The Marketing Program for Massage Therapists follows a few basic business principles. Every marketing program contains four key components:
Products and Services – Product strategies may include concentrating on a narrow product line, developing a highly specialized product or service, or providing a product-service package containing unusually high-quality service.
Promotion – Promotion strategies include advertising and direct client interaction. Good salesmanship is essential for small businesses because of their limited ability to spend on advertising. Good local advertising, such as yelp and being listed on google maps is also important. Direct mail is an effective, low-cost medium available to small business.
Price – The right price is crucial for maximizing total revenue. Generally, higher prices mean lower volume and vice-versa; however, small businesses can often command higher prices because of their personalized service.
Location — Small retailers should consider cost and traffic flow in site selection, especially since advertising and rent can be reciprocal: A low-cost, low-traffic location means spending more on advertising to build traffic.
The nature of the product or service is also important in decision making. If purchases are based largely on impulse, then high traffic and visibility are critical. On the other hand, location is less a concern for products or services that clients are willing to go out of their way to find. The recent availability of highly segmented mailing lists, purchased from list brokers, magazines, or other companies has enabled certain small businesses to operate from any location and still preform.
After implementing a marketing program, entrepreneurs must evaluate its performance. Every program should have performance standards to compare with actual results. Researching industry norms and past performance will help to develop appropriate standards. Entrepreneurs should assess their company’s performance at least quarterly.
The key questions are:
- Is the company doing all it can to be client/client-oriented?
- Do employees ensure the clients/clients are satisfied and leave wanting to come back?
- Is it easy for the client/client to find what he or she wants at a competitive price?