Stand Out from your Competitors

Allsquare Accountants Edinburgh are here to develop and grow your business in order to Make Sure Your Business can Stand Out From Your Competitors.

There are plenty of businesses in the marketplace. Some of these will be your competitors, so it’s important that you can differentiate yourself in some way. Attracting and retaining customers is the best way of growing your business. In order to achieve this, you need to stand out from the crowd, so you can market yourself successfully to potential customers.

Precision Is the Key to Marketing
Marketing is a major element in promoting your business. Without an effective marketing campaign, customers won’t know you’re out there so they won’t pick up the phone or email you. Often small and new businesses make the mistake of targeting their marketing strategy at a wide section of the population. They presume that this will get them the best results, as the more people that see their message, the more successful they will be.

However, narrowing the field down to key potential customers is a more effective exercise. A business needs to know exactly who their audience is and define the size of the potential market. If you don’t know who you are aiming your products at or the number of people who might buy them, you won’t be able to make the finances work.

Once you have a clear understanding of the people you are targeting, you can concentrate your marketing efforts on this smaller group. If you tell them exactly what they want to hear, rather than providing vague and general messages, they are more likely to use your company.

Become Experts
No one wants to hire a general company to do a specific task. They want the services of a specialist business that knows exactly what they have to do and understands the market the customer operates in. All your competitors will also have a degree of experience, so it’s important to shout about yours so that everyone hears it.

You need to showcase your talents and appeal to the needs of your potential customers. This could be through offering special promotions, free trials or an initial consultation so that they can see exactly what you have to offer. Once they have used your services, they will be more inclined to become repeat customers, as long as they receive a high standard of service the first time.

Develop Relationships
A customer is more likely to use a business if they trust it. They need to remember you and feel the need to call you when they require your services. This is why it is important to start building long-term relationships with potential customers, even if they’ve never actually used you before. The hard work you put in now will pay off in the end. Once you have made the initial contact, you need to keep in touch with them whether they continue to use you or not. Show them elements of your expertise and engage with them on the right level and they will eventually become a valued customer.

If you’d like the best advice and guidance to help your business stand out from your competitors, call Allsquare on 0131 343 1510.