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Want to know how to act in today's market? How to understand the behavioral shifts of society in business? Read Seth's book.
By John Chancellor "Mentor coach
The very important message of this book is there is a growing number of affluent, mass-affluent and super affluent consumers that are not confined by or do not let price be the major determining factor in their purchases.
Almost anyone selling products or services to the general public will benefit from the valuable lessons contained in this book.
The book is divided into three parts. Part one describes the affluent. Part two discusses what they spend money on and part three talks about how to get them to do business with you.
This is a typical Dan Kennedy no B. S. book. It is straightforward, full of great information and well written, a bit humorous at times. Dan also, as any great marketer would, provides some information about his own products. There is no point in letting this upset you. Learn from what he does.
The central theme of the book is that it is foolish to spend your time, money and energy struggling to get money from people who have very little of it. It is much more productive to concentrate on those where price is not necessarily a major issue.
Another lesson is the more affluent the customer, the more he is looking for expertise, relationship and most of all understand. He wants, actually demands respect. The quickest way to lose an affluent customer is to show disrespect for him and his position. They want and are willing to pay for respect and special privileges.
You need to make owning your product or using your service be of significance to the user. He wants to feel that he is gaining something exclusive.
Most business owner link price to product and feel they must try to justify the price based on the intrinsic value of the product. If you are going to sell for higher margins, you must cut the link between product and price. You do this by always discussing price in context - delivering what the customer values.
The book is a study in marketing. The biggest lessons in the book are that you must get out of your own mind and understand what the customer values. You are not your customer. Focus on the experience of the customer.
And if you are going to be successful in marketing, you must have a marketing system. Random acts of marketing are of little value.
A real education in marketing. There is also a valuable CD included with the book.
By William McPeck "Coach/Consultant" (Maine)
As more and more of us leave our W2 jobs for the life of an entrepreneur, this book becomes a must read. This book is written in clear, straight forward, easy to read language which contributes to its "can't put it down appeal."
Using his experience in business combined with his marketing mastery, Dan Kennedy lays out philosophies and practices every entrepreneur should master. Kennedy first wrote this book in 1993, with an update completed in 2004. Today's changing economic conditions caused Kennedy to once again update the book for this 2010 edition.
What is interesting to note is that Kennedy has not needed to change any of the principles he believes make business success possible, principles he first laid out in the first 1993 edition. What he has changed in this edition is the tactics, strategies and applications he recommends entrepreneurs use today. These have all been updated to reflect operating conditions in what Kennedy calls today's new economy.
So, in this one book at a very reasonable price, you get:
* Dan Kennedy's business success principles
* Dan Kennedy's view of the new economy
* Dan Kennedy's suggestions for how to operate in today's new economy
* A look into Dan Kennedy's marketing mind and strategies
* A good read
It is worth buying this book. You can't go wrong and that is no BS.
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