Nov
01

Lead generation and client retention

Jim Palmer’s call tonight was excellent.

If client acquisition and retention are top of your list (they should be), then you need to hear this call…

[jwplayer mediaid="1719"]

Right click here to download the mp3

Also – he made some excellent offers at the end for his new book and how you can save $600 in printing off your next print newsletter campaign (details below).

Some of the things we discussed:

* The profitable marketing strategy of client retention versus acquisition
* Why your business is like a leaky bucket!
* Why newsletters are vitally important in growing your business
* Why a customer newsletter is such an effective marketing tool
* Jim will share five of his secrets to producing a great newsletter
* Jim will discuss how not to be a newsletter pansy!

Jim is the acclaimed author of three great books, The Magic of Newsletter Marketing – The Secret to More Profits and Customers for Life and Stick Like Glue – How to Create an Everlasting Bond with Your Customers So They Spend More, Stay Longer, and Refer More and Jim’s latest book, The Fastest Way to Higher Profits, 19 Immediate Profit-Enhancing Strategies You Can Use Today.

Jim is a good friend, a good guy, and delivered some exceptional content on the call.

http://www.newsletterguru.tv - how to use videos in your marketing mix (simple videos anyone can do)

SPECIAL OFFER

http://www.higherprofitsbook.com – use the coupon code “profit” for $16.95 ($6 off) – open for 48 hours

http://www.nohasslenewsletters.com - mention troy in comment window and get $600 in FREE printing towards your first 6 newsletters!

 

Aug
22

Marketing stickiness

marketing-clutter

Does your marketing look like it's buried in the clutter?

11  important rules you need to stick to if you want to succeed in your marketing:

1)      The purpose of your marketing is NOT to showcase your brand, your logo, (it does not need

to be for them to buy something, as it can be for them to take some kind of action like visiting a web page to get something for free)

2)      You MUST learn how to create compelling offers that get them to take those actions.

3)      Each of the marketing campaigns you launch will consist of a minimum of 3 steps.  In other words, when communicating with your clients and prospects, you must send at least 3 different pieces to them in order to call it a properly designed campaign (and one that will actually work and help you achieve goal #1 from above)

4)      No more cutesy sayings and vague one-liners that say and do nothing that take you closer to goal #1. Again, a cute radio ad is useless if it doesn’t generate you leads or make you money.

5)      You will learn how to become a more natural writer, and use those skills to further build on goal #1

6)      Your personality in your marketing is your greatest asset. Don’t hide the fact that you are a real live person, like most business owners do. They try and mask the size of their company… pretending to be a big company.  Putting your face and personality front and center in all your marketing will do more for your sales than anything else you do.

7) Effective advertising rarely looks like advertising.

8)      Effective advertising stops your ideal customer in their tracks and literally forces them to start reading your ad.

9)      Effective advertising always has some form of tracking mechanism in place so you know exactly if it is working, or not.

My first few years into copywriting, I had logged 2,000 hours of writing and studying from the masters (I tracked my hours).

Since discovering this thing called copywriting, I have a whole new world in front of me.  I see why most businesses struggle.  I see why people think marketing doesn’t work. I see why most people think advertising is a waste of money. And I see why some companies go on and accomplish amazing things in record time.

I have had the privilege to work with some incredible people, from all over the world. Movie stars. Bestselling authors. Public speakers. Inventors.  Real estate investors and developers.  Information publishers.  All said and done, there are probably 35+ industries I have helped now.  And have made them millions and millions of dollars in short periods of time.

 

Why do I share this with you? Because just 7 years ago I had no idea what marketing was or how it worked.  Today, I am an internationally-known entrepreneur who has helped thousands of people turn their businesses around.  Every week, my articles go out to thousands of entrepreneurs and small business owners spanning the globe.  And I absolutely love seeing the look in a client’s eye when they hit their first grand slam in marketing. The pay doesn’t hurt either.

If I can do it, so can you.  I failed English in high school and university.  But I quickly discovered that real marketing doesn’t care about proper grammar.  As you will see in this article, real marketing breaks many of the rules of proper English.

Yet it works… and the results speak for themselves.

 

 

I LOVE your comments… good and bad.  Let me know what I can do to help you grow your business faster and more profitably.

Troy

 

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
06

Thoughts on Groupon and all the clones

I had a client of mine email this question.

There are some solid lessons in my reply – whether or not you plan on using this type of service – the answer applies for ALL leads.

Question: > What is your opinion on Swarmjam, Groupon, and sites like that? I have been approached by some of them and (competitor #1), (competitor #2), and (competitor #3), have run campaigns with them. Thank you.

My answer…

Hi Ghislaine, I think they are good for one thing only (which is why they will never work for most businesses).

Leads.

You won’t make money (doubtfully anyhow) off the promotion with them.

You may get hundreds of people in the door – but they will usually be at break even or a loss for you.

BUT, if you have a system in place to get them back… then it can work.

Most people assume that buyers from all these Groupon type deals will come back to buy more after the initial discount deal.

But Groupon type buyers typically go on looking for the next great deal.

And they never hear back from the last company they bought from anyhow… so time to move on to the next 80% off deal.

But if you have a system in place to get them back at a smaller discount the next time.

Then a system in place to get them buying again – at regular price. THEN you can make money.

But you know as well as I do – most businesses have ZERO system in place for this.

If you have yours in place – then you will be ok (as long as you get in front of them regularly to get them back).

You can make money with these – but only when you get them back to buy more and more often, without the huge discount you gave them in the first place).

My thoughts anyhow.

Troy

So, the questions for you are…

…what are you you willing to PAY for a lead (this type of lead generation is usually at break even or a loss).

…what SYSTEMS do you have in place to guarantee a certain percentage comes back to buy more from you?

If you don’t know those, don’t bother with Groupon and the clones. You WILL lose money and never get it back.

In my own opinion, Troy

PS: Don’t believe me?

Lets say typical purchase if $50 at list price. $25 is margin.

Groupon and clones want you to discount by at LEAST 50%.

Now you are at break even.

BUT, you still haven’t PAID Groupon and clones – they will want at LEAST 10% of sales.

So you sell 1,000 ‘deals’

$25,000 revenues – alright!
Minus $2,500 to Groupon clones.
Leftover = $22,500

BUT it cost you $25,000 to create the products you are selling.

It cost you $2,500 to bring in 1,000 new potential repeat buyers. Which is $2.50 per ‘lead’ – which is actually quite reasonable IF you know how to get them back to buy more, at higher margins next time.

Make sense?

So what is your system to get them back to buy more, at higher margins?

Jan
07

Do 500 men love their wives?

In 1934 a florist (B. Altman) ran an advertisement that went like this:

“We believe there are 500 men in New York who love
their wives… and want to give them flowers for
Easter

So… we’ve provided 500 old-fashioned bouquets…
ready now and packed in beautiful boxes. They’re
just inside the Fifth Avenue entrance… all at one
price and that one price very easily to afford”
($2.50)

Simple?

Yes.

Successful?

500 bouquets sold in 3 hours = 170 PER HOUR!

So, yes.

The reason why this is mentioned here?

Could YOU not find a way to make this work?

You are appealing to an upcoming holiday — one typically not thought of by men that often as a reason to give flowers.
[hint: Valentine's Day coming up - a GOOD reason to have a promotion]

You are appealing to the simple nature of men… make is EASY to buy (packaging done – right inside the door – one price – not expensive… all of these make it EASY to buy).

How could you run a special bundle promotion for one of the following events that happen next Monday (Jan 10th):

Oil 1st discovered in Texas (1901) / Peculiar People Day / Volunteer Fireman’s Day /
National Cut Your Energy Cost Day / Where’s the Beef? Day

Not hard to figure out is it?

“Thanks for being a great customer – - here is a special offer just for you. Offer good until midnight on Thanksgiving day.”

Think it through – and get your promotions going!

The Cash Flow Calendar is designed to be a simple marketing plan for the entire year.

Complete with at least 3-5 ideas every single day of the year for a promotion, plus templates and ready to steal letters, as well as an actual 12 month spreadsheet you can use for planning and tracking your promotions.

One client just upgraded his 2010 version to the 2011 version VERY quickly.

Why?

Because he made an additional $11,000 in January last year by using the ideas in this marketing calendar! Simple… and very cost effective.

Here’s to a GREAT year ahead!

Troy
(PS: The ad above was written by Ruth Packard – one of the great copywriters who understood the power of simplicity and ease of order).

Nov
23

From College Student to Millionaire in under 3 years

One of the biggest problems entrepreneurs have is fear.

Fear of doing something they are not ‘comfortable’ with.

Fear of trying something new.

Fear of looking less-than-professional.

But those fears are what hold people back from breakthroughs.

Like Chris V.

He came to an event of mine a couple years ago. He was living a good lifestyle in a business that was doing well…

…but there was a nagging feeling that something better was waiting for him.

And he did what few others do – he took the plunge and faced his fear head on.

I’ll let him say the rest:

“Troy, I cannot thank you enough for the 2007
Wild West Millionaire Summit you put on. My membership
business grew from $2300 per month to over $96,000 per
month and still growing at a ridiculous rate… all from
your marketing calendar, copy writing and you helping me
tell my story with the world.

I have gone from a College Student to a Millionaire in
under 3 years with my Dream Home on the water being
built as we speak… My wife and new born daughter
thank you even more!.. lol

I think your event, your information, your personality
is incredible!”

Chris Vermeulen
Founder, TheTechnicalTraders.com

When you face your fears and do new things in your business and marketing – major things like this can happen.

Do happen.

Regularly.

So – isn’t it time for you to start sharing your story with others?

The upcoming Story Selling Coaching Club starts December 7th.

= = = = = = = = = = = = = = = = = = = =
Have a look at my Crazy Canuck
Minus 32 degree guarantee

= = = = = = = = = = = = = = = = = = = =

http://www.storysellingtips.com/coaching.html

…THAT is how confident I am in this course delivering you the results you want!

Hope you join us – with the busiest buying seasons upon us – you have no time to waste.

To your story selling success,

Troy

PS: I recently shared the Carnegie Mellon stats that showed proof that stories outsell facts by 118%.

Double your sales with stories – and stories are easier to write than fact based copy – when you have the right system in place. I will show you how.

“Troy’s story selling works! In just a few short calls Troy as able to
uncover great story ideas that I didn’t even realize I had. I’ve been sitting on a
gold mine!

Thanks to Troy we did our first Halloween promotion ever, and had a
18 to 1 Return on our investment! We are already working on our next two
campaigns.

Can’t wait to see what you come up with next! Thanks again!”

~~~~ Seth Greene

http://www.storysellingtips.com/coaching.html