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Relationship Marketing and Your Home Based Business

Many entrepreneurs just starting out say that their one biggest fear is selling their business to others.  In today’s relationship marketing focus, much has been said about building the relationship that the sales side of this style of marketing has become a taboo in business owners’ minds.  However, you have a home based business to make money, and so developing a balance between both sides of the relationship marketing style will help you effectively build your business.

In being able to develop your sales approach, you must also know exactly what you are doing with your home based business.  If you cannot articulate your business to others, then relationship marketing will do you know good.  You have to know how your home based business is going to be able to help the consumer meet his or her needs.  It is absolutely imperative that you list “making a profit” as one of your purposes.  Trying to make a profit is not a sin, it is a necessity to stay in business, so no one should fault you for it as long as you are making a profit by honest means.  And in relationship marketing, you promote your business through the relationship to enhance trust, so being honest is important.

Also, you need to be businesslike and professional when building your business through relationship marketing.  The relationship side of this marketing style does not mean that your clients have to be your best friends, just that you need to develop a rapport with them that promotes communication – business communication.  Other relationships could develop, but the relationship must start off as businesslike so that the sales side of relationship marketing is not compromised.

Your actions should always be in accordance with your business’s best interests, too.  Ask yourself that question when making decisions.  In relationship marketing, you may believe that doing something special for a client will enhance your business and building that relationship and future sales.  However, the act could be seen by the client as more of a personal favor.  Always weigh the benefits of the action for your business before making a decision.  Despite your ability to develop the sale through relationship marketing, though, understand that some clients will try to use the relationship to manipulate or take advantage of you.  So always ask yourself the question before making any decisions

Read the rest of the article here: Relationship Marketing and Your Home Based Business.

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Copyright © Charles Fuchs is an established online marketer who specializes in helping people start their very own Home Based Business. He specializes in showing people the best way to Make Money at Home.

I grant permission to publish this article, electronically or in print, as long as the bylines are included, with a live linkPsychology Articles, and the article is not changed in any way.

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Copyright © Charles Fuchs is an established online marketer who specializes in helping people start their very own Home Based Business. He specializes in showing people the best way to Make Money at Home.



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