Today we’ll take a look at how the kings of industry wine, dine and otherwise cajole prospects.
Most of successful professionals use a series of information based ads that build emotion and a call to action. These are much more effective than a standard company branding advertisements. The same principles that go into putting together a high impact (and, often, high priced) ad campaign can be adapted to fit your needs with similar results.
Here are some ways to put together and execute a professional, effective ad campaign:
1. Put together a short report that’ll you’ll automatically send to prospects when they contact you. This should include a short description of your business and what you specialize in. Don’t forget to include case studies, samples or other proof of your success.
2. Develop value-oriented yellow page ads.
3. Consider newsletters as a way of educating and informing customers about your industry and services offered.
4. Offer a free seminar, webinar or other lecture to build awareness of your business, but make sure you make the information pertinent to your target market and find speakers who are respected and known in the industry.
5. Buy an existing business, introduce better marketing and grow this new business faster than a “from scratch” business.
6. Always test different versions of your ads to find the most effective ones.
7. Use direct mail marketing to grow your business.
8. Put together a database of previous customers and send them new information.
9. Offer incentives such as frequent purchasing benefits, loyalty programs, referral programs or others.
10. Approach large firms who may need your services and negotiate a deal to be their exclusive expert in your field.
11. Offer a 24-hour information line with a regularly updated recorded message. Make this available to all past and future customers/clients.
12. Donate time or materials to local charities to show support in your area.
13. Offer public clinics for the general public to come along and discuss what they need that’s free and approachable.
14. Organize seminars your customers/clients can pay to attend by putting together a high-perception value package.
15. Approach local newspaper by offering to write a weekly column about your area of expertise. Don’t ask for money, just a byline and bio.
16. Develop a weekend or other destination seminar for customers/clients, not only does this give you an action-packed weekend with the most important people, it gives them a tax-deductible business adventure.
17. Take a good seminar and turn it into written form as a home study, member site program, audio or video program.
18. Approach large companies and offer to give seminars to their employees, investors or management.
19. Be proactive with your marketing plan.
20. Barter for your marketing. Offer products or services in lieu of payment.
21. Be willing to bring in new clients, even if at an initial loss because it will likely pay off later.
22. Regulate your marketing budget to maximize the potential income from them to hit the next year and try to push back advertising costs for the next year to offset your expenses.
23. Make offers to target markets or target market businesses to pay them for referrals or shared databases.
24. Offer loaner products to replace equipment that’s be repaired or refurbished.
25. Give away something free to everyone who brings in a print version of your advertisement. This is a great way to see which ads are giving you the most bang for your buck.
26. Continually consider what new products/services you can offer to current customers/clients.
27. Develop a mail order division of your company.
28. Offer a proposition to your competitors to trade customers/clients you were both unsuccessful in selling to.
29. Use different marketing tactics as an excuse to attract new customers/clients with new offers and goodies.
30. Offer a “you-choose-the-price” program. This is especially good for product you just can’t seem to sell.
So, there are 30 great ways to market to other professional and businesses. Some other great ways to get your name out there for little or no cost are:
• Get involved you in your community-volunteer, donate to local events, etc.
• Join your local Chamber of Commerce and attend the networking and other activities throughout the year.
• Join a local, state or regional professional associates for further networking opportunities.
• Become a board member of a local organization.
Advertising should never be your only method of marketing, there are a myriad of ways to get your name out there in a way that feels personal to potential customers/clients.
“Effective advertising…must be used to get your name out to the public. If your name is not familiar to people, they will not come to you.” Jay Abraham
If you’re not sure where you start with your marketing plan or how to reach out to your local community, competitors, customers/clients and others who could influence your business in a highly positive way, try our GUIDED TOUR to experience the tools and resources we have to boost your business to the next level and beyond.
If You want more leads, sales, and profits then Remember:
Grapes must be pressed to transform into wine.
Olives must be pressed to transform into olive oil.
Diamonds must be pressed to transform into valuable diamonds.
If you’re feeling pressed right now…
Congratulations and please enjoy your transformation.
Your ONE COACHING THING today is:
‘A Hungry Audience’
If you were selling hamburgers and I said you could have any single advantage in the market place… what advantage would you ask for?
Answers vary between stuff like ‘the secret sauce’, ‘the best burger’, a powerful brand name like ‘McDonalds’, a great manager to manage the day to day operations, etc…
The answer is simply ‘A Hungry Audience’.
It’s not an accident there’s a food court in every shopping mall… and the only time it’s not busy is when the mall closes.
The best hamburgers and the best promotion will fail miserably if your location is full of vegetarians.
In other words, a great marketing message will ‘miss’ when delivered to the wrong audience.
I’ve broken this down into the best three ‘market segments’ for your high-end coaching clients to find their ‘Ideal Client’:
1. Shop a zip / postal code.
Search the internet, drive through an area, do a customer survey (marketing is nothing more than asking people what they want and then delivering it), and find an audience ‘hungry’ for what it is you offer.
A great example of a mistake in this regard is a carpet cleaning company promoting heavily in an area where most people rent their houses/apartments.
Find an area near the water and sell real estate by farming the postal / zip code and getting heavily involved in the area with the tag line ‘The Water View Girl’.
1. Shop demographics.
By collecting information on your customers, you will easily be able to identify measurable factors the majority of your clients have in common (golfers, new Moms, chiropractors, etc..).
Once you identify this marketing becomes 100% easier as you ‘know who you’re talking to’.
1. Association targeting.
Identify FB groups, LI groups, trade associations, business associations, and community organizations your ideal clients belong to.
Join these groups, become actively involved, and intimately understand the challenges and concerns of the group.
Other powerful and inexpensive strategies involve forming joint ventures, endorsed mailing, and essentially aligning to these groups as they’re the ones that have proven to be most inclined to buy from you.
PS. Elvis Presley earned $33 million in 2019. Not bad for a guy that passed away over 40 years ago.
He knew his audience and catered to them.
PPS. If you’re looking for a proven system to grow your business and achieve your goals…then put my system to the test by visiting https://weswflorida.com/myguidedtour/
Educate them about what, you may be thinking. Well, consider this, many businesses focus solely on attracting new customers, but you NEED to spend a good chunk of your time retaining current and former customers. These are people you already know to be a good sales potential…they’ve already bought from you!
Take the time to market and sell new products to your old customers and less time trying to sell old products to new customers and you will see a drastic change in your sales, customer quality and branding position.
Here are a couple of key elements to use to retain your current customers:
- Stay in contact: This means by phone, email, e-newsletter, in person-by pigeon if you have too!
- Post-Purchase Assurance: This means you need to follow up with customers. Your customers need to feel like they are being supported for their purchase and with the item they purchased. How many times have you purchased a product, then felt completely abandoned? Something as simple as a Thank You note with your contact or customer service information can go along way in retaining a great customer.
- Deals & Guarantees: Always offer your current customers the best deals and guarantees you have. Show them you appreciate their business or even come up with a club specifically to reward loyal customers. You can also do this with a preferred pricing option.
- Integrity: Using good business practices and simply upholding integrity, dignity and honesty go along way with customers. Let’s face it, there’s a lot of swindling and crap out there and the safer and more confident you make your customers feel, the more they will trust you and that makes for an amazingly supportive and loyal customer.
There are three cornerstone ideas to a successful business:
- Quality product/service
- Offering useful products/services that solve a problem for or enhance the life of a customer
- Offer subjects your customers find interesting
Use this approach of educating your customers and offering them real information and insight and you will be rewarded with loyalty and success.
Stop wasting all your time on new prospects while your current customers fall by the wayside!
As Jay Abraham says, “Your best prospects are your existing customers. If you’ve been putting all your marketing efforts into acquiring new customers, stop and diverts some of your resources into reselling, upselling, cross-selling to those same customers. In every ways possible – through package inserts, regular mailings, special offers – stay in touch with those customers and get them used to buying from you.”
So, there it is! Remember, our FREE test drive can help you put together the resources and tools to do exactly that. We can help you educate your customers and you can watch the benefits pay offer many-fold.