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The Butterfly Theory… Or making the
Market Work for You
by
Angelica Wagner
Imagine it’s a beautiful spring day,
and you decide to go for a walk or a run in the meadow of your
dreams. As you finally sit on a log to look at the stream, you
notice that there is a beautiful butterfly just landed on a clump
of flowers at your feet. As you watch this gorgeous creature and
examine its beautiful details, it leaves the nectar of the flowers
and lands on your shoulder, and you sit in awe at its beauty. In
your astonishment and amusement at what has happened, you suddenly
turn, hoping to catch this beautiful creature and keep it in a
jar, keep it any way you can, but keep it you must.
In your haste, you turn suddenly and
the creature sensing your immediacy leaves. You follow it, pursue
it, chasing for hours through the meadow. Every time you get
close, the butterfly turns and flies off in a new direction, and
you frantically have to chase again, until in all your haste you
fall over a log where you met the butterfly in the first place.
As you lie there upside down, the
butterfly lights on a branch in front of you.
This is the parable of the elusive
market. Market conditions change just as quickly as the
butterfly’s path. Therefore, just as it is wise to have multiple
streams of income as a safety precaution for your bank account, it
is also wise to many avenues to market your product or service in.
As political arenas change, as markets change, as there are
natural disasters of floods and earthquakes when we least expect
them, all these things produce a change to the bottom line of
profit. Expect change, learn to create exchange.
It has been my experience that we
are too shallow in our approach to the number of markets that we
may tap to sell our product or service. Sometimes we look at a
small geographic neighborhood, when we should be contemplating the
world. Sometimes we rush around all over the world, when we could
just quietly sit in front of our computers and crank out email
blasts around the world, or pick up the phone to talk to our
clients.
The bigger the client, the more
attention or frequency of contact, that
he needs.
We can also change the permutations
of the marketplace when we add other languages to the equation,
and other cultures in the time immediacy of NOW! The equation of
time immediacy is the lesson in this fable. The power of NOW
changes your bottom line from one of despair to one of bliss, no
matter where the butterfly of marketing lands.
Let’s look at a small sampling of
the combinations of the market that we are addressing. When we add
several of these markets, and /or multiply them together we
exponentially increase our market share, as well as our brand name
experience. The number of transactions that the customer is
involved in, the number of customers that are reached, and the
dollar volume that the customer purchases become exponentially
multiplied.
This is not rocket science; this is
the simple, elegant language of Math. The equation being this:
a x b x c= infinity.
So here are the possible
permutations that we may find in the possible
markets. When we multiply these markets together we create
infinity.
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Print advertising
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Direct mail
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Flyer promotion
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Telemarketing
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Joint venture partnerships
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Media marketing; television,
radio, film, infomercials
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The Internet
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Product on CD Rom, audio file,
video
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Networking through multiple client
lists
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Distribution channels of mass
marketing such as QVC, or HSN
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Media
As we take these markets and
multiply them together we reduce the risk of having stale product
or a drop in the cash flow of our business. Planned diversity is
the secret to great marketing success as any stock trader or
market trader will tell you.
So as you take the approach to your
business that you are either a great scientist or inventor looking
for a cure to an incurable disease, could even be a failing bank
account……and you look at the possible permutations of the places
to market your product or service. You begin to multiply a few of
the markets that would help your product or service together.
Voila……….. Just like baking a great
cake; you now have the ingredients for a great brand or business
model. In discovering which market niche works best for you be
sure to experiment with several every month until you see the
results that you seek. The experimentation is the key. Just like
adding the baking powder to the dry ingredients, your cake will
surely rise, and so will your self esteem.
You may find success in a market
that you were just not expecting. Markets surprise you. Remember
that 85% of the population is visual, and the other 15% is
auditory. In finding the winning combination to sell your product,
be sure to attract both visual and auditory markets, in this way
you will reach 100% of the audience that you are targeting.
Watch for the response of the buyer,
if the buyer is visual, he speaks quickly and makes decisions
quickly. If the buyer is an auditory, he will make decisions
slowly and speak slowly. Disturbing the natural style of the buyer
is not in your best interest. Work with it, and adapt your style
to match theirs and you will always be successful.
Mix and match these markets,
remember to be in harmony with the current events, as well as with
the seasons for maximum coverage of your markets. Remember the
time frame of NOW. Why do you need different market styles? Well,
what happens if the markets change, will your bottom line change?
Your goal is to have constant multiple streams of income so that
you have consistent flows of money from different sources of
marketing. Same product, same service, just sell it to another
stream of hungry fish.
Taking care of clients is the number
one priority in any market. Even though there are lots of hungry
fish in the sea, it takes five times as much time to convert a new
client than it does to keep an existing client, so remember that
marketing is relationship! Do what it takes to keep your
relationships happy, and your banker will be happy as well.
Vertical markets are found in most
geographic markets. All tall buildings are considered vertical
markets. What’s in them, you say, well corporations. No matter
what the product, I have had my biggest successes selling to the
vertical markets of corporations. Show the CEO how your product or
service can make his life easier, solve a problem, create quick
cash flow, make employees productive, save time, and you have a
friend for life. It is also a lot easier to visit many markets in
one building, (corporation) than to walk or send flyers to a large
geographic area. Remember that corporations that are international
also have as many employees as small villages or towns. The short
cut to getting happy fast is creating a friend in the CEO.
The more people that you help, the
more you get what you want; a market niche, a brand name, then get
riche in your niche. Where attention goes, money flows. When the
focus becomes how many people can I help today,
the “ how to “ takes care of itself.
The butterfly of happiness will land
on your shoulder to stay. Your field of dreams, your business,
instantly becomes your meadow of happiness in the time frame of
NOW.
Angelica
Wagner is widely known as a dynamic and inspirational
author, speaker, trainer and filmmaker. As the CEO of Miracleworks,
Angie challenges both corporations and individuals to search
within themselves to create the miracles that are possible in
walking the paths of excellence. As an author, her voice is
cutting edge in the field of business and health. She
encourages the reader to "wakeup " to their spiritual purpose,
mission and vision, and thereby come into financial abundance. The
mother of four grown children with a background in real estate,
Angie shares her personal revelations as stories and fables for
the fulfillment of her audiences. She has dedicated her life to
the purpose of creating miracles in the lives of her listeners.
Her years of study, contemplation and commitment in spiritual
principals as well as real life serve as the lessons that create
desire for excellence in her vast audiences.
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