Charlie Cook's MArketing for Success Insider's Club

 

The Top Experts Reveal Small Business Marketing Strategies
That Get Results In This Economy

The Easy Way To Get Client Testimonials and Increase Sales

By Jeffrey Dobkin   |   December 24, 2010

How convincingly easy it is to close large accounts when you take out that a big book of recent testimonials and show them how great you are. What? You don’t have a big book of recent testimonials?
If you had one, when people asked you about your services, you’d bring out the huge testimonial tome, and tell them to call any of the many who signed off on their statements of your firm being the best thing since sliced bread or indoor plumbing. When confronted with 100 testimonials, most people won’t call any.
In your normal course of conversation with clients it’s easy to get someone to mention something flattering about you. Someone said something nice about me once. I’ll never forget it. It was in June of 88. Wednesday. We were about three or four gin and tonics in and… OK, no matter about the rest of the story. Man, I was all over them for a written testimonial like a cheap suit. Here’s how you can do it, too.
Even if it’s a simple statement, “Hey, thanks a lot. Nice speaking with you.” Or, “Thanks, I appreciate it.” You can make a testimonial out of it.
“That was a nice thing to say!” you exclaim! Inferring that it was nice of him to say it was nice talking to you, or that he appreciated something you did. Of course, people probably have said much nicer things than these simplistic statements about you, haven’t they? Oh well, me neither.
“Would you mind if I use that as a testimonial?” you continue, big smile on your face and catching them completely off guard.
“OK,” they’ll say without thinking.
Now that they’ve committed, casually ask, “Come to think of it, can you say a few more nice words about my firm (or myself) that I can use – I’ll write them down? Got my pencil ready!” Then smile – it makes a difference. “Keep it clean, though.” you joke. It’s good to sound fresh, like you’ve never asked anyone to do this before, or this is the first time for that joke. Ha!
They’ll say a few words, you smile and nod (which will look good in person, or will look less good over the phone but will sound like you’re smiling) and write down the gist of what they said.
Continue promptly, “Thanks. Thanks so much. Here’s what I’ll do so it’ll be as easy for you. I’ve written down what you’ve said and I’ll send it to you. You can just initial it and send it back – I’ll enclose two copies one for your files, and an envelope to send the other copy back to me. Hey, thanks for doing this.” Insinuating it’s a done deal.
Now that you have a nice approximation of what they’ve said, feel free to admonish it ever so slightly. Use a deft touch… like a great editor whose work is so subtle the author will go back and read his words and never know it was touched by anyone else. Now that’s the mark of a really great editor. You, on the other hand, don’t need to be quite that good. Just go ahead and make your testimonial sound great.
Since it was oral, your client most likely won’t remember what he said exactly – so you can take some liberties here. This is especially true if you’re at a bar and have been for the past 6 hours, you know, like when I got my first testimonial. Or was it 8 hours. I forget. But that’s not important – what’s important is I got this huge tattoo that night and who exactly is Janette. If anyone knows, please call.
If you’re friendly with this client, you can mention how great his new testimonial would look on his own letterhead, but “it certainly isn’t necessary.” Never hurts to drop a hint. Then send the testimonial that he “sort-of said” to him in a printed form.
You can also feel free to send it over to him by fax. It’s fast. If you send the testimonial that he “sort-of said” in a letter. it will take a few days to get to your client and here’s the benefit to this: Over the course of the day or two it takes to draft this statement and send it to the client in a letter, there’s no way they’ll remember what they said, and certainly they won’t remember their exact wording. Plus – if you received this testimonial after a few drinks, you can probably feel free to take great liberties writing what you thought you remembered and what he thought you both said. Or something like that.
Writing a testimonial for a client, unlike soliciting a client’s written testimonial, where most clients prove way beyond a shadow of a doubt they don’t use spell check, you can spell every word correctly. Send them their statement in a letter and as long as it doesn’t look to far out of range I promise you they’ll sign off on it. You’ll have a great, well written and signed testimonial.
For best results, collect a whole set, and don’t be afraid to show it off to new prospects. Tell them you’d be so proud if you had their personal testimonial in there while pushing a pen and paper their way. That’s called “The assumed close.” And that’s another article.

With a half dozen or more great testimonials, you have instant credibility and closing the sale is that much easier. What? You don’t have at least a half dozen  recent testimonials?

If you had them, when people asked you about your services, you’d point them to your testimonials, and tell them to call any of the many who signed off on their statements of your firm being the best thing since sliced bread or indoor plumbing. Read More »



What Should Be On Your Marketing Wish List?

By Charlie Cook   |   December 23, 2010

Imagine for a moment that Santa Claus does exist. (After all, the U.S. Postal Service collects tens of thousands of letters addressed to him each year). Pretend that he’s going to put the things you need to succeed with your business in his bag and deliver them to your door.

What would you ask him to bring? Do you know what you want and need to make your business a lasting success? Read More »



How To Turn Ideas Into Income

By Andrew Pek   |   December 22, 2010

One of the biggest challenges facing small businesses these days is translating IDEAS into INCOME.  Most organizations are fully aware of the need to come up with big ideas and many have sophisticated systems, processes and techniques for doing just that.  Unfortunately, this is often where creativity and innovation meet a roadblock.

Read More »



How Santa Rings In A Blizzard of Sales Every Year

By Charlie Cook   |   December 21, 2010

You gotta love Christmas, unless you’re a Grinch. Saturday, my wife and I walked across the street to our neighbors’ Christmas gathering of… a hundred and fifty plus friends.  It’s great to have an excuse to get together with friends and also to have them over, as we did on Sunday, though our dinner party was only for eight.
Speaking of good cheer…

What’s that ringing sound you hear at this time of year?

It’s the sound of cash registers ringing up the sales generated by Santa Claus. Just because he’s old, overweight, long-haired and unshaven and dresses funny, don’t overlook his success.

Santa is a top marketing expert and  you can become one too, if you follow his methods.  Read more >>



How To Boost Sales In One Simple Step

By Ryan Healy   |   December 20, 2010

Improve Sales by Taking Away Their Freedom
More choice is better… right?
Wrong.
That’s the conclusion of Barry Schwartz in The Paradox of Choice.
Common sense says increased variety and more freedom of choice will make people happier. But studies show it does the exact opposite. It actually makes them unhappy.
Why Is This?
It’s because if they make a decision, they will continually contemplate all the other choices they “sacrificed.” They will wonder if they would have been happier had they made a different decision.
This paradox of choice not only affects happiness; it affects the bottom line as well.
The rule is simple. The more choices you give a buyer, the less likely it will be that he will actually make a decision to buy.
Choices overwhelm people. Too many choices offered at once lead to inaction.
In other words, if you give a person too many ways to say yes, you will make it easier for the person to say no. Making a decision is hard work. It’s emotionally taxing. The more choices and variables involved, the harder it becomes to decide.
Make Choosing Easy!
Instead of offering a bunch of choices, offer one choice only. The choice is to either buy or not buy. The prospect must then decide yes or no. That’s it!
In almost every case, you want to make the decision to purchase as easy and simple as possible.
Buy or not buy; call or not call; request more information or don’t.
What Joe Sugarman Says…
One time Joe Sugarman wrote a newspaper ad selling a watch. His client wanted to sell three styles in three different colors for a total of nine different watches. Joe wanted to only sell one watch: the men’s watch in black.
Joe and his client agreed to an A/B split-test. The results were surprising…
When both versions ran, the ad that featured only one men’s watch out-pulled the other version that featured nine models by a surprising 3 to 1 ratio. In short, for every watch we sold from the ad that featured the nine styles, we sold three in the other ad that showed just the one black watch. (Advertising Secrets of the Written Word, p. 162)
Even prior to this split-test, Joe had told his client, “…offering a customer too many choices [is] a dangerous thing to do.” (p. 161)
This only serves to illustrate the point I’m making. If you want to improve your sales, take away your buyer’s freedom by giving him fewer choices. Not only will he be happier, you’ll make more sales, more money, and more profit.
– Ryan
P.S. For more copywriting tips than you can shake a pen at, skip on over to Copywriting Code.

More choice is better… right? Wrong. That’s the conclusion of Barry Schwartz in The Paradox of Choice.

Common sense says increased variety and more freedom of choice will make people happier. But studies show it does the exact opposite. It actually makes them unhappy.

Why Is This? Read More »



The Key To Becoming An SEO Matchmaker

By Susan Rice Lincoln   |   December 17, 2010

Keywords– The Ultimate Matchmaker
When all is said and done, online marketing is really about matchmaking.
On the one side of the relationship is YOU.  Very simply, you run a small business and you are trying to find qualified prospects who are interested in your services.  On the other side of the matchmaking equation are your potential clients.  And, while most small business owners don’t think about this, it is important to emphasize that there are hundreds—if not thousands of people—looking RIGHT NOW for you to help them solve their problems!
So how to connect?  Who does the matchmaking?
A large part of the ‘connection’ happens through the humble keyword.  An optimal keyword is a word or phrase which describes precisely the service or benefit you provide.
So, if you are a graphic designer in Toronto, your prospect will be typing in something like ‘graphic designer Toronto’ or ‘graphic designers in Toronto’.  And you want to be absolutely sure that when they type in that term that YOUR name pops us first (and not the name of your biggest competitor!)
Keywords matter.  Big time. They are paramount to online gold.
But not all keywords are created equally.  Your goal is to find keywords that have the following qualities:
the maximum possible searches
the lowest possible competition
high commercial viability (in other words, when people type that term in they are ready to buy rather than just ‘seeking information’
So how do you figure out which keywords you need to grow your business?
One of the best tools out there to find keywords is a piece of software called Market Samurai.
Market Samurai will not just help you find the right keywords, it will show you how competitive they are, how often they are being searched, their commercial viability as well as which sites currently rank for them.  It is a comprehensive and easy-to-use tool.
Focusing on keywords is an absolute essential first step in successful online marketing.  Go to http://www.marketsamurai.com/ (this is NOT an affiliate link) and grab a free trial of Market Samurai today and get going!
Here’s to your blogging success,

When all is said and done, online marketing is really about matchmaking.

On the one side of the relationship is YOU.  Very simply, you run a small business and you are trying to find qualified prospects who are interested in your services.  On the other side of the matchmaking equation are Read More »



How To Make Your Prospects An Offer They Can’t Refuse

By Paul Martinez   |   December 16, 2010

In one of my previous posts, I showed you how to increase your response rates overnight—simply by targeting the right prospects.

That alone can have a huge impact your bottom-line profits.  But there’s something else that’s just as powerful. Read More »



How Google Local Marketing Helped Me…

By Charlie Cook   |   December 16, 2010

It’s 1:30 in the morning and I can’t sleep. There’s this loud chewing noise coming from over my head and it’s keeping me awake.

What is it? Watch the video below. Read More »



How To Achieve Your Small Business Goals for 2011

By Tom Hopkins   |   December 15, 2010

Planning the Achievement of Your Goals
by
Tom Hopkins
Goal setting and time planning go hand in hand. I don’t believe you can effectively plan your time without goals. And, I don’t believe you’ll ever achieve your goals without effectively planning your time.
Since numbers are easier to work with than ideas, I’m going to demonstrate how time planning and goal setting work together to help you achieve your financial goals. The same system can be applied to any other goal you can measure with numbers, but this is the easiest way to demonstrate it.
First of all, determine what your financial goal is going to be. If you want to earn $60,000 next year, you’ll need to know exactly what you have to do to get there. This can be done with a simple graph shown below.
Year              Month             Week               Day
Financial Goal       $60,000        $5,000        $1,200          $249
# of Sales               120              10              2.4               .5
# of Presentations   360              30              7.2              1.5
# of Contacts         1,800            150              36              7.5
In order to make $60,000, you’ll need to be on track with earning $5,000 each month. Assuming you take a two-week vacation, that breaks down to earning $1,200 per week. Earning that $1,200 each of the 50 weeks of the year will let you truly relax and enjoy your two-week vacation.
To see how that breaks down to what you must earn each day, let’s take 365 (days in a year) and subtract weekends. In our example, I’m assuming you work 5 days per week. That leaves 261 days per year for you to work. However, that’s not true in that you are likely to celebrate various holidays and, don’t forget your two-week vacation. So, let’s take away 10 holidays and 10 vacation days. So, now you have 241 days per year that you are out there face-to-face with potential clients. Dividing 241 into $60,000 shows us that you must earn $249 each day you work. Now, if you take longer vacations or personal days or sick time, you’ll have to rework your figures here to stay on track.
You know how much income you generate from each sale on average. Divide that amount into your $60,000 goal, then across the month, week and day columns. This shows you how many sales you need to make each day to earn that $60,000.
For example, if you earn $500 per sale, you would need to make 120 sales per year, which averages 10 sales per month, 2.4 sales per week or about half a sale per day. So, if you didn’t close a sale yesterday, you’d have to close one today to stay on track.
Next, we consider your closing ratio. Your closing ratio is determined by how many people you must present your product or service to before you get a closed sale. If you close one out of every 3 people, then your ratio is 1-to-3. So, if you must make 3 presentations to get one sale, how many do you need to reach your 120 annual sales goal? 360 presentations.
If it takes 5 contacts to make 1 presentation, you’ll need to contact 1,800 people this year to achieve your goal. That boils down to just about 7.5 people per day.
Now, as you plan your time to accommodate your goals, is it feasible for you to make 7.4 new contacts each working day? If it’s not, you have two choices: 1) you can lower your income goal, which doesn’t sound like much fun, or 2) you can improve your skills so your ratios are better and you don’t have to meet as many people to make the number of sales you desire.
Knowing what you must do each day to achieve your larger annual income goal helps you direct your time to what will really matter most.
This same system can be applied to saving or investing your financial resources for retirement; a special family vacation; or any goal that can be broken down mathematically. Once you get a handle on this system, you’ll find you can even apply it to your exercise routine and other aspects of your physical health. If the small steps are well taken, the journey will reach a successful end—the achievement of your goals.

Goal setting and time planning go hand in hand. I don’t believe you can effectively plan your time without goals. And, I don’t believe you’ll ever achieve your goals without effectively planning your time.

Since numbers are easier to work with than ideas, I’m going to demonstrate how time planning and goal setting work together to help you achieve your financial goals. Read More »



Which Discounts Generate Profits…

By Charlie Cook   |   December 14, 2010

{!name},
When it came time to pay the bill for dinner I must admit, I felt a foolish.
There I was handing over a $10 discount coupon for a bill that was $190 but I had to admire the marketing savvy of the restaurant owner.
A few nights before, my wife had been conferring with our good friends Leslie and Will and Leslie offered to pick the restaurant and make the reservation.
Like us, Leslie is always interested in trying new places and she had a $10 coupon for Tendga, an Asian restaurant across town in Greenwich.
We knew we were taking our chances with a new restaurant but it turned out both the food and service were first rate. My only complaint was the techno music blaring from the bar.
Which brings me back to the math.
The restaurant owner spent money on a mailing to selected homes in Greenwich, CT offering $10 off. That’s right, just $10 off in a town where the average home sells for a million dollars.
The result was that he generated at least one sale of $200 and given that we’ll be back and I’m telling all my friends – just this one $10 coupon is likely to generate a couple thousand dollars in sales over the next couple of years.
Add in a few more new loyal customers the mailing generated and the simple $10 coupon more than paid for itself.
Now I know many people worry about giving discounts. After all it seems contradictory, if you want to increase your profits – giving away money doesn’t sound that smart.
And it’s true, cutting your prices dramatically isn’t the brightest move to make if you want to stay in business. That’s what General Motors did just before they filed for bankruptcy and got bailed out.
On the other hand, using discounts to generate leads, to get people in the door so you can create loyal customers who will buy from you over and over again is just plain good business. That’s what the owner of Tengda did and you should do it too.
Speaking of discounts. Want to save $10 on any MarketingForSuccess product?
Just enter “MFS-10” in the coupon code box before 12/20/10 to save yourself $10 on any order.
Go here to get started >>
(https://www.marketingforsuccess.com/store/)
Talk to you later,
Charlie
MarketingForSuccess
P.S. What’s the easiest way to get more people to your web site, or to your place of business?
Give them a reason – even one as simple as $10 discount coupon. Who knows – it could easily bring you in dozens or even hundreds of new customers and tens of thousands of new sales that you would have otherwise missed.
P.P.S. What’s the best discount strategy you’ve used to increase sales and profits?
Just go to the blog, and add your idea as a comment to this post and provide the link to your site, and get some free press for your business. Here’s the link to the blog post >>

When it came time to pay the bill for dinner I must admit, I felt a bit foolish.

There I was handing over a $10 discount coupon for a bill that was $190 but I had to admire the marketing savvy of the restaurant owner.

A few nights before, my wife had been conferring with our good friends Leslie and Will and Leslie offered to pick the restaurant and make the reservation. Read More »