Make sure you target women. It's true for almost anything you are selling. According to Women Mean Business: The Secret to Selling to Women, eighty percent of all checks written in the US are written by women and they purchase 80-% of all consumer goods in the U.S. That's not a market segment you can afford to ignore. Even for items traditionally thought of as male dominated, such as consumer electronics, women have significant influence.
The Consumer Electronics Association (CEA) found women actually spent more on technology in 2003 than men, accounting for $55B of the $96B spent on electronics gear. Auto industry research shows that 65% of new vehicle purchases are substantially influenced or directly made by women. A 2005 study by Lucid Marketing found that your business will suffer if your business web site doesn't measure up with women consumers.
How can this help you? Make sure you actively pursue women as customers, even if you don't sell goods or services that you think appeal to women. Make sure your site or facility appeals to women as well as men. Women tend to feel uncomfortable around unhelpful or pushy salespeople. This occurs often in segments such as automotive or consumer electronics, where sales people tend to try to dominate or "sell down" to women. This could give you an advantage if you sell on the web, where this would not be a concern.
According to the Lucid study, women value the following attributes in an e-commerce website.
? Easy navigation
? Maximum product selection
? Product reviews / recommendations
? In-depth product information
? Competitive pricing
Make sure your site provides these things.
According to retail statistics, women tend to make purchase decisions based more on lifestyle and aesthetics. Keep this in mind when formulating your product mix and promotional strategy. Women and men both desire flat panel TVs for example, but for different reasons. Men tend to either want to impress their friends or have them because they are 'cool'. Women want a flat panel more because they intrude minimally on a room's design, space and aesthetics.
Women also tend to be influenced by safety and security more than male customers. Make use of this on your site and in your store.
For all of you that sell in traditionally male dominated segments, explode your sales by making sure you don't neglect women. This strategy will open new horizons to your business and allow you to generate more referrals from satisfied women customers.
Steve Faber has been successfully marketing both on and off line for years. He has been a principal for a bricks n mortar business that grossed almost $2 million a year. He has been involved with several successful websites for both bricks n mortar and online businesses. You can get his free newsletter with great information to really grow your business at: http://site.liveanotherday.com/newsletter.html
1. When you make your first sale, follow-up with the... Read More
Freebees--Freebees--FreebeesWHY PAY, WHEN "YOU CAN HAVE IT FOR FREE?"There are... Read More
A lot of people are very intrigued by the idea... Read More
Your job as an event planner doesn't stop with the... Read More
An attractive woman has a decided advantage as sales representative... Read More
* Are you sending e-mails to prospects instead of calling... Read More
We use only 5% of God's given potential, 95% of... Read More
If you plan to do sell your product or service... Read More
Special Requirements for Reprint: we ask only that you include... Read More
In the course of my career, I've had to deal... Read More
You've met a new prospect, accurately assessed their needs and... Read More
1. Make telephone callsFew things are more terrifying than the... Read More
What can strike terror into the heart of even the... Read More
The fastest way to get a decision made is to... Read More
HANDLING OBJECTIONSSales presentation is not always going to be plain... Read More
ReferralsA substantial part of your business can come from referrals.... Read More
TELEPHONE TECHNIQUESSelling face to face is different from selling on... Read More
Several years ago I worked with a CPA who wanted... Read More
Sales information resource Just Sell, calls caring "sales love". Here's... Read More
Hello Everyone: Here's a unique look at learning how tosell:... Read More
What do people buy? They don't buy your wonderful presentation.... Read More
It is a basic tenet of behavioral psychology that people... Read More
No matter what you sell--products, services, or causes--one of the... Read More
The difference between antique or vintage store fixtures and used... Read More
How do you respond when an absolute stranger calls, at... Read More
The headline that appears over the salutation in a fundraising... Read More
Everybody is familiar with the old retail chant, "Location, location,... Read More
"I am Sam. Sam I am. Do you like green... Read More
There are seven major reasons why adults continue their pursuit... Read More
When it comes to effective selling, one simple fact never... Read More
Would you like an easy way to track the performance... Read More
Do you have 5, 10, or 20 years of sales... Read More
Your choice of materials for store fixtures includes wood, metal,... Read More
You can have your cake and eat it.What is it... Read More
Whether you're a conventional sales person, a professional ? such... Read More
Robert Louis Stevenson said 'Everything in Life is Selling' and... Read More
This evaluation is not for the "weak-kneed". Real questions to... Read More
Have you ever sat through a movie and got to... Read More
You've met a new prospect, accurately assessed their needs and... Read More
When you are in sales and you come across a... Read More
1. Make telephone callsFew things are more terrifying than the... Read More
Selling Against Goliath?How to Take on the Big Guys and... Read More
Article I of a two-part series.No matter what customers say... Read More
There are many tactics and techniques that go into converting... Read More
Always give a reason for the sale for credibility. 1.... Read More
How many sales opportunities have you lost to competitors who... Read More
Britney Spears has recently caused controversy with suggestions that the... Read More
When I first started out as a loan officer, one... Read More
"Hello, is (pause) puh-TREE-shuh home?"So started my weekend lesson in... Read More
It is a basic tenet of behavioral psychology that people... Read More
This issue's topic was suggested by a sales rep for... Read More
In my professional experience as a sales and marketing coach/consultant,... Read More
TELEPHONE TECHNIQUESSelling face to face is different from selling on... Read More
We use this method to find new cleaningcustomers, and it... Read More
Psychological Tricks in Selling By Stephen Bucaro In this article,... Read More
A challenge facing many businesses is how to maintain a... Read More
Prospecting is the engine that propels anyone in sales. Without... Read More
How do you respond when an absolute stranger calls, at... Read More
The best of all worlds is to have a product... Read More
They say if you wait long enough, a style you... Read More
Benefits are what motivate people to purchase from you, right?... Read More
If you asked me to point to the heart and... Read More
Myth 1: Sales People are all Shady!In the Broadway play... Read More
You are the productWe're all in the selling business whether... Read More
Its official. The news just came out. Yes, we are... Read More
No matter how big or small your business is and... Read More
Sales |