example:

  • “Limited edition [product name] available while supplies last.”
  • “30% discount, this weekend only.”
  • “Last day! Buy [product name] and receive a free gift.”

5. Build an email list.

How will you communicate future offers and new product releases to prospective or current customers? This is where an email list can come in handy. Include an email subscription button or form on your website for people to sign up. As people convert on your offers and share your emails with friends, family, and colleagues, your email list will grow. And the number of sales will likely follow suit.

By applying the steps above, you’ll be able to sell anything to anyone. And to learn more, read about these essential selling skills every sales rep needs next.

Resource: https://blog.hubspot.com/sales/how-to-sell-anything-to-anybody

About Me: I am Deepak Pandey from Delhi, India. If you are looking for Digital Marketing Services or want to double your website traffic then just contact me. I will be happy to help you.