One-to-One Marketing is the process that identifies your best customers and allows you to get to know them, which enables you to gather information to identify their specific needs and preferences, and then supply them with products and services they want and need to create a lifetime customer.
In reading the history of One-to-One Marketing, one learns how it is totally different from mass marketing. It is the development of a single market of one customer at a time, made possible by computer-controlled customized production, individualized distribution, and customer interaction.
One-to-One Marketing is the difference between seeking a greater market share (working to increase the number of actual customers that use your product or service) and seeking a greater share of customer (working to increase the dollars spent on your products and services by your existing customers), which is building a business by concentrating on individual customers. The philosophy is that it is more cost efficient to keep your current customers than creating new customers.
The History of One-to-One Marketing
The late 19th and early 20th centuries represented a time when business owners knew their customers on a first-name basis. It was not uncommon for an owner of the general store to contact individual customers to inform them that new goods they had been waiting for had arrived at the store.
This was a time when doctors made house calls and the blacksmith at the local livery knew when it was time for your horses to be reshoed. Business owners knew their customers on a first-name basis, knew their families and had a life-long business relationship.
This personalized type of business changed with the Industrial Revolution. The introduction of large corporations, employing thousands of people to mass-produce goods on production lines, allowed prices to come down, dramatically making products and services more affordable for the masses.
As a result, mass marketing evolved to promote the purchase of products that were mass-produced. Customers needed to be drawn to locations to purchase those items and the rise of multimedia mass marketing was born. The mass-marketing effort was dictated by the manufacturers and what products they would mass-produce.
As technology evolved and the Information Age began, new media technology happened. Media innovations such as interactivity and individual addressability of customers would take the tradition of mass marketing to a new level of one-to-one marketing.
A new model for marketing, based not on the mass markets but on markets of one customer at a time, was born. This would be made possible through computer-controlled, assembly-line customized production coupled with individualized distribution and addressable, interactive commercial media.
The successful network marketing home business of the future will one that is a dynamic and innovative product brokerage and internet marketing company specializing in One-to-One Marketing and Mass Customization. The company will market a wide variety of high quality, market-driven products and services through a system of Independent Distributors.
Network Marketing Home Business
You might have heard of people who are able to earn an income from home, but did you ever think it was possible for you to be one of them? Hopefully you did, because it is definitely possible! It's time for you to get the facts so you can see how opportunities like this can truly change your life. Especially with the state of the economy right now. Jobs are not secure. So, Many People are turning to the Internet to create an income for themselves.
First of all, it's important to understand what network marketing is. It is basically when a company has a product or group of products, and allows individual sellers to market their products in exchange for some of the money made. These individuals (you!) usually pay a small fee to join, and are often asked to use the products yourself.
What makes things really fun is that it's truly driven by the people. Affiliates of the product are able to have people sign up under them. When that happens, they get a share of the profits made by the person they recruited. If you can imagine, as you start to get more people 'under you', your income can increase quite a bit!
The social aspect is also very fun. Even though network marketing home business companies try to make this as foolproof as possible, there is a learning curve for most things in life! That's where the other people on your team really step in. Those who have had more experience selling the product and recruiting others are invaluable as they give you advice and encourage you along the way.
Of course, since you're researching how to start a home business you're probably most interested in how much money you can make with these opportunities. This actually varies quite a bit! Person A might earn a full time income pretty much right away, while it might take person B a year or more to reach the same point. You also have to consider the different payment structures within the companies.
After you've decided that having a home business is right for you, you'll need to choose the one you want to join. This can become very overwhelming since there are so many out there! The best way to do this is look to your passions. For example, if you're interested in helping people live happier, healthier lives you'll want to look for an opportunity that helps people do that. It's all about following your passions, using the social aspect, and dedicating yourself to making money.
Finding a great network marketing home business is your next step now that you know this information. While this can seem like a daunting task, it's definitely not if you do your research. It can even be quite fun! Think of this as the first day before you start your life as a business owner. You can look back in a year and be thrilled at the great income you've made as an entrepreneur.
Both Tom Childs & Kelly S. Brown are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Tom Childs has sinced written about articles on various topics from Residual Income, Environment and Network Marketing. Tom Childs Holds An MBA From The University At Buffalo.Visit Tom's "Home Business Success Training Journal" Blog Site: The Netwo. Tom Childs's top article generates over 22200 views. to your Favourites.
Kelly S. Brown has sinced written about articles on various topics from Income Opportunity, Network Marketing and Internet Marketing. Kelly puts 110% effort into helping others succeed. Her success is not measured in a monetary value, but rather by the hundreds of people she has helped achieve true financial freedom. Discover her "EXACT" secrets that are currently making her $3K a week.. Kelly S. Brown's top article generates over 22200 views. to your Favourites.
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