Jul
28

The difference between B2B and B2C

After nearly 10 years of helping entrepreneurs improve their marketing, I still get a kick out of people that claim “my business is different”.

Usually they claim their buyers are different than any other buyers.

Often though it comes down to this…

“…I sell to businesses – not consumers. And business buyers don’t fall for the same tricks you are sharing Troy.”

I will say this… Business to business (B2B) buyers are NOT different than Business to consumer (B2C) buyers!

A BUSINESS cannot buy anything.

Someone, somewhere, has to be involved in the purchasing process.

And anytime a person is involved, there are biases, prejudices, emotional triggers and hidden motives involved.

As much as we like to pretend otherwise, I don’t think there are too many businesses who use robots for purchasing from strangers. :o )

Yes, there can be minor changes you make to your campaigns to target business buyers, but people are people and the exact same tools and techniques that work in the B2C market ALSO work in the B2B market.

I have shown this many times over the past blog posts.

Like the one client who sells B2B: we sent out 200 letters to a COLD list… business buyers who had NEVER heard of him before. These were highly sophisticated buyers who worked for companies that ranged from $5 million a year to $500 million a year.

We mailed a 2-page black and white letter (no fancy brochures – no gloss – no color – not even a picture to be seen).

We sent it DIRECTLY to the purchasers.

We got a 18% response rate (the goal of the campaign was to initiate direct contact with the purchasing managers – either through a phone call or email… in essence, getting that first foot in the door).

The letter talked more about his family than his business!

And we got email after email THANKING US FOR WRITING A PERSONAL LETTER.

One guy said “I get DOZENS of ‘pitch letters’ like this a week – I want to commend you on writing a very personal letter like this – I wish I saw more of this in my business”.

Hum.

Guess something like that shows you that B2B buyers are NOT different…. they are people and like to buy from people.

So keep that in mind next time you are thinking up excuses on why YOUR buyers are different.

They aren’t that different.

They still eat, sleep, dream and have fears or dreams.

They are people like you and I are.

Treat them that way.

Not many B2B sellers do… so you will definitely stand out from the rest of the nonsense!

Troy

PS: I wanted to make sure you understand this – I have personally sold both B2B and B2C.

When I was working for Hewlett Packard in their Unix systems group… I sold $50,000 computer systems to business buyers. I also sold multi-million dollar servers and storage systems to business buyers. There was ALWAYS a person writing the final orders. Those people wanted to be TREATED like a human being too.

One potential client I nurtured for 2 years selling them smaller systems, ultimately knowing a big purchase order was coming… eventually.

And it did.

$3 million dollars worth of computer gear was sold in the end – the only reason he bought? “Because I stuck with him, and treated him the way he wanted to be treated. Not like some robot purchasing system. That was from him – the one who signed the purchase order and cheque.

If I treated him differently – the sale would have NEVER gone through.

Jun
14

Canada Post’s Secret… Uncovered and Exploited by the USPS

I have long been preaching the power of using direct mail to complement your online marketing efforts.

Why?

Because ‘everyone’ is NOT online.

Because ‘everyone’ do NOT prefer email to print mail.

Because ‘everyone’ is not on Facebook and Twitter.

There is a huge opportunity to leverage the dinosaurs we call our postal service into your marketing.

And the United States Postal System just figured out one of Canada Post’s little secrets.

Yes, for many years now, astute marketers were using Unaddressed Admail in Canada. Direct to the door mail for 11.9 cents per household.

Fantastic for lead generation!

But until recently, the USPS didn’t have a service that would work like Canada Posts Unaddressed Direct Mail tools.

…Until now…


What it means to everyone is that there are now more options south of the 49th parallel.

And it also means it is TIME to get serious about using this tool.

If you need help – let me know.

If you want a webinar around this – let me know.

This is a fantastic tool for geo targeting of your prospects and clients.

Hope you are using it!!

Let me know your thoughts.

(I also have a product called Direct Mail Detox
that you will find helpful for generating QUALIFIED leads)

Troy

PS: I should also share the fact that I have seen some incredible results using this next-to-free direct mail tool. One client in a very competitive, commodity type business used a flier I did up and we used Unaddressed Admail to businesses – and got an incredible 12:1 return on their investment. Another sold a number of high end home products (average price of each piece if $800) for a whopping $300 investment in mailing and postal services.

This is a great way to find leads and make sales. Definitely worth your time to test.

Jun
13

Where else will you find… “As my boat sank into the Zambezi”

Fellow Business Builder,

The J. Peterman catalogue is a masterpiece of mixing romance and storytelling, finished off with a dash of practicality and concern with the highest quality product and service possible.

Not too long ago I had written a post about J. Peterman on my own blog.

Not long after, I got a very pleasant surprise and received an email from Jonathan Sexton, Gladiator for the J. Peterman Company (or as he says, drab title ­ Director of Marketing).

He complimented me on the article and we have agreed to do a teleseminar discussing J. Peterman’s success… failure… and resurgence in popularity.

I thoroughly enjoyed Peterman’s book,
“Peterman Rides Again”.

If you haven’t read it before… you need to.

His book is packed with exceptional storytelling and a very insightful look into the life of this unusual garment globe-trotter.

It all started with an ankle length duster – a long, simple riding coat that John Peterman purchased during a trip to Wyoming. “I wore that coat and people wanted to buy it off my back” said Peterman.

As he took his initial purchase and turned it into a mail order company, he found his flair for writing and eye for unusual items was drawing in people who were looking for something out of the ordinary.

The first full year selling J Peterman Dusters he sold $580,000 worth that year. That led to the J. Peterman shirt… which was another great seller… which led to another… and another.

John Peterman would travel the world looking for unusual items that people normally wouldn’t be able to find, or had romance and stories built right into them.

And he succeeded.

The catalogue that started a cult…

As you may know, his catalog, the Owner’s Manual, was a masterpiece.

…Using hand drawn sketches rather than photographs.
…Using long copy to romance the reader, rather than short, typical, catalogue copy.

The J Peterman Owner’s Manual was the secret (and sacred) tool that like-minded people would cherish and read out loud amongst their closest friends on the inside.

It was an odd shape as well… 5 ½ by 10 ½ inches.

The catalog itself became a thing of legend and celebrities quickly became devoted fans and buyers.

A list of just a few J. Peterman fans (and customers):

Nicole Kidman
Tom Cruise
Clint Eastwood
Tom Brokaw
Paul Newman
Joanne Woodward
Kim Bassinger
Tom Hanks
Mia Farrow
Bill Murray
Angela Lansbury
Sidney Pollack
Jerry Seinfeld
Oprah
…to name just a few

Wouldn’t you just love to have a client list like that?

In 1991 the New York Times called him the Merchant Poet.

His success bloomed and his reputation became legendary among the discerning, more affluent crowd.

And then Seinfeld hit in 1995

With no advance warning, J. Peterman became a character on the hit sitcom, Seinfeld.

Seinfeld caught J Peterman by surprise – and it took them from having a catalog that was a well-kept secret to having no secret at all.

The growth was phenomenal and debilitating.

The phones lines lit up and people wanted more.

They bought… he expanded.

But something bad started to happen amidst all his success…

Seinfeld show made light of who the real J Peterman was, and it created the wrong impression in the general public eye.

[note: offline... the tv J. Peterman, John O’Hurley , said “J. Peterman answers a need for authenticity in a world that is losing authenticity at a catastrophic rate”]

Something to think about: O’Hurley’s statement reflects much of what is happening right now in our economy. People are distrusting, weary of spending money on the same-old, same-old. They are looking for unusual experiences, exciting new product offers, and a GREAT story they can tell their friends and family.

Don’t you think that maybe… just maybe…
the J. Peterman style of copy could help YOUR business stand out from the clutter?

I certainly think it applies everywhere!

Headlines or copy that reads like this “As my boat sank into the Zambezi I watched my luggage float downstream over Victoria Falls. But the day wasn’t a total loss…” compels people to read… and we all need to find new and innovative ways to bring people into our culture.

What happened to J. Peterman and caused the ultimate demise of this icon?

He lost touch with what made his company so great to begin with, and was focused more on investors and retail expansion, rather than the things that he loved so much about his company.

Expansion into retail destroyed all that he enjoyed most about his business. Cash flow issues continued to plague them.

Ultimately, the expansion caused him to go bankrupt, and his dreams were dashed.

He eventually bought the J. Peterman back out of bankruptcy with the help of friends and family, and is rebuilding it from the ground up (you MUST get on their mailing list, if you aren’t already).

They are again obsessive about the copy… even when he had Don Stanley writing his copy alongside him.

Back in the boomtime, the sheer volume of copy needed meant they need to expand and find other writers who could match their flair for persuasive story telling through catalog copy.

They were very picky on who wrote for them and how the copy sounded. One writer needed to sound just as appealing as the next… and they all needed to sound just like the infamous J. Peterman wrote it himself.

Some lessons from J. Peterman:

• He created a brand character that developed a life of it’s own (much like the Tommy Bahama character does).

• Build practical romance into your copy and the experience your buyers have with your company

• Attaching emotional meaning and feeling to clothing and everyday items you may put in your home or business.

• Focus on the best customer service possible. Develop the attitude that your service and guarantees are to be upheld to the point that anything and everything is guaranteed. Make it so people WANT to tell others about how great your customer service is. In his book, they talk about a return they got on a pair of boots that were obviously worn for work on a farm and in the fields. They were worn out and the customer wanted a refund. Most companies would say no. J. Peterman knew that if he gave the gentleman a new pair, word would spread. And it did… quickly.

• Truly think through the experience you give your prospects and buyers… how can you incorporate more Peterman style copy into your business?

• Do you tell the real adventures you go through to find components to your products? Or how you invented your newest creation? Or what the actual experience you provide delivers to the clients?

• Do you use catalogs? Could you? Again, go to www.jpeterman.com and sign up for their newsletter. Read their copy, and think through how you could romanticize your products and services like they do. (it IS possible to do, you have to use your creativity and writers voice to find it, and you will). Look at how a jacket and skirt becomes an experience. Or how a cologne can increase your heart rate and make you feel warm.

(from www.JPeterman.com)

Harriet and Lord Peter jacket, $285, and pleated skirt, $175:

They met in her cell in the Old Bailey. Had she fed arsenic to her lover? Had she? He proved her innocent. Met again in Oxford. (She wore this outfit.) He courted her; punting on the Cherwell, quail’s eggs, wit, an antique ivory chess set. Proposed in Latin: “Placetne?” Oh, yes. It pleased her.

Shocking rabbit fur hat, $245:

Shocking to see someone this young, this independent, so beautifully dressed. Shocking to find out she was not who she said she was. Shocking to see her walk off the QE2, into the arms of an unsuitable man, just an ordinary bounder.

The other passengers couldn’t stop looking. At what she wore, how she wore it, the way they looked at each other, the way they still do.

Dominica Bay Rum.

The Small Island of Dominica. Columbus discovered it, named it, and left it alone. It’s north of Martinique. And it is the home, since 1907, of a very good West Indian Bay Rum manufactured under the Dominica brand-name.

Bay Rum has a fairly quiet scent, less strong than anything called perfume, less strong than anything called aftershave, but not so quiet as to be boring.

It is, in fact, quite sexy.

It is sexy the way skin begins to smell from strong sun, salt water, steel drums, breaking waves, moving palm branches and giggling coming from somewhere.

Men liked Bay Rum long before 1907, when the Dominica brand started. Men have liked Bay Rum since Spanish Main days. They like it for the least complicated reason in the world: it smells good.

A decent gift which often turns into a lifetime habit.

Dominica Bay Rum (No. 1044), 10 fl. oz. Imported.

NOW is the time to use incredible story telling and copy like this.

People are looking for new experiences and new ways to buy… this approach can easily make your company stand out from any and every competitor you have.

Last: if you want to dig deeper into the J. Peterman success story and learn how to incorporate their techniques into your own business, sign up for the free call recording at www.jpetermancall.com

What would be your TOP question you would like to ask their Director of Marketing? Leave your best questions below and we will see how much quality information Jonathan Sexton can give us.

Make sure you read their site, and get a copy of John Peterman’s book.

Last – you can get the recording of the call at J Peterman Call

Troy

PS: For more advanced marketing secrets of using stories to sell — make sure you are watching for the Marketing Dojang… the greatest kick butt site for creating winning marketing campaigns!

May
31

Focus

I am going through what is one of the busiest times of my life right now.

All a good busy… but something I have struggled with… as do many entrepreneurs I know.

How do you focus when new opportunities come rushing at you at break-neck speed?

So how do I, and anyone else who all of a sudden becomes swamped with new work, handle this?

Focus.

First thing is first… you need a plan.

1. Write down all of the projects you have to work on.
2. Estimate how much time per week each project will take
3. Add 50% to each of those numbers – reality shows that it almost always takes longer than we initially think
4. Now add up all the numbers – and divide by 5 or 6 days -you now have the number of hours a week you will have to work to keep on top of it all

…scared yet?

5. Next, start looking at what other distractions are on your plate – email, phone calls, distractions, newsletters -and start saying NO to things. You MUST stop doing the things that won’t help you be productive on your big projects.

With 4 new companies needing 4 new marketing campaigns – I have a ton of work to do…

And reading 100 ezines a week won’t help me get things done.

Answering silly emails is another time waster

Surfing the net – got to go

Answering the phone every time it rings is a serious distraction

Sleep – ah, who needs it? (Kidding)

Need to factor in family time – make quality time for it

Not an easy task for anyone – but we are all faced with it. The question is – how will you deal with it?

Create your plan, then stick to your guns. Get used to saying no, and get used to firing troublesome clients.

And get to work!

Troy

PS: One way to get more done is to outsource more.

Join me this Thursday night for a fantastic teleseminar with Heather
Stevens.

Heather has just brought out the KING and QUEEN of personalized
follow up systems.

NOTHING else beats this that I have ever seen…

…and it is designed to scale from the one-person operation… right
up to the $50 million a year company.

Join us here: Hands Off Marketing Systems -
http://www.smallbusinesscopywriter.com/handsoffmarketing.htm

May
27

When Harry met Tommy

I want to introduce you to two people today.

One of them is real, one is entirely fictional. Both of them are highly successful, and pull in hundreds-of-millions in revenue per year.

The best part? They use completely different approaches to grow their thriving empires.

The main reason I wanted to talk about these unique business models is that they are both thriving in the downturn.

They both sell higher priced clothing. And they both target a more affluent type of buyer.

First, meet Harry Rosen: http://www.harryrosen.com/

Harry Rosen is a Canadian Icon with 55 years in business. Harry has turned his initial $500 investment into a $250 Million dollar empire and continues to thrive in the current economy. Harry Rosen now proudly owns 35 percent share of the national market in high-end men’s wear.

One of the BIG reasons Harry has done so well?

“Most companies are faceless but I’m the face. Like me or dislike me, it’s what you get,” he says.

Direct from the master: You MUST have a face in front of your company.

Simple …
yet ignored by 99% of businesses out there.

Do YOU put your name and face in front of all your messaging?

Do you make sure people understand that you are there for them, and that you will make sure they get the attention they crave?

It is one of the most critical skills to master in a buying environment like this.

People are desperately seeking out companies that are different. Companies who have something unique about them. Companies that give them a good story they can share with their friends and associates.

Harry does this.

Guess how Harry Rosen got his start?

A little know fact about Harry is that he was an outstanding copywriter who hand wrote out long “quirky” little letters to the top CEOs in Canada. He would hand pick who he wanted as a buyer, get their address and hand write out these “odd letters,” as he called them in an interview.

Despite what many people think: Those executives not only received and opened his mail; they read it top to bottom and came in to order some finely tailored suits and clothing.

Hand-written … long copy … no photographs.

The TOP business leaders would respond with credit cards in hand. (I did ask him if he kept copies of them … unfortunately he said no).

They continue to sell to the affluent professional.

The up-and-coming executive who must make the right first impression. The new manager who needs to look good in the boardroom, as well as after hours at the company party.

While Harry no longer hand writes those letters, they still continue to use advertising campaigns that bring people in the door.

One way they do it is through their Ask Harry Column. It all started with an ad they ran that told this story…

“This is Harry. Harry has a store. Harry sells suits. Harry’s suits are all naturally tailored. Harry calls this lean, unpadded styling the Cambridge look. Harry specializes in the Cambridge look. If you like the Cambridge look, remember his name, Harry.”

“Right from the moment it ran, it was very successful,” Rosen says. “We had customers coming in from outside of Toronto, from around the country, in fact. That was the beginning, although I didn’t understand it at the time, of the branding of Harry Rosen.”

Anyone could ask Harry any question they wanted about clothing, dressing the part, or even how to act in social situations they are involved in.

You can ask Harry “Can you wear a French-cuffed shirt and cufflinks with a sports jacket, or only a suit?” and get an answer.

Some of the random things Harry helps men understand through his Ask Harry column:

• Changing trends in the men’s fashion world -http://www.harrymagazine.ca/en/notebook
• How to pick a wine with confidence
• How to tie a tie – also one of the top applications on Apple’s iStore
• How to pack a suitcase
• How to choose and wear your denim

Harry still spends every Saturday in his flagship store with a tape measure and piece of chalk in hand. He does the same thing at his other stores across the country at least a couple of times a year.

This is a man who has become a Canadian Icon in the business world, and a major success in the world-fashion scene.

His new breakthrough advertising campaign features prominent Canadian Business Men in their element.

Each ad is like a case study with the customer’s photo, their name and credentials, and their story of how they became a devoted Harry Rosen fan.

Some of the titles he gave his customers:
The Influencer
The Guru
The Entrepreneur
The Visionary

Harry Rosen the new entrepreneur

(The actual ads have more copy than on this picture though.)

How did Harry continue to thrive in an economic disaster?

They introduced a new campaign: “Welcome to The New Confidence”

“Our experience has been that the surest way to bolster the economy is to inspire confidence, the kind of confidence conveyed by dressing in a manner that underscores the fact that you are the right leader for the task at hand. Your personal brand is your biggest asset today.”

Harry Rosen is an exceptional business man and his use of his photo, his name, and his values in their marketing is one of the big reasons they have done so well.

Next, my friend Tommy BahamaTommy Bahama

I say friend because I feel like I know Tommy, even though he is a fictional character. I am actually wearing one of Tommy’s shirts right now … and I love Tommy’s clothes. They are right up my alley (an ex-suit who despises wearing a tie anymore … I was a Harry Rosen Shopper and have now moved to the Tommy side).

It is very interesting to me that both Harry and Tommy target similar demographics … upwardly mobile, more affluent types of buyers.

Yet their clothing styles are dramatically different. The sales approach they use is even more different. Harry sells you on looking good and knowing how to act in a professional situation.

Tommy sells you on the way of life that many of us strive for.

From their site:

ABOUT TOMMY

There is a warm westerly breeze rustling the palms, the lulling roar of crashing waves – it’s a celebration of island living, courtesy of Tony Margolis, Bob Emfield and Lucio Dalla Gasperina.

In 1992, our fictional Tommy Bahama character became the inspiration behind the experience of traveling to exotic locales where the food is good, the beaches are hot and the mood is relaxed.

Tommy Bahama and his tropical adventures command the finer things in life: casual, comfortable sportswear, golfwear, swimwear, footwear and accessories for men and women.

As the purveyor of island lifestyles, Tommy Bahama, has created a world where life moves at a more relaxed pace, where the enjoyment of the good life is the norm, rather than the exception.

Not sure about you, but I can hear the waves, and see myself there on that beach. It is what I strive for … and there are a lot of people out there who have a dream just like that.

And the Tommy character is just what the doctor ordered.

For the beach lovers out there … you can visit Paradise Nation and travel to exotic locations with
Tommy http://www.tommybahama.com/TBG/ParadiseNation.jsp

They have also expanded into the restaurant business now, and, although I haven’t had the privilege of frequenting one yet, I know people who have and they absolutely loved it.

Tommy Bahama also knows that those who aspire to an island lifestyle want more than just the nice comfortable clothes to go with it; they want to completely immerse themselves in everything to do with the beach bum life.

They now sell luggage, furniture, bathroom accessories, bedding and bathroom goods, rugs … even ceiling fans.

By the time you are done with Tommy’s store, you are completely decked out from head to toe and from doorway to bedroom.

You can even pick up a bottle of Tommy’s finest Tropical Rum for your afternoon cocktails out on the patio set you bought from Tommy.

You ARE living the Tommy lifestyle … exactly what you wanted.

So what does all this have to do with you and your business?

Pay close attention to these two businesses.

They both use a personality front and center. One of them is a real person, the other is fictional (but real in the customer’s mind).

The personality is used everywhere, and it becomes the main reason why people buy … they aspire to be just like that person they hear so much about. They want to live the same lifestyle … look the part … be that person.

This is a secret of success that is soooooo rarely used.

For example, a new client came on board last year.

He has a successful business in the horse training business. He lives on a ranch in the middle of nowhere. And people from all over the world seek him out to get lessons with their horses. They fly him all over the world to teach his classes.

And he wants to take his business to the next level.

How would he do it?

He would model what Harry and Tommy have done.

He would give his clients an insider’s view on what it is really like to be a cowboy.

To work with horses day-in and day-out.

To ride deep into the mountains on a three-week trip.

To be at one with nature and live off the land like real cowboys used to.

And we build his personality into everything that he does.

I will share with you what happens as we get this rolling.

Much like the lobster story I have shared here, the key to success in business today is giving people a unique story they can tell their friends and family.

The lobster brothers send out DVDs with every product shipment.

Pop the DVD in and watch your dedicated lobster-fisherman telling you about their family, about how they catch your lobster, and about what it is like working on a fishing boat for a living.

Those brothers built a million-dollar business in just a few months using their personalities as the main selling point.

In a business that was traditionally a price-based decision.

No longer.

So the question for you is …

… Do you want your customers to think of you like a Tommy?

… Or a Harry?

Both work.

One is more wild and free … living the ultimate lifestyle many of your customers aspire to. The other is a professional … works hard and plays hard.

Do your customers want to:

“Escape the troubles of the modern world in favor of a place that’s relaxed and worry-free … where life is one long weekend …

Or

“Live in their own New Confidence in a New Economy?”

Which person are you targeting?

How are you giving them what they want?

How can you?

What can you do to give them the lifestyle they want?

How can you tie your personality into it so they will NEVER forget you?

What one thing could you do in the next month that would get them talking about you to their friends, family and associates?

I would love to hear your ideas.

Thanks again.

To your success.

Troy

Apr
08

The greatest story ever told

I am sure you have seen this video by now… at time of writing 17 MILLION people have… and it was just released not long ago.
http://www.youtube.com/watch?v=_JmA2ClUvUY&sns=em

My daughters used to ‘talk’ to each other like this at that age – they even looked like these 2 boys back then (don’t tell them I said that!).

That was only 9 years ago… but boy oh boy has technology changed! It is now easier than every to get your message (video, email, webpage, blog, etc) in front of millions for little to no cost.

What I love most about this video is how engaged they both are in the stories they are sharing with each other. They may not understand the stories, but are they ever having fun telling them.

By the looks of it, their mother is a chatty Cathy type and they are modeling how she tells stories to her friends. (I know – I am married to a chatty Kari – and her story skills and chattiness have been passed on to our daughters :o )

Everyone LOVES a great story – 17 million people in this case.

What’s your funniest story?

Or the pivotal moment in your life or business that triggered the change you needed?

Think it through… a great signature story can be used on your websites, your product packaging, your blogs, your emails, your sales scripts and your customer reactivation sequences.

Great stories ROCK… just ask these 2 little boys.

Have a great day.

Troy

PS: A month ago I sent out a survey for everyone to fill out. I loved the results I saw… 79.2% of the people who filled it out wanted more access to me and would be signing up if I launched a membership program. I am proud to announce that my new membership site is coming along nicely.

The Marketing Dojang is Your Training Place For Serious Entrepreneurs Who Want Kick Ass Marketing.

You can get on the notification list here and get informed of new things coming shortly… http://www.marketingdojang.com