Advertising and Marketing Ideas to Create Phenomenal Profits In YOUR Small Business

Your Single Best Emerging Market To Sell And Market To…besides your current customer list. PDF Print E-mail

Your Single Best Emerging Market To Sell And Market To…besides your current customer list.

As you may know, I pay for several monthly marketing newsletters. One of them is $200 a month. It is out of this 24 page Marketing newsletter that I got this information.

What group is least price resistant? What group makes their buying decisions the quickest?

What group of Americans spends the most money, on the best quality (and most profitable) stuff?

Who are these people?

Salivating yet?

The Mass Affluent”

Not the super-rich. The Mass Affluent. The fastest growing segment of our population.

We are in the middle of a Demographic Revolution. With the peak of the Baby-Boomer population (of which most of us are included) and the shrinking of the so-called middle class, we are seeing the emergence of a new Spending Class. These people need to be understood and targeted. Did you know that 22% of our households have over 55% of all the earned income? Yup. Think about this…over half of all income goes to a fifth of the homes in the USA.

It must be easier to sell to that 22% than to any other segment of the population. After all, they are spending most of the money!

Want more? Try this;

This one-in-five group is 200% more likely to own at least one brand new car. They are 200% more likely to own laptops.

They read twice as much as the rest of the group, & watch less TV.

Hmmm…. Philosopher Jim Rohn said that the average home worth over $300,000 has a giant Library. The average mobile home has a giant screen TV.

The Mass Affluent invest in real estate other than their own home. They invest at a rate 4 time that of the rest of the population.

Over 25% of this group owns more than one residence. That means they have to buy twice as much stuff for their homes.

Two thirds of this group shop online & a third never will. They tend to buy more out of trust for the dealer than price.

This group averages $1,303 a year (2006) in new furniture.

This Is A Fantastic Opportunity To Multiply Your Income By Catering To The Emerging Mass Affluent Population.

You have the opportunity to upgrade your business, products, and prices to attract this growing profitable “Free-Spending” market segment.

This is the antidote to Big Box competition. Your antidote to price cutting local competitors.

Your best customer is one where price just isn’t an issue. Of course, price matters. It just isn’t the determining factor.

How would you like to never hear “Oh, we can’t afford it?” Market to the people who never..ever say that.

“But Claude…My customers don’t have the money”. That’s because you are attracting the kind of buyer without money.

“Mass Affluent” is making $85,000 (total household income) a year or more. Not Rich….just Comfortable.

Frankly, an average two income family is pretty close to that.

In our store, all our ads are directed to this group, and no other. Of course, we want everyone to buy from us. We like everyone, but if you are going to pay for an ad, don’t you want it to be profitable?

I’ve included a sample ad we run every month. The ad costs us $240. It generates from $3,000 to $12,000 in high profit sales every month. Enjoy.

By the way, I have several subscribers that will be resistant to selling to the well healed. Mostly because they believe that in their town…these people simply don’t exist. I assure you, they do.

The average millionaire drives a Ford truck. A Red Ford truck. They own a non-descript home in an average neighborhood.

And they don’t talk about money.

Sound like anyone you know?

22% of the people in your town have enough money that it’s not a factor in their lives. They just aren’t telling you about it.

 

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Reviews from Amazon.com.

Your Survival Guide to Ad Reps Who Don't Know Any Better!, January 23, 2010

By Gloria Steinman "Obsessive Compulsive Book Re... (Sandusky, OH)

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If you have ever been approached by an ad rep, you know the feeling of confusion and frustration. They tell you how much your business will increase and how you will get SOOO many new customers. Then you run the ad, nothing happens, and the rep comes back and tells you to run it again to see if it works next time. Surely if you continue to run the ad SOMETHING will happen!

After months of spending hundreds or even thousands of dollars, many business will throw up their hands and proclaim "ADVERTISING JUST DOESN'T WORK!"

 But what you don't know, and to be honest the ad rep doesn't know it either, is that the simple act of purchasing an ad does not mean you will get a response!

There are tried and true "rules" to advertising and Claude's book is very good at laying those "rules" out in an easy to understand way. It is not the last book you should ever read on advertising but it can be used to IMMEDIATELY improve the response to YOUR advertising!

 I highly recommend this book to any small business that operates on a local level.

The $20 bucks you'll spend (at Amazon.com) on this book will be well worth it and if you actually put some of Claude's principles to work you could see a return on investment worth thousands of times the cost of this book! Claude has spent 10 years in the school of harsh reality and has tested and tweaked these methods for the survival of his own business.

Claude Whitacre is My Hero!

 An Incredibly Valuable Book!, January 19, 2010

By Mike McGroarty

The Unfair Advantage is an excellent book that every small business owner should have on their desk. Not their bookshelf, on the desk, and the pages should be dogeared from constantly refering to this book. All businesses need to and should advertise aggressively and this book really does give you an unfair advantage by teaching you how to craft your advetisements, and where and where not to place those advertisements. Advertising that doesn't work is expensive. Advertising that REALLY works is libertating and will take your business and your life to the next level and beyond.

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