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I was floored quite honestly.
The 3+1 Method…How To
                                                                 I then stepped out to assist more people with the basics of
Craft Your Marketing Plan!                                       marketing so that they could take their product or service and
[Step 1]                                                         literally get it into the hands of the people who were looking
                                                                 for it with ease and without spending money frivolously.
                                                                  I used the skills I learned from college, coupled with
                                                                  the education I attained on my own learning how to
Why Should You Pay Attention To Me?                               market online and in those 4+ years, I have earned
I got started online in March 2008 and knew nothing about         well over $600,000 inside my online business (where
how to market using online methods. However, I had one tool       $350k of it was generated in just the last 12 months).
under my belt, that has actually helped me along my journey…
And that tool was my education in marketing from college.




I graduated Magna Cum Laude in December of 1999 with             So the bottom line is that I know what I’m doing and can show
an MBA concentrated in Marketing from Florida A&M                you how to do it correctly, if you choose to follow my protocol.
University, and while at first I was focused more on corporate
marketing right out of school, many of those foundational        It’s Easier Than You Think
skills I had learned helped me tremendously as I built a         Contrary to popular belief, a marketing plan is not some
business online.                                                 cumbersome thesis statement size document that takes years
                                                                 to research and compile.
I discovered that in the corporate world of marketing,
EVERYONE knows there needs to be a plan of action, in other      In fact, my marketing plan is all of 1 page!!
words a marketing plan. And when I got online I made the         And here, I am going to show you how to create your own 3+1-
assumption (wrongly) that all these so-called business owners    Step BASIC marketing plan quickly!
also knew the same.
                                                                 And because there are 3+1-steps to this, I will be breaking
However, I quickly realized that there was a gap in the          down each step for you over the next 4 days, 1 at a time, so you
marketplace.                                                     can follow along, and thoroughly complete each step.
While people were wanting to own and run a profitable            Remember, in business, it is all about implementation of
business online, they had no clue on how to market, who to       the knowledge you receive. So take the time and get this
market to, what to actually market, or even HOW to reach the
market.
                                                                                                                               1
done..otherwise, your failure will be of no one’s fault but your
own!
                                                                    What are the major problems your
So let’s go!
                                                                    market is facing?
                                                                    Here, the best way I complete this task is to think of 10
Step 1: Identify Your Target Market                                 problems you target market has.
                                                                    For example, if you were targeting people looking to start
                                                                    a franchise, and wanted to sell them a different type of
                                                                    business, you might recognize that 1, in franchising, the initial
                                                                    investment costs are usually pretty steep, well into the 6-
                                                                    figures just to get started! Another problem may be that
                                                                    there needs to be an approval of assets by the company
                                                                    itself..meaning that if the person’s financials aren’t in tip top
                                                                    shape, they could possible be denied. And so on..
                                                                    But think of your target market and what they always complain
                                                                    about, what they are always asking questions about. That is
                                                                    how to best create your list of 10 problems.

                                                                    What are some possible solutions for
                                                                    them?
                                                                    As you know, as an entrepreneur, we get paid to solve problems
                                                                    in the market place. And now that you have identified 10
                                                                    problems, your job is to present viable solutions. Now, in
                                                                    comprising a list of solutions, think outside your offering.
Ask your self, WHO is your target market?                            Think in terms of anything and everything that could possible
Who are the people you are trying to reach? Don’t shortcut          offer a solution.
on this one, because if you are vague in WHO you want to sell       For example, using the potential franchise owner market, a
to, HOW you reach them will seem virtually impossible. So be        problem was the high capital investment. A solution could be
crystal clear.                                                      that they purchase an existing offline business at a discount by
                                                                    finder a motivated business seller. Another solution could be
Demographic type questions.                                         that they simply start an online business for just about $5k.
What is their occupation? How old are they? What type of            You catch my drift?
income do they make yearly? Where do they live? What
educational level have they attained? And so on.                    People respond better when they believe you have their best
                                                                    interest in mind…and not just only your product as the only
Answer those, clearly and precisely. Be very specific. Everyone     thing ever!
does not need nor want what you have, even if YOU believe
they do. Marketing is about what THEY want and supplying            Do not be self-serving in this step. You must train yourself to
it to them, NOT about what you think they should have and           think as your ideal customer is thinking so that you can better
trying to convince them they need it. Big difference. People        service them down the line.
who grasp this succeed while the rest do not.                       Create a list of 10 solutions.

Psycho-graphic questions.                                           What do they want?
What are their interests? What hobbies do they enjoy? What          Now that you know your market, their problems and some
books and magazines do they buy and subscribe to? What              possible solutions, it’s time to step into their shoes for a
have they previously purchased that is similar to what you are      moment.
offering them?
                                                                    What is it that this market ultimately wants?
The answers to these questions will help you identify what
people like and don’t like. The answers will help you see if they   In keeping with the example at hand, I would say that our
has been a pattern in buying solutions like the one you provide     market really wants a turn-key business (which is why most
to help them solve the problem they have. These answers can         run to franchises in the first place), with low-start-up, with
even assist you in recognizing your target market’s beliefs and     greater returns. I would also say that they want to have
morals…even the dreams they have.                                   another stream of income generated without them necessarily
                                                                    having to be present.
Keep in mind…no matter what…Trying to sell to everybody is
actually selling to nobody!                                         See what I mean?

So resist the temptation of simply going with “Everybody” as        What people are struggling with, coupled with what they want,
your target market. Trust me, if you do, the rest of the steps      is where you become the middle man..the marketer..the one
will be a living hell for you, lol!                                 who shows them a better way.


                                                                                                                                   2
Nailing down a list of 10 things your market really wants will
give you the ammunition to give them a solution tailored to
HOW thy want it and can best receive your solution.
Having a clear vision on who your target market is as well
as the problems and potential solutions for that market is
important because it helps you to KNOW WHO you are talking
to and WHAT it is they are actually looking to solve. Knowing
what they want helps you give it to them!! Simple as that.




Once you have Step 1 completed, you will be ready to craft out
Part 2..which is The Message!
And we will be going over The Message in tomorrow’s post!
Be sure to come back here then so we can move you on to the
next step with ease!!
Yet, before you go, please take a moment and leave a comment
below with your thoughts about how going through this
process and even how just this step can be of help to you!


See you tomorrow!


To your success,


~Tracey Walker




                                                                 3

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The 3+1 method…how to craft your marketing plan! [step 1]

  • 1. I was floored quite honestly. The 3+1 Method…How To I then stepped out to assist more people with the basics of Craft Your Marketing Plan! marketing so that they could take their product or service and [Step 1] literally get it into the hands of the people who were looking for it with ease and without spending money frivolously. I used the skills I learned from college, coupled with the education I attained on my own learning how to Why Should You Pay Attention To Me? market online and in those 4+ years, I have earned I got started online in March 2008 and knew nothing about well over $600,000 inside my online business (where how to market using online methods. However, I had one tool $350k of it was generated in just the last 12 months). under my belt, that has actually helped me along my journey… And that tool was my education in marketing from college. I graduated Magna Cum Laude in December of 1999 with So the bottom line is that I know what I’m doing and can show an MBA concentrated in Marketing from Florida A&M you how to do it correctly, if you choose to follow my protocol. University, and while at first I was focused more on corporate marketing right out of school, many of those foundational It’s Easier Than You Think skills I had learned helped me tremendously as I built a Contrary to popular belief, a marketing plan is not some business online. cumbersome thesis statement size document that takes years to research and compile. I discovered that in the corporate world of marketing, EVERYONE knows there needs to be a plan of action, in other In fact, my marketing plan is all of 1 page!! words a marketing plan. And when I got online I made the And here, I am going to show you how to create your own 3+1- assumption (wrongly) that all these so-called business owners Step BASIC marketing plan quickly! also knew the same. And because there are 3+1-steps to this, I will be breaking However, I quickly realized that there was a gap in the down each step for you over the next 4 days, 1 at a time, so you marketplace. can follow along, and thoroughly complete each step. While people were wanting to own and run a profitable Remember, in business, it is all about implementation of business online, they had no clue on how to market, who to the knowledge you receive. So take the time and get this market to, what to actually market, or even HOW to reach the market. 1
  • 2. done..otherwise, your failure will be of no one’s fault but your own! What are the major problems your So let’s go! market is facing? Here, the best way I complete this task is to think of 10 Step 1: Identify Your Target Market problems you target market has. For example, if you were targeting people looking to start a franchise, and wanted to sell them a different type of business, you might recognize that 1, in franchising, the initial investment costs are usually pretty steep, well into the 6- figures just to get started! Another problem may be that there needs to be an approval of assets by the company itself..meaning that if the person’s financials aren’t in tip top shape, they could possible be denied. And so on.. But think of your target market and what they always complain about, what they are always asking questions about. That is how to best create your list of 10 problems. What are some possible solutions for them? As you know, as an entrepreneur, we get paid to solve problems in the market place. And now that you have identified 10 problems, your job is to present viable solutions. Now, in comprising a list of solutions, think outside your offering. Ask your self, WHO is your target market? Think in terms of anything and everything that could possible Who are the people you are trying to reach? Don’t shortcut offer a solution. on this one, because if you are vague in WHO you want to sell For example, using the potential franchise owner market, a to, HOW you reach them will seem virtually impossible. So be problem was the high capital investment. A solution could be crystal clear. that they purchase an existing offline business at a discount by finder a motivated business seller. Another solution could be Demographic type questions. that they simply start an online business for just about $5k. What is their occupation? How old are they? What type of You catch my drift? income do they make yearly? Where do they live? What educational level have they attained? And so on. People respond better when they believe you have their best interest in mind…and not just only your product as the only Answer those, clearly and precisely. Be very specific. Everyone thing ever! does not need nor want what you have, even if YOU believe they do. Marketing is about what THEY want and supplying Do not be self-serving in this step. You must train yourself to it to them, NOT about what you think they should have and think as your ideal customer is thinking so that you can better trying to convince them they need it. Big difference. People service them down the line. who grasp this succeed while the rest do not. Create a list of 10 solutions. Psycho-graphic questions. What do they want? What are their interests? What hobbies do they enjoy? What Now that you know your market, their problems and some books and magazines do they buy and subscribe to? What possible solutions, it’s time to step into their shoes for a have they previously purchased that is similar to what you are moment. offering them? What is it that this market ultimately wants? The answers to these questions will help you identify what people like and don’t like. The answers will help you see if they In keeping with the example at hand, I would say that our has been a pattern in buying solutions like the one you provide market really wants a turn-key business (which is why most to help them solve the problem they have. These answers can run to franchises in the first place), with low-start-up, with even assist you in recognizing your target market’s beliefs and greater returns. I would also say that they want to have morals…even the dreams they have. another stream of income generated without them necessarily having to be present. Keep in mind…no matter what…Trying to sell to everybody is actually selling to nobody! See what I mean? So resist the temptation of simply going with “Everybody” as What people are struggling with, coupled with what they want, your target market. Trust me, if you do, the rest of the steps is where you become the middle man..the marketer..the one will be a living hell for you, lol! who shows them a better way. 2
  • 3. Nailing down a list of 10 things your market really wants will give you the ammunition to give them a solution tailored to HOW thy want it and can best receive your solution. Having a clear vision on who your target market is as well as the problems and potential solutions for that market is important because it helps you to KNOW WHO you are talking to and WHAT it is they are actually looking to solve. Knowing what they want helps you give it to them!! Simple as that. Once you have Step 1 completed, you will be ready to craft out Part 2..which is The Message! And we will be going over The Message in tomorrow’s post! Be sure to come back here then so we can move you on to the next step with ease!! Yet, before you go, please take a moment and leave a comment below with your thoughts about how going through this process and even how just this step can be of help to you! See you tomorrow! To your success, ~Tracey Walker 3